Business

May place PSX in Frontier Markets Index; announce final decision on Sept 7

Spokesperson says more discussions needed about Pakistan's fiscal spending plans, structural reforms

Benchmark index rises 0.13% to settle at 47,962.54 points

Drawdown in US inventories, accelerating German economic activity support crude prices

Decrease comes due to external debt repayments

Oil tankers association demands 50% quota in ‘White Oil Pipeline’

Canadian digital asset manager seeks to raise $200m in offering

Minister for energy-efficient appliances

Rupee weakens against dollar

Joint border markets will be set up at Mand, Gabd and Chedgi

Can maker secures maximum allowed price of Rs49 per share

Capital to be injected into plant upgrades, deep-conversion refinery

Could not take decision on removing two companies from active privatisation list

Pakistan among cotton growing countries facing extreme weather risks

Draft policy sparks controversy as it seems to favour importers over local producers

Benchmark KSE-100 index falls 86.44 points to settle at 47,900.70

Brent crude has gained more than 45% this year, supported by OPEC supply cuts

IHS forecasts that with 6% growth this year

PM aide says under PM’s agri plan we will completely eliminate soybean imports

The company plans to sell about 26.7 million shares priced between $21 and $24 per share

Closes at Rs158.1 in the inter-bank market

Says hike in gas prices will lead to closure of filling stations

World’s largest cryptocurrency falls to $28,600, its lowest since early January

Spike comes due to no lockdown restrictions on essential services

As Covid spread, countries created green lanes for cross-border food transport

Law will help regulate mining sector, remove bottlenecks

Country may face energy crisis if Engro LNG terminal goes on dry-docking after June 30

Economic Affairs Division secretary was picked from panel of six bureaucrats

Benchmark index falls 25.38 points to settle at 47,987.14

Cryptocurrency dipped nearly 30% last week, almost wiping out gains for the year-to-date

OPEC+ in discussion on gradual increase of oil output from August

Senate panel criticises board for sending notices with fine surpassing sales

Minister claims growth of circular debt has been reduced by Rs200b this year

Stress on automation of organisation to curtail corrupt practices

Fear Pakistan’s exports will suffer if gas shortage persists

Falls as low as $32,094 to its lowest in 12 days, dragging smaller coins down

Aims to improve access to banking services, provide jobs for people with disabilities

Currency depreciates in inter-bank market as IMF delays sixth review

Desires to enhance footprint in Pakistan through innovative products

Seeks cabinet’s approval to pledge major airports and road network as collateral

CCI also gave nod to launching a joint operation against electricity theft and recoveries

Pakistan’s tobacco sector presents a suitable target for the country’s tax collection goals

Benchmark KSE-100 index falls 0.47% to settle at 48,012.52

Crude oil also drawing support from forecasts of limited growth in US oil output

Falls as low as $32,094 to its lowest in 12 days, dragging smaller coins down

CPPA-G criticises capacity expansion plan due to its negative impact on tariff

Pakistan has adopted ambitious strategies for reversing decline in natural capital

Flexible labour markets, less regulatory burden, better infrastructure will attract investors

Strategy must be truly responsive to exploit export opportunities in global markets

To rein in inflation, govt needs to ensure stable exchange rate, steady money supply