USD continues to strengthen against PKR
Karachi, May 21, 2024: On Tuesday, the Pakistani Rupee lost 9 paise against the US…
USD continues to strengthen against PKR
Karachi, May 21, 2024: On Tuesday, the Pakistani Rupee lost 9 paise against the US dollar in interbank trading, closing at Rs 278.38 compared to the previous day’s close of Rs 278.29. The previous day, the Pakistani Rupee lost 9 paise against the US dollar in interbank trading, closing at Rs 278.29 compared to the…
JS momentum factor ETF: Redefining investment landscape in Pakistan
Karachi, May 21, 2024 : JS Investments announces the remarkable success of the JS Momentum Factor ETF, Pakistan’s first Smart Beta ETF. Launched in 2021, the JS Momentum Factor ETF represents a ground breaking advancement in investment strategies. It employs a rules-based methodology to select stocks based on their momentum scores, thereby reducing the influence…
PSX turns bullish, gaining 122.77 points
Karachi, May 21, 2024 : The 100-Index of the Pakistan Stock Exchange (PSX) experienced a bullish trend on Tuesday, rising by 122.77 points, or 0.16 percent, to close at 75,206.77 points compared to 75,084.00 points on the previous trading day. During intraday trading, the index showed a bullish trend, reaching a high of 75,482.46 points…
Government has taken effective measures to restore construction industry in new budget
Abad’s budget proposals can lead to more investment in the construction sector in the country, Sage spoke to the delegation Karachi, May 20, 2024: Arif Yousuf Jewa, former chairman of Association of Builders and Developers (ABAD) and a well-known investor in the construction sector, has said that the government needs to take effective measures to…
Mashreq Pakistan selects PTCL to expedite bank’s digital transformation journey
Islamabad, May 21, 2024: Pakistan Telecommunication Company Limited (PTCL) and Mashreq Pakistan, a part of Mashreq which is the leading financial institution in the MENA region, have signed an agreement for provisioning of primary data center colocation services at PTCL’s Tier-III Data Center facility. In the esteemed presence of Mohamed Abdel Razek, Group Head of…