Karachi, June 22, 2020: Market went down in the early part of the session, declining by 368 points but rebounded later to erase all losses and closed +353 points (unadjusted). The intra-day movement amounted to 723 points. Fertilizer sector contributed to the positivity, mainly on the back of EFERT and FFC, which was further aided…
Karachi, June 22, 2020: PepsiCo’s Millions of Meals program joined hands with the Ehsaas ration program to deliver millions of meals to those affected by the COVID-19 outbreak across Pakistan. The MoU was signed at the Benazir Income Support Programme (BISP) headquarters. The signing ceremony was followed by a briefing to the Prime Minister. The…
Karachi, June 22, 2020: Ismail Suttar, President of the Apex Body of Manufacturers, The Employers Federation of Pakistan (EFP), has endorsed incumbent Government’s decision to reconsider launching of electricity markets in Pakistan, stating that it will induce competition in the power sector and enhance the efficiency of the energy supply chain. In a Statement, EFP…
Karachi, June 22, 2020: Today benchmark KSE-100 index closed in the positive zone after making a high and low of +356 points and -367 respectively to finally close at 33,738 levels, 0.9 percent up. PPL (0.1 percent), OGDC (2.1 percent) and POL (2.0 percent) in the E&Ps closed in the positive zone as the international…
Karachi, June 22, 2020: The Institute of Business Administration (IBA), Karachi grieves with the Sukkur Institute of Business Administration (IBA) University on the sad demise of its Vice Chancellor, Professor Nisar Ahmed Siddiqui. He was a legendary educationist who took the University to new heights of excellence in the last 16 years. His services to…