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Stock closes lower

Karachi, September 5, 2019: Pakistan Stock Exchange Thursday closed  lower and index declined by 30 points. Analysts said that what started as a sign of recovery turned out to be a short lived spike. DGKC and MLCF that started the day on a positive note and saw upper circuit (DGKC) and close to upper circuit…

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Macroeconomic imbalances impacted some segments of financial sector review CY19

Karachi, September 5, 2019: The State Bank of Pakistan (SBP) has issued today its flagship annual publication viz. Financial Stability Review (FSR) for the calendar year 2018. The Review presents performance and risk assessment of various segments of the financial sector including banking, non-banking financial institutions, financial markets, exchange companies, non-financial corporates and financial market…

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Human rights abuses in IOK affront to conscience of humanity: Nafees Zakaria

London, September 5, 2019: Pakistan High Commissioner to United Kingdom (UK), Mohammad Nafees Zakaria, has said that the tragic human rights situation and the ongoing humanitarian crisis in Indian Occupied Kashmir (IOK). Since August 5, 2019, in particular, and for the past seven decades Indian governments had been perpetrating grave human rights’ violations in the…

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