Tue, 21-Oct-2025

Pakistan stocks end on positive note amid weak sentiments

Stocks remain range-bound over political turmoil

KARACHI: The Pakistan equity market started the week on a dull note, whereas the overall investors’ sentiment remains weak given the three-day Eid holidays and the rising cases of the Covid-19. Moreover, the interbank rate for the dollar reached the highest level in the last nine months, which also keeps the bulls away from the … Read more

SSGC seeks Rs109.78/mmbtu rise in gas prices

SSGC

KARACHI: The Sui Southern Gas Company (SSGC) has proposed an increase of Rs109.78/mmbtu in gas prices to Rs789.24/mmbtu, as the gas utility is incurring a loss of Rs3.34 billion on the sale of indigenous gas and Rs16 billion loss on the sale of imported re-gasified liquefied natural gas (RLNG), making it impossible for the company … Read more