Business News ,Pakistan Stock market, Economic News, Financial News

Moody’s changes Pakistan’s outlook to negative from stable

Moody’s Investors Service on Wednesday while affirming Pakistan’s B3 rating, changed the outlook from stable to negative.

June 21, 2018
Published in Business

Finance Minister directs PSX to propose 5-year road-map for capital market

Caretaker Minister for Finance and Economic Affairs Dr. Shamshad Akhtar has directed Pakistan Stock Exchange (PSX) to form a committee to propose a five year roadmap for the development of Pakistan's capital market.

June 19, 2018
Published in Business

Fresh currency notes worth Rs360bn issued for Eid

As people seeks to collect crisp currency notes to distribute as Eidi, paper money worth Rs360 billion was issued across the country ahead of Eid-ul-Fitr.

June 17, 2018
Published in Business

Stock Exchange lands in green as KSE index gains 279 points

The Pakistan Stock Exchange (PSX) landed in the green on Wednesday after a see-saw session with the benchmark KSE-100 index gaining 279 points to close at 43,508 points.

June 13, 2018
Published in Business

Volatility in interbank market drives up US dollar to Rs121.50

KARACHI: The US dollar shot up to Rs121.5 in the interbank market after it closed at Rs119.84 on Monday.

June 12, 2018
Published in Business

Caretaker govt increases oil prices to Rs 4.26

Few days ahead of Eidul Fitr, the caretaker government on Monday has revised prices of petroleum products for the current month.

June 12, 2018
Published in Business

Pakistan Stock Exchange opens week on flat note

The Pakistan Stock Exchange (PSX) fell flat on Monday, with the benchmark KSE-100 Index losing a modest 17 points to close at 43,931 points.

June 11, 2018
Published in Business

US dollar reaches record high of Rs122 in interbank market

The US dollar hit a record high of Rs122 in interbank trading on Monday morning.

June 11, 2018
Published in Business

Bullish streak continues as KSE-100 index gains 442 points

Bullish streak at the Pakistan Stock Exchange (PSX) entered its fifth day on Wednesday as the benchmark KSE-100 index gained 442 points.

June 6, 2018
Published in Business

PSX remains bullish as benchmark index gains 434 points

The Pakistan Stock Exchange (PSX) continued its positive run on Tuesday, with the benchmark KSE-10 index gaining 434 points to close at 43,703.

June 5, 2018
Published in Business

PSX opens week on positive note as KSE index gains 355 points

The Pakistan Stock Exchange (PSX) opened the week on a positive note with the benchmark KSE-100 index gaining 355 points to close at 43,268 on Monday.

June 4, 2018
Published in Business

PSX managed to close in the positive as KSE gain 66 points

The Pakistan Stock Exchange (PSX) managed to close in the positive zone after a range-bound session saw the benchmark KSE-100 index gain 66 points in the last session of the week.

June 1, 2018
Published in Business

Petroleum Prices To Remain Unchanged Till June 7: Miftah

The government has decided to maintain the prices of petroleum products. In a statement Finance Minister Miftah Ismail said that existing prices will be unchanged till 7th of next month.

June 1, 2018
Published in Business

Petrol price likely to increase by Rs7.46 for June

The federal government is likely to hike the price of petroleum products for the month of June 2018 and the move will bring changes to the existing values.

May 30, 2018
Published in Business