Islamabad: Prime Minister Muhammad Shehbaz Sharif has expressed satisfaction over Pakistan Stock Exchange (PSX) 100 Index crossing a record high of 127,000 points on the first day of the new fiscal year. In a statement, he said the new fiscal year has begun with good news and a significant development
Islamabad: Pakistan Stock Exchange achieved another milestone on Tuesday and surpassed the psychological barrier of one lac twenty-seven thousand points during the trading. According to Radio Pakistan, the hundred index that closed at one lac twenty-five thousand six hundred twenty-seven (125,627) points on Monday reached one lac twenty-seven thousand six
Karachi: The latest figures released show slight changes in the foreign currency exchange rates in Pakistan. The rupee’s value against several major currencies exhibited minor fluctuations, reflecting the ongoing adjustments in the foreign exchange market. According to Exchange Companies Association of Pakistan, the US Dollar was valued at 284.83 for
Karachi: Junaid Naqi, President of the Korangi Association of Trade and Industry (KATI), has strongly opposed the federal government’s decision to increase gas prices for the industrial sector, bulk consumers, and the power sector from July 1st, labeling it as ‘disastrous’ for Pakistan’s struggling economy. According to Korangi Association of
Karachi: In a significant achievement, Standard Chartered Pakistan has been recognized with two prestigious awards in June 2025, acknowledging its exceptional contributions to diversity and inclusion in the workplace. The Employer’s Federation of Pakistan awarded the bank the Women Empowerment and Gender Equality Diamond Recognition Award, highlighting its commitment to
Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), announced that Mr. Syed Aftab Haider, CEO of Pakistan Single Window (PSW), visited Federation House to deliver a briefing and engage in a consultative session focused on the government’s initiatives to digitize and
Karachi: The Karachi Stock Exchange’s KSE100 index reached an all-time high, closing at 125,627.31, marking a significant daily increase of 1,248.24 points or 1.00%. The KSE30 index also saw a rise, ending the day at 38,153.79 with a gain of 238.06 points or 0.63%. According to JS Global, the market’s
Karachi: MARI Energies Limited (MARI) held its Analyst Briefing today to discuss its financial performance and outlook. To recall, the company reported standalone earnings of Rs46.3bn for 9MFY25, down 10% YoY, translating into an EPS of Rs38.56. The decline was primarily driven by lower volumes and higher royalty and additional