Bears keep control as index drops 285 points
KARACHI: Bearish trend continued at the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark KSE-100 index falling below the 39,000-mark.
Foreign investors...
Gold at a high as oil slips lower
KARACHI:Â Gold hit a seven-year peak as fear regarding coronavirus does not seem to be off the radar.
While gold saw safe-haven inflows, world...
FBR tightens noose around Karachi marriage halls
The Federal Board of Revenue (FBR) has squeezed the net around marriage halls in Karachi over tax evasion worth billions of rupees...
‘Very good ties’ with Pakistan; $3bn military deals with India
AHMEDABAD: United States (US) President Donald Trump on Monday appreciated Pakistan’s efforts for peace and expressed hope for a reduction in tensions in...
US company to manufacture biomedical equipment in Pakistan
LAHORE: For the first time in the country's history, a US biomedical engineering company would set up a manufacturing unit of biomedical...
Banks to remain open this weekend: SBP
KARACHI:Â The State Bank of Pakistan (SBP) has directed 13 authorised banks to keep all their designated branches in the country open from...
Bloodbath at PSX as index plunges over 1,100 points
KARACHI:Â The Pakistan Stock Exchange (PSX) had a forgettable start to the trading week, with the indices crumbling amid concerns over rising coronavirus...
Farrukh Hussain Khan assumes charge as PSX CEOÂ
KARACHI: Farrukh Hussain Khan assumed charge as Chief Executive Officer (CEO) of the Pakistan Stock Exchange (PSX) on Monday.
In a notification posted...
Pakistan Auto Show hosts symposium on industry’s future
The second day of Pakistan Auto Show 2020 hosted a symposium on the "Future of Automotive Industry" in the country.
The motive of...
Crown Group invests Rs2bn in electric vehicles plant
KARACHI:Â Crown Group has recently organized a market testing and sales display of its exclusive range of CROWN Electric Vehicles which includes two,...
Engro Corp’s consolidated profit rises 28pc
LAHORE: The Board of Directors of Engro Corporation Limited (ENGRO) met on Thursday and Friday to review the company's performance and announce...
KSE-100 loses 232 points amid dull activity
KARACHI:Â The Pakistan Stock Exchange (PSX) saw another lacklustre session on Friday, as investors opted a cautious approach ahead of the Financial Action...
Enablers collaborates with Payoneer to facilitate entrepreneurs
Enablers, the only Pakistani platform that helps you build Amazon FBA business, has collaborated with the global payments company Payoneer to make...
Replace or convert Rs40,000 prize bonds by March 31: SBP
KARACHI:Â The State Bank of Pakistan (SBP) has issued new instructions regarding the withdrawal of the Rs40,000 denomination National Prize Bonds.
In a statement...
MoC evaluates impact of coronavirus on Pak-China trade
'Although there are slight delays in shipments, normal trading activities are expected to resume in next 10 days'