Market Daily: KSE-100 index sheds 485 points
LAHORE: The Pakistan Stock Exchange (PSX) had another turbulent session on Thursday with negative triggers all around. On the economic front, the...
SECP amends PSX regulations governing offices/branch offices of brokers
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) in the meeting chaired by the SECP chairman has accorded its approval for crucial...
Pakistan ‘unprepared’ to convince FATF’s team over 26-point action plan
ISLAMABAD: As a team of the Financial Action Task Force (FATF) has arrived here to evaluate the implementation on teh 26-point Action...
Tukey doubles tariffs on some US imports, lira rallies
ISTANBUL: Turkey doubled tariffs on some US imports including alcohol, cars and tobacco on Wednesday in retaliation for US moves, but the...
Govt releases over Rs22bn under PSDP
ISLAMABAD: The government has so far released over Rs22.784 billion under its Public Sector Development Programme (PSDP) 2018-19 for various ongoing and...
Market Daily: PSX puts up weak show as KSE-100 closes in red
LAHORE: The Pakistan Stock Exchange (PSX) trailed regional and world markets and put up a weak show on Wednesday. A plunge in...
Hardcore hedge fund bulls say Iran sanctions may see oil at $150
LONDON: Clouds are gathering over the outlook for the oil market, as trade tensions and rising crude supply threaten to swamp demand...
Indian rupee hits record low of 70 to the dollar
MUMBAI: The Indian rupee hit a record low of 70 to the dollar on Tuesday as emerging market currencies are sold off...
SBP reiterates commitment as custodian of Pakistan’s financial system: SBP Governor
KARACHI: The State Bank of Pakistan (SBP) celebrated the Independence Day anniversary of Pakistan on August 14 at the SBP headquarters in Karachi. SBP...
New govt tasked with saving economy from major crisis
BEIJING: The new Pakistani government has a major agenda of bringing the economy back on track. Imran Khan, whose political party emerged...
Trade deficit plunges by 16.5pc in July
ISLAMABAD: The trade deficit of Pakistan has decreased to $3.192 billion in July, a decrease of about 16.15 per cent from the...
Noor Financial divests another 0.85pc share in Meezan Bank
LAHORE: In a notification issued to the Pakistan Stock Exchange here on Monday, Meezan Bank disclosed that Noor Financial Investment Company had sold/divested...
Rs838.88mn collected for Bhasha, Mohmand dams fund: SBP
ISLAMABAD: The fund dedicated to the construction of Diamer Bhasha and Mohmand dams has so far received over Rs839.88 million from various...
Unity Foods announces new edible oil under brand name ‘Dastak’
LAHORE: Unity Foods Limited on Monday informed all stakeholders regarding the launch of its new edible oil under the brand name “Dastak”....
PSX re-composes KSE 30 index
LAHORE: The Pakistan Stock Exchange (PSX), through a notification declared that it had re-composed the KSE-30 index for the review period from...