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...
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:Â Ongoing rally sees KSE-100 rake in 2,130 pointsÂ
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...
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.
PTI highly likely to form federal govt, says Topline Securities
Pakistan KSE-100 index to go as high as 48,000 in case of PTI led government. While the index may go up to 50,000 if PML-N leads.
Rupee drops to record low of 125 against dollar
The rupee further depreciated against the US dollar falling down to an all-time low of 125 against the greenback in the open market on Wednesday
Oil and gas reserves to end after 10 years, reveals petroleum division
ISLAMABAD: Senate Standing Committee on Petroleum was informed on Thursday that the country’s existing oil reserves will see an end only after 10 years...
Market Daily: Indices fail to maintain positive momentum
After gaining around 66 points during the session market eventually slipped in the red zone, where it lost around 325 points intraday to close at an index level of 42,536 points, down 236 points from Wednesday’s close.
Pakistan’s growth backed by China’s A1 stable ratings, says Moody’s
Moody’s has reaffirmed Pakistan’s credit profile as B3 stable, while it boasts GDP growth of 5.8 per cent against 3.8 per cent amongst its peers.
Market Daily: KSE 100 continues to bleed, sheds 431.55pts
The market continued to fall for the 5th consecutive session as the market lost 1 per cent on Thursday or 432 points as trading activity slowed down.
Audit team unlikely to submit report on tobacco MNCs before PAC on 23 May
ISLAMABAD: The Auditor General of Pakistan (AGP) is not likely to conclude the special audit of international tobacco companies operating in the...