News by MG News

German leader urges more pressure on Russia in meeting with Trump

By MG News | Category Global Business

June 06, 2025 at 02:24 AM GMT+05:00

Germany’s newly elected Chancellor Friedrich Merz met with U.S. President Donald Trump at the White House today, marking his first official visit to Washington since assuming leadership of Europe’s largest economy last month.

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Pakistan reviews draft framework for digital assets regulation

By MG News | Category Economy

June 05, 2025 at 10:19 PM GMT+05:00

A comprehensive regulatory framework for digital and virtual assets in Pakistan was reviewed and refined during a follow-up

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Trump, Xi speak on trade, agree to ongoing talks

By MG News | Category Global Business

June 05, 2025 at 10:09 PM GMT+05:00

President Donald Trump and Chinese President Xi Jinping spoke Thursday in a nearly 90-minute call focused “almost entirely” on trade.

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Pakistan, U.S. officials discuss blockchain, financial innovation

By MG News | Category Economy

June 05, 2025 at 09:49 PM GMT+05:00

To strengthen cooperation in digital assets, blockchain regulation, and financial innovation, Pakistan’s Minister of State for Crypto and Blockchain

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SBP revises regulations to support SMEs

By MG News | Category Economy

June 05, 2025 at 09:29 PM GMT+05:00

The State Bank of Pakistan (SBP) has made a comprehensive review of the Prudential Regulations

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NEPRA clears Rs50bn in KE write-off request

By MG News | Category Economy

June 05, 2025 at 09:13 PM GMT+05:00

The National Electric Power Regulatory Authority (NEPRA) has allowed partial claims of Rs50 billion from K-Electric’s (KE) total write-off request of Rs76bn.

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SBP reserves fall $7.2m to $11.51bn

By MG News | Category Economy

June 05, 2025 at 09:01 PM GMT+05:00

The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $7.2 million or 0.06% WoW to $11.51 billion during

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FCCL denies interest in ACPL, issues clarification on media speculation

By MG News | Category Equity

June 05, 2025 at 06:12 PM GMT+05:00

Fauji Cement Company Limited (PSX: FCCL) has issued a formal clarification in response to a news item circulating on electronic media dated May 30, 2025, which suggested a purported interest of FCCL in Attock Cement Pakistan Limited (ACPL)...

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Gold price in Pakistan rises Rs4,300 per tola

By MG News | Category Economy

June 05, 2025 at 06:00 PM GMT+05:00

Gold price in Pakistan increased on Thursday, with 24-karat gold being sold at Rs358,400 per tola, up Rs4,300...

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PSX Closing bell: Drop Zone

By MG News | Category Economy

June 05, 2025 at 04:12 PM GMT+05:00

The benchmark KSE-100 Index concluded Thursday's trading session at 121,641.00, showing a decrease of 157.86 points or 0.13%...

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PKR strengthens 5 paisa against USD

By MG News | Category Economy

June 05, 2025 at 03:34 PM GMT+05:00

The Pakistani rupee (PKR) strengthened by 4.97 paisa or 0.02% against the US dollar in Thursday's interbank session to settle the trade at PKR 282.17 per USD, compared to previous closing of 282.22...

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OMO Result: SBP injects around Rs855bn

By MG News | Category Economy

June 05, 2025 at 03:23 PM GMT+05:00

The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs855 billion into the market of which Rs655bn were injected through reverse repo OMO.

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SHFA to approve nearly 106m share acquisition in SMCI at EOGM

By MG News | Category Equity

June 05, 2025 at 02:46 PM GMT+05:00

Shifa International Hospitals Ltd (SHFA) held an Extraordinary General Meeting (EOGM) to consider and approve the acquisition of approximately 105.8 million shares of Shifa Medical Center Islamabad (SMCI) from all remaining shareholders...

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Weekly SPI increases by 0.02%

By MG News | Category Economy

June 05, 2025 at 02:26 PM GMT+05:00

Pakistan's short-term inflation increased by 0.02% compared to the previous week, while it fell by 0.02% compared to the same period last year, the Pakistan Bureau of Statistics (PBS) reported on Friday...

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Oil slips on U.S. fuel build, Saudi price cut for Asia

By MG News | Category Commodities

June 05, 2025 at 01:40 PM GMT+05:00

Oil prices slipped in early trade on Thursday after a build in U.S. gasoline and diesel inventories and Saudi Arabia’s cut to its July prices for Asian crude buyers...

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Name Price/Vol %Chg/NChg
KSE100 121,641.00
407.56M
-0.13%
-157.87
ALLSHR 75,951.71
854.04M
-0.10%
-76.82
KSE30 36,827.89
67.82M
-0.42%
-156.03
KMI30 181,199.42
117.76M
-0.38%
-696.40
KMIALLSHR 52,088.08
592.55M
-0.27%
-143.41
BKTi 29,808.04
22.21M
-0.83%
-249.97
OGTi 27,075.99
4.68M
-0.75%
-203.95
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 105,510.00 105,945.00
101,390.00
3295.00
3.22%
BRENT CRUDE 66.34 66.67
64.80
1.00
1.53%
RICHARDS BAY COAL MONTHLY 90.00 90.75
90.00
0.00
0.00%
ROTTERDAM COAL MONTHLY 101.80 102.40
101.00
1.25
1.24%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.43 64.80
62.82
1.06
1.67%
SUGAR #11 WORLD 16.51 16.59
16.32
-0.06
-0.36%

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Latest News
June 05, 2025 at 10:09 PM GMT+05:00

Trump, Xi speak on trade, agree to ongoing talks


June 05, 2025 at 09:29 PM GMT+05:00

SBP revises regulations to support SMEs



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