Supernet limited first IT company enlisted on GEM board of PSX By: APP on May 10, 2022ISLAMABAD: Since its inception in 2020, Pakistan Stock Exchange’s (PSX) Growth Enterprise Market (GEM) Board is progressively gaining traction and now proudly lists the third growth enterprise on the Stock Exchange, Supernet Limited (SL). The GEM Board is a listing platform created to facilitate growth enterprises, whether small, medium or greenfield businesses, for their […]
Foreign exchange rates By: APP on March 25, 2022KARACHI: The Exchange Rates Committee of the Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Friday. CONVERSION RATES FOR 25TH MARCH 2022 FOR FOREIGN CURRENCY FOR FORWARDING COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE MARCH 29, 2022 USD 181.7152 GBP […]
PSX sheds 777 points By: APP on March 18, 2022ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Friday, losing 777.26 points, with a negative change of 1.77 percent, closing at 43,029.97 points against 43,807.23 points on the last working day. A total of 180,438,013 shares were traded during the day compared to the trade of 148,505,513 shares the […]
Asian markets bounce as Hong Kong tech sees bargain-buying By: APP on March 16, 2022 Asian markets bounce as Hong Kong tech sees bargain-buying Hong Kong, Asian markets saw a much-needed bounce Wednesday as Hong Kong’s tech giants led a rally in the city after their recent rout, while oil prices rose back above $100 but remain pressured by concerns over demand from China. However, while the gains […]
PSX stays bullish for third consecutive day, gains 444 points By: APP on February 2, 2022The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with the bullish trend for a third consecutive day on Wednesday, gaining 444.65 points, a positive change of 0.97 points, closing at 46,119.15 points against 45,674.50 points on the last working day. A total of 360,805,181 shares, valuing Rs10.939, were traded during the day compared […]
Bitcoin receives 6.1% drop to $47,607 By: Web Desk on December 29, 2021On Tuesday, bitcoin fell 6.13 percent to $47,606.92, a loss of $3,111.19 from its previous close. Bitcoin, the world’s most popular cryptocurrency, is down 31% from its year-high of $69,000 on November 10. On Tuesday, Ether, the cryptocurrency linked to the Ethereum blockchain network, fell 5.57 percent to $3,812.6, a loss of $224.8 from its […]
Dubai World Trade Centre to serve as regulator for virtual assets and crypto currency By: Web Desk on December 20, 2021According to the official WAM news agency, the Dubai World Trade Centre (DWTC) would become a comprehensive zone and regulator for virtual assets and crypto, comprising digital assets, products, operators, and exchanges. The Dubai World Trade Centre will provide a full environment for this forward-thinking industry in the city. The Dubai World Trade Centre will […]
Bitcoin increases 2.1% points to recover $50,000 By: Web Desk on December 13, 2021On Sunday, Bitcoin climbed to recapture levels above $50,000. At 18.03 GMT on Sunday, the world’s largest and most well-known cryptocurrency rose 2.11 percent to $50,445.34, up $1,044.80 from its previous close. Bitcoin is up 81.9 percent from its low of $27,734 on January 4 this year. On Sunday, Ether, the cryptocurrency tied to the […]
Price of Bitcoin increased by 5.5% to $53,436 By: Web Desk on December 4, 2021At 22:04 GMT on Friday, Bitcoin had dropped 5.5 percent to $53,435.9, a loss of $3,112.06 from its previous close. Bitcoin, the world’s most popular cryptocurrency, is down 22.6 percent from its year-high of $69,000 on November 10. On Friday, Ether, the digital currency tied to the Ethereum blockchain network, fell 6.81 percent to $4,208.68, […]
100-Index sheds 1,936 points, PSX bleeds By: Web Desk on December 2, 2021KARACHI: The Pakistan Stock Exchange (PSX) saw a bearish trend on Thursday, with the benchmark index losing 1,936 points during the trade. According to statistics, the KSE 100-index is currently trading at 43,433 points after dropping almost 1,900 points in early trading. In early activity in the interbank currency market, the Pakistani rupee, on the […]