Category: Business

Gold

Gold Surges to Four-Week High on Middle East Conflict

Investors flock to safe-haven assets as US-Israel-Iran conflict escalates Gold prices surged to their highest in over four weeks on Tuesday, marking a fifth consecutive session of gains, as investors sought refuge in safe-haven assets amid escalating Middle East tensions. Spot gold rose 1% to $5,377.21 per ounce in early Asian trading, extending Monday’s gains […]
Rice

Pakistan Faces $2 Billion Rice Stockpile Amid Export Slowdown

Policymakers express concern as Pakistani rice loses competitiveness against India in international markets ISLAMABAD: Pakistan’s rice sector is under pressure as exports declined sharply during the first half of the current fiscal year, coinciding with a nearly 50 percent drop in global rice prices, officials told the National Assembly Standing Committee on Commerce. During a […]
Pakistan

Pakistan Stock Exchange Falls 2,400 Points in Early Trading

KSE-100 opens sharply lower as investor caution and foreign selling weigh on market KARACHI: Pakistan’s benchmark stock index, the KSE-100, tumbled 2,383.82 points during early trading on Tuesday amid heightened market volatility. The index fluctuated between 165,185.08 and 169,237.51 points before noon, signaling strong intraday swings. Among the most active stocks, Hascol Petroleum Limited led […]
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