NO Steps to be taken against Prime Minister Imran Khan’s Policy to bring National Industries to become competitive at Global level. Karachi, September 17, 2019: Muhammad Saqib Goodluck, Chairman, Pakistan Yarn Merchants Association (Sind & Baluchistan Region) has expressed his deep concerns over information of Re – Imposition of Regulatory Duty on Polyester Filament Yarn….
Karachi, September 16, 2019: KSE100 index leaped +345 points at the start, which was mainly contributed by E&P stocks. Over the weekend, the attack on Saudi Oil facility caused international crude oil prices to surge by 10 percent. E&P stocks reacted to this change and after an initial spike, OGDC, PPL traded near Upper circuits…
Karachi, September 13, 2019: While most of the analysts are expecting status quo in upcoming monetary policy, analysts at Arif Habib Limited are seeing some 24 basis points cut in interest rate. The State Bank of Pakistan (SBP) is scheduled to announce its monetary policy on September 16, 2019. “We expect the central bank to…
Karachi, September 5, 2019: Pakistan Stock Exchange Thursday closed lower and index declined by 30 points. Analysts said that what started as a sign of recovery turned out to be a short lived spike. DGKC and MLCF that started the day on a positive note and saw upper circuit (DGKC) and close to upper circuit…
Karachi, September 4, 2019: Pakistan Stock Exchange on wednesday gained some 435 points on positive outlook. Release of CPI data proved to be required stimulus that the investors were waiting for Latest release of CPI indicates a lower than anticipated reading and gave confidence to the view that SBP will likely consider revising down the…