Business - DAWN.COM

Bulls return to PSX as shares gain over 800 points in intraday trade

Analyst attributes gains to improved inflation numbers.

Updated 03 May, 2024 11:35am

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
AGLNCPS	8.5900	1.0000	13.18 ▲	500
SGPL	5.7300	0.6600	13.02 ▲	28,500
FPRM	8.8900	0.7900	9.75 ▲	2,000
PIM	11.3800	1.0000	9.63 ▲	2,000
SAIF	12.0000	1.0000	9.09 ▲	214,500

Company	Price	Change	Change %	Volume
HIRATDEF	1.6900	-0.3300	-16.34 ▼	1,088,000
FIBLM	3.0000	-0.4000	-11.76 ▼	6,500
TRSM	1.9000	-0.2500	-11.63 ▼	4,000
GFIL	8.5900	-0.8100	-8.62 ▼	17,500
RUBYDEF	6.2500	-0.5500	-8.09 ▼	3,500

Updated May 02, 2024

US supports Pakistan’s efforts for IMF bailout

Encourages Pakistani govt to prioritise and expand reforms to address its economic challenges.

Updated 03 May, 2024 07:58am

States opting for innovation to boost economy, UN report says

The UN says greater productivity levels could be reached through specialising in existing strengths.

Updated 03 May, 2024 10:15am

Exports rebound to $2.35bn

Trade deficit widens 181pc in April.

Published 03 May, 2024 09:16am

Govt hints at 27pc hike in PSDP

13th joint meeting on CPEC likely on 22nd.

Updated 03 May, 2024 09:55am

FPCCI defends wheat imports

FPCCI President says that wheat support price should continue for the farmers as they need a support mechanism for the guaranteed sale of their crops.

Published 03 May, 2024 09:10am

SBP reserves rise above $8bn

Industry experts suggest that the SBP’s typical strategy involves purchasing dollars from the interbank market.

Published 03 May, 2024 09:16am

Bears in control at PSX for third straight session as shares shed 400 points

Analyst attributes bearish trend to SBP leaving its key policy rate unchanged and correction after substantial rally of past few months.

Published 02 May, 2024 04:10pm

Lowest inflation rate in 2 years result of PDM govt’s hard work: PM Shehbaz

Month-on-month inflation down 0.4pc, showing negative growth for the first time since June 2023.

Updated 02 May, 2024 09:01pm

Biden blames China, Japan and India’s economic woes on ‘xenophobia’

Biden says one of the reasons the US economy is growing is because the US "welcomes immigrants".

Published 02 May, 2024 02:03pm

PM’s steps to tackle Customs corruption will succeed only if FBR’s covert graft practices are busted

Nobody believed a woman could stabilise economy: ex-finance minister Shamshad Akhtar

Why Pakistan must diversify its foreign exchange reserves to move away from dollar dependence

Highlights

How can Pakistan boost productivity to meet the needs of frustrated people?

Normalising trade with India

Brewing troubles

Fragility amidst global turmoil

Remittance dependence in a changing world

A storm is brewing and our economic policymakers remain aloof

Aurora

Calling all aspiring filmmakers!

Snowhite’s legacy in Pakistan

Understand your Nikahnama through Easypaisa

Business & Finance

Mutiny against the greenback

Pakistan must diversify its reserves to move away from dollar dependence amid global crises and disrupted supply chains.

Updated 29 Apr, 2024 01:08pm

The paradox of bountiful harvests

In a food-insecure country, farmers deliberately destroy hundreds of thousands of tonnes of crop.

Published 29 Apr, 2024 06:59am

Pakistan’s trade potential in Asia

In the last fiscal year, Pakistan’s goods exports to India and Iran totalled just $0.3m and $28,000, respectively, while exports to Afghanistan fell to $522m from $553m.

Published 29 Apr, 2024 06:59am