Oil prices fell on Thursday after rising in the previous session as investors weighed expectations for lower US fuel demand with the end of the summer demand season nearing and awaited India’s response to punitive US tariffs.
Brent crude futures dropped 50 cents, or 0.73%, to $67.55 at 0643 GMT, and...
A subdued session was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 100 points during the opening hours of trading on Thursday.
At 10:35am, the benchmark index was hovering at 147,630.84, an increase of 136.81 points or 0.09%.
Buying was observed in key sectors including...
A volatile session was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding nearly 600 points amid selling pressure due to rollover of futures contracts during intra-day trading on Monday.
At 2:20pm, the benchmark index was hovering at 148,904.26, a decrease of 588.79 points or 0.39%.
Analysts...
The government is fine tuning its recommendations on structural reforms in petroleum sector aimed at pulling it out of financial distress through several measures including renegotiation of LNG contracts, settlement of massive gas sector circular debt, reduction in exorbitant port charges, consumption of surplus RLNG and improvement in domestic...
Gold prices edged lower on Monday as the dollar crept higher, while increased U.S. interest rate cut expectations following a dovish pivot from Federal Reserve Chair Jerome Powell lent support to bullion.
Spot gold was down 0.2% at $3,364.25 per ounce, as of 0109 GMT, after hitting its highest since August...
Next Capital Limited announced on Monday that the Securities and Exchange Commission of Pakistan (SECP) has granted it a license to act as a securities manager.
The company conveyed this information to the Pakistan Stock Exchange (PSX) today.
The notice stated that Next Capital has become the first securities broker to...
The Pakistan Stock Exchange (PSX) kicked off trading on a positive note, with the benchmark KSE-100 Index crossing the 150,000 level during the opening minutes of trading on Monday.
During trading, the index hit an intraday high of 150,079.75.
At 9:50am, the benchmark index was hovering at 149,625.01, an increase of...
A substantial decrease in the prices of petroleum products is anticipated for the fortnight commencing August 16, 2025, as per a forecast by Optimus Capital Management, citing data from the Oil and Gas Regulatory Authority (OGRA).
According to the data, High-Speed Diesel (HSD) prices are expected to see a significant...
Pakistan’s pharmaceutical sector foresees a window of opportunity to enhance its exports manifolds to the United State of America (USA) after announcement of new tariff policy for various countries which provides a competitive edge to Pakistan against neighbouring economies.
Pakistan has been imposed a tariff of 19 percent for exporting...
ISLAMABAD: The Ministry of Finance has reportedly given no objection to the import of sugar subject to the condition that no financial liability shall arise on the part of federal government as a deal is finalized with Azerbaijan’s SOCAR.
The Finance Division has stipulated that the subsidy implication of proposed...
