Karachi, December 15, 2023 : On Friday, the local market saw a significant surge in the per tola price of 24-karat gold. Gold prices in the domestic market rose by Rs5,700 per tola, reaching Rs218,300, as reported by the All Sindh Sarafa Jewellers Association. The cost of 10 grams of 24-karat gold also surged by…
Islamabad, December 14, 2023 : The trading day for Pakistani equities commenced with a downward trend, extending its decline to revisit the previous day’s lows at around 64,400. However, buyers stepped in and effectively maintained support at this level once again. The market index then traded within a specific range for the remainder of the…
Karachi, December 12, 2023: Bank Alfalah, one of the largest commercial banks in Pakistan signed an agreement with Karandaaz to expand the female agent network in Pakistan. This partnership was signed in the presence of Karandaaz Chairperson Salim Raza, Bank Alfalah President and CEO Atif Bajwa, Karandaaz CEO Waqas ul Hasan, Group Head Digital Banking…
Islamabad, December 08, 2023 : Pakistan’s weekly inflation, measured by the Sensitive Price Indicator (SPI), rose by 1.16% for the week ending November 23, according to data from the Pakistan Bureau of Statistics (PBS) released on Friday. As per PBS data, the combined index reached 311.78, up from 308.2 on November 30, 2023, and significantly…
OGDCL, a prominent state-owned exploration and production company in Pakistan, makes a significant discovery of gas and condensate at Dars West Well 02 in Tando Allahyar District, Sindh. On Friday, the company communicated this development through a filing to the Pakistan Stock Exchange (PSX). According to the filing, the Joint Venture of Dars West Development…