30 pc Archives | The Biz Update

Business

Pakistan Trade Deficit declines 30 pc in Aug 2019

The Biz Update5 years ago1 year ago02 mins

Karachi, September 25, 2019: Pakistan’s Trade deficit in Aug-2019 declined by US$700 million (30 percent) YoY as imports declined by 22 percent (US$982 million) YoY while exports saw a 14 percent (US$281 million) dip over the same period. This shrinking of the import-bill can be traced back to significant declines in imports of petroleum products…

Economy

Pakistan Stock Exchange loses 264 points

The Biz Update5 years ago02 mins

Karachi, September 25, 2019: Pakistan Stock Exchange continued trading in a narrow range between +39pts and -357pts and closed the session -264pts (-0.8 percent). International crude posted losses and the same had negative impact on local oil & gas listed chain from E&P to OMCs. PSO and PPL also had financial results today, which were mostly…