In Range-Bound Trading KSE-100 Increase 174 Points

KARACHI: The KSE-100 index extended gains on Friday and rose 174 points in range-bound trading. Bullish sentiment was led by an increase in foreign exchange reserves...

Maintains Surge Of Pakistani Rupee Against Dollar

KARACHI – The Pakistani currency further recovered its value against the US dollar in interbank and open markets on Friday. The local currency gained 2...

Banks permission receipts of warehouse as collateral for loans

KARACHI: As a major move towards addressing the challenge of access to financing, State Bank of Pakistan has amended its Prudential Regulations of Agriculture...

NEPRA rejected to per unit 2.97RS grow in tariff

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday refused to pass on Rs2.97 per unit increase to power consumers on account of monthly...

Investors put desire on China stimulus,Oil prices rise

TOKYO (Reuters) - Oil prices rose on Thursday as investors banked on more economic stimulus by China after weak PMI data, partly recovering from...

Today President of World Bank to visit Pakistan

ISLAMABAD: World Bank President David Malpass is scheduled to arrive in Pakistan on a two-day visit on Thursday (today) to hold talks with Pakistan...

In U.S. stockpile numbers oil prices edge lower ahead

TOKYO (Reuters) - Oil prices slipped on Tuesday as investors awaited U.S. crude inventory data for a pointer on oil demand trends, while concerns...

Start the work on Rashakai SEZ next month

ISLAMABAD: Work on the Rashakai Special Economic Zone –one of the China-Pakistan Economic Corridor (CPEC) projects – will be started next month. A sum of $130...

Russia confirm commitment to output cuts of Oil holds

TOKYO (Reuters) - Oil prices were steady on Monday, holding on to strong gains last week, after Russia affirmed its commitment to a deal...

Biggest ever Sukuk issue of PSX list

ISLAMABAD – Pakistan Energy Sukuk-I (PES-I) issue of Rs200 billion got listed at the Pakistan Stock Exchange (PSX). PES-I is the largest Shariah compliant...

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