Stocks fall 325 points as selling pressure persists
KARACHI: In line with the downtrend witnessed in global stock markets, the Pakistan Stock Exchange (PSX) remained in the negative territory throughout...
Covid cut: SBP slashes interest rate to 7pc
--This is the fifth rate cut since coronavirus pandemic hit the global economy, with total reduction being 625bps in the last 100...
SBP sells Rs112bn worth of PIBs
KARACHI: The State Bank of Pakistan (SBP) has raised Rs112 billion through the sale of Pakistan Investment Bonds (PIBs), according to a...
Gold price jumps Rs2,000 to 105,100 per tola
Price of 10-gram gold reaches Rs90,106
Stocks end flat amid dull, directionless trade
KARACHI: After cumulatively adding around 600 points in the first two days of the week, the Pakistan Stock Exchange (PSX) moved within...
PSX appoints Nadir Rahman as chief operating officer
KARACHI: Nadir Rahman has joined the Pakistan Stock Exchange (PSX) as its Chief Operating Officer (COO), according to a statement issued by...
WTO predicts 18.5pc fall in global trade in 2Q
'While trade volumes will register a steep decline in 2020, they are unlikely to reach the worst-case scenario projected in April'
Housing finance among top priorities of SBP: Dr Reza Baqir
SBP governor chairs first meeting of Steering Committee on Housing and Construction Finance
Oil up after Trump assurance on China trade deal
LONDON: Oil prices rose on Tuesday in a volatile session after US President Donald Trump soothed jangled nerves over the status of...
Stocks extend rally with 314-point gain
KARACHI: Bullish trend continued at the Pakistan Stock Exchange (PSX) on Tuesday, as the indices kept accumulating gains throughout the day despite...
Two companies issued show cause notices over deceptive marketing practices
As per CCP's report, SM Food Makers and Volka Food Int'l were deceptively copying the trademark of various products belonging to Ismail Industries Ltd
PSX calls for reduction in Capital Gains Tax
The exchange recommends CGT rate be brought down to 10pc for short-term investments, and be made nil for long-term investments
Surge in gas tariffs likely to trigger jump in urea prices
ISLAMABAD: As gas companies have sought up to 100pc hike in their tariffs, the fertiliser industry may also increase the price of...
SECP gets re-elected to IOSCO board for 5th consecutive term
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has been re-elected to the International Organization of Securities Commissions (IOSCO) Board for...
Stocks rebound with 298-point rally
Recovery was led by fertiliser, oil & gas exploration and power generation & distribution sectors