Market unshaken despite external woes, gains 13pc QoQ
LAHORE: Despite depleting foreign exchange reserves, Pakistan equities continued its positive trajectory for third consecutive week, gaining 530 points (+1.2 per cent)...
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.
Surging unemployment amongst soaring inflationÂ
Writing for Dawn, author Mohiuddin Aazim explains that the recent increase in fuel oil and gas prices is devastating for the majority...
Argentina to pay for Chinese imports in yuan rather than dollars
Argentina will start to pay for Chinese imports in yuan rather than dollars, the government announced Wednesday, a measure that aims to...
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...
Fuel cost adjustment hearing: power, but no power lines?
NTDC under fire for failure in laying transmission line to evacuate electricity from Thar coal-based power plants
Staff level agreement with IMF still awaited
IMF looks forward to obtain necessary financing assurances to pave way for completion of 9th EFF review
Wall Street prepares for Treasuries mess as default looms
Anxiety is increasing in parts of Wall Street that rely on Treasury securities to function, with some traders starting to avoid U.S....
Market Daily: KSE 100 settles at 43539.60 points, up 176.39
LAHORE: In a narrowly traded session, bulls came out as winners. The Pakistan Stock Exchange (PSX) saw no excitement from investors at...
Liftoff: Modi’s space push for India counts on private players
Encouraged by high-profile successes elsewhere, India wants its private space companies to increase their share of the global launch market by fivefold...
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
Govt depending on non-tax revenue, borrowing to generate surplus budget: APBF
LAHORE: The All Pakistan Business Forum (APBF) has asked the government to take immediate measures as Pakistan’s medium-term debt repayment capacity has...
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.
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.
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.