Business

Benchmark index loses 61.48 points to close at 43,011.26

Launch of Exchange-Traded Fund part of plans to give rise to number of retail stock investors at top Pakistani bourse

Rupee weakened against the dollar at Rs110.4/110.6

Commission conducted inspection of PFMA premises & seized relevant documents

Workshop reviewed existing agriculture extension services, in order to identify ways for improvement

Need for better enforcement measures to increase bill recoveries

This will clear way for securing $1.49b in financing for the projects

Government comes under pressure to approve sale of majority stake in power utility before end of its tenure

Pricing power of manufacturers expected to increase due to low inventory, higher demand

Demands favourable policy measures including consistent energy prices

Steel mill’s board says it will carry out fresh price assessment of the piece of land

Disagreement over legacy loans, non-guaranteed liabilities causing delay

Decline for 12th successive week comes on account of debt servicing, official payments

Benchmark index loses 368 points to close at 43,072.74

With Trump determined to press ahead with protectionist agenda, trading partners China and Europe likely to retaliate

Bank has posted a profit after tax of Rs1.135 billion for the year ended December 31, 2017

Rupee remained stable against the dollar at Rs110.3/110.5

Dialogue important to identify commonalities for an environment conducive for investment

WAPDA chief says energy and food security is as essential as security of borders

Most investors will wait for general elections, but some may opt for short-term buying

Overvalued exchange rate, weak trade facilitation have resulted in decline in Pakistan’s exports

Islamabad is seeking to employ Pakistani workers in Korea

Projects that earned green light include PM’s pet road construction project

Committee believes cultivation and supply could be affected

Lower tariff will promote production of cheap renewable energy

Govt will borrow and immediately pay Rs80b to power producers, fuel suppliers

Benchmark index decreases 0.60% to close at 43,441.18

The CFTC first determined that virtual currencies are commodities in 2015

In the last couple of months, the rupee has cumulatively shed over 4% of its value

Says country’s ‘medium-term’ debt repayment capacity has also weakened

Nasser says industry has already lost $1 trillion of investments since the oil price downturn

A ceremony was held at the Islamabad airport for completing the check ‘A’ on A320 aircraft

Association seeks permission for duty-free import of the commodity

It will have production capacity of 250,000 to 300,000 barrels per day

Irfan Iqbal Sheikh urged government to ensure early and timely payment of stuck tax refund claims

Expert hails progress made in rural community development

BoI chief says Pakistan is aiming for 9% economic growth by 2020

IT ministry allocates funds whereas private companies focus on app development

Step taken to match with the allowance given to high-grade civil servants

Sets aside high court’s decision that stopped duty collection on over 356 goods

Move comes weeks after related cabinet panel gave go-ahead to privatise loss-making airline

Benchmark index decreases 0.28% to close at 43,705.10

Rupee remained stable against the dollar at Rs110.3/110.5 in inter-bank market

Campaign to manage cotton sticks was being expedited to kill pink bollworm

IDP president said the sukuk would support spending on infrastructure, education, health

Estimates suggest undocumented economy amounts to $300 billion

Money collected will be spent on paying off debt of electricity producers, finance Neelum-Jhelum project

Company recently raised Rs2.8b from the stock market

Experts say country still needs to review position

Independent study proposes higher UFG benchmark at 7.6% for past five years