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Sadaan Khan

Sadaan Khan

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Business

Web Desk
Jan 16, 2025

PSX suffers losses as KSE-100 drops over 700 points

The Pakistan Stock Exchange (PSX) opened in the green on Thursday, with the benchmark KSE-100 index rising by 386.48 points to reach 114,882.18 within the first two minutes of trading. The initial trading volume stood at 767,812.

Business

Web Desk
Jan 16, 2025

PKR edges up 7 paisa in early trading against US dollar

On the second-to-last trading day of the week, the Pakistani rupee (PKR) appreciated by 7 paisa against the US dollar, with currency exchange companies quoting the greenback at Rs278.70 before 10:00 AM.

Business

Web Desk
Jan 16, 2025

Pakistan needs structural reforms to sustain growth, reduce poverty: WB

Pakistan’s current growth model, characterised by high public consumption, mounting debt, low productivity, and insufficient capital accumulation, is becoming increasingly unsustainable.

Business

Web Desk
Jan 15, 2025

Govt pays off Rs1.5 trillion debt in first half of FY25

The government has managed to reduce its debt from commercial banks by Rs1.541 trillion in the first half of this fiscal year.

Business

Web Desk
Jan 15, 2025

Govt announces 45 per cent cut in EV charging tariff

The government of Pakistan has announced a major reduction in the electricity tariff for electric vehicle (EV) charging stations, aiming to boost the country’s EV infrastructure.

Business

Web Desk
Jan 15, 2025

Auto sales surge by 54 per cent amid easing interest rates

The automotive sector saw strong sales performance during the first half of fiscal year 2025 (IHFY25), with the exception of the tractor segment, despite Saazgar Engineering Works Ltd not releasing its sales figures.

Business

Web Desk
Jan 15, 2025

PSX opens in green, KSE-100 surges over 900 points

PSX opened in the green on Wednesday, with the benchmark KSE-100 index rising by 738.1 points within the first 35 minutes of trade.

Business

Web Desk
Jan 15, 2025

Intraday trade: PKR rises by 4 paisa against USD

The Pakistani rupee (PKR) rose by 4 paisa against the US dollar (USD) in the early trading hours on Wednesday.

Business

Web Desk
Jan 13, 2025

Intraday trade: PKR gains 3 paisa against USD

The Pakistani rupee (PKR) recorded a slight improvement against the US dollar (USD), appreciating by 0.01 per cent in the interbank market during the initial trading hours on Monday.

Business

Web Desk
Jan 13, 2025

PSX starts week on positive note as KSE-100 rises by 800 points

The Pakistan Stock Exchange (PSX) started the first trading day of the week on a positive note, with the benchmark KSE-100 index gaining 651.51 points to reach 113,898.8 at around 9:33 AM on Monday.