Market Daily: KSE 100 continues southbound, drops 90.86pts
LAHORE:Â Taking its inspiration from the previous session, the 100 Index on Thursday, continued its southbound journey, falling 90.86 points to 45387.77, as...
CCP concludes open hearings on issues related to real estate sector
KARACHI:Â The Competition Commission of Pakistan (CCP) concluded three open hearings on the real estate sector in Pakistan to give an opportunity to...
P&G to buy Merck’s consumer health unit for $4.2 billion
OHIO: Procter & Gamble (P&G) has agreed to acquire Merck KGaA’s consumer health unit for 3.4 billion euros ($4.2 billion), giving it...
Karachi outages force Amreli Steel to cut production of rebars by 40 percent
LAHORE: Amreli Steels in a notification sent to the bourse Tuesday informed it was cutting down its production of rebars by 40...
Asian stock markets rise on improved optimism about the world economy
HONG KONG: Asian shares rose, and oil prices touched fresh multi-year highs on Thursday as improving optimism about the global economy helped...
Oil prices touch end-2014 highs, as Saudi backs higher prices
SINGAPORE: Oil prices rose on Thursday to their highest since the end of 2014 as U.S. crude inventories declined and as top...
Market Daily: KSE settles 323.10 points down amidst profit taking
LAHORE: Inertia from Tuesday helped stage a buoyant open as the KSE 100 index touched an intraday high of 46,004 (0.44 per...
FBR to miss revenue collection target by a wide margin
ISLAMABAD: The Federal Board of Revenue (FBR) has not been able to achieve the revenue target it set for the current Fiscal Year 2017-18,...
OICCI urges govt to reduce cooperate tax to 25pc in fiscal year 2018-19
ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the government to reduce cooperate tax to 25 per cent in the...
ISL posts highest quarterly sales at Rs12.6bn, up 32pc YoY
LAHORE: International Steels (ISL +0.32 per cent) in a notification to Pakistan Stock Exchange (PSX) on Tuesday, released its financial results for...
Market Daily: KSE 100 recovers as results season starts
LAHORE: Indices at the Pakistan Stock Exchange (PSX) took a turn for the better as investor sentiment was positively fueled by speculations...
PRGMEA shows concerns over duty drawback of taxes 2017-18Â
KARACHI: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chairman Central, Shaikh Mohammad Shafiq has expressed grave concerns about the decreasing trend...
Fauji Cement posts Rs854.3mn profit for Q32018
LAHORE: Fauji Cement Company Limited (FCCL) Â in a notification to the Pakistan Stock Exchange (PSX) on Tuesday, released financial results for the...
Petroleum sector makes waves, OGDC wipes 112pts
LAHORE: The oil and gas sector made waves at Pakistan Stock Exchange (PSX) throughout the day as the Oil & Gas Development...
Market Daily: KSE 100 drops 389.62pts to selling, political pressures Â
LAHORE:Â The KSE 100 index dropped a whopping 389.62 points, and settled at 45682.24 on Monday. Off to a rocky start once again...