Market Daily: KSE 100 closes red on weak corporate results
LAHORE:Â Pakistani equities continued to extend losses for third straight session after the disqualification of Foreign Minister Khawaja Asif which will be a...
Miftah Ismail, SBP governor hint new remittances policy for dollar in forthcoming budget 2018-19
KARACHI: State Bank of Pakistan (SBP) Governor Tariq Bajwa and Adviser to the Prime Minister on Finance Dr Miftah Ismail assured the...
Asian stock markets mixed, as investors consider latest earnings
Asian Stock markets remain subdued as investors considered the impact of latest corporate earnings
Oil prices push up on Iran sanction worries
SINGAPORE: Oil prices rose on Thursday, supported by an expectation that the United States will re-impose sanctions against Iran, a decline in...
Rupee depreciates to all-time low of Rs119.50 against US dollar in kerb market
Representative bodies of the currency exchange companies decided to fix the dollar rate at Rs118.40 for buying and Rs118.70 for selling. Central bank to be responsible for deciding about the supply of dollars.
Asian shares dip, following sell-off on Wall Street
TOKYO: Asian shares dipped Wednesday, mirroring a sell-off on Wall Street on worries over slowing growth and falling profits.
KEEPING SCORE: Japan’s benchmark...
Oil prices stable, but remain below three-year highs
SINGAPORE: Oil prices were stable on Wednesday but were below the more than three-year highs reached the previous session as rising U.S....
Fauji Fertilizer gets approval to invest $121 million in Thar Energy Limited
LAHORE: Fauji Fertilizer Company (FFC) Limited board has given go-ahead for an investment of $121 million in Thar Energy Limited (TEL).
In a...
Market Daily: KSE 100 gains 504.74pts, settles at 45876.7
LAHORE: Market watchers in Tuesday’s session disregarded the decision of the National Assembly Standing Committee on Finance to unanimously reject two bills...
Ghandhara Nissan to raise Rs1.2 billion from right shares to revive existing assembly plant
LAHORE: Ghandhara Nissan will raise Rs1.2 billion from a right shares issue to partially finance the revival of its existing assembly plant...
One in five financial institutions consider cryptocurrency trading, survey says
LONDON: One in five financial institutions is considering trading cryptocurrencies within the next 12 months, a survey published by an international news agency...
Pakistan unlikely to suffer from US-China trade war in short term: experts
ISLAMABAD: Trade experts have said Pakistan’s economy is the least integrated in the global value chain and, hence, will not suffer significantly...
SBP expresses concerns over rising dollar value in open market
KARACHI: The State Bank of Pakistan (SBP) on Monday ruled out any possibility of a further depreciation of the Pak-rupee and expressed...
Pak-Qatar Takaful Group posts net profit of Rs133mn
KARACHI: Pak-Qatar Takaful Group has registered an immense growth during the preceding year with an aggregate turnover of around Rs9 billion. The...
Engro’s third quarter profit rises 62pc YoY
LAHORE: Engro Corporation, on Monday, in a board of directors meeting held in Karachi approved its financial results for the quarter ended...