PSX stays bullish, gains 753 more points By: Agencies on October 9, 2024The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday, gaining 753.68 more points, a positive change of 0.89 percent, reaching 85,663.98 points against 84,910.30 points on the last trading day. A total of 506, 565, 368 shares were traded during the day as compared to 449,507,635 shares the previous trading […]
Rupee sheds 3 paisa against dollar By: APP on October 9, 2024Pakistani rupee on Tuesday depreciated by 3 paisa against the US dollar in the interbank trading and closed at Rs277.67 against the previous day’s closing of Rs277.64. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs278.25 and Rs279.75 respectively. The […]
Gold-Rates Gold rates dip by Rs. 1,000 per tola to Rs 274,700 By: APP on October 9, 2024The per tola price of 24 karat gold decreased by Rs.1, 000 and was sold at Rs.274,700 on Tuesday compared to its sale at Rs. 275,700 on last trading day. The price of 10 grams of 24 karat gold also decreased by Rs. 857 to Rs. 235, 511 from Rs. 236,368 whereas the price of […]
Engro Fertilizers launches UgAi By: Agencies on October 9, 2024Engro Fertilizers has launched “UgAi”, the first integrated agri e-commerce platform of Pakistan, to offer farmers relief by enabling direct purchase of fertilizers at official prices from the Company. In the first phase, the free UgAi app has been launched for farmers in Sindh, with plans for a nationwide rollout in the near future. With […]
PEDO pursues 18 MW power license By: APP on October 9, 2024Pakhunkhwa Energy Development Organization (PEDO) has submitted an application to power regulator for grant of bulk electric power supply licence for its 18 MW Pehur Hydel Power plant located in District Swabi. The Pehur Hydel Power Plant having 18 MW generation capacity has planned to supply electricity to the industrial consumers located at Gadoon Amazi […]
FPCCI praises Indonesia trade expo By: APP on October 9, 2024The Federation Pakistan Chambers of Commerce and Industry (FPCCI) and the business community on Tuesday hailed the ’39th Trade Expo held in Indonesia (Jakarta), a significant forum for promoting economic and trade integration amongst the world economies, including Pakistan. Around 116 countries, including Pakistan, will participate in the 4-day 39th Indonesia Convention Exhibition, which will […]
LCCI welcomes govt moves to lower energy costs By: APP on October 9, 2024The Lahore Chamber of Commerce and Industry (LCCI) Tuesday appreciated the government’s proactive measures to review annual agreements with IPPs (Independent Power Producers) aimed at bringing down per unit electricity cost. “This initiative is seen as a crucial response to the long-standing demand of the Lahore Chamber of Commerce and Industry regarding high cost of […]
Three tons of Pakistani pine nuts arrive in China By: inp on October 9, 2024A fully-loaded SF Airlines freighter carrying 3 tons of “Pakistani gems” pine nuts imported from western Pakistan arrived at Ezhou Huahu International Airport via the “Ezhou-Lahore” international cargo route. After clearing customs, these fresh, high-quality pine nuts were dispatched from Ezhou to Yiwu and then distributed throughout China, Gwadar Pro reported on Tuesday. The smoothly […]
Farmers advised to plant wheat from Oct 15 By: APP on October 9, 2024The agriculture scientists advised wheat growers to prepare their lands to commence wheat cultivation from mid of October for obtaining a bumper yield. A spokesman for the Agriculture (Extension) Department said on Tuesday that in arid areas, farmers should start wheat cultivation from October 15 and complete it up to November 15 by using seed […]
PSX crosses another milestone, reaches historic level of 84,910.30 points By: Agencies on October 8, 2024Positive sentiments prevail over the 100-Index of the Pakistan Stock Exchange (PSX) as it continued with bullish trend on Monday, gaining 1,378.34 more points, a positive change of 1.65 percent, reaching all time high level of 84,910.30 points against 83,531.96 points on the last trading day. A total of 449,507,635 shares were traded during the […]