PSX registers second highest single-day gain on December 24, 2024The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 4,411.27 more points, a positive change of 4.03 percent, closing at 113,924.42 points as compared to 109,513.15 points on the last trading day. A total of 857,834,976 shares were traded during the day as compared to 754,917,969 shares the previous trading […]
SCCI president highlights CPEC as a game-changer for Pakistan on December 24, 2024President Sarhad Chamber of Commerce and Industry (SCCI), Fazal Moqeem Khan has termed the China-Pakistan Economic Corridor (CPEC) a game-changer for the economic and social development of Pakistan. Emphasizing its importance, he urged the government to allocate all necessary resources for the successful implementation of the project. Fazal Moqeem Khan expressed these views during his […]
Rupee sheds 15 paisa against dollar on December 24, 2024The Pakistani rupee on Monday depreciated by 15 paisa against the US dollar in the interbank trading and closed at Rs 278.56 against the previous day’s closing of Rs 278.41. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 278.10 […]
Gold prices remain unchanged at Rs273,400 per tola on December 24, 2024The price of 24 karat per tola gold remained unchanged at Rs 273,400 on Monday, All Sindh Sarafa Jewellers Association reported. The price of 10 grams of 24 karat gold and 10 gram 22 karat gold also witnessed no change and were traded at Rs 234,396 and Rs 214,863 respectively. The prices of per tola […]
SECP reasserts compliance by listed firms to publish gender pay gap data on December 24, 2024The Securities and Exchange Commission of Pakistan (SECP) has announced that despite extensive advocacy and engagement, the annual accounts of listed companies revealed very limited adherence to the gender pay gap disclosure requirements. SECP through Circular 10 of 2024 in April this year directed the board of directors of listed companies to disclose gender pay […]
Commerce minister, Kenya’s envoy explore new horizons in trade ties on December 24, 2024Federal Minister for Commerce, Jam Kamal Khan, and the Kenyan High Commissioner met Monday to explore new horizons in trade and regional cooperation. The discussions centered on leveraging Pakistan’s strategic location to serve as a gateway between Central Asia and the East African Community (EAC), with both sides expressing a strong commitment to deepening economic […]
Honda and Nissan to officially enter merger talks on December 24, 2024Japanese auto giant Honda and its struggling rival Nissan agreed Monday to launch talks on a merger seen as a bid to catch up with Chinese rivals and Tesla on electric vehicles. Their collaboration would create the world’s third largest automaker, expanding development of EVs and self-driving tech. But Honda’s CEO insisted that it was […]
Banks to remain closed tomorrow on December 24, 2024The State Bank of Pakistan (SBP) has announced a bank holiday on December 25 (Wednesday) on the occasions of Quaid-e-Azam Day and Christmas. According to the notification issued here Monday, SBP offices, public/private banks and financial institutions will remain closed on Wednesday as declared by the government of Pakistan. SBP offices, public/private banks and financial […]
PM Shehbaz, Naqvi hail Men in Green on historic ODI series win against Proteas on December 24, 2024Prime Minister Muhammad Shehbaz Sharif has felicitated the Men in Green on historic clean sweep in the ODI series against South Africa. Paying glowing tribute to the Men’s cricket team here on Monday, the premier said that Pakistan Men’s cricket team was the first in the world to clean sweep South Africa in a three-match […]
‘Devastated’ Australian tennis star Purcell provisionally suspended for doping on December 24, 2024Two-time Grand Slam doubles champion Max Purcell said Monday he was “devastated” after taking a voluntary suspension for breaking anti-doping rules. The Australian, who is ranked 12th in the world for doubles, admitted to breaching regulations relating to the use of a “prohibited method”. The International Tennis Integrity Agency (ITIA) said he “requested to enter […]