The market’s positive performance translated into significant gains for investors, with trades involving 23 crore 36 lakh shares. Consequently, the market capitalization of PSX rose by 12 billion rupees, reaching an impressive total of 7 trillion 36 billion rupees. This uptick in market capitalization signifies the increasing overall value of the listed companies on the stock exchange.
Category: Pakistan
The dollar has become 280 rupees in Open market
Several factors could be contributing to these fluctuations. One significant influence could be the global economic dynamics, including the policies of the US Federal Reserve and the ongoing trade relations between the United States and other nations, which have a direct impact on the dollar’s value against other currencies.
State Bank of Pakistan Reports Decline in Worker Remittances for September 2023
In a detailed breakdown, the SBP revealed that Pakistan received remittances from various countries, with Saudi Arabia being the highest contributor at 538.8 million dollars, followed by the United Arab Emirates (UAE) at 399.8 million dollars, and the United Kingdom at 311.1 million dollars.
Gold Prices Witness Significant Decline in Pakistan After September 12
On the global scale, gold prices have also experienced a dip, decreasing by 55 dollars to 1856 dollars per ounce in the international bullion market. This decline in gold rates both nationally and internationally signifies a significant shift in the precious metal market dynamics.
Supreme Court Hearing Highlights Legal Debate on Practice and Procedure Act
The Supreme Court of Pakistan, under the leadership of Chief Justice Qazi Faez Isa, heard requests related to the Practice and Procedure Act. Justices Sardar Tariq Masood, Aijazul Ahsan,
Funeral prayers offered with full military honors for martyred Pakistan army soldiers.
SARGODHA (Wen Desk) – The funeral prayers of Major Raza Ali Shah Shaheed and Havaldar Nisar Ahmad Shaheed, who were tragically martyred during an exchange […]
Progress Continues on Pakistan’s Gas Pipeline Project with Iran
Pakistan is actively engaged in diplomatic efforts to dissuade Iran from pursuing international arbitration over a critical gas pipeline project connecting the two nations. This […]
Government Committee Recommends Financial Benefits Instead of Free Electricity for Power Company Officials
The move is expected to result in significant annual savings, totaling more than 6 billion Rupees. Additionally, similar recommendations have been prepared for officials in generation companies, with grade 16 employees continuing to receive free electricity services.
Woman and Two Sons Killed, Husband Injured in Attack by Rivals in Nowshera Virkan, Gujranwala.
In a tragic incident in Nowshera Virkan, Gujranwala, a woman and her two sons lost their lives when unidentified gunmen stormed their house in Tatlay […]