Business

Stock market soars 2,572 points, influenced by fund allocation, economic and political stability

Silver prices saw gains with 10 grams up by Rs45 and per tola rising to Rs52

Market touched an intraday high of 128,149.46, lowest level recorded during session 126,113.27

Envoy calls for institutional linkages to expand bilateral trade

KSE-100 surges 1,248 points as optimism grows following $3.4b loan rollover

Says incentive schemes like PRI critical for economic stability

FinMin says board directors should play role in improving performance of companies

Ministry reports 2.7% GDP growth, while 285,370 jobseekers exited country in Jan–May

Amgaabazar is succeeding Najy Benhassine in this role

Consumers, regulators slam last-minute move to block Rs4.69/unit FCA relief as CPPA warns of upcoming tariff hike

Bullion jumps to Rs350,200/tola; rupee down Rs5.4 vs dollar in a year

Unveils smart city vision for Islamabad, including fibre connectivity; free public Wi-Fi rollout planned

Pakistan concludes first anti-circumvention case, slaps 40% levy on import

Petrol raised by Rs8.36 per litre, high-speed diesel by Rs10.39 per litre

Market breaks record with 1,248-point surge as China rolls over $3.4b in loans

Official announcement on new petrol prices due tonight

'Allegations that banks manipulate remittance data, launder undeclared funds, or facilitate tax evasion are baseless'

Short-term relief risks long-term economic and strategic benefits

Global movement seeks just, sustainable financial solutions for developing nations

In emerging situation, challenge for govt is to jump-start economy, create jobs

Unless bureaucratic procedures are digitised, reform frameworks will struggle to deliver results

If tariff and tax cut plan is implemented, it will create competitive economy

For household consumers, the new rates will range from Rs200 to Rs4,200 per MMBTU

US treasury secretary says deals with 18 trading partners could be done by Sept

Calls for stronger voice for developing states in multilateral banks

Say such events will provide direct access to business opportunities, innovative tech

Plunges relations back into chaos, shatters optimism over tariff deals

KSE-100 recovers sharply on ME ceasefire, budget and institutional buying

Crude prices were already headed for a 12% decline for the week following the cease-fire between Israel and Iran

People sceptical about immediate effect on strained household budgets

Bloomberg Intelligence cites sharpest drop in default probability among emerging markets

Industrialists oppose interference in NEPRA proceedings, call deferral of KE hearing unlawful

Mobile wallets are rising, but trust, gender gap & low usage reveal deeper challenges

Duties reinstated on 285 items; phased reduction plan slowed to avoid job loss

Bloomberg names Pakistan most improved emerging market economy as default risk falls from 59% to 47% in 12 months

Discuss the establishment of the Pakistan Digital Corridor to China and Central Asia

Plan to expand fleet, grow cargo handling, build local vessels unveiled, and push for green, digital transformation

EPBD says Rs7.2tr in guaranteed returns to banks must be redirected to industry, urges 6% policy rate

Cheema holds high-level talks in Washington

Say they are facing challenges despite making huge investments

KSE-100 index surges 2,333 points as budget, $3.6b loan boost sentiment

Lack of reliable data has so far hindered development of effective policies

SPI down 1.52% YoY, 0.18% WoW, driven by falling rates of eggs, chicken and vegetables

KCCI, BMG urge ECC to scrap proposed tariff increase, citing surplus gas

Conducts OMOs to ease liquidity crunch, gold drops Rs5,000/tola as demand falls

Cumulative losses of state firms increased to record Rs5.9tr by Dec 2024

SECP calls conference strategic session held annually and attended by employees only

KSE-100 index surges 2,333 points as strong RDA inflows, budget approval drive rally 

The index traded between a high of 123,628.23 and a low of 122,222.69

Benchmark KSE-100 index drops 715 points, settles at 122,046