Business
Bank Alfalah to facilitate BISP fund disbursements through their digital banking app
Karachi, October 14, 2019: On 10th of October 2019, Bank Alfalah and Benazir Income Support Program (BISP) joined hands in a formal contract signing ceremony to rejoice the commencement of a strategic partnership. The ceremony was attended by Dr. Sania Nishtar, Chairperson BISP, Mr. Ali Reza Bhutta, Secretary BISP, Mr. Yahya Khan, Group Head Digital…
Pakistan Stock market trade in a narrow range
Karachi, October 08, 2019: Market traded in a narrow range but oscillated between +235 points and -228 points, and closed the session -160 points (unadjusted). Market has until now seen a gradual ascend with a cumulative increase of 5200 points amidst brief consolidation. The overall sentiment appears still positive, though investors seek profit booking and…
Urea offtake to decline by 17pc YoY in Sep-19 at 401k tons
Karachi, October 08, 2019: Pakistan urea sales for the month of Sep-2019 is expected to decline by 17 percent YoY to clock in at 401k tons. On monthly basis, industry urea sales is expected to decrease by 36 percent MoM owing to hike in urea prices by Rs 200 per bag in month of September…
Pakistan Stock Exchange continue rising on last trading day
Karachi, October 04, 2019: Pakistan Stock Market continued the ascend on the last trading day of the week with an overall increase of 302pts and closed at that level (unadjusted). Buying activity was mainly seen in Cement and Steel sectors, and was further aided by O&GMCs, E&P and Banks. Optimism in the market is fueled…
Pakistan Stock Exchange gains 637 points
Karachi, September 27, 2019: Pakistan Stock Market opened on a positive note with +94 points although volume at start was very low. By the end of first session, the benchmark index grew by 261 points posting a volume of 36.9 million shares. Second session saw significant jump in both volumes and points with an overall…