Karachi: The Pakistan cement industry is currently experiencing a significant shift in its valuation metrics, sparking interest among investors and analysts alike. With an enterprise value (EV) per ton standing at US$55.6, the sector presents an intri...
Read More »Government Raises Fuel Prices Amid Flood-Induced Economic Challenges
Karachi: In a move likely to increase the financial burden on citizens, the government has raised petrol and diesel prices by Rs4 amid ongoing economic challenges exacerbated by recent devastating floods. These natural disasters have inflicted losses ...
Read More »Currency Turmoil: USD and Euro Rates Soar in Pakistan
Karachi: Pakistan's foreign exchange market is experiencing unprecedented fluctuations, with the U.S. Dollar and Euro rates reaching new heights. According to the Exchange Companies Association of Pakistan, the USD closed at 282.35, while the Euro sur...
Read More »Stock Market Surge: KSE Indices See Modest Gains Amid High Turnover
Karachi: The stock market opened the month on a positive note as the KSE indices showed modest gains, driven by a significant increase in turnover. The Karachi Stock Exchange's KSE30 index rose marginally by 49.83 points, closing at 51,036.66, while t...
Read More »Ikram Rajput Takes Helm of KATI: Business Community Anticipates Positive Change
Karachi: Muhammad Ikram Rajput has officially stepped into his role as the new President of the Korangi Association of Trade and Industry (KATI), joined by Senior Vice President Zahid Hameed and Vice President Muhammad Talha. In his inaugural address,...
Read More »Vivo V60 Hits Pakistan Markets: Innovative Features for Capturing Memorable Moments
Lahore: Vivo has officially launched the much-anticipated vivo V60 smartphone across Pakistan, now available both in physical stores and online. This state-of-the-art device, co-engineered with ZEISS, is designed for users who aspire to capture outsta...
Read More »Currency Exchange Rates Surge as GBP Hits New High
Karachi: In a dramatic turn of events, the foreign exchange rates have shown a significant rise, with the British Pound Sterling (GBP) reaching unprecedented levels. According to the Exchange Companies Association of Pakistan, the GBP surged to 382.67...
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