KSE-100 Index Loses 151 Points
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bearish session on Monday, with the benchmark KSE-100 Index shedding 151.25 points (-0.33 percent) to close at...
Oil Extends Rally On Supply Tightness
WEB DESK: Oil prices rose on Monday, with Brent crude futures at their highest in more than three years, as investors bet supply will remain...
Govt Releases Two Years Performance Report of KJP
ISLAMABAD: Government has set the target of disbursing loans worth fifty billion rupees under Kamyab Jawan Program this year to promote entrepreneurship amongst youth and...
Weekly Inflation Continues to Rise
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on January 13, for the combined consumption group, witnessed decrease of 0.43...
Lacklustre Activity Forces PSX to Close Flat
KARACHI: Trading activity remained lacklustre at the Pakistan Stock Exchange (PSX) on Friday, where the index traded in a narrow band closing flat ahead of...
Shaukat Tarin Defends Mini-Budget
ISLAMABAD: Responding to points raised by the Opposition regarding the Finance (Supplementary) Bill 2021, Finance Minister Shaukat Tarin said the government is trying to correct...
Govt To Be Responsible If Petrol Crisis Emerges: Shahbaz Sharif
Islamabad: Pakistan Muslim League-Nawaz (PML-N) president Shahbaz Sharif has said that if petrol crisis emerge than the government will be responsible for it. Expressing his...
Gold Prices Decrease Rs 300
Karachi: The price of 24 karat per tola gold decreased by Rs 300 and was sold at Rs 125,700 in the local market on Wednesday...
PSX Gains 35 Points
KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday crossed the 46,000 points level before declining in later trading sessions and ended the day with minor...
Basic Economic Indicators Kept Under Control Even In Times Of Pandemic: Reza Baqir
Karachi: Governor State Bank Reza Baqir has said that basic economic indicators of the country were kept under control even in the times of pandemic....
Govt Fully Cognizant Of Problem Being Faced By Masses Due To Inflation: Hammad
Islamabad: Minister for Energy Hammad Azhar has said that out of three hundred billion rupees taxes proposed in the Finance Supplementary Bill 2021, two hundred...
PSX Sheds Six Points To Close at 45,881
KARACHI: Investors of the Pakistan Stock Exchange (PSX) endured a volatile session on Tuesday, with the indices moving both ways in search of clear direction...
Gold Price Falls by Rs200 Per Tola
KARACHI: The price of gold per tola in the country has seen a slight decrease of Rs. 200 while gold has become more expensive in...
PSX Gains 541 Points
KARACHI: Pakistan stocks opened the week on a positive note, with the benchmark KSE-100 Index gaining 1.2%, and volumes improving substantially from Friday’s session. At...
People in Karachi Face Gas Shortage
Karachi: Due to the shortage of gas in the system of Sui Southern Gas Company, low pressure in most parts of the city has disturbed...
Country’s Economy Witnessing Strong Growth: PM
Islamabad: Prime Minister Imran Khan has said the country’s economy is witnessing strong growth and creating jobs. Profits of listed businesses grew 59% year on...
PKR Recoups Against US Dollar
KARACHI: The Pakistani rupee recouped some losses against the United States (US) dollar in the interbank currency market on Friday. According to the State Bank...
PSX Sheds 325 Points
KARACHI: Pakistan stocks came under pressure on Thursday as the benchmark KSE-100 Index closed in the red, losing 0.72% to end near the 45,000-point level....
Gold Prices Continue To Soar In Pakistan
KARACHI: Gold prices continued their upward trend in the domestic market as per tola rate of the precious metal witnessed an increase of Rs100 in...
PSX Gains 17 Points
KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday had a topsy-turvy trading session but end the end on a positive note with minor gains, a...
ECC Approves Import Of 50,000 metric tons of Urea
Islamabad: Economic Coordination Committee (ECC) of the Cabinet has approved import of 50,000 metric tons of Urea to fulfill needs of agriculture sector of the...
KSE-100 Index Crosses 45,000
KARACHI: The Pakistan Stock Exchange (PSX) extended its bull-run on Tuesday and jumped over 300 points as the market participants cherry-picked stocks, which had dropped...
NEPRA Okay’s Hike In Electricity Tariff For Karachi
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved an increase in electricity tariff for Karachi in terms of fuel adjustment charges. According to...
Sindh Considering Restrictions On Business, Owing To Increase In Omicron Variant
KARACHI: Amid rising cases of Omicron variant of COVID-19 in Karachi, the Sindh health department has mulled over restricting business hours and closing down schools...
NEPRA Likely To Increase Power Tariff For KE Consumers by Rs5.50/unit
ISLAMABAD: The electricity rates for KE consumers are expected to go by Rs5.50 per unit under fuel cost adjustments for three months. The hearing on...
Weekly Inflation Crosses 20pc
KARACHI: Weekly inflation inched lower after two weeks as prices of fresh vegetables dropped down, but high electricity and gas prices continued to burden middle...
Year 2021 Remained Challenging For PSX
KARACHI: The Pakistan Stock Exchange (PSX) — a benchmark for market performance — proved to be a lost battleground in 2021. The benchmark index, which...
LPG Prices Down By Rs5.90 Per KG
ISLAMABAD: OGRA had reduced the price of LPG by Rs5.90 per kg for January. Earlier, the LPG price was reduced by Rs 14.13 on December...
Petrol Prices Jacked Up By Rs4 Per Litre
ISLAMABAD: The government dropped petrol bombs on the people with the arrival of the new year. The price of petrol and high speed diesel has...
IMF Demand 17pc GST: Chairman FBR
ISLAMABAD: Federal Bureau of Revenue (FBR) Chairman Dr Muhammad Ashfaq on Friday said the International Monetary Fund (IMF) always wanted to “eliminate the flaws” in...
PKR Continued to Slide Against US Dollar in 2021
KARACHI: Pakistani rupee strengthened and remained on average at Rs152 against the US dollar till April this year. Since April 2021, however, the currency witnessed...
PSX Closes on Positive Note
KARACHI: The final trading session of 2021 was marred by volatile activity as the benchmark KSE-100 index kept climbing and dipping throughout the day. However,...
NEPRA Decreases Electricity Price For Last Three Months Of 2021
Islamabad: National Electric Power Regulatory Authority (NEPRA) has decided to decrease electricity by 99 paisa per unit. The NEPRA has given approval for adjustment in...
Gold Prices Continue To Increase in Pakistan
KARACHI: The price of gold in Pakistan increased by Rs100 per tola to Rs126,100 on Thursday. In the international market, the price of the precious...
Finance Bill, 2021 Presented In NA Amid Ruckus From Opposition and Ruling Members
Islamabad: The Finance (Supplementary) Bill, 2021 and State Bank of Pakistan (Amendment) Bill 2021 were introduced in the House today [Thursday] while the bill suggested...
Federal Cabinet Approves “The Finance Supplementary Bill 2021”
Islamabad: The federal cabinet has approved “The Finance Supplementary Bill 2021”. In a tweet on Thursday, Minister for Information and Broadcasting Chaudhry Fawad Hussain said...
Positive Trend Witnessed At PSX Today
Karachi: Pakistan Stock Exchange (PSX) on Thursday remained positive on fourth day of business. The market reached at 44, 502 after increase of 242 points....
PM Imran Taking Steps For Development of Down Trodden Segments: Shaukat Tareen
Islamabad: Minister for Finance and Revenue Shaukat Tarin says the government is making all out efforts for the social and economic development of the down...
Shaukat Tarin Chairs Meeting of NPMC
ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin has directed the provincial authorities to take appropriate measures to control sugar price in the local...
KSE 100-Index Gains 216 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Wednesday, gaining 216.37 points, with a positive change of 0.49 percent,...
Increase In Electric Charges Likely As CPPA Request NEPRA To Raise Electricity Prices
Islamabad: It is likely that a big raise in the prices of electricity in the country as a request has been made to fix per...
Govt Decides To Reconvene Federal Cabinet Meeting To Discuss Mini Budget
ISLAMABAD: The government has decided to reconvene the federal cabinet meeting tomorrow on the issue of approval of the mini-budget. According to sources, the government...
Gold Prices Rise By Rs100
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs 100 and was sold at Rs 126,200 in the local market...
SBP Decides To Keep Banks Open On Dec 30-31
KARACHI: The State Bank of Pakistan (SBP) decided on Tuesday (today) to keep the field offices of SBP Banking Services Corporation (SBP-BSC) and authorized branches...
Positive Trend Witnessed At PSX On Second Day Of Week
Karachi: Positive trend witnessed at Pakistan Stock Exchange (PSX) on Second day of business week. The market is being traded at 43, 956 after increase...
Gold Prices Fell By Rs50 Per Tola
KARACHI: Gold per tola fell by Rs 50 to Rs 1,26,100. On the other hand, the price of 10 grams of gold fell by Rs...
PSX Benchmark 100-Index Sheds 204 Points
KARACHI: Stocks struggled to find a floor on the first day of the future rollover week on Monday due to weak cues coupled with internal...
New Refinery Policy Is Being Finalized: Hammad Azhar
ISLAMABAD: Minister for Energy Hammad Azhar on Sunday clarified some ‘misconceptions’ about the availability and consumption of furnace oil (FO), saying it was ‘well stocked’...
PPP Expresses Concerns Over Gas Shortage in Country
ISLAMABAD: PPP has expressed serious concerns over the gas crisis in the country and have demanded the resignation of Federal Minister Hamad Azhar. Addressing a...
KSE 100-Index Sheds 148 Points
KARACHI: The Pakistan Stock Exchange (PSX) closed the week on a negative note as the bears and bulls locked horns to take charge of the...