MCB profits surge 14pc to Rs16.29bn

The Board of Directors of MCB Bank Limited met under the Chairmanship of Mian Mohammad Mansha on Thursday to review the performance...

Bears return as KSE-100 sheds 382 points 

KARACHI: Optimistic sentiments at the Pakistan Stock Exchange (PSX) proved to be short-lived as the indices dragged the index below the 34,000 mark...

PTCL posts double-digit growth in net revenue

Pakistan Telecommunication Company Limited (PTCL) on Wednesday announced its financial results for the first nine months of 2019. PTCL's revenue for the nine...

KSE-100 gains 197 points as Pakistan escapes FATF blacklist

KARACHI: Positive sentiments returned to the Pakistan Stock Exchange (PSX) on Wednesday following media reports that Pakistan has not been placed on...

HBL’s profit climbs to Rs8.4bn in Q3 2019

HBL on Tuesday declared a profit before tax of Rs8.4 billion in the third quarter of 2019, more than double over the...

KSE-100 down 102 points as investors await FATF outcome

KARACHI: Bearish trend prevailed at the Pakistan Stock Exchange (PSX) on Tuesday, as the investors remained anxious ahead of the Financial Action...

China wants centralised digital currency after bitcoin crackdown

BEIJING: As Facebook readies to launch its answer to bitcoin, China is set to introduce its own digital currency -- one that could...

KSE-100 fails to sustain gains, loses 289 points

KARACHI: The Pakistan Stock Exchange (PSX), which opened positively on Monday, failed to sustain its gains in the second half and closed the...

Baqir seeks to enhance women’s role in financial services

State Bank of Pakistan (SBP) Governor Dr Reza Baqir has stressed the need for commercial banks to simplify the banking system for...

Stocks extends rally, KSE-100 closes 447 points higher

KARACHI: Bulls controlled the Pakistan Stock Exchange (PSX) once again on Friday, as the indices remained in the green zone throughout the session...

Bulls dominate as KSE-100 surges 503 points

KARACHI: Bulls dominated the Pakistan Stock Exchange (PSX) on Thursday, as the indices drove north for almost the entire session, helping the KSE-100...

KSE-100 ends flat amid volatility

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a volatile session on Wednesday, as bulls and bears locked horns, particularly in the...

ADB to provide $2.7bn to Pakistan in 2019

KARACHI: The Asian Development Bank (ADB) on Wednesday announced that it will provide $2.7 billion in approved financing to Pakistan during the outgoing...

Omer Ismail makes it to Fortune’s most influential under 40 list

Omer Ismail, a Pakistani finance professional, has been named in Fortune's Most Influential Under 40 List for 2019. The 39-year-old is the only...

KSE-100 slips 160 points as seven-day winning streak ends

KARACHI: Putting an end to its seven-day winning streak, the Pakistan Stock Exchange (PSX) landed in the red zone on Tuesday. During the last...