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PSX market show more decline in 121pts

Karachi, January 21, 2020: Market continued facing downward pressure with the benchmark index slipping 409 points after registering an increase of 218 points earlier in the session. PSO, among oil & gas plays and FFBL, among Fertilizer, contributed positively to the index, however, selling in Cement, Steel, E&P and Refinery sectors faced selling pressure, whereas…

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Economic confidence sees a bounce in Pakistan for Q4 2019

Karachi, January 21, 2020: A survey of nearly 100 senior accountancy experts on economic conditions in Pakistan shows a marked increase in economic confidence during the last three months of 2019, recovering strongly to above both its long run and recent average levels. However, the global report Global Economic Conditions Survey (GECS), jointly published by ACCA (the Association of…

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