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...
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:Â 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...
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,...
Black market sale of cigarettes caused Rs77.3bn loss to exchequer in FY20
ISLAMABAD: Black market sale of cigarettes resulted in tax evasion of Rs77.3 billion Pakistan during the fiscal year 2019-20, a representative of...
Stocks close flat in range-bound session
KARACHI:Â The Pakistan Stock Exchange (PSX) failed to sustain gains accumulated in early trade, closing a range-bound session flat on Thursday.
Global equity markets...
Dollar gains Rs1.52 in interbank market
The US Dollar gained Rs1.52 against Pakistani Rupee in the interbank on Wednesday.
According to a State Bank of Pakistan tweet, the US...