Stocks add 273 points in volatile trade
KARACHI: Bulls emerged as winner of what was a volatile session at the Pakistan Stock Exchange on Wednesday, with the indices recovering...
Inflation drops to seven-month low in March
CPI inflation further slows from 12.4pc in Feb to 10.24pc in March
PSX announces only one trading session on Friday
The Pakistan Stock Exchange has announced that only one trading session would be held on Friday.Â
In a notice sent here to all...
Oil subdued in Asian trade
The US crude was higher in Asian trade Wednesday but sentiment remained subdued as Saudi Arabia floods the market with oil and...
Asian markets mostly higher but coronavirus uncertainty casts shadow
Asian markets were mostly up Wednesday after suffering a diabolical first quarter, while traders weigh trillions of dollars in global stimulus with...
British cybersecurity firm launches ‘VST Pakistan’
British cybersecurity company founded by tech entrepreneur Louis-James Davis has announced that it is to formally launch a new subsidiary in Pakistan...
Govt urged to facilitate exporters, manufacturers amid virus lockdowns
ISLAMABAD:Â The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the federal government and provinces to ease the coronavirus lockdown restrictions...
Govt extends Rs40,000 prize bond encashment date till June 30
ISLAMABAD: The federal government on Tuesday extended the date of encashment/redemption of Rs40,000 denomination national prize bonds for another three months.
“In term...
Trump calls for $2tr infrastructure bill to help economy during coronavirus crisis
WASHINGTON: President Donald Trump on Tuesday said the US Congress should pass a $2 trillion spending plan to update the country’s roads,...
Textile millers call for extension in debt repayment moratorium
'Under the prevalent circumstances, collection of sales tax will only hasten bankruptcies and usher in a serious depression'
New auto entrants demand tax relief to plug losses
LAHORE: New entrants in the country's auto sector, including Nishat Hyundai Motors Pakistan Limited (NHMPL) and Kia Lucky Motors Pakistan Limited (KLMPL),...
Ride-hailing service launches financial support initiatives for drivers
KARACHI: Ride-hailing company Careem has announced initiatives to support their captains (drivers) as mobility through ride-hailing becomes restricted due to the COVID-19...
Bulls charge back with 1,208-point rally; index crosses 29,000 mark
KARACHI: The Pakistan Stock Exchange (PSX) turned its fortunes on Tuesday, with the benchmark KSE-100 Index accumulating over 1,000 points to cross...
Dollar continues climb against rupee
The value of the US dollar slightly against the rupee as it depreciated by 60 paisa in interbank sessionÂ
The rupee was closed...
Oil prices rebound strongly, WTI crude up more than 7%
Oil prices rebounded strongly in Asian trade Tuesday a day after falling to 18-year lows, as investors took heart from moves by...