USC posts Rs100bn turnover for 2020
ISLAMABAD: The annual turnover of Utility Stores Corporation of Pakistan (USC) was recorded around Rs100 billion in the calendar year 2020 as...
Provinces directed to check hoarding, black marketing of essential commodities
ISLAMABAD: Finance and Revenue Minister Dr Abdul Hafeez Shaikh, while chairing a meeting of the National Price Monitoring Committee (NPMC) on Monday,...
Stocks extend rally with 251-point gain
KARACHI: The Pakistan Stock Exchange (PSX) continued to head north on Monday, with the indices accumulating gains all day long amid improved...
Oil steadies as surprise US stockbuild weighs
LONDON: Oil steadied on Wednesday after earlier losses sparked by an unexpected rise in US crude oil inventories, and as President Donald...
Stocks add 180 points in volatile session
KARACHI: The Pakistan Stock Exchange (PSX) endured a volatile session on Wednesday, with the indices swinging both ways in search of a...
Oil drops as new coronavirus strain revives demand fears
LONDON: Oil dropped towards $50 a barrel on Tuesday, adding to losses from the previous session, as a mutant variant of the...
British American Tobacco to move BPO operations from Malaysia to Pakistan
ISLAMABAD: British American Tobacco (BAT) has decided to move its 'shared services' operations from Malaysia to Pakistan, it was learnt on Tuesday.
BAT...
Stocks fall 426 points as selling pressure persists
KARACHI: Bearish sentiment continued to prevail at the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark index once again succumbing to...
Stocks bleed 406 points on crude plunge
KARACHI: The Pakistan Stock Exchange (PSX) started the week on a negative note, as equity markets around the world reacted badly to...
PSX honours three Pakistani companies for inclusion in Forbes ‘Asia’s Best Under A Billion’ list
ISLAMABAD: The Pakistan Stock Exchange (PSX) held a gong ceremony on Monday to honour the achievements of three listed companies based in...
Oil falls $3 as new virus strain prompts demand worries
LONDON: Oil prices tumbled by $3 on Monday, their biggest daily fall since June, as a fast-spreading new coronavirus strain that has...
Oil hits nine-month high above $52 as vaccine rollouts support
LONDON: Oil hit a nine-month high on Friday and was headed for a seventh straight weekly gain as investors focused on the...
BOP becomes market maker for debt securities on PSX
The Pakistan Stock Exchange (PSX) held a gong ceremony to welcome The Bank of Punjab (BOP) onboard as a market maker for...
Sri Lanka reverses decision to increase domestic tax on Pakistani kinnow
ISLAMABAD: In a positive development that will further promote and enhance Pak-Lanka bilateral trade, the Sri Lankan government has reversed its decision...
KSE-100 retreats, gives in to selling pressure
KARACHI: The Pakistan Stock Exchange (PSX) succumbed to selling pressure on Friday, with the benchmark index failing to sustain early gains and...