PSX stays bullish, gains 344 more points

ISLAMABAD, Feb 7 (APP):The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 344.85 points, a positive change of 0.54 per cent, closing at 64,143.87 points against 63,799.02 points the previous trading day. A total of 327,591,633 shares valuing Rs 14.308 billion were traded during the day as compared to… Continue reading PSX stays bullish, gains 344 more points

Exports increase by 7.89 % to $17.7bln in 7 months

ISLAMABAD, Feb 7 (APP):The exports from the country witnessed an increase of 7.89 percent during the first seven months of the current fiscal year (2023-34) compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported. According to the latest PBS data, exports from the country increased upto $17.782 billion during July-January… Continue reading Exports increase by 7.89 % to $17.7bln in 7 months

PSX stays bullish, gains 796 more points

ISLAMABAD, Feb 6 (APP):The 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Tuesday, gaining 796.10 points, a positive change of 1.26 per cent, closing at 63,799.02 points against 63,002.92 points the previous trading day. A total of 330,921,598 shares valuing Rs 15.195 billion were traded during the day as compared to 263,547,879… Continue reading PSX stays bullish, gains 796 more points

World urged to pay attention towards Kashmiris’ sufferings

ISLAMABAD, Feb 6 (APP):Speakers at a Kashmir Solidarity Symposium underlined the urgent need for global attention and support towards sufferings faced by the people in Indian Illegally Occupied Jammu and Kashmir. The symposium, organize to mark ‘Kashmir Solidarity Day’ was hosted by the Jammu Kashmir Peace & Justice Organization in Muzaffarabad, according to press statement… Continue reading World urged to pay attention towards Kashmiris’ sufferings

Weekly inflation dips by 0.28 pc

ISLAMABAD, Feb 2 (APP):The weekly inflation measured by the Sensitive Price Indicator (SPI), witnessed a decrease of 0.28 per cent for the combined consumption groups during the week ended on February 1st, the Pakistan Bureau of Statistics (PBS) reported on Friday. According to the PBS data, the SPI for the week under review in the… Continue reading Weekly inflation dips by 0.28 pc

CDWP okays Rs2 bln project, recommends 3 projects worth Rs136.6 bln 3 to ECNEC

ISLAMABAD, Feb 1 (APP):The Central Development Working Party (CDWP) here on Thursday granted approval to a development project worth Rs.2 billion and recommended three projects worth Rs. 136.660 billion to the Executive Committee of the National Economic Council (ECNEC) for further consideration. The CDWP meeting was chaired by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan… Continue reading CDWP okays Rs2 bln project, recommends 3 projects worth Rs136.6 bln 3 to ECNEC

PSX turns around to bullish trend, gains 137 points

ISLAMABAD, Jan 31 (APP):The 100-index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Wednesday, gaining 137.44 points, a positive change of 0.22 percent, closing at 61,979.18 points against 61,841.74 points the previous trading day. A total of 276,464,818 shares valuing Rs 9.271 billion were traded during the day as compared to… Continue reading PSX turns around to bullish trend, gains 137 points

Macroeconomic stabilization leads to improvement in economic activities: Report

ISLAMABAD, Jan 31 (APP):The country’s economy experienced a notable stabilization during the first half of the current fiscal year (2023-24), owing to implementation of effective measures and prudent policies by the interim government that played a pivotal role in achieving this milestone. “The first half of FY2024 has ended with economic stabilization. The government’s effective… Continue reading Macroeconomic stabilization leads to improvement in economic activities: Report

Tea import bill up by 5.53 percent to $336.4 mln in 6 months

ISLAMABAD, Jan 31 (APP):Tea imports into the country witnessed an increase of 5.53 percent during the first half of current fiscal year as compared to the last year’s corresponding period, Pakistan Bureau of Statistics (PBS) reported. The tea imports into the country increased up to $336.423 million during July-December (2023-24) compared to the imports of… Continue reading Tea import bill up by 5.53 percent to $336.4 mln in 6 months

SBP organizes art competition for new banknote designs

ISLAMABAD, Jan 30 (APP):The State Bank of Pakistan (SBP) has been organizing an Art Competition to have innovative and thematic design ideas for the new series banknotes. “The State Bank of Pakistan (SBP) has initiated the process for issuance of a new banknote series. To have innovative and thematic design ideas for the new series… Continue reading SBP organizes art competition for new banknote designs

Fruit exports soar by 9.31%, hitting $171 mln in 1st half

ISLAMABAD, Jan 30 (APP):Pakistan’s fruit exports surged by 9.31 percent in the initial half of the ongoing fiscal year compared to the same period last year, Pakistan Bureau of Statistics (PBS) reported. According to PBS data, fruit exports reached to $171.280 million from July to December (2023-24), showcasing a notable increase from the exports of… Continue reading Fruit exports soar by 9.31%, hitting $171 mln in 1st half

EU providing additional €100 mln to enhance post-flood resilience

ISLAMABAD, Jan 29 (APP):The European Union (EU) would provide an additional EUR 100 million to reinforce Pakistan’s resilience in the aftermath of the devastating 2022 floods that severely impacted the nation. According to press statement issued by Economic Affairs Division, EU Ambassador to Pakistan, Ms. Riina Kionka and Secretary of the Ministry of Economic Affairs,… Continue reading EU providing additional €100 mln to enhance post-flood resilience

Weekly inflation falls by 0.14 pc

ISLAMABAD, Jan 26 (APP):The weekly inflation measured by the Sensitive Price Indicator (SPI), witnessed a decrease of 0.14 per cent for the combined consumption groups during the week ended on January 25, the Pakistan Bureau of Statistics (PBS) reported on Friday. According to the PBS data, the SPI for the week under review in the… Continue reading Weekly inflation falls by 0.14 pc

PSX stays bullish, gains 368 points

ISLAMABAD, Jan 24 (APP):The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 368.21 points, a positive change of 0.57 percent, closing at 64,822.43 points against 64,454.22 points the previous trading day. A total of 479,982,148 shares valuing Rs.22.501 billion were traded during the day as compared to 425,709,896 shares… Continue reading PSX stays bullish, gains 368 points

Pakistan exports seafood worth $199 mln in first half

ISLAMABAD, Jan 24 (APP): Pakistan earned $199.023 million by exporting 92,621 metric tonnes of fish and fish preparations during the first half of the current fiscal year, Pakistan Bureau of Statistics (PBS) reported. AS compared to the exports of $225,217 million during July-December (2022-23), the fish exports during the July-December (2023-23) witnessed declined of 11.63… Continue reading Pakistan exports seafood worth $199 mln in first half

PSX stays bullish, gains 514 points

ISLAMABAD, Jan 23 (APP):The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday, gaining 514.81 points, a positive change of 0.81 percent, closing at 64,454.22 points against 63,939.41 points the previous trading day. A total of 425,709,896 shares valuing Rs.24.995 billion were traded during the day as compared to 298,699,061 shares… Continue reading PSX stays bullish, gains 514 points

Gold imports fall by 6.02% to $13.5 mln in 1st half

ISLAMABAD, Jan 23 (APP):The imports of gold decreased by 6.02 percent during the first half of the current fiscal year as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported. The gold imports during the July-December (2023-24) were recorded at $ 13.562 million as compared to the imports of $14.431… Continue reading Gold imports fall by 6.02% to $13.5 mln in 1st half

PSX turns to bullish trend, gains 657 points

ISLAMABAD, Jan 22 (APP):The 100-index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Monday, gaining 657.19 points, a positive change of 1.04 percent, closing at 63,939.41 points against 63,282.23 points the previous trading day. A total of 298,699,061 shares valuing Rs.12.515 billion were traded during the day as compared to 287,310,860… Continue reading PSX turns to bullish trend, gains 657 points

Exports increase by 35.33% to Rs 4.3 trillion in 1st half

ISLAMABAD, Jan 22 (APP):The exports from the country in the rupee term witnessed an increase of 35.33 percent during the first half of the current fiscal year as compared to the corresponding period of last year, the Pakistan Bureau of Statistics (PBS) reported. Exports during July-December (2023-24) were recorded at Rs.4,300,752 million as against Rs.3,177,893… Continue reading Exports increase by 35.33% to Rs 4.3 trillion in 1st half

Textile exports earn $8.283 billion for Pakistan in 1st half

ISLAMABAD, Jan 19 (APP):Pakistan earned $ 8,283,261 million from exports of textile products during the first half of the current financial year (2023-24), the Pakistan Bureau of Statistics (PBS) reported here Friday. The exports of the product however witnessed a decline of 4.97 percent during July-December (2023-24) when compared to the exports of $ 8,716,437… Continue reading Textile exports earn $8.283 billion for Pakistan in 1st half

Author: Muhammad Ashraf Wani