Karachi, April 13, 2020: The stock market opened on a negative note this morning and made an intraday low of 1,105 points before closing at 31,033 levels, down 3.1 percent. Overall market remained bearish with slightly better volumes but limited participation. On the economic front, the Planning Commission estimates that the ongoing coronavirus pandemic could…
Karachi, April 13, 2020: Auto sales plunged by 70 percent YoY in Mar-2020 to 6,922 units, lowest monthly sales in over a decade, thanks mainly to production halts amid COVID-19. Pak Suzuki (PSMC) posted an 81 percent YoY drop in volumes during the month, with Alto sales dropping to a record low 884 units and…
Karachi, April 13, 2020: Asiatic Public Relations Network (Pvt.) Ltd – APR, one of the oldest and most experienced PR agencies in Pakistan, was shortlisted for the prestigious Gold Standard Awards 2019, in the Issues Management and Crisis Communications category. c Organized by Hong Kong-based organization, Public Affairs Asia, Gold Standard Awards are held annually…
Karachi, April 13, 2020: BankIslami Pakistan Limited, while fulfilling its vision of providing innovative Shariah-compliant products and services to the customers, proudly announces Pakistan’s ‘First’ Initial Public Offering (IPO) of Additional Tier 1 Modarba Sukuk under the brand name of “BankIslami Ehad Sukuk”, which will be listed and traded on Pakistan Stock Exchange (PSX). The…
Sindh CM take notice of stoppage of raw material vehicles by police Karachi, April 13, 2020: Chairman Pakistan Chemicals & Dyes Merchants Association and former director Karachi Stock Exchange Amin Yousuf Balgamwala, has requested the Chief Minister Sindh Syed Murad Ali Shah to finalize SOPs at the earliest so that they could accordingly adopt precautionary…