US Dollar down to Rs148.7 in interbank market
The Pakistani Rupee gained some strength in the money market as the value of the US Dollar on Thursday further decreased by...
AIIB to invest $150mn in IFC’s Emerging Asia Fund
BEIJING: The Asian Infrastructure Investment Bank (AIIB) has announced it will invest $ 150 million in the International Finance Corporation (IFC)’s Emerging...
Govt to present Rs5 trillion national budget on Friday
ISLAMABAD: The incumbent government is going to make history by presenting its sixth consecutive federal budget for the year 2018-19, with an...
Market Daily: Indices bleed for six straight sessions, sheds 0.7 pc DoD
The index has now lost around 1,476 points or 3 per cent in the last six trading session.
Forex Update: Pakistan’s foreign reserves stand at $16.713bn
KARACHI: According to the State Bank of Pakistan (SBP), the total liquid foreign reserves of the country stand at $16.713 billion.
According to...
UAE bank adds Pakistan to ‘remit in 60 seconds’ service
Emirates Islamic says that its 60 second online fund transfer service QuickRemit is now available for remittances to Pakistan
Emirates Islamic has announced...
Govt releases Rs233bn for development under PSDP
Rs86.5bn released for federal ministries, Rs111bn for corporations, and Rs25.6bn for special areas
ISLAMABAD:Â The federal government has released Rs233.4 billion against the...
PTCL’s revenue grows 8pc to Rs126.2bn in 2018
PTCL registers yearly growth for the first time since 2014
ISLAMABAD: The Board of Directors of Pakistan Telecommunication Company Limited (PTCL), the country’s...
Bears in control as KSE-100 sheds another 380 points
KARACHI: Bearish sentiments surrounded the Pakistan Stock Exchange (PSX) on the last trading session of the week, as indices bled all day...
Stocks extend gains with 553-point rally
KARACHI:Â The Pakistan Stock Exchange (PSX) carried forward its positive momentum for the third successive session, ending the day in the green zone...
Stocks bleed as KSE-100 plummets 785 points
KARACHI:Â Bears kept a tight grip on the Pakistan Stock Exchanged (PSX) on Monday, as the indices, which opened on a positive note,...
Bourse turns bearish, sheds 526 points
KARACHI:Â It was a tough day for the investors who saw the indices crumble at the Pakistan Stock Exchange (PSX) after two positive...
PTCL’s net profit decreases 14.5pc to Rs6.3bn
LAHORE: The Pakistan Telecommunication Company Limited (PTCL) has posted PTCL Group and PTCL’s net profit at Rs2.4 billion and 6.3 billion, respectively.
The...
Punjab finance minister discusses financial matters with Miftah Ismail
ISLAMABAD:Â Punjab Finance Minister Ayesha Ghaus Pasha had a meeting with Adviser to Prime Minister on Finance, Dr Miftah Ismail here on Wednesday.
The...
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...