Karachi, September 01, 2020: Emirates SkyCargo, the freight division of Emirates airline, has transported over 10 million mangoes from Pakistan this season to destinations around the world. Pakistan is regarded as one of the most important producing markets in the world for mangoes of quality. Mango, also considered the ‘king’ of fruits, is a specialty…
Karachi, September 01, 2020: The Board of Directors of BankIslami Pakistan Limited (‘The Bank’ or ‘BankIslami’) in their meeting held on August 28, 2020 in Karachi approved the Bank’s interim financial results for the first half year ended June 30, 2020. BankIslami generated operating profits (before provisions and tax) to the tune of Rs. 3,382million,…
Karachi, September 01, 2020: Bulls dominated the KSE100 index, where the index touched a high of +255 points. However later in the day, the market declined to close at 41,111 level (+55 points). Volumes for the day accumulated to 452 million as BIPL (10.5 percent), TRG (-7.2 percent), PRL (7.5 percent), HASCOL (2.0 percent) and…
Karachi, September 01, 2020: Market continued the bull run by adding another 290 points during the session and closed +267 points (unadjusted). Cement sector contributed the most on the index, whereby LUCK, PIOC and MLCF performed well. Chemical sector also saw improved performance with SPL, DOL hitting upper circuits and similar performance in LOTCHEM and…