PSX drops slightly after jumping over 7,000 points amid optimism over potential de-escalation in the region At the close of trading, the KSE-100 index was at 6,768.25, or 4.35%, to 155,511.56. It climbed to 7,461.58 points, or 4.78%, to 156,204.89 at around midday KARACHI ( Web News) The Pakistan StockRead More →
PSX starts week in the red as investor cautious amid Middle East tensions PSX opened lower as Middle East tensions hit investor sentiment, dropping 1,180 points; Asian markets mixed, oil prices high, while Strait of Hormuz coalition offers cautious optimism KARACHI ( Web News ) The Pakistan Stock Exchange (PSX)Read More →
Record Surge in Stock Market: 100 Index Reaches 116,466 Points Karachi (Web News) The ceasefire between Pakistan and India, along with the military superiority demonstrated by Pakistan’s armed forces, has had a positive impact on the country’s economic outlook. On Monday, the Pakistan Stock Market witnessed a record surge asRead More →
The bearish trend in the Pakistan Stock Exchange has intensified further with the benchmark 100 Index recording a historical decline of 4,795 points. Over the past three days, the stock market has witnessed a drop of over 10,000 points. KARACHI ( WEB NEWS ) After a bill regarding strict measuresRead More →
Bilateral agreements expected after PM’s visit to Saudi Arabia are a positive trend. ISLAMABAD ( Web News ) President Federation of Pakistan Chambers of Commerce and Industry Atif Ikram Sheikh while reacting to the foreign historic investment in the stock exchange said that the investment of foreign investors in theRead More →
Successful Completion of Initial Public Offering & Listing of BankIslami Ehad Sukuk II. LAHORE ( Web News ) BankIslami is pleased to announce the successful completion of the Initial Public Offering (IPO) and the listing of BankIslami Ehad Sukuk II. This perpetual instrument, with an issue size of PKR 1.0Read More →
Finance Ministry successfully completes important phase of reforms for development of domestic debt capital markets to make govt borrowing more competitive & transparent ISLAMABAD ( Web News ) Ministry of Finance has successfully completed the first and important phase of reforms for development of domestic debt capital markets to makeRead More →
Jubilee Life stands as the sole insurance company in Pakistan to bag the Top 25 Companies Award by PSX KARACHI ( Web News ) Mr. Farhan Faridi, Group Head, Retail Operations, Marketing and Administration at Jubilee Life Insurance receives the Top 25 Companies Award by Pakistan Stock Exchange from HonorableRead More →
CCP Approves Merger, Paving the Way for UDL International Limited’s Listing on Pakistan Stock Exchange ISLAMABAD ( Web News ) The Competition Commission of Pakistan (CCP) has granted approval for the merger of a listed company, M/s. First UDL Modaraba, with a public unlisted company, M/s. UDL International Limited. TheRead More →
PSE bounces over 2,446 points on the back of IMF deal Monday PSE witnesses the increase of 2,446 point in one day nearly after 15 months KARACHI ( Web News ) The Pakistan Stock Exchange (PSE) was witnessing a huge surge on Monday – the first working day after theRead More →
Some people like to give dates that Pakistan will default on so & so date — they should be ashamed: Ishaq Dar Says Pakistan has trillions of dollars of assets Says if we have external debts of 100 billion, we also have assets Says govt after presenting budget will comeRead More →
LAHORE ( Web News ) Experts call for investor education, removal of inter-corporate dividend tax and excessive regulations to develop capital markets in Pakistan. There is a dire need to simplify the regulatory framework, increase participation of retailer investors and encourage the formation of holding companies by removing inter- corporateRead More →