PSX registers second highest single-day gain By: APP on December 24, 2024The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 4,411.27 more points, a positive change of 4.03 percent, closing at 113,924.42 points as compared to 109,513.15 points on the last trading day. A total of 857,834,976 shares were traded during the day as compared to 754,917,969 shares the previous trading […]
SCCI president highlights CPEC as a game-changer for Pakistan By: APP on December 24, 2024President Sarhad Chamber of Commerce and Industry (SCCI), Fazal Moqeem Khan has termed the China-Pakistan Economic Corridor (CPEC) a game-changer for the economic and social development of Pakistan. Emphasizing its importance, he urged the government to allocate all necessary resources for the successful implementation of the project. Fazal Moqeem Khan expressed these views during his […]
Rupee sheds 15 paisa against dollar By: APP on December 24, 2024The Pakistani rupee on Monday depreciated by 15 paisa against the US dollar in the interbank trading and closed at Rs 278.56 against the previous day’s closing of Rs 278.41. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 278.10 […]
Gold prices remain unchanged at Rs273,400 per tola By: APP on December 24, 2024The price of 24 karat per tola gold remained unchanged at Rs 273,400 on Monday, All Sindh Sarafa Jewellers Association reported. The price of 10 grams of 24 karat gold and 10 gram 22 karat gold also witnessed no change and were traded at Rs 234,396 and Rs 214,863 respectively. The prices of per tola […]
SECP reasserts compliance by listed firms to publish gender pay gap data By: APP on December 24, 2024The Securities and Exchange Commission of Pakistan (SECP) has announced that despite extensive advocacy and engagement, the annual accounts of listed companies revealed very limited adherence to the gender pay gap disclosure requirements. SECP through Circular 10 of 2024 in April this year directed the board of directors of listed companies to disclose gender pay […]
Commerce minister, Kenya’s envoy explore new horizons in trade ties By: APP on December 24, 2024Federal Minister for Commerce, Jam Kamal Khan, and the Kenyan High Commissioner met Monday to explore new horizons in trade and regional cooperation. The discussions centered on leveraging Pakistan’s strategic location to serve as a gateway between Central Asia and the East African Community (EAC), with both sides expressing a strong commitment to deepening economic […]
Honda and Nissan to officially enter merger talks By: APP on December 24, 2024Japanese auto giant Honda and its struggling rival Nissan agreed Monday to launch talks on a merger seen as a bid to catch up with Chinese rivals and Tesla on electric vehicles. Their collaboration would create the world’s third largest automaker, expanding development of EVs and self-driving tech. But Honda’s CEO insisted that it was […]
Meezan Bank, Arif Habib Limited launch instant top-up service for investors By: pr on December 24, 2024Meezan Bank, Pakistan’s leading Islamic bank, and Arif Habib Limited, a leader in investment banking, have recently partnered to enhance the investor experience in Pakistan. The collaboration is marked by a Memorandum of Understanding (MoU) and the launch of an innovative Instant Top-up Service for investors. Mr. Shahid Ali Habib, CEO of Arif Habib Limited, […]
Banks to remain closed tomorrow By: APP on December 24, 2024The State Bank of Pakistan (SBP) has announced a bank holiday on December 25 (Wednesday) on the occasions of Quaid-e-Azam Day and Christmas. According to the notification issued here Monday, SBP offices, public/private banks and financial institutions will remain closed on Wednesday as declared by the government of Pakistan. SBP offices, public/private banks and financial […]
Pakistan-Romania business delegation meets Presidential Advisor to boost trade By: APP on December 23, 2024A delegation from the Pakistan Romania Business Council (PRBC) met with Legal Affairs Advisor to the President of Pakistan Justice (R) Irfan Qadir, at the President House on enhancing economic ties, ensuring justice for investors, and fostering bilateral trade. The PRBC delegation, including Chairman Sohail Shamim Firpo and Advisor and Chief Operating Officer Atif Farooqi, […]