Business News

Karachi: The Pakistan Stock Exchange faced a notable downturn on Tuesday, with both major indices closing lower than the previous session. The KSE30 fell by 637.71 points, landing at 51,149.07, while the KSE100 dropped by 1,578.66 points to settle at ...

Karachi: The State Bank of Pakistan has announced a new floor rate for financial institutions, set at 44,900, effective from October 7, 2025. Two financial institutions will be impacted by this adjustment, according to the bank's latest press release....

Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) data, indicating consistent stability in the short-term tenors. The figures, effective as of October 7, 2025, show that the bid and offer rates for the ...

Karachi: The Exchange Companies Association of Pakistan (ECAP) on Tuesday released the latest open market closing exchange rates, revealing slight fluctuations in currency values against the Pakistani Rupee. The United States Dollar was reported at ...

KARACHI: The State Bank of Pakistan has announced the weighted average customer exchange rates for a range of foreign currencies as part of its daily report from the Domestic Markets and Monetary Management Department. The report provides insights ...

Karachi: The KSE-100 index, the benchmark for Pakistan's stock market, experienced a significant decline, closing at 167,752 points, a decrease of 1,238 points from the previous day. Trading volumes also saw a reduction, with 1,274 million shares exch...

Karachi: The Hub Power Company (HUBC) is exploring various strategic options to expand its business portfolio and address energy challenges in Pakistan, according to management discussions with CEO Kamran Kamal and CFO Muhammad Saqib. The company is c...