Karachi, September 01, 2020: The Board of Directors of BankIslami Pakistan Limited (‘The Bank’ or ‘BankIslami’) in their meeting held on August 28, 2020 in Karachi approved the Bank’s interim financial results for the first half year ended June 30, 2020. BankIslami generated operating profits (before provisions and tax) to the tune of Rs. 3,382million,…
Karachi, September 01, 2020: Bulls dominated the KSE100 index, where the index touched a high of +255 points. However later in the day, the market declined to close at 41,111 level (+55 points). Volumes for the day accumulated to 452 million as BIPL (10.5 percent), TRG (-7.2 percent), PRL (7.5 percent), HASCOL (2.0 percent) and…
Karachi, September 01, 2020: Market continued the bull run by adding another 290 points during the session and closed +267 points (unadjusted). Cement sector contributed the most on the index, whereby LUCK, PIOC and MLCF performed well. Chemical sector also saw improved performance with SPL, DOL hitting upper circuits and similar performance in LOTCHEM and…
Karachi, August 29, 2020: After a short correction, the KSE100 index of Pakistan Stock Exchange (PSX) was witnessed a rebound this week, posting a gain of 3.6 percent WoW to close at 41,056 levels. The market received an adrenaline rush after confidence expressed by local and global fund managers over the outlook of the local…
Karachi, August 29, 2020: The iconic Emirates A380 made a one-off service to Clark International Airport today, becoming the first commercial flight, utilizing the iconic aircraft, to operate to the Luzon-based airport. The special A380 service from Dubai to Clark and operating as EK2520, took off from Dubai International Airport at 02:40 and landed in…