Rupee down by another Rs4.6 against dollar in interbank market, hits Rs147

Ibrahim Moosa for Mettis Global told Profit, "The Pakistani rupee is expected to depreciate against the US dollar further and the market expectation is at around Rs147-148."

Market Daily: A glimmer of hope for investors at PSX, up 261.42 points

LAHORE: Driven by Thursday’s inertia, the KSE 100 index was off to a weak start at open and after falling to fresh lows the...

Oil refineries fear shutdown amid rising fuel oil stocks

Pakistan oil refineries have warned the Ministry of Energy that rising fuel oil inventories, driven by the government’s shift to LNG-based power generation, could...

PSX witnesses bearish trends as IMF talks remain inconclusive

The KSE-100 index closed on Friday at 40,869 points, a decrease of 1.9% since the previous week. Market capitalisation decreased from $61.46 billion to...

Is biotechnology the future of agriculture in Pakistan?

Due to the adoption of hybrid maize seeds by farmers, average yields of maize across Punjab have increased from 14 maunds per acre...

Investors await financial assistance, remain undeterred by EM Review  

The Pakistan Stock Exchange closed the week at 41,661 points, increasing (+0.66 per cent) from the previous week. The average daily turnover saw an...

Confused sentiments at PSX as index drops 1.4pc in week

The benchmark KSE-100 index closed on the last trading day of the week at 41,388.88 points, with an increase of +21.5 (+0.05 per cent)...

Pakistan’s inflation rate ringing alarm bells amid financial turmoil

The inflation rate in Pakistan has always been on the high side since the last couple of years. The average Pakistani has been in...

Financial sector remains resilient despite tightening of macro-financial conditions: report

State Bank of Pakistan’s (SBP) annual publication Financial Stability Review (FSR) suggests that the level of overall risks to financial stability, as measured by Financial Vulnerability Index, has bottomed out in the calendar year 2017.

Market Daily: KSE-100 flat WoW amid profit-taking

During the week, foreigners remained net sellers to the tune of $14.6 million as against net selling of $0.4 million seen during the same period last week.

Foreign reserves plunge to four-year low after 4.4 per cent drop

Foreign currency reserves held by SBP were recorded at $9,063.6 million, down $415.9 million

Market Daily: Ongoing rally sees KSE-100 rake in 2,130 points 

The Pakistan Stock Exchange (PSX) continued its winning streak as the equity market stretched Wednesday’s rally, gaining 898 points (2.19 per cent) to close the day at 41,796.

Market Daily: KSE-100 gains 964.92 points, market sentiments turn green

The KSE 100 touched an intraday high of 40,968.69 after gathering 964.92 points the index finally ended the day at 40,897.90.

Election 2018: Political parties release specific plans for CPEC

ISLAMABAD: With the General Election 2018 around the corner, almost all major political parties have come up with their respective election manifestos featuring their...

Analysts blame political uncertainty, investigation against bank heads for market crash

The KSE-100 index was down by 995.66 points on Monday, July 9 as uncertainty prevailed in the market as heads of three banks face investigation in the Supreme Court (SC) coupled with the general political unrest post-SC’s Friday's verdict sentencing the former prime minister Nawaz Sharif.

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Pakistanis should expect substantial decrease in salaries in 2020

The people of Pakistan are the only nation in the Asia-Pacific who will record a substantial decrease in salaries made next year on the...

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Jordanian ambassador for cementing trade ties with Pakistan

ISLAMABAD: Ambassador of Jordan Ibrahim Yala Mohammad Almadani on Wednesday said that his country enjoyed good political and defence relations with Pakistan and urged...