Karachi, September 17, 2020: The benchmark index opened positive and touched a high of +350 points. The market remained in the green throughout the day and closed at 42,335 (+52 points) level. Overall volumes stood at 509 million shares, while value traded stood at US$91 million. PTC (8.8 percent), UNITY (3.2 percent), FFL (2.3 percent)…
Karachi, September 17, 2020: Members of SITE Association of Industry, Karachi, have vehemently supported the viewpoint of Karachi Chamber of Commerce & Industry to end the monopoly of K-Electric in the mega city for power generation, distribution and sale of electricity. President SITE Association Suleman Chawla, in a press statement, said that Karachiites are suffering…
Karachi, September 16, 2020: The PSX benchmark index blew both hot and cold today, making an intra-day high of +198 points and stopping to a low of -254 points, to finally close at 42,282 levels (-64 points). Volumes decreased by 26 percent DoD to 490 million shares, compared to 663 million shares in the previous…
Karachi, September 16, 2020: Ismail Suttar, President of Employers’ Federation of Pakistan (EFP), has resentfully concluded that the Sui Southern Gas Company (SSGC) is either incompetent or under pressure from unknown players despite the consistent pushing by stakeholders for days over record low-pressure ahead of winters. In the past, due to negligence, nepotism and deep-rooted…
APRA seeks help CCP to end monopoly of food delivery company Karachi, September 16, 2020: The All Pakistan Restaurant Association (APRA), has continued to boycott for the 2nd day over the unfair practices by foodpanda. All restaurants have blocked foodpanda from their apps and made it clear once again that if blackmailing will not be…