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E-Paper | May 15, 2025

Bullish momentum at PSX as shares gain 1,400 points after SBP receives 2nd IMF tranche

Bullish momentum at PSX as shares gain 1,400 points after SBP receives 2nd IMF tranche

Gains come day after central bank's reserves got $1bn under IMF loan.

Published 15 May, 2025 04:35pm

Related

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
CSIL	3.0200	0.4100	15.71 ▲	7,055,225
PASMNC	3.7000	0.4600	14.20 ▲	23,280
GCWL	9.1400	1.0000	12.29 ▲	2,452,067
SGPL	8.6500	0.9400	12.19 ▲	154,391
PINL	5.8300	0.6300	12.12 ▲	106,375

Company	Price	Change	Change %	Volume

Source: PSX | Updated May 15, 2025

Citizens may bear brunt of extra costs on fuel prices

Citizens may bear brunt of extra costs on fuel prices

Oil marketing companies, refineries, dealers to benefit from additional Rs75bn; petroleum division mulls GST on oil products.

Updated 15 May, 2025 12:47pm

Fertiliser makers upset at tax hike proposal

Fertiliser makers upset at tax hike proposal

Fertilisers are currently subjected to 5pc federal excise duty, but no GST is levied.

Updated 15 May, 2025 12:51pm

IMF expects Rs20tr revenue, stricter spending

IMF expects Rs20tr revenue, stricter spending

Policy-level budget talks set to begin on Monday; GDP growth projected at 3.6pc, inflation at 7.7pc.

Updated 15 May, 2025 07:59am

8m women come online in 2024 as digital gender divide narrows

8m women come online in 2024 as digital gender divide narrows

Pakistan leads South Asia in women’s mobile internet growth.

Updated 15 May, 2025 12:49pm

Japan approves $3.5m grant for smart water meters

Japan approves $3.5m grant for smart water meters

Programme will provide 8,400 smart water meters to Faisalabad Wasa.

Updated 15 May, 2025 10:48am

SC Constitutional Bench restores parliament’s tweak to sales tax law

SC Constitutional Bench restores parliament’s tweak to sales tax law

Takes up appeal against PHC judgement on plea moved by the ghee and steel mills associations.

Updated 15 May, 2025 09:55am

Stocks close flat on budget jitters, rupee concerns

Stocks close flat on budget jitters, rupee concerns

Closes almost flat at 118,537 points, down 39 points.

Updated 15 May, 2025 12:53pm

Intelligence Bureau report claims ‘organised corruption’ in PMDC

Intelligence Bureau report claims ‘organised corruption’ in PMDC

Current management distances itself from claims, asserting that any wrongdoing occurred in the past.

Updated 15 May, 2025 11:52am

NA body recommends one-year extension for FPCCI office-bearers

NA body recommends one-year extension for FPCCI office-bearers

Directs commerce ministry, in consultation with the Law Division, to implement recommendations.

Published 15 May, 2025 07:46am

Pakistan has no option but to upgrade its defences and prepare for another round

Pakistan has no option but to upgrade its defences and prepare for another round

The business of battles

The business of battles

Agriculture: Horror high-winds and the mango plight

Agriculture: Horror high-winds and the mango plight

Highlights

Disinflation — a mirage amid hardship

Disinflation — a mirage amid hardship

The hype of Google Wallet

The hype of Google Wallet

The certain uncertainty of wheat

The certain uncertainty of wheat

Agriculture: Shackling the mighty Indus

Agriculture: Shackling the mighty Indus

Chaos in the global shipping industry

Chaos in the global shipping industry

A questionable pivot towards crypto

A questionable pivot towards crypto

Aurora

“Korean, French and Spanish content present major opportunities in the voice-over and dubbing business” Interview: Hammad Hussain, CEO, Media Menderz Production

“Korean, French and Spanish content present major opportunities in the voice-over and dubbing business” Interview: Hammad Hussain, CEO, Media Menderz Production

Why obsessing over wellness is unhealthy for you

Why obsessing over wellness is unhealthy for you

Advertising hits and misses during the festive season

Advertising hits and misses during the festive season

Business & Finance

CORPORATE WINDOW: Waste not, want not

CORPORATE WINDOW: Waste not, want not

By redefining waste as raw material for new products, businesses can drive both environmental and business success.

Updated 12 May, 2025 12:14pm

COMPANY NEWS

COMPANY NEWS

Faysal Funds wins Best Digital ESG Project; Emirates Group achieves new record profit of $5.8bn.

Published 12 May, 2025 08:18am

The business of battles

The business of battles

As govts continue to prioritise defence, the long-term economic and social consequences are profound.

Updated 12 May, 2025 12:11pm

Devolution and the rush to right-sizing

Devolution and the rush to right-sizing

Govt gears up to transfer various federal bodies to provincial control as per the 18th constitutional amendment.

Updated 12 May, 2025 12:25pm

Newspaper

Citizens may bear brunt of extra costs on fuel prices

SBP receives 2nd tranche of $1bn from IMF

8m women come online in 2024 as digital gender divide narrows

Fertiliser makers upset at tax hike proposal

Gold hits lowest level in a month

NA body recommends one-year extension for FPCCI office-bearers

Stocks close flat on budget jitters, rupee concerns

Petrol prices expected to come down soon; relief for KE subscribers likely

Telenor concerned over delay in sale of local operations

Auto sales fall 5pc in April

Rs40m fine imposed on Al-Ghazi Tractors

Exports to North America rise

Private sector reverses debt retirement trend

US sanctions firms shipping Iranian oil

Stocks cross 118,000 barrier on cherry-picking

Textile industry demands cheaper power

Commercial imports of used vehicles sought

Govt repays $3.8 billion in third quarter

Govt, banks to work on low-cost housing

Oil prices climb 2pc

Plan to realign industry bodies

CORPORATE WINDOW: Waste not, want not

COMPANY NEWS

The business of battles