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…

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…

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…

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…