Real estate sector amnesty scheme aimed at legitimising black money
ISLAMABAD: In an apparent wish to have an amnesty scheme for investors in the real estate sector, builders and developers have enquired...
Market Daily: Sluggish yet green, KSE 100 gains 175 points
LAHORE: The Pakistan Stock Exchange (PSX) had a lazy trading session where the indices crawled up but volumes dropped down. Pakistan equities...
Senate committee recognises telecom sector‘s contribution
ISLAMABAD:Â The Senate Standing Committee for Information Technology and Telecommunication has recently recognised the contribution of the telecom sector and appreciated the investment...
Pace Pakistan reaches settlement with Askari Bank, asks PSX to restore trading in its shares
LAHORE: A bourse notification filed by Pace Pakistan Limited (PPL) revealed it reached a settlement agreement with Askari Bank and the bank...
Asian stock markets ricochet from two-month lows
TOKYO: Asian stocks pulled further away from two-month lows on Tuesday, lifted by Wall Street’s extended rebound from last week’s steep fall,...
Oil prices rise, as global stock markets bounce back
SINGAPORE: Oil prices rose on Tuesday, lifted by a rebound in global stock markets that followed sharp falls last week.
U.S. West Texas...
Unintended outcome as food festival ends up attracting real estate investors
LAHORE: The recently held Coca-Cola Food and Music Festival – Coke Fest at Lake City Golf and Country club has surprisingly helped push...
Market Daily: PSX sheds 294 points, starts the week in red
LAHORE: Pakistan Stock Exchange (PSX) started yet another week in the red as indices kept shedding points from the very beginning. With...
Clover Pakistan to initiate due diligence for acquisition of Hascombe Business Solutions
LAHORE: A bourse notification filed Monday by Clover Pakistan Limited revealed its board of directors granted approval to initiate due diligence for...
ICI Pakistan’s soda ash expansion project starts operations
LAHORE: A bourse notification filed Monday by ICI Pakistan Limited disclosed phase I of its 150,000 tons per annum (TPA) expansion project...
Matco Foods concludes IPO, gets successfully listed on PSX
LAHORE: AÂ bourse notification filed Monday, Pakistan Stock Exchange (PSX) approved the application for listing and quotation of shares of Matco Foods Limited...
How bitcoin’s plunge may have been a precursor to market turmoil
NEW YORK: A volatile area of the market may have been a harbinger of the stock market's worst week in two years.
Fundstrat...
Eight signals to watch that the US stock rout is over
NEW YORK:Â Stock investors on Monday will be seeking to divine if the deepest weekly slide since January 2016 will continue or if...
IMF’s Lagarde says market swings aren’t worrying, but wants reforms
DUBAI: Sharp swings in global financial markets in the past few days are not worrying since economic growth is strong but reforms...
Abraaj claims to have gotten clean chit from KPMG
LAHORE:Â The Abraaj Group, one of the largest and most influential private equity funds in the developing world made headlines last week after...