Oil prices set for weekly gain ahead of OPEC+ meeting

NEW YORK: Oil prices were mixed on Friday but remained on course for a fourth straight week of gains ahead of an...

PM asks industrialists to help promote corporate farming

ISLAMABAD: Stressing the expansion of corporate farming, Prime Minister Imran Khan on Friday sought proposals from industrialists to modernise agriculture sector and...

Stocks snap three-day rally to lose 223 points

KARACHI: The three-day winning streak at the Pakistan Stock Exchange (PSX) came to an end on Friday, with the benchmark index succumbing...

Dollar sheds Rs1.77 in two days, slips to Rs159.28

KARACHI: Continuing with the previous day's momentum, Pakistani Rupee gained another 81 paisas against the US Dollar in the interbank on Wednesday. According...

Rice prices drop 20pc on rupee appreciation, low export demand

ISLAMABAD: Following a significant reduction in the prices of sugar and wheat, the prices of different varieties of rice have also witnessed...

KSE-100 jumps 568 points on E&P gains

KARACHI: Bulls controlled the Pakistan Stock Exchange (PSX) for the second consecutive session on Wednesday, with the indices accumulating gains all day...

Auto sales likely to increase 60pc YoY in FY21

LAHORE: The country's auto industry sales are likely to grow 60pc in the current fiscal year (FY2020-21), with total sales expected to...
PSX

Bulls dominate as index gains 230 points

KARACHI: Bulls paraded back to the Pakistan Stock Exchange (PSX) on Tuesday, as the indices remained in the positive territory despite negativity...

Indoor dining services banned in Karachi restaurants

KARACHI: The Karachi administration on Monday announced that new Covid-19 restrictions for restaurants would be imposed from Tuesday (tomorrow) in order to...

SECP decides to formulate digital assets law

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to formulate laws related to the establishment of digital assets in...

Shares sink below 40,000 mark on weak investor sentiment

KARACHI: The Pakistan Stock Exchange (PSX) took a beating on the first trading session of the week, with the indices heading south...

Sugar millers express concern over cane shortage

ISLAMABAD: The Pakistan Sugar Mills Association (PSMA) has informed the Ministry of Industries that the millers were facing serious shortage of raw material...

Dollar climbs to Rs160.73; gains Rs2.57 in week

The US Dollar gained Re0.11 against Pakistani Rupee in the interbank market on Friday. According to a State Bank of Pakistan tweet, the...
PSX

Bears hold sway as benchmark index sheds 353 points

KARACHI: Bears took charge of the Pakistan Stock Exchange (PSX) on Friday, with the indices succumbing to selling pressure ahead of the...

Oil set for third week of gains on vaccine hopes

LONDON: Oil prices firmed on Friday, and were on track for a third consecutive weekly rise, buoyed by successful Covid-19 vaccine trials,...