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The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. [ 4 ] [ 5 ] PSX was classified by MSCI as a frontier market on 8 September 2021.
Engro Polymer & Chemical Limited (Urdu pronunciation: [ɛn.ˈɡɾoː ˈpɒ.lɪ.mər] en-GROW-POL-ih-mər) is a Pakistani polymer manufacturing company based in Karachi, Pakistan. [4] It is a subsidiary of Engro Corporation with a local market share of more than 70%.
In 1987, the company merged Paintex Limited, ICI Pakistan Manufacturers Limited, and Imperial Chemical Industries Limited into a single entity. [ 3 ] In 1995, ICI Pakistan Limited set up a US$ 490 million PTA manufacturing facility at Port Qasim , near Karachi , which was commissioned in 1998 to manufacture purified terephthalic acid (PTA) in ...
U.S. manufacturing activity contracted further in December, with a measure of factory output dropping to the lowest level in more than 4-1/2 years amid worries that higher tariffs would raise ...
The stock market's record-breaking run could spell bad news for investors in 2025, a research firm says. Use any market correction to load up on Magnificent Seven stocks, the "Dean of Valuation" said.
Gas prices tick lower.From AAA: "At the pump, the national average for a gallon of gas dropped two cents since last week to $3.06 – matching the January 2024 low.There are now 28 states with ...
The pharmaceutical industry in Pakistan was estimated to be worth Rs. 748 billion (US$2.6 billion) in 2023, representing about 1% of the country's GDP. [1] The industry is largely import-dependent, with more than 90% of raw material being imported and only 12% of APIs locally produced. [1]
Another company, Insecticide Pakistan Limited., was nationalized and renamed Ittehad Pesticides Limited in 1973. Later, the two companies were merged to form Ittehad Chemicals Limited. In 1983, the production capacity of Ittehad Chemicals was further increased to 150 metric tons/day of caustic soda and 135 metric tons/day of chlorine.