Topline Research has projected fertilizer firms earnings to decrease by 20% YoY due to lower other income coupled with higher selling cost. On sequential basis, profits are down by 14% QoQ due to aforementioned reason coupled with lower taxation charged recorded in 2Q2025. Urea offtake is expected to increase by 21% YoY and 48% QoQ…
ISLAMABAD, Oct 13: The Federal Government has appointed Justice (R) Muhammad Junaid Ghaffar, former Chief Justice of the Sindh High Court, as the new Chairman of the Competition Appellate Tribunal (CAT) — the statutory body mandated to hear appeals against orders of the Competition Commission of Pakistan (CCP). Justice Junaid Ghaffar succeeds Justice (R) Sajjad…
Pakistan Stock Market on Monday closed at 158443.42 after losing 4654.77 points or 2.94% due to cross border tensions with Afghanistan. The market came under sustained pressure as bearish sentiment gripped investors throughout the session. The benchmark KSE-100 Index experienced a sharp selloff, plunging to an intraday low of 157,678 points — marking a steep…
Former caretaker federal minister Gohar Ejaz has said that doors of bilateral investment between Pakistan and Saudi Arabia are opening, emphasizing the need to enhance the two-way business volume between the two brotherly countries. He expressed these views while hosting a luncheon in honor of Saudi Prince Mansour bin Mohammed Al Saud. The event was…
ISLAMABAD — The Pakistan National Shipping Corporation (PNSC) has moved to fast-track its vessel procurement process following directions from Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry, as part of efforts to expand the national fleet to 30 ships by 2026. During a detailed briefing in Islamabad on Friday, the PNSC management informed the…
Silver Prices in Pakistan witnessed a major hike on Friday and went up to Rs 5100 per tola registering a hike of Rs 34. The price of 10 gram 24kt silver increased by Rs 29.42 to Rs 4372.42. The silver price in international market was also up and stood at $50.13.
Stock market started bleeding in the opening hours of trading on Friday but it recovered in the mid-day trading. However, ends by losing 1431.61 points or 0.88 percent to 163098.19. KSE 100 Index declined by -3.48% on WoW basis, this pressure during the outgoing week can be attributed to: news during the start of the…
Silver Prices in Pakistan increased by Rs 82 to Rs 5066 per tola in line with fluctuation in global market prices. The price of silver in international market was also up $.082 to $49.62. This had also led to hike in prices of silver in Pakistan. The price of 10 gram 24KT silver also witnessed…
Government introduces Turtle Excluder Devices to safeguard marine life and restore access to U.S. shrimp export market. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced the launch of a PKR 90 million initiative aimed at protecting sea turtles during shrimp trawling operations, as part of broader efforts to sustain marine biodiversity and…
The Pakistan Stock Market closed at 164530.8 after losing 735.94 points, registering a decline of 0.45 percent on Thursday. After bleeding for last couple of days due to profit taking, Pakistan Stock Market on Thursday morning had recovered in opening hours of trading. But it started bleeding after mid day trading which continued at closing…