PSX holds gong ceremony for first Shelf Registered Instrument issued by Bank Alfalah

KARACHI: In an encouraging development for the debt market of Pakistan, an innovative, new debt instrument has been issued and listed on...

Panther Tyres IPO oversubscribed by 4.4 times

Panther Tyres Limited successfully raised Rs2,632 million through a two-day book building process, which saw a broad-based participation from institutional and high...

Stocks snap three-day rally on profit booking

KARACHI: Pakistan Stock Exchange (PSX) snapped the three-day winning streak on Thursday, with the benchmark index failing to sustain gains amid profit...

Bull run continues as index gains 170 points

KARACHI: The Pakistan Stock Exchange (PSX) remained buoyant for the third day of the rollover week with investors lapping up shares mainly...

Stocks extend rally with 199-point gain

KARACHI: The Pakistan Stock Exchange (PSX) continued to head north on Tuesday, with the indices accumulating gains all day long amid significant rise...

KSE-100 up 219 points, regains 46,000 level

KARACHI: The Pakistan Stock Exchange (PSX) started the week on a positive note, with the indices accumulating gains all day long amid...

Oil down 2pc as China Covid-19 cases trigger clampdowns

LONDON: Oil prices fell on Friday, retreating further from 11-month highs hit last week, weighed down by worries that new pandemic restrictions...

Stocks drift lower, trapped in range

'Market activity remained range-bound as investors adopted a cautious approach ahead of monetary policy announcement'

Bulls stage comeback as index gains 307 points

KARACHI: After a lacklustre performance in the previous session, the Pakistan Stock Exchange (PSX) rallied on Thursday, with the indices posting gains...

ECC reduces tax on sugar import from 5.5pc to 0.25pc

Forum okays $35m additional funding to PIA; defers draft Textiles and Apparel Policy till next meeting

Stocks dip 226 points on selling pressure

‘The market turned negative mainly to redemption at mutual funds, which prompted selling activity in banks, E&Ps, power, cement and O&GMCs'

Stocks recover 176 points in see-saw trade

KARACHI: Pakistan Stock Exchange (PSX) ensured a volatile session on Tuesday, with the benchmark index recovering all losses accumulated in early trade...

Bears pull PSX down 204 points

'Profit booking mainly observed in exploration & production, fertilizer, oil & gas marketing, cement and banking sectors'

Oil falls as China lockdown, US unemployment data temper gains

LONDON: Oil prices fell on Friday as concerns about Chinese cities in lockdown due to coronavirus outbreaks tempered a rally driven by...

Stocks lose 58 points in range-bound session

KARACHI: Reminiscent of yesterday, the Pakistan Stock Exchange (PSX) endured another volatile session on Friday, with the indices swaying both ways in...