Karachi: Muhammad Jawed Bilwani, President of the Karachi Chamber of Commerce and Industry (KCCI), has called on the State Bank of Pakistan to significantly reduce the policy rate by 300 to 500 basis points in the upcoming Monetary Policy Committee (M…
Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed the business community’s disappointment with the current monetary policy, highlighting a significant premium on the policy…
Karachi: The Karachi Stock Exchange (KSE-100) experienced a significant decline yesterday, losing 1,320 points to close at 88,967, with trading volume reaching 546 million shares. Market activity was predominantly focused in the sectors of banking, po…
Karachi: The Exchange Companies Association of Pakistan reported slight changes in the buying and selling rates for major currencies including the US Dollar, Euro, and British Pound as of the end of October and beginning of November 2024.According to E…
Karachi: The Karachi Stock Exchange’s benchmark KSE-100 index recorded a historic closing high of 90,864 points on Tuesday, finishing the week at 90,859 points, up by 0.96% week-on-week. The surge was driven by robust corporate earnings and the antici…