News Desk

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Economy

CPI Inflation declined to 4.9% in November

Pakistan's inflation rate has taken a stunning nosedive, hitting 4.9% in November—the lowest since April 2018! This marks a sharp turnaround from the 7.2%...

Breaking Barriers: KSE-100 Index Hits Historic 100,000 Points – A New Era for Pakistan’s Market!

Today, the KSE-100 Index of the Pakistan Stock Exchange (PSX) reached the historic milestone of 100,000 points for the first time in its history,...

Rollover Pressure and Political Chaos Drag KSE-100 Down 3,506 Points

Today's trading session on the Pakistan Stock Exchange (PSX) saw a notable downturn. The benchmark KSE-100 Index dropped by 3.57%, closing at 94,574 points,...

Global Footprint: BOP to establish Wholesale Banking Unit in Bahrain and Representative Office in UAE”

The Board of Directors of the Bank of Punjab (BOP) has approved the business plan to establish a Wholesale Banking Unit in the Kingdom...
PSX
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MARI’s subsidiary secure mineral exploration licenses in the Chagai district of...

The Directorate General Mines & Minerals Balochistan has granted two Exploration Licenses EL-322 and EL-323, and allotted area of 501.03 sq. km and 512.76...
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Government Greenlights Tax-Heavy Budget Ahead of Crucial IMF Loan Talks

Pakistan’s parliament on Friday passed the government’s tax-heavy finance bill for the coming fiscal year ahead of more talks on a new bailout with...
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KSE 100 Skyrockets to Historic 78k Milestone!

The Pakistan Stock Exchange (PSX) experienced a buying frenzy as the benchmark KSE-100 index surged by over 1,500 points during the opening hours of...
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LSMI output surged by 5.8% YoY in April

In April 2024, Pakistan's Large-scale Manufacturing Industries (LSMI) production dropped sharply by 8.14%, down from 115.78 in March 2024. However, on a month-on-month basis,...
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SPI surged by 1.3% WoW

According to data released by the Pakistan Bureau of Statistics (PBS), the Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 1.3%...
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KSE-100 Index soars with record-breaking single-day gain of 3,411 points!

Bulls added 3,411 points (↑ 4.69%) to the KSE – 100 Index to close at 76,208 level. Trading Turnover was recorded at 636Mn (117%...