Stocks retreat 100 points on profit booking

KARACHI: The Pakistan Stock Exchange (PSX) endured a volatile session on Friday, with the indices swaying both ways in search of a...

Bearish spell continues as benchmark index sheds another 366 points

KARACHI: The Pakistan Stock Exchange (PSX) continued with its bearish trend on Wednesday with the benchmark KSE-100 Index shedding 366.17 points (-0.8pc)...

Stocks extend losses in range-bound trade

KARACHI: Following the massive decline a day ago, the stock market extended its fall, though at a slower pace on Tuesday, with...

Stocks tumble 337 points as rollover week begins

KARACHI: The Pakistan Stock Exchange (PSX) witnessed all-round selling on first day of the trading week, with the benchmark index after registering...

PSX holds gong ceremony to mark listing of Panther Tyres Ltd

KARACHI: The Pakistan Stock Exchange (PSX) on Monday held a gong ceremony to mark the listing of Panther Tyres Ltd. The successful initial public...

Oil extends losses as Texas prepares to ramp up output

LONDON: Oil prices fell from recent highs for a second day on Friday as Texas energy firms began to prepare for restarting...

Stocks recover 84 points in range-bound trading

KARACHI: The Pakistan Stock Exchange (PSX) remained range bound on Friday with the KSE-100 index closing marginally in the positive amid selling...

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: 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...