Karachi, December 30, 2019: During the session market went up by 447 points, however, MoC saw erosion of all the gains and Index slipping by 33 points. Selling pressure was mainly observed in Banking and E&P sectors. Trading activity was mainly tilted towards year end closing activity, which propped up price of ENGRO, LUCK, HUBC…
Karachi, December 27, 2019: The exports of pharmaceutical product during the first five months of financial year (2019-20) grew by 8.66 percent as compared to the exports of corresponding period of last year. The pharmaceutical exports were recorded at $92.714 million during July-November (2019-20) as against the exports of $85.323 million during July-November (2018-19), showing…
Karachi, December 26, 2019: Market moved up significantly by 820 points, primarily due to year-end closing that requires financial institutions to manage the equity portfolios to avoid impairments. Buying activity was observed across the board, but focusing on Oil & Gas chain, including E&P sector stocks that showed OGDC trading near upper circuit. Similarly, price…
Karachi, December 24, 2019: Market oscillated between -553 points and +480 points today and closed the session +320 points. Market opened on a negative note with -51 points and extended the losses later. Investors remained cautious in buying in oil chain, but gradually gained momentum by session end, which saw OGDC trading near upper circuit….
It will result in increase of smog in cities CNG Closure in Sindh is unfair In Punjab CNG Stations have deposited Billions as advance for the import of LNG. Ghiyas Paracha Karachi, December 20, 2019: Senior leader and Central Chairman of All Pakistan CNG Association Mr. Ghiyas Paracha has expressed his concerns that closure of CNG…