Livestock sector contributes 14pc in GDP on June 13, 2022Livestock sector of Punjab has done remarkably well during last fiscal year with 14pc contribution to the gross domestic product (GDP). Recent economic survey and shared the satisfactory performance of the livestock sector. Livestock was contributing to approximately 61.9pc of agriculture value added and 14pc to the GDP. Animal husbandry was the most significant economic […]
European markets close day in red on June 13, 2022Major European markets closed Wednesday in negative territory, except for Spain, which registered a slight rise. The STOXX Europe 600, which includes around 90pc of the market capitalization of the European market in 17 countries, lost 2.51 points, or 0.57pc, to end the day at 440.37. The UK’s FTSE 100 index was down 5.93, or […]
Gold price declines by Rs500 to Rs140,400 per tola on June 11, 2022The price of 24 karat per tola gold witnessed decrease of Rs500 per tola and was sold at Rs140,400 on Friday against its sale at Rs140,900 the previous day in the local market. The price of 10-gram 24 karat and 22 karat gold also decreased by Rs430 and was sold at Rs120,370 as compared to […]
Rupee sheds Rs1.59 against dollar on June 11, 2022Exchange rate of Pak Rupee weakened by Rs1.59 against the USD in the interbank trading on Friday and closed at Rs202.35 against the previous day’s closing of Rs200.76. According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs200.6 and Rs202.6 respectively. The […]
Oil prices retreat from 3-month highs on June 11, 2022Oil prices fell on Thursday after hitting their highest levels in three months in the prior session. The West Texas Intermediate (WTI) for July delivery lost 60 cents, or 0.5pc, to settle at 121.51 USD a barrel on the New York Mercantile Exchange. Brent crude for August delivery decreased 51 cents, or 0.4pc, to close […]
PSX witness bullish trend, gains 278 points on June 11, 2022The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Friday, gaining 278.77 points, a positive change of 0.67pc, closing at 42,014.73 points against 41,735.96 points on the last working day. A total of 115,874,000 shares were traded during the day compared to the trade of 235,353,033 shares the previous day, whereas […]
Rupee gains 74 paisas against dollar on June 10, 2022Exchange rate of Pak Rupee strengthened by 74 paisas against the US Dollar in the interbank trading on Thursday and closed at Rs200.76 against the previous day’s closing of Rs201.5. According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs200.5 and Rs202.5 […]
PSX witness bullish trend, gains 182 points on June 10, 2022The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Thursday, gaining 182.80 points, a positive change of 0.44pc, closing at 41,735.96 points against 41,553.16 points on the last working day. A total of 235,353,033 shares were traded during the day compared to the trade of 151,126,094 shares the previous day, whereas […]
PSX witness bullish trend, gains 182 points on June 10, 2022The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Thursday, gaining 182.80 points, a positive change of 0.44pc, closing at 41,735.96 points against 41,553.16 points on the last working day. A total of 235,353,033 shares were traded during the day compared to the trade of 151,126,094 shares the previous day, whereas […]
Gold price declines by Rs850 to Rs142,400 per tola on June 9, 2022The price of 24 karat per tola gold witnessed decrease of Rs850 per tola and was sold at Rs142,400 on Wednesday against its sale at Rs143,250 the previous day in the local market. The price of 10-gram 24 karat and 22 karat gold also decreased by Rs729 and was sold at Rs122,085 as compared to […]