Tue, 21-Oct-2025

Equity market remains bearish over political, economic instability

Equity market

KARACHI: The Pakistan Stocks witnessed a range bound session on Thursday due to the political unrest, thin trade on concerns for rupee instability and surging government bond yields. The market opened in the green zone but stayed volatile throughout the day while the main board activity remained dull, an analyst at Arif Habib Limited said. “The … Read more

Pakistan stocks tumble on global equity sell-off

Pakistan stocks

KARACHI: The benchmark KSE-100 Index witnessed a massive sell-off as President Putin ordered military operation and Russian forces launched a full invasion in Ukraine, dealers said. An analyst at Pearl Securities said that with the Russian invasion of Ukraine, the global markets also turned red. “Additionally, the international oil prices rose above $105/barrel, which dampened … Read more

Nestle announces profit of Rs2.57 billion in second quarter

Nestle profit

KARACHI: Nestle Pakistan Limited earned a net profit of Rs2.57 billion for the quarter ended June 30, 2021, which is 163 per cent higher than the profit of Rs1.93 billion recorded in the corresponding period of the last year, a bourse filing said on Thursday. The earnings per share (EPS) for the quarter clocked-in at … Read more