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Articles for tag: 000, breaks, confidence, in a record, investor, last 168, mark, PSX, rally, record, strong, Strong trust of investors, they break

October 2, 2025

News Desk

PSX breaks the past 168,000 mark on a rally record amid strong investor confidence

Karachi: The Pakistan Stock Exchange saw a historic increase, as the KSE-100 reference index closed over the sign 168,000 for the first time. Investor confidence was reinforced by strong buying activity in the banking sector, with a remarkable profit of 2,849.29 points or 1.72%, with the index being settled to 168,489.63 from the end of the negotiation on Thursday. Enthydrate negotiation showed remarkable volatility, with the index reaching a high 168,619.32 and low 165,567.22. A total of 776 million shares negotiated, reflecting the optimistic feeling and increasing investor participation. The race was attributed to the improvement of financial indicators, the

September 29, 2025

News Desk

Dozens were killed as Typhoon Bualoi strikes across Vietnam and Philippines

A hurricane that broke the roofs from the houses has killed dozens of people across Vietnam and the Philippines, officials from both countries said on Monday, as a weakened BUALOI storm crossed in neighboring Laos. Hurricane abused the small islands in the center of the Philippines last week, overturning trees and pillars, releasing floods and forcing 400,000 people to evacuate. An official in the Philippine political defense said on Monday that the number of deaths had doubled in 24, with most of the victims either drowned or hit by debris. Scientists warn that thunderstorms are becoming more and more powerful

July 25, 2025

News Desk

KSE-100 hovering about 140,000

Listen to the article Karachi: The Pakistan Stock Exchange (PSX) attended a positive meeting on Friday, with the KSE-100 index earning 515 points or 0.37%, closing at 139,207, enhanced by increasing optimism over a possible interest rates and improvement in investment. Market participants participated in a selective market, encouraged by expectations to reduce 50 base points in the upcoming monetary policy announcement on July 30. According to a survey by Arif Habib Ltd (AHL), inflation relaxation and falling oil prices have increased hopes for monetary relaxation, strengthening market confidence, deputy head of the negotiation at Arif Habib Ltd, Ali Najib.

July 1, 2025

News Desk

PSX hits fresh top as the index crosses 128,000

Listen to the article Karachi: The Pakistan’s Stock Exchange (PSX) continued its journey up on Tuesday, as it crossed 128,000 points for the first time in history. The Taurus was led by the distribution of new capital funds, economic and political stability, as well as optimism about the budgetary reforms announced in the federal budget. At the end of the negotiation, the KSE-100 reference index recorded an increase of 2,572.11 points or 2.05%and settled on 128.199.43. In its revision, Arif Habib Limited (AHL) commented that profits expanded up to 128,000 points, as the KSE-100 index increased by 2.05%. About 60

June 1, 2025

News Desk

Covid reappears in India as active cases close to 3,000

Listen to the article India is watching a new increase in COVID-19 cases, with active infections approaching 3,000 nationally, as Kerala emerges as the worst situation followed by Maharashtra and Delhi in a sharp increase in cases in just four days, NDTV said. According to official data released by the Ministry of Health and Family Welfare, the country recorded 2,710 active cases from 30 May, from 1,010 to May 26 – almost triple increase. Kerala reported the largest number of cases at 1,147, followed by Maharastra with 424 and Delhi with 294. Gujarat has also recorded 223 cases. Other states

September 17, 2024

The Pakistan Daily

First seven months of 2024 saw 51% increase of Pakistani visitors to Azerbaijan, says deputy Economy Minister

“In the first seven months of 2024, the number of visitors from Pakistan to Azerbaijan sharply increased to over 40,000, representing a 51% rise,” said Samad Bashirli, Azerbaijan’s Deputy Economy Minister as he addressed the Azerbaijan-Pakistan Business Forum held in Baku. The Azerbaijan Airlines Closed Joint Stock Company (AZAL CJSC) operates flights twice a week from Baku to Islamabad, Baku to Karachi, and Baku to Lahore.

October 4, 2023

The Pakistan Daily

World Bank suggests Pakistan to tax monthly salaries below Rs 50,000

ISLAMABAD: The World Bank (WB) has urged the Pakistani government to consider implementing significant tax reforms, including taxing monthly salaries below Rs 50,000 and lowering the income threshold for charging the highest income tax rate of 35 percent from salaried individuals, according to its latest recommendations. However, this recommendation appears disconnected from the economic realities faced by Pakistan’s citizens, who are grappling with rising inflation, projected at 26.5 percent for the current fiscal year. If adopted, the WB’s recommendations could place additional financial burdens on an already heavily taxed income group, which currently pays taxes on their gross earnings without

September 12, 2023

The Pakistan Daily

Punjab Cabinet approves to increase minimum salary of workers to Rs32,000

The 25th meeting of the Punjab Cabinet approved to increase the minimum salary of workers to 32 thousand rupees. Chairing meeting at South Punjab Secretariat Multan, the Caretaker Punjab Chief Minister Mohsin Naqvi directed to ensure the implementation of minimum salary. The Cabinet has approved the facility of free travel on Orange Line Metro Train and Metro Bus service for disabled persons, senior citizens and students. Mohsin Naqvi directed to complete projects of South Punjab soon.

May 25, 2023

The Pakistan Daily

Hilarious Malta court’s judgment focuses on toilets, ignores €60,000,000 investment in three hospitals

VALLETTA: Justice Francesco Depasquale’s in his controversial judgment against Steward Healthcare International (SHCI) claimed that the American healthcare giant had failed to deliver for three hospitals during the contractual period of around five years but evidence shows that the judge reached on completely wrong conclusions and ignored glaring evidence which demonstrated proof of delivery and an investment exceeding €60,000,000. Justice Francesco Depasquale’s ruling – made in February 2023 and now subject to a challenge at the European Court of Justice – has been widely condemned in court filings as “more a work of fiction than a sound and proper ruling”

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