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Business

Early gains evaporate as PSX succumbs to late selling

Trading at the Pakistan Stock Exchange (PSX) remained range-bound as cautious investor behaviour kept volatility elevated throughout the session. The benchmark KSE-100 index closed at 170,830.22, registering a decline of 243.51 points, or 0.14%. Despite the subdued close, the index oscillated within a broad range, touching an intraday high of 171,587.32 and a low of […]

Business

Pakistan to establish Wheat Stock Management Company to settle PASSCO’s Rs527 billion liabilities

Provinces urged to settle Passco dues by December 2025 or face direct deductions at source Pakistan Agricultural Storage and Services Corporation (Passco) . Photo: file ISLAMABAD: The federal government is finalising a plan to deduct the liabilities of provinces at source, which are payable to the Pakistan Agricultural Storage and Services Corporation (Passco). At present, […]