Investors resorted to profit booking in PSX today
· A clear signal of concluding IMF review and resumption of IMF Package by Shaukat Tarin swayed the index to add a total of 665pts during the session, which has…
· A clear signal of concluding IMF review and resumption of IMF Package by Shaukat Tarin swayed the index to add a total of 665pts during the session, which has…
AKBL announced earnings today at PKR 6.8bn (EPS:PKR 5.40) for 9MCY21 depicting a YoY downturn of 17% while posting a 99% QoQ increase (3QCY21 EPS: PKR 2.13). Earnings posted a…
Kohat Cement Company Limited (KOHC) announced its 1QFY22 financial result today, posting a above street consensus profit after tax (PAT) of PKR 1,398mn (EPS: PKR 6.96), compared to PKR 507mn…
Pakistani telecom company Ufone has partnered with Facebook to launch Facebook Mobile Center, a customer engagement channel within the Facebook app that Ufone can use to deliver seamless, mobile data…
English Biscuit Manufacturers (EBM) has earned the top position in the 'Best Places to Work' award in the FMCG Industry. The ranking portrays the commitment of EBM to continuously elevate…
Power generation went up by 7.1% YoY to 14,032 GWh (19,489 MW) during Sep'21, compared to 13,104 GWh (18,200 MW) during Sep'20. The rise in generation is witnessed due to…
VavaCars a Turkey-based online trading platform for buying and selling used cars has raised $50 million to expand its operations in Turkey and Pakistan. Duquesne Family Office LLC (founded by…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said that despite the government's…
· United Bank Limited (UBL) announced its 9MCY21 results yesterday where the bank reported earnings of PkR17.8 (NPAT: PkR21.9bn) compared to PkR12.8 (NPAT: PkR15.4bn) in the same period last year.…
Dubai's Roads and Transport Authority (RTA) has extended its partnership with Ericsson (NASDAQ: ERIC) to modernize the Regulatory Monitoring System (RMS) from on-premise to a secured local public cloud environment.…
On sacred occasion of Eid Melad-un-Nabi, following directions of Federal Minister for Communications and Postal Services Mr. Murad Saeed, National Highway Authority arranged 3-day Eid Melad-un-Nabi Mehfils, participated by Chairman…
Pakistan Tourism Development Corporation (PTDC) is the premier government body at the federal level that is mandated to develop and promote tourism in the country. PTDC has taken a number…
Arts Council of Pakistan Karachi Senior Program Manager Abdul Bari Khan reference would hold on Thursday, October 21, 2021, at 6 pm in Jhon Elia Lawn. President Arts Council Muhammad…
Kohat Cement Company Limited (KOHC) is scheduled to announce its 1QFY22 financial result tomorrow whereby the company is set to post a bottom-line of PKR 810mn (EPS: PKR 4.03) during…
QNET, a global e-commerce based direct selling company, participated in a gala dinner and fundraising event at HiltonHabtoor Palacein Dubaito provide community support to Indus Hospital in Pakistan. Pakistanis are…
INTEGRA Biosciences has developed an extensive portfolio of electronic pipettes – available in single and multichannel formats – and pipetting robots for the straightforward transition from manual cell culture to…
Meezan Bank - the Best Bank in Pakistan has announced the provision of Transaction Banking services to Muller & Phipps Pakistan, the largest Pan-Pakistan cross industry Market Expansion Services provider…
The Karachi Port Trust handled 341,156 tons of cargo comprising 264,411 Tones of import cargo and 76,754 Tons of export cargo during last 48 Hrs ending at 0700 Hours. TOTAL…
Khushhali Microfinance Bank Limited (KMBL) is a leading financial institution in Pakistan, which recently organized another Corporate Social Responsibility (CSR) initiative, to celebrate the "International Day of Rural Women". The…
Pakistani telecom operator, Ufone has introduced a new 'Weekly Heavy Internet' package to fulfill the growing data needs of its customers. The company is now offering a generous 14GB data,…
Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, has announced a Cloud Consulting partnership with Abacus Consulting Pakistan, an innovative technology and consulting…
Federal Board of Revenue (FBR) Chief Commissioner Inland Revenue Tariq Mustafa said that it is not the policy of FBR to impose more burden on the taxpayers. We will introduce…
· As the news of resumptions of dialogue with IMF team relayed, investors' concerns over the package started dissipating, causing the Index to make an upward swing. The index posted…
Pakistan Tourism Development Corporation (PTDC) is the premier government body at the federal level that is mandated to develop and promote tourism in the country. PTDC has taken a number…
Rider, a tech-led last mile delivery partner for e-commerce retailers, has raised US$2.3 million in a seed round led by venture capital (VC) firm Global Founders Capital, Fatima Gobi Ventures…