Sukuk auction: Govt raises Rs2trn in 2024 using PSX platform KARACHI: The listing of Shariah-compliant securities at the Pakistan Stock Exchange (PSX) marked a significant... Updated 05 Dec, 2024 09:13am
Markets PSX surpasses 0.1m mark: Investors earn 150pc in just 16 months KARACHI: Pakistan Stock Exchange has surpassed historic milestone of 100,000 mark, reflecting a 150 percent return ... Published 29 Nov, 2024 05:50am
Business & Finance Pakistan’s inflation likely to slow down further in November, signals room for another rate cut The slowing inflationary trend in Pakistan is likely to continue as the CPI-based figure is expected to fall below... Updated 19 Nov, 2024 06:16pm
Markets KSE-100 Index cos: Q1 earnings down 14pc to Rs403bn YoY KARACHI: The KSE-100 Index companies posted the earnings of Rs403bn down 14 percent YoY in first quarter of FY25... Published 31 Oct, 2024 07:34am
Pakistan Pakistan’s inflation likely to stay in single digit in October, rate cut anticipated Consumer Price Index for October expected to clock in at 6.5-7.0%, according to a brokerage report Updated 18 Oct, 2024 10:25pm
Business & Finance Further ease in monetary policy stance expected KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) announced the next monetary policy... Published 06 Sep, 2024 07:53am
Markets Analysts expect SBP to continue easing in next week’s monetary policy announcement Most experts Business Recorder reached out to see decline between 100 to 200 bps Updated 05 Sep, 2024 08:29pm
Business & Finance Price deregulation: Pakistan’s pharma sector sales hit $3.3bn in FY24, 22% higher year-on-year Pakistan’s pharmaceutical industry achieved sales of Rs916 billion (USD 3.3 billion) in FY24, a 22% year-on-year... Updated 21 Aug, 2024 03:59pm
Markets FY24 power generation drops 2pc YoY KARACHI: Pakistan’s power generation recorded at 127,259 GWh (14,504MW) during FY24 down 2.0 percent on... Published 23 Jul, 2024 06:34am
Markets Healthy foreign buying in PSX during FY24 KARACHI: The improving economic indicators, successful initiation and completion of the IMF Standby Agreement and... Updated 01 Jul, 2024 08:50am
Markets KSE-100’s record run: PSX world’s best-performing market in FY24, outlook stays positive The Pakistan Stock Exchange (PSX) emerged as the best performing equity market in the world during fiscal year... Updated 29 Jun, 2024 02:35pm
Business & Finance MSCI FM Index: Pakistan’s weight to go up by 30-40bps with NBP’s addition KARACHI: MSCI has announced the results of its index review for May 2024, based on which, one more scrip of... Updated 16 May, 2024 09:26am
Markets Sales of petroleum products fall by 6% in April Sale of total petroleum products in Pakistan clocked in at 1.1 million tons in April, a decline of 6% year-on-year... Updated 03 May, 2024 10:49pm
Business & Finance T-bills witness highest USD inflows after 4 years KARACHI: Finally, with high local interest rates and stable Pak rupee, smart foreign investors are investing in... Updated 03 Apr, 2024 09:21am
Pakistan ‘High chances of a coalition government’, says brokerage house as Pakistan braces for elections Smooth transfer of power will help overcome concerns of international lenders, says Topline Securities Published 27 Jan, 2024 04:59pm
Business & Finance MSCI Semi-Annual Index Review: Pakistan’s weight expected to increase: Topline KARACHI: The addition of a few securities to the MSCI Standard Index is expected in the MSCI Semi-Annual Review... Published 09 Nov, 2023 05:38am
Markets High financial charges, costs: profit of Pakistan’s listed textile sector plunges 24% in FY23 High cost of financing and rising input costs took their toll on Pakistan’s listed textile sector, which saw its... Updated 09 Oct, 2023 10:43pm
Business & Finance Another brokerage house expects 200bps hike in key policy rate Topline Securities also sees PKR/USD in inter-bank market to be in range of Rs320-340 by June 2024 Published 08 Sep, 2023 05:37pm
Business & Finance Capital market: Foreign investors’ buying in August stands at $12.870m KARACHI: Despite heavy selling witnessed at Pakistan Stock Exchange, foreign investors emerged net buyers of shares... Updated 01 Sep, 2023 09:58am
Markets More Pakistani firms added to a key MSCI index KARACHI: In a surprise move, Morgan Stanley Capital International (MSCI) in its Quarterly Index Review announcement... Published 12 Aug, 2023 06:26am
Business & Finance July 2023: PSX posts ‘best monthly gain’ after 39 months KARACHI: The benchmark KSE-100 Index gained 16 percent during July 2023. This is the best monthly gain after 39... Published 01 Aug, 2023 06:19am
Markets Status quo likely in upcoming MPC meeting, say brokerage houses AHL and Topline believe key policy rate expected to remain at 22% Updated 20 Jul, 2023 03:23pm
Business & Finance Market view: how will the budget impact businesses? Flanked alongside his coalition partners, Finance Minister Ishaq Dar on Friday announced the budget for the fiscal... Published 10 Jun, 2023 12:03am
Markets Pakistan’s textile exports plunge 22.6% in March Sector's exports clock in at $1.26bn, says PBS Data shows exports in first nine months of FY23 decrease by 12.4% to $12.48bn Updated 18 Apr, 2023 05:19pm
Business & Finance Monetary policy: experts expect 100bps hike in policy rate SBP's monetary policy committee is scheduled to meet on January 23 (Monday) Published 16 Jan, 2023 03:00pm
Markets PSX: the best and worst performers of 2022 With five sessions left in a year stock market investors would rather forget, now would be a reasonable time to look back at how the PSX fared Published 24 Dec, 2022 06:05pm
Business & Finance Capital market in 2023: Low PE will continue due to external debt, political noise: Topline KARACHI: Pakistan market performance in 2023 will continue to remain dull, mainly due to Pakistan’s external debt... Updated 21 Dec, 2022 09:57am
Markets Brokerage house Topline expects KSE-100 to reach 52,000 points by end of FY23 In its strategy report for mid-year 2022, brokerage house says KSE-100 is likely to post 25% return in next 12 months Published 08 Aug, 2022 07:51pm
Markets Analysts see no major deletions from frontier market index Results of MSCI Quarterly Index Review on February 9 Updated 05 Feb, 2022 03:45pm
Pakistan Experts weigh in after IMF programme revival Highlight need to address structural issues in economy Updated 03 Feb, 2022 06:31pm
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept