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The price of gold in the country witnessed a sharp increase on Friday, with the price of 24-karat gold rising by Rs5,200 to Rs477,136 per tola, according to the All Pakistan Sarafa Gems and Jewellers Association. The price of 24-karat gold for 10 grams increased by Rs4,458 to Rs409,067, while the price of 22-karat gold […]
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Sugar stocks surged on strong pre-festival demand, with Balrampur Chini, Bajaj Hindusthan, Uttam Sugar and others hitting 52-week highs.
The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) staged a strong recovery on Friday, gaining 574.76 points, a positive change of 0.33 percent, to close at 177,166.52 points against…
The State Bank of Pakistan (SBP), Friday, injected Rs 2,850.55 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) to maintain liquidity in the…
Key PointsTreasury bills currently offer risk-free, 3% to 4% yields.
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The Pakistani rupee extended its marginal gains against the US dollar on Friday. The local unit closed the day at 277.56, a gain of Re0.01 against the greenback.