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PSX

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...

MARI’s subsidiary secure mineral exploration licenses in the Chagai district of Balochistan.

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...

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...

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...
PSX
News Desk

“Riding the Wave: KSE-100 Index Soars Amid Post-Budget Euphoria”

The Pakistan Stock Exchange (PSX) opened on an overwhelmingly positive note in the post-budget session as the benchmark KSE-100 index crossed the 75,000 level...
News Desk

Pakistan’s Current account posted a surplus of $128Mn in Feb

Pakistan’s current account posted a surplus of $128 million in February 2024, in contrast to a revised deficit of $303 million in the previous...
News Desk

IMF and Pakistan has reached a staff level agreement on final...

The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan on the final review of a $3 billion bailout, where the country...
News Desk

MPC decided to hold the Policy rate steady at 22%

The Monetary Policy Committee (MPC) decided to hold the policy rate steady at 22 percent in its meeting held today. The MPC noted that despite...
News Desk

MLCF’s subsidiary Novacare to build hospital with $110Mn investment

Novacare Hospitals (Private) Limited, a wholly owned subsidiary of Maple Leaf Cement Factory Limited (PSX: MLCF), will start constructing a state-of-the-art hospital in Islamabad...
News Desk

Weekly SPI surged by 1.11%

The Weekly Sensitive Price Indicator (SPI) significantly increased by 1.11% WoW during the week ended March 07, 2024, The SPI rose 32.39% YoY compared...