Business - DAWN.COM

E-Paper | March 03, 2025

Bears take hold of PSX as shares decline 1,200 points due to IMF review concerns

Bears take hold of PSX as shares decline 1,200 points due to IMF review concerns

Analyst attributes the downward trajectory to “selling pressure”.

Updated 03 Mar, 2025 02:02pm

Related

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
FECM	8.4400	1.0000	13.44 ▲	52,132
SSOM	97.1600	8.8300	10.00 ▲	8,746
NICLXD	151.8800	13.3800	9.66 ▲	931
FTSM	13.9700	1.1000	8.55 ▲	2,035
SIBL	7.9400	0.5600	7.59 ▲	2,312

Company	Price	Change	Change %	Volume

Source: PSX | Updated Mar 03, 2025

Inflation for February clocks in at 1.5pc — lowest since 2015

Inflation for February clocks in at 1.5pc — lowest since 2015

Brokerage firm says inflation numbers "came lower than market expectations"; Tarar says PM welcomes inflation decline.

Updated 03 Mar, 2025 05:01pm

PM wants sugar, other commodities sold at lower prices

PM wants sugar, other commodities sold at lower prices

Shehbaz directs authorities to take solid steps to control price of commodity, take action against its hoarding.

Published 03 Mar, 2025 06:03am

India’s trade minister heads to US for talks as Trump tariffs loom, officials say

India’s trade minister heads to US for talks as Trump tariffs loom, officials say

Citi Research analysts estimate potential losses at about $7bn a year from Trump's reciprocal tariffs.

Published 03 Mar, 2025 12:48pm

Hurdles to Islamic banking conversion

Hurdles to Islamic banking conversion

Large-scale Shariah-compliant banking will require govt to switch to asset-backed borrowing.

Published 03 Mar, 2025 10:06am

Govt expects no hiccups as IMF reviews targets

Govt expects no hiccups as IMF reviews targets

Fund mission begins first biannual review of $7bn EFF; govt hopes for successful talks, release of $1.1bn tranche within 3 weeks.

Updated 03 Mar, 2025 07:32am

The slow death of the Indus Delta

The slow death of the Indus Delta

The degradation of the Indus Delta due to seawater intrusion is pushing millions toward displacement and water insecurity.

Published 03 Mar, 2025 10:09am

Regulating global Sukuk

Regulating global Sukuk

AAOIFI’s new Shariah standard is considered a welcome step at improving investor confidence, compliance, and transparency.

Published 03 Mar, 2025 06:04am

Cholistan project: Provincial officials frustrated over lack of decentralisation efforts

Cholistan project: Provincial officials frustrated over lack of decentralisation efforts

Irsa's Sindh member, Ehsan Leghari, has penned a dissenting note over approval of water supply to Cholistan canal project.

Updated 03 Mar, 2025 11:47am

Higher food prices spoil consumers’ appetite in Karachi

Higher food prices spoil consumers’ appetite in Karachi

Shopkeepers brazenly flout price list issued by commissioner for Ramazan; govt claims arrest of 14 profiteers.

Updated 03 Mar, 2025 11:18am

Preparing for the Ramazan effect

Preparing for the Ramazan effect

Challenges to export-led growth

Challenges to export-led growth

Why owning a home is out of the question

Why owning a home is out of the question

Highlights

Farm food safety — tackling the root

Farm food safety — tackling the root

Wheat — an end to federal crutches

Wheat — an end to federal crutches

Buckling under the tax weight

Buckling under the tax weight

Artificial jewellery fad fuelled by Indian dramas

Artificial jewellery fad fuelled by Indian dramas

The way of the gur

The way of the gur

Revamping Pakistan’s power sector

Revamping Pakistan’s power sector

Aurora

The enduring allure of Pakistani TV dramas

The enduring allure of Pakistani TV dramas

Remembering Arshad Zuberi (1952-2024)

Remembering Arshad Zuberi (1952-2024)

Will Pakistan’s power sector survive climate change?

Will Pakistan’s power sector survive climate change?

Business & Finance

The quiet shift in commercial real estate

The quiet shift in commercial real estate

Market-driven solutions that align incentives with improving service delivery can lead the way to formalising the real estate.

Updated 03 Mar, 2025 02:29pm

Preparing for the Ramazan effect

Preparing for the Ramazan effect

Prominent leaders of the trading community expect relatively moderate expansion in the Ramazan market this year.

Updated 03 Mar, 2025 11:04am

Regulating global Sukuk

Regulating global Sukuk

AAOIFI’s new Shariah standard is considered a welcome step at improving investor confidence, compliance, and transparency.

Published 03 Mar, 2025 06:04am

Ending poverty the Chinese way

Ending poverty the Chinese way

Political determination accompanied by comprehensive scientific plans can help developing nations like Pakistan.

Published 03 Mar, 2025 06:04am

Newspaper

The quiet shift in commercial real estate

Preparing for the Ramazan effect

Regulating global Sukuk

Ending poverty the Chinese way

Finance: Sharing rights and responsibilities

Agriculture: The slow death of the Indus Delta

KSE 100-share index fluctuations

Rupee report: Weekly rupee-dollar parity

COMPANY NEWS

CORPORATE WINDOW; Hurdles to Islamic banking conversion

Data points

Building in high-risk zones

Shipbuilding prowess

India’s old people problem

Big Tech’s AI spending

American inflation rate

Why owning a home is out of the question

Challenges to export-led growth

Stakeholders oppose agri-trade authority

Economy needs digital shift, say banking experts

Exports to Europe up 10pc to $5.3bn

Maritime minister for expanding Pakistan’s port capacities

SECP clears amendments to modaraba ordinance

Bank holiday on Monday