All news from the Business category

Business |2018-04-23 18:55:02
PSX posts gains after dull day

The Pakistan Stock Exchange (PSX) opened the week on a positive note with the benchmark KSE-100 index gaining 113 points to close at 45,372 points on Monday.The index lost a few points in the opening......
Business |2018-04-18 18:15:03
PSX in the red again as KSE-100 index loses 323 points

The Pakistan Stock Exchange (PSX) experienced another negative session with the benchmark KSE-100 index losing 323 points to fall below the 45,500-mark.The index opened higher and managed to touch......
Business |2018-04-17 20:05:03
PSX lands in green as benchmark index gains 120 points

The Pakistan Stock Exchange (PSX) went in recovery mode on Tuesday with the benchmark KSE-100 Index gaining 120 points to close at 45,802 points.The index opened lower and touched the day's low of......
Business |2018-04-16 19:15:02
PSX continues in the red as benchmark index loses 390 points

The Pakistan Stock Exchange (PSX) continued trading in the negative on Monday with the benchmark KSE-100 index losing 390 points to fall below the 45,700-level.The index opened lower and continued on......
Business |2018-04-11 18:35:03
Another flat session for PSX

The Pakistan Stock Exchange (PSX) experienced another flat session on Wednesday, with the benchmark KSE-100 gaining a net 10 points to close at 46,487 points.The index had opened higher and touched a......
Business |2018-04-06 18:45:02
PSX falls flat after early buying frenzy

The Pakistan Stock Exchange (PSX) landed flat on Friday, with the benchmark KSE-100 index managing to close positive at 46,639 with a net gain of 77 points over the preceding day.The index had gained......
Business |2018-04-02 18:05:02
PSX opens the week in green; benchmark index climbs 181 points

The Pakistan Stock Exchange (PSX) opened the week in green with the benchmark KSE-100 index gaining 181 points to close at 45,741 points.The index touched the day's high of 45,771 and the low of......
Business |2018-03-30 20:55:02
SBP to maintain interest rate at 6pc for next two months

The State Bank of Pakistan (SBP) on Friday announced to maintain the interest rate at 6 per cent as it announced its monetary policy for the next two months.According to a statement released on their......
Business |2018-03-21 17:55:06
Triggered by the depreciated rupee, stocks continue to rally

Pakistani stocks continued to gain ground in the mid-week session, helped by the momentum from the rupee's 3pc depreciation a day earlier, with the benchmark 100 index gaining 0.76pc to vault above......
Business |2018-03-20 19:35:03
Stocks surge, triggered by surprise devaluation of rupee

The Pakistan Stock Exchange's benchmark KSE-100 Index gained 770 points on Tuesday amidst upheaval in the currency markets as the rupee lost ground to the dollar, closing at 44,310 on Tuesday."The......
Business |2018-03-20 19:15:02
Chinese tech giant Alibaba in negotiations to buy Daraz.pk: report

China's biggest e-commerce company, Alibaba Group Holding Ltd, is considering buying Daraz.pk, the Pakistani online retail subsidiary of Germany-based Rocket Internet, Bloomberg reported on......
Business |2018-03-19 18:15:03
PSX opens week in green, benchmark index gains 176 points

The Pakistan Stock Exchange (PSX) opened the week on a positive note, with the benchmark KSE-100 Index gaining 176 points to close at 43,540.In a lacklustre, range-bound session, the index touched......
Business |2018-03-19 13:15:08
Alibaba doubles investment in Southeast Asia e-commerce firm Lazada

Chinese e-commerce giant Alibaba said on Monday it will appoint one of its founders as head of Lazada and inject another $2 billion into Southeast Asia's leading online shopping firm, boosting its......
Business |2018-03-15 18:55:07
PSX closes on a flattish note

The Pakistan Stock Exchange (PSX) on Thursday closed on a flattish note, with the benchmark KSE-100 Index gaining 87 points.The benchmark index experienced a mixed session before closing at 43,495.......
Business |2018-03-13 18:25:13
PSX lands in green as benchmark gains 207 points

The Pakistan Stock Exchange (PSX) on Tuesday landed in the green for the second consecutive session, with the benchmark KSE-100 Index gaining 207 points to close at 43,618.The benchmark showed mixed......