UBL issues clarification against its president being placed on ECL
KARACHI: Recently, a false impression has been created in certain sections of the media that the President and CEO of UBL has been placed...
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.
KSE-100 gains another 603 points as rally continues
KARACHI: Stocks rallied on the first trading session of the week, as the indices continued to accumulate gains amid increased market participation. Foreign investors...
KSE-100 ends losing streak, closes 280 points higher
KARACHI: The Pakistan Stock Exchange (PSX) ended its losing run on Wednesday as the indices went north post noon. Foreign investors closed as net...
Pandemic to bring Asia’s 2020 growth to halt for first time in 60 years: IMF
TOKYO: Asia's economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an...
SECP registers 1,070 companies in September
The massive increase in the incorporation of new companies is the result of the SECP’s reforms to enhance the process of new company registration.
Pakistan third largest beneficiary of IsDB financing
ISLAMABAD: Islamic Development Bank (IsDB) President Dr. Bandar Hajjar on Sunday said that Pakistan is the third largest beneficiary of IsDB financing in different developmental...
Market Daily: KSE 100 closes red on weak corporate results
LAHORE: Pakistani equities continued to extend losses for third straight session after the disqualification of Foreign Minister Khawaja Asif which will be a major blow...
SBP’s foreign exchange reserves fell by $3.9b since October 2016
Karachi: According to data available, the foreign exchange reserves held by the State Bank of Pakistan (SBP) are said to have fallen by around...
Bullish momentum prevails as index closes 322 points higher
KARACHI: Extending the rally from the previous session, the Pakistan Stock Exchange (PSX) closed on Thursday with decent gains.
Foreign investors turned once again closed the...
SECP intensifies efforts against terror financing
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has intensified its efforts to combat terror financing and money laundering. On the directives of...
Euro slips as trade war fears lead investors to shun risk; yuan slides
The euro fell on Wednesday as concern about an escalating trade conflict boosted the dollar and the yen, while the Chinese yuan slumped to a six-month low.
Trade optimism, earnings power Wall Street to fresh record high
Wall Street's main indexes hit fresh record highs on Friday, led by gains in technology stocks as upbeat comments related to US-China trade talks...
With pandemic abating, Naspers backs Bykea in $13mn Series-B round
ISLAMABAD: What do you do when you are a startup and you have survived a ruthless pandemic? If you are Bykea, you raise $10...
Bank Al-Habib expands into Kenya, opens representative office
LAHORE: Bank Al-Habib Ltd in an attempt to tap into the multibillion-dollar international transaction business in its first investment in Africa, has been granted the...
