Karachi, May 27, 2019: Earnings of the KSE-100 index depicted a downturn of 1.2 percent YoY during 3QFY19. Based on sectoral weight, this was led primarily by Cements (-7.8 percent YoY; 5.7 percent weight), Oil & Gas Marketing Companies (-65 percent YoY; 4.3 percent weight), Automobile Assemblers (-44 percent YoY; 3.1 percent weight), and Pharmaceuticals…
Islamabad, May 27, 2019: Pakistan Stock Market closed lower by 9 points on Monday. The market traded range bound between -93 points and +188 points. The volumes on Al Shares Index withered as compared to recent sessions, nonetheless a total of 125 million shares scored on the board. Cement Sector remained in the limelight as…
Islamabad, May 25, 2019: Advisor to the Prime Minister on Commerce, Textile, Industry and Production Abdul Razak Dawood on Saturday said the poultry association and producers needed to be more aggressive in market penetration in the region. He was talking to a delegation from the Poultry Association of Pakistan who called on him to discuss…
Karachi, May 24, 2019: Market opened on a positive note on Friday with +54 points and 3.4 million shares traded at the opening bell. However, profit booking started soon that took the index in negative territory. Although buying activity was not observed across the board, bulls were still found to be in control, which took…
Islamabad, May 22, 2019: The government has reported 3QFY19 Budget Deficit at 2.3 percent of GDP, which is higher than the Budget Deficit reported in the corresponding period last year (2.1 percent of GDP). Budget deficit turned on higher side mainly on the back of incremental debt servicing. Overall expenditures up by 14 percent YoY,…