KARACHI: The KSE-100 index showed a robust upward movement, closing at 118,971 points, marking an increase of 639 points from the previous day. Trading volumes reached 742 million shares, a rise from 690 million shares in the prior session, indicating…
Karachi: The KSE-100 Index ended on a positive note, posting a gain of 638 points to close at 118,971, as it maintained a bullish trajectory throughout the trading session. The intraday high reached 1,307 points, though trading activity saw a 24% decl…
Karachi: Emirates, the leading global airline, has signed a Memorandum of Understanding (MOU) with the Consulate of Italy in Karachi to enhance diplomatic travel and strengthen cultural and business connections between Pakistan and Italy.
The agreem…
Karachi: The Federal Minister for Petroleum, Ali Pervaiz Malik, accompanied by Additional Secretary Zafar Abbas, visited the headquarters of Pak-Arab Refinery Limited (PARCO) on Thursday. They were welcomed by Irteza Ali Qureshi, the Managing Director…
Sahiwal: Saif Power Ltd (SPWL) reported a 49% decrease in revenue for the calendar year 2024, as outlined in its recent analyst briefing. The company’s revenue dropped to PkR9.7 billion, attributed to a lower plant utilization rate of 8.23%, compared …
Karachi: Inflation in Pakistan is forecasted to reach 3.4 percent year-over-year in May 2025, according to a report by AKD Securities Limited. This marks an increase from April’s record low of 0.3 percent year-over-year. The rise is attributed to incr…
Karachi: The food sector in Pakistan showed modest growth for the first quarter of 2025, with an increase in sales revenue and improved margins, according to a recent analysis. However, the sector continues to lag behind the broader KSE100 Index, desp…