Business

The stock market index will gain 18 per cent to reach 11,500 points in the second half of the year.

The stock market witnessed a decline on Thursday, putting an end to a four-day rally.

The SECP has filed a criminal complaint in a court against Cliktrade Limited, a securities brokerage firm.

The Managing Director of PSO said the PSO would be a defaulter soon if Rs60b outstanding dues were not provided.

Investor interest in oil and fertiliser companies helped boost major indices at the Karachi Stock Exchange.

The State Bank of Pakistan (SBP) on Wednesday sold treasury bills worth Rs100.02 billion.

The trade deficit narrowed 10.6 per cent during financial year 2009-10.

Hinopak is planning to export buses and trucks to the Middle East and Africa to help reduce the country’s trade deficit.

Foreign investors bought stocks, especially in the oil sector, which helped the KSE-100 gain 135.58 points.

The FBR has agreed in principle to reduce the rate of tturnover tax imposed on distributors.

The benchmark KSE-100 Index gained 135 points on Tuesday and managed to elude any sort of bearish spree.

Investors remained shy of fresh investments at the Karachi Stock Exchange during Monday’s trading.

Cement prices have increased by Rs5-10 to Rs315 per bag in retail markets across the country.

All Pakistan Flour Mills Association (APFMA) ended its five-day strike on Monday and announced resumption of work.

The KSE-100 Index crossed the 10,000 mark on Monday, but later closed at 9,988 points.

Pakistan Flour Mills Association ended their 5-day strike on Monday and announced to resume work at flour mills.