Tag: Economy


  • PSX Closing Bell: Child You are a Firework

    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…

  • Gold hits document excessive above ,380

    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…

  • Pakistan receives 5m exterior financing in March

    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…

  • Gold tola worth touches historic Rs357,800 mark

    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…

  • Fortunate Investments IPO: Not Simply Fortunate however Strategic

    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…

  • Weekly Market Roundup – Mettis International Hyperlink

    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…

  • SBP deputy governor inaugurates ‘Go Cashless’ marketing campaign in Karachi

    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…

  • President Donald Trump is registering the worst financial approval numbers of his presidential profession amid broad discontent over his dealing with of tariffs, inflation and authorities spending, based on the most recent CNBC All-America Financial Survey. The survey discovered that the increase in financial optimism that accompanied Trump’s reelection has disappeared, with extra People now…