Japanese stocks closed higher on Wednesday, driven by gains in tech heavyweights both in Tokyo and on Wall Street. The benchmark Nikkei 225 Stock Average increased by 88.65 points, or 0.23%, to close at 38,570.76. Meanwhile, the broader Topix index rose by 12.88 points, or 0.47%, finishing the day at 2,728.64.
(more…)Category: Stock & Commodity
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Capital Gains Tax on Disposal of Securities Increased
In a significant fiscal policy shift, the Finance Bill 2024 has proposed an increase in the capital gains tax (CGT) on the disposal of securities. Effective for securities acquired on or after July 1, 2024, the tax rate for gains realized by individuals appearing on the Active Taxpayers’ List (ATL) at both the time of acquisition and disposal will be set at 15 percent. This development marks a substantial change aimed at enhancing revenue collection from the financial sector.
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Gold and Silver Prices in Pakistan on June 19, 2024
The latest prices for gold and silver in Pakistan, as of 4:45 AM on June 19, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
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Tokyo Stocks Close Higher, Tracking Gains in US Markets
Tokyo stocks closed higher on Tuesday, following gains in the overnight U.S. stock market, although profit-taking limited the rise in later trading. The benchmark Nikkei 225 index of Tokyo stocks ended the day up 379.67 points, or 1 percent, closing at 38,482.11.
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Gold and Silver Prices in Pakistan on June 18, 2024
The latest prices for gold and silver in Pakistan, as of 7:05 AM on June 18, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
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Tokyo Stocks Plunge Amid European Political Concerns
Tokyo, June 17, 2024 — Tokyo stocks closed sharply lower on Monday, driven by investor concerns over political instability in Europe and potential economic slowdown in the United States. Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock
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Gold and Silver Prices in Pakistan on June 17, 2024
The latest prices for gold and silver in Pakistan, as of 12:50 AM on June 17, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
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Gold and Silver Prices in Pakistan on June 16, 2024
The latest prices for gold and silver in Pakistan, as of 1:00 AM on June 16, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
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Gold Prices Dip in Pakistan on Documented Transactions Drive
Karachi, June 15, 2024 – Gold prices in Pakistan witnessed a decline of Rs 200 per tola on Saturday, amid growing anticipation of a government crackdown aimed at mandating documentation for all gold transactions.
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Pakistan Stocks to Observe Two Trading Sessions Next Week
Karachi, June 15, 2024 –Pakistan stocks will observe only two trading sessions next week, starting June 17, 2024, due to public holidays announced for Eid-ul-Adha.
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