Karachi: The KSE-100 index demonstrated bullish momentum by closing sharply higher, despite experiencing volatility during Tuesday’s trading session. The benchmark index recorded an intraday high of 2,979 points and a low of 73 points before settling …
Karachi: The KSE-100 index sustained its bullish trajectory, marking the best nine-month performance since 2009. The Pakistan Stock Exchange (PSX) closed at 168,990 points, reflecting a 4% increase week-on-week. The banking sector played a pivotal rol…
Karachi: The Exchange Companies Association of Pakistan (ECAP) released its open market closing exchange rates for October 3, 2025, indicating a stable trend in the value of major foreign currencies against the Pakistani rupee. The buying and selling …
Karachi: The Karachi Interbank Offered Rate (KIBOR) showed slight variations across different tenors according to the latest data released by the State Bank of Pakistan. The rates, which are used as a benchmark for lending, reflect the cost of borrowi…
Karachi: BankIslami and the National Clearing Company of Pakistan Limited (NCCPL) have entered into a strategic partnership aimed at enhancing the presence of Islamic finance within the country’s capital markets. The agreement, formalized through a Me…
KARACHI: The State Bank of Pakistan has announced the latest weighted average customer exchange rates, reflecting the ongoing dynamics in the currency market. These rates, which serve as a benchmark for financial transactions, provide insights into th…