Bears return to PSX as Index sheds 124 pointsKARACHI: Pakistan equities closed Tuesday lower after benchmark KSE100 Index met resistance at 44000. Market opened positive and touched a high of +215 points as institutional participation was witnes...
CDC launches eDividend repository for stock market investorsKarachi: Central Depository Company of Pakistan (CDC) has launched an eDividend Repository services to facilitate the process of eDividend. After the promulgation of the Companies Act 2017, it has bec...
Asian markets rally on hopes Trump will temper tariffs threatStock markets surged in Asia on Tuesday as shock over Donald Trump's controversial trade tariffs move gave way to hope that any measures will not be as bad as initially thought. The tycoon sparked fea...
Pakistan’s exports fell by 20 percent in last six years: WBISLAMABAD: A poor business environment, an overvalued exchange rate, relatively weak trade facilitation and infrastructure and lack of value chains inclusion in trade policy lead Pakistan's exports de...
Greenback closes flat in value versus domestic unitKARACHI: The greenback closed flat in value versus rupee on dull demand from corporate sector in interbank however lost value in open market. The policy of commercial banks to release greenback demand...
Better grade lint remains in focus amid firm physical pricesKARACHI: Better grades of lint remained in demand amid firm Karachi Cotton Association (KCA)'s spot rate during trading session. Buyers and sellers in Sindh and Punjab entangled in price war and deals...
Yellow metal price sustains firmness, hedging remains highKARACHI: Gold prices sustained firm trend in domestic and international market following improved demand from hedgers and leading investors. Yellow metal closed at $1,329 per ounce in international ma...
PTCL inks agreement with Netflix to provide online subscription video on demand to its subscribersKARACHI: Pakistan Telecommunication Company Limited (PTCL) has inked an agreement with Netflix, the world's leading online entertainment company, to provide Netflix Gift subscriptions for 6 months to...