Gold Price Surge Drives Pakistani Asset Markets
The gold price per tola has surged in Pakistan, gaining Rs2,200. This increase is reflected in the prices of various assets listed on the stock exchange. Among them, BOP saw an increase of 1.28% with a new price of 36.46. Other notable increases include OGDC at 319.19 (+0.70 or 0.22%), TRG at 63.29 (+0.92 or 1.48%), and TPL at 20.68 (+0.34 or 1.67%).
On the other hand, some assets experienced decreases in price. These include BML at 5.29 (-0.02 or -0.38%), BOP's rival BOP saw a decrease of -1.99% with a new price of 60.01, and PIBTL at 16.84 (-0.06 or -0.36%).
Other notable price movements include BECO at 7.74 (+0.05 or +0.65%), CNERGY at 11.94 (+0.69 or +6.13%), FFL at 16.58 (+0.07 or +0.42%), KEL at 7.32 (-0.10 or -1.35%), and TBL at 9.86 (-0.02 or -0.2%).