Wednesday, July 6, 2022

PK-Economy

Video: UBL came under severe criticism from its account holders

The privatized bank UBL came under severe criticism from its account holders when it did not only blocked their accounts on the pretext of biometric process but even refused to clear their Cheques following completion of the process at...

NBFI and Modaraba sector contributed Rs 200 billion, ignored in SME concessional schemes: Raheel Q Ahmad

Chairman NBFI & Modaraba association Raheel Qamar Ahmad has said that the Non-Banking Financial Sector & Modarabas Sector is an active financier of SMEs and it has contributed over Rs 200 billion during the last ten years in the...

Eminent experts to present solution to energy crisis at POGEE 2019

Foreign exhibitors have offered many solutions for the energy problems in Pakistan here at the POGEE 2019, 17th Pakistan oil, gas and energy exhibition 2019 at Karachi Expo Centre. Many trade visitors have shown their interest to acquire ready solution...

KSE weekly review: Market sheds 448 points, likely to remain range bound

Weakness of the Pak Rupee against USD, unchanged Fitch’s rating and ongoing debate over the Federal Budget FY20 in the Parliament kept the domestic bourse in-check this week. Given lack of triggers and profit taking in large caps, the...

KSE-100 surges 129 points

As expected, FTSE rebalancing proved to be a non-event on Friday. Market remained positive throughout the session; however, the gains were limited. 100 Index went up by 212pts but ended +55pts (unadjusted) just before the roll-over week begins. Cement sector,...

KSE 100 recovers 339 points on rising crude prices

KSE 100 moved up on Thursday after sustaining losses for the past three sessions. E&P sector took cue from rising crude prices and were further helped by Iran’s taking down of US drone. Besides the positivity in E&P sector, Cement...

Pakistan: Gold price reaches historic high

Gold price in domestic market on Thursday recorded an increase of Rs 1800 per tola.  Gold price after day high closed at Rs 77300 per tola. 10 grams gold price jump by Rs 1542 to Rs 66272. Bullion rates...

PIA rose domestic airfares by 90 percent

Pakistan International Airlines (PIA) jacked up the fares for their domestic passengers. With the latest increase, the return ticket of Karachi to Islamabad bound flight is being sold at around Rupees 63,000. The Pakistan International Airlines is charging Rs 31,540...

PSX review: Stock market to remain positive in the upcoming week

This week trading commenced on a negative note in the stock market as the government unveiled missed targets for FY19 in the Economic Survey document along with arrest of Asif Ali Zardari (Ex-President) which resulted in the KSE-100 index...

Pakistani Rupee sheds 3 percent in a single day

US dollar on Friday jumped nearly three percent against the Pakistani rupee, reached an all-time high. As per details, the worth of the greenback increased by Rs2.80 in the interbank market to reach Rs156.80 against 154.00 on Thursday’s close. On Thursday,...

Latest News

Pakistan’s IT deleg meets over 50 Canadian IT companies in Toronto

The Consulate General of Pakistan, Toronto, arranged a networking event for the visiting delegation of ITC executives from Pakistan...
- Advertisement -