Business
edotco strengthens commitment in Pakistan with new leadership
Karachi, November 26, 2020: edotco Group Sdn. Bhd. (edotco), the leading regional integrated telecommunications infrastructure services company, today strengthened its commitment to Pakistan with the appointment of Abdul Aziz as the new Country Managing Director of edotco Pakistan. Arif Hussain will be leaving the organization to pursue other opportunities. With a steadfast promise to create…
PSX index closed at an increase of 231pts
Karachi, November 24, 2020: Market traded in the positive zone today, even though Government announced lock down and School closures yesterday. Consistent increase in international crude oil prices helped E&P stocks stage a comeback, whereas Banks and O&GMCs also traded positively for most part of the session. Cement sector saw selling pressure, which came on…
KSE-100 index made an intraday high of 389 points
Karachi, November 24, 2020: PSX showed slight signs of recovery as the KSE-100 index made an intraday high of +389 points and closed at 39,863 level (up 231 points). The positive impact was observed mainly due to the decision of the Monetary Policy Committee (MPC) to keep the policy rate unchanged at 7 percent. A…
FPCCI appreciates the services of ANF to support the economy and trade during the COVI-19 lockdown situation: Khurram Ijaz Vice President FPCCI
Karachi, november 24, 2020: Khurram Ijaz, Vice President Federation of Pakistan Chambers of Commerce and Industry while delivering the welcome note said, during the meeting with the in-charge of the port control unit Anti-Narcotics Force, at FPCCI head office, that during the COVID-19 lockdown the world economy was shattering and here in Pakistan FPCCI being…
KSE100 make an intraday low of 873pts
Karachi, November 23, 2020: Carnage was witnessed at the local bourse as the KSE100 index made an intraday low of -873 points before closing at 39,632 level (down 1.4 percent). Market remained under duress mainly due to the Prime Minister’s caution that a continued rise in infections at the current rate would compel a complete…