Relief rally drives PSX Index by 912 points WoWKARACHI: Pakistan Equities (KSE100) rose by 2.4% or 912 points WoW to close at 38,430. Average daily volume traded improved by 13%WoW to 199mn shares however most of it was concentrated in low-priced...
‘EETPL is a facility enabling the govt to procure/distribute LNG’ISLAMABAD: Clarifying misunderstandings in relation to the establishment of Pakistan's first LNG import terminal, the terminal, operated by Engro Elengy Terminal Pakistan Limited (EETPL), is a tolling...
US tariffs trigger WTO spat escalationChina, Russia and the European Union are among a string of countries asking the World Trade Organization to probe new US steel and aluminum tariffs, the world trade body said Friday. Washington is mea...
‘Vital to provide financial services to unbanked and underbanked people’It is vital to provide ample opportunities of financial service to unbanked and under banked people apposed to time taking domestic commercial banks procedures. It is service of a primary financial se...
MOL Pakistan starts work on Mardankhel 3 Gas Pipeline ProjectDays after the successful commissioning of Mardankhel 2 Well, MOL Pakistan has started work on Mardankhel 3, another mega gas pipeline project in Hangu, Khyber Pakhtunkhwa, which is expected to signif...
Lint price remains firm amid better grades in focus past weekLint trading remained better grade focused with flexible prices and buyers also made a month forward deals for better grades on slightly higher price during trading sessions past week, floor brokers s...
Dollar closes even in value versus domestic unitThe greenback closed flat against the rupee in interbank and appreciated in open market on demand by importers and corporate sector, said treasurers. The greenback closed at Rs 133.50 for buying and R...
Yellow metal price retains value on buying, short-term dealsDomestic and international gold prices averted any fall in value after short period buying on Gold Futures speculation on short and long term investment, metal traders said. Yellow metal closed at Rs...