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Remittances hit record $3.2bn in May as Eid boosts inflows

KARACHI: Remittances to Pakistan hit a record high in May, boosted by an increase in funds sent by overseas workers to their families in the country ahead of Eidul Azha.The State Bank of Pakistan. ....

Saudi-arabia , China , Iraq , United-arab-emirates , Pakistan , Karachi , Sindh , United-states , United-kingdom , Pakistani , Pakistanis , America

Stocks down amid fears of increased taxes

KARACHI: Another day of pressure on stocks saw the benchmark index decline on Thursday due to concerns about higher taxes in the impending FY25 budget and economic uncertainties.The Pakistan Stock. ....

Pakistan , Karachi , Sindh , Kohinoor-spining , Maaz-mulla , Ghani-glo-hol , Brokerage-arif-habib-ltd , Amtex-limited , Pakistan-stock-exchange , Hallmark-company , Serive-industries , Holding-company

Stocks close lower amid fears of higher taxes on capital markets

KARACHI: Stocks remained under pressure and fell on Wednesday as investors feared higher tax measures on capital markets in the upcoming federal budget.The Pakistan Stock Exchange’s benchmark. ....

Karachi , Sindh , Pakistan , Naveed-nadeem , Pak-ltd , Brokerage-arif-habib-ltd , Exide-pakistan , National-bank , Unilever-pakistan-foods , Hallmark-company , Hum-network , Analyst-ahsan-mehanti-at-arif-habib-corp

Stocks stumble amid budget uncertainty, tough IMF reforms

KARACHI: Stocks closed lower on Tuesday despite lower inflation numbers as investors remained uncertain ahead of the 2025 federal budget, fearing tough monetary reforms under the IMF programme.The. ....

Pakistan , Karachi , Sindh , Ali-najib , Philip-morris-pakistan , Analyst-ahsan-mehanti-at-arif-habib-corp , Pakistan-stock-exchange , Rafhan-maize-products-company , National-bank , Pak-ltd , Worldcall-telecom , Hum-network

Stocks expected to stay positive in coming week

KARACHI: Pakistan stocks closed slightly lower amid profit-taking during the outgoing week, but the market is ex-pected to stay positive in the upcoming week, as investors will be looking at. ....

Pakistan , Karachi , Sindh , Pakistani , Arif-habib-ltd , Js-research-shagufta-irshad , Pakistan-stock-exchange , Federal-budget , Arif-habib , Shagufta-irshad , Na-beel-haroon