Islamabad, August 23, 2024: State Bank of Pakistan (SBP) injected Rs966.5 billion in the market on Friday through reverse repo purchase and Shariah Compliant Mudarabah based Open Market Operation (OMO). According to OMO results issued here, the SBP conducted Open Market Operation, Reverse Repo Purchase (Injection) on August 23, 2024 for 7-day and 28-day tenors…
Islamabad, August 23, 2024: The weekly inflation, measured by the Sensitive Price Indicator (SPI), witnessed a decrease of 0.10 percent for the combined consumption groups during the week ended on August 22, the Pakistan Bureau of Statistics (PBS) reported on Friday. According to the PBS data, the SPI for the week under review in the…
Islamabad, August 23, 2024: The per tola price of 24 karat gold increased by Rs.200 and was sold at Rs.262,000 on Friday compared to its sale at Rs.261,800 on last trading day. The price of 10 grams of 24 karat gold also increased by Rs.172 to Rs. 224,623 from Rs. 224,451 whereas the price of…
Islamabad, August 23, 2024: The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Friday and gained 08.01 points, showing a slight positive change of 0.01 percent, closing at 78,801.43 points against 78,793.41points on the last working day. A total of 682,409,886 shares were traded during the day as compared to 804,261,249 …
Karachi: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has advised all its members to fully support the countrywide strike on August 28 announced by traders’ community by keeping their businesses completely closed so that the government could be compelled to immediately withdraw the controversial Tajir Dost Scheme in addition to reducing…