Business
PSX Index closed at increase of 394 points
Karachi, February 02, 2021: Signing of IPP’s agreement  by HUBC  motivated the Investors to take positions in PSO and HUBC, resulting in HUBC driving the  market with an overall increase of 394 points during the session. Similarly, overnight increase in crude oil prices  by 3.5 percent caused the E&P sector stocks to react late  but…
(NBP) signs Kaspersky Endpoint Security Solution, Implementation & Support with Supernet
Karachi, February 02, 2021: Data is one of the valuable assets a Bank holds in trust — and to lose it or lose access to it or for it to be compromised can result in increasingly dire consequences, not only from a cost or regulatory perspective but, more crucially, from the standpoint of erosion of…
PSX Index closed at a decline of 137 pts
Karachi, February 01, 2021: Market re-tested a high towards 47k level today and again met profit booking around 46,700 level, bringing down the Index by 173 points (unadjusted). During the session, the index oscillated +377 points and -197 points. Refinery, Fertilizer and Chemical sectors remained in the limelight, with buying activity, whereas Banks, E&P, O&GMCs…
Bank Alfalah and The Beaconhouse sign MoU for Personal Loan Financing Solutions
Karachi, February 01, 2021 : Bank Alfalah and The Beaconhouse Group one of Pakistan’s largest private school networks have signed a memorandum of understanding (MoU) to facilitate personal loan financing solutions for the employees of the Beaconhouse School System. The agreement was developed to make Bank Alfalah’s diverse range of quick and affordable financing solutions…
Irfan Siddiqui elected President of OICCI
Karachi, February 1, 2021: Mr Irfan Siddiqui, President and CEO, Meezan Bank Limited has taken over as the President of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2021 term. This was announced at the 161st Annual General Meeting of the OICCI held at the Chamber on Monday, February 1, 2021. Mr. Ghiasuddin Khan, Managing Director,…