Karachi, May 18, 2020: In April-20, total Asset Under Management (AUM) of mutual fund industry grew by 14 percent MoM to PKR766 billion, open-end funds augmented by PKR~91 billion and stood at PKR736 billion. Category wise analysis revealed, AUM of Equity Fund increased by 21 percent MoM (PKR20 billion), Money Market Funds AUM improved by…
Karachi, May 18, 2020: Post rate cut on Friday, market posted some gains today, showing an upside of 385 points earlier in the session, however, profit booking caused Index to slide posting a decline of 238 points during the session and closing -203 points. Banking sector primarily caused the plunge resulting in across the board…
Karachi, May 18, 2020: Emirates SkyCargo has expanded its weekly scheduled cargo flight operations to cover 75 destinations across six continents. Through its wider reach, Emirates SkyCargo is able to transport essential commodities and other urgently needed cargo more rapidly across the world, allowing exporters and importers across markets to benefit from direct access to…
Karachi, May 18, 2020: The Overseas Investors Chamber of Commerce and Industry (OICCI), has felicitated the SECP on the Companies (Amendment) Ordinance, 2020 promulgated on April 30th. The Chamber, along with other leading business association, has in the past challenged some of the over-regulatory conditions introduced in the Companies Act 2017 without due engagement of…
The pre-booking for the highly anticipated HUAWEI Nova 7i runs from May 18 to May 31, 2020 and comes packaged with a HUAWEI Band 4* Karachi, May 18, 2020: With dominating specifications and unmatched performance, Huawei has announced pre-orders for its stellar new offering HUAWEI Nova 7i. The smartphone features are some of the best…