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20/06/2024

Gold prices remained unchanged in Pakistan on Thursday.
~ Local gold price per tola: Rs 241,300 (10 grams: Rs 206,876).
~ International gold price increased to $2,335 per ounce.
~ Silver prices remained stable at Rs 2,750 per tola.
~ Gold reached an all-time high of Rs 252,200 per tola in April.

Gold prices remained unchanged in Pakistan on Thursday, despite an uptick in the international rate. In the local...

20/06/2024

Pakistani stock market is at a record high.

- The KSE-100 index rose 2,094.76 points, closing at 78,801.53.
- This was the fourth largest single-day increase in KSE-100 history.
- The positive sentiment is due to hope for a long-term agreement with the IMF.

Benchmark index has been on winning run since the budget announcement, closes at 78,802 after 2.81% gain on Thursday

29/05/2024

PSX Falls Below 75,000 amid Anticipated Fiscal Measures in Upcoming Budget

- Pakistan Stock Exchange (PSX) witnessed a bearish trend on Wednesday.
- The benchmark KSE-100 index plunged below the 75,000 mark.
- The market opened positively but soon turned negative.
- The index settled at 74,836.30, down 681.19 points or 0.90% from the previous close.
- Selling pressure was attributed to anticipated fiscal measures in the 2024-25 budget.

20/08/2020

The cut-off yield for three-year PIBs stood at 8.2000 percent at which the government borrowed Rs16.6 billion.

Through the five-year bonds, the government raised Rs187 billion at the cut-off yield of 8.4500 percent.

Meanwhile, an amount of Rs55 billion was fetched for 10 years PIBs at a yield of 8.9900 percent.

KARACHI: The government on Wednesday raised Rs38.84 billion through an auction of a fixed rate Pakistan Investment Bonds to help finance the budget deficit.The fetched amount was lower than the...

04/07/2020

Defense Saving Certificate New Profit Rates 2 July 20

04/07/2020

Special certificate New Profit rate july 20 Defense Saving Certificate New Profit Rates 02-Jul-20 https://www.youtube.com/watch?v=BOMNQ4cPnII&t=130s

04/07/2020

Saving Certificate New Profit Rates 02-Jul-2020

Special certificate New Profit rate july 20 Defense Saving Certificate New Profit Rates 02-Jul-20 https://www.youtube.com/watch?v=BOMNQ4cPnII&t=130s

30/06/2020

An emergency fund is an account that's earmarked for spending on urgent, unplanned situations only. It's intended to be used only for worst-case-scenarios.

Emergency funds are normally held in savings accounts or highly liquid securities, though they can also be held in checking accounts. It's important that they are at least held in a liquid account so that it can be accessed quickly.

23/05/2020

May 21, 2020
The cut-off yield for 3-month bids was at 8.14pc, down from 8.38pc. The yield for 6-month bids was at 7.8pc, down from 7.9pc, while the yield for 12-month bids stood at 7.74pc, down from 7.75pc.

KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs167.3 billion through T-bills, against the auction target of Rs325 billion. The SBP conducted the auction for the sale of 3-month, 6-month and 12-month Government of Pakistan Market Treasury Bills (MTBs) and received...