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Coronavirus
HIGH Source: covid.gov.pk
Pakistan Deaths
22,971
3224hr
Pakistan Cases
1,001,875
1,84124hr
4.89% positivity
Sindh
363,101
Punjab
352,153
Balochistan
29,451
Islamabad
85,351
KPK
141,495

Exchange

Exchange

Wall Street suffers feeble end to turbulent 2015

Wall Street dropped on Thursday, leaving the S&P 500 marginally lower for a year marked by record highs as well as a major selloff. In a reversal of one of 2015's major trends, oil shares moved higher, with the S&P energy sector up 0.34 percent and alone
Published 02 Jan, 2016 12:00am
Exchange

Russia's Sistema aims for spring listing of retailer Detskiy

Russia's Sistema is aiming to list its children's goods retailer Detskiy Mir next spring, it said on Thursday. Conglomerate Sistema owns listed mobile firm MTS, which is Russia's largest mobile company and contributes more than 60 percent of its sales.
Published 02 Jan, 2016 12:00am
Exchange

Russia's Sistema aims for spring listing of retailer Detskiy

Russia's Sistema is aiming to list its children's goods retailer Detskiy Mir next spring, it said on Thursday. Conglomerate Sistema owns listed mobile firm MTS, which is Russia's largest mobile company and contributes more than 60 percent of its sales.
Published 02 Jan, 2016 12:00am
Exchange

JS Global, KSE and FPCCI hold PSX awareness conference

JS Global Capital Limited (JS Global) in collaboration with Karachi Stock Exchange (KSE) and Federation of Pakistan Chambers of Commerce & Industry (FPCCI) successfully held an investor awareness conference for launching of Pakistan Stock Exchange (PSX) i
Published 02 Jan, 2016 12:00am
Exchange

JS Global, KSE and FPCCI hold PSX awareness conference

JS Global Capital Limited (JS Global) in collaboration with Karachi Stock Exchange (KSE) and Federation of Pakistan Chambers of Commerce & Industry (FPCCI) successfully held an investor awareness conference for launching of Pakistan Stock Exchange (PSX) i
Published 02 Jan, 2016 12:00am
Exchange

Pakistan, India exchange list of nuke installations, prisoners

Pakistan and India on Friday exchanged the list of nuclear installations and facilities under an agreement which prevents the two nuclear neighbours from attacking each others' atomic sites. The two countries are required under an Agreement on the Prohibi
Published 02 Jan, 2016 12:00am
Exchange

The market access nutcracker

To Ministry of Commerce Market Access, its euphemism for preferential tariffs seems to be the only arrow in the sheaf. Undeterred by Q block and cohorts' distrainment of its weaponry- competitive production base, low import tariffs, fair exchange rate, su
Published 02 Jan, 2016 12:00am
Currency

Addiction to amnesty schemes!

Since 1980s, amongst many segments of society, the one that really created hassle for the tax departments (both federal and provincial), is that of tax-defiant traders. Though their contribution in total tax revenue is negligible (0.5 percent in income ta
Published 01 Jan, 2016 12:00am
Exchange

KSA minister meets CoAS

Muhammad Bin Abdullah Al-Ayish, Assistant Defence Minister for Military Affairs, Kingdom of Saudi Arabia visited General Headquarters on Thursday and called on Chief of Army Staff General Raheel Sharif. During the meeting, matters related to regional secu
Published 01 Jan, 2016 12:00am
Exchange

KSA minister meets CoAS

Muhammad Bin Abdullah Al-Ayish, Assistant Defence Minister for Military Affairs, Kingdom of Saudi Arabia visited General Headquarters on Thursday and called on Chief of Army Staff General Raheel Sharif. During the meeting, matters related to regional secu
Published 01 Jan, 2016 12:00am
Exchange

Pakistan''s foreign exchange reserves cross $21 billion mark

The country''s total liquid foreign exchange reserves stood at $21.074 billion at the end of last week. According to SBP, weekly foreign exchange reserve report issued on Thursday, during the week ending December 25, 2015, SBP''s liquid forex reserves inc
Published 01 Jan, 2016 12:00am
Exchange

Pakistan's foreign exchange reserves cross $21 billion mark

The country's total liquid foreign exchange reserves stood at $21.074 billion at the end of last week. According to SBP, weekly foreign exchange reserve report issued on Thursday, during the week ending December 25, 2015, SBP's liquid forex reserves incre
Published 01 Jan, 2016 12:00am
Exchange

Pakistan's foreign exchange reserves cross $21 billion mark

The country's total liquid foreign exchange reserves stood at $21.074 billion at the end of last week. According to SBP, weekly foreign exchange reserve report issued on Thursday, during the week ending December 25, 2015, SBP's liquid forex reserves incre
Published 01 Jan, 2016 12:00am
Exchange

LSE index gains 34.13 points

Bearish sentiments dominated on the Lahore Stock Exchange on Thursday and the equities suffered losses amid descending transaction volume on account of lacking interest on the part of investors who remained on the sideline. However, the LSE-25 index gaine
Published 01 Jan, 2016 12:00am
Exchange

LSE index gains 34.13 points

Bearish sentiments dominated on the Lahore Stock Exchange on Thursday and the equities suffered losses amid descending transaction volume on account of lacking interest on the part of investors who remained on the sideline. However, the LSE-25 index gaine
Published 01 Jan, 2016 12:00am
Exchange

ISE index down 17.24 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Thursday where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 17.24 points as the ISE Ten Index moved from 2,771.73
Published 01 Jan, 2016 12:00am
Exchange

ISE index down 17.24 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Thursday where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 17.24 points as the ISE Ten Index moved from 2,771.73
Published 01 Jan, 2016 12:00am
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (December 31, 2015).

Published 01 Jan, 2016 12:00am
Exchange

July-November services deficit plunges by 45 percent

Services balance posted a significant improvement during the initial months of the current fiscal year supported by arrival of Coalition Support Fund (CSF) inflows and lower import bill. Services trade deficit declined sharply by 45 percent during the fir
Published 01 Jan, 2016 12:00am
Exchange

July-November services deficit plunges by 45 percent

Services balance posted a significant improvement during the initial months of the current fiscal year supported by arrival of Coalition Support Fund (CSF) inflows and lower import bill. Services trade deficit declined sharply by 45 percent during the fir
Published 01 Jan, 2016 12:00am
Exchange

July-November services deficit plunges by 45 percent

Services balance posted a significant improvement during the initial months of the current fiscal year supported by arrival of Coalition Support Fund (CSF) inflows and lower import bill. Services trade deficit declined sharply by 45 percent during the fir
Published 01 Jan, 2016 12:00am
Exchange

Global markets end 2015 with a whimper

World stock markets on Thursday ended 2015 with a whimper after sharp volatility sparked by China''s slowdown, eurozone stimulus, the Greek crisis, rising US rates and a commodities rout. "After a year that began so promisingly the markets are wrapping up
Published 01 Jan, 2016 12:00am
Exchange

Global markets end 2015 with a whimper

World stock markets on Thursday ended 2015 with a whimper after sharp volatility sparked by China's slowdown, eurozone stimulus, the Greek crisis, rising US rates and a commodities rout. "After a year that began so promisingly the markets are wrapping up
Published 01 Jan, 2016 12:00am