Market Daily: KSE gains 561.98pts touching 43,000

LAHORE: The Pakistan Stock Exchange (PSX) recovered its recent losses in a sharp upward move as political temperature calmed down. The market welcomed the...

Market Daily: PIA takes off amid crashing indices

KARACHI: Pakistan Stock Exchange (PSX) benchmark KSE 100 index shed 586.23 points as the rally started in December seems to have come to an...

Cherat Packaging’s flexible packaging project to come online by July 2018

LAHORE: A bourse notification filed by Cherat Packaging Limited Monday revealed its flexible packaging project will come online by mid-half of 2018. In light of...

South Korea still hasn’t finalized plans to ban cryptocurrency trading

SEOUL: South Korea said on Monday that its plans to ban virtual coin exchanges had not yet been finalized as government agencies were still...

Pace Pakistan files for restoration of share trading on PSX

LAHORE: A bourse notification filed Monday from Pace Pakistan Ltd has sought ceasing of order issued by Pakistan Stock Exchange (PSX) on 11th January...

Asian shares soar to record highs

SYDNEY: Asian shares hit historic highs on Monday after Wall Street extended its record-breaking run, while the U.S. dollar retreat continued as investors priced...

Oil prices hold firm, tad below December 2014 highs

SINGAPORE: Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and Russia despite a rise...

Matco Foods set to become 1st listed company of 2018 on PSX

KARACHI: Matco Foods Limited, one of the country’s leading basmati rice exporters, is later this month planning to raise Rs758 million from listing on...

FTO received highest number of tax complaints from Karachi

ISLAMABAD: Out of total 1826 tax-related complaints registered with Federal Tax Ombudsman (FTO), the largest number complaints totaling 553, were filed from Karachi city...

Profit margins for oil refiners in Asia dip, as oil prices touch $70 per...

SINGAPORE: Oil prices have risen above $70 per barrel for the first time since 2014 as investors bet supply cuts led by OPEC will...

Asian stock markets rise, on back of latest Wall Street record rally

HONG KONG: Most Asian stocks markets are higher after Wall Street’s latest record close. Japan’s Nikkei 225 recovered from early losses to gain 0.1...

FBR notifies decrease in property valuation rates of up to 57 percent

ISLAMABAD: Property rates in six cities will plunge 57 percent after the Federal Board of Revenue’s (FBR) decision on Thursday to reverse a policy...

MoneyGram’s shares rise 10.5 percent, forms partnership with Bitcoin rival

TEXAS: Shares of MoneyGram International Inc jumped 10.5 percent on Thursday, after the money-transfer company said it partnered with blockchain firm and bitcoin-rival Ripple. As...

Govt paid Rs20.241 million sales tax refund to textile sector during FY 2017-18

ISLAMABAD: The government has paid Rs 20,241 million sales tax refund to textile sector during current financial year in order to facilitate the local...

International crude oil prices hit 3-year high

LAHORE: Oil prices hit a fresh 3-year high on Thursday ahead of a United States’ (US) decision on whether to extend temporary waivers on...

Popular News

Matco Foods set to become 1st listed company of 2018 on...

KARACHI: Matco Foods Limited, one of the country’s leading basmati rice exporters, is later this month planning to raise Rs758 million from listing on...