PSX past week and market on Monday
The week commenced on a positive note as Russia and Ukraine entered negotiations; however things turned for the worse as talks broke down, which caused global crude oil prices to…
The week commenced on a positive note as Russia and Ukraine entered negotiations; however things turned for the worse as talks broke down, which caused global crude oil prices to…
Standard Chartered and The British Asian Trust (BAT) orchestrated a grand ceremony to celebrate the success and impact of their collaborative "Agri-preneur Project". This event was held at the British…
To further its mission of strengthening the HomeChef ecosystem in Pakistan, foodpanda collaborated with USAID SMEA (Small and Medium Enterprise Activity), to further enhance the culinary expertise and education of…
Beaconhouse, the country's largest network of private educational institutions, hosted an exclusive Ladies' Luncheon to honour its dedicated women employees that have served the institution for more than 20 years.…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance and Former Provincial Minister Mian Zahid Hussain on Friday said the recently announced…
President of Korangi Association of Trade and Industry (KATI) Salman Aslam has said that Russia-Ukraine conflict is a matter of global concern, as a result of which hundreds of lives…
Unilever Pakistan and Circle Pakistan have partnered to set up a digital training program exclusively for deserving women in the city of Rahim Yar Khan. This program will train 50…
The 13th edition of the Karachi Literature Festival (KLF), the flagship literary initiative of the Oxford University Press (OUP) Pakistan, kicked off yesterday with its all colour, excitement and salient…
The Monetary Policy Committee of SBP will meet on Tuesday, March 8, 2022 at SBP Karachi to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy…
Market opened on a positive note and stayed range bound throughout the day due to expectation of unchanged policy rate in upcoming monetary policy. Main board activity remained dull. In…
The Karachi Port Trust handled 177,996 tons of cargo comprising 127,856 Tones of import cargo and 50,140 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
As per provisional fertilizer offtake data for the month of Feb'22, urea sales climbed up by 27% YoY to 515k tons in contrast to 406k tons in SPLY. Offtake of…
As per the latest hydrocarbon reserves data by PPIS, oil reserves during Dec'21 have reduced by 16% YoY, arriving at 223mn bbl compared to 266mn bbl in Dec'20. The decline…
Consul General of Oman Muhammad Nasser Hamed Al Mabsali has said that as trade volume between Pakistan and Oman has descended from US$650 million to US$250 million due to COVID-19,…
The total liquid foreign reserves held by the country stood at US$ 22,875.1 million as of 25-February-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…
Pakistan's largest digital Bank, Mobilink Microfinance Bank Limited (MMBL) has once again clinched the Corporate Social Responsibility Award in the category of "Diversity & Inclusion (D&I) Leader" for advancing D&I…
Supply chains were pushed to the limit in 2021 due to the ongoing pandemic, with extreme weather events, port delays, and political and economic uncertainty stress-testing their resilience. With little…
The largest exhibition of automobiles in the country – The Pakistan Auto Show 2022 (PAPS 2022) is finally going to happen in Pakistan on 27th July, 2022 – 29th July, 2022 at the Expo Center Lahore, organized…
The Karachi Port Trust handled 153,264 tons of cargo comprising 98,028 Tones of import cargo and 55,236 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…
Market opened under pressure as inflationary concerns arise due to higher fuel prices and overheated commodities cycle. Cement sector stayed in the red zone due to mounting international coal prices.…
Australia cricket team, led by Pat Cummins, is scheduled to play a multi-format series in Pakistan. The PAK vs AUS clash will begin on March 4, with the Test Series…
Pakistan OMCs: OMC volumes continue to remain strong in Pakistan. · OMC sales clocked in at 1.5mn tons for Feb'22, up 10%YoY while on MoM basis, sales witnessed a decline…
Investors are likely to remain cautious amid ongoing Russian-Ukraine conflict, as Pakistan would struggle to contain the damages to the economy due to higher international oil prices, where Brent is…
· The PSX index opened with a negative bias and remained bearish throughout the last trading session. The local bourse posted a low of 670pts and concluded with a loss…
MPS on Mar 8, 2022: State Bank of Pakistan (SBP) is scheduled to announce monetary policy statement (MPS) on Mar 8, 2022. This will be an important MPS decision as…