Business
PSX market closed on a negative note on monday
Karachi, December 9, 2019: Market opened on a positive note today at +72 points and 1.3 million shares traded at opening. The benchmark index went up by 184 points in the morning and largely traded in a narrow range for good part of the session. Near close of session market saw profit booking, which brought…
KINNOW export commences, export target set to 300k ton
Establishment of new orchards with new varieties can lead export enhancement to one billion US$. Karachi, December 7, 2019: Export of Kinnow from Pakistan has just commenced and an export target of 300,000 metric ton has been set for the current season which is expected to generate valuable foreign exchange of US$ 19.5 million. Of…
Cement sector posts 11pc growth in November
Karachi, December 04, 2019: The domestic cement in the first five months of this fiscal reached 16.854 million tons posting a positive growth of 2.91 percent while exports reached 3.608 million tons depicting a growth of 21.46 percent. Overall cement grew by 5.76 percent to 20.462 million tons. In November 2019, cement industry 3.538 million tons…
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…