Karachi, March 19, 2021: Facebook published a newsroom post to announce changes that have been made to the way it recommends groups and will also be limiting the reach of those that break its rules. The new policies are part of a continued effort to clean up misinformation and harmful content, like hate speech and…
Karachi, March 18, 2021: Pakistan local cement sales in Mar-2021 are expected to increase by 36-42 Percent YoY, taking 9MFY21 local sales growth to 16-20 Percent YoY. This is in line with our expectations, as we had also mentioned in our last month’s report that local cement sales are likely to grow by 40 Percent…
Karachi, March 17, 2021: Pakistani Equities clawed back the gains on Wednesday with the KSE 100 Index closing at 45,450 level (up 1.32 percent ). Over the past 4 days, the market has recovered 2,671points (6.24 percent ) against 3,057points lost amidst the senate elections. The rally is attributable to easing political noise owed to…
Karachi, March 17, 2021: The Monetary Policy Committee of the State Bank of Pakistan (SBP) is most likely to maintained Policy Rate at 7 pc amid accommodative Monetary Policy. The meeting of the committee is scheduled to meet for next 2-month monetary policy on 19th March 2021. In the current economic scenario, the market is…
Islamabad, March16, 2021 : The Securities and Exchange Commission (SECP) has warned of investment in fraudulent schemes. With an aim to promote protection of investors and the public interest, SECP regularly issues warnings and alerts, guiding the general public to refrain from investing in fraudulent investment schemes that promise hefty profits and unrealistic returns. As…