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PSX extends losses for fourth consecutive day as KSE-100 Index falls by 150.52 points

KARACHI: The Pakistan Stock Exchange (PSX) extended its losing streak for a fourth consecutive trading day as its benchmark KSE-100 Index lost 150.52 points, a negative change of 0.10 percent.

The KSE-100 Index of the PSX closed at 147,343.51 points against 147,494.03 points on Wednesday, the last trading day.

The price of shares was Rs 33.515 billion, down from Rs 29.286 billion on the previous trading day, while a total of 935,466,958 shares were traded during the day, compared to 856,664,471 shares the day before.

Of the 474 firms that traded their shares on the stock exchange, 238 saw profits and 201 saw losses, while the share prices of 35 companies stayed the same.

Pace (Pak) Limited, with 71,482,279 shares at Rs 8.06 per share, Bank Makramah, with 66,004,498 shares at Rs 5.81 per share, and Pak Elektron, with 51,186,186 shares at Rs 46.83 per share, were the top three trading businesses.

Sazgar Engineering Works Limited came in second place with a price increase of Rs149.52 to Rs1,644.75, while Unilever Pakistan Foods Limited saw a maximum increase of Rs 757.14 per share, closing at Rs 33,077.14.

Sapphire Textile Mills Limited saw its share price drop by Rs61.37 to settle at Rs1,370.00, after PIA Holding Company LimitedB saw a greatest reduction of Rs377.99 per share, closing at Rs 26,622.01.

In contrast, 326 firms exchanged shares in the futures market, with 183 seeing gains and 138 experiencing losses. Five companies’ prices stayed the same.

August 28, 2025
UK Pound to Pakistani Rupee Rate Today- August 28, 2025

The exchange rate for the UK Pound (GBP) against the Pakistani Rupee (PKR) was recorded at PKR 381.7 in the open market as of Thursday, August 28, 2025.

On August 28, the buying rate stood at PKR 379.85, while the selling rate was PKR 381.7, with the latest update at 03:15 PST on the same day.

Variations in the GBP to PKR exchange rate, commonly referred to as the Pound rate, have a substantial impact on businesses, travellers, and individuals involved in cross-border financial transactions between the United Kingdom and Pakistan.

UK Pound to Pakistani Rupee- Latest Updates

Value of 1000 UK Pound (GBP) in PKR Today

As of August 28, 2025, with the current selling rate of 381.7 PKR per GBP, 1,000 UK Pounds (GBP to PKR) equate to approximately 381,700 Pakistani Rupees (PKR).

This exchange rate underscores the robust value of the GBP and its significant purchasing power within Pakistan’s local market.

In June 2025, remittances from the United Kingdom amounted to $537.6 million, positioning the UK as the third-largest source of remittances to Pakistan, following Saudi Arabia and the UAE. A favourable GBP to PKR exchange rate enhances the value of remittances in PKR, providing increased financial support to families in Pakistan and contributing to the nation’s economic stability.

Read More: Omani Rial to Pakistani rupee rate; August 28, 2025

Previous month’s Exchange Rate Trends

During July 2025, the highest pound rate recorded was ₨. 390.03 on July 01, while the lowest was ₨. 375.72 on July 30.

This fluctuation reflects market dynamics influenced by global economic conditions and local monetary policies. The average GBP to PKR rate hovered around ₨. 384.50, indicating a relatively strong UK Pound throughout the month.

These figures reflect open market rates, influenced by factors such as regional economic trends, remittance flows, and monetary policies.

NOTE: The information provided is intended solely for informational and estimation purposes. It should not be relied upon for trading decisions or financial advice. Before engaging in any transactions or investment activities, please verify exchange rates and pricing with your broker. This data does not constitute investment guidance, nor does it include recommendations regarding the purchase, sale, or holding of any securities or financial instruments.

August 28, 2025
Sony reveals PlayStation Plus Monthly games for September 2025

Sony has unveiled PlayStation Plus Monthly games lineup for September 2025, including a fan-favourite classic game.

The lineup for the upcoming month includes Psychonauts 2, Stardew Valley and Viewfinder.

All three games will be available to claim for PlayStation Plus members on September 2.

As per the PlayStation Plus Monthly games lineup for September 2025, Psychonauts 2 and Stardew Valley will be available for PS4, while Viewfinder will run on both PS4, PS5.

August’s offerings, including Lies of P, Day Z, and My Hero One’s Justice 2 will be available to players till September 1.

Psychonauts 2

The first game in the Plus Monthly games lineup for September 2025 is Psychonauts 2, a sequel to the classic 2005 platformer.

Stardew Valley

The title is considered a classic and one of the games that kick-started the modern cozy game push.

Read more: PlayStation Plus Monthly Games lineup for August revealed

PlayStation describes Stardew Valley as “You’ve inherited your grandfather’s old farm plot in Stardew Valley. Armed with hand-me-down tools and a few coins, you set out to begin your new life.”

Viewfinder

The third and final game in the Plus Monthly games lineup for September 2025 will have players, “Use an instant camera to challenge perception, redefine reality and reshape the world. View the world through a new lens in this charming and unique first-person puzzle adventure.”

The announcement about the lineup for the upcoming month comes just days after Sony hiked the price for PlayStation 5 in the United States of America by $50.

“Similar to many global businesses, we continue to navigate a challenging economic environment. As a result, we’ve made the difficult decision to increase the recommended retail price for PlayStation 5 consoles in the US starting on August 21,” the company said in a statement on August 20.

August 28, 2025
Omani Rial to Pakistani rupee rate; August 28, 2025

The exchange rate for the Omani Rial (OMR) against the Pakistani Rupee (PKR) was recorded at PKR 736.4 in the open market as of Thursday, August 28, 2025.

On August 28, the buying rate stood at PKR 733.9, while the selling rate was PKR 736.4, with the latest update at 03:15 PST on the same day.

Variations in the OMR to PKR exchange rate, commonly referred to as the Omani Rial, have a substantial impact on businesses, travellers, and individuals involved in cross-border financial transactions between the United Kingdom and Pakistan.

Omani Rial Rate- Latest Updates

Rates of 1000 Omani Rials (OMR)

As of August 28, 2025, with the current selling rate of 736.4 PKR per OMR, 1,000 Omani Rial (OMR to PKR) equate to approximately 736,400 Pakistani Rupees (PKR).

This exchange rate underscores the robust value of the Omani Rial and its significant purchasing power within Pakistan’s local market.

The exchange rate of the Omani Rial holds considerable importance for the approximately 360,000 Pakistani expatriates living in Oman, who are engaged in diverse employment and entrepreneurial activities.

This community includes individuals employed in both skilled and unskilled labour roles, as well as those managing small businesses or working in professional fields such as engineering and information technology.

The Pakistani diaspora in Oman is widely recognised for its strong work ethic and adaptability, contributing significantly to various sectors of the Omani economy.

Read More: Bitcoin (BTC) to Pakistani Rupee (PKR) Rates for August 28, 2025

Oman presents a range of opportunities for Pakistani emigrants due to its stable economy and high demand for foreign labour. The country’s favourable business climate and job market have attracted a substantial number of Pakistani workers.

The remittances sent back to Pakistan by these expatriates play a crucial role in supporting their families and significantly contribute to the Pakistani economy. A stable exchange rate is anticipated to promote smoother transactions, benefiting both Pakistani expatriates and their families back in Pakistan.

NOTE: The information provided is intended solely for informational and estimation purposes. It should not be relied upon for trading decisions or financial advice. Before engaging in any transactions or investment activities, please verify exchange rates and pricing with your broker. This data does not constitute investment guidance, nor does it include recommendations regarding the purchase, sale, or holding of any securities or financial instruments.

August 28, 2025
Bitcoin (BTC) to Pakistani Rupee (PKR) Rates for August 28, 2025

On Thursday, August 28, 2025, as of 3:35 PM Pakistan Standard Time (PST), the exchange rate for Bitcoin (BTC) in the open market stands at PKR 31,960,646.80, marking a rise from the previous day’s closing rate of PKR 31,666,691.29.

Cryptocurrency is changing the way we handle money around the world. It allows for transactions that are decentralised and can happen across borders, making it a good option for protecting against inflation. Among these digital assets, Bitcoin (BTC) is the most well-known and is often called “digital gold.” Its value comes from its limited supply, transparency through blockchain technology, and increasing support from big institutions.

What is Bitcoin?

Bitcoin was created in 2009 by someone using the name Satoshi Nakamoto. It started as a simple way to send money online, but has since grown into a very valuable asset worth trillions of dollars. It has even started to influence discussions about money management and innovation in finance.

In July 2025, Bitcoin showed significant price changes. The highest price for BTC was ₨. 34,247,028 on July 14, while the lowest was ₨. 30,002,789.55. This shows that it had a month of ups and downs, but overall, it was a positive month.

Read More: DOGE to PKR: Conversion Rate; August 28, 2025

Looking ahead, August 2025 forecasts suggest a steady climb in cryptocurrency, with analysts predicting BTC to PKR rates ranging between ₨32,000,000 and ₨34,000,000, supported by ETF inflows and declining exchange balances. Market sentiment remains cautiously optimistic, with expectations of a breakout if BTC surpasses key resistance levels.

Bitcoin (BTC) plays an increasingly vital role in shaping Pakistan’s economic landscape by offering innovative solutions to persistent financial challenges. As a decentralised digital currency, Bitcoin empowers millions of unbanked citizens with access to secure financial services through mobile wallets, promoting inclusion beyond traditional banking infrastructure.

NOTE: The information provided is intended solely for informational and estimation purposes. It should not be relied upon for trading decisions or financial advice. Before engaging in any transactions or investment activities, please verify exchange rates and pricing with your broker. This data does not constitute investment guidance, nor does it include recommendations regarding the purchase, sale, or holding of any securities or financial instruments.

August 28, 2025
DOGE to PKR: Conversion Rate; August 28, 2025

As of 3:35 PM Pakistan Standard Time (PKT) on Thursday, August 28, 2025, the open market exchange rate for Dogecoin (DOGE) is PKR 63.18, reflecting a rise from the prior day’s closing rate of PKR 62.03.

Likewise, the USD valuation of Dogecoin is $0.22, as same as recorded on August 27, 2025.

This upward movement in DOGE to PKR and a constant state in USD rates underscore the growing global momentum behind cryptocurrency adoption.

Digital assets like Dogecoin and Bitcoin are increasingly recognised for their decentralised architecture, reduced transaction costs, and capacity to foster financial inclusion.

In regions with limited access to conventional banking infrastructure, cryptocurrencies offer a viable alternative, empowering individuals through more accessible and efficient financial solutions.

In Pakistan, interest in crypto assets like Dogecoin (DOGE) and Bitcoin (BTC) is growing, with DOGE to PKR conversions becoming a frequent metric for gauging market sentiment.

Examples include Dogecoin (DOGE), Bitcoin, Ripple and many others, each with its own rules and use cases.

Read More: XRP to PKR: Conversion Rate; August 28, 2025

What is Dogecoin (DOGE)?

Dogecoin (DOGE) is a type of cryptocurrency, a digital form of money. It was launched in December 2013 by Jackson Palmer, an Australian software developer, and Billy Markus, a programmer from Portland, Oregon, as a fun idea during a casual chat.

Featuring the Shiba Inu dog from the “Doge” meme, it quickly evolved from a joke to a legitimate digital asset with a vibrant community and real-world use cases.

In July 2025, Dogecoin saw significant volatility, with its lowest rate recorded at ₨. 44.57 and the highest peaking at ₨. 81.43, indicating a strong bullish trend mid-month. Analysts attribute this surge to increased whale activity and speculation around a potential Dogecoin ETF approval.

NOTE: The information provided is intended solely for informational and estimation purposes. It should not be relied upon for trading decisions or financial advice. Prior to engaging in any transactions or investment activities, please verify exchange rates and pricing with your broker. This data does not constitute investment guidance, nor does it include recommendations regarding the purchase, sale, or holding of any securities or financial instruments.

August 28, 2025
XRP to PKR: Conversion Rate; August 28, 2025

As of 3:35 PM Pakistan Standard Time (PKT) on Monday, August 28, 2025, the open market exchange rate for Ripple (XRP) is PKR 850.52, reflecting a decline from the prior day’s closing rate of PKR 856.35.

Likewise, the USD valuation of Ripple has increased to $3.02, up from $2.96 recorded on August 27, 2025.

Digital assets like Ripple (XRP) and Bitcoin are increasingly recognised for their decentralised architecture, reduced transaction costs, and capacity to foster financial inclusion.

It offers an alternative to traditional banking systems, especially in regions with limited access to financial infrastructure.

In Pakistan, interest in crypto assets like Ripple (XRP) and Bitcoin (BTC) is growing, with XRP to PKR conversions becoming a frequent metric for gauging market sentiment.

Examples include Ripple (XRP), Bitcoin, Dogecoin and many others, each with its own rules and use cases.

Read More: Karachi faces looming flour crisis as prices soar

What is Ripple (XRP)?

Ripple (XRP), one of the most prominent names in the cryptocurrency space, continues to make headlines as July 2025 closes with notable market activity and investor speculation. Ripple’s journey began in 2004 when Canadian engineer Ryan Fugger launched RipplePay, a peer-to-peer financial network.

This platform is actively utilised by banks and other financial institutions. XRP serves as the primary currency within the Ripple network and is integrated into Ripple’s open-source framework, which is adopted by various financial organisations. Rather than competing with other cryptocurrencies, Ripple aims to enhance the traditional SWIFT infrastructure.

Furthermore, XRP tokens are not generated through mining; the total supply is limited to 100 billion XRP, with only a portion circulating in the market at any given time.

NOTE: The information provided is intended solely for informational and estimation purposes. It should not be relied upon for trading decisions or financial advice. Before engaging in any transactions or investment activities, please verify exchange rates and pricing with your broker. This data does not constitute investment guidance, nor does it include recommendations regarding the purchase, sale, or holding of any securities or financial instruments.

August 28, 2025
Trophy unveiled for Pakistan’s T20I tri-series with Afghanistan, UAE

SHARJAH: The trophy for the T20I tri-series involving UAE, Pakistan and Afghanistan was unveiled on Thursday at the Sharjah Cricket Stadium.

The Men in Green will take on Afghanistan in the opening game of the series on Friday, August 29.

The tri-series games will serve as a crucial preparatory event for all three teams ahead of the upcoming Asia Cup 2025.

The continental tournament is scheduled to take place in Abu Dhabi and Dubai from September 9 to September 28.

The tri-series will see each team facing the other two twice, before the top two face off in the final on Sunday, September 7.

While the Asia Cup 2025 will be held in Abu Dhabi and Dubai, the tri-series will have all its games played at the Sharjah Cricket Stadium.

Read more: Pakistan coach addresses drop in Shaheen Afridi’s pace

All-rounder Salman Agha will lead a 17-member Pakistan squad in the tri-series.

“This tri-series will greatly help us in our preparations for the Asia Cup 2025. I am very excited about it and I know it will be a challenging contest for which we are fully ready,” he said on the eve of the event.

Salman Agha added, “Leading the Pakistan team is not only an honour for me but also a great responsibility. The team is playing good cricket at the moment and I am hopeful we will continue to deliver strong performances in the matches ahead.”

Tri-series schedule:

August 29 – Afghanistan v Pakistan – 7pm local time

August 30 – UAE v Pakistan – 7pm local time

September 1 – UAE v Afghanistan – 7pm local time

September 2 – Pakistan v Afghanistan – 7pm local time

September 4 – Pakistan v UAE – 7pm local time

September 5 – Afghanistan v UAE – 7pm local time

September 7 – Final – 7pm local time

August 28, 2025
Viral Video: Rescue 1122 saves stranded puppies in Ravi River amid floods

LAHORE: Rescue 1122 personnel on Thursday saved three puppies stranded on a small islet in the Ravi River amid the ongoing floods, drawing wide praise after a video of the operation went viral on social media.

According to officials, the rescue operation was launched after citizens at the Saggian Ravi Bridge flood relief camp informed staff about unusual movement on an islet in the middle of the river. Rescue teams were immediately dispatched by boat to investigate.

“As seen in the video, the mound was barely above water,” said Punjab Rescue 1122 spokesperson Farooq Ahmed. “When our teams reached the spot, they found three puppies waiting to be rescued. The rescuers carefully lifted them onto the boat and brought them to safety before handing them over to nearby residents.”

He explained that this stretch of the Ravi River usually remains dry, which allows stray animals to inhabit the riverbed. “Only during heavy rains or when water is released from across the border this area gets flooded, trapping these animals,” he added.

The spokesperson said Rescue 1122 has deployed 650 boats across Punjab, rescuing more than 30,000 people on Thursday from flood-hit areas. He stressed that rescue and relief operations are continuing round the clock.

Social media users widely praised the effort, commending the dedication and compassion of the rescuers for saving the lives of the helpless animals.

Read More: Raging riverine flooding claims at least 25 lives in Punjab

Riverine flooding in Punjab has claimed at least 25 lives, as devastating floods caused by unusually heavy monsoon rains and upstream discharge of water by India in Chenab, Ravi and Sutlej rivers.

August 28, 2025
Taylor Swift, Travis Kelce’s wedding plans revealed

A day after pop megastar Taylor Swift and her beau, NFL star Travis Kelce, broke the exciting news of their engagement, their low-key wedding plans have also been spilt.

While Swifties have been looking forward to a royal wedding of Tay and Trav, who are finally engaged after two years of dating, they are in for a disappointment, as Grammy-winning singer Taylor Swift and Kansas City Chiefs tight-end Travis Kelce are planning for a rather ‘private’ and ‘casual’ ceremony.

Taylor Swift – News and Updates

Speaking to a foreign publication, a source close to the power couple revealed, “It [nuptials] will be more casual than people think.”

The insider also confirmed that it will probably be a ‘private’ affair with only family and close friends in attendance.

This comes less than a week after Swift and Kelce, both 35, announced their engagement in an Instagram post on Tuesday, August 26. “Your English teacher and your gym teacher are getting married,” the ‘Lover’ hitmaker wrote in the caption of the five-slide carousel post, featuring the pictures from their dreamy proposal.

Travis Kelce – News and Updates

Previously, Kelce launched his relationship with Swift on Instagram, while she made a special appearance on her beau and his brother Jason Kelce’s ‘New Heights’ podcast to announce her 12th studio album, ‘The Life of a Showgirl’.

August 28, 2025