General Business News

Karachi: The stock market sustained its bullish momentum this week, driven by investor confidence after a historic meeting between the Prime Minister and the US President at the Oval Office. The benchmark index rose by 6,733 points, marking a 4.1% inc...

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, revealing slight variations in the values of major currencies. The US Dollar is being traded at 281.83 for buying and 282.30 for selling. The Euro ...

Karachi: Urea offtake in September 2025 is poised to experience a significant increase, with provisional figures indicating an 18% year-on-year rise to 429,000 tons, according to data released by JS Global. This growth comes despite a 47% month-on-mon...

Karachi: The State Bank of Pakistan (SBP) announced that there was no activity recorded in its overnight repo and reverse repo facilities on October 3, 2025. According to a press release from the Domestic Markets and Monetary Management Department, th...

Lahore: The Water and Power Development Authority (WAPDA) has successfully consolidated its five sukuk issuances, worth PKR 52.8 billion, into a single instrument while retaining the top credit rating of "AAA" from The Pakistan Credit Rating Agency (P...

Karachi: Pakistan's Oil Marketing Companies (OMCs) recorded a remarkable increase in sales during September 2025, with volumes reaching 1.4 million tons. This marks an 8% rise year-on-year and a 5% increase month-on-month. The year-on-year growth was ...

Karachi: Pakistan's Consumer Price Index (CPI) for September 2025 rose to 5.6%, driven primarily by a significant increase in food prices, according to a recent report by JS Global. The rise in food inflation, up 5.0% year-on-year, was largely due to ...