Karachi: The Karachi Stock Exchange’s KSE-100 index has reached a significant milestone by meeting the year-end target of 165,215, a development driven by Pakistan’s robust external positioning and prudent fiscal strategies. This achievement marks a p…
Karachi: The Pakistan cement industry is currently experiencing a significant shift in its valuation metrics, sparking interest among investors and analysts alike. With an enterprise value (EV) per ton standing at US$55.6, the sector presents an intri…
Karachi: In a significant breakthrough for Pakistan’s energy sector, the Oil and Gas Development Company Ltd (OGDC) has announced a major discovery of oil and gas at the Bitrism East-1 well in District Khairpur, Sindh.
The exploratory well, which w…
Islamabad: In a groundbreaking development in Pakistan’s telecommunications landscape, the Competition Commission of Pakistan (CCP) has sanctioned the acquisition of Telenor Pakistan by Pakistan Telecommunication Company Limited (PTCL). This pivotal a…
Islamabad: The Karachi Stock Exchange (KSE)-100 index has once again demonstrated its upward momentum, closing at a promising 165,494, marking an impressive gain of 1,646 points day-over-day. This bullish trend was underpinned by trading volumes reach…
Islamabad: In a stark revelation, Mian Zahid Hussain, a prominent figure in Pakistan’s business community, has highlighted a troubling increase in poverty, as reported by The World Bank. The report points to policy failures and the breakdown of an uns…
Karachi: In a stunning development on the Pakistan Stock Exchange (PSX), the KSE100 index reached a historic peak of 165,640.34 points, marking a significant milestone for investors and stakeholders. This unprecedented level underscores the market’s r…