Business
Emirates launches 48-hour super sale for Pakistani travellers
Dubai, December 02, 2019: Emirates today launched a Super Sale promotion that will allow Pakistani travellers to fly to select destinations across the airline’s network on special fares starting as low as USD 271. Pakistani travellers can start their New Year with a new adventure to popular destinations where they can explore new cultures, relax…
PSX market went up again and closed with positive note
Karachi, November 29, 2019: Market went up again by +746 points during today’s sessions, following the resolution of General Bajwa’s extension, however, the market closed with +581 points. Market saw brisk buying activity with major contribution from Banks. Though E&P remained positive, even better performance was seen in Refinery and OMCs sectors. Banks realized trading…
Govt. announces incentives for setting up shipping lines in Pakistan
Karachi, November 28, 2019 : The Ministry of Maritime Affairs has announced various incentives for foreign shipping companies for setting up private shipping lines and its operations located in Pakistan. According to the officials, the incentives will be given in terms of duties and taxes that will be waived off for the period of the…
PSX witnessed positive investor sentiment in today’s session
Karachi, November 28, 2019: The KSE-100 Index witnessed positive investor sentiment in today’s session, making an intraday high of +724 points to close at 38,706 level, 583 points above yesterday’s close. Volumes improved as 348 million shares were traded in the market as compared to 228 million shares in the previous trading session. UNITY (+3.3…
FPCCI shows concern over the declining of private sector credit
Karachi, November 27, 2019: Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) showed his serious concern over the declining of private sector credit by Rs 4.1 billion in the first four-month of the current fiscal year. He stated that the declining demand for private sector credit is…