A broker on the stock market examines a computer during a negotiation session on the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. – AFP The index has reached an intradible level of 115,040.58; Day’s Low was held at 112,935. Trading has remained strong, with more than 185 million actions changing hands The … Read more
A logo of the State Bank of Pakistan (SBP) is represented on a reception at the headquarters of Karachi, Pakistan, July 16, 2019. – Reuters SBP projects the balance of the Fy25 current account between -0.5%, 0.5% of GDP. Strong momentum in the shipments of workers’ funds, exports expected via financial year 25. Performances of … Read more
A World Bank building. – Reuters / File WB says real growth must be supported by recovery of private consumption. Investment motivated by disinflation, drop in interest rates to increase GDP. The report indicates that growth remained low during the first half of the 201025 financial year. Pakistan’s economy stabilizes and should grow 2.7% during … Read more
The OPEC logo is seen in this illustration taken on October 8, 2023. – Reuters The organization of oil exporting countries (OPEC) slightly reduced its oil demand growth forecasts on Monday, citing the impact of American tariffs on the global economy. The oil cartel led by Saudi Arabia said in its monthly report that it … Read more
The brokers in stock monitor the new television screens on a stand, during a negotiation session on the Pakistan Stock Exchange, in Karachi, on July 3, 2023. – Reuters The market ends at 115,094.23, up 1,009.70 points. Intraday High reaches 115,247.39, winning 1,162.86 points. Low session recorded at 114,429.93, up 345.4 points. The stock market … Read more
The signaling is seen outside the headquarters of Moody’s Corporation in Manhattan, New York, United States, November 12, 2021.— Reuters Upgrade credited to strong macroeconomic indicators. Moody’s warns the sustainability of long -term debt always a risk. The rating agency provides that the economy is developing 3% in 2025. Moody’s Ratings revised its prospects in … Read more
A saleswoman shows gold bracelets to a client in a jewelry exhibition hall on the occasion of Akshaya Tritiya, a large gold buying festival in Kolkata, India, May 3, 2022. – Reuters Local goldfall from RS2 500 by tola at RS300,500. Spot Gold fell from 0.5% to $ 2,862.19 per ounce of 0935 GMT. Bullion … Read more
Pakistani traders stand under an electronic board displaying stock prices on the Pakistan Stock Exchange (PSX). — INP/File Sentiment reinforced mainly by disinflation and improving reserves. The KSE-100 index gained 982.77 points and closed at 114,230.06. The index reached an intraday high of 114,496.08, then fell to 113,083.86. After a massive correction last week, the … Read more