Articles for tag: Bank, bank reserves, holds, KSE 100, level, losses, Offset, Profitability, profits, PSX, Reko Diq, trade agreement, trading volume

August 12, 2025

Bank profits offset losses as PSX holds a level of 147,000

The Pakistan Stock Exchange (PSX) closed marginally higher on Tuesday as it entered the integration phase, with the KSE-100 reference index earning 75.48 points or 0.05%, installed at 147,005.32. Analysts noted that investors adopted a careful attitude amid mixed feeling, selective market and profit. The trading volumes recorded an uppick, backed by profits in bank reserves, while the weakness in fertilizers and energy has caused total profits. Trading Arif Habib Limited (AHL) chief said the KSE-100 index fell in both directions during the meeting before it was slightly positive, maintaining a level of 147,000. “The mixed feeling was observed during

August 12, 2025

News Desk

International

We, China expands the truce truce for 90 days

Listen to the article The United States and China on Monday expanded a truce for another 90 days, removing triple structural duties for each other’s goods, as US retailers are preparing to increase stocks ahead of the critical holiday season at the end of the year. US President Donald Trump announced the social platform of truth that he had signed an executive mandate suspends the imposition of higher invoices by 12:01 am. EST (0501 GMT) on November 10, with all other truce elements remaining in place. The Chinese Ministry of Commerce issued a parallel palace on additional invoices early on

August 1, 2025

News Desk

Business

Pakistan to receive the first American oil transfer as CNERGYICO signs an admission agreement

Listen to the article Pakistan’s largest shelf, Cnergyico, will import 1 million barrels of oil from Vitol in October, USAMA Vice President of USA Qureshi told Reuters on Friday, noting the first market for US crude after a land trade agreement. The West Texas intermediate load will be loaded by Houston this month and is expected to arrive in Karachi in the second half of October, Qureshi said. “This is a test load under the umbrella agreement with Vitol. If it is commercially viable and available, we could enter at least one load per month,” he said, adding that the

June 11, 2025

News Desk

International

Chinese stocks are increasing as Hang SENG increases after US-China trade agreement announcement

Chinese stocks rose on June 11, enhanced by signs of relaxation of commercial tensions between the United States and China after a two -day meeting in London. The meeting saw both countries agree on a preliminary framework for releasing trade conflicts, which has helped to restore investor confidence. As mentioned by ParachuteOnshore’s CSI 300 index, which is watching the largest companies on Shanghai and Shenzhen stock markets, won 1%, marking the most significant increase in almost a month. Meanwhile, a measure of Chinese reserves reported in Hong Kong was promoted by 0.9%, reaching its highest point since March. The market

February 14, 2025

The Pakistan Daily

Pakistan, Turkiye pledge to achieving $5b trade volume

Pakistan and Turkiye have agreed to continue their efforts to reach the goal of five billion dollar trade volume. This came at a meeting between Prime Minister Shehbaz Sharif and Turkish President Recep Tayyip Erdogan and Pakistan-Turkiye High Level Strategic Cooperation Council meeting in Islamabad. Later addressing a press stakeout, Turkish President Recep Tayyip Erdogan said both the countries have considered expanding the scope of their current goods trade agreement in the first stage. Recep Tayyip Erdogan said Turkish investors will be encouraged to engage more in Pakistan and develop flagship projects. He said our military dialogue and cooperation in

Bank profits offset losses as PSX holds a level of 147,000

We, China expands the truce truce for 90 days

Pakistan to receive the first American oil transfer as CNERGYICO signs an admission agreement

Chinese stocks are increasing as Hang SENG increases after US-China trade agreement announcement

Pakistan, Turkiye pledge to achieving $5b trade volume

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