Pakistan Stock Market continues bleeding and dropped by 674 points in opening hours of trading on Wednesday.
KSE 100 index dropped by 0.41 per cent at 9:45 am to 165499 points.
The companies which suffered included auto companies like Gandhara, Hinopak.
The Federal Board of Revenue (FBR) has reminded taxpayers that September 30 is the final date for filing income tax returns, urging individuals and businesses to make timely submissions. Officials said accurate declarations are essential to avoid penalties and ensure compliance. To support filers, the FBR has introduced a simplified tax return form aimed at…
The Pakistani rupee remained stable against the US dollar on September 17, 2025, but showed weakness against other major currencies, including the British pound and the euro. In the open market, the US dollar was being traded at Rs 282.9 for buying and Rs 283.70 for selling. The interbank rate was also steady at Rs…
Pakistan’s debt burden has reached alarming levels, with every citizen now owing Rs 318,252, according to latest estimates by the Economic Policy & Business Development Think Tank. Figures show that per-person debt has ballooned from Rs 90,047 in 2014 to Rs 318,252 in 2024 — marking an average annual growth of 13 percent. The country’s…
The Federal Board of Revenue (FBR) has intensified its monitoring of non-filers who use credit cards for regular shopping and high-value transactions. As per the official sources, more than two hundred thousand individuals have been identified making monthly purchases through their credit cards without filing tax returns. The tax authority has started collecting detailed credit…
Textile Exports increased to a record high of US$11bn in 7MFY22 up 25%. As per the data reported by the Pakistan Bureau of Statistics (PBS), Pakistan textile exports have witnessed a record 7MFY22 exports of US$11bn in FY22, up by 25% YoY. In PKR terms, the same has clocked in at Rs1,861bn, up 30% YoY…
KSE-100 Index Inched closer to 170,000 for first time on Friday during the second half of the trading session on Friday. Pakistan stocks had opened higher Friday during intra-day trading as the benchmark index hits a historic level following liquidity and investor confidence drove gains. The Pakistan Stock Exchange (PSX) opened on a strong note…