Karachi: Pakistan’s urea sales in October 2025 are anticipated to reach 351,000 tons, marking a 2% decrease year-over-year and an 18% drop month-over-month. This decline is attributed to a pre-buying trend observed in previous months. Engro Fertilizer…
Karachi: Pakistan Vanaspati Manufacturers Association (PVMA) Chairman Sheikh Umer Rehan has called on the government to release pending sales tax refunds, citing severe financial pressure on the edible oil and ghee industry due to excessive taxation a…
Karachi: Pakistan’s listed banks reported a rise in profitability, recording Rs171 billion in the third quarter of 2025, reflecting an 8% increase year-on-year and a 2% rise quarter-on-quarter.
The banks achieved these gains despite a decline in in…
Karachi: The Karachi Stock Exchange experienced a positive trading session, with the KSE100 index rising by 1,171.42 points to close at 162,803.16, a 0.72% increase from the previous session. The KSE30 index also saw gains, climbing 120.05 points to 4…
Karachi: The KSE-100 Index ended its five-month streak of monthly gains, recording a 2.3% drop amid geopolitical tensions and profit-taking by major investors. The decline was attributed to border tensions with Afghanistan, which overshadowed positive…
Karachi: The Karachi Stock Exchange’s KSE-100 index is expected to gain traction following the continuation of a peace deal with Afghanistan, as analysts predict a shift in focus to improving macroeconomic fundamentals. October 2025 saw the index in n…