Cotton arrivals fall 20pc to 8.54m bales 

LAHORE: As many as 8.547 million cotton bales reached the ginning industries across the country from February 1 till February 15, as compared...

PSX announces 14 market participants for Exchange-Traded Funds 

KARACHI: The Pakistan Stock Exchange (PSX) has announced 14 market participants for the upcoming Exchange-Traded Funds (ETF). These include Bank Alfalah, Bank Al-Habib,...

Punjab requests Centre to ban onion, red chilli exports

ISLAMABAD: The Punjab government has requested the federal government to impose a ban on the export of onions and red chillies. According to...

Engro Fertilizers’ profit increases 11.4pc to Rs18.56bn

LAHORE: The Board of Directors of Engro Fertilizers Limited (EFERT) met on Monday to review the company's performance and announce its financial results...

Stocks close flat in range-bound session

KARACHI: It was a dull start to the trading week at Pakistan Stock Exchange, as the incides kept trading within a narrow...

Nishat Mills’ profit plunges 40pc to Rs1.89bn

LAHORE: The Board of Directors of Nishat Mills Limited (NML) met on Friday to review the company's performance and announce its financial...

Zahidjee Textile Mills submits SOQ to acquire SME Bank Ltd

LAHORE: Zahidjee Textile Mills Limited recently submitted a Statement of Qualification (SOQ) to the Privatisation Commission (PC) to acquire 93.88pc shares of SME...

Bearish spell continues as KSE-100 loses 212 points

KARACHI: Bears further tightened their grip around the Pakistan Stock Exchange on Friday, as the indices failed to sustain gains accumulated early in...

Muhtashim Ashai to head Soneri Bank after SBP’s approval

KARACHI: Muhtashim Ashai has been named the president and CEO of Soneri Bank, according to an announcement by the bank sent to...

Sarmayacar bets on mobile gaming by investing in Revolving Games

With a decade of mobile game development experience in an exit prior to this, brothers Ammar Zaeem and Shayan Zaeem have formed...

Askari Bank reports 59pc surge in profit

KARACHI: The Board of Directors of Askari Bank met on Thursday to review the bank's performance and announce its financial statements for...

As others thrive, Soneri Bank posts meagre profits

KARACHI: The Board of Directors of Soneri Bank Limited on Thursday approved the annual audited accounts for the year ended 31 December 2019. The...

SBP reserves up $157m to $18.7bn

KARACHI: The total liquid foreign reserves held by the country stood at $18,735.4 million on February 7, 2020, according to data released by...

Pakistan’s deficit in services trade narrows 17pc in six months

ISLAMABAD: Pakistan's services trade deficit witnessed a decline of 17.46pc during the first six months of the current financial year (2019-20) as...

KSE-100 finishes in red, retreats 75 points

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a jittery session on Thursday, as the indices kept changing directions throughout the...