Tag: business current events this week
The PSX hits 800 points after political clarity
Banks, fertilizers, E&Ps, OMCs, and refineries in spotlight.
Petrol price to remain unchanged for next two weeks
Official notification indicates a price increase of Rs5 per litre for high-speed diesel
KP roads rehabilitation loan approved by ADB for $320m
Bank to assist government in conducting flood susceptibility study for enhancing road safety in KP
US election debates dominate stock market rates
Harris and Trump’s sole debate could change the US presidential election for the better
Moody’s upgrades Pakistan’s rating to ‘Caa2’
Pakistan’s loan deal should be approved by the IMF Executive Board within the next few weeks, according to a credit agency
Government intensifies anti-power theft drive, recovers Rs105bn
This is part of a broad crackdown on energy pilferers aimed at solving the power crisis and creating fiscal space for the economy
A deal with the IMF will stabilize Pakistan’s economy
According to the minister, Pakistan must implement structural reforms and become self-sufficient
Intraday trading on the PSX surpasses 81,000
In intraday trading, the benchmark KSE-100 index jumped 483.98 points to 81,050.18 points
Pakistan ‘fulfills all requirements’ for new IMF deal on cards
“My estimate is that the package will be north of $6 billion,” says state minister for revenue
The government raises petrol prices by Rs7.45 per litre
“Global market trends are pushing up HSD prices” by Rs9.56 per litre.