After opening on a strong note, stocks at the Pakistan Stock Exchange (PSX) came under intense and sustained selling pressure, gradually erasing all early gains through the morning session. By Thursday afternoon, the benchmark…
Gold prices across Pakistan experienced a sharp downward correction on Thursday, falling strictly in line with a significant retreat in the international bullion market. In the local exchange, the price of gold plummeted by…
All Pakistan Textile Mills Association (APTMA) in its 67th Annual General Meeting has demanded the government to save textile industry and to upsurge exports by providing regionally competitive business environment. The meeting was attended…
“East is East, and West is West, and never the twain shall meet” is among Rudyard Kipling’s most quoted lines. Less remembered is the reversal two lines later: “there is neither East nor West”…
Oil giant cuts receivables and finance costs as consolidated profit reaches Rs25.49bn on Rs3.42trn revenue Pakistan State Oil (PSO) posted a profit after tax of Rs15.07 billion for the financial year ended June 30,…
