KSE-100 extends rally, rises 581 points

KARACHI: Stocks continued with the positive momentum on Friday, as the indices drove north right from the beginning, helping the benchmark KSE-100 Index...

Saudi Aramco IPO’s retail tranche oversubscribed

RIYADH: The retail portion of Saudi Aramco’s initial public offering (IPO) has been oversubscribed, with orders reaching 38.1 billion Saudi riyals ($10.2...

ECC fixes wheat support price at Rs1,365 per 40kg

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday raised the minimum support price of wheat from the previously announced...

Oil falls as US-China tensions flare again

LONDON: Oil prices fell for the second day on Thursday after official data showed US crude and gasoline stocks rose and President Donald...

SBP reserves rise $240m to $8.68bn

The foreign exchange reserves held by the central bank rose 2.84pc on a weekly basis, as per the data released by the...

PM calls for measures to reduce agricultural input costs

ISLAMABAD: Prime Minister Imran Khan has directed the officials concerned to frame a long-term policy regarding demand and supply of essential commodities,...

Pakistan, Qatar register 63pc growth in bilateral trade

ISLAMABAD: The volume of bilateral trade between Pakistan and Qatar increased from $1.59 billion (5.8 billion Qatari Riyals) to $2.61 billion (9.5...

US to send 15 trade delegations to Pakistan next year

US Assistant Secretary of State Alice Wells has said that the United States has planned to send 15 trade delegations to Pakistan...

Govt moves summary for revival of Tuwairqi Steel Mills 

ISLAMABAD: Amid serious reservations of the local steel industry, the government has planned to revive Tuwairqi Steel Mills Limited (TSML), as a...

Saudi, UAE discuss $70bn crude refinery project in India

DUBAI: Saudi Arabia and the United Arab Emirates discussed a planned refinery in the western Indian state of Maharashtra that will cost at...

Stocks extend rally; index up 583 points

KARACHI: Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on Thursday as indices rallied right from the beginning while volumes improved...

SaudiGulf to launch religious charter flights to Pakistan

SaudiGulf Airlines intends to launch religious charter flights to Pakistan and Iraq under a "transformation plan" led by new chief executive Abdulmohsen...

Indian stock gains to be limited in 2020 as economy slows

BENGALURU: Indian stocks are set to rise further over the coming year, according to a Reuters poll of equity strategists, but those...

Govt not to renew agreements with IPPs, NA body told  

'Govt-owned power plants that are producing electricity on a higher rate will also be shut down within two years'

Oil falls after surprise US inventory build

NEW YORK: Oil fell about 1pc on Wednesday after a report showing US crude inventories grew unexpectedly last week and gasoline stocks surged,...