Karachi, July 12, 2019: Pakistan Stock market remained lacklustre on Friday, following the trend seen in recent past sessions. The source of Low volumes and lack of investor confidence in equities appears to be a higher interest rate, which was further aggravated by an earlier than anticipated schedule of Monetary Policy. As per SBP, Monetary…
Islamabad, May 25, 2019: Advisor to the Prime Minister on Commerce, Textile, Industry and Production Abdul Razak Dawood on Saturday said the poultry association and producers needed to be more aggressive in market penetration in the region. He was talking to a delegation from the Poultry Association of Pakistan who called on him to discuss…
Karachi, May 15, 2019: Market made a positive move on Wednesday, courtesy of Amnesty Scheme as well as news of successful drilling at Kekra. Resultantly, E&P scrips performed well and Investors, in general, took positive bets on Fertilizer, Cement, Banks, and Steel. Cement sector topped the volumes table with 19.4 million shares, followed by Banks (14…
Islamabad, April 20, 2019: After starting off on a positive note, the market witnessed a steep decline during midweek, before finally staging a recovery during the final trading session to close at 37,292 level, down marginally by 0.1 percent WoW. There was a minor recovery in volumes +18 percent WoW, which have been depressed in…
Karachi, April 17, 2019: We are pleased to inform that Pakistan Credit Rating Agency Limited (PACRA) has upgraded stability rating of NIT Money Market Fund from previous “AA+” to “AAA” which is the highest fund stability rating. The objective of the fund is to generate competitive returns with minimum risk for its unit holders by…