Business
PSX sets positive tone for December with strong 1,384-point gain | The Express Tribune
The Pakistan Stock Exchange welcomed both the first trading day of December and the first session of the new week with a confident rebound. Despite starting the morning under pressure, the market staged a swift recovery as investor sentiment steadied and trading activity strengthened, setting a positive tone for the weeks ahead.
Fresh buying flowed into key sectors right from the start. Automobile assemblers, cement producers, commercial banks, fertiliser companies, as well as oil & gas exploration and marketing firms all enjoyed renewed interest, lending depth and direction to the broader market.
Adding to the upbeat atmosphere, Pakistan’s core inflation for November 2025 recorded a mild cooling, slipping to 6.15% from 6.24% the previous month. This development was interpreted by investors as a welcome sign of stabilising price pressures as the year draws to a close.
In essence, the PSX set the tone for the new month and week, reflecting broad-based buying, steadier sentiment, and a supportive macro backdrop, laying the groundwork for a potentially constructive December.
The benchmark index eventually sailed through a wide intra-day range, touching a high of 168,246.23 and a low of 166,024.80, with a significant jump of 1,384.50 points, or 0.83%, before settling at 168,062.19.
KTrade Securities observed that the PSX continued its strong run, with the KSE-100 index gaining 1,384 points (+0.83%) to close at 168,062. The rally was broad-based, led by energy, power, cement, and technology sectors. Heavyweights such as Hub Power, Oil and Gas Development Company, Lucky Cement, Mari Energies, MCB Bank, and Pakistan Telecommunication Company drove most of the upside, keeping momentum intact.
Market activity remained strong, with All-Share volumes hitting 733 million. Looking ahead, sentiment remained upbeat, with the IMF board meeting on December 8 and the expected tranche release serving as key catalysts, while regional geopolitical changes may influence short-term flows, according to KTrade.
Overall trading volume jumped to 735.5 million shares from the previous session’s close of 592.7 million. The value of traded stocks stood at Rs46.1 billion. Shares of 484 companies were traded. Of these, 278 closed higher, 162 fell, and 44 remained unchanged. First National Equities led the chart with 70 million shares traded, rising Rs1.68 to close at Rs18.51.
The government on Thursday kept petrol and high-speed diesel (HSD) prices unchanged at Rs253.17 per litre and Rs257.08 per litre respectively, for the coming fortnight, starting from January 16.
This decision was notified in a press release issued by the Petroleum Division.
Earlier, it was expected that the prices of all petroleum products would go down by up to Rs4.50 per litre (over 1pc each) today in view of variation in the international market.
Petrol is primarily used in private transport, small vehicles, rickshaws, and two-wheelers, and directly impacts the budgets of the middle and lower-middle classes.
Meanwhile, most of the transport sector runs on HSD. Its price is considered inflationary, as it is mostly used in heavy transport vehicles, trains, and agricultural engines such as trucks, buses, tractors, tube wells, and threshers, and particularly adds to the prices of vegetables and other eatables.
The government is currently charging about Rs100 per litre on petrol and about Rs97 per litre on diesel.
Business
Gold price today: How much 22K, 24K gold cost in Delhi, Patna & other cities – Check rates – The Times of India
Gold prices climbed to a fresh lifetime high in the domestic market on Thursday amid sustained buying by jewellers and stockists, according to the All India Sarafa Association.Gold advanced by Rs 800 to hit a new peak of Rs 1,47,300 per 10 grams (inclusive of all taxes), extending gains for the fifth consecutive session. The yellow metal had closed at Rs 1,46,500 per 10 grams in the previous session.Since the start of 2026, gold prices have surged Rs 9,600, or around 7 per cent, supported by persistent demand in the physical market. In overseas trade, spot gold slipped USD 12.22, or 0.26 per cent, to USD 4,614.45 per ounce, after having touched a record high of USD 4,643.06 per ounce in the previous session.Here is how much gold costs in major Indian cities today:
Gold price in Delhi today
The price of 22K gold in Delhi is Rs 13,140 per gram, down Rs 75, while 24K gold is priced at Rs 14,333 per gram, lower by Rs 82.
Gold price in Chennai today
In Chennai, 22K gold costs Rs 13,290 per gram, up Rs 10, while 24K gold is priced at Rs 14,498 per gram, higher by Rs 10.
Gold price in Mumbai today
Mumbai markets see 22K gold priced at Rs 13,125 per gram, down Rs 75, while 24K gold stands at Rs 14,318 per gram, lower by Rs 82.
Gold price in Ahmedabad today
In Ahmedabad, 22K gold is priced at Rs 13,130 per gram, down Rs 75, while 24K gold costs Rs 14,323 per gram, lower by Rs 82.
Gold price in Kolkata today
Kolkata markets price 22K gold at Rs 13,125 per gram, down Rs 75, while 24K gold stands at Rs 14,318 per gram, lower by Rs 82.
Gold price in Jaipur today
In Jaipur, 22K gold costs Rs 13,140 per gram, down Rs 75, while 24K gold is priced at Rs 14,333 per gram, lower by Rs 82.
Gold price in Hyderabad today
Hyderabad sees 22K gold at Rs 13,125 per gram, down Rs 75, while 24K gold is priced at Rs 14,318 per gram, lower by Rs 82.
Gold price in Bhubaneswar today
Bhubaneswar markets see 22K gold priced at Rs 13,125 per gram, down Rs 75, while 24K gold costs Rs 14,318 per gram, lower by Rs 82.
Gold price in Patna today
In Patna, 22K gold costs Rs 13,130 per gram, down Rs 75, while 24K gold is priced at Rs 14,323 per gram, lower by Rs 82.
Gold price in Lucknow today
Lucknow markets see 22K gold priced at Rs 13,140 per gram, down Rs 75, while 24K gold costs Rs 14,333 per gram, lower by Rs 82.
One of Britain’s most prolific rail fare dodgers could face jail after admitting dozens of travel offences.
Charles Brohiri, 29, pleaded guilty to travelling without buying a ticket a total of 112 times over a two-year period, Westminster Magistrates’ Court heard.
He could be ordered to pay more than £18,000 in unpaid fares and legal costs, the court was told.
He will be sentenced next month.
District Judge Nina Tempia warned Brohiri “could face a custodial sentence because of the number of offences he has committed”.
He pleaded guilty to 76 offences on Thursday.
It came after he was convicted in his absence of 36 charges at a previous hearing.
During Thursday’s hearing, Judge Tempia dismissed a bid by Brohiri’s lawyers to have the 36 convictions overturned.
They had argued the prosecutions were unlawful because they had not been brought by a qualified legal professional.
But Judge Tempia rejected the argument, saying there had been “no abuse of this court’s process”.
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