Shares rally 500 points at PSX in intraday trade – Business

Shares at the Pakistam Stock Exchange (PSX) traded in the green on Wednesday as stocks gained 500 points in early morning trade, with analysts attributing the rally to “robust results” of companies and clarity on government formation. The benchmark KSE-100 index gained 507.79, or 0.8 per cent, to stand at 63,726.88 at 11:46am from the […]

Pakistan eyes $20b in trade with Saudi Arabia

ISLAMABAD: Observing that the current trade volume falls short of expectations, Caretaker Federal Minister for Commerce and Industry, Gohar Ejaz said that Pakistan aims to lift bilateral trade with Saudi Arabia upto $20 billion. Addressing the Pakistan-Saudi Business Forum in Riyadh on Thursday, the minister said that legislation would be enacted to promote bilateral investment […]

Bears drag KSE-100 down by 900 points during intraday trade – Business

Shares at the Pakistan Stock Exchange (PSX) traded in the red on Friday as stocks plunged by more than 900 points in intraday trade as analysts attributed the losses to uncertainty on the political front. At 12:09pm, the benchmark KSE-100 index plunged by 984.38, or 1.61 per cent, to stand at 60,035.67 from the previous […]

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