Karachi, April 29, 2024 : On Monday, the State Bank of Pakistan (SBP) opted to maintain the policy rate at 22 percent for the seventh consecutive session. The announcement followed a meeting of the bank’s Monetary Policy Committee (MPC). In its statement, the MPC emphasized the importance of maintaining the current monetary policy stance to…
Karachi, April 29, 2024 : The KSE-100 index of the Pakistan Stock Exchange (PSX) ended Monday on a negative trajectory, shedding 1,047.71 points with a decline of 1.44 percent, closing at 71,695.03 points compared to the previous trading day’s 72,742.74 points. During today’s trading session, the PSX 100-index displayed a wide range of movement, reaching…
Karachi, 29th April 2024: Indus Motor Company (IMC) announced its financial results for the nine-month period ending March 31, 2024, that witnessed a 61% increase in profit after tax, to PKR 9.41 billion, compared to PKR 5.84 billion, for the same period last year. IMC’s net sales turnover for the nine-month period decreased to Rs….
Karachi, April 29, 2024: The All Pakistan Cement Manufacturers’ Association (APCMA) welcomes the recent statement by the Honorable Prime Minister of Pakistan on the implementation of the track and trace system by the Federal Board of Revenue and the initiation of investigation to probe the mismanagement in its implementation. The APCMA in various meetings and…
Pakistan, April 29, 2024: The 18th edition of ‘Pakistan Oil, Gas & Energy Exhibition’ (POGEE), is receiving tremendous response from the leading international and local Energy-companies and stakeholders of this key industry. The exhibition will take place from 8th to 10th May 2024, at the Lahore Expo Centre. The energy sector of Pakistan plays a…