PSX closes FY20 on positive note; benchmark gains 240 points
--Despite Covid-related volatility, KSE-100 records an appreciation of 1.53pc in FY20
--Fertiliser, cement and pharma sectors remain top contributors to the index
KARACHI: The...
SCCI urges govt to allow imports from Afghanistan
'Further delay may lead to disallowance of Pakistan's export to Afghanistan and Central Asian Republics'
11MFY20: Medicinal imports drop 12pc to 886m
Pakistan imported $55m worth of medicinal products in May 2020, as against the imports of $74.3m in April
’12-minute situation’: PSX condemns terrorist attack
MD terms terrorist attack 'an attempt to scare away investors from Pakistan', lauds security personnel for 'defusing the situation within no time'
Resilient PSX withstands terrorist attack; index gains 242 points
Despite an attack on PSX building earlier in the day, the index managed to accumulate decent gains to surpass the 34,000-mark
Rupee continues to slide despite foreign inflows
PKR falls 0.52 paisas to Rs168.1 against USD in interbank market
Attack on PSX thwarted, all four terrorists killed: Rangers
Trading was not halted and continued smoothly, responsibility for the attack was claimed by the Balochistan Liberation Army (BLA) on Twitter
‘Trade diplomacy’: Pakistan to gift mangoes to heads of states
'The initiative has a well-defined objective to further strengthen diplomatic relationships with friendly countries, besides introducing the fruit to new markets'
Business community resents ‘exorbitant hike’ in POL prices
--Lahore chamber fears an increase in cost of doing business; calls for reduction in petroleum taxes
--ICCI chief criticises timing of decision,...
SBP reserves fall below $10bn
KARACHI: The net foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $146 million to $9.961 billion during...
Oil slips towards $40 on record US inventories, Covid-19 fears
LONDON: Oil slipped towards $40 a barrel on Thursday after a more than 5pc fall the previous session, as record-high US crude...
Stocks fall 325 points as selling pressure persists
KARACHI: In line with the downtrend witnessed in global stock markets, the Pakistan Stock Exchange (PSX) remained in the negative territory throughout...
Covid cut: SBP slashes interest rate to 7pc
--This is the fifth rate cut since coronavirus pandemic hit the global economy, with total reduction being 625bps in the last 100...
SBP sells Rs112bn worth of PIBs
KARACHI: The State Bank of Pakistan (SBP) has raised Rs112 billion through the sale of Pakistan Investment Bonds (PIBs), according to a...
Gold price jumps Rs2,000 to 105,100 per tola
Price of 10-gram gold reaches Rs90,106