The board of directors has appointed Mr. Hussain Lawai as the Chairman of the Board of PSX. According t0 a… Read More
Three Pakistani Companies Removed from MSCI Global Small Cap Indexes
In a decision earlier this morning, Morgan Stanley Capital International in its semi year review has made some changes to… Read More
Pakistan’s Foreign Exchange Reserves Under Risk: Moody’s
Pressure on capital flows and the exchange rate continue to erode foreign exchange reserves and exacerbate external vulnerability for Pakistan,… Read More
Daily Stocks Report: Market Loses 1116 Points in Bloodbath
Pakistan Stock exchange benchmark KSE-100 witnessed a bloodbath of 1,116 points in intra-day trading on Monday over the political uncertainty,… Read More
Fire at Waves Factory in Lahore Causes Loss of Millions
A massive fire broke out in the production unit of the Waves Factory in Lahore on Friday, causing a loss of… Read More
UAE is Giving $100,000 in Grants to Pakistani Startups
UAE is inviting applications from around the world for $100,000 grant to businesses under its EXPO 2020 initiative.… Read More
Super Tax on Banks to Be Reconsidered for FY 2019: Miftah Ismail
Finance Minister Miftah Ismail on Wednesday assured the banking sector of revisiting super tax and other measures proposed in the… Read More
SECP Announces 7 New Independent Directors for PSX Board
The Securities and Exchange Commission of Pakistan (SECP) has selected seven new independent directors for the Pakistan Stock Exchange (PSX).… Read More
WTI Oil Prices Reach Their Highest Level Since November 2014
Oil markets held firm on Monday as a decision looms on whether the United States walks away from a deal… Read More
Escort Investment Bank To Enhance Its Financial Strength
The board of directors at Escort Investment Bank, a project by Bahria Town, has decided to enhance the authorized share… Read More
Political Limbo & Weaker Economy in Pakistan is Threatening the Best Stock Rally in Asia
According to a report by Bloomberg, the period of pre-election political limbo coinciding with an increasingly uncertain economic backdrop is forcing… Read More
Govt Reverts Decision to Exempt Tax On Salaried Income Below Rs 1.2 million
The government has revised the minimum taxable income threshold to Rs 0.4 million from Rs 1.2 million a year.… Read More
