Category: 3. Business
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PSX rebounds with bulls gaining over 800 points amidst optimism
Following three consecutive sessions of subdued performance, bullish sentiment returned to the Pakistan Stock Exchange (PSX) as shares surged by over 800 points during intraday trade. The benchmark KSE-100 index witnessed a notable gain of 831.65 points, or 1.18%, reaching 71,489.29 points at 11:35 am, marking a significant rise from the previous close of 70,657.64.…
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PSX rebounds with bulls gaining over 800 points
Following three consecutive sessions of subdued performance, bullish sentiment returned to the Pakistan Stock Exchange (PSX) as shares surged by over 800 points during intraday trade. The benchmark KSE-100 index witnessed a notable gain of 831.65 points, or 1.18%, reaching 71,489.29 points at 11:35 am, marking a significant rise from the previous close of 70,657.64.…
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Jam Kamal highlights deep-rooted friendship between Pakistan, Australia
ISLAMABAD, May 3 (APP): Minister for Commerce Jam Kamal Khan on Friday highlighted the deep-rooted friendly relations between Pakistan and Australia, which spanned over political, economic, and defence sectors.He was speaking as a chief guest at a ceremony held to celebrate ‘Australia Day in Spring’ to mark the enduring ties between the two nations, a…
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LPG price ‘slashed’ by Rs20 per kg
QUETTA: The prices of liquefied petroleum gas (LPG) have been slashed by Rs 20 per kilogram in Quetta, ARY News reported citing market sources. According to sources, the LPG rates are reduced by Rs 20 taking the price from Rs 280 to Rs 260 per kilogram. Its worth mentioning here that the LPG prices dropped…
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Euro zone yields headed for weekly fall after Powell comments, await US data – Markets
Euro zone yields dropped on Friday ahead of US jobs data and were headed for a weekly fall after Federal Reserve Chair Jerome Powell suggested interest rate cuts remained on the table, soothing fears of a possible hike by the US central bank. Meanwhile, European Central Bank policymaker Yannis Stournaras, seen as a dove, backed…
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Gold rates in Pakistan today; May 3 2024
ISLAMABAD: The per tola rate of 24 karat gold decreased by Rs 1,400 and was sold at Rs 239,600 on Friday compared to its sale at Rs 241,000 on last trading day, ARY News reported. The price of 10 grams of 24 karat gold also decreased by Rs 1,201 to Rs 205,418 from Rs 206,619…
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Ranbir Kapoor raves about Mahira Khan’s beauty
MUMBAI – Bollywood’s Ranbir Kapoor spoke highly of Mahira Khan, renowned for her performances in acclaimed Pakistani movies like “The Legend of Maula Jutt” “Superstar” “Bin Roye” and “Bol”. A circulating video clip captures Ranbir Kapoor, known for his roles in films such as ‘Animal,’ expressing admiration for Mahira Khan’s beauty. When prompted by the……
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Suzuki GD 110s 2024 Latest Price in Pakistan
Suzuki GD 110s 2024 Latest Price in Pakistan – May Update The rising popularity of the Suzuki GD 110S, an entry-level model known for its style and affordability,. The Suzuki GD 110S features a powerful yet fuel-efficient 110-cc engine, suitable for city and highway riding. Its sleek exterior design and aerodynamic features enhance both aesthetics…
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Sales of petroleum products fall by 6% in April – Markets
Sale of total petroleum products in Pakistan clocked in at 1.1 million tons in April, a decline of 6% year-on-year as compared to 1.17 million tons in the same period of the previous year, showed data released by brokerage house Topline Securities on Friday. This is the “lowest after six months,” said the brokerage house,…
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Kitchen items’ prices ease as weekly inflation falls by 1%
ISLAMABAD, May 3 (APP): The weekly inflation measured by the Sensitive Price Indicator (SPI), witnessed a decrease of one per cent for the combined consumption groups during the week ended on May 02, the Pakistan Bureau of Statistics (PBS) reported on Friday. According to the PBS data, the SPI for the week under review in…