PSX closed on a decline of 37pts

Karachi, May 08, 2020: KSE100 traded in a narrow range between +197 points and -145 points, closing the session -36 points. The session low volumes as well compared with recent past sessions. Selling pressure was evident in Banks, E&P and Cement sectors. International oil prices had little impact on investor sentiment, which is affected more…

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SITE demands cut in electricity tariff

Benefit of lowest oil price be passed on to consumers: Siraj Teli, Motiwala Karachi, May 08, 2020: Patron-in-Chief Siraj Kassam Teli, Patron Zubair Motiwala and President Suleman Chawla of SITE Association of Industry, in a press statement, have demanded the Prime Minister of Pakistan to order immediate cut of 30% in the tariff of K-Electric…

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