KARACHI: The Pakistan Stock Exchange (PSX) rebounded strongly on Wednesday, fueled by renewed investor confidence and speculative interest ahead of the upcoming Federal Budget. Significant buying was observed in oil & gas and banking sector stocks. The benchmark KSE-100 Index surged by 960 points, or 0.81%, closing at 119,931.5 points,
KARACHI: The Pakistani rupee weakened slightly against the US dollar on Tuesday, depreciating by 0.05% in the inter-bank market. By the day’s end, the local currency closed at 281.92, down by Re0.15 compared to Monday’s closing rate of 281.77. On the global front, the US dollar traded mostly flat on
ISLAMABAD: Pakistan’s economy posted a 2.4 percent growth in the third quarter (January–March) of fiscal year 2024–25, according to data released by the Pakistan Bureau of Statistics (PBS) on Tuesday. This GDP growth came despite a 1.14 percent contraction in the industrial sector during the same period, as revealed during
KARACHI: The Pakistani rupee recorded a slight decline against the US dollar, slipping by 0.04% in the inter-bank market on Monday. By the end of the trading session, the local currency closed at 281.77, down by Re0.11 against the dollar. In the previous week, the rupee had shown a modest
