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KSE-100 index breaches 72,000, creates new all-time high


April 24, 2024

Bulls returned to the trading floor at the Pakistan Stock Exchange (PSX) as shares climbed more than 700 points on Wednesday to breach the key 72,000 level for the first time. The benchmark KSE-100 index gained 827.36, or 1.16 per cent, to stand at 72,186.76 at 12:21pm from the previous close of 71,359.40 points. Mohammed Sohail, chief executive of Topline …

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KSE-100 index breaches 71,000, closes at record high


April 22, 2024

Pakistan Stock Exchange’s benchmark KSE-100 index closed at a record high of 71,465 points, up 0.8 per cent, after breaching the key 71,000 level on Monday. The KSE-100 index gained 631.86, or 0.89 per cent, to stand at 71,541.76 points at 11:38am from the previous close of 70,909.90. The index closed at 71,433.46 points, up by 523.56 points or 0.74pc, …

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Bitcoin zooms to record near $72,000


March 12, 2024

Bitcoin raced to an all-time peak close to $72,000 on Monday as the world’s most popular cryptocurrency won further support on greater trading accessibility and dollar weakness. The virtual unit struck $71,829 as dealers also eyed an upcoming industry event that will tighten bitcoin supplies. Monday’s spurt extended last week’s record-breaking run when the currency bulldozed its way past the previous November …

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Bitcoin eyes $60,000


February 29, 2024

Bitcoin surged for a fifth day on Wednesday to near $60,000, buoyed by flows into new US spot bitcoin exchange traded products that have driven it up nearly 40% in February, which would mark its largest monthly rally since December 2020. Bitcoin was last up 4.5% at $59,244, its highest since November 2021. Traders have poured into bitcoin ahead of …

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Dallas schools superintendent salary bumped to $375,000


January 12, 2024

Dallas schools Superintendent Stephanie Elizalde will receive a contract extension and a $37,000 salary bump that makes her pay more competitive with other top administrators in the state. A copy of the amended agreement, provided to, shows Elizalde’s new base salary will be $375,000 and extends her leadership of Texas’ second-largest district through 2028. The DISD school board voted to …

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Bitcoin price tops $45,000


January 3, 2024

SINGAPORE: Bitcoin galloped past $45,000 on Tuesday, for the first time since April 2022, as the world’s biggest cryptocurrency started the new year with a bang, buoyed by optimism around the possible approval of exchange-traded spot bitcoin funds. Bitcoin touched a 21-month peak of $45,922, having gained 156 per cent last year in its strongest yearly performance since 2020. It …

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Another comms blackout as Gaza toll nears 21,000


December 27, 2023

GAZA: Internet and telephone services were cut again across the war-torn Gaza Strip on Tues­day, as the death toll from Israel’s relentless bombing campaign neared the 21,000-mark. But despite immense pressure from the international community, Isr­aeli PM Benjamin Netan­yahu doubled down on his resolve to continue the war on Gaza. Separately, his def­ence minister raised many eye­brows when he claimed …

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Govt unveils Haj Policy 2024, slashing cost by Rs100,000


November 17, 2023

ISLAMABAD: The caretaker Minister for Religious Affairs, Dr Aneeq Ahmed, unveiled the Haj Policy 2024 on Thursday, saying that for the first time in Pakistan’s history, the upcoming Haj will be less expensive than the previous one. The government has also introduced a short package for 20 days, which will cost around Rs80,000 more than the normal Haj package. Saudi …

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