KARACHI ( WEB NEWS ) The Pakistan Stock Exchange (PSE) plunged again on Wednesday after a one-day rally, with the KSE-100 Index falling by 226.29 points to 45676.94 points and the share prices of 59.56% companies falling. As a result, investors had to bear a loss of Rs 24.11 billion,Read More →
ISLAMABAD (WEB NEWS ) The Competition Commission of Pakistan (CCP) has on 7th January 2021 commenced hearings in the proceedings against Pakistan Sugar Mills Association (PSMA) and 84 member mills for prima facie cartelization, in violation of section 4 of the Competition Act 2010. Hearings were held on 7th, 8th, 11th, 15th and 20th JanuaryRead More →
LAHORE ( WEB NEWS ) Impact of the pandemic on economies has been such that the way of doing business has changed with a great deal which has resulted in favor of ecommerce. With majority of customers preferring to stay at home, online shopping has proven to grow in theRead More →
KARACHI ( WEB DESK ) The Pakistan Stock Exchange (PSE) traded lower on Monday, the first day of the current business week, with the KSE-100 index falling another 204.32 points to 45,726.68 points, while shares of 7.37% of companies The decline was recorded as a result of which more thanRead More →
KARACHI ( WEB DESK ) Central Depository Company has successfully crossed the important milestone in the payment method in the country by successfully processing the cash dividend of Pak Datacom Limited through SBP’s direct payment gateway. It is a great pleasure for both CDC and Pak Datacom Limited to haveRead More →
ISLAMABAD ( WEB DESK ) A delegation of Islamabad Chamber of Commerce and Industry led by Vice President Abdul Rehman Khan visited the office of Pir Adil Gilani and congratulated him on his election as Mayor Islamabad. Former Senior Vice President ICCI Khalid Chaudhry, Executive Member Mehboob Ahmed Khan, IrfanRead More →
KARACHI ( WEB DESK ) The KSE 100 Index rose from 45,600 points to 45,900 points during the second week of the 2021 calendar year after the Pakistan Stock Exchange (PSE) traded up and down. Prices of Pakistan stock market also rose last week. According to stock experts, positive reportsRead More →
ISLAMABAD ( WEB DESK ) The Islamabad Chamber of Commerce & Industry (ICCI) has resented yet another increase by the government in the prices of petroleum products and termed it an unwise decision that would go against the interests of businesses and the general public giving rise to more inflationRead More →
ISLAMABAD ( WEB DESK ) DGPC has publicly opened bids for 20 Onshore Blocks for grant of Petroleum Exploration Rights through open bidding today at Petroleum House, Islamabad. The minimum investment to be carried out by the Exploration and Production (E&P) companies in these Blocks for prospecting will be overRead More →
KARACHI (WEB DESK ) The Pakistan Stock Exchange (PSE) continued its downward trend on Friday and the KSE-100 Index fell further by 58.35 points to 45931 points while the share prices of 54.61% companies declined.As a result, the market capitalization sank by Rs.33.63 billion Interest in buying shares of for-profitRead More →
ISLAMABAD ( WEB DESK ) Mike Nithavrianakis, Deputy High Commissioner of UK in Karachi and Trade Director for Pakistan said that his country wanted to increase bilateral trade with Pakistan from existing £3 billion to £ 10 billion to achieve mutually beneficial outcomes for both countries. He said that improvingRead More →
KARACHI (WEB DESK ) Pakistan Stock Exchange (PSE) continued to rise on Thursday due to cautious behavior of investors, but the overall decline prevailed and the KSE-100 Index fell by 102.61 points to 45989.35 points. That 54.69% of the companies recorded a decline in share prices as a result ofRead More →