Category: Stock Markets
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April 26, 2025 (MLN): Pakistan expressed its want to have interaction constructively with america to handle tariff-related points and strengthen bilateral commerce relations, Senator Aurangzeb additional acknowledged. The aforementioned assembly was held between Federal Minister for Finance and Income, Senator Muhammad Aurangzeb, and senior representatives of america Export-Import Financial institution (EXIM), led by Mr. Jim Barrows,…
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April 25, 2025 (MLN): The Competitors Appellate Tribunal (CAT) has dismissed the enchantment filed by the Pakistan Vanaspati Producers Affiliation (PVMA), thereby upholding the Competitors Fee of Pakistan’s (CCP) order imposing a Rs50 million penalty for partaking in anti-competitive conduct and discriminatory practices. PVMA, an affiliation representing almost 100 ghee and cooking oil producers throughout Pakistan,…
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April 25, 2025 (MLN): Fortunate Cement Restricted (PSX: LUCK) has determined to extend cement costs attributable to escalating prices and rising expenditures, in response to the notification issued by the Firm to its prospects. Efficient April 26, 2025, the worth of cement will rise by Rs1,200 per metric ton or Rs60 per bag. The corporate…
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U.S. Treasury Secretary Scott Bessent takes questions from reporters on the Institute of Worldwide Finance (IIF) International Outlook Discussion board on sidelines of the IMF and World Financial institution’s 2025 annual Spring Conferences in Washington, D.C., U.S., April 23, 2025. Elizabeth Frantz | Reuters A gaggle of Treasury Secretary Scott Bessent’s classmates at Yale College…
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The S&P 500 Index ($SPX) (SPY) in the present day is down -0.30%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.55%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.26%. June E-mini S&P futures (ESM25) are down -0.25%, and June E-mini Nasdaq futures (NQM25) are down -0.21%. Inventory indexes in the present day are beneath strain…
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April 25, 2025 (MLN): The Pakistan Prime Minister, Shehbaz Sharif, in his capability as Chairman of the Council of Frequent Pursuits (CCI), has scheduled the 52nd assembly of the CCI for Friday, Might 2, 2025. The assembly will happen on the Prime Minister's Home in Islamabad. The agenda for the assembly, which will likely be…
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April 25, 2025 (MLN): The Pakistani rupee (PKR) appreciated by 9.95 paisa or 0.04% in opposition to the US greenback in Friday's interbank session to settle the commerce at PKR 280.97 per USD, in comparison with the earlier closing of 281.07. All through the day, the forex noticed an intraday excessive (bid) of 281.15 and…
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April 25, 2025 (MLN): Tariq Glass Industries Restricted (PSX: TGL) reported a modest 0.92% improve in web revenue for the nine-month interval ended March 31, 2025, reaching Rs3.51 billion (EPS: Rs20.39), in comparison with Rs3.48bn (EPS: Rs20.2) in the identical interval final yr (SPLY). The corporate has declared an interim money dividend for the monetary yr ending…
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April 25, 2025 (MLN): Worldwide Packaging Movies Restricted (PSX: IPAK) Group has recorded 66% improve in its revenues for the nine-month interval ended March 31, 2025, demonstrating a robust trajectory of each topline growth and bottom-line progress amidst a difficult macroeconomic setting. The Group’s consolidated income reached Rs26.04 billion for the nine-month interval in comparison with…
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April 25, 2025 (MLN): Nationwide Financial institution of Pakistan (PSX: NBP) has launched its monetary outcomes for the quarter ended March 31, 2025, reporting a revenue after tax of Rs22.11 billion [EPS: Rs10.29], marking a major enhance of 125.14% in comparison with Rs9.82bn [EPS: Rs4.56] in the identical interval final yr (SPLY). As per the consolidated…