The management of Engro Corporation Limited (PSX: ENGRO) today disclosed the financial result for 1HCY23, posting a consolidated profit after… Read More
Mutual Funds’ Assets Grow 40% In July Amid High Returns
The assets under mutual funds grew significantly by 40 percent in July year-on-year due to attractive profit rates of over… Read More
World Bank Rates $300 Million ‘Third Punjab Education Sector Project’ As Highly Relevant
The Independent Evaluation Group (IEG) of the World Bank has rated the “Third Punjab Education Sector Project” worth $300 million… Read More
Latest Petrol Bomb Fuels Inflation Fears in Pakistan
Pakistan’s inflation is expected to remain sticky beyond mid-August and into September on rising petrol and diesel rates, reigniting cost… Read More
Rupee Continues to Nosedive Crashing Below 294 During Intraday Trade [Updated]
The Pakistani rupee crashed below 294 during intraday trade today on Wednesday, its lowest-ever drop against the US Dollar since… Read More
Dollar Shortage Brings Key industries To Their Knees in Pakistan
Pakistan’s chokehold on its forex reserves may keep the rupee steady for now, but it is hurting local and foreign… Read More
Rupee Plunges As US Dollar Globally Hits Highest Level Since July, Brent Down
The Pakistani rupee fell 3rd day in a row against the US Dollar and slipped below 290 during intraday trade… Read More
Rupee Ends Week With Heavy Losses Against US Dollar
The Pakistani rupee fell 2nd day in a row against the US Dollar during intraday trade today after opening trade… Read More
The Disturbing State of Falling Remittances By Overseas Pakistanis
Remittances by overseas Pakistanis fell by 19 percent in July, according to figures released by the central bank on Thursday,… Read More
MSCI Adds 56 PSX Companies to Its Indices
Investment research firm and stock markets index provider Morgan Stanley Capital International (MSCI) has added 56 Pakistani-listed companies to its… Read More
Govt Has Utilized Nearly Half of the Budget Under ADB’s BRACE Program: Finance Division
The federal government has utilized 41.5 percent of the budget under the Asian Development Bank (ADB)’ “Building Resilience with Active… Read More
PSX Jumps In First Hour of Trade After MSCI Adds 15 Pakistani Stocks to Its Indices
The Pakistan Stock Exchange (PSX) rallied in the week’s last trading session as bulls took control of the market after… Read More
