Legal cigarette sales decline 7.4% in 2017: Oxford Economics
According to the report, actual government revenues were estimated to have increased by 8.3 per cent in fiscal year 2017/18, underpinned by an acceleration in legal domestic sales, which rose by an estimated 73.9% over the same period
Finance ministry will send summary to PM for SECP top slot
There are three candidates vying for the permanent chairmanship of the SECP which include SECP Commissioner, Shozib Ali, Farakh Sabzwari and Aamir Ali
IPO proceeds in 2018 plunged by 49% to Rs4.8 billion
AGP Pharmaceutical, one of the largest companies in the country’s pharmaceutical sector via its offer for sale (OFS) collected 65% of total raised capital during 2018
Oil slumps three percent, near lowest in a year as stock markets sink
OPEC and other oil producers including Russia agreed this month to curb output by 1.2 million barrels per day (bpd) in an attempt to drain tanks and boost prices
Dollar drops to one-month lows on questions over U.S. growth
The dollar fell 0.8 percent against its rivals to 96.258, its lowest level in a month
Markets suffer worst year since global financial crisis
LONDON: Traders will be glad to see the back of 2018. Nearly $7 trillion has been wiped off world stocks, emerging markets...
Stock market ends in green, breaks three-day losing streak
KARACHI:Â The Pakistan Stock Exchange (PSX) ended its three-day losing streak and closed the session in green on Thursday. Indices moved uphill as...
Govt tells IMF it may levy federal excise duty on domestic and imported cars
With a blend of new taxes and rupee devaluation, the tax collection could increase to Rs4.5 trillion during the current financial year, Rs5.8 trillion by June 2020 and Rs7 trillion by June 2020, respectively
Govt willing to levy Rs190 billion additional taxes in exchange for IMF bailout
Besides these additional Rs190 billion revenue measures, the authorities have suggested that quasi-fiscal losses will be slashed by Rs380 billion during the current financial year
SECP asked to remove regulatory hurdles in financial services market
ISLAMABAD:Â The policy board has instructed the Securities and Exchange Commission of Pakistan (SECP) to consider a substantial reduction in fees in order...
PSX remains dull despite positive economic indicators
KARACHI:Â After bloodshed for the most part of the day, Pakistan Stock Exchange (PSX) ended the session on Wednesday in red. Although indices...
Gold prices shoot up to historic high at Rs67,800 per tola
Gold prices shot up to an all-time high of Rs67,800 per tola (11.66 grams) in Pakistan, taking cue from the uptrend in...
PSX drops another 193 points in triggerless trade
KARACHI: In the absence of positive triggers, the Pakistan Stock Exchange (PSX) continued with its downward streak on Tuesday. Market participation remained...
SECP employees sensitised on Malaysian capital market
ISLAMABAD: The Securities and Exchange Commission of Pakistan's Investor Education Department on Monday organised an in-house session on ‘capital market framework in...
PSX sheds 276 points amid lacklustre trading
Overall volumes (66.83 million)Â fall by a massive 33 pcÂ
KARACHI:Â The trading floor of the Pakistan Stock Exchange (PSX) kept waiting for investors...