Opening comes in response to the economic challenges brought by the coronavirus pandemic Lahore, August 21, 2020: Carrefour, operated by Majid Al Futtaim in Pakistan, has opened a new store at Lahore’s Amanah Mall, in a move to expand the retail leader’s footprint in the country, while simultaneously supporting the city’s economic revival. The new 2,200…
Karachi, August 21, 2020: The Board of Directors of Shell Pakistan Limited (‘SPL’) announced the second quarter results for the company on 21st August. The company posted an after tax loss of PKR 3,540 million compared to the loss of PKR 1,704 million made in the same period last year. Second quarter was a challenging…
Karachi, August 21, 2020: The Board of Directors of Meezan Bank Limited in its meeting, held on August 17, 2020 approved the financial statements of the Bank for the half year ended June 30, 2020. The meeting was presided by Mr. Riyadh S.A. A. Edrees – Chairman of the Board, Mr. Faisal A. A. A….
Karachi, August 21, 2020: KSE 100 continued its negative momentum as the index lost 247 points to close at 39,622 level. Index declined to make an intraday low of 628 points which was attributed to news on few media outlets that approval has been granted to sell 7 percent and 10 percent government stake in…
Karachi, August 20, 2020: Market opened on a positive note today with +29 points, however, couldn’t carry the momentum showed in the previous sessions and posted a loss of 372 points in total during the session. The index closed -340 points (unadjusted). Selling activity was observed in Fertilizer, Cement, Refinery and O&GMCs and intensified by…