Business
Stock closes lower by 45 points
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…
K-Electric profit declines Rs 21 bln in FY2017
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…
Bears Took Over at Pakistan Stock
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…
Fpcci Appreciate Mutual Consultation of Stakeholders To Implement Axle Load
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…
PFVA presents solution for Agricultural Emergency
Karachi, July 4, 2019: Emergency Agriculture Program by the Federal Ministry of National Food Security & Research & Advisor to the Prime Minister on Agriculture Jehangir Tareen for uplifting the Agriculture sector by resolving the issues of the sector, All Pakistan Fruit & Vegetable Exporters , Importers and Merchants Association (PFVA) has welcomed this timely…