PSX plunges 816 points as IMF deal fails to trigger positivity

KARACHI: Trading at the Pakistan Stock Exchange (PSX) started on a bullish note on Monday amid the perception that the much-awaited announcement regarding...

PSX sheds another 171 points as investors await economic clarity

KARACHI: The Pakistan Stock Exchange (PSX) continued with its downward trend on Friday, as indices kept shedding gains amid thin turnover. Putting an...

Pakistan, IMF close to sealing $7-8bn loan agreement

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government and the International Monetary Fund (IMF) are likely to announce a staff-level agreement today (Friday), as the...

PSX sinks further amid economic uncertainty, sheds 596 points

KARACHI: Bears took charge of the Pakistan Stock Exchange (PSX) once again on Wednesday, as indices continued to sink further amid lack of...

Asad Umar to head NA’s finance committee

PM Imran Khan and FM Shah Mahmood Qureshi held separate meetings with Umar to convince him to rejoin the cabinet The...

PTI finalises a revamped version of PML-N’s youth loan scheme

ISLAMABAD: The Imran Khan led Pakistan Tehreek-e-Insaf (PTI) government has decided to launch a revamped version of the Prime Minister's youth loan scheme,...

PSX chief fails to justify his involvement in foreign wealth company

Richard Morin was issued a show-cause notice for breaching the employment contract by simultaneously operating his own wealth management company Pakistan Stock...

IDB reiterates commitment to Pakistan’s socio-economic uplift

ISLAMABAD: Islamic Development Bank (IDB) President Dr Bander M H Hajjar has said that IDB Group's relationship with Pakistan spanned over 40 years...

PSX closes flat amid volatile trading

KARACHI: After oscillating in both directions, the Pakistan Stock Exchange (PSX) managed to close a volatile session in green. Foreign investors closed the...

KSE-100 plunges another 517 points amid lacklustre trading

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a dull start to the week as indices continued to crumble amid lack of...

Faysal Bank planning 200 new branches in Pakistan

As banks around the world shut branches and lay off tellers, Pakistan’s Faysal Bank is headed in the opposite direction in the...

Placement committee to review appointment of FBR Chairman

ISLAMABAD: The government after taking the decision of appointing the new chairman Federal Board of Revenue (FBR), has withheld the notification after...

FBR releases notification for hike in petroleum products

ISLAMABAD: The Federal Board of Revenue (FBR) on Sunday released the notification for an increase in prices of petroleum products. The recent hike, which...

SECP reviews regime for IPOs

ISLAMABAD: The Security and Exchange Commission of Pakistan's (SECP) Policy Board reviewed the regulatory regime for Initial Public Offerings (IPOs) and appreciated the...

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...