US stocks dip as AI valuations cause market concern
Wall Street stocks fell slightly amid concerns over artificial intelligence equities, with retail sales growth slower than expected but still indicating so
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Inflation
Gold prices fall as Middle East tensions boost US rate hike expectations
Escalating Middle East tensions push gold down as investors bet on a September interest rate hike by the Federal Reserve.
PSX Index Surges 2,837 Points as KSE-100 Rebounds
The Pakistan Stock Exchange's benchmark index gains significantly after a strong recovery from geopolitical tensions and improved investor sentiment.
Tandoor Owners Threaten Price Hike Over Bread Pricing Dispute
Punjab Food Department and Nanbai Association in dispute over official bread prices, with tandoor owners threatening to increase roti price to Rs.…
Pakistan rupee strengthens against dollar, hits 19-month high
The Pakistani rupee breaches Rs278 against the US dollar for the first time in 19 months due to soft inflation data and…
LHC Introduces New Policy Allowing Judicial Officers to Purchase Official Vehicles
The Lahore High Court has introduced a new policy allowing judicial officers to purchase their official vehicles at depreciated prices, effective from…
PM Shehbaz Urges Preparedness Amid Regional Economic Risks
Prime Minister Shehbaz Sharif directs authorities to prepare for potential economic challenges due to regional uncertainties.
Gold prices rise by Rs400 per tola in Pakistan
Gold price per tola increases by Rs400, while silver decreases in Pakistan.
Fertilizer Giants Anticipate Profits Drop, May Cut Dividends
Pakistan’s listed fertilizer companies expect a 20% decline in profits due to higher input costs and reduced DAP demand.
Sindh government recovers 150,000 tonnes of wheat from hoarders
Sindh government launches crackdown on hoarders to stabilize prices and ensure adequate supplies.
Nickel Prices Surge as Sulphur Supply Worries Persist
Nickel prices surge 1.8% to three-week high amid fears of sulphur supply disruptions, impacting production costs and global markets.
US gas prices surge as Iran tensions escalate
Diesel fuel in the US now costs over $5 per gallon due to heightened tensions between the US and Iran.
PSX Gains Over 2,837 Points as KSE-100 Index Surges
The Pakistan Stock Exchange (PSX) saw a significant recovery on Thursday with the KSE-100 index gaining over 2,837 points due to US…
Malaysian Palm Oil Futures Rise on Bargain Buying
Malaysian palm oil futures increased due to bargain buying but were capped by high stocks in Malaysia and Indonesia.
Gold Prices Rise for Second Consecutive Day in Pakistan
Gold prices increased by Rs. 400 per tola, while silver fell by Rs. 134 on Thursday.
Cocoa futures fall sharply amid Europe’s weak demand
Cocoa futures decline by 5% amid concerns over Europe's second-quarter grind and weak physical demand.
Gold prices rise in Pakistan, reaching Rs425,436 per tola
Gold and silver prices in Pakistan have seen changes with gold reaching Rs425,436 per tola and silver decreasing by Rs134.
Gold prices surge by Rs400 per tola
24-karat gold price per tola increases by Rs400, reaching Rs425,436 on Thursday.
PTA to Halve eSIM Prices in Pakistan
Pakistan Telecommunication Authority is reducing eSIM prices by up to 50 percent, aiming to boost adoption and ease the use of 5G…
PTA Clarifies eSIM Transfer Rules for Mobile Users
Pakistan Telecommunication Authority allows users to transfer eSIMs up to 10 times for free, aiming to make the technology more convenient.