Article:
The Pakistan Stock Exchange (PSX) 100-Index has recorded a significant increase of 1837 points amidst business activities, reaching a high of 1,55,803 points. The index touched a low of 1,55,291 points and a high of 1,55,927 points during the trading session. Last week, on Thursday, the 100-Index closed at 1,52,740 points.
It is worth noting that on the previous day, the 100-Index closed at 1,53,966 points. On the other hand, the interbank dollar rate has decreased by one rupee to 279.21 rupees. The interbank dollar rate closed at 279.22 rupees on the previous day. Following Prime Minister Shehbaz Sharif’s directives, the scope of the Roze Digital Account has been expanded. The Karachi Port has gained attention due to the crisis in the Middle East. Karachi Port has handled more than the entire previous year’s transshipment in just 24 days of this month.
The global market price of gold has decreased by $10 to reach $4,445 per ounce. The 100-Index closed at 1,52,907 points on the previous day. In the early part of this month, a federal arts commission approved the final design of a 24-karat gold commemorative coin featuring a portrait of Trump. Convener of the LPG Committee, Ali Haider, said that marketing companies and distributors are also contributing to the price hike in Pakistan’s exchange markets. After increasing, the prices of gold have decreased in Pakistan’s exchange markets.
According to experts, the tension in the Middle East and the situation in the Strait of Hormuz are directly affecting the global energy market. Non-resident Pakistanis, as well as foreign legal institutions, will be able to open these accounts. President of the All Pakistan Small Traders and Cottage Industries, Mahmood Hamid, has said that the price of petrol should not be increased. The Ministry of Finance has taken a significant step to protect the public from the impact of the increase in petroleum product prices.
COSCO, a major Chinese shipping company, has reopened bookings for shipments from some Gulf countries after a three-week suspension. The global market price of gold has increased by $152 to reach $4,565 per ounce. The global market price of gold has increased by $163 to reach $4,413 per ounce. Students followed a professor to his campus, and a video showed a student kicking the professor with his shoes, while other students were seen attacking him. Former Pakistan cricket captain and commentator Shoaib Malik shared an interesting story about spinner Usman Tahir playing his first match.
The Iranian embassy has identified a fake account on social media spreading false statements. An Afghan political refugee, a 12-year-old girl, was convicted of kidnapping and raping her. The Central Contract Committee has decided to issue a show-cause notice to national cricketer Naseem Shah for violating the Central Contract.
