The milestone of consecutive bull run for eight years for Pakistan’s stock exchange finally ended, as the PSX index posted… Read More
Petroleum Prices See Record Hike in One Month
Petroleum prices have been revised to record level as the federal government decided to increase petrol (RON 92) to Rs.… Read More
Summit Bank Outlines Backup Plan for its Merger with Sindh Bank
Summit Bank Limited will receive additional funds from a major sponsor, Suroor Investments Limited, to improve its financial standing in… Read More
Investors Can Now File Complaints and Requests with SECP’s Mobile App
The Securities and Exchange Commission of Pakistan launched mobile application to further enhance its public service to investors. With the… Read More
Crude Oil Surges Past $70 Over Iran Oil Sanction Fears
Crude oil extends gains, surges past $70 for the first time in more than a month, after US officials says… Read More
Pakistan Receives $10.4 Billion in Foreign Loans in 11 Months of FY 17-18
The country provisionally received $10.448 billion of foreign assistance in first eleven months (July-May) of the current fiscal year against… Read More
Govt Releases Rs 752 Billion for Several Projects Under PSDP
The government has released Rs 752.15 billion (75.14 per cent) including Rs 182 billion foreign aid for different development projects… Read More
SBP Launches Deposit Protection Scheme for Pakistani Bank Account Holders
All commercial and scheduled banks will have to deposit billions of Rupees into the Deposit Protection Corporation (DPC) in order to… Read More
Power Cement Finalizes $205 Million for Plant Expansion
According to media reports, one of the Pakistan’s leading cement producers, Power Cement Ltd has completed financing arrangements of PKR25… Read More
SBP Issues Rs 363 Billion in Fresh Currency Notes for Eid-ul-Fitr this Year
State Bank of Pakistan (SBP) issued a total of Rs. 363 billion in fresh currency notes ahead of Eid-ul-Fitr to… Read More
Leather Exports Rise by 8% in 11 Months of FY 17-18
Export of leather goods from Pakistan increased by 7.99 percent during the first 11 months of the fiscal year 2017-18… Read More
NetSol Closes Its UK-Based Joint Venture Subsidiary Company
In a notification sent to the bourse on Thursday, Netsol announced the merging of its joint venture subsidiary company –… Read More
