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The British High Commissioner summons the Minister of Planning; Pakistan and the United Kingdom continue and discuss future cooperation – Trendy Blogger

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The British High Commissioner summons the Minister of Planning; Pakistan and the United Kingdom continue and discuss future cooperation – Trendy Blogger

Islamabad: The British High Commissioner to Pakistan, Jane Marriott, met on Saturday with the Minister of Planning, Development and Special Initiatives, Professor Ehsan Iqbal, and discussed the ongoing and future cooperation between the two countries. During the meeting, Ehsan Iqbal spoke about the Vision 2025 initiative, which served as a strategic roadmap for economic and … Read more

The FBR exempts overseas Pakistanis from high property taxes – Trendy Blogger

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The FBR exempts overseas Pakistanis from high property taxes – Trendy Blogger

The Federal Board of Revenue (FBR) has granted overseas Pakistanis exemptions from high tax rates under Sections 236C and 236K of the Income Tax Act, 2001, even if they are not on the Active Taxpayers List (ATL). As per the latest FBR notification, non-resident Pakistanis holding Pakistani Origin Cards (POC) or National Identity Cards for … Read more

The PSX index rises to a record high on economic optimism amid strong indicators – Trendy Blogger

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The PSX index rises to a record high on economic optimism amid strong indicators – Trendy Blogger

A stock broker monitors stock prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on May 16, 2022. — AFP Circulation remains strong, with 587 million notes in circulation. Systems, Lucky, Cherat, Hubco, Engro, are among the top performers. Analysts say Qatar and Saudi Arabia’s investment pledges have boosted sentiment. Stocks … Read more

PSX pulls back from 91,000 in volatile session, closing at all-time high – Trendy Blogger

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PSX pulls back from 91,000 in volatile session, closing at all-time high – Trendy Blogger

A broker talks on the phone as he looks at an indicator board displaying the latest stock prices at the PSX Stock Exchange in Karachi on February 10, 2023. — AFP The market is abuzz with speculation of interest rate cuts of up to 200 basis points. Improving macroeconomic indicators lead to a higher earnings … Read more

PSX hits new intraday high above 89,000 points thanks to economic strength – Trendy Blogger

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PSX hits new intraday high above 89,000 points thanks to economic strength – Trendy Blogger

Brokers use their mobile phones as they stand in front of an electronic board displaying stock market prices during a trading session at the PSX halls in Karachi, on June 12, 2017. — Reuters The impressive performance reflects CYTD’s 41% gain in 2024, AHL says. Analysts say PSX is now the fourth-highest-performing stock market in … Read more

PSX hits all-time high above 86,500 thanks to positive SCO sentiment – Trendy Blogger

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PSX hits all-time high above 86,500 thanks to positive SCO sentiment – Trendy Blogger

Traders react to a news report on the Pakistan Stock Exchange. – Reuters/File Stocks hit a new all-time high above 86,500 on Wednesday, as earnings season reignited investor interest in index-heavy stocks, with positive sentiment stemming from the Shanghai Cooperation Organization (SCO) summit and optimism about political stability. The Pakistan Stock Exchange (PSX) KSE-100 index … Read more

Shares surpassed an all-time high of 84,900 supported by rising energy – Trendy Blogger

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Shares surpassed an all-time high of 84,900 supported by rising energy – Trendy Blogger

Stock brokers watch news on TV in a booth, during a trading session at the Pakistan Stock Exchange, in Karachi, Pakistan July 3, 2023. – Reuters Stocks on Monday surpassed a record high of 84,900, driven by a massive rally in the energy sector and growing optimism about potential interest rate cuts, traders said. The … Read more