SBP warns public against dealing with illegal forex operators
KARACHI:Â The State Bank of Pakistan (SBP) has warned the general public against sale and purchase through illegal operators and transfer of foreign...
Oil set for weekly gain on Saudi output cut pledge
LONDON: Oil prices hit 11-month highs and were on track for a weekly gain on Friday, supported by Saudi Arabia’s pledge to...
Stocks extend rally with 309-point gain
KSE-100 gains 2.74pc in week, closes at 45,654.34 points
Crypto market cap surges above $1 trillion for first time
The total market value of all cryptocurrencies rose above $1 trillion for the first time on Thursday as Bitcoin surged to a...
Stocks add 191 points to overnight rally
KARACHI: The Pakistan Stock Exchange (PSX) carried on the northward journey on Thursday, with the benchmark index accumulating around 200 points despite...
Oil extends gains after surprise Saudi output cut
LONDON: Oil prices extended gains on Wednesday, rising to their highest since late February, after Saudi Arabia announced a big voluntary production...
Stocks gain 502 points to breach 45,000 barrier
KARACHI: Bulls regained control of the Pakistan Stock Exchange (PSX) on Wednesday, with the benchmark index crossing the 45,000 threshold for the...
Bitcoin emergence as ‘digital gold’ could lift price to $146,000, says JPM
LONDON: Digital currency bitcoin has emerged as a rival to gold and could trade as high as $146,000 if it becomes established...
Stocks close flat after volatile session
KARACHI: Putting an end to its winning streak, the Pakistan Stock Exchange (PSX) closed a volatile session on Tuesday flat, with the...
USC posts Rs100bn turnover for 2020
ISLAMABAD: The annual turnover of Utility Stores Corporation of Pakistan (USC) was recorded around Rs100 billion in the calendar year 2020 as...
Provinces directed to check hoarding, black marketing of essential commodities
ISLAMABAD: Finance and Revenue Minister Dr Abdul Hafeez Shaikh, while chairing a meeting of the National Price Monitoring Committee (NPMC) on Monday,...
Stocks extend rally with 251-point gain
KARACHI: The Pakistan Stock Exchange (PSX) continued to head north on Monday, with the indices accumulating gains all day long amid improved...
Oil steadies as surprise US stockbuild weighs
LONDON: Oil steadied on Wednesday after earlier losses sparked by an unexpected rise in US crude oil inventories, and as President Donald...
Stocks add 180 points in volatile session
KARACHI: The Pakistan Stock Exchange (PSX) endured a volatile session on Wednesday, with the indices swinging both ways in search of a...
Oil drops as new coronavirus strain revives demand fears
LONDON: Oil dropped towards $50 a barrel on Tuesday, adding to losses from the previous session, as a mutant variant of the...