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...
Inflation eases to 8.5pc in April
Experts believe inflation may drop further in May following a major cut in oil prices
CNG price reduced by Rs12.5 per litre in Punjab, Islamabad
Following a decline in LNG prices, the price of CNG has been slashed by Rs12.50 per litre for Punjab and Islamabad.
After the...
SBP reserves rise $1.9bn to $12bn
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $1,181 million to $12,070.3 million during the week...
COVID-19: Over 13,000 Pakistanis laid off in UAE
Foreign Office spokesperson Aisha Farooqui on Thursday disclosed that at least 13,000 Pakistan nationals lost their jobs in the United Arab Emirates...
Govt slashes petrol price by Rs15
ISLAMABAD: The government on Thursday reduced the prices of petroleum products by Rs15 to Rs30 to facilitate the general public amid falling crude...
Dollar falls to Rs160 in interbank market
The US dollar on Thursday slipped by Rs1.44 against the rupee to close at Rs160.175 in interbank market.
Compared to the opening value...
Pakistan likely to miss FY20 export target by $3bn, Dawood says
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood has said that the country's export target of $25 billion would not...
SECP proposes new regulations for insurance agents
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified draft Corporate Insurance Agents Regulations, 2020.
The proposed regulations aim at strengthening...
Bulls continue impressive run, index gains 952 points
After crashing by 23pc in March, KSE-100 posts 16pc recovery in April