SECP chief visits PSX, discusses reform agenda with directors
KARACHI: Securities and Exchange Commission of Pakistan (SECP) Chairman Farrukh H Sabzwari, along with his team, visited the Pakistan Stock Exchange Limited...
PSX down 28 points amid volatility
KARACHI:Â Volatility continued at the Pakistan Stock Exchange (PSX) for second consecutive session where the indices kept shedding gains to end the day...
Naubahar Bottling interested in acquiring 98.23% stake in Baba Farid Sugar mills
The company was founded in 1978 and is based in Lahore and is a subsidiary of Pattoki Sugar Mills Limited
British Lotus cars to be ‘Made in China’ at new Geely plant – documents
The share of luxury SUVs in China’s overall passenger car market grew from 4.07 percent in 2014 to 5.01 percent in 2018, according to data from consultancy J.D. Power
Dollar stalls, sterling steadies after May wins no-confidence vote
The dollar index, which measures the greenback against six major peers, was a shade higher at 96.133 after gaining about 1 percent over the previous five sessions
Record U.S. crude production weighs on oil prices
International Brent crude oil futures were down 34 cents, or 0.6 percent, at $60.98 per barrel
Auditors decline to certify PIA’s financial statements citing ‘missing record’: Report
The sources said the reason for the records went missing were pertaining to the transfer of its previous system into Oracle Enterprise Resource Planning (ERP), which kept a day-to-day record of business transactions
Govt willing to scrap 0.02% advance tax on sale & purchase of shares
According to a Finance Ministry summary, it has recommended that Section 65C of the Income Tax Ordinance (ITO) permits incentives for listing by entities via tax credits and this can be further augmented to urge new listings
PSX sheds 342 points amid lacklustre trading
KARACHI: Breaking the momentum of the previous two sessions, the Pakistan Stock Exchange (PSX) turned red on Wednesday, as indices dripped and...
Index gains 201 points amid improved market sentiment
KARACHI: Positive sentiments surrounded the Pakistan Stock Exchange (PSX) for the second consecutive session on Tuesday, as indices traded in green all day long....
Pound briefly hits two-month high, braces for Brexit parliament vote
Against the euro it briefly rose to 88.755 pence, up 0.6 percent on the day, the highest since Dec. 5 but then fell back to 89.2 pence
‘Marketers should highlight Pakistan’s success stories globally’
K-Electric CMO says in order to champion customer satisfaction, every touch point a customer has with your organisation must be relevant,...
Bulls dominate as index gains 363 points
KARACHI:Â It was a fresh start of the week for investors of Pakistan Stock Exchange (PSX) where indices kept moving in northern trajectory...
Additional revenue measures of up to Rs150 billion expected in upcoming mini-budget: Report
The brokerage house said the hike in interest rate by 425 basis points and rupee devaluation of 24% since December 2017 have cumulatively increased annual debt servicing requirement of government by Rs700-800 billion
Asian shares decline as China reports slowdown in exports
Hong Kong’s Hang Seng index lost 1.4 percent to 26,299.19 while the Shanghai Composite fell 0.6 percent to 2,539.59