Stocks suffer biggest-ever plunge of 2,534 points Index down 11pc from its peak on Dec 12. Updated 27 Dec, 2023 08:50am
Co-working space startup raises Rs200m The firm has also rolled out a new business model where it will serve as a property manager for landlords. Updated 05 May, 2024 04:56pm
Stocks outshine all asset classes in 2023 Research says benchmark of major shares listed on PSX gained 53pc, including dividends, in outgoing year. Published 24 Dec, 2023 06:29am
PSX posts its second biggest fall ever Leveraged traders liquidated their positions in large numbers on Tuesday and caused a downward spiral, says expert. Updated 20 Dec, 2023 08:03am
Millat Group keen on acquiring Hascol Hascol Petroleum has been in trouble since 2018 partly for making inaccurate entries in its financial accounts. Published 19 Dec, 2023 07:09am
‘Mobilise domestic savings to grow per capita income’ While urging SECP to limit itself to “light regulation", former SBP governor Dr Ishrat Husain calls for consolidation in the insurance sector. Updated 15 Dec, 2023 07:45am
FM Shamshad calls for privatising State Life Urges end to public sector dominance in life insurance. Updated 14 Dec, 2023 07:30am
‘Pakistan has no public disaster insurance plan’ SECP insurance division director also highlights there’s no public property insurance programme in place. Updated 13 Dec, 2023 08:53am
Will Sukuk auction on stock market ‘threaten’ Islamic bank deposits? As opposed to earlier practice where only commercial banks placed bids for govt debt, now general public can also make risk-free investments. Updated 10 Dec, 2023 09:44am
PSX to hold first-ever Sukuk auction today Expected to bring the interest or profit rate on the govt debt down. Updated 08 Dec, 2023 07:39am
Sui Southern Gas Company subsidiary to go public Process for “issuance of 33.3m shares” of SSGC LPG Ltd by means of an initial public offering (IPO) to be initiated at “any time in (the) future”. Published 07 Dec, 2023 07:31am
SBP launches P2M payments under Raast “Businesses should adopt digitisation to increase sales,” SBP's Syed Sohail Javaad says. Published 06 Dec, 2023 07:08am
Insurance player to get listed after reverse merger Reverse merger will allow TPL Insurance to become a publicly traded firm simply by acquiring controlling shares in a listed entity. Published 30 Nov, 2023 07:08am
Relentless PSX surges past 60,000 milestone Rally in stock prices witnessed since beginning of 2023-24 one of fastest in last two decades, analyst says. Published 29 Nov, 2023 07:11am
Islamic banks brace for minimum deposit rate Finance minister says SBP should review the issue of minimum deposit rate. Updated 28 Nov, 2023 07:37am
Economic optimism fuels PSX rally Analyst says KSE-100 index closed at all-time high as current account deficit for Oct decreased by 91pc. Published 26 Nov, 2023 07:03am
Cement maker completes biggest share buyback Lucky Cement completes second share buyback exercise representing 6.5pc of its paid-up capital at spot prices. Updated 22 Nov, 2023 08:18am
How the economic fortunes of ‘Partition’s children’ diverged Last decade of 20th century saw Pakistan lose steam while India and Bangladesh surged ahead, argues Dr Ishrat Husain in his latest book. Published 19 Nov, 2023 07:02am
SBP chief sees CAD below $100m in Oct KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad said on Friday the central bank is expecting the... Published 18 Nov, 2023 07:05am