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The Pakistan Stock Exchange (PSX) witnessed a strong recovery on Friday, with broad-based buying pushing benchmark indices higher. The market reversed some of the losses seen in previous sessions, driven by improved investor sentiment and positive policy signals. Despite ongoing market volatility, the PSX closed in positive territory, reflecting renewed
The Pakistani rupee showed a slight gain against the US dollar in the interbank market on Thursday, closing at 279.80, up by Re 0.01 from Wednesday’s closing rate of 279.81. The marginal improvement reflects stability in the local currency amid ongoing market fluctuations, as traders continue to monitor exchange rate
Global oil prices jumped nearly 4% to a five-month high as fears grew over potential supply disruptions if the US moves toward military action against Iran. Brent crude rose to $70.90 per barrel, while WTI climbed to $65.56, driven by escalating geopolitical tensions and rising unrest inside Iran, keeping global
The Pakistani rupee (PKR) showed slight resilience in the inter-bank market on Wednesday, registering a marginal gain against the US dollar. The local currency settled at 279.81, reflecting a symbolic appreciation of Re0.01 compared to Tuesday’s closing rate of 279.82. This minor recovery indicates a period of relative stability for
