The benchmark index gained 4,695.09 points, or 4.96 percent, to settle at 99,269.25 points at the closing of the stock market, as against the previous day’s closing of 94,574.16 points. A total of 1.05 billion shares were traded during the day compared with the turnover of 1.11 billion during the previous trading day at the […]
According to the Monthly Economic Update and Outlook for November, the fiscal sector stability has been evident on the back of prudent fiscal consolidation as during July-September (FY2025), the net federal revenues grew 186 percent to Rs.4,019 billion from Rs.1,406 billion during the same period of last year. “The unprecedented increase in revenues was mainly […]
The rupee was at 84.4425 against the U.S. dollar, down 0.1% from its close of 84.3275 in the previous session. The weakness in most Asian currencies also weighed on the rupee, with the Indonesian rupiah down 0.4% and leading losses. Public sector banks were spotted bidding for dollars, with the demand most likely related to […]
As compared to the exports of $123.965 million during fiscal year 2023-24, the fish exports during the period under review witnessed a decline of 6.33 percent, according to PBS data. In terms of quantity, the exports of fish and fish preparations decreased by 0.04 percent during the period when compared to exports of 54,562 metric […]
Additionally, according to forex. pk, the price for 10 grams of 24-karat gold is currently SAR 3,173, while the price per ounce of gold is set at SAR 9,869. It is important to note that gold prices fluctuate globally, including in Saudi Arabia, and there may be variations in this information as the prices were […]
According to forex. pk, the currency website indicated that the Omani Rial appreciated by 25 paisas in relation to the Pakistani Rupee in the open market. The Omani Rial, abbreviated as OMR, is the official currency of Oman. It is divided into 1,000 smaller units known as baisa. The rate of Rs. 715.5 per Omani […]
Brent crude futures rose 5 cents to $72.86 a barrel by 0415 GMT, while U.S. West Texas Intermediate crude futures were up 3 cents at $68.80 a barrel. Both benchmarks settled lower on Tuesday after Israel agreed to a ceasefire deal with Lebanon’s Hezbollah. A ceasefire between Israel and Hezbollah will take effect on Wednesday […]
The Central Bank of Sri Lanka said it was moving to a single policy rate set at 8.0 percent, an “effective reduction” of around 50 basis points. The move came a day after the government vowed to honor a deal secured by its predecessor to restructure $12.55 billion in international sovereign bonds, a key condition […]
Additionally, as reported by Forex. pk, the price for 10 grams of 24-karat gold is currently SAR 3,269, while the price per ounce of gold is recorded at SAR 10,167. It should be noted that the gold price across the world, including Saudi Arabia, changes constantly and there will be some differences in this post […]
Brent crude futures climbed 13 cents, or 0.2%, to $75.30 a barrel by 0115 GMT, while U.S. West Texas Intermediate crude futures were at $71.38 a barrel, up 14 cents, or 0.2%. Both contracts last week notched their biggest weekly gains since late September to reach their highest settlement levels since Nov. 7 after Russia […]
