In stark contrast to the previous two days' downturn, the Pakistan Stock Exchange (PSX) rebounded in a remarkable fashion as it soared nearly 1,900 points and closed just shy of the record high. Driven by expectations of a significant reduction in the State Bank of Pakistan's (SBP) policy rate, the KSE-100 index soared to the intra-day high of 91,133.28 points towards the close of trading. I
The government’s inability to launch Euro and Panda bonds could put the economy under stress, which may not help the country get improved ratings from international rating agencies, said financial experts. “The government is yet not able to launch bonds in the international market to raise dollars due to poor country ratings given by the international rating agencies,” said sources in the finan
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Women’s participation in agriculture has long been a pillar of rural economies, especially in developing countries. From managing crops to livestock, rural women are key contributors to households’ livelihoods and the community’s well-being. Their involvement is crucial, yet despite their substantial labour, their contributions often go unrecognised due to social norms, limited access to resources
During the first quarter of this fiscal year (July-September 2024), corporate profit fell 14 per cent compared to the last year if you measure it in terms of profits earned by the 95 top-performing companies that make up 99pc of the Pakistan Stock Exchange’s 100-index market capitalisation. And that is a very appropriate measure. This finding of a Topline Securities research has already made he