PSX Highlights of the Day
Company Price Change Change % Volume
WTL 1.5100 0.2300 17.97 407,883,727
UVIC 5.7900 0.6900 13.53 500
HUMNL 9.0300 1.0000 12.45 56,105,156
FTSM 9.1700 1.0000 12.24 11,500
GGGL 6.8800 0.6700 10.79 12,642,000
Updated May 08, 2024

Stocks drift lower on profit-taking

Stocks drift lower on profit-taking
Some investors opt to take profits at the day’s high level, compelling the benchmark index to shed earlier gains and settle in the red.
Published 08 May, 2024 07:39am

Business & Finance

Packaging film sector on the rise

Packaging film sector on the rise
"Total local market size is Rs80-100bn, and we expect an annual growth of 7-8pc in flexible packaging films by food companies," IPAK CEO says.
Updated 06 May, 2024 09:57am

Tax reforms — easier than expected

Tax reforms — easier than expected
An integrated digital system is needed through which records of interest and dividend payments made by financial institutions would be linked to the tax system.
Updated 06 May, 2024 09:14am

Wheat’s tricky procurement

Wheat’s tricky procurement
Govt’s inability to set sustainable wheat support price policy due to corrupt procurement system harms farmers’ profits and national agricultural productivity.
Updated 06 May, 2024 10:03am

Subsidies vs market forces

Subsidies vs market forces
About 24pc of the total wheat produced was procured in the country last year, which created the burden of almost Rs233bn.
Updated 06 May, 2024 10:10am