Packages Limited completes 35pc acquisition of Stora Enso’s stake in BPL

Karachi: In a notification sent to the bourse on Tuesday, Packages Limited announced that it had completed its 35pc acquisition of Stora Enso’s stake...

Asians stock markets slip after record highs on Wall Street

Tokyo: Asian shares wavered on Tuesday, bolstered by record highs on Wall Street but hobbled by uncertainty as traders waited on a Federal Reserve...

Cabinet approves to amend existing conventions between Pakistan, Turkey, Finland, Italy and Bahrain for...

Islamabad: Federal cabinet has approved to amend the existing convention between Pakistan, and Turkey, Finland, Italy and Bahrain for the avoidance of double taxation...

Habib Metro Modaraba set to get listed on PSX

Lahore: Habib Metro Modaraba shares are set to get listed on the Pakistan Stock Exchange (PSX) as its initial public offering starts from September...

Chinese authority’s issue order to cease Bitcoin trading

Shanghai: Chinese authorities have ordered Beijing-based cryptocurrency exchanges to stop trading and at once notify users of their closure, signaling a widening crackdown by...

Global oil prices near 5-month highs on forecasts of rising demand

New York: Brent oil prices held near five-month highs on Friday, and were on track for the biggest weekly gain since late July, on...

OGDCL profits disappoint as increase of 6.3pc reported for FY 2016-17

Karachi: In a notification sent to the bourse on Friday, Oil and Gas Development Company Ltd announced its results for the financial year 2016-17,...

Pakistan Petroleum Ltd profits surge by 107pc for FY 2016-17

Karachi: In a notification sent to the bourse on Friday, Pakistan Petroleum Limited (PPL) announced its results for the financial year 2016-17 ended 30th...

Kohinoor Textile Mill reports 9.33pc increase in profits for FY 2016-17

Karachi: In a notification sent to the bourse on Thursday, Kohinoor Textile Mills Limited (KTML) announced its annual financial results for the year 2016-17...

Asian shares slightly lower, as Chinese data disappoints

Tokyo: Asian stocks inched down from 10-year highs on Thursday following a burst of Chinese data which was largely weaker than markets expected, while...

Kohinoor Mills reports 12.77pc increase in profits for FY 2016-17

Karachi: In a notification sent to the bourse on Thursday, Kohinoor Mills Limited reported its financial year results for 2016-17 ended 30th of June. Revenues...

Global oil prices stay mixed amidst report of rise in US crude stockpiles

Tokyo: Oil prices were mixed on Wednesday, dampened by reports of rising U.S. crude stockpiles but retaining some of the gains made in the...

Asian shares rise after Wall Street experiences record highs

Tokyo: Most Asian stock markets were higher Wednesday after U.S. shares rose on encouraging jobs data while worries about North Korea and twin hurricane...

Pakistan’s tax revenue stood at 12.6pc of GDP in 2016 says: ADB

Islamabad: Pakistan's total tax revenue experienced gradual increase from 10.6 per cent of Grand Domestic Product (GDP) in the year 2000 to 12.6 per...

Market daily: PSX witnesses dull day as stocks slide further

Lahore: The Pakistan Stock Exchange (PSX) failed to build upon gains of the previous session where bulls looked weak. Investors seemed neutral to the...

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