KSE-100 remains flat amid volatile trading

KARACHI: The Pakistan Stock Exchange (PSX) remained flat after a volatile trading session on Monday. Foreign investors closed the previous week as net...

Current Account deficit to reach $15-16 billion this year: MoF

ISLAMABAD: With a whopping increase by $4 billion, the current account deficit in this financial year is feared to reach $15 to...

PSX closes fourth consecutive session in red

KARACHI: The Pakistan Stock Exchange (PSX) continued with its losing streak for the fourth consecutive session on Thursday, as the indices that opened...

KSE-100 closes 125 points higher amid volatile trading

KARACHI: Investors of the Pakistan Stock Exchange (PSX) endured a volatile trading session on Monday, as the indices kept oscillating in both directions...

KSE-100 gains 252 points amid volatile trading

ISLAMABAD: It was a short but eventful session at the Pakistan Stock Exchange (PSX) on Friday, as the indices swung in both directions...

Govt should end Super Tax in budget 2018-19: OICCI

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) have demanded that the government put an end to the Super Tax in...

Current account deficit surges 50pc to $10.8bn: SBP

KARACHI: The current account deficit in the first eight months of 2017-18 amounted to $10.8 billion, up 50 per cent from a...

SECP prescribes risk management, control guidelines for fund management industry

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has prescribed risk management and control guidelines for Asset Management Companies (AMCs). The...

China says plots to disrupt ties with Pakistan will fail

BEIJING: Any plots to sow discord in China’s ties with Pakistan will not prevail, the Chinese government’s top diplomat said on Tuesday,...

Creditor starts legal proceedings for Abraaj restructuring

Auctus is the second creditor, after Kuwait’s Public Institution for Social Security (PIFSS), to start legal action in the Cayman Islands, where Abraaj Holdings is registered

Govt’s debt situation laid bare by Economic Affairs Division

PTI government takes no commercial loans during August 2019 ISLAMABAD: The Pakistan government’s debt situation was laid bare by the release of data...

PSX records 339 points gain amid high turnover

KARACHI: After a slow start to the day, the Pakistan Stock Exchange (PSX) was back on track to end the session on Thursday...

FBR finds about 10,000 people involved in tax evasion, money laundering

ISLAMABAD: The Federal Board of Revenue (FBR) has found about 10,000 people  allegedly involved in tax evasion and money laundering. The bureau is...

MSCI Pakistan promotion to result in more cash inflows says: WSJ

NEW YORK - Index provider Morgan Stanley Capital International’s (MSCI) recent reclassification of Pakistan as an emerging market from frontier market status...

Apple hits $1 trillion stock market valuation

SAN FRANCISCO: Apple became the first $1 trillion publicly listed US company Thursday, crowning a decade-long rise fueled by the ubiquitous iPhone...