Philip Morris (Pakistan) Limited (PMPKL) posted a Profit after Tax of Rs. 1.53 billion for the half-year ended June 2022.… Read More
Dollar Drops Below 220 Against PKR As UAE News and IMF Stimulate Markets [Updated]
The Pakistani Rupee (PKR) continued to strengthen against the US Dollar (USD) and posted massive gains during intraday trade today… Read More
Rupee Ends Week With Big Gains Against US Dollar Over Less Imports and Oil Drop
The Pakistani Rupee (PKR) maintained its positive growth against the US Dollar (USD) and posted big gains during intraday trade… Read More
Date Farmers Incur Rs. 2 Billion in Losses as Rains and Floods Ravage Balochistan
Rainfall on harvest-ready crops like dates is destructive, and this year’s spell of torrential rains and floods in Balochistan’s Makran… Read More
Mari Petroleum Records Highest Ever Profit of Rs. 33.1 Billion in FY22
Mari Petroleum Company Limited (MPCL) has announced excellent financial and operational results for the fiscal year 2021-22 (FY22) with a… Read More
Pakistan’s Eurobond Yields Significantly Down Across All Maturities
The yields on all the Pakistani Eurobonds declined globally for the second consecutive day on 4 August 2022 as clarity… Read More
Oil Prices Crash to 6-Month Low After Exporters Announce Production Boost
Oil prices fell on Thursday with Brent crude falling to a near 6-month low after the Organization of Petroleum Exporting… Read More
Rupee Gains Over Rs. 8 Against US Dollar As ‘Greedy’ Exporters Seek Cover [Updated]
The Pakistani Rupee (PKR) continued its resounding recovery against the US Dollar (USD) and posted massive gains during intraday trade… Read More
Foreign Investors Divest $31 Million from Bonds in July
Foreign investors divested a staggering amount of $31 million from the domestic bonds including treasury bills (T-bills) and Pakistan Investment… Read More
Rupee Posts Biggest Ever Single-Day Gain Against US Dollar After IMF News Pumps Markets
The Pakistani Rupee (PKR) maintained its positive growth against the US Dollar (USD) and posted record-breaking gains during intraday trade… Read More
UBL Is Now Ranked Below HBL In Terms of Profits
United Bank Limited (UBL) reported a profit of Rs. 11.8 billion in the first half of 2022 after a 20… Read More
81% Pakistanis Have Downgraded Their Lifestyle Due To Inflation: Survey
As many as 81 percent of Pakistanis have downgraded their lifestyles due to the crippling wave of inflation, according to… Read More
