Oil prices are heading for a 12 percent weekly decline as hopes of easing Iran tensions clash with renewed Middle East supply…
SSGC’s annual earnings fell as declining gas sales revenue and higher financing costs outweighed savings in operating expenses.
The KSE-100 surged over 3,600 points as falling oil prices and easing geopolitical tensions fuelled a broad-based rally at the PSX.
Oil prices recovered above $104 as Iran war uncertainty, US military actions and an unexpected drop in crude inventories supported markets.
The KSE-100 Index surged over 2,200 points in intraday trading as institutional buying and hopes for US-Iran talks lifted sentiment.
Weekly inflation falls 0.35% as chicken, eggs and flour become cheaper, despite a nearly 35% jump in tomato prices.
OGDCL's quarterly profit surged 53% to Rs58.5 bn, prompting the company to announce its highest-ever first-quarter dividend for shareholders.
Oil prices are heading for a fourth monthly gain as tanker attacks and escalating Middle East tensions threaten global energy supplies.
Gold prices in Pakistan rebound by Rs3,500 per tola as rising oil prices fuel inflation fears ahead of the Fed decision.