Business
PSX ends subdued as KSE-100 slips 200 points amid cautious trade | The Express Tribune
Cautious stance of investors kept the benchmark confined, reflecting wait-and-see approach ahead of clearer triggers
Revision in CGT structure, increase in tax rates will hurt trading volumes on PSX. PHOTO: AFP
The Pakistan Stock Exchange wrapped up Monday’s session on a subdued note, with the benchmark KSE-100 index ending slightly in the red as investor sentiment remained cautious in the absence of strong triggers to drive a decisive move.
Trading activity stayed largely range-bound with the index touching a day’s high of 172,167 and a low of 170,859, indicating a lack of strong directional conviction. Participants appeared selective, opting for stock-specific positions rather than broad-based exposure.
Sector-wise performance was mixed throughout the session. While selling pressure was largely seen in the banking, fertiliser, energy, cement, and power sectors, certain stocks such as investment and food sectors managed to attract buying interest.
Overall, the cautious stance of investors kept the benchmark confined, reflecting a wait-and-see approach ahead of clearer triggers. Subsequently, the bourse closed at 171,204 points, down 200 points (0.12%), after fluctuating within a narrow intraday range and settled at 171,204.18.
In its market wrap, KTrade Securities observed that PSX began the rollover week on a subdued note, with range-bound trading and relatively low volumes in the regular counter. The KSE-100 index slipped by 200 points, -0.12% day-on-day (DoD) to close at 171,204.
Among big chips, selling pressure was observed in Habib Bank, United Bank, Fauji Fertiliser, Pakistan State Oil, Cherat Cement, and Hub Power, while selective support came from Lucky Cement, Engro Holdings, Fatima Fertiliser, and Rafhan Maize Products, it said.
Despite the marginal decline, market participation remained reasonable, with all-share volumes recorded at 682 million shares, indicating adequate liquidity and continued investor interest. Looking ahead, the broader market outlook remains constructive on the back of improving macroeconomic conditions following the State Bank of Pakistan’s (SBP) policy rate cut.
However, with rollover activity underway amid a shortened trading week, market participants are expected to remain cautious in the near term, KTrade predicted.
Overall trading volume decreased to 684.5million shares versus previous session’s tally of 797.5million. Vale of traded stocks stood at Rs30.1billion. Shares of 486 companies were traded. Of these, 143 jumped, 288 declines and 55 remained unchanged. K-Electric was the volume leader with trading in 112.7million shares, rising Rs0.25 to close at Rs6.10.
Business
JustEat and Autotrader among firms investigated in fake reviews probe
The UK’s competition watchdog says it is looking at five firms in its investigation into misleading online reviews.
Source link
Business
Gold price today (March 25, 2026): How much 24K and 22K gold cost in Delhi, Mumbai & more- Check rates – The Times of India
Gold futures traded higher on the Multi Commodity Exchange (MCX) on Friday with key contracts registering gains of up to 1.6 per cent amid firm buying interest and supportive global cues.The April 2026 gold contract rose by Rs 2,290, or 1.64 per cent, to trade at Rs 1,41,783 per 10 grams. The contract moved between an intraday low of Rs 1,40,287 and a high of Rs 1,42,800. The June 2026 contract, which saw higher trading activity, gained Rs 1,921, or 1.35 per cent, to Rs 1,44,435 per 10 grams. During the session, it touched a low of Rs 1,43,652 and a high of Rs 1,45,773. Meanwhile, the August 2026 contract advanced by Rs 1,480, or 1.02 per cent, to Rs 1,47,100 per 10 grams, with an intraday range of Rs 1,47,040 to Rs 1,48,600.Here is how gold prices stand across major cities today:
Gold price in Delhi today
Gold prices in the national capital declined, with 24K gold quoted at Rs 14,486 per gram, down Rs 218, while 22K gold slipped Rs 200 to Rs 13,280 per gram.
Gold price in Mumbai today
Mumbai bullion markets also saw a drop, with 24K gold priced at Rs 14,471 per gram, down Rs 218, and 22K gold at Rs 13,265 per gram, lower by Rs 200.
Gold price in Chennai today
Chennai recorded a sharper decline, with 24K gold selling at Rs 14,651 per gram, down Rs 262, while 22K gold dropped Rs 240 to Rs 13,430 per gram.
Gold price in Kolkata today
In Kolkata, 24K gold was quoted at Rs 14,471 per gram, down Rs 218, while 22K gold stood at Rs 13,265 per gram, lower by Rs 200.
Gold price in Hyderabad today
Hyderabad markets reflected a similar trend, with 24K gold priced at Rs 14,471 per gram, down Rs 218, and 22K gold at Rs 13,265 per gram, slipping Rs 200.
Gold price in Bangalore today
In Bangalore, 24K gold was quoted at Rs 14,471 per gram, down Rs 218, while 22K gold was selling at Rs 13,265 per gram, lower by Rs 200.
Gold price in Ahmedabad today
Ahmedabad bullion markets showed declines, with 24K gold at Rs 14,476 per gram, down Rs 218, while 22K gold fell Rs 200 to Rs 13,270 per gram.
Gold price in Lucknow today
In Lucknow, 24K gold was priced at Rs 14,486 per gram, down Rs 218, while 22K gold moved lower by Rs 200 to Rs 13,280 per gram.
Gold price in Patna today
Patna markets also recorded weaker rates, with 24K gold quoted at Rs 14,476 per gram, down Rs 218, and 22K gold at Rs 13,270 per gram, lower by Rs 200.
Gold price in Jaipur today
In Jaipur, 24K gold was quoted at Rs 14,486 per gram, down Rs 218, while 22K gold stood at Rs 13,280 per gram, down Rs 200.
Business
Consumer confidence hit by ‘ripple of fear’ over Iran war
A key survey indicates growing doubt among shoppers over prospects for the UK economy in the next year.
Source link
-
Entertainment1 week agoVal Kilmer revived 1 year after death through AI
-
Fashion1 week agoUS’ G-III Apparel’s FY26 sales fall 7% to $2.96 bn
-
Sports1 week agoMarch Madness 2026 – How to watch in SA, start time, schedule, TV channel for NCAA championship basketball tournament
-
Business1 week agoBrits cashing in jewellery as gold price hits record high
-
Fashion6 days agoChina’s textile & apparel exports surge 17% to $50 bn in Jan-Feb 2026
-
Business1 week agoVideo: The Effects of High Oil Prices
-
Business6 days agoFlipkart group CFO to leave co amid IPO plans – The Times of India
-
Sports7 days agoRating Adidas’ 2026 World Cup away shirts: Argentina, Spain, Mexico and more
