Tuesday, February 7, 2023

NBP issues foreign exchange rates

Treasury management division of the National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates...

K-Electric and CTGSAIL partner to explore renewable energy in Pakistan

K-Electric and China Three Gorges South Asia Investment Ltd (CTGSAIL) have joined forces to explore the potential for renewable energy....

PSX rocks to the beat of positive investor sentiment

The Pakistan Stock Exchange (PSX) experienced a positive day on February 6, 2023, as the KSE-100 index increased by 719.61 points (1.78%) to close...

Gold price declines by Rs200 to Rs204,300

The gold price of 24 karat plunged by 200 on Monday, to clock in at Rs204,300, a similar drop is also witnessed in 10-gram 24kt gold...

Rupee gains strength against dollar, up by Rs1.28

After enduring a massive depreciation against the greenback, the Pakistan Rupee (PKR) has showed some strength against the dollar on Monday...

Oilboy Energy acquires new petrol pump on lease for 15 years

The Oilboy Energy Limited (OBOY) has obtained a petrol pump on lease for a period of 15 years in line with the memorandum of association...

KTML BoD decides to buy back 30mn shares from market

The board of directors of Kohinoor Textile Mills Limited (KTML) on Monday announced that the company will buy back its 30 million...

IMF, China, Paris Club urged to aid Pakistan’s economic woes – Financial Times report

Pakistan is facing a dire economic situation, with a risk of default and a shortage of basic necessities like food and medicine...

Oil prices rise after falling 8% last week

Oil prices surged in early trade on Monday after falling around 8% to more than three-week lows last week due to jitters about major economies...

AVN boosts paid-up capital through Employee Share Option Scheme

Avanceon Limited (AVN) has increased its paid-up capital to 327,215,522 shares after the Central Depository Company (CDC) allotted 2,514,891 shares to eligible.

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