Pak Rupee on track to break free from 7-year Dollar curse
Pakistani Rupee (PKR) is silently and steadily on track to snap its seven-year-long losing streak against the mighty Dollar this calendar year...
Go to articleNews by Rafay Malik
Weekly Market Roundup
Pakistan stocks were unstoppable this week, breaking records every day and extending their gains to close above the 109,000 level...
Go to articlePSX records highest trading value in over 7.5 years
The Pakistan Stock Exchange (PSX) has seen a significant increase in its trading value over the past couple of weeks, with today's session recording...
Go to articleKSE-100 suffers largest single-day drop of 2024
Investors who were eagerly anticipating the market to break its destined 100,000 mark well ahead of the December target are now shifting towards severe...
Go to articleRussia-Ukraine tensions spark gold rally in Pakistan
Pakistan’s bullion market, which had been struggling following Trump's win in the US presidential election, managed to stage a strong rebound last week ...
Go to articleChina scales back power investments amid security woes
Pakistan’s power sector failed to attract Chinese capital in October, showcasing an unusual trend potentially due to threats to Chinese nationals...
Go to articleADR tax sparks legal showdown for Pakistan banks
All eyes have turned to Pakistan’s commercial banks after a recent court order granted temporary relief to numerous banks from the hectic incremental tax...
Go to articleTrump’s win pressures gold prices in Pakistan
Investors in Pakistan’s bullion market suffered severe losses last week as international gold recorded its biggest weekly drop in nearly 5 months...
Go to articlePakistan govt tackles debt head-on, retires trillions
Pakistan’s government has retired a substantial Rs2.08 trillion in debt in the ongoing fiscal year, marking a shift from the previous fiscal year’s record...
Go to articlePakistan stocks set to outshine gold for second year running
Pakistan stocks are once again on track to outperform gold in delivering higher calendar-year returns, driven by improved macroeconomic indicators...
Go to articleVolatile week for oil wraps up with gains
Global oil prices faced immense volatility this week, yet managed to settle with a modest gain driven by rising Israel-Iran fears and signs that demand...
Go to articlePakistan banks race for higher ADR to escape tax hammer
A sudden rush has emerged among certain Pakistani banks to lend at lower-than-expected rates in order to bring their Advances to Deposit Ratio (ADR)...
Go to articleOGDC's profit collapse sinks Oil & Gas sector in Q4FY24
Oil & Gas Development Company Limited (PSX: OGDC), the leading Force in Pakistan's Oil and Gas Exploration sector, posted a substantial drop in its quarterly...
Go to articleGold sustains record-breaking rally, rates discrepancy arises
The record-breaking rally of Pakistan’s bullion market was further spurred this week fueled by the continuous boost in international gold prices...
Go to articleFFC tops KSE-100 with largest market capitalization
Fauji Fertilizer Company Limited (PSX: FFC) has emerged as the company with the largest market capitalization among the remaining companies of the KSE-100...
Go to articlePakistan bond yields hit near 2.5-year low
Pakistan’s bond yields have plummeted to their lowest level in up to 2.5 years following an aggressive policy rate cut, with the rejection of all bids...
Go to articleFed's aggressive rate cut sparks record gold rally in Pakistan
Pakistan’s bullion market delivered substantial returns to investors last week, with prices surging to new highs in line with international rates...
Go to articlePakistan's currency in circulation hits near decade low
The Currency in Circulation (CIC) in Pakistan has dropped to a near 10-year low level as a percentage of Gross domestic product (GDP) at current prices...
Go to articleSBP's aggressive rate cut, IMF deal: A Dual Success
Yesterday’s Monetary Policy Committee (MPC) Meeting gave Pakistan more than just an unexpected rate cut as it assured the implementation of the delayed...
Go to articlePakistani banks continue to flourish with strong quarterly profits
Extending their streak of financial success, Pakistan’s commercial banks have closed another quarter scoring higher earnings driven by increased interest...
Go to articleOil prices crash amid economic slowdown
Global oil prices plummeted this week as demand concerns and a likely rise in supplies out of Libya outweighed delays in output rise by the OPEC+...
Go to articleGold's bullish run in Pakistan continues unabated
Pakistan’s bullion market continued its upward rally this week as gold prices once again reached a new peak due to a continuous...
Go to articleSAZEW: A Tech-Savvy Titan
Sazgar Engineering Works Limited (SAZEW), the Blue-chip pick of the Pakistan Stock Exchange (PSX) has been in the limelight for quite a prolonged period...
Go to articleGold stands firm despite global drop, underpricing emerges
Despite a rough start, Pakistan’s gold market managed to close the week relatively stable, regardless of the downturn in international gold rates...
Go to articlePakistan's gold price surges to all-time high amid global recession fears
Pakistan’s bullion market glittered this week as its key benchmark rallied to a new all-time high following a global surge and a relatively weaker local...
Go to articlePakistan faces largest Dollar drain in 6 years: A mixed blessing ahead
Pakistan, the Dollar-scarce nation just witnessed a major outflow of the greenback as overseas investors repatriated the highest dividends and profits...
Go to articlePakistan's fiscal strain widens as govt breaks borrowing record
Pakistan's government has borrowed a massive sum of Rs8.564 trillion from commercial banks in the fiscal year 2023-2024 (FY24), the highest debt ever...
Go to articleGold price in Pakistan hits 6-week high on global upswing
Pakistan’s bullion market delivered substantial gains to investors as prices reached a 6-week high, buoyed by a significant rise in international...
Go to articlePKR FY24 Review: Rising From Ashes to Harmony
Pak Rupee’s journey during the fiscal year (FY24) can be described as tough yet remarkable, as the currency rebounded from its all-time low...
Go to articleKSE-All share market cap reaches new high after nearly 7 years
The Pakistan Stock Exchange All-Share market capitalization reached an all-time high level of Rs10.55 trillion during today’s intraday session...
Go to articlePakistan grapples with untaxed Eid activity worth Rs500bn
Eid-ul-Azha generated economic activity of over Rs500 billion in Pakistan, but its contribution to the country’s treasure or revenue remains...
Go to articleBudget Blues: Pakistan's high-stakes tax strategy
Pakistan’s budget for the upcoming fiscal year reflects the necessity to shrink the fiscal deficit with somewhat harsh taxes spanning across various segments...
Go to articlePakistani Rupee holds its breath against USD for another month
Pakistan's currency, though not registering any gains, has successfully managed to maintain stability against the mighty Dollar for another month...
Go to articlePakistan's bullion market rebounds after tough week
After experiencing a rough patch last week, Pakistan's bullion market saw a slight revival this week as the price of its key benchmark...
Go to articleKP turns to domestic debt, Rs31.3bn proposed for FY25
Khyber Pakhtunkhwa’s budget for the upcoming fiscal year 2024-25 shows proposed Domestic Debt receipts of Rs31.3 billion among the capital inflows...
Go to articleGold market in Pakistan hits rough patch as gains go up in smoke
Pakistan's bullion market witnessed major suffering this week, with gains from the past week getting completely erased due to plunging international...
Go to articleBanking sector kicks off Q1 2024 with a bang, records upbeat earnings
Pakistan’s most profitable sector, commercial banks sustained its robust profit growth in the first quarter of 2024, primarily supported by...
Go to articleSBP auction triggers dramatic 62bps drop in PKRV yields
Pakistan’s secondary market yields have garnered significant attention and focus as following the recent auction conducted by the central bank...
Go to articlePKR stands rock-solid against mighty Dollar in 2024
The Pakistani Rupee (PKR) has sustained its march on the path of stability and strength since the start of the calendar year (2024) as the USD to....
Go to articlePakistan Chemical companies see profits dry up despite revenue gains in Q1 2024
Pakistan’s Chemical sector has faced a challenging start in the first quarter of 2024, witnessing a profit contraction amid inflationary pressures and....
Go to articleGold prices in Pakistan rebound despite weak consumer demand
The domestic bullion market snapped its two-week tragic loss as the price of 24-karat gold rebounded by Rs5,500 per tola...
Go to articleOil & gas sector's profit boom stalls in Q1 2024 amid lower income
Pakistan’s oil and gas exploration sector has failed to sustain its tale of financial success as industry players witnessed a major drop in earnings...
Go to articleGold prices slide for 2nd straight week amid diminishing purchasing power
This week marked the second consecutive weekly loss for the domestic bullion market, with the price of 24-karat gold dropping by Rs6,400 per tola....
Go to articleGold price in Pakistan falls Rs7,800 per tola in a week
The domestic bullion market snapped its winning journey this week as the price of 24-karat gold dropped by Rs7,800 per tola to close at Rs244,400..
Go to articlePKRV drops up to 60bps in 2 sessions as MPC nears
The secondary market yields (PKRV) in the past two days have recorded a significant drop of up to 60 basis points across different tenures as the central...
Go to articleGold prices break records in Pakistan on global, currency cues
The domestic bullion market continued to roar as prices this week surpassed their previous record high level and reached a new peak, driven by surging...
Go to articleGold hits record high above $2,400 amid China's buying, geopolitical tensions
International gold rose above $2,400 per ounce and recorded a new all-time high on Friday as geopolitical tensions and China’s economic concerns continued...
Go to articlePakistan's bullion prices break all-time records this week
Gold prices in Pakistan rallied this week, surging past their previous all-time high to reach a new peak, driven by a massive rise in international...
Go to articleDomestic gold heats up as international rate reaches new peak
The domestic bullion market has recently witnessed one of its most bullish months as the international gold rate has reached a....
Go to articlePKR defies odds, keeps Dollar at bay for 4th consecutive month
The Pakistani Rupee (PKR) has demonstrated resilience against the mighty Dollar for a prolonged period as the currency concluded March as its...
Go to articlePakistan's oil & gas sector defies circular debt worries with 1HFY24 earnings boost
Pakistan’s oil and gas exploration sector has recorded a stellar financial performance during the first half of the ongoing fiscal year 2024, delivering....
Go to articleInternational gold spike triggers bullish rally in domestic market
The domestic bullion market witnessed a strong bullish momentum this week, delivering massive returns to local investors as the international spot rate....
Go to articleNBP affirms to maintain robust CAR after accounting for Rs98bn pension liability
The National Bank of Pakistan (PSX: NBP) is poised to keep its Capital Adequacy Ratio (CAR) well above the standard limit of 14% after incorporating....
Go to articlePakistani banks cash in on soaring interest rates, achieve record profits in 2023
Extending its journey of continuous success, the banking sector has settled the financial year 2023 with remarkable resilience, as majority of...
Go to articleChina's investment retreat exposes vulnerability of Pakistan's FDI
China has given a major blow to Pakistan this month as the country divested a total of $254.9 million in January 2024, resulting in the nation's...
Go to articlePakistani freelancers celebrate foreign windfalls with Dollar ATMs
As many Pakistanis are unaware of the formal or legal process for withdrawing dollars through their foreign accounts, it is important to draw attention....
Go to articlePKR starts 2024 strong, gains 2.36 rupees against USD in January
The Pakistani Rupee (PKR) has made a positive start to 2024, closing the month of January at Rs279.5 with a gain of 0.84% or 2.36 rupees against the...
Go to articlePIA's wings get unclipped
After residing in a dull spot for an extended period, Pakistan International Airlines Corp (PIA) has finally emerged into the spotlight as the market...
Go to articleGovt's elevated bank borrowings cast shadows over Pakistan's economic outlook
Government borrowings from banks are following a troubling upward trend, pushing the country deeper into the debt tunnel and casting...
Go to articleGold Yearly Review: Domestic Bullion strikes it rich in 2023
Domestic bullion investors have joyed magnificent investment returns for 2023 as the yellow metal has delivered an impressive 19.47% yield...
Go to articleOperational challenges dim debut of GIS auction through PSX
Despite an impressive response to the auction for the 1-year GoP Ijara Sukuk (GIS) through the Pakistan Stock Exchange Limited (PSX)....
Go to articleOil prices slide for 7 straight weeks, longest downtrend since 2018
Global oil prices have marked their seventh consecutive weekly decline this week, the longest losing streak witnessed in half a decade...
Go to articleGold Weekly Review: Domestic price drops Rs8,000 per tola amid global slide, strengthened Rupee
Gold investors in the domestic bullion market experienced a major setback this week as the price of 24-Karat gold plunged by Rs8,000 per tola...
Go to articleGold Weekly Review: Domestic gold glows amidst global price surge
Bullion investors in the domestic market joyed significant gains this week driven by the...
Go to articlePrivate Airlines' fare hike sparks cartel fears amidst PIAC's operational challenges
Amidst Pakistan International Airlines Corporation's (PIAC) operational challenges, it appears that private airlines have formed a cartel..
Go to articlePrivate Airlines not capitalizing on PIA's woes, investigation reveals
The allegations surrounding private airlines raising fares amid Pakistan International Airlines (PIA) operational struggles...
Go to articleGold Weekly Review: Domestic Bullion soars amid rising global prices, weaker Rupee
The domestic bullion saw significant gains this week as the price of 24-karat gold surged by Rs6,350 per tola to Rs208,350...
Go to articleGold Weekly Review: Domestic Bullion sparkles with global surge
After witnessing continuous fluctuations, domestic bullion closed the week with a gain of Rs2,500 per tola or 1.25%...
Go to articleOil prices record biggest weekly drop since March as demand glooms
International oil prices closed the first week of October on a sour note, witnessing their steepest...
Go to articleOil bulls on a roll, prices extend gains for fourth straight month on supply concerns
Oil prices extended their upward trajectory for the fourth straight month as the market continued to weigh on OPEC....
Go to articleFCCL eyes new export markets with completion of D.G. Khan plant
Fauji Cement Company Limited (PSX: FCCL), a major cement exporter to Afghanistan, is poised to explore additional export opportunities with the completion....
Go to articleGold Weekly Review: Bullion prices take a nosedive as rupee gains momentum
Domestic bullion over the past week experienced a significant downturn as the Pakistani rupee (PKR) staged a strong comeback against the...
Go to articleBanking sector profits double to Rs257.5bn in 1HCY23 on higher interest rates
The banking sector's profitability surged nearly twofold to Rs257.50 billion in the first half of 2023, primarily due to higher interest...
Go to articleGold Monthly Review: Prices take a bull run as rupee weakens
Domestic bullion witnessed a remarkable surge in August, driven by the continuous depreciation of the Pakistani rupee (PKR) and.....
Go to articleGold Weekly Review: Bullion shines bright as rupee falls
Domestic bullion maintained its bullish momentum this week, mainly driven by the continuous depreciation of the....
Go to articleWACOG: A ray of hope for Pakistan's gas sector circular debt
Amidst the increasing circular debt burden in the gas sector worth Rs1.6 trillion, the concept of Weighted Average Cost of Gas (WACOG) emerges as a...
Go to articleUnusual price movement up to 3x, PSX seeks clarification
Amid the approval of the long-Standing Staff Level Agreement (SLA) with IMF along with a series of positive news flows, the local bourse is enjoying a bullish..
Go to articleGold Weekly Review: Prices hold steady as investors shift to risk-on assets
Throughout the past week, domestic bullion prices remained relatively stable, with investor attention shifting towards risk-on assets in response to specific...
Go to articleGold Weekly Review: Domestic bullion witnesses significant rise, driven by PKR depreciation
Domestic bullion witnessed a significant rise during this week, mainly driven by the continuous depreciation of the Pakistani....
Go to article| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 120,756.52 91.35M |
-1.00% -1214.52 |
| ALLSHR | 75,587.79 519.61M |
-0.83% -629.45 |
| KSE30 | 36,607.00 44.30M |
-0.83% -305.96 |
| KMI30 | 178,333.70 48.21M |
-0.88% -1584.76 |
| KMIALLSHR | 51,821.58 235.95M |
-0.74% -385.94 |
| BKTi | 30,129.67 10.63M |
-0.53% -160.88 |
| OGTi | 27,152.71 5.50M |
-1.23% -339.24 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 105,070.00 | 105,740.00 104,385.00 |
160.00 0.15% |
| BRENT CRUDE | 75.79 | 77.00 75.77 |
-0.66 -0.86% |
| RICHARDS BAY COAL MONTHLY | 88.00 | 0.00 0.00 |
-3.60 -3.93% |
| ROTTERDAM COAL MONTHLY | 104.20 | 0.00 0.00 |
0.10 0.10% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
| CRUDE OIL - WTI | 72.63 | 74.04 72.61 |
-0.64 -0.87% |
| SUGAR #11 WORLD | 16.33 | 16.43 16.26 |
-0.18 -1.09% |
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Pakistan Stock Movers
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|---|
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