Karachi, July 25, 2019: Managing Director of SGS Pakistan Abdul Razzak Lakhani has stressed that the business and industrial community of Karachi Chamber of Commerce & Industry (KCCI) must work collectively with SGS Pakistan to promote the standardization of products both either being produced and imported in Pakistan or being exported to other countries which…
Karachi, July 25, 2019: Market traded in a narrow range and saw an oscillation of +101 points and -251 points. Early part of the session saw the bearish trend, with selling pressure in Cement, Banks, and Fertilizer stocks. Sectors contributing positively to the index included E&P and Autos. Among the banking sector scrips, HBL performed…
Islamabad, July 25, 2019: Government of Pakistan (GOP) conducted first Pakistan Investment Bonds (PIBs) auction yesterday after signing IMF program, wherein tenor wise the govt. collected Rs120 billion, Rs55 billion and Rs25 billion in 3-year, 5-year and 10-year bonds at cut-off rates of 14.25 percent, 13.8 percent, and 13.55 percent respectively. According to Topline report,…
Islamabad, July 25, 2019: After receiving the prestigious Fulbright Scholarship, 156 Pakistani students will pursue Master’s and PhD studies or teach at top universities in the United States. U.S. Embassy Islamabad Chargé d’Affaires a.i. John Hoover congratulated the Pakistani students at an event preparing the recipients for the exchange program. “The American government believes in…
Karachi, July 25, 2019: Urea offtake during 1H2019 depicted the growth of 5 percent YoY to 2.87 million tons on the back of pre-buying by dealers/farmers amid an expected hike in urea prices as the govt. was set to increase gas prices w.e.f. July 2019. Furthermore, timely rain fall across the country also pushed up…