PSX sheds 403 points amid low turnover

Market participation decreased by 33pc, from 54.20m shares in the previous session to 36.49m shares KARACHI: The Pakistan Stock Exchange (PSX) witnessed a...

Govt urged to take stakeholders on board for EDI protocols

-- Council suggests comprehensive review of import valuations to stem misuse and under-invoicing Pakistan Business Council (PBC) has urged the government that protocols...

Gilgit Baltistan and Azad Jammu Kashmir’s share of development budget increased

In a National Economic Council meeting presided over by the Prime Minister Nawaz Sharif on Friday, the share of development budget for...

Miftah chairs monetary and fiscal policy coordination meeting

ISLAMABAD: The Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr Miftah Ismail Chaired the meeting of Monetary and Fiscal Policies...

Sales tax refund process will begin this month: Miftah

KARACHI: Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Miftah Ismail, has said sales tax refund process will be started...

Trump says no hurry to sign China deal as trade war escalates

WASHINGTON/BEIJING: US President Donald Trump said on Friday he was in no hurry to sign a trade deal with China as Washington imposed...

Market Daily: PSX off to a positive start as market gains 157 points

LAHORE: The Pakistan Stock Exchange (PSX) started the week on a positive note. The indices moved uphill from the word go and...

PSO seeks Rs 60 billion from the govt to clear the loan obtained for controlling the circular debt

ISLAMABAD: Financially starved Pakistan State Oil (PSO) has sought Rs 60 billion from the ministries of finance and power to clears the...

1.2Bcf LNG being imported to plug deficit, Senate told

ISLAMABAD: Energy Minister Omar Ayub Khan on Friday informed the Senate that the government was importing around 1.2 billion cubic feet (Bcf)...

Stark economic indicators could dent growth target of 6 percent

ISLAMABAD: Pakistan may be unable to attain its target of 6 percent growth during FY 2017-18, as eight months data of commodities...

Liquidity crunch impacting textile sector exports, says PTEA chairman

Pakistan Textile Exporters Association (PTEA) Chairman Ajmal Farooq speaking on Monday said that textile exporters remain deprived of liquidity as a major...

Dollar reserves of commercial banks exhibit 24 percent rise

KARACHI: Data available from State Bank of Pakistan for last 13 months till end of January 2018 revealed reserves held by commercial...

KSE-100 ends in green after volatile session

KARACHI: Investors at the Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Wednesday, with the benchmark KSE-100 Index managing to...

Stocks extend losses amid lack of triggers

Despite a good start, KSE-100 settles lower by 100 points at 33,438.94

Qatar’s tourism sector reeling under boycott pressure

Doha: A boycott imposed by four Arab nations that accuse Qatar of supporting terrorism is squeezing the tourism sector and Doha’s hotels,...