menu_open
The Newspapers Staff Reporter

The Newspapers Staff Reporter

Dawn Business

We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Stocks attain modest weekly gains

KARACHI: Trading on the stock market opened on a positive note in the outgoing week amid expectation of certain budgetary measures. Arif Habib Ltd...

yesterday 10

Dawn Business

The Newspapers Staff Reporter

Stocks end in green amid range bound session

KARACHI: Equities witnessed another range-bound session on Friday amid precarious political and economic conditions. Arif Habib Ltd said investors...

previous day 8

Dawn Business

The Newspapers Staff Reporter

Petroleum sales plunge on price surge

KARACHI: Sales of petroleum products plunged 40 per cent on a year-on-year basis to 1.3 million tonnes in May, latest data released by the Oil...

previous day 10

Dawn Business

The Newspapers Staff Reporter

Weekly inflation stays above 40pc

ISLAMABAD: The short-term inflation, based on the Sensitive Price Index (SPI), remained elevated year-on-year at 42.67 per cent for the week ending on...

previous day 10

Dawn Business

The Newspapers Staff Reporter

Dollar partially recovers overnight losses

KARACHI: The US dollar gained some lost ground against the rupee in the open market on Friday mainly on account of shortage of foreign currencies....

previous day 10

Dawn Business

The Newspapers Staff Reporter

State Bank consulting peers to introduce digital currency

KARACHI: Pakistan is on its way to introducing a digital currency like cryptos and bitcoins in the future, said a senior official of the central bank...

friday 10

Dawn Business

The Newspapers Staff Reporter

Cement sales rise

KARACHI: Local cement sales rose year-on-year by 9 per cent to 3.433 million tonnes in May, indicating a slight revival in construction activities....

friday 6

Dawn Business

The Newspapers Staff Reporter

Stocks lose 64 points in directionless trading

KARACHI: Share prices moved within a small range on Thursday before closing on the lower side owing to mixed signals on the economic front. Topline...

friday 7

Dawn Business

The Newspapers Staff Reporter

Stocks lose 341 points on profit selling

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a negative session on Wednesday, with the benchmark index of representative shares ceding ground...

01.06.2023 6

Dawn Business

The Newspapers Staff Reporter

Discos allowed to extract Rs16bn

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday concluded that ex-Wapda distribution companies (Discos) would charge...

01.06.2023 10

Dawn Business

The Newspapers Staff Reporter

Ecnec clears four projects worth Rs120bn

ISLAMABAD: The Exe­cutive Committee of the National Economic Council (Ecnec) on Wednesday approved four development projects in Azad Kashmir,...

01.06.2023 10

Dawn Business

The Newspapers Staff Reporter

Chinese chilli seeds give higher yields

Red Sky variety of hybrid Chinese chillies grown at a model farm in Multan.—Dawn LAHORE: A local agriculture research company claims to have...

31.05.2023 9

Dawn Business

The Newspapers Staff Reporter

Stocks add 332 points on positive triggers

KARACHI: The bullish momentum continued on the national bourse on Tuesday with the benchmark index of representative shares rising amid positive...

31.05.2023 10

Dawn Business

The Newspapers Staff Reporter

Stocks drift lower in depressed week

KARACHI: The sentiment on the stock market remained predominantly negative in the outgoing week primarily because of the prevailing uncertainty about...

28.05.2023 40

Dawn Business

The Newspapers Staff Reporter

Gulf countries expected to invest $500m soon

KARACHI: Maritime Affairs Minister Faisal Sabzwari has said an agreement for a $500 million investment from the Gulf countries is being finalised. In...

28.05.2023 10

Dawn Business

The Newspapers Staff Reporter

Beverage sales dip

LAHORE: The aerated beverage industry has reported up to 40 per cent reduction in sales volume after the government increased the Federal Excise Duty...

27.05.2023 9

Dawn Business

The Newspapers Staff Reporter

Equities extend losses on political instability

KARACHI: Stock trading began on a lacklustre note on Friday as investors’ participation remained low owing to the country’s political turmoil. But...

27.05.2023 10

Dawn Business

The Newspapers Staff Reporter

Crypto users eager for AI advancements in blockchain, trading: survey

KARACHI: Six in every 10 cryptocurrency users are eager for artificial intelligence (AI) advancements in blockchain and trading, according to a survey...

26.05.2023 10

Dawn Business

The Newspapers Staff Reporter

Lucky to buy back 23.8m more shares

KARACHI: Lucky Cement Ltd said in a regulatory filing with the Pakistan Stock Exchange on Thursday that it’ll purchase 23.8 million of its shares in...

26.05.2023 10

Dawn Business

The Newspapers Staff Reporter

Stocks falter on fears of new taxes

KARACHI: Equities posted another mixed session on Thursday as investors feared the upcoming budget might include new taxes. Arif Habib Ltd said the...

26.05.2023 10

Dawn Business

The Newspapers Staff Reporter

Russian cargo vessel arrives at KPT

KARACHI: Before the arrival of Russian crude oil, a container vessel Crystal St Petersburg on its maiden call reached Karachi Port in just 21 days. ...

26.05.2023 20

Dawn Business

The Newspapers Staff Reporter

Discos to extract Rs46bn extra

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday firmed up an increase in electricity rates by Rs1.25 per unit to...

25.05.2023 10

Dawn Business

The Newspapers Staff Reporter

Stocks extend losses on lack of triggers

KARACHI: Stock prices oscillated in a short range on Tuesday before settling on the lower side. Topline Securities said investors opted to remain on...

24.05.2023 20

Dawn Business

The Newspapers Staff Reporter

Proposal to revive cargo train with Iran, Turkiye

LAHORE: Welcoming the inauguration of the Pak-Iran border market, Pakistan Business Forum (PBF) leader Ejaz Tanveer has suggested re-launching a cargo...

24.05.2023 20

Dawn Business

The Newspapers Staff Reporter

Stocks tumble 404 points on falling rupee

KARACHI: A bearish trend prevailed on the Pakistan Stock Exchange on Monday with equities trading on the lower side throughout the trading session....

23.05.2023 7

Dawn Business

The Newspapers Staff Reporter

Dollar trades Rs19 higher in kerb

KARACHI: The rupee remained under pressure as the US dollar appreciated by another 74 paise in the interbank market on Monday. The State Bank of...

23.05.2023 30

Dawn Business

The Newspapers Staff Reporter

Petroleum imports slip 18pc

ISLAMABAD: The imports of the petroleum group witnessed a significant decline of 17.96 per cent during the July-April period of FY23 compared to the...

23.05.2023 20

Dawn Business

The Newspapers Staff Reporter

Stocks make modest gains in tense week

KARACHI: The stock market opened on a positive note in the outgoing week after the resident representative of the International Monetary Fund...

21.05.2023 8

Dawn Business

The Newspapers Staff Reporter

Stocks rebound on power subsidy cut news

KARACHI: Share prices closed on the higher side on Friday as investors welcomed the news about the likely reduction in subsidies for the revival of...

20.05.2023 10

Dawn Business

The Newspapers Staff Reporter

Power firms seek to extract Rs50bn more

ISLAMABAD: Amid inflation already rising at the highest rate in half a century at 36.4 per cent, one of the key contributory factor — the...

20.05.2023 30

Dawn Business

The Newspapers Staff Reporter

Fintech buys stake in logistics firm

KARACHI: Universal Network Systems Ltd (UNSL) said on Friday a fintech has bought 2.7 million shares constituting 10 per cent shareholding of the...

20.05.2023 10

Dawn Business

The Newspapers Staff Reporter

State Bank reserves decline by $72m

KARACHI: The external debt repayments further slashed the foreign exchange reserves of the State Bank of Pakistan (SBP) by $72 million to $4.31...

19.05.2023 20

Dawn Business

The Newspapers Staff Reporter

NTDC’s tampered conductors caused Oct blackout: Nepra

ISLAMABAD: A six-member probe committee of the National Electric Power Regulatory Autho­rity (Nepra) has held the National Transmission and Despatch...

19.05.2023 10

Dawn Business

The Newspapers Staff Reporter

Stocks plunge 392 points on political instability

KARACHI: Stocks dipped on Thursday as political instability pushed down the benchmark index of the Pakistan Stock Exchange to an intraday low of...

19.05.2023 30

Dawn Business

The Newspapers Staff Reporter

Stocks falter as political temperature rises

KARACHI: Share pri­ces settled on the lower side after hovering within a short range throughout the trading session on Wednesday. Arif Habib Ltd said...

18.05.2023 9

Dawn Business

The Newspapers Staff Reporter

Govt raises Rs444bn through T-bills

KARACHI: The government raised Rs444.4 billion, exceeding the target of Rs375bn set for the treasury bills auction on Wednesday. The highest amount of...

18.05.2023 10

Dawn Business

The Newspapers Staff Reporter

Nepra refuses Rs32 per unit tariff for Jamshoro project

ISLAMABAD: The National Elect­ric Power Regulatory Authority (Nepra) on Tuesday showed reluctance to allow about Rs32 per unit generation tariff for...

17.05.2023 10

Dawn Business

The Newspapers Staff Reporter

Stocks add 288 points to overnight gains

KARACHI: The benchmark of representative firms listed on the Pakistan Stock Exchange traded mostly on the higher side on Tuesday. Topline Securities...

17.05.2023 5

Dawn Business

The Newspapers Staff Reporter

FPCCI demands pro-growth budget

KARACHI: Amid the persistent political and economic crisis, businessmen urged the PDM government to announce a business-friendly and pro-growth budget...

17.05.2023 10

Dawn Business

The Newspapers Staff Reporter

FDI dips 29pc in April

KARACHI: Foreign Direct Investment (FDI) plunged by almost 29 per cent year-on-year to $121.6 million in April and 23pc in the first 10 months of the...

17.05.2023 20

Dawn Business

The Newspapers Staff Reporter

Honda to resume production ‘soon’

KARACHI: Honda Atlas Cars Ltd (HACL) on Monday announced that it was preparing to resume its production thanks to a slight improvement in the...

16.05.2023 10

Dawn Business

The Newspapers Staff Reporter

$20m debt deferment pact signed with South Korea

ISLAMABAD: Pakis­tan on Monday signed a debt relief agreement with the Republic of Korea (RoK) for the deferment of repayment of about $20 million...

16.05.2023 30

Dawn Business

The Newspapers Staff Reporter

Stocks suffer losses in jittery week

KARACHI: Trading on the stock exchange commenced on a negative note in the outgoing week as ratings agency Fitch stated that Pakistan faced a...

14.05.2023 10

Dawn Business

The Newspapers Staff Reporter

Public offer for ZIL shares expires

KARACHI: ZIL Ltd, a maker of personal care products, said on Friday its foreign acquirer has accepted 1.4 million shares — constituting 23.5 per...

13.05.2023 10

Dawn Business

The Newspapers Staff Reporter

MSCI deletes three scrips from small-cap index

KARACHI: MSCI, which provides indices to help global investors allocate funds passively, has made changes as part of its semi-annual review, said Arif...

13.05.2023 10

Dawn Business

The Newspapers Staff Reporter

SIBL board plans transition into Islamic bank

KARACHI: Security Investment Bank Ltd (SIBL) told the Pakistan Stock Exchange on Friday its board has decided to transition into a Sharia-compliant...

13.05.2023 7

Dawn Business

The Newspapers Staff Reporter

Lucky Core inches closer to Lotte Chemical acquisition

KARACHI: Lucky Core Industries Ltd (LCI) said on Friday it signed an “assignment and assumption agreement” with its wholly owned subsidiary as...

13.05.2023 10

Dawn Business

The Newspapers Staff Reporter

Stocks close weekend session on positive note

KARACHI: The stock market closed the business week on a positive note on Friday after investors looked to the superior judiciary for the resolution of...

13.05.2023 10

Dawn Business

The Newspapers Staff Reporter

Stocks rally amid positive signals on IMF deal

KARACHI: Share prices reversed their downward trend on Thursday owing to positive signals on the macroeconomic front. Topline Securities said the...

12.05.2023 10

Dawn Business

The Newspapers Staff Reporter

Stocks lose 299 points as political turmoil deepens

KARACHI: The stock market extended its losses on Wednesday after the benchmark of representative shares opened on the lower side. Arif Habib Ltd said...

11.05.2023 10

Dawn Business

The Newspapers Staff Reporter

ccb99ca97cc2af21cd45daf969b944d1