Pakistan Oilfields earnings disappoint, profits increase by paltry 2.26 percent during July-December 2017
LAHORE: Pakistan Oilfields Limited on Wednesday announced its half-yearly earnings till December 31st, 2017, reporting an increase of 2.26 percent in profits...
Attock Petroleum profits dip 12.32pc for July-December 2017
LAHORE: Attock Petroleum Limited reported a 12.32 percent dip in profits for the half year ended 31st December 2017 on Wednesday.
Sales recorded...
Asian stock markets waver, as trade tensions rise
TOKYO: Asian shares were mixed on Wednesday, as Japan’s benchmark took a rest from a spate of recent jumps. Worries over a...
Oil prices drip, as US crude inventories rise
SINGAPORE: Oil prices fell on Wednesday, weighed down by data that showed an increase in U.S. crude oil and gasoline inventories.
Brent crude...
Security Investment Bank receives loan to bolster minimum capital requirement
KARACHI: A bourse notification filed by Security Investment Bank Limited (SIB) revealed it will be receiving funds in form of subordinate loan...
Mortgages escalate 250 percent during 1st quarter of FY 2017-18
KARACHI: Driven by low interest rates regime, State Bank of Pakistan (SBP) reported house financing loans registered a staggering rise of 250...
NA panel directs FBR to take revenue enhancing measures
ISLAMABAD: The National Assembly's Standing Committee on Finance and Revenue, on Tuesday, directed the Federal Board of Revenue (FBR) to take further measures to increase...
Market Daily: KSE 100 exhibits volatile behaviour, settles unchanged
LAHORE: The Pakistan Stock Exchange (PSX) took a breather on Tuesday but settled in the green. The benchmark KSE 100 index, which...
Govt import policies to put 0.7mn jobs at risk in the auto industry
KARACHI: Government’s policy of putting restrictions and eventually halting import of used cars will leave 0.6 to 0.7 million Pakistanis without employment,...
Govt constructs 13,000 km network of roads: Senate told
ISLAMABAD: Minister for Parliamentary Affairs Sheikh Aftab Ahmed Monday apprised the Senate that the government had constructed 13,000 km network of roads...
NADRA reduces microfinance verification cost under NFIS
ISLAMABAD:Â National Database and Registration Authority (NADRA), on the recommendation of Technical Committee on Insurance, formed under the National Financial Inclusion Strategy (NFIS),...
Dawood Hercucles to raise Rs13 billion from Islamic Sukuks
LAHORE: A bourse notification filed Monday by Dawood Hercules Corporation Limited (DHCL) revealed the company’s board had given go-ahead to raise Rs7...
Should you put Dalda in your portfolio?
On the surface, Dalda Foods looks like the kind of company that has characteristics investors would salivate over: the owner of a...
Pakistan cement exports down 11pc
LAHORE:Â Cement exports from Pakistan in December 2017 fell 11.3 per cent to 328,000 tonnes from 369,000 tonnes in the year-ago period, according...
Pakistan among the top ‘emerging’ importers of LNG
According to a Columbia University report, Pakistan is among the top ‘emerging’ importers of Liquefied Natural Gas (LNG).
The LNG supply surge that...