Kazim Alam

Stocks suffer biggest-ever plunge of 2,534 points

Index down 11pc from its peak on Dec 12. Updated 27 Dec, 2023 08:50am

Co-working space startup raises Rs200m

The firm has also rolled out a new business model wh­ere it will serve as a property manager for landlords. Updated 05 May, 2024 04:56pm

Stocks outshine all asset classes in 2023

Research says benchmark of major shares listed on PSX gained 53pc, including dividends, in outgoing year. Published 24 Dec, 2023 06:29am

PSX posts its second biggest fall ever

Leveraged traders liquidated their positions in large numbers on Tuesday and caused a downward spiral, says expert. Updated 20 Dec, 2023 08:03am

Millat Group keen on acquiring Hascol

Hascol Petroleum has been in trouble since 2018 partly for making inaccurate entries in its financial accounts. Published 19 Dec, 2023 07:09am

‘Mobilise domestic savings to grow per capita income’

While urging SECP to limit itself to “light regulation", former SBP governor Dr Ishrat Husain calls for consolidation in the insurance sector. Updated 15 Dec, 2023 07:45am

FM Shamshad calls for privatising State Life

Urges end to public sector dominance in life insurance. Updated 14 Dec, 2023 07:30am

‘Pakistan has no public disaster insurance plan’

SECP insurance division director also highlights there’s no public property insurance programme in place. Updated 13 Dec, 2023 08:53am

Will Sukuk auction on stock market ‘threaten’ Islamic bank deposits?

As opposed to earlier practice where only commercial banks placed bids for govt debt, now general public can also make risk-free investments. Updated 10 Dec, 2023 09:44am

PSX to hold first-ever Sukuk auction today

Expected to bring the interest or profit rate on the govt debt down. Updated 08 Dec, 2023 07:39am

Sui Southern Gas Company subsidiary to go public

Process for “issuance of 33.3m shares” of SSGC LPG Ltd by means of an initial public offering (IPO) to be initiated at “any time in (the) future”. Published 07 Dec, 2023 07:31am

SBP launches P2M payments under Raast

“Businesses should adopt digitisation to increase sales,” SBP's Syed Sohail Javaad says. Published 06 Dec, 2023 07:08am

Interview with Dr Miftah Ismail, former finance minister of Pakistan

Published 30 Nov, 2023 10:48am

Insurance player to get listed after reverse merger

Reverse merger will allow TPL Insurance to become a publicly traded firm simply by acquiring controlling shares in a listed entity. Published 30 Nov, 2023 07:08am

Relentless PSX surges past 60,000 milestone

Rally in stock prices witnessed since beginning of 2023-24 one of fastest in last two decades, analyst says. Published 29 Nov, 2023 07:11am

Islamic banks brace for minimum deposit rate

Finance minister says SBP should review the issue of minimum deposit rate. Updated 28 Nov, 2023 07:37am

Economic optimism fuels PSX rally

Analyst says KSE-100 index closed at all-time high as current account deficit for Oct decreased by 91pc. Published 26 Nov, 2023 07:03am

Cement maker completes biggest share buyback

Lucky Cement completes second share buyback exercise representing 6.5pc of its paid-up capital at spot prices. Updated 22 Nov, 2023 08:18am

How the economic fortunes of ‘Partition’s children’ diverged

Last decade of 20th century saw Pakistan lose steam while India and Bangladesh surged ahead, argues Dr Ishrat Husain in his latest book. Published 19 Nov, 2023 07:02am

SBP chief sees CAD below $100m in Oct

KARACHI: State Bank of Pakistan (SBP) Gover­nor Jameel Ahmad said on Friday the central bank is expecting the... Published 18 Nov, 2023 07:05am