PSX extends losses amid concerns over profit-taking and foreign capital outflows Blogging Sole

PSX extends losses amid concerns over profit-taking and foreign capital outflows

 Blogging Sole

The broker is busy trading at the Pakistan Stock Exchange in Karachi on Wednesday, December 11, 2024. — PPI The capital market remained under intense selling pressure on Thursday, continuing its decline from the previous day due to aggressive profit-taking and cautious investor sentiment due to concerns over foreign capital outflows . The Pakistan Stock … Read more

Utilities hand E&P firms Rs50 billion loss over 4 years by cutting gas outflows Blogging Sole

Utilities hand E&P firms Rs50 billion loss over 4 years by cutting gas outflows

 Blogging Sole

Representative image showing two employees working on a gas pipeline. — AFP/File SNGPL began reducing its gas outputs from November 13. The country’s main gas pipeline is now used for storage. The data shows that the pipe pack pressure is still not reduced. ISLAMABAD: Amid fiscal challenges facing the country’s energy sector, it has been … Read more