Karachi, March 1, 2021: Pakistani Equities started the week on a bearish note with the KSE 100 Index settling at 45,593 (down 0.59 percent). Major negative contribution came in from the commercial banks sector under which UBL, HBL, BAHL, MCB, & NBP cumulatively dragged the index lower by ~107pts. On the results front, TRG posted…
Karachi, February 27, 2021: The market remained on the back foot for most of the week, finally ending down on 45,865 levels (down 0.8 Percent WoW). A correction was on the cards, given the week coincided with the futures’ rollover. Nonetheless, activity retained its buoyance of recent weeks, relatively unchanged at an average of 589 million/day…
Karachi, August 12, 2020: Ahmed Chinoy Chairman of Pakistan Cloth Merchants Association said the Lockdown emerged from the global COVID-19 pandemic, it is continuing to devastate communities and jobs, challenge businesses that struggle to survive, and strain fiscal space of governments working to protect both lives and livelihoods. Global trade is heavily impacted as governments…
Karachi, January 10, 2020: The import of tea witnessed decrease of 26.38 percent during the first five months of the current fiscal year (2019-20) as compared to the corresponding period of last year. Pakistan imported tea worth US $184.361 million during July-November (2019-20) against the import of $250.413 million during the same period of 2018-19,…