Latest

Telecom Sector Invests Over $200 million in FY19

Karachi, June 11, 2019: Telecom sector’s contribution is pivotal in the economy as the operators have invested a significant amount of US$ 200.1 million during July to March of the closing financial year 2018-19, according to Pakistan Economic Survey for the year 2018-19.  The main driver behind this investment is the cellular mobile sector, which…

Read More

Pakistan Stock closes lower before Eid

Karachi, June 3, 2019: Last trading session before Eid and Budget ended negative for the course. Although clarity on EMOF and SEF was given by ECC last week, investors’ seemed concerned over Budget, which is likely to adopt tough budgetary measures to bring fiscal discipline.  Besides, rapidly falling international crude prices brought selling pressure in the…

Read More