News

Industry offers divergent views on economic performance in 2024

Representatives of trade and industry appear to be div­ided over the country’s economic in­­dicators during 2024 as some belie­­ve that trading activities remained dismal while others say that one of the salient features of the outgoing year was that “Pakistan has managed to escape a possible default”. Notwithstanding the disputed mandate, regaining political stability was a notable achievement

Exports post modest rise of 0.67pc in December

Pakistan’s merchandise exports slowed for the second consecutive month in December due to a steep fall in international demand, according to data released by the Pakistan Bureau of Statistics on Wednesday. The growth momentum picked pace in July owing to improved orders and stability in the exchange rate. Demand from North America and European countries is anticipated to pick up pace from Janua

Stock market ends 2024 with historic 84pc gain

The KSE-100 index closed its final trading session of 2024 at 115,127 points on Tuesday, down 0.11 per cent (132 points), as profit-taking in key sectors trimmed gains from earlier in the day. Banks, fertilisers and exploration and productionstocks saw selling pre­s­sure, with companies like Fauji Fertiliser Company, MCB Bank, Bank Al Habib, Bank Alfalah and Engro Corporation leading the declin

Will PSX sustain its bullish momentum in 2025?

Ammar, Akbar, and Anthony each had Rs1 million and chose to invest in the Pakistan Stock Exchange on January 1, 2024. Ammar, enjoying a Magnum, opted for Unilever Pakistan Foods. Feverish Akbar, popping antibiotics, went for GlaxoSmithKline. Anthony, acting on a whim, closed his eyes and randomly picked Al Shaheer Corporation. By the last Friday of 2024, their fortunes had diverged. Ammar shrug

Stock market ends 2024 with historic 84pc gain

The KSE-100 index closed its final trading session of 2024 at 115,127 points on Tuesday, down 0.11 per cent (132 points), as profit-taking in key sectors trimmed gains from earlier in the day. Banks, fertilisers and exploration and productionstocks saw selling pre­s­sure, with companies like Fauji Fertiliser Company, MCB Bank, Bank Al Habib, Bank Alfalah and Engro Corporation leading the declin