Category: Stock Markets
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Could 22, 2025 (MLN): The international change reserves held by the State Financial institution of Pakistan (SBP) surged by $1.04 billion or 10.03% WoW to $11.45bn in the course of the week ended on Could 16, 2025, information launched by the Central Financial institution confirmed on Thursday. The sharp rise in reserves got here after Pakistan…
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Might 22, 2025 (MLN): Gold value in Pakistan decreased on Thursday, with pure gold being offered at Rs347,500 per tola, down Rs1,900. Equally, pure gold per 10-gram was offered at Rs297,925 after a decline of Rs1,629, in response to charges shared by the All-Pakistan Gems and Jewelers Sarafa Affiliation (APGJSA). The worth of 22-karat gold…
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Goldman Sachs analyst Michael Ng sees heavy AI emphasis at Apple’s (NASDAQ:AAPL) Worldwide Builders Convention, forecasting developer entry to Apple’s in-house fashions and potential Gemini AI integration on iPhonesechoing Alphabet’s Sundar Pichai comment {that a} mid-2025 Apple partnership may very well be imminent. Ng, who maintains a Purchase score with a $253 value goal, notes…
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Could 22, 2025 (MLN): The federal government is ready to lift Rs70.886 billion by the outright buy of Authorities of Pakistan Ijara Sukuk (GIS VRR-19) on a deferred cost foundation, also called Bai Muajjal. The association is being facilitated by the State Financial institution of Pakistan (SBP) by its Home Markets & Financial Administration Division, in accordance…
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Might 22, 2025 (MLN): Witnessing a dramatic twist on Thursday, the benchmark KSE-100 Index surged to a historic all-time excessive of 120,668.42 factors throughout intraday buying and selling, marking a achieve of 736.97 factors at 10:19 AM. Nevertheless, the bullish momentum pale rapidly. By market shut, the index had reversed course, shedding 778.41 factors to settle at…
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Could 22, 2025 (MLN): Pakistan and Azerbaijan reaffirmed their dedication to strengthening bilateral relations, notably within the vitality sector. This got here throughout a gathering between Federal Minister for Petroleum Ali Pervaiz Malik and the Ambassador of Azerbaijan to Pakistan, H.E. Khazar Farhadov, held on the Ministry of Petroleum. The dialogue centered on enhancing collaboration in…
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Could 22, 2025 (MLN): Pakistan goals to export 125,000 tons of mangoes this season, with shipments beginning on Could 25, 2025, in accordance with the Pakistan Fruit and Vegetable Exporters Affiliation (PFVA). If the goal is achieved, the nation may earn an estimated $100 million in international trade, the affiliation mentioned. The export goal for the…
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Guangzhou-based Xpeng is one in every of a number of Chinese language electrical automobile corporations that is began to develop abroad. Function China | Future Publishing | Getty Photos Chinese language electric-vehicle maker Xpeng noticed its shares in Hong Kong surge over 10% Thursday following upbeat earnings and stronger-than-expected income forecast for the second quarter.…
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Might 21, 2025 (MLN): The benchmark KSE-100 Index concluded Wednesday’s buying and selling session at 119,931.45, exhibiting a rise of 960.33 factors or 0.81%. The index remained optimistic all through the day, exhibiting an intraday excessive of 120,106.21 (+1,135.09) and a low of 119,128.38 (+157.26) factors. The whole quantity of the KSE-100 Index was 280.86…
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Lowe’s stated it faces housing-market headwinds and near-term financial uncertainty, however stored its 2025 earnings projections in place. #Lowes #gross sales #fall #clients #avoiding #merchandise #value
