Category: Stock Markets
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April 21, 2025 (MLN): The benchmark KSE-100 Index concluded Monday’s buying and selling session at 118,383.38, displaying a rise of 1,067.80 factors or 0.91%. The index remained optimistic all through the day displaying an intraday excessive of 118,827.47 (+1,511.89) and a low of 117,712.70 (+397.12) factors. The entire quantity of the KSE-100 Index was 367.33…
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April 21, 2025 (MLN): Gold costs surged by greater than 1% on Monday, crossing the $3,380 per ounce mark, setting a brand new document excessive. The surge comes as buyers flock to gold amid escalating international commerce tensions and a weakening U.S. greenback, pushed by safe-haven demand. Analysts predict that the valuable steel may proceed to…
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April 21, 2025 (MLN): Pakistan secured exterior financing value $555.2 million in March 2025 from a number of financing sources, 52.5% greater than final month and 154% greater than the identical month final 12 months. Cumulatively, in 9MFY25, the nation solely managed to safe $5.2 billion in exterior financing towards the annual finances estimates of…
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JPMorgan Chase (NYSE: JPM) just lately reported spectacular monetary outcomes for the three-month interval that ended March 31, comparable to first-quarter 2025. The large banking establishment exceeded Wall Road expectations, posting income development of 8% and diluted earnings-per-share development of 14%. Shares had been up barely following the upbeat announcement. This prime financial institution inventory…
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April 21, 2025 (MLN): Gold worth in Pakistan surged to a historic excessive on Monday, with pure gold being offered at Rs357,800 per tola, marking a rise of Rs8,100. Equally, pure gold per 10-gram was offered at Rs306,755 after a achieve of Rs6,944, in accordance with charges shared by the All-Pakistan Gems and Jewelers Sarafa Affiliation…
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Unlock the Editor’s Digest free of charge Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly publication. The United Arab Emirates goals to make use of AI to assist write new laws and evaluation and amend current legal guidelines, within the Gulf state’s most radical try and harness a know-how into…
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April 20, 2025 (MLN): With rising investor confidence and an growing shift towards Shariah-compliant monetary options, the Islamic mutual fund trade in Pakistan is flourishing. Most just lately, Fortunate Investments made headlines by efficiently raised Rs50 billion throughout the Preliminary Public Providing (IPO) of its debut fund, the Fortunate Islamic Cash Market Fund. This was…
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April 20, 2025 (MLN): This week, the capital market witnessed a collection of optimistic developments on the financial entrance, which helped restore investor confidence. Accordingly, the benchmark KSE-100 Index gained 2,462.25 factors, or 2.14%, to settle at 117,315.58 in comparison with final week’s shut of 114,853.33. Intraday swings had been vital, with the index reaching a…
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April 20, 2025 (MLN): To advertise a shift in the direction of a cashless financial system, the ‘Go Cashless’ marketing campaign was inaugurated by Deputy Governor State Financial institution of Pakistan Saleemullah at a neighborhood mall in Clifton, aiming to teach each distributors and prospects in regards to the use and advantages of digital cost options. The…
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This index measures the efficiency of emerging-market corporations that cross rules-based screens for adherance to Shar’ah funding tips. #Dow #Jones #Islamic #Market #World #Rising #Markets #Index