Business
Pakistan stock closes lower
Karachi, August 23, 2019: Pakistan equities closed Friday negative after a brief rally with benchmark KSE100 Index shedding 534 points, closing at 31,350 levels, down 1.7 percent. The local bourse came under pressure after the international media suggested that FATF’s Asia-Pacific Group has put Pakistan on blacklist due to many shortcomings in Pakistan’s efforts in…
KE presents petition for fuel price variation, other adjustments
Karachi, August 22, 2019: K-Electric presented the details of its petition regarding monthly fuel price adjustments and other cost variations at a public hearing organized by the National Electric Power Regulatory Authority (NEPRA) here today. KE representatives present at the hearing briefed NEPRA about the company’s petition for adjustment in tariff due to variations in…
Pakistan Stock continued positive trend
Karachi, August 21, 2019: Pakistan Stock Exchange (PSX) continued the ascent on the third consecutive session on Wednesday, with an overall increase of 554 points giving confidence to the retail and institutional Investors alike that perhaps the worst is over. Index heavyweights such as OGDC, HBL, UBL, ENGRO, LUCK played a major role in pulling…
PQFTL distributes 28pc surplus for 2018
The only Takaful Company in Pakistan to distribute surplus for 11 consecutive years Karachi, August 21, 2019: Pak-Qatar Family Takaful Limited (PQFTL) has announced the distribution of 28 percent surplus among its Individual Family Takaful Participants (Direct Sales Force-DSF) for the year 2018. With this declaration of Surplus, PQFTL is the only Takaful operator in Pakistan…
HBL now offering credit cards through mobile app
HBL becomes the first bank in Pakistan to offer credit cards through its mobile app Karachi, August 21, 2019: HBL has now become the first bank in Pakistan to offer credit cards through its mobile app. Customers can now avail a HBL Credit Card through a paperless process with just a few taps on their…