PSO profits decline 19% to Rs4,181m in 1st quarter FY19
PSO posted a gross profit of Rs10.91 billion in the first quarter of FY19, gross margins were recorded at 3.89% in the first quarter of FY19 against 3.55% in prior year
KSE-100 index surges 836 points during intra-day trading
LAHORE: The Pakistan Stock Exchange (PSX) continued its bull run as the benchmark KSE-100 index surged 836.12 points to 41,392.57 points on...
Oil dips as markets remain cautious on trade concerns
Front-month Brent crude oil futures were at $77.56 a barrel at 0430 GMT, 6 cents below their last close
Customs court directs recovery of Rs63m in evaded taxes
According to sources in the Customs, these three importers were regularly erroneously declaring the description of toys in the past to avoid payment of actual taxes on their imports
Bullish trend at PSX as index gains 5.5pc in week
LAHORE:Â The Pakistan Stock Exchange (KSE 100 Index) closed on a bullish trend on Friday having increased 2,126 points since the last week.
The...
PSX overcomes early tremors to gain 924 points
Index crosses 40,000 mark, ends week in green
KARACHI:Â The Pakistan Stock Exchange (PSX), which opened the day in negative, changed its course...
FFC posts Rs8.5bn PAT in nine months
The Fauji Fertilizer Company Limited (FFC) board of directors on Friday announced the financial results for the first nine months of 2018...
IMC posts profits of Rs3.508m, decline 3% YoY
The company’s topline recorded a growth of 12% YoY to Rs35 billion due to a volumetric growth of 2% YoY to 15,419 units
Bank Alfalah profits rise 21% YoY, touch Rs8.8b for nine months of 2018
Net financial income (NFI) grew by 9% YoY during nine months of the current year because of a healthy rise in foreign income
Asia stocks, S&P futures slide as investors flee risk amid growth fears
MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 1 percent, erasing tiny gains made in the opening hour and hitting its lowest level since February 2017
Oil prices drop as focus shifts to oversupply
Brent crude futures were down 51 cents, or 0.7 percent, at $76.38 a barrel by 0331 GMT. The global benchmark is on course for a weekly loss of over 4 percent
NAB widens investigation into lower tax collection from tobacco sector
The introduction of the three-tier tax system for the tobacco industry resulted in a massive fall in tax revenue collection of Rs33 billion, which is a major contributor to the public exchequer
Bullish run continues at PSX, index gains 360 points
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) saw another good trading session on Thursday with indices inching further up.
The trend of foreign...
Sterling trims losses after May’s party shows loyalty on Brexit
At 0815 GMT sterling traded up 0.2 percent at $1.29 and flat against the euro at 88.36 pence
Indian stocks fall to seven-month low tracking global rout
The broader Nifty and the benchmark Sensex fell 1.4 percent each, with losses seen across the board, and heading for the fifth session of decline in six