Monday, October 26, 2026 · Petrol Rs 377.71 · USD/PKR 277.05 · Gold Rs 424536/tola
Breaking
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 Six Militants and Two Soldiers Killed in DI Khan Imran Khan’s Sisters Held for Another 30 Days Rights Commission Calls for the KP Emergency to End Makkah Pact Officials Head to Tehran for Security Talks Riyadh Airport Partly Reopens Two Weeks After Attack Indian Duty-Free Access Threatens Pakistan’s Textile Edge Peshawar Begins Polio Drive for 1.11 Million Children KSE-100 Loses 4,045 Points Over the Week Task Force Asks Industry for Export Proposals PTI Weighs Talks Against Protest Over KP Seven of One Family Killed in Murree Road Accident Mir Raza’s Father Asks for a JIT Member to Be Replaced Pakistan Rejects a $490m Loan as Too Expensive Minister Seeks Loan Rescheduling as Rates Bite at 25pc 31,000 Consumers Denied the Petrol Subsidy Portal Glitch Blocks Returning Pakistanis From Filing LPG Cargoes Down to Two as Senate Presses on Winter Fuel

Articles for tag: gains, modest, optimism, posts, PSX, Renewed, speculation

January 2, 2025

News Desk

PSX posts modest gains amid renewed optimism and speculation

A stockbroker is busy trading at the Pakistan Stock Exchange in Karachi on Wednesday, January 1, 2025. — PPI The market balances optimism and cautious profit-taking on Thursday. The KSE-100 closes at 117,119.65 points, a modest gain of 111.57 points. The stock market hit an intraday high of 118,367.81 before retreating. The Pakistan Stock Exchange (PSX) saw mixed sentiment on Thursday as the market balanced between renewed investor optimism and cautious profit-taking. An intraday record high highlighted strong investor confidence on the back of easing inflation, improving liquidity and positive macroeconomic indicators. Additionally, December’s Consumer Price Index (CPI) reading of

August 31, 2024

News Desk

PSX is making modest gains in terms of privatizations

KARACHI: Positive momentum continued in the Pakistan Stock Exchange (PSX) on Friday on the back of an improved economic outlook as investors closely watched the government’s discussion on privatization of state-owned enterprises (SOEs). The market was also driven by the uptrend in global equities and the government’s commitment to reduce electricity tariffs. In the morning, trading started with strong buying and the KSE-100 index jumped almost 500 points by the afternoon. It hit an intraday high of 78,914.28, up 565 points. However, profit-taking erased gains, sending the index to an intraday low of 78,439.62. The market rallied towards the close

June 9, 2024

News Desk

The central bank is expected to make a modest interest rate cut

KARACHI: Pakistan’s central bank is scheduled to meet on Monday (10 June) to review the economic scenario and set the key interest rate for the next six weeks. Financial markets and experts expect the bank to cut interest rates to a range of 100-200 basis points (bps) in the wake of inflation slowing much deeper than market expectations to a two-and-a-half-year low of 11.8% in May 2024. The latest monthly inflation has turned the real interest rate positive to 10.2%, which is the difference between the prevailing rate of 22% and inflation of 11.8%. Speaking to The Express Tribune, Ismail

February 27, 2024

News Desk

The WTO meeting seeks modest results

Efforts are becoming more difficult amid signs that the global economy is fragmenting into separate blocs. Photo: REUTERS ABU DHABI: Trade ministers from around the world gathered in Abu Dhabi on Monday for a World Trade Organization meeting aimed at setting new global trade rules, but its head, Ngozi Okonjo-Iweala, and his representatives tried to temper expectations. The nearly 30-year-old global watchdog, whose rules govern 75 percent of global trade, has been trying to forge deals by consensus, but such efforts are becoming more difficult amid signs that the global economy is fragmenting into separate blocs. “Let’s not pretend that

November 16, 2023

News Desk

The struggling LSM industry is seeing modest growth

Islamabad: Output of major industries rose marginally by less than 1% in the first quarter of the current fiscal year as the industrial sector continues to suffer from high interest rates and overall unfavorable business conditions. The Pakistan Bureau of Statistics (PBS) on Wednesday released data on Large Scale Manufacturing (LSM) industries which also showed that the index’s upward movement was reversed in September. The LSM sector shrank 3.6% in September compared with the previous month, according to the national data collection agency. According to the data released, the growth rate in LSM industries rose marginally by 0.7% in the

Hamza Azhar SalamEditor — Hamza Azhar Salam · Write to us with suggestions or tips
Powered by: Frontpage.dev
WP Twitter Auto Publish Powered By : XYZScripts.com