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Stocks jump in July as Covid-19 outlook improves

Stocks jump in July as Covid-19 outlook improves

The benchmark KSE-100 index on the last day of week and month — Thursday — closed the week in green, gaining 1,651 points or 4.4 percent compared to the last week. “PSX breaks records with…

No monetary policy till September, says State Bank

No monetary policy till September, says State Bank

The State Bank of Pakistan on Thursday said that it will not hold the scheduled monetary policy meeting in August given the meetings that have taken place in recent months.  “Given the number of MPC…

Rupee Continues to Fall Against the Dollar

Rupee Continues to Fall Against the Dollar

The dollar recorded stellar gains to reach the fiscal year high against the rupee as despite falling demand for the greenback in the interbank as well as the open market.  On Tuesday, the dollar was…

Industry activity in May falls 25pc

Industry activity in May falls 25pc

Pakistan’s large-scale manufacturing sector during the period between July to May 2019-20 declined by 10.32 per cent as the demand for the country’s goods in the local as well as international markets plummeted due to…

12-month FDI jumps 88pc to $2.56bn

12-month FDI jumps 88pc to $2.56bn

Foreign direct investment into the country jumped by 45 percent in June to $174.8 million compared to May 2020 after recording declines for two consecutive months in the last quarter of fiscal year 2019-20, latest…

Security situation in Pakistan has improved a lot: Foreign investors

Security situation in Pakistan has improved a lot: Foreign investors

Foreign investors have shown their satisfaction over the improving security situation in the country as they appreciated the law enforcement agencies for their efforts in reducing violence.  The findings were released by the Overseas Investors…