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Rupee settles at 286.56 against dollar
Karachi: Rupee registered losses against dollar, depreciating 0.26 percent in inter-bank market. At close, domestic unit settled at 286.56, loss of 0.74 paisa as per State Bank of Pakistan. In open-market, dollar hit record level of 306 against rupee...
Bears dominate bourse, KSE-100 falls 404pts on selling
Karachi: Negative session was witnessed at bourse to mark start of week, as benchmark KSE-100 Index lost over 400 points while volumes declined. Volumes remained sluggish across board, with third-tier equities leading pack. At close, KSE-100 Index wa...
Prominent businessman Lootah calls on acting Gov Durrani
KARACHI: Abdullah Nasser Lootah Vice Chairman Nasser Abdulla Lootah Group, businessman from UAE and sponsor of Summit Bank called on acting Sindh Governor Agha Siraj Durrani. Board of Director Salman Fazli and President Summit Bank Jawad Majid Khan w...
PYMA appeals PM to continue subsidised electricity, gas tariff for saving industries from destruction
KARACHI: Sohail Nisar senior Vice Chairman Pakistan Yarn Merchants Association (PYMA) expressing deep concern over discontinuing gas concession package for textile sector by Oil and Gas Regulatory Authority (OGRA) appealed to Prime Minister Shehbaz S...
KSE-100 closes to 148pts amid low investor participation
Karachi: Pakistan Stock Exchange (PSX) KSE-1000 index recorded positive session and rose 0.35 percent in midst of low investor participation. By end of day, KSE-100 Index closed 148.18 points higher to settle at 42,241.98. Following brief upward open...
SMAP urges govt to register pink salt for GI tag
KARACHI: Ismail Suttar Chairman Salt Manufacturers Association of Pakistan (SMAP) urged government to speed up efforts to get pink salt registered as Geographical Indication (GI) tag product through Intellectual Property Organisation like Basmati ric...
Ghandhara Automobiles announces extension in plant shutdown
Karachi: Ghandhara Automobiles Limited formerly called Ghandhara Nissan Limited announced to extend shutdown of its production plant. Automaker shared development in its notice to Pakistan Stock Exchange (PSX). “As notified vide our letter Apri...
Rupee stablises, settles at 283.82 against dollar
Karachi: Rupee remained stable against dollar, settling with marginal improvement of 0.02 percent during trading session. According to State Bank of Pakistan (SBP), domestic unit closed at 283.82, an increase of 0.06 paisa. In key development, US Fed...
KSE-100 ends flat after roller-coaster session
Karachi: Pakistan Stock Exchange (PSX) KSE-100 index saw roller-coaster trading session and KSE-100 Index closed flat after volatile ride. Mixture of upside and downside pressures sparked mixed trading in market. By end of session, KSE-100 Index was...
Rupee value remains stable, settles at 283.88 against dollar
Karachi: Rupee remained unchanged against dollar, settling with marginal gain of 0.01 percent during trading session. According to State Bank of Pakistan domestic unit closed at 283.88, an increase of 0.04 paisa. Rupee registered marginal decline aga...
