Oil prices were little changed on Friday following sharp declines in the previous session, with prospects dimming for a near-term end to the U.S.-Israeli war with Iran after the Hezbollah militia rejected a new ceasefire in Lebanon. Brent crude futures fell 21 cents, or 0.22%, to $95.24 a barrel by 0003 GMT after settling down 2.84% in the previous session. US West Texas Intermediate crud
Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs467,816 after a decline of Rs1,469 during the day. Similarly, 10-gram gold was sold at Rs401,012 after it fell by Rs1,323, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per t
Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs467,816 after a decline of Rs1,469 during the day. Similarly, 10-gram gold was sold at Rs401,012 after it fell by Rs1,323, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per t
Buying returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining nearly 1,000 points during the opening minutes of trading on Thursday. At 9:45am, the benchmark index was hovering at 171,181.56, up by 990.92 points or 0.58%. Buying was observed in key sectors, including automobile assemblers, cement, commercial banks, fertilizer, oil and gas exploration companie
Leading economists have challenged the government’s provisional GDP growth estimate of 3.70 percent for the outgoing fiscal year 2025-26, arguing that the figure is overstated and likely to be revised downward once the entire year’s data is available. Former finance minister Dr Hafeez Pasha told Business Recorder that the government’s provisional growth estimate ‘is exaggerated’ and that the ec