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PSX dips on profit-taking

KARACHI: The Pakistan Stock Exchange (PSX) experienced mild pressure on Tuesday as investors engaged in profit-taking, reassessing the sustainability of the recent bullish trend. This led to a modest retreat across key sectors. The benchmark KSE-100 Index declined by 165.26 points, or 0.12 percent, closing at 139,254.36 points, down from

Customs’ value fixed on solar panels import

ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has fixed customs value $0.08/Watt to $0.09/Watt on the import of solar panels of all origin. According to a valuation ruling (2012 of 2025) issued by the directorate on Monday, several representations were received by the Directorate of Customs Valuation, Karachi, emphasising

FY25 profit repatriation totals $2.22bn

KARACHI: Foreign companies operating in Pakistan repatriated over two billion dollars on account of profits and dividends during the last fiscal year (FY25), the State Bank of Pakistan reported on Monday. According to the SBP, total profit and dividend repatriation, including return on Foreign Direct Investment (FDI) and Foreign Portfolio

Rupee depreciated further against the US dollar

KARACHI: Rupee depreciated further against the US dollar in the inter-bank market as it lost Re0.41 or 0.15% during the previous week. The local unit closed at 284.87, against 284.46 it had closed the week earlier against the greenback, according to the State Bank of Pakistan (SBP). In a key

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