Profit Outflow Falls 13.4% in First Two Months of FY27
Pakistan’s outflow of profits and dividends on foreign investments fell 13.4% during the first two months of FY27, declining to…
Finance
PSX Surges Nearly 1,850 Points on Strong Buying in Banking, Cement Stocks
The Pakistan Stock Exchange (PSX) maintained strong buying interest throughout the session, with the benchmark KSE-100 Index gaining nearly 1,850…
Stocks Stage Partial Recovery on Selective Buying
Topline Securities Ltd said the benchmark index rebounded on Thursday, gaining 1,021.40 points, or 0.67 per cent, to close at…
SBP Dismisses Rumours About Rs10 Banknote
The State Bank of Pakistan (SBP) has dismissed rumours circulating on social media about the alleged discontinuation of the Rs10…
KSE-100 rebounds strongly, surges 1,284 points
The KSE-100 index staged a strong recovery on Thursday, gaining 1,284 points after falling 1,370 points in the previous session….
Pakistan’s current account deficit narrows to $98m in August
Pakistan’s current account deficit (CAD) narrowed significantly in August, signalling an improvement in the country’s external balance, although a widening…
US Fed strengthens credibility, but hawkish stance keeps investors cautious
The US Federal Reserve raised interest rates on Wednesday for the first time since 2023, a widely anticipated move aimed…
How a US Fed rate hike could affect Pakistan’s economy
The US Federal Reserve’s decision to raise interest rates is aimed at addressing persistent inflation, which has been further aggravated…
PSX stages partial recovery as investors seek value opportunities
The Pakistan Stock Exchange (PSX) staged a partial recovery on Tuesday as investors made selective purchases following the sharp decline…
US Senate cryptocurrency bill fails to secure enough support
The Digital Asset Market Clarity Act failed to obtain the 60 votes required to advance to debate in the US…