Power distribution firms (DISCOs) have asked the National Electric Power Regulatory Authority (NEPRA) to help collect additional Rs. 81.5 billion… Read More
PSX Witnesses Highest Net Selling By Foreign Investors in First Month of 2024
January witnessed a net selling of $35 million (January 1-30, 2024) by foreign portfolio investors. This is the highest net… Read More
Rupee Reverses Losses Against US Dollar After SBP Decision
The Pakistani rupee reversed losses against the US Dollar today after opening trade at 280 in the interbank market. It… Read More
PSX Crashes After Court Jails Ex-PM Imran Khan for 10 Years Just Before Elections
Bears held the Pakistan Stock Exchange (PSX) at gunpoint today with the benchmark KSE-100 index losing over 900 points in… Read More
Listed Banks Likely to Post 94% Profit Growth in 2023
Banks are likely to post an earnings growth of 72 percent YoY in 4Q2023, primarily driven by higher Net Interest… Read More
SBP Starts Process for Issuing New Currency Notes
The State Bank of Pakistan (SBP) has initiated the process of designing and issuing a New Banknotes Series of all… Read More
Pakistan’s Telecom Sector Shows Unprecedented Growth in 2023
The telecommunications landscape in Pakistan has experienced an unprecedented surge, as unveiled in the recent annual report by the Pakistan… Read More
APTMA Shares Ambitious Plan to Increase Yearly Textile Exports to Over $50 Billion in 5 Years
The All Pakistan Textile Mills Association (APTMA) has devised a new plan to increase Pakistan’s textile export manufacturing capacity from… Read More
Rupee Breaks 8-Day Win Streak But Stays At 279 Against US Dollar
The Pakistani rupee ended its 8-day winning streak against the US Dollar today after opening trade at 281 in the… Read More
PSX Crashes By Over 1,000 Points As Bears Pull KSE-100 Below 63,000
Red was the theme at the Pakistan Stock Exchange (PSX) today, with the benchmark KSE-100 index losing over 1,000 points… Read More
SBP Keeps Interest Rate Unchanged at 22%
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged… Read More
Profit Repatriation Jumps By Massive 245% in First Half of FY24
Foreign companies’ repatriation of profits and dividends rose to $750 million in the first half of financial year 2023-24, up… Read More
