Tuesday, July 7, 2020

US Dollar rises by 81 paisa in interbank market to Rs164.89

KARACHI  - The United States dollar gained 81 paisa against the Pakistani rupee in the interbank market on Tuesday.The greenback closed at 164.89 rupees...

OGRA proposes new petroleum prices for June

ISLAMABAD The Oil and Gas Regulatory Authority (OGRA) has proposed new petroleum prices for the month of June, According to details, diesel price is likely...

PSX post biggest weekly decline of 15 percent since 2008 financial crisis

KARACHI  The capital market’s main benchmark KSE-100 index declined by 15 percent during the outgoing week, making it the largest weekly decline since 2008.Increase...

Pakistan Stock Exchange witnesses bearish trend

KARACHI The Pakistan Stock Exchange (PSX) Tuesday continued to witness bearish trend as the KSE-100 Index plunged 341 points to trade at 33,343 points,On...

EU extends Pakistan’s GSP-Plus status for two years

Web Desk – The European Union has extended the Generalised System of Preferences (GSP) Plus status for Pakistan till 2022, Advisor to the Prime Minister...

A weekly review: Stocks obtain thin trade over coronavirus concerns

KARACHI – The stock market in the outgoing week kept struggling for its sustainability as confusion and uncertainty surrounded potential investors due to the...

SECP implements measures to enhance liquidity

ISLAMABAD – The Securities and Exchange Commission of Pakistan (SECP) has been undertaking a reform agenda to revitalise the market, with primary focus on...

US Envoy Khalilzad, FM Qureshi discuss US-Taliban peace agreement

DOHA – US Special Representative for Afghanistan Reconciliation Zalmay Khalilzad called on Foreign Minister Shah Mehmood Qureshi in Doha on Saturday. Zalmay Khalilzad apprised the...

Hafeez Shaikh reviews energy sector issues of Balochistan

Adviser to the Prime Minister on Finance and Revenue Abdul Hafeez Shaikh chaired a meeting on Friday to review various energy sector issues that...

Oil prices steady but set for weekly gain on supply cut optimism

SINGAPORE – Oil prices were steady on Friday but are set for their first weekly gain in six weeks on the assumption major producers...

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