Asia markets tumble as dealers buffeted by negative issuesAsian markets sank Monday as investors juggle a number of negative issues that have fuelled worries about the global outlook. The China-US trade row, the Huawei crisis, signs of weakness in the Chines...
PM’s commitments breathe a relief rally for PSXPakistan equities closed on a positive note Monday with benchmark KSE-100 Index gaining 737 points to finally settle at 39,299 points, up 1.9 percent. Value hunting was observed across the board as in...
Hydrocracking-a solution to bring Pakistan’s oil refineries out of crisisAmid oil refineries' shutdown fear due to government's decision to switch to less costly RLNG from furnace oil (FO) for power production, the analysts have suggested that installation of a hydro-crack...
Retailers concerned over imposition of Sin taxHaji Mubeen Yousaf, President All Pakistan Cigarettes and Cold Drinks Retailers Association said here in a statement that the announcement by the Minister of Health to introduce Sin Tax is shameful an...
Overseas Pakistanis remit $9.02 bn in first five monthsOverseas Pakistani workers remitted $9,028.60 million in the first five months (July to November) of FY19, showing a growth of 12.56% compared with $8,021.18 million received during the same period in...
Buyers pay premium price for better grades of lint amid firm physical pricesBuyers made deals for better grades of lint on premium price amid firm physical prices during trading session at lint market, fibre dealers said. The Karachi Cotton Association (KCA) spot rate stayed...
Gold price witnesses correction on Gold Futures, hedgingYellow metal price in domestic and international market remained under technical correction as leading stakeholders and hedgers kept manipulating ready-market physical prices. Buyers made some deals o...
Dollar remains unmoved in value versus domestic unitThe greenback remained flat in value versus rupee in the interbank market on insignificant demand by importers, said treasurers. The greenback closed at Rs 138.40 for buying and Rs 138.60 for selling....