Karachi, May 16, 2019: All the gains made yesterday got eroded in early trading at Pakistan Stock Exchange on Thursday. During the session, the index slid by 717 points. However, recovered by the end resulting in an unadjusted closing of -234 points. Panic selling ensued increase of dollar in inter-bank market. The spread widened in…
Karachi, May 16, 2019: Pak Rupee on Thursday further devalued against the US dollar due to free float mechanism policy as demanded by International Monetary Fund (IMF). The value of the US dollar against the rupee touched all-time high to approximately Rs. 148 in the interbank market. During the intraday trading the value of Pakistan…
Karachi, May 16, 2019: The TCS Group has announced two senior level appointments which are part of the company’s ambitious growth plans. On the occasion of its 36th anniversary, the company has appointed Muhammad Harris Jamali as Group Head of Strategy and Faizan Siddiqi as the Chief Operating Officer and Head of Digital Transformation. While…
Karachi, May 16, 2019: The members of PSX Stockbrokers Association (PSA) welcomes the appointment of Shabbar Zaidi, a renowned and respectable tax expert, who had also been on the board of the Stock Exchange as an independent director. He is fully aware of the working of the Capital Market and had contributed greatly to safeguarding…
Karachi, May 16, 2019: One of Pakistan’s greatest treasures, Jamil Naqsh, a contemporary artist passed away on the 16th of May, 2019 at the St. Mary’s Hospital in the United Kingdom. The artist was born in 1939 in the city of Kirana, India and moved to Karachi Pakistan during partition. Over the years, his natural…