KSE-100 Index Dropped Down by 786.30 Points to Close at 45,051.05
KSE-100 index dropped down to 45,051.05 with a sudden dip of 786.30 points by the end of the day.
Finance
KSE-100 Index Surged by 588.81 Points to Reach 45,837.35
KSE-100 at PSX surged by 588.81 points to touch 45,837.35 level after PM’s address to the nation about his ‘vote of confidence.
PKR Gained Strength of 10 Paisa Against USD
PKR gained value against USD, GBP, and EUR, and witnessed a relatively favorable week.
Government’s Debt Surged by 11% YoY in Jan’21
Pakistan’s debt surged by 11% on a year-over-year basis in Jan’21. However, the MoM surges was just 1%.
PKR Remained Relatively Same Against USD and Closed at PKR 157.1
In the interbank session today, the Pakistani rupee (PKR) lost several paisa against USD and closed at Rs. 157.16 to USD. The previous day it closed at Rs. 157.13 to USD.
PKR Strengthens by 71 Paisa Against USD
PKR strengthened by 71 paisas against USD and was traded at Rs. 157.13 compared Rs. 157.84.
PKR Strengthened Against USD by 19 Paisa
In the interbank session today, the Pakistani rupee (PKR) strengthened by 19 paisa against USD and closed at PKR 157.85 per USD. In the previous session, it closed at PKR 158.04 per USD.
Shell Pakistan Reported an Annual Loss of PKR 4.82 Billion
For the year ended December 31, 2021, Shell Pakistan Limited (SHEL) reported losses of Rs. 4.82 billion, showing an increase in losses of 224% compared to the losses reported last year.
FBR hold tax awareness session in Rawalpindi college
To spread tax awareness in the society, FBR recently held a session at F.G Post Graduate College for Women, Kashmir Road, Rawalpindi.
PMRC & Partner Financial Institutions to promote Low-cost housing finance
Pakistan Mortgage Refinance Company (PMRC) and its Partner Financial Institutions (PFIs) joined hands to provide…
UBL Annual Profit Surged by 9% YoY in 2020
UBL’s annual profit witnessed a hike of 9% in 2020 compared to 2019. The reported profit after tax was Rs. 20.9 billion.
PKR Witnessed a Hike in Value When it Closed at PKR 158.04 to USD
IN today’s interbank session, PKR gained its value by 6 paisa and closed at PKR 158.04 to USD.
Pakistan Aims to Pace Up Towards Achieving the Remaining FATF Plans
Pakistan plans to boost the efforts to fulfil the requirements in the remaining areas of the Financial Action Task Force (FATF) action plan.
FBR Again Successfully Crossed its Tax Targets for FY21
During the first eight months of FY21, FBR successfully crossed its target, collecting Rs. 2,916 billion as tax.
Govt. Rejects The Summary To Increase Petrol Prices From March 1
The federal government has decided to maintain the prices of petroleum products for the next…
PKR Appreciated Against USD with a Hefty Amount During the Week
In the interbank session today, PKR remained at PKR 158.1 to USD – which said to be the lowest rate during the previous three months.
2 Industrial Estates Get Property Tax Relief from the Government
Hayatabad Industrial Estate and Small Industrial Estate, Kohat Road, Peshawar is expecting a property tax relief from the next financial year.
PKR Appreciated Against USD by 36 Paisa on Feb 26th
In the interbank session today, the Pakistani rupee (PKR) appreciated by 36 paisa against USD and closed at PKR 158.1 per USD. While it stood at PKR 158.46 per USD the previous day.
FATF Decided To Keep Pakistan On Grey List For 4 More Months
The FATF has expressed satisfaction over Pakistan’s measures against terror financing and money laundering and…
FATF Grey List Inflicted Pakistan With $38 Billion In Loss
Being on the Financial Action Task Force (FATF) grey list has cost the Pakistani economy…