PSX holds gong ceremony to mark listing of EPCL preference shares 

KARACHI: A gong ceremony was held at the Pakistan Stock Exchange (PSX) on Thursday to mark the listing of preference shares of...

Local oil production dips 6pc in 2QFY21

KARACHI: Pakistan's oil production fell 6 per cent year-on-year (YoY) to 76,331 barrels of oil per day during the second quarter (Oct-Dec, 2020)...

Oil prices ease as pandemic outweighs Chinese and US data

LONDON: Oil prices dipped on Thursday as bullish signals from Chinese import data and US crude oil stocks draws were outweighed by...

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