Asian markets mixed, pound stuck around 20-month lowAsian equities were mixed Tuesday as investor attempts to track gains in New York are weighed by a perfect storm of issues that have hammered global markets, while the pound remained stuck around 20-m...
PSX Index sheds 448 points on profit takingPakistan equities turned lower on Tuesday amid low volumes, closing down 448 points at 38,852. Day started on a bearish note as Investors opted to book profits after a steep rise on Monday as market r...
PTA chairman inaugurates Broadband project on Makran Coastal HighwayChairman PTA, Muhammad Naveed on Tuesday inaugurated the project "Seamless broadband coverage from Hub to Jiwani: Makran Coastal Highway" worth Rs759 million at a ceremony. In this connection, contrac...
May tours Europe in desperate bid to save Brexit dealEmbattled British Prime Minister Theresa May launched a tour of European capitals on Tuesday in a desperate bid to salvage her Brexit deal, a day after delaying a parliamentary vote on the text to avo...
BankIslami partners with Jubilee Life to introduce Referral Model for Takaful SaleBankIslami, one of the leading Islamic banks of Pakistan, recently signed the Referral Model agreement with Jubilee Life - Window Takaful Operations, the country's leading life insurance and Takaful o...
OPPO announces price of much-awaited ‘R17 Pro’ in PakistanOPPO, theleading global smartphone brand, had announced the launch of theirproduct under the globally hit 'R series', the 'R17 Pro'in Pakistan earlier this week. The price for the power packed device...
Demand for better grades remains higher amid firm physical price at Lint marketTrading remained selective on grade issue while buyers made deals for second grade stuff on premium price during trading at lint market, fibre traders said. Forward deals also changed hands for consol...
Greenback gains strength versus domestic unitThe greenback gained value in interbank and open market due to higher demand by corporate sector for payments abroad and on dull forex reserves. The greenback after trading at Rs 138.40 in value versu...
Gold Futures, speculation keep metal price in firm zoneYellow metal price in domestic and international market closed in upper bracket as leading stakeholders and hedgers kept manipulating ready-market physical prices, metal traders said. Hedgers made dea...