PSX loses 700 points in range-bound trading

KSE-100 slips 0.41% to close around 170,480 as geopolitical concerns weigh on sentiment The Pakistan Stock Exchange (PSX) witnessed a lacklustre, range-bound trading session on Friday, with the benchmark KSE-100 Index closing near 170,480 points, declining approximately 700 points. “A range-bound trading session was observed at the exchange, with the index fluctuating within a narrow…

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Gold prices in Pakistan Today

KARACHI: Gold prices declined in local bullion markets on Friday after prices fell in the international bullion market. The price of gold in the international bullion market decreased by $14 per ounce to $4,453, resulting in a decline in domestic prices. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold…

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Appointments to key offices must be merit-based and transparent, FCC rules

Order says public appointments not to be made on subjective preference but through a process of merit, accountability ISLAMABAD: The Federal Constitutional Court (FCC) ruled on Thursday that the appointments to important public offices must demonstrably conform to constitutional standards of fairness, transparency, institutional integrity, and merit-based governance. “Public authority cannot be exercised on undisclosed…

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War fails to cripple Iran nuclear programme

First IAEA report since February shows little change despite war VIENNA: The UN nuclear watchdog sent a report to member states on Thursday with no major changes to its assessment of Iran’s nuclear programme, despite three months of US-Israeli war with the stated aim of preventing Iran from building an atomic bomb.In its first report…

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4 terrorists killed in DI Khan, Mohmand IBOs

RAWALPINDI: Security forces killed four terrorists affiliated with the Indian-sponsored Fitna al-Khawarij in two separate intelligence-based operations (IBO) in Khyber Pakhtunkhwa, the military’s media wing said on Thursday. According to a statement issued by the Inter-Services Public Relations (ISPR), security forces conducted an IBO in Dera Ismail Khan district following reports of terrorist presence. “After…

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