World stocks

Stocks enjoy further gains as virus restrictions are eased

Most equities rose again on Wednesday as investors grew increasingly, but cautiously, hopeful that the worst of the coronavirus had passed and...

ADB to provide Pakistan $305m to fight pandemic

ISLAMABAD: The Asian Development Bank (ADB) will provide $305 million to Pakistan to deal with the coronavirus pandemic in the country. This was...

COVID-19: Pakistan’s exports plunge 54pc in April

ISLAMABAD: Owing to the closure of global markets amid COVID-19 outbreak, Pakistan's exports fell by a massive 54pc in April 2020, as...

Pakistan’s cash programme instrumental in mitigating COVID-19 impact: WB

ISLAMABAD: The World Bank (WB) on Tuesday said that Pakistan’s emergency cash programme would be instrumental in mitigating the impact of the economy...

Traders seek further clarification on anti-hoarding ordinance

LCCI president says govt must define difference between 'stock' and 'hoarding' to stop misuse of recently promulgated ordinance

Govt’s flawed policies denting investors’ confidence: OICCI

--Chamber says lack of economic documentation, bad tax measures keeping investors at bay --Says investors uncertain about govt's ability to implement tough decisions ISLAMABAD:...

KSE-100 lands flat after range-bound session

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a volatile session on Tuesday, with the benchmark KSE-100 Index failing to capitalise...

Stocks rally as nations begin to slowly reopen

Equities and crude rallied Tuesday as investors cheered a further easing of lockdowns in some countries, which offset a brewing row between...

Weekly inflation up 0.72pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on April 30 witnessed an increase of 0.72pc, Pakistan Bureau...

KSE-100 fails to sustain gains, closes 195 points lower

KARACHI: The Pakistan Stock Exchange (PSX) failed to carry forward the positive momentum from the previous session, with the KSE-100 Index ending...

Oil starts week on back foot as rally loses steam

Oil prices fell on Monday after strong gains last week, with continued concerns about oversupply and storage capacity due to a coronavirus-triggered...

ICCI seeks cut in power, gas tariffs

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) President Muhammad Ahmed Waheed has said in line with the reduction in petroleum...

Prudent policies keeping PSX afloat amid corona crisis, says MD

'Long-term investors can make an entry and hold their positions to reap the benefits of attractive valuations currently on offer'

Oil firms as OPEC+ begins record cuts; set for weekly rise

NEW YORK: US oil prices were 4pc higher while the front month Brent crude futures rose above $26 per barrel on Friday,...

‘Transit trade’: Pak-Afghan borders opened for five days a week

PESHAWAR: Pakistan has decided to open for five days a week Torkham and Chaman border crossings in order to facilitate bilateral and...