Tag: Exchange
Pakistan, UAE ink agreement on transfer of prisoners
Interior MinisterRehman Malik and Interior Minister of United Arab Emirates (UAE) Sheikh Saif Bin Zayed Al Nahyan signed agreement on transfer of sentenced prisoners...
24 liquidating firms de-listed by Karachi Stock Exchange
The Karachi Stock Exchange (KSE) Tuesday de-listed 24 companies that have either been liquidated or are under the process of liquidation. Such bad news...
Karachi Stock Exchange gains 259 points as trade volumes hit record...
The trading volumes at Karachi Stock Exchange (KSE) hit the historic high on Friday as hopes for good news on the unpopular Capital Gains...
Karachi Stock Exchange 100 ends on sour note, with 88pts drop
It was time to do some year end portfolio cleaning at the local bourse today as investors looked to primp their numbers on the...
Exchange programme can promote harmony: PCC head
Pakistan Christian Concern headed by Canon Yaqub Masih has completed its homework to launch a cultural exchange programme between UK and Pakistan in an...
Foreign Exchange Reserves
Every now and then we hear about our foreign exchange reserves reaching a record high or low, though with not much interest. During a...
Selling pressure draws bears back to Karachi Stock Exchange
Despite the positive result from oil sector heavyweight OGDC, the market sentiment remained negative again today as the KSE-100 index slipped 104 points in...
SBP suspends license of exchange firm
The State Bank of Pakistan (SBP) has debarred M/s World Express Exchange Company-B (Pvt.) limited from undertaking any kind of business activity. The central...
Karachi Stock Exchange overcomes bear hug to post 44 point gain
Renewed buying coupled with short covering in banking, cement and Oil and Gas exploration stocks well-countered massive onslaught in the fertiliser stocks, wherein Fauji...
Bulls storm Karachi Stock Exchange with 238 point gain
Triple digit cut in interest rate allowed the benchmark to gain 3.3 per cent during early trade, wherein majority stocks either traded, or managed...
Fierce selling scares bulls at Karachi Stock Exchange
Low volume strength during early trade poured in green numbers, but fierce selling mainly in the high priced frontline and fertiliser stocks disallowed the...
Raging bulls run out of steam at Karachi stock exchange
Steam fizzles out from the over heated run-up that was undoubtedly initiated by the fertiliser sector with most triggers in upcoming period already priced...
One step forward, two steps back
Last week’s short-lived euphoria over German and Finnish go-ahead on the ESFS position, and the euro trend it prompted, is typical of the one...
Bulls regain momentum at Karachi Stock Exchange
Investors turn bullish as KSE 100 index closed at 11,762 with highest volumes of 97 million for the week. National Saving Schemes reduced the...
SBP, exchange firms dispute over ‘formula’ as currency market awaits $15-20m
The State Bank of Pakistan (SBP) has no “formula” as the local dollar-hungry currency market is desperately looking at the regulator for the injection...
The exchange rate examined
Amidst the revelation of the true face of the global crisis, soaring apprehensions on the ground are rooted in finding out what one’s deemed...
Cellular companies hurt by rupee-dollar exchange rate
As the Pakistani rupee fell to a fresh record low against the US dollar in the recent days, cellular companies are among the most...
