Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates for April 13, 2026, revealing minimal changes in the buying and selling of major currencies against the Pakistani Rupee. The data indicates that the Uni…
Karachi: Pakistan’s inflation rate for April 2026 is forecasted to reach between 11.0% and 11.5% year-on-year, marking the highest monthly inflation rate in 21 months. This increase is primarily driven by a significant rise in fuel prices, despite a d…
Karachi: The KSE-100 index exhibited an upward trend on Friday, closing at 167,191 points, marking an increase of 1,674 points. Trading volumes recorded 876 million shares, slightly lower than the previous 889 million shares. The index is anticipated …
Karachi: Car sales in Pakistan experienced a significant increase of 40% year-over-year in March 2026, reaching 15,531 units, despite a 9% decline compared to the previous month. According to JS Global, the nine-month cumulative sales for the fiscal y…
Karachi: The KSE-100 index ended the trading session on a positive note, closing 1,674 points higher at 167,191, after reaching an intraday high of 2,772 points. Despite a slight decline in trading volumes by approximately 1% compared to the previous …
Karachi: Pakistan’s banking sector is poised to experience a 9% year-on-year decline in earnings for the first quarter of 2026. This downturn is attributed to elevated operating expenses and provision charges, contrasting with a reversal recorded in t…