Business
Business
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…
Textile exports go up in October
Pakistan’s export of textile and clothing increased by 6.51 per cent in October 2014, reviving hopes of better export proceeds…
Bears rule at KSE
Stocks extended losses yesterday with the KSE-100 index shedding another 93.22 points to close at 31,223.74. The market opened on…