Market Daily: Investors in dire need of positive triggers, KSE100 sheds 158.36pts

LAHORE: The Pakistan Stock Exchange (PSX) saw a weal session of trading before Economic Survey 2017-18 is unveiled on Thursday. It was...

Earnings season at PSX fails to spark investor interest

LAHORE: Earnings season at the Pakistan Stock Exchange (PSX) has somewhat failed to spark investor interest mainly on the back of political...

One in five financial institutions consider cryptocurrency trading, survey says

LONDON: One in five financial institutions is considering trading cryptocurrencies within the next 12 months, a survey published by an international news agency...

Industrial sector grows at 5.8pc in FY2018

ISLAMABAD: The industrial sector of the country is projected to grow at 5.8 per cent during the current fiscal year 2017-18 against...

Taxation system needs a serious overhaul: ACCA

ISLAMABAD: Giving its proposals for the next budget, Association of Chartered Certified Accountants (ACCA) has identified that the taxation system in Pakistan...

Market Daily: Earnings season fails to impress investors

LAHORE: The Pakistan Stock Exchange (PSX) opened the week with weak sentiments ahead of the soon to be announced Federal Budget 2019....

Pak-Qatar Takaful Group posts net profit of Rs133mn

KARACHI: Pak-Qatar Takaful Group has registered an immense growth during the preceding year with an aggregate turnover of around Rs9 billion. The...

Remittances into Pakistan stagnant throughout 2017, says World Bank

LAHORE: Remittances into Pakistan remained almost flat for 2017, fueled by notable decreases in inflows from Saudi Arabia (the biggest remittance source) by...

Budget is being prepared to trap next government in financial difficulties: experts 

ISLAMABAD: As the government is likely to announce increased PSDP, salaries, subsidies and other incentives in the next budget despite the double...

Miftah meets WB CEO, apprises regarding 75 reforms implemented by Pakistan

ISLAMABAD: Pakistan delegation led by Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Miftah Ismail participated in the IMF,...

Market Daily: KSE 100 down 812.52 points WoW basis

LAHORE: The KSE 100 index continued its northbound move during early trading as inertia from the previous session kept bulls in control...

Foreign reserves shrink by another $94.3mn

LAHORE: Foreign reserves held by the State Bank of Pakistan (SBP) decreased by $94.3 million to $17,545.5 million during the week ended...

NAB calls SECP chairman to explain actions aiding Ali Jahangir Siddiqui

ISLAMABAD: National Accountability Bureau (NAB) has summoned Securities and Exchange Commission of Pakistan (SECP) chairman to appear today (Friday) and record plea...

Bank Al-Habib expands into Kenya, opens representative office

LAHORE: Bank Al-Habib Ltd in an attempt to tap into the multibillion-dollar international transaction business in its first investment in Africa, has been...

Market Daily: KSE 100 continues southbound, drops 90.86pts

LAHORE: Taking its inspiration from the previous session, the 100 Index on Thursday, continued its southbound journey, falling 90.86 points to 45387.77, as...