PSX fails to sustain gains, ends 239 points lower

KARACHI: After a positive start to the week, the Pakistan Stock Exchange was once again in the red zone, as indices failed to...

PSX turns bullish, gains 545 points 

KARACHI: Bulls emerged as winners at the Pakistan Stock Exchange on Monday. The indices swung in both directions until they finally picked the...

Deutsche Bank and Commerzbank go public on merger talks

FRANKFURT: Deutsche Bank and Commerzbank confirmed on Sunday they were in talks about a merger, although both warned that a deal was...

Bears return to PSX as benchmark plunges 501 points

Cement sector lost 3.40pc from its cumulative market capitalization despite a decline in global coal prices KARACHI: Trade floors turned red on Friday...

SBP reserves increase by $6.4m, stand at 8.12bn

The foreign exchange reserves held by the central bank increased 0.08pc on a weekly basis, according to data released by the State...

Interloop raises Rs5.02bn through largest private sector IPO

General public will be offered shares on 21st and 22nd March at a price of Rs46.10 per share Interloop Limited successfully raised...

PSX ends lower as bearish sentiment persists

KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday was once again under the curse of bears, as investors preferred to stay away from...

PSX ends flat amid lacklustre trading

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a slow start to the week as the indices which opened positive changed their outlook by...

Why the Pakistan Banao Certificates are a bad investment

My first job out of college was at a brokerage firm in New York whose offices were just two blocks north of...

PSX witnesses bearish trend, drops 1.49pc in week

Uncertainty emanating from Indo-Pak confrontation forced the investors to stay away from the market Downward slide continued at the Pakistan Stock Change...

‘Increase in debt stock can’t be termed as borrowing’, clarifies finance ministry

Refuting a media report, the ministry says an increase of around $1.7bn was recorded in govt's external debt during first seven...

Iran merging military-linked banks to stabilise sector

DUBAI: Iran is merging four military-linked banks and another financial institution with the country’s oldest bank to boost efficiency and help stabilize the...

China agrees to finance 14 social sector projects in GB

ISLAMABAD: The visiting Chinese experts, who held detailed meetings with the representatives of federal and provincial governments, including Azad Jammu Kashmir and Gilgit...

Standard Chartered posts highest-ever profit of Rs18.5bn

KARACHI: Standard Chartered Bank (Pakistan) Limited on Wednesday announced its annual results for 2018. The bank performed exceptionally well in the year and delivered...

$1bn Chinese investment in social sector expected to be announced

ISLAMABAD: A team of Chinese experts is scheduled to visit Pakistan this week which is expected to announce and investment of over $1...