September 9, 2023 Pakistan Gasport seeks spot LNG cargo Pakistan Gasport is looking to buy a spot liquefied natural gas (LNG) cargo for November delivery, its chairman Iqbal Ahmed told Reuters on Thursday….
April 11, 2023 Pakistan: Payment System Posts Robust Growth State Bank of Pakistan (SBP) has released its first and second quarterly report of Payment Systems for the Fiscal Year 2022-23, covering July to…
April 8, 2023 Pakistan Stock Exchange remains in the grip of volatility and uncertainty Pakistan Stock Exchange (PSX) witnessed volatility during the week ended on April 07, 2023 owing to economic uncertainty, further exacerbated by political tension that…
March 3, 2023 Pakistan Stock Exchange average daily trading volume increases 16%WoW The benchmark index of Pakistan Stock Exchange closed the week on March 03, 2023 at 41,337 points, depicting an increase of 1.55% over the…
March 2, 2023 Pakistan: Takeaways from central bank briefing after 300bps hike in interest rate The State Bank of Pakistan (SBP) on Thursday increased the benchmark policy rate by 300bps to 20%. It noted that the recent fiscal adjustments (mini-budget)…
March 1, 2023 Pakistan: Monetary Policy or Mockery State Bank of Pakistan (SBP) was scheduled to announce Monetary Policy on March 16, 2023. However, on February 28, the central bank announced to…
February 25, 2023 Pakistan Stock Exchange witnesses 10.4%WoW decline in average daily trading volume During the week ended on February 24, 2023, Pakistan Stock Exchange remained volatile due to news flows regarding the IMF deal and approval of…
February 24, 2023 OGDC profit down 22%QoQ Pakistan’s largest exploration and production company, Oil & Gas Development Company (OGDC) has reported its 2QFY23 financial results, posting profit after tax of PKR…
February 20, 2023 Pakistan: Key Economic Indicators getting from bad to worse Current account deficit (CAD) during January 2023 was reported at US$242 million as compared to US$290 million in December 2022. Trade deficit during the…
February 18, 2023 Pakistan Stock Exchange witnesses 45.8%WoW decline in average daily trading volume The benchmark index of Pakistan Stock Exchange (PSX) closed the week ended on February 17, 2023 at 41,119 points, down by 623 points or…