Karachi: The KSE-100 index reached a record high, closing at 187,762 points, marking a significant increase of 2,663 points in a single session. Trading volumes surged to 1,199 million shares, up from 960 million shares in the previous session. If the…
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the latest open market closing exchange rates, indicating that the United States dollar is being sold at 281.32 Pakistani Rupees. The announcement also detailed the exchange rates…
Karachi: Exchange rates for major currencies saw fluctuations today, with the US dollar, euro, and British pound experiencing varying levels of change against the local currency. The figures are a reflection of ongoing economic dynamics and market con…
Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has welcomed the appointment of Mr. Asif Inam as the Chairman of Sui Southern Gas Company Limited (SSGC). The appointment aims to bridge…
Karachi: Profits in Pakistan’s fertilizer industry are expected to climb by 52% quarter-on-quarter and 44% year-on-year in the fourth quarter of 2025, driven by unprecedented volumetric sales of urea. This surge coincides with the peak fertilizer appl…
Karachi: Local manufacturing and assembly of mobile phones in Pakistan experienced a 5% increase in December 2025 compared to the previous month, according to the latest data from the Pakistan Telecommunication Authority (PTA). However, year-on-year f…
Karachi: Oil and Gas Development Company Ltd. (OGDC) has announced the discovery of a third formation at the Baragzai X-01 well within the Nashpa Block in Khyber Pakhtunkhwa. This new discovery, encompassing the Samana Suk and Shinawar formations, ha…