Karachi: The KSE-100 index showed a notable increase of over 865 points this past week, concluding at 90,860, demonstrating a 1% growth week-over-week. This positive movement contrasts with a 17% decline in average trading volumes, which stood at 559 …
The post KSE-100 Index Sees Significant Gain Amid Positive Economic Indicators appeared first on Pakistan Business News.
Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed the business community’s disappointment with the current monetary policy, highlighting a significant premium on the policy…
The post FPCCI President Urges Drastic Rate Cut Ahead of Monetary Policy Meeting appeared first on Pakistan Business News.
Karachi: Muhammad Jawed Bilwani, President of the Karachi Chamber of Commerce and Industry (KCCI), has called on the State Bank of Pakistan to significantly reduce the policy rate by 300 to 500 basis points in the upcoming Monetary Policy Committee (M…
The post Karachi Chamber President Calls for Major Rate Cut to Boost Economic Growth appeared first on Pakistan Business News.
Karachi: The Karachi Stock Exchange (KSE-100) experienced a significant decline yesterday, losing 1,320 points to close at 88,967, with trading volume reaching 546 million shares. Market activity was predominantly focused in the sectors of banking, po…
The post KSE-100 Tumbles Amid Varied Economic Indicators; Policy Adjustments and Market Movements Noted appeared first on Pakistan Business News.
Karachi: Amid expectations of significant monetary easing, Pakistan’s financial markets are bracing for a potentially substantial policy rate cut in the upcoming Monetary Policy Statement (MPS) in November. Market surveys and high-net-worth client fee…
The post Substantial Policy Rate Cut Anticipated in Pakistan’s Upcoming Monetary Policy Statement appeared first on Pakistan Business News.
Islamabad: Pakistan has recorded its first quarterly budget surplus in 20 years, with a total of PkR1.7 trillion during the first quarter of fiscal year 2025. This marks a significant financial milestone, contrasting sharply with a deficit of PkR980 b…
The post Pakistan Marks Historic Budget Surplus, First in Two Decades appeared first on Pakistan Business News.
Islamabad: Pakistan has recorded its first quarterly budget surplus in 20 years, with a total of PkR1.7 trillion during the first quarter of fiscal year 2025. This marks a significant financial milestone, contrasting sharply with a deficit of PkR980 b…
The post Pakistan Marks Historic Budget Surplus, First in Two Decades appeared first on Pakistan Business News.
Karachi: Wafi Energy Holding Limited has become the majority shareholder of Shell Pakistan Limited (SPL) after acquiring a 77.42% interest from The Shell Petroleum Company Limited, a subsidiary of Shell plc. This significant transaction raises Wafi En…
The post Wafi Energy Acquires Majority Stake in Shell Pakistan appeared first on Pakistan Business News.
Karachi: Wafi Energy Holding Limited has become the majority shareholder of Shell Pakistan Limited (SPL) after acquiring a 77.42% interest from The Shell Petroleum Company Limited, a subsidiary of Shell plc. This significant transaction raises Wafi En…
The post Wafi Energy Acquires Majority Stake in Shell Pakistan appeared first on Pakistan Business News.
Hanoi:The Afghan Taliban regime has been criticized for engaging in rhetoric rather than addressing the terrorist threat from within its territory.
According to Radio Pakistan, the Ministry of Information and Broadcasting highlighted that the Taliba…
