General Business News

Karachi: The Exchange Companies Association of Pakistan (ECAP) released its open market closing exchange rates for October 3, 2025, indicating a stable trend in the value of major foreign currencies against the Pakistani rupee. The buying and selling ...

Karachi: The Pakistan Stock Exchange (PSX) witnessed a significant uptick on Thursday as the KSE100 index soared to a new record high of 168,990.06 points, marking a daily increase of 500.43 points, or 0.30%. This surge reflects a robust yearly growth...

Karachi: The Pakistan Stock Exchange (PSX) witnessed a significant uptick on Thursday as the KSE100 index soared to a new record high of 168,990.06 points, marking a daily increase of 500.43 points, or 0.30%. This surge reflects a robust yearly growth...

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rates (KIBOR) for October 3, 2025. The rates indicate slight variations across different tenors, reflecting the ongoing market conditions. According to the data, the o...

Karachi: Cement dispatches in Pakistan have seen a notable increase, rising by 7% year-on-year to reach 4.3 million tons in September 2025. The growth is largely attributed to a 14% rise in local demand, according to an analysis by AKD Securities Limi...

Karachi: Pakistan's oil marketing companies (OMCs) have maintained a consistent upward trajectory in sales volume for the 13th consecutive month, with an 8% year-on-year and 5% month-on-month increase reported in September 2025. This growth is primari...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the "AAA" credit rating for the Water and Power Development Authority's (WAPDA) Dasu Consolidated Term Finance Certificate (TFC), valued at PKR 35.2 billion. This decision follows ...