Business
PSX 100 Index continues bleeding
The KSE-100 Index ended the session at 164,590 points, recording a decline of 1,962 points. The trading day remained notably volatile, reflecting mixed investor sentiment, as…
Business
Business
CCP Approves Acquisition of M/s FLSmidth Cement
ISLAMABAD, Oct 22: The Competition Commission of Pakistan (CCP) has approved the acquisition of M/s FLSmidth Cement by M/s Corsica Buyer ApS under a global Share…
Currency Rate
Pakistani rupee Continues to Gain
The Pakistani rupee made a marginal gain against the US dollar in the inter-bank market on Wednesday and closed at 281.05. State Bank of Pakistan said…
Business
Volatility Grips Market as Investors Book Profits on Strength
The local bourse experienced a highly volatile session today, oscillating in both directions throughout the trading day. The KSE-100 Index posted an intraday high of 816…
Business
Women Bank Accounts Rise Sharply Across Pakistan
Pakistan has recorded remarkable advancement in women’s financial inclusion since the launch of the Banking on Equality policy, introduced by the State Bank in 2021. The…
Business
Pakistan Plans $13bn ‘Sea to Steel’ Corridor to Revive PSM
Federal Minister for Maritime Affairs Junaid Anwar Chaudhry has announced an ambitious “Sea to Steel Green Corridor” project aimed at reviving Pakistan Steel Mills and saving…
Business
KSE 100 Index Closes with Positive Signs
The KSE-100 Index wrapped up the session on a strong footing, closing at 167,346 points after registering gain of 1,103 points. The market sustained its upward…
Business
NBP And NAB Partner on Cash Management Payment Portal
NBP at forefront of Digital Transformation towards cashless Banking in Pakistan, enabled National Accountability Bureau on Smartpay. The initiative has enabled fast, secure, and paperless transaction…
Business
Salaried Class Now Pays One-Third of Income Tax
The salaried class has emerged as major contributor in paying tax which accounts for around one-third of Pakistan’s total personal income tax (PIT) collection. It highlights…
Business
Bulls Charge Ahead as Ceasefire Boosts Investor Confidence
The week opened on a strong note as the bulls dominated the trading floor, propelling the benchmark KSE-100 Index to an impressive intraday gain of 2,615…