Articles for tag: 000 mark, banking, cement, Close, hovering, lead, moderate, profits, PSX, Shares, Signs, Stocks recover moderate to close near 158

September 23, 2025

PSX hovering close to 158,000 signs as banking, cement shares lead to moderate profits

Karachi: The Pakistan Stock Exchange fell higher, recovering some ground after a quiet start until the previous day. The market for banking and cement stocks provided the upward boost, helping the index remain in positive territory, although the losses in the field of fertilizers and energy disadvantage carried some of the profits on Tuesday. The reference index traded in a narrow zone, hitting a low of 157.416.54 and a high 158.831.22, before it was installed at 157.945.03 with a profit of 390.36 points or 0.25%. Market volumes were recorded in 1.52 billion shares, reflecting the active involvement of investors. The

July 16, 2025

News Desk

Business

PSX sees moderate profits as the KS-100 closes 440 points up

Karachi: The Pakistan Stock Exchange (PSX) watched another consolidation day on Wednesday, with the KSE-100 reference index closing at 136,380 points, earning 440 points or 0.32% after oscillation in both directions during the meeting. Early trade saw mild negativity, with the index hitting a low-raid of 135,543 points-with 397 points (0.29%)-in the midst of profit, noted Ali Najib, the deputy head of the negotiation at Arif Habib Ltd. Investor optimism was reinforced by Finance Minister Muhammad Aurangzeb for Moody’s, where he underlined basic signs of economic recovery. These included the reduction of inflation, the stable exchange rate, the cuts in

July 3, 2025

News Desk

Business

The cement industry sees moderate growth in FY25

Listen to the article Lahore: The cement industry recorded a moderate overall increase during the financial year 2024-25 despite a continuous decline in local demand, according to data published by the All Pakistan Tsimistan Manufacturers Association (APCMA). Total cement shipments reached 46.221 million tonnes of FY25, increased by 2.05% from 45.291 million tonnes last year. This marginal development was largely due to a 29.46% increase in exports, which increased from 7.110 million tonnes to FY24 to 9.204 million tonnes of FY25. However, domestic sales decreased by 3.05%, reducing from 38,181 million tonnes to 37,017 million tonnes. Only in June 2025,

March 30, 2025

News Desk

International

The ban on Indian authorities for prayers of fuel fuel roads on religious freedoms

Listen to the article Authorities in the UTTAR Pradesh Indian state have forced a ban from offering Eid Ul Fitr prayers on the streets, a move that has been criticized by opposition leaders, civil society and even members of the ruling party coalition. Meerut City police chief Ayush Vikram Singh announced the ban, warning that anyone who offers prayers on the streets will face strict legal action. Sanctions include possible cancellation of passports and driving licenses. “Namaz on the road is by no means offered,” Singh said in a statement. This directive has sparked a reaction from various quarters, with

July 31, 2024

News Desk

International

The hard-line Haniyeh was considered the most moderate face of Hamas

Hamas leader Ismail Haniyeh gestures as he delivers a speech in Gaza City on December 7, 2017. — Reuters Ismail Haniyeh, the Hamas leader killed in Iran, was the hardline face of the Palestinian group’s international diplomacy as the war raged in Gaza, where three of his sons were killed in an Israeli airstrike. But despite the rhetoric, many diplomats saw him as a moderate compared to the group’s more hard-line members in Gaza. Appointed to the top Hamas post in 2017, Haniya has shuttled between Turkey and the Qatari capital Doha, escaping the blockaded Gaza Strip’s travel limits and

July 31, 2024

News Desk

International

Haniyeh was seen as the most moderate face of Hamas

DUBAI/LONDON: Ismail Haniyeh, the Hamas leader killed in Iran, was the hardline face of the Palestinian group’s international diplomacy as the war raged in Gaza, where three of his sons were killed in an Israeli airstrike. But despite the rhetoric, many diplomats saw him as a moderate compared to the more hard-line members of the Iranian-backed group in Gaza. Appointed to the top Hamas post in 2017, Haniya has shuttled between Turkey and the Qatari capital Doha, escaping the blockaded Gaza Strip’s travel limits and enabling him to act as a negotiator in ceasefire talks or hold talks with the

July 29, 2024

News Desk

International

Khamenei backs moderate candidate as Iran’s new president

TEHRAN,: Iran’s Supreme Leader Ayatollah Ali Khamenei and Iran’s new president Massoud Pezheskian attend an endorsement ceremony in Tehran, Iran, July 28, 2024. PHOTO: REUTERS Iran’s supreme leader formally endorsed Massoud Pezeghian as the country’s president on Sunday after he won an election this month pledging a pragmatic foreign policy and easing repression at home. Pezeskian, a relative moderate who will be sworn in on Tuesday, takes office at a time of escalating tensions in the Middle East over the Israel-Hamas conflict in Gaza and Iran-backed Hezbollah in Lebanon. Iran on Sunday warned its foe Israel against what it called

July 5, 2024

News Desk

International

US employment and wage growth are expected to moderate in June

U.S. job growth likely slowed to a still-healthy pace in June, with the unemployment rate holding steady at 4 percent, raising the odds that the Federal Reserve will be able to tame inflation without tipping the economy into recession. The closely watched Labor Department report on Friday is also expected to show annual wage growth rising at its slowest pace in three years. When added to the price hold in May, the report would confirm that the deflationary trend is back on track after inflation rose in the first quarter. It could also boost Fed policymakers’ confidence in the outlook

July 1, 2024

News Desk

Business

Moderate CPI and IMF talks push PSX higher

KARACHI: The Pakistan Stock Exchange (PSX) ended the first day of the new financial year on a promising note with gains of nearly 380 points, driven by economic developments and industry news. In the morning, trading remained weak as the KSE-100 hit an intraday low of 78,427.79. However, as the day progressed, the market gradually recovered and moved higher. The bullish trend was mainly based on moderate Consumer Price Index (CPI) inflation of 12.6% year-on-year in June 2024 and expectations of a $6-8 billion International Monetary Fund (IMF) loan deal. In addition, government initiatives, including the $1.5 billion Panda, Eurobond

June 29, 2024

News Desk

International

India’s GDP growth to moderate in current and next FY: Reuters poll

MUMBAI/BENGALURU: Forecasts for a mild slowdown in India’s fast-growing economy remained steady in the first Reuters poll of economists after the ruling Bharatiya Janata Party (BJP) lost its parliamentary majority in a staggered national election that ended in early June. Asia’s third-largest economy grew 8.2 percent last fiscal year, the fastest among major economies. But growth is expected to slow to 7.0 percent and then 6.7 percent in the current and next fiscal years, according to a June 19-27 Reuters poll of more than 50 economists. Predictions remain broadly unchanged from those made before the election result Prime Minister Narendra

PSX hovering close to 158,000 signs as banking, cement shares lead to moderate profits

PSX sees moderate profits as the KS-100 closes 440 points up

The cement industry sees moderate growth in FY25

The ban on Indian authorities for prayers of fuel fuel roads on religious freedoms

The hard-line Haniyeh was considered the most moderate face of Hamas

Haniyeh was seen as the most moderate face of Hamas

Khamenei backs moderate candidate as Iran’s new president

US employment and wage growth are expected to moderate in June

Moderate CPI and IMF talks push PSX higher

India’s GDP growth to moderate in current and next FY: Reuters poll

Asif Khaliq drives blue-eyed Chaiwala Arshad Khan’s London success

Munir and Naqvi Join Makkah Pact Talks in Tehran

Iran Says the Border Is Open as Pakistan Ships LPG by Sea