Lucky Core Industries Limited (PSX: LCI) has penned a Share Purchase Agreement (SPA) with Lotte Chemical Corporation (LCC) for the… Read More
Rupee Crashes to New Low Against US Dollar After Losing Rs. 9.5 in 1 Hour
Dar-pegging is evidently out of the game now as the Pakistani rupee (PKR) tumbled 4 percent against the dollar in… Read More
Gold Prices Surge to Another All Time High in Pakistan
Gold prices in Pakistan surged to an all-time high on Thursday as the Pakistani Rupee plummeted by Rs. 24.54 against… Read More
PSX Jumps Over 1,200 Points During Live Trade, Closes Above 40,000 Amid IMF Talks
While the rupee crashed beyond 250 against the dollar today, the Pakistan Stock Exchange (PSX) witnessed a bullish trading session,… Read More
End of Daronomics As PKR Crashes to All-Time Low After Biggest Ever Single Day Drop
History has been made as the Pakistani rupee crashed to its lowest ever against the US Dollar during intraday trade… Read More
Mari Petroleum Posts Highest Ever Profit in First Half of FY23
Mari Petroleum Company Limited (PSX: MARI) has announced excellent financial results for the first 6 months of the fiscal year… Read More
Lucky Core Industries’ Profits Slump 44% During 2nd Quarter of FY23
Lucky Core Industries Limited (PSX: LCI) announced its results for the 2nd quarter/half year ended December 31st, 2022. The company… Read More
Privatization Commission ‘Forgets’ Etisalat’s Pending Dues of $800 Million From PTCL’s Sale
The Privatisation Commission (PC) Board endorsed a report on Wednesday showing receivables from privatization at Rs. 5.2 billion while it… Read More
Gas Shortage Coming? Pakistan Fails to Get LNG Cargo From Italy
Italy’s Eni SpA has failed to deliver February’s scheduled cargo of liquefied natural gas (LNG) to Pakistan LNG Limited and… Read More
US Dollar Price Rises by a Record Breaking Rs. 9 in a Single Day
The Pakistani rupee has fallen 6.32 percent during the first two hours of intraday trade today with the interbank rate… Read More
IMF Will Only Help Pakistan If it Passes Rs. 300 Billion Mini-Budget
The International Monetary Fund (IMF) has reportedly linked a team visit to Islamabad with the promulgation of mini-budget worth billions.… Read More
Honda Reports Minor Decrease in Profit Despite Big Sales Slump
Atlas Honda Limited (PSX: ATLH) has announced Rs. 1.408 billion profit for the quarter that ended December 31, 2022, depicting… Read More
Fate of Pakistan’s Exports Hinges On Global Recovery, Reduced Uncertainty: WB Economist
Pakistan’s trade numbers show an overall decline in the first half of the current fiscal year, and its export recovery… Read More
US Dollar Rate Likely to go From Bad to Worse If Supply Doesn’t Improve: Bostan
The US Dollar rate in the open market could get out of control if the greenback’s supply issues aren’t urgently… Read More
Rupee Plunges 26th Day in a Row After Exchange Companies Refuse to Sell US Dollars
The Pakistani Rupee (PKR) is slowly edging towards last year’s horrible lows against the US Dollar (USD) after falling for… Read More
