Bears tighten grip on PSX, index sheds 294 points
KARACHI:Â Bears tightened their grip on the Pakistan Stock Exchange (PSX) as soon as the session commenced on Monday. Indices kept shedding gains...
Central bank raises interest rate to 10.75%
The State Bank of Pakistan (SBP) on Friday increased the policy rate by 50 basis points, raising it to 10.75 per cent.
A...
Fake FIRs against high-value tax payers a concern: ICCI president
ISLAMABAD:Â Islamabad Chamber of Commerce & Industry (ICCI) President Ahmed Hassan Moughal has expressed grave concerns over the registration of fake FIRs against...
FBR rejects revising tax rates for non-filers withdrawing cash over Rs 50,000
ISLAMABAD:Â The Federal Board of Revenue (FBR) on Friday refuted reports regarding revising the tax rates for non-filers withdrawing cash worth over Rs...
NFC agrees to finalise 9th Award by Dec 31
LAHORE: The 9th National Finance Commission has agreed to make efforts to finalise the NFC Award by December 31 this year.
A meeting...
PSX fails to sustain gains, sheds 412 points
Refinery, cement and oil & gas exploration sectors lost 3.06pc, 2.51pc and 2.22pc from their cumulative market capitalisation
KARACHI:Â The Pakistan Stock Exchange...
PSX ends 220 points higher despite early tremors
KARACHI: The Pakistan Stock Exchange (PSX), after witnessing a volatile trading session, managed to close in the green.
As per news reports, a team affiliated...
FATF affiliate team arrives in Pakistan
ISLAMABAD:Â A delegation of the Asia-Pacific Group (APG) on money laundering, a regional affiliate of the Financial Action Task Force (FATF), arrived in...
Bailout agreement with IMF to be reached soon: Asad Umar
'PTI govt only had 15 days of reserves left when it came to power', finance minister laments
ISLAMABAD:Â Finance Minister Asad Umar said...
PSX sheds 403 points amid low turnover
Market participation decreased by 33pc, from 54.20m shares in the previous session to 36.49m shares
KARACHI:Â The Pakistan Stock Exchange (PSX) witnessed a...
China can speed up financial sector opening, official says
BEIJING:Â China can speed up the opening of its financial sector if the United States is unhappy with the pace because it will...
Economic gloom hits world stock markets
Worries about economic growth prospects hit global stock markets during the past week, causing sharp price drops on both sides of the...
PSX ends 147 points higher, breaks three-day losing streak
KARACHI:Â Breaking its three-day losing streak, the Pakistan Stock Exchange (PSX) ended the last trading session of the week in green. Foreign investors...
PSX remains bearish, index loses 163 points
KARACHI: Bearish sentiments prevailed once again at the Pakistan Stock Exchange (PSX) on Thursday.
Keeping up with the preceding session's trend, indices traded...
Govt appoints Younus Dagha as Finance Secretary
ISLAMABAD:Â The federal government has appointed Mohammad Younus Dagha as Finance Secretary. Official notification in this regard was issued on Wednesday.
Younus Dagha will...