Stocks kicked off the final week of the year with a bang, with the benchmark KSE-100 Index crossing the 174,000 level during the opening hours of Monday’s session. Strong momentum was observed during the day, pushing the benchmark KSE-100 Index to an intra-day high of 174,411.72. At 11:30am, the benchmark index was hovering at 173,669.86, an increase of 1,269.13 points or 0.74%. Buying in
Asian stocks were at six-week highs on Monday, while the dollar hovered near its lowest in almost three months on expectations of the Federal Reserve cutting interest rates next year, which have also sparked a fierce rally in precious metals. Silver climbed above the $80-per-ounce-mark for the first time before sliding sharply lower in volatile trading on Monday, while platinum and palladium al
The Businessmen Panel of the Federation of Pakistan Chambers of Commerce & Industry has issued a stark warning over the sharp decline in Pakistan’s exports, criticizing government policies for failing to support domestic industries and exporters. Former president of the Federation of Pakistan Chambers of Commerce & Industry and Chairman of the Businessmen Panel, Mian Anjum Nisar said here on Su
Russia has almost doubled exports of liquefied petroleum gas in the January - November period to ex-Soviet republics in Central Asia and Afghanistan to 1.016 million metric tons, industry sources told Reuters on Friday. Moscow has had to divert supplies of LPG, or propane and butane, from Europe, which introduced restrictions on LPG imports from Russia in December 2024 over the war in Ukraine.
Precious metals pulled back on Monday, with silver trading near the $80 per ounce mark after hitting a record high earlier in the day and gold easing from near record highs, on profit-booking and geopolitical tailwinds cooling safe-haven demand. Spot gold was down 0.4% at $4,512.30 per ounce, as of 0426 GMT, after hitting a record high of $4,549.71 on Friday. US gold futures for February del