Karachi, July 01, 2020: The pandemic has triggered the deepest global recession in decades. We have witnessed slowdown in Pakistan’s economy and downside risk to growth has increased. However, the fiscal and monetary authorities have responded with unprecedented economic policies including fiscal stimulus, monetary easing and debt moratorium. The recent reduction of Policy Rate to…
Islamabad, December 23, 2019: Pakistan equities closed Monday on a negative note with benchmark KSE100 Index shedding 825 points, closing at 40,008 level, down 2.0 percent. The market remained lackluster throughout the trading session after a hectic sell-off being observed. Moreover on the political front Indian and Pakistani troops exchanged fire in some areas along…
Karachi, Augst 10, 2019: Unwarranted selling and fragile sentiments witnessed at the Pakistan Stock Exchange during then last week correlated to India’s inexcusable revocation of Kashmir’s special status. According to Arif Habib Research, once again brought to the forefront, political rivalry between the two nuclear-armed South Asian neighbours. With peace in the region tested, investors…