Category: Business

Business news from Pakistan

KPT shipping movements report

KARACHI, Apr 03 (APP):Following were the Movements of Ships at Karachi Port Trust (KPT) during last 24 hours, ending at 0700 hours on Wednesday. SHIPS BERTHED: Arman 10 Container Ship SC Taipei Tanker M.T Quetta Tanker GSL Elizabeth Container Ship SHIPS SAILED: M.T Mardan Uafl Dubai Daytona Beach Global Highway PIA Jolly Palladio Koi Olympia… Continue reading KPT shipping movements report

Kerb currency market

KARACHI, Apr 03 (APP):Following were the Opening Rates of foreign currencies in kerb market issued by the Exchange companies Association of Pakistan, here on Wednesday. F.C. BUYING SELLING INTER BANK 277.90 278.00 USD 278.00 280.75 EURO 297.60 300.55 GBP 347.60 351.05 JPY 1.81 1.90 AED75.40 76.15 SAR73.30 74.03 CAD 203.00 206.00 AUD 178.50 180.50

Currency rates of NBP

KARACHI, Apr 03 (APP):Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Wednesday. CURRENCY SELLING BUYING USD 281.08 275.02 GBP 353.62 345.97 EUR 302.95 296.95 JPY 1.8546 1.8145 SAR 74.94 73.32 AED 76.54 74.87

CCP issues show cause notices to fertilizer firms

ISLAMABAD, Apr 02 (APP): The Competition Commission of Pakistan (CCP) on Tuesday issued Show Cause Notices to the Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC) and six leading fertilizer companies for allegedly fixing urea prices, a prima facie violation of Section 4 of the Competition Act, 2010. Urea prices play a crucial role in determining… Continue reading CCP issues show cause notices to fertilizer firms

Services exports decrease by 1.37 pc in 8 months

ISLAMABAD, Apr 2 (APP): Exports of services during the first 08 months of the current financial year decreased by 1.37 percent as compared to the exports of the corresponding period of the last year. During the period from July to February, 2023-24 exports of services were recorded at $5.079 billion as against the exports of… Continue reading Services exports decrease by 1.37 pc in 8 months

PSX turns bullish, gains 89 points

ISLAMABAD, Apr 2 (APP): The 100-index of the Pakistan Stock Exchange (PSX) on Tuesday turned around to bullish trend, gaining 89.94 points, a slight positive change of 0.13 percent, closing at 66,886.26 points against 66,796.32 points the previous trading day. A total of 239,650,377 shares valuing Rs.8.940 billion were traded during the day as compared… Continue reading PSX turns bullish, gains 89 points

Shipping activity at Port Qasim

KARACHI, Apr 02 (APP):Shipping activity was reported at the port where five ships,MSC Prelude V, Supra Duke, Goofy, Al-Areesh, UOG Sparta scheduled to load/offload Containers, Rice, Coal,LNG and Mogas, berthed at Container Terminal, Multi-Purpose Terminal, Gasport Terminaland Oil Terminalrespectively on Monday. Meanwhile three more ships, Hanze Goteborg, Ardmore Cherokee and Chemroad Journeyscheduled to load/offload Rice,… Continue reading Shipping activity at Port Qasim

Kerb currency market

KARACHI, Apr 02 (APP):Following were the opening rates of foreign currencies in kerb market issued by the Exchange companies Association of Pakistan, here on Tuesday. F.C. BUYING SELLING INTER BANK 277.90 278.00 USD 278.00 280.75 EURO 296.35 299.30 GBP 346.60 350.05 JPY 1.80 1.90 AED75.40 76.15 SAR73.65 74.40 CAD 202.50 205.50 AUD 177.50 180.50

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