Selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding nearly 900 points during the opening minutes of trading on Monday. At 10am, the benchmark index was hovering at 170,249.17, down by 866.65 points or 0.51%. Selling was observed in key sectors, including cement, commercial banks, oil and gas exploration companies, OMCs and power gener
Chairman Gwadar Port Noorul Haq Baloch continued his important meetings in Karachi, holding consultations with investors regarding Gwadar Port, transshipment and feeder services, the role of shipping lines including COSCO, and Central Asian trade routes via Iran. According to details, Chairman Gwadar Port Noorul Haq Baloch visited the head office of PIFFA, where he met business personalities an
Pakistani and Chinese officials have toured the under-construction Challenge Special Economic Zone in Lahore, reaffirming strong bilateral economic ties as the landmark USD 200 million project edges closer to completion. Pakistan’s Ambassador to China, Khalil Hashmi, and Punjab’s Minister for Industries and Commerce, Chaudhry Shafay Hussain, joined Chinese investors at the site located on Lahor
A high-level Chinese business delegation comprising over 50 members will visit Federation of Pakistan Chamber of Commerce and Industry (FPCCI) today (Monday) for B2B meeting with Pakistani entrepreneurs. Chinese trade delegation is Pakistan to explore joint venture opportunities with Pakistani entrepreneurs and strengthen bilateral trade and investment ties between the two friendly countries.
Pakistan’s cotton market is currently experiencing a sharp upward pressure on prices, influenced by fluctuations in quality standards and prevailing payment conditions. Market experts warn that available cotton stocks have reached critically low levels, creating a severe imbalance between supply and demand that continues to destabilise the market. Forward trading activity for the new crop ha