Profit-taking at PSX, KSE-100 closes below 115,000
Selling pressure catches up with the market towards the end of the trading session
Pakistan’s crackdown on illegal dollar trade boosts remittances by 34%: Bloomberg
Crackdown on unofficial buying or selling of dollars helped the country get major forex-reserves support in the shape of higher remittances in first five months: report
Punjab Assembly approves massive salary hike for MPAs, ministers
Ministers' salaries rise to Rs960,000, Speaker from Rs125,000 to Rs950,000, Deputy Speaker from Rs120,000 to Rs800,000
FBR, CA firm clash over Rs1.8m sales tax deduction on audit services
Dispute arises over timing of tax implementation and delayed payments
Cabinet approves establishment of “national targeting centre” for border control
New agency to enhance anti-smuggling, trafficking, and risk management efforts
Govt to form National Digital Commission to boost digital infrastructure
Digital Nation Pakistan bill tabled in National Assembly; the commission will develop a five-year action plan to drive investment and resolve digital challenges, says IT ministerÂ
Foreign direct investment in Pakistan’s telecom sector drops 21% in FY24
Cellular mobile operators increased their share of investments, contributing $431 million in 2023-24, up from $396 million in 2022-23
SBP announces highly anticipated 200 bps policy rate reduction
Benchmark rate now at 13%, MPC believes rate cut will spur growth and ease inflation
Pakistan stock exchange hits record high; KSE-100 Index surges past 116,000
All eyes on MPC session as market eyes sharp rate cut
Bitcoin hits record high above $106,000 as Trump proposes US crypto strategic reserve
Investor sentiment also got a lift from the inclusion of MicroStrategy, bitcoin buyer, into the tech-heavy Nasdaq 100 index
Govt cuts diesel price by Rs3.05 per litre, keeps petrol unchanged
kerosene oil and light diesel oil see further cuts effective December 16.
Monetary easing, improving macroeconomic outlook boost equity investment appeal: report
Market ends volatile week with 5,248-point gain, up 5% WoW
Gobi Partners launches $50mn Techxila Fund II with BoP partnership to boost Pakistani startups
Initiative aims to strengthen entrepreneurship and drive innovation across fintech, e-commerce, and health tech sectors
Mari Petroleum overtakes OGDC to become largest company on PSX by market cap
Mari Petroleum’s market value rises to Rs984bn amid strong growth in hydrocarbons
Govt to terminate power agreements with six more IPPs
Move aims to save over Rs300 billion and reduce energy costs