Markets

Pakistan stocks down on profit taking and foreign selling
Markets

Pakistan stocks down on profit taking and foreign selling

KSE-100 index lost 0.32% to close at 95,546.45 points

Bitcoin breaches $94,000 for the first time
Markets

Bitcoin breaches $94,000 for the first time

Bitcoin, the world's biggest and best-known cryptocurrency, has more than doubled this year

Pakistan Stock Exchange hits new milestone of 96,000 points
Markets

Pakistan Stock Exchange hits new milestone of 96,000 points

KSE-100 index surged 54% since January

Goldman Sachs predicts gold prices to hit $3,000 by 2025
Markets

Goldman Sachs predicts gold prices to hit $3,000 by 2025

Trump’s presidency and geopolitical tensions may further fuel gold price growth, it says

US to ask judge to force Google to sell off Chrome: report
Markets

US to ask judge to force Google to sell off Chrome: report

Google is estimated to have about two-thirds of the global browser market

Pakistan stock market has upside potential of 27%: report
Markets

Pakistan stock market has upside potential of 27%: report

Pakistan is increasingly attracting attention of foreign investors, particularly in its debt and equity markets, Arif Habib Limited notes

Pakistan stocks to stay positive amid improving indicators
Markets

Pakistan stocks to stay positive amid improving indicators

Indian stocks enter correction phase amid selling pressure

Stock Watch: Another week, another record high as bulls continue to reign
Markets

Stock Watch: Another week, another record high as bulls continue to reign

Mutual funds were the biggest buyers this week with net buying of $13.96 million followed by individuals buying equities worth $8.2 million

Pakistan stocks hit all-time highs amid likely tax relief for banks
Markets

Pakistan stocks hit all-time highs amid likely tax relief for banks

KSE-100 index gained 0.61% to close at 94,763.64 points

Pakistan's OGDC plans to drill 3 tight gas wells this year
Markets

Pakistan's OGDC plans to drill 3 tight gas wells this year

The company holds 32% of country’s 18,472 billion cubic feet gas reserves

Pakistan Petroleum Limited's cash collection ratio improves to 81% in FY24
Markets

Pakistan Petroleum Limited's cash collection ratio improves to 81% in FY24

The company's management expects the collection ratio to remain around 100% this year

Pakistan stocks close positive on economic optimism
Markets

Pakistan stocks close positive on economic optimism

KSE-100 index gained 0.9% to close at 94,191.89 points

Dollar at one-year high as Trump trade momentum eclipses Fed easing view
Markets

Dollar at one-year high as Trump trade momentum eclipses Fed easing view

Rise sparked by Donald Trump's election victory eclipsed a rise in bets for Federal Reserve easing

CCL Holdings offers to acquire 50% stake in Mitchells Fruit Farms
Markets

CCL Holdings offers to acquire 50% stake in Mitchells Fruit Farms

Two shareholders having a cumulative ownership of 40.63% of the company evaluating selling their entire stake

Lucky Cement export dispatches surge by 117% in the first quarter of FY25
Markets

Lucky Cement export dispatches surge by 117% in the first quarter of FY25

Management is optimistic that domestic cement demand will improve with easing inflation and interest rates