Karachi, October 29, 2020: Increasing incidence of Corona cases, partial lockdown in Pakistan, Lockdowns in European countries, End of roll-over week, End of result season, Global sell-off in Stocks as well as Commodities markets were enough for the market to lose 1911 points during the session. KSE30 touched 5 percent prior to the maximum time…
Karachi, October 28, 2020: The Board of Directors of Shell Pakistan Limited (‘SPL’) announced the third quarter results for the company on 28th October. The company posted an after tax profit of PKR 1,812 million compared to the profit of PKR 570 million made in the same period last year. Overall, the financials still present…
Karachi, October 28, 2020: To mark the Global Ethics Day 2020, ACCA (the Association of Chartered Certified Accountants) joined forces with CFA Society Pakistan, HBL, ICMA Pakistan, Pakistan Stock Exchange Limited (PSX), and the Pakistan Business Council’s Centre of Excellence in Responsible Business (CERB) for a series of panel discussions engaging country’s top business leaders….
Karachi, October 28, 2020: The Board of Directors of Soneri Bank Limited, in its 181st meeting held in Lahore on 28th October 2020, approved the Bank’s condensed interim financial statements for the nine months period ended 30 September 2020. The Bank posted profit before tax (PBT) of Rs. 3,092.80 million and profit after tax (PAT)…
Karachi, October 28, 2020: Market traded range bound today between +306 points and -312 points, closing the session in red with -237 points (unadjusted). Investors have lately been discounting the back to back good corporate results on concerns of rising COVID cases as well as end of Earnings season that has regressed the market to…