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Gold hits record high in line with global trend
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An employee places ingots of 99.99 percent pure gold in a workroom at the Novosibirsk precious metals refining and manufacturing plant in the Siberian city of Novosibirsk, Russia, September 15, 2023. — Reuters KARACHI: Gold prices reached an all-time high…
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Gold hits record high at Rs263,700/tola | The Express Tribune
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KARACHI: Gold prices in Pakistan soared to a new record high of Rs263,700 per tola (11.66 grams) on Saturday, marking a fresh increase of Rs1,700, according to the All Pakistan Sarafa Gems and Jewellers Association. The metal pricing body reported…
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Sovereign Wealth Fund hits legal snags | The Express Tribune
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ISLAMABAD: Pakistan’s plans to sell stakes of its profitable energy companies to the United Arab Emirates (UAE) through the Pakistan Sovereign Wealth Fund (PSWF) have hit snags, as the government admitted on Tuesday that there was a lot of confusion…
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PSX hits fresh peak on IMF deal | The Express Tribune
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Pakistan Stock Exchange (PSX) skyrocketed to an all-time high on Monday in a robust rally driven primarily by Pakistan’s agreement with the International Monetary Fund (IMF) on a $7 billion Extended Fund Facility (EFF) at the weekend as well as…
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PSX hits historic milestone, closes above 80,000 points for first time | The Express Tribune
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The Pakistan Stock Exchange (PSX) achieved a historic milestone on Wednesday as the KSE-100 index closed at 80,233.67 points, marking the first time it has ended a session above the 80,000 mark. This significant surge follows a continued bullish trend,…
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Petroleum demand hits 18-year low | The Express Tribune
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KARACHI: Despite the demand for petroleum oil products hitting an 18-year low at 15.3 million tonnes in the fiscal year 2023-24, which ended on June 30, the government is estimated to have collected an outstanding Rs1 trillion in petroleum development…
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PSX hits historic high, surpasses 78,000 milestone | The Express Tribune
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The Pakistan Stock Exchange (PSX) surged to an all-time high on Thursday as the KSE-100 Index gained over 1.93 percent, reaching 78,213 points at 11:30 am. This rise marked a significant increase from the previous 76,706.77 points last week. The…
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Pakistan’s CPI inflation hits 17.3% in April — lowest since May 2022
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Women check rice prices at a main wholesale market in Karachi. — AFP/File Pakistan’s Consumer Price Index (CPI) based inflation rate came in at 23-month low of 17.3% year-on-year in April, latest numbers released by Pakistan Bureau of Statistics (PBS)…
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PSX hits all-time high of 72,051 points on economic hopes
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Stockbrokers monitor the latest share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on December 2, 2022. — APP KARACHI: Pakistan stocks hit another record high by surpassing the 72,000 point mark as investors cheered…
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C/A surplus hits 9-year high | The Express Tribune
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KARACHI: Pakistan’s current account balance made history by hitting a nine-year high surplus of $619 million in March 2024. This reduced the cumulative current account deficit to $508 million in the first nine months of the fiscal year 2023-24. The…
