Karachi: In August 2024, the automobile industry in Pakistan experienced stagnant sales numbers, with a total of 11,600 units sold, mirroring the sales from the same period last year. This stagnation is attributed to a significant 33% year-over-year de…
Karachi: Pakistan Refinery Ltd (PRL) conducted its FY23 analyst briefing today, disclosing a notable decline in earnings and outlining extensive plans for future upgrades. The refinery reported earnings of PkR1.82 billion for FY23, a significant decrea…
Karachi: The KSE-100 index witnessed a significant drop, losing 635 points to close at 78,652, with a trading volume of 533 million shares. The major activities were seen in sectors like Technology, Cable, and Textile Spinning, marking a volatile tradi…
Karachi: Recent data from the Exchange Companies Association of Pakistan shows a slight variation in foreign exchange rates across major currencies in the interbank and retail markets over two consecutive days.According to Exchange Companies Associatio…
Karachi: The Pakistan Stock Exchange experienced a notable decline today, closing down by 635 points at 78,652, as profit-taking dominated the session due to a lack of positive market triggers. The market initially opened on a positive note, peaking at…
Karachi: The KSE-100 index experienced significant growth during the last trading session, surging by 672 points to close at 79,287 points, fueled by a 34% increase in trading volumes compared to the previous session. The session’s bullish momentum is …