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Today's Paper | April 27, 2024

KSE-100 index soars 700 points on hopes of rate cut

KSE-100 index soars 700 points on hopes of rate cut

"Expectations are running high for a rate cut," says analyst.

Updated 26 Apr, 2024 05:45pm

Related

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
PINL	7.3100	0.9700	15.30 ▲	1,000
FPRM	7.7500	1.0000	14.82 ▲	50,000
TRSM	2.1200	0.2200	11.58 ▲	9,000
AGSML	5.8700	0.4700	8.70 ▲	308,000
JSIL	17.5800	1.2300	7.52 ▲	1,000

Company	Price	Change	Change %	Volume
DWTMDEF	3.9000	-0.8900	-18.58 ▼	2,500
PASLDEF	0.6600	-0.0700	-9.59 ▼	543,500
FPJM	1.6000	-0.1500	-8.57 ▼	191,500
SERT	8.5500	-0.8000	-8.56 ▼	6,500
PIM	9.8900	-0.8100	-7.57 ▼	4,000

Updated Apr 26, 2024

US, Pakistan renew trade framework

US, Pakistan renew trade framework

A statement issued after the Lu-Aurangzeb meeting says their discussions underscored "the political will in Washington" to strengthen Pak-US ties.

Updated 26 Apr, 2024 12:01pm

World Bank sees fall in commodity prices

World Bank sees fall in commodity prices

Warns Middle East tensions could hit global progress on inflation.

Updated 26 Apr, 2024 09:17am

FBR, interior ministry told to crack down on rampant oil smuggling

FBR, interior ministry told to crack down on rampant oil smuggling

Directed to take “appropriate and immediate action to address this critical issue”.

Updated 26 Apr, 2024 07:59am

Roshan digital accounts inflows jump 29pc in March

Roshan digital accounts inflows jump 29pc in March

The breakdown of inflows in March shows that out of the total inflow, $17 million has been repatriated so far.

Updated 26 Apr, 2024 10:51am

Modern warehousing can transform agriculture, says finance minister

Modern warehousing can transform agriculture, says finance minister

"Robust growth in the agriculture sector" a macroeconomic indicator "underscoring the country's economic outlook", says finance minister.

Published 26 Apr, 2024 09:01am

SBP reserves down by $74m

SBP reserves down by $74m

SBP reports the country’s total reserves reached $13.280 billion.

Published 26 Apr, 2024 06:56am

Govt plans urea imports to ensure price stability

Govt plans urea imports to ensure price stability

The local producers have increased the urea prices by Rs500 to Rs700 per 50kg bag.

Published 26 Apr, 2024 06:56am

Faysal bank earns Rs6.5bn

Faysal bank earns Rs6.5bn

Earnings per share increase from Rs2.12 to Rs4.29.

Updated 26 Apr, 2024 09:21am

Bill to recover Rs2.7tr held up in tax litigation

Bill to recover Rs2.7tr held up in tax litigation

Wheat policy comes under severe criticism in NA; PTI members stage noisy protest over alleged maltreatment of Bushra Bibi.

Published 25 Apr, 2024 08:11am

Despite the strengths it enjoys, the govt increasingly seems inadequate to the task before it

Despite the strengths it enjoys, the govt increasingly seems inadequate to the task before it

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

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

Normalising trade with India

Normalising trade with India

Highlights

Brewing troubles

Brewing troubles

Fragility amidst global turmoil

Fragility amidst global turmoil

Remittance dependence in a changing world

Remittance dependence in a changing world

A storm is brewing and our economic policymakers remain aloof

A storm is brewing and our economic policymakers remain aloof

Red-tape stalls Karachi’s K-IV project

Red-tape stalls Karachi’s K-IV project

Missed opportunities

Missed opportunities

Aurora

The case for woman-friendly networking spaces

The case for woman-friendly networking spaces

Remembering Sabeen Mahmud [1974-2015]

Remembering Sabeen Mahmud [1974-2015]

Irani products make their way to Pakistan

Irani products make their way to Pakistan

Business & Finance

Fragility amidst global turmoil

Fragility amidst global turmoil

Given its reliance on energy imports and large expatriate population, Pakistan stands to suffer more than other Asian countries as tensions in the Middle East rise.

Updated 22 Apr, 2024 11:24am

Brewing troubles

Brewing troubles

"A crisis in the Middle East adds to complications, potentially requiring the State Bank to increase the interest rate".

Updated 22 Apr, 2024 11:23am

Oil prices stabilise... for now

Oil prices stabilise... for now

In the end, it turned out to be nothing “but a big show, and so the markets deflated as quickly as they spiked”, says economist.

Published 22 Apr, 2024 07:18am

Finance: Economy in need of sobriety

Authorities, quick to celebrate hollow victories, must wake up and deal with the realities of current law, order, governance, and economic situation to improve.

Updated 22 Apr, 2024 09:27am

Newspaper

FCA sets targets for major crops for kharif season

US, Pakistan renew trade framework

Roshan digital accounts inflows jump 29pc in March

World Bank sees fall in commodity prices

‘Modern warehousing can transform agriculture’

Govt plans urea imports to ensure price stability

SBP reserves down by $74m

Faysal bank earns Rs6.5bn

Stocks falter on institutional profit-taking

Propelled by economic optimism, index crosses 72,000 barrier

Regulator approves Rs392bn investment plan for K-Electric

T-bills more attractive bet than equities

Sugar prices surge amid reports of export ‘permission’

MCB Bank profit increases 27pc

Dairy exports to China on the cards

‘IMF surcharges on borrowings exacerbate global inequities’

Fauji, Fatima raise urea prices

Aurangzeb promises bold energy, taxation reforms

Bad loans surge by Rs70bn in 2023

‘Business, industrial activities shrink to 40pc’

$1bn investment plans proposed for ports uplift

Mahaana Islamic Index ETF listed

Stocks turn in depressed performance

PSX crosses 71,000-level