Stocks close lower as investors book profits

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

Edible oil prices likely to increase amid supply constraints

ISLAMABAD: The prices of edible oil, another largely consumed kitchen item, are likely to increase due to shortage of supply from importing...

KP records up to 30pc increase in food prices within week

PESHAWAR: The prices of essential commodities including sugar, rice, ghee and pulses in Khyber Pakhtunkhwa (KP) have risen by 10 to 30...

Stocks breach 46,000 level on soaring activity

ISLAMABAD: The Pakistan Stock Exchange (PSX) witnessed another day of high investor participation, as volumes remained above 800 million for the second...

IHIG Pakistan plans to go public in 2022

KARACHI: International Hospitality Investment Group (IHIG) Pakistan, a subsidiary of IHIG UK, is all set to be the first hospitality and fractional...

Pakistan finally notifies GI rules to protect domestic products in int’l market

ISLAMABAD: After a lapse of around 18 years, Pakistan on Monday finally approved and notified geographical indication (GI) rules to protect its...

PSX snaps three-day rally on profit-booking

KARACHI: The Pakistan Stock Exchange (PSX) failed to sustain bullish momentum from the previous week, as the benchmark index, after crossing 46,000-mark...

PM approves digital system to monitor prices of essential commodities

ISLAMABAD: With an aim to digitally record prices of essential items, Prime Minister Imran Khan on Friday approved the Decision Support System...

SECP forms working group to develop private pension market

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has formed a Pension and Annuity Working Group (PAWG) to develop the private pension...

SBP warns public against dealing with illegal forex operators

KARACHI: The State Bank of Pakistan (SBP) has warned the general public against sale and purchase through illegal operators and transfer of foreign...

Oil set for weekly gain on Saudi output cut pledge

LONDON: Oil prices hit 11-month highs and were on track for a weekly gain on Friday, supported by Saudi Arabia’s pledge to...

Stocks extend rally with 309-point gain

KSE-100 gains 2.74pc in week, closes at 45,654.34 points

Crypto market cap surges above $1 trillion for first time

The total market value of all cryptocurrencies rose above $1 trillion for the first time on Thursday as Bitcoin surged to a...

Stocks add 191 points to overnight rally

KARACHI: The Pakistan Stock Exchange (PSX) carried on the northward journey on Thursday, with the benchmark index accumulating around 200 points despite...

Oil extends gains after surprise Saudi output cut

LONDON: Oil prices extended gains on Wednesday, rising to their highest since late February, after Saudi Arabia announced a big voluntary production...