Karachi, October 22, 2020: Pakistan Current Account (C/A) clocked in a surplus of US$73 million in Sept-2020 compared to a surplus of US$211 million in Aug-2020. This was the third consecutive month that Pakistan’s Current Account has recorded a surplus, taking 1QFY21 CA surplus to US$792 million compared to 4QFY20 deficit of US$286 million. The…
Karachi, October 22, 2020: Procter & Gamble Pakistan has contributed over 350,000 products in the form of PPE and N-95 masks along with P&G health and hygiene products, including Safeguard, Ariel, Head&Shoulders, Pampers and Always, to meet the increased demands needed to safely combat the COVID-19 pandemic. This is estimated to benefit over hundreds of…
Karachi, October 22, 2020: This is the third consecutive positive closing of KSE100 since the beginning of the week, where the Index has added ~1400 points from last week’s closing level. Though the weekend left vestiges of political uncertainty, institutional investors kept brisk buying activity on the back of quarterly earnings. Banking sector results announced…
Karachi, October 21, 2020: Employer’s Federation of Pakistan (EFP) in collaboration with International Organization of Labour and Pakistan Olympic Association organized a seminar to create awareness of sports among youth at the sports ground of Forward group of companies’ factory in Sialkot. Chief Executive Officer Forward Group of Companies, Khawaja Masood Ahmed was the chief…
Karachi, October 21, 2020: The Board of Directors of Bank Alfalah Limited in its meeting held on October 21, 2020, approved the Bank’s unaudited condensed interim financial statements for the period ended September 30, 2020. The Bank’s operating profit at Rs. 20.614 billion showed a growth of 11.4 percent compared to the corresponding period of…