Asian markets ride positive wave on hopes for trade resolutionAsian markets rose Wednesday as tit-for-tat tariffs by China and the United States were considered lighter than feared, while there are hopes the two sides can eventually hammer out a deal to avert an...
PSX Index gains 82 points amid range-bound tradingKARACHI: The KSE-100 movements Wednesday were reflective of a seesaw, where the local bourse juggled between green and red, making an intraday low of -137 points, and an intraday high of +119 points....
PSX recomposes KSE-100 IndexKARACHI: The Pakistani Stock Exchange (PSX) has re-composed its benchmark KSE-100 Index, replacing five companies on the basis of their market capitalisation and sector value, according to a notificat...
Oil prices steady as concerns about producer output outweigh US stockpile gainOil prices were steady on Wednesday as concerns that producers will not be able to respond to a shortfall in supply once US sanctions on Iran are enacted outweighed a gain in stockpiles in the United...
SECP holds awareness sessions in Lahore, Peshawar on AML/CFT obligationsIn order to sensitize the not-for-profit organizations (NPOs) about the regulatory framework on anti-money laundering and countering financing of terrorism (AML/CFT), the SECP has expanded its outreac...
Hike in gas tariff will collapse local tile industry: APCTMAAll Pakistan Ceramic Tiles Manufacturers Association (APCTMA) pleaded the government to withdraw increase in gas price, saying the hike in tariff will make locally produced tiles uncompetitive in loca...
Buying at lint market remains selective, grade issue hampers volumeCotton trading in Sindh and Punjab stations remained selective on grade issue while buyers made deals in second grade of cotton on higher rates besides buying volumes remained moderate. The ginning un...
Yellow metal price sustains firmness on hedging, Futures speculativeInterest from potential buyers and hedgers kept gold price firm besides hedging and composite gold Futures and speculation on output in international and domestic market kept yellow metal future deals...
PM to chair CCI meeting on 24thPrime Minister Imran Khan will preside over a meeting of the Council of Common Interests (CCI) on September 24. The CCI meeting scheduled to take place at 11:30am at the PM's Office will be attended b...