Led by blue chips, PSX gains 609 points
Listen to article KARACHI: Pakistan Stock Exchange (PSX) recovered on Friday as it climbed over 600 points in the wake of investor interest in blue-chip oil and cement companies amid surging global crude prices and falling government bond yields. The inflow of remittances in Pakistan surged 29.3% year-on-year (YoY) to $3.1 billion in December 2024 and projections […]
Cotton harvest drops to30-year low last season
Listen to article LAHORE: Pakistan’s cotton production dropped to 5.6 million bales last season, marking the lowest output in 30 years, said the president of Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) at a think-tank session at the PCJCCI Secretariat on Friday. According to a statement, PCJCCI President Nazir Hussain highlighted that research conducted by the […]
Remittances surge to record $3.1b
Listen to article KARACHI: Workers’ remittances recorded a significant inflow of $3.1 billion during December 2024, marking a year-on-year (YoY) growth of 29.3% and a month-on-month (MoM) increase of 5.6%, according to the State Bank of Pakistan (SBP). Cumulatively, remittances reached an impressive $17.8 billion during the first half of FY25 (H1FY25), reflecting a 32.8% rise compared […]
Agha confident in Pak’s CT preparations
Pakistan all-rounder Salman Ali Agha addressed the media on Friday ahead of a busy cricket season, which includes the much-anticipated Champions Trophy 2025 in Pakistan and the West Indies Test series. Salman expressed confidence in the team’s preparation and shared insights into various aspects of Pakistan cricket, including the upcoming Pakistan Super League (PSL) 10. […]