Karachi, July 8, 2019: The Pakistan Stock Exchange decline deepened Monday, with the KSE-100 Index sliding 447.34 points, to settle at 33,742.68. Market is pricing in the harsh reality that the economic slowdown is more likely to linger than quickly be resolved. Selling was seen across the board with Cements, E&P, and Banks contributing the…
Karachi, July 8, 2019: Provisional fertilizer offtake for the month of Jun’19 indicates that urea sales witnessed an increase of 8 percent YoY and 11 percent MoM to 659k tons. Cumulatively, urea sales surged by 6 percent YoY to 2.9 million tons during 1HCY19. According to Arif Habib Limited, In particular, FFC and FFBL’s cumulative…
Karachi, July 8, 2019: This statement was given by Muhammad Mian Soomro, Federal Minister for Privatization during a meeting with the prominent businessmen of Karachi city arranged by Abdul Rahim Janoo, Ex-Chairman Rice Exporters Association of Pakistan (REAP) at his residence. Janoo said that after the federal budget 2019, the business community is quite desperate,…
Islamabad, July 8, 2019: Prime Minister Imran Khan Friday launched the National Poverty Graduation Initiative here to steer the poorest household out of poverty by providing them interest-free loans, assets transfers and vocational and skills training. I was delighted to launch the National Poverty Graduation Initiative, one of the several initiatives we will launch under…
Karachi, July 08, 2019: The Aga Khan Gymkhana (AKG) organized its AKG Summer Cricket Coaching Camp 2019 The four weeks camp was organized at the AKG Cricket ground for encouraging young boys ages 7-19 years to learn the skills and other things of playing proper cricket during their summer vacations. Head Coach & former captain Karachi…