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Business

SYS also confirmed that the acquired company will operate as an independent entity under Systems Group, according to the Topline Securities report.

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Notably, the number of people operating a bank account has jumped from a mere 16 per cent in 2015 to a staggering 64 per cent in 2023.

Business

The trading volumes decreased to 215 million shares today as compared to 274 million shares in the previous session.

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Bulls dominated the PSX Friday on expectation that Pakistan will clear the IMF review of $7bln bailout programme, as IMF team visit concludes

Pakistan

PSX witnessed a positive trend largely due to the IMF review, Trump’s statement, a sharp decline in inflation, and a 6.5% drop in oil prices.

Business

Pakistan has taken a significant step by deciding to raise gas prices, a move that is anticipated to facilitate an agreement with the IMF.

Business

The State Bank of Pakistan (SBP) is expected to keep its key interest rate steady at 22 per cent this month, according to Topline Securities.

Business

In the third quarter of 2023, PSMC’s sales amounted to Rs29.9 billion, marking a modest year-on-year increase of 0.38 per cent.