July also recorded the second-highest monthly increase in investor accounts in PSX history ISLAMABAD: The Pakistan Stock Exchange crossed the milestone of 600,000 investors for the first time in its history in July, with the total investor base reaching 607,025, the Ministry of Finance said on Thursday. July also recorded the second-highest monthly increase in…
KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased $13 million to $17.04 billion during the week ended on July 31, 2026, according to data released by the central bank on Thursday. Pakistan’s total liquid foreign currency reserves stood at $22.47 billion by the end of July, of which the…
The United States on Thursday highlighted opportunities to strengthen cooperation with Pakistan in agricultural technology, saying greater adoption of American innovation could help modernise the country's farm sector while expanding bilateral trade and investment. US Charge d'Affaires Natalie A Baker made the remarks during a Direct Line webinar, organised by the Business Council for International…
Latest revision takes petrol to Rs329.82 per litre and HSD to Rs382.36 under the new pricing system People wait in line at a petrol pump. — FILE PHOTO The federal government on Thursday reduced the prices of petrol and high-speed diesel (HSD) by Rs3.19 and Rs1.50 per litre, respectively, for August 7. According to a…
Gold prices extend sharp gains for second consecutive day in global, local markets KARACHI: Gold prices recorded sharp gains in both international and local markets on Thursday, rising for the second consecutive day. In the international bullion market, the price of gold rose by $113 per ounce to $4,268 per ounce. According to the All-Pakistan…
INVESTMENT AVENUE: “The critical minerals issue is very important for us because it is about economic security, prosperity and national defence,” the official said. Pakistan joined the US Critical Minerals Initiative in Washington earlier this year. PHOTO:FILE ISLAMABAD: The Trump administration is ready to finance another project the size of Reko Diq, and American investors…
ISLAMABAD: The government has rejected findings of the first international consultant and has approved the presence of tight gas in an exploration field operated by Polish Oil and Gas Company. The consultant hired by the director general petroleum concessions (DGPC) declared that the gas field had no tight gas reserves. But the DG hired a…
LAHORE: The Netherlands has identified the Lahore Chamber of Commerce and Industry (LCCI) as a key partner for expanding bilateral trade and investment, with the current trade volume of $1.9 billion having the potential to reach $5 billion through enhanced cooperation. Chargé d’Affaires of the Dutch Embassy Hajo Provo Kluit, during his visit to LCCI,…
KARACHI: Pakistan Stock Exchange (PSX) posted strong gains on Wednesday, with the benchmark KSE-100 index reclaiming the 180,000 level amid broad-based buying supported by global cues and optimism about Pakistan’s external financing outlook. The KSE-100 settled at 180,014.93, higher by 2,931.71 points, or 1.66%, compared to the previous close at 177,083.22. During the day, the…
KARACHI: Gold prices recorded a sharp surge in Pakistan on Wednesday, mirroring gains in the international bullion market, as investors turned to the safe-haven asset amid a weaker US dollar and ahead of the release of key US labour market data. According to the All-Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold…