Karachi: In an unprecedented leap, the KSE100 index soared by 1,004.36 points, marking a significant upswing in the stock market. This dramatic rise brought the index to a remarkable 150,975.48 points, showcasing one of the most substantial single-day...
Read More »HBL PMI: Manufacturing Index Steady but Facing Headwinds
Karachi: The HBL Pakistan Manufacturing PMI has shown a slight decline, dropping to 50.1 in August from 50.5 in July, marking the lowest point since the inception of the series. Developed by S and P Global, the index provides an early indication of in...
Read More »Karachi Faces Indian Water Aggression: NKATI President Calls for Unity and Immediate Relief
Karachi: Outrage and determination permeate Pakistan as Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKATI), vociferously condemned India's water aggression, vowing that the nation, alongside its business communi...
Read More »HBL PMI: Manufacturing Index Steady but Facing Headwinds
Karachi: The HBL Pakistan Manufacturing PMI has shown a slight decline, dropping to 50.1 in August from 50.5 in July, marking the lowest point since the inception of the series. Developed by S and P Global, the index provides an early indication of in...
Read More »OMC Sales Surge Amidst Plummeting Furnace Oil Demand
Karachi: In a striking development for the oil marketing sector, the latest figures reveal a notable increase in overall sales despite a substantial decline in furnace oil demand. The Oil Marketing Companies (OMC) reported a 7% year-on-year rise in Au...
Read More »Currency Crisis Looms: Sharp Fluctuations in Exchange Rates Raise Concerns
Karachi: A dramatic shift in currency exchange rates is sending ripples through financial markets, as the Exchange Companies Association of Pakistan reports notable fluctuations in various foreign currencies against the Pakistani Rupee. The most alarm...
Read More »Pakistan’s Oil Marketing Companies Experience 7% Surge in Sales Amid Economic Recovery
Islamabad: Pakistan's Oil Marketing Companies (OMCs) have reported a notable 7% year-on-year increase in sales for August 2025, reaching 1.3 million tons. This growth, complemented by a 6% rise compared to the previous month, signals a gradual economi...
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