Glaxo supplier Citi plans Pakistan’s largest pharma IPO
Citi Pharma Ltd plans to raise as much as Rs2.85 billion ($18 million) in potentially the biggest initial share sale by a...
Bitcoin steams to new record and nears $1 trillion market cap
LONDON/TOKYO: Bitcoin hit yet another record high on Friday, and moved within sight of a market capitalisation of $1 trillion, blithely shrugging...
PSX bleeds 625 points amid selling pressure
KARACHI: The Pakistan Stock Exchange witnessed a bearish trend on Thursday amid heavy selling, with the benchmark KSE-100 Index shedding 625.40 points...
Profit-booking drags KSE-100 down
KARACHI: Breaking its two-day winning streak, the Pakistan Stock Exchange (PSX) closed in the red on Wednesday, with the indices failing to...
Stocks extend rally with 492-point gain
KARACHI:Â The Pakistan Stock Exchange (PSX) continued to head north on Tuesday, with the indices accumulating gains all day long amid positive sentiments.
"Cement,...
Bulls stage comeback as index gains 567 points
KARACHI: Losing spree at the Pakistan Stock Exchange came to a halt on Monday after the benchmark index staged a spectacular rally...
Govt imposes advance tax on vehicles to discourage profiteering
ISLAMABAD: The federal government has imposed advance tax ranging from Rs50,000 to Rs200,000 on vehicles to discourage 'on money' culture in Pakistan.
In...
Healthy financial results may keep PSX in green next week
After the benchmark index of the Pakistan Stock Exchange (PSX) lost 1,097 points during the outgoing week, market gurus expect the bourse...
Stocks lose 247 points as selling pressure persists
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed another tug of war between bulls and bears on Friday, with the indices...
Stocks bleed 588 points on selling pressure; volume nears all-time high
KARACHI:Â Bears dominated the Pakistan Stock Exchange (PSX) on Thursday, with the indices trading negative for the most part despite volumes surging to...
PSX denies placing WorldCall Ltd on defaulters’ list
KARACHI: The Pakistan Stock Exchange (PSX) on Thursday denied the placement of Worldcall Telecom Limited (WTL) in its defaulters' segment.
"PSX has received...
Shares volume breaks 16-year record at volatile PSX
KARACHI: The Pakistan Stock Exchange (PSX) endured a volatile session on Wednesday, with the benchmark index failing to sustain gains despite a...
Stocks close flat in volatile trade
Investors preferred to take positions in O&GMCs, E&P and refinery sectors amid bull run in int'l crude prices; selling pressure observed in banking sector
Stocks shed 183 points on profit-taking
KARACHI: Pakistan Stock Exchange (PSX) endured a volatile session on Monday, with the indices failing to sustain early gains as investors adopted...
S&P 500, Nasdaq scale new highs on stimulus progress, job market rebound
NEW YORK: The S&P 500 and the Nasdaq hit record highs on Friday on signs of progress towards more economic stimulus, while...