Karachi, July 05, 2019: National Investment Trust Limited (NITL), the first and the largest Asset Management Company of Pakistan, has declared results of all Funds under its management for the year ended on 30th June 2019. This was stated by Managing Director– NIT, Adnan Afridi in a press release issued on July 05, 2019 after its Board…
Karachi, July 5, 2019: Pakistan Stock Exchange on a negative note with -45pts and continued the downtrend, which ended -323pts and merely ~20 million shares by the end of the first session. The second session contributed an additional 30 million shares to end the total volume traded with 51 million shares. Fertilizer, O&GMCs, Cement, Banks and…
Karachi, July 04, 2019: K-Electric profit declined sharply 67 percent or over Rs 21 billion during the fiscal year 2017. The Board of Directors of K-Electric Limited in its meeting held on July 04, 2019 at KE head office, approved the Company’s financial results for the year ended 30 June 2017. KE has posted a…
Karachi, July 04, 2019: Bears took over the bourse after four consecutive positive closings. Investors resorted to profit-booking amid pressure on stocks across the board. After an initial spike, the KSE-100 index maintained its downward trajectory and finished the day with a brutal sell-off. At the end of trading, the benchmark KSE 100-share Index recorded…
Karachi, July 04, 2019: Engr. Daroo Khan Achackzai, President Federation of Pakistan Chambers of Commerce and Industry appreciate consultative process to implement Axle Load on National Highways to carry goods. President FPCCI said that it is a good decision to implement rules with the consultation of stakeholders. He further said that due to new limit…