KSE-100 ends with 487-point gain amid low turnover

KARACHI: The Pakistan Stock Exchange (PSX) remained in the green zone throughout the session on Wednesday, with the indices registering decent gains...

Market Daily: KSE 100 drops 117.91 points, settles at 45,488.86

LAHORE: The Pakistan Stock Exchange (PSX) opened the first trading session after the announcement of the Budget 2019 on a positive note....

Cement industry capacity utilisation touches 99pc in January

ISLAMABAD: Domestic consumption of cement increased by a whopping 37.3 per cent in January 2018 on a year-on-year basis as the construction activities...

World Bank disbursed less than estimated loans to Pakistan

The country received $3.7 billion in loans from overseas commercial banks against a budgeted forecast of $1.5 billion. The loans were obtained from foreign commercial banks for a max duration of three years at an interest rate of LIBOR plus 3 percent

China says plots to disrupt ties with Pakistan will fail

China has pledged $57 billion to build power stations, major highways, new railways and high capacity ports along the China-Pakistan Economic Corridor

Govt to involve business community in next phases of CPEC

Minister says 60pc work on Hakla-D I Khan section has been completed, work on Sukkur-Hyderabad section will start in six to eight...

Bourse turns bullish over improved investor sentiment

KSE-100 gains 319 points on expectations of a further rate cut; construction of dams

KP govt to present ‘tax-free budget’ for next fiscal year: minister

PESHAWAR: Keeping in mind the economic devastation caused by the outbreak of Covid-19, the Khyber Pakhtunkhwa government has decided to pay more attention...

FBR put in the dock for blocking clearance of textile machinery

ISLAMABAD: The Senate Standing Committee on Commerce and Textile on Tuesday directed the Federal Board of Revenue (FBR) to explain reasons for...

Bearish spell continues as index sheds 102 points

KARACHI: Bearish spell extended at the Pakistan Stock Exchange (PSX) for one more session on Wednesday, as the indices dripped all day long...

Non-oil imports contract 20% YoY to $3.5b; the most in last nine years

On a month-on-month basis, non-oil imports fell by 3% from $3.3 billion in December last year to $3.5 billion last month

FPCCI forms committee to highlight budget anomalies

ISLAMABAD: Federation of Pakistan Chamber and Commerce and Industry (FPCCI) has constituted a high-level 17-member committee to highlight budget anomalies and address...

Cement exports plunge 7.48pc in 1HFY20

ISLAMABAD: The export of cement recorded 7.48 per cent decline during the first half of the current financial year as compared to...

PM’s aide expects Qatari investments in Pakistan soon

Qatar has evinced keen interest for investment in different sectors of Pakistan, Radio Pakistan reported on Monday. The interest was expressed by a...

PIA increases number of flights to Saudi Arabia

Pakistan International Airlines (PIA) has announced to increase the number of flights to Saudi Arabia, a private media outlet reported. In a statement...