Agha Steel IPO oversubscribed by 1.63 times
The book-building phase of the Initial Public Offer (IPO) of Agha Steel concluded on Wednesday with investors oversubscribing it by as much as 1.63...
Cabinet approves Rs100bn youth loan programme
Briefing the media about cabinet decisions here, Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan said the cabinet held a thorough discussion on education policy and the new Rs100 billion youth loan programme.
Sindh unveils Rs1.1 trillion budget
he province will run a deficit of Rs20.4 billion in 2018-19, although budget documents indicate a likely increase of 16.2 per cent in its total receipts.
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.
IMC annual sales increase by 25pc with 64,000 units sold in FY2018
LAHORE:Â The Indus Motor Company (IMC) held its analyst briefing today to discuss its financial year 2018 result, key challenges, and outlook of the business.
Gross...
Prospect of Fed cut pushing dividend investors into tech, energy
NEW YORK:Â An expected interest rate cut by the Federal Reserve later this month is pushing yield-oriented US fund managers further afield in search of...
Asad Umar meets ADB VP, reviews ongoing projects
ISLAMABAD:Â Finance Minister Asad Umar received the visiting Asian Development Bank (ADB) Vice President, Wencai Zhang for a meeting here Thursday.
They had a brief review...
KSE-100 closes flat in range-bound trading
KARACHI: The Pakistan Stock Exchange (PSX) failed to carry forward its positive momentum and ended a range-bound session on Tuesday flat.
Foreign investors closed the...
Standard Chartered earns Rs8.8bn profit before tax revenue in 1Q2020
The Standard Chartered Bank (Pakistan) earned profit before tax of Rs8.8 billion in the first quarter of 2020 that is 30 per cent higher...
Market Daily: Cements, E&Ps push KSE 100 by 400 points
LAHORE: The Pakistan Stock Exchange (PSX) had a lazy start to the week with narrow volumes. With lawmakers playing the number game as they...
FBR meets PSO leadership, discuss tax compliance and revenue generation
ISLAMABAD:Â As part of the Federal Board of Revenue's (FBR's) taxpayers outreach programme aimed at acknowledging the contribution of taxpayers and offering them further help...
CPEC ‘curtailment’ under stricter IMF programme, warns Fitch
ISLAMABAD: The US pressure could lead to ‘stricter’ conditions by the International Monetary Fund (IMF) to bail out Pakistan, including curtailment of China-Pakistan Economic...
Digitalisation to help achieve economic growth target of 6 pc this year: Sindh governor
KARACHI: Pakistan has done a massive job at deploying digital technology which significantly supports the acceleration of economic growth to the set target of...
Pakistan to receive $1.4billion IMF in coming week: Sanchez
ISLAMABAD: Resident Representative of International Monetary Funds (IMF) in Pakistan Maria Teresa Daban Sanchez has that Pakistan would receive $ 1.4 billion through Rapid...
Car sales up by 21pc in July-June 2017-18
KARACHI: Total car sales have gone up by 21 per cent in the last fiscal year with 216,786 units sold as compared to 185,781...
