Karachi, June 22, 2020: The KSE100-index witnessed 3.4 percent WoW correction, closing at 33,439 levels this week. While the Federal Budget FY21 announced last week brought no joy to market participants, sentiments were further dampened by political noise as BNP-M quit from PTI-led coalition government. Volumes improved during the week, however traded value declined by…
Karachi, April 13, 2020: The stock market opened on a negative note this morning and made an intraday low of 1,105 points before closing at 31,033 levels, down 3.1 percent. Overall market remained bearish with slightly better volumes but limited participation. On the economic front, the Planning Commission estimates that the ongoing coronavirus pandemic could…
Karachi, April 02, 2020: After yesterday’s pause, the Market again witnessed a huge stride of 1336 points, similar to what was observed day before yesterday. Jump in international crude prices by approx 10 percent believed to have given the impetus that the market saw today, which saw OGDC, PPL and POL trading at and near…
Karachi, November 20, 2019: After managing a bull run that added ~10,000 points from its low, the market finally took corrective stance with index plunging 587 points and closing the session at that note (unadjusted). Selling pressure was evident in Cement, E&P, O&GMCs and Banking sector stocks. Although dust is seemingly settling on political front,…
With numerous recent programs to empower women, National Foods Limited is contributing diligently towards achieving the UN’s Sustainable Development Goal of Gender Equality. Karachi, June 18, 2019: National Foods Limited, one of the leading food companies headquartered in Karachi, hosted the graduation ceremony of Elevate participants at their Corporate Office. Elevate is CIRCLE’s flagship campaign which is Pakistan’s…