Business
Pakistan Stock Exchange increased 178 points
Karachi, December 20, 2019: Market traded in the range of +399 points and -161 points during the two sessions, closing +178 points. Selling pressure was evident throughout but Oil chain, especially E&P stocks, staged good recovery by the end of session. Higher international oil prices kept investors’ interest alive. Other than oil stocks, yesterday’s detailed…
Closure of CNG stations will lead to further increase in gas prices circular debt
It will result in increase of smog in cities CNG Closure in Sindh is unfair In Punjab CNG Stations have deposited Billions as advance for the import of LNG. Ghiyas Paracha Karachi, December 20, 2019: Senior leader and Central Chairman of All Pakistan CNG Association Mr. Ghiyas Paracha has expressed his concerns that closure of CNG…
Hutchison Ports Pakistan welcomes Pakistan’s largest ever container ship
Karachi, December 20, 2019: Hutchison Ports Pakistan created maritime history in Pakistan by welcoming maiden call of CV COSCOBELGIUM. It is the largest container vessel to ever call at any port of Pakistan with length over all of 366 meters and a capacity of 13,386 TEUs. CV COSCO BELGIUM is deployed in the EPC 2…
Kamyab Jawan Programme to provide equal distribution of loans to minority youth
Islamabad, December 20, 2019: Prime Minister Imran Khan’s “Kamyab Jawan Programme” would provide equivalent distribution of loans to minority youths for their entrepreneur’s skills. Prime Minister Youth Affairs Programme (PMYAP) has accommodated marginalized and minority youths under “Kamyab Jawan Programme” to uplift them socially and economically. According to an official, the minority youths would be…
Pakistan stock market take a major plunge today
Karachi, December 19, 2019: Market take a major plunge today upon release of detailed judgment of Pervez Musharraf that caused panic among investors and raised concern about the ongoing spat between the State Institutions. Besides, start of roll-over week is also close which along with situation at border cautioned investors to better book profits than…