Business
Business
Prices fall on higher phutti arrivals
Cotton prices continued to fall yesterday on the back of high flow of phutti (seed cotton), and global factors. However,…
Bulls return as KSE stages 231-point rally
Stocks staged strong rebound on Wednesday as news filtered into the market relating to a warm welcome accorded by international…
Govt to divest its shares in Allied Bank ltd. by December
The Cabinet Committee on Privatisation (CCoP) on Wednesday approved the transaction structure for the divestment of government’s residual shares in…
Sukuk yields a massive $1bn in international bond market
Pakistan raised $1 billion from the international Islamic bond market yesterday by selling its Sukuk papers at 6.75 per cent…
Low prices attract buyers on cotton market
Falling lint prices attracted strong buying from spinners and exporters yesterday amid indications that the crop size could be much…
Coming soon: Sindh Microfinance Bank
Sindh Microfinance Bank will be set up soon to provide soft-term loans to low income groups in the province, said…
Ferozsons stock hits three ‘upper locks’ at KSE
Pharmaceutical company Ferozsons Laboratories has grabbed the spotlight with its stock hitting three ‘upper locks’ in as many sessions, adding…
Sukuk issue draws strong investor response
Pakistan has set final guidance of 6.75-6.875 per cent on five-year US dollar benchmark sukuk, according to a lead. The…
Ginger (adrakh) price may fall as supply resumes
Wholesalers of ginger at Super Highway Sabzi Mandi decided to resume trading from Tuesday night after a lapse of five…