Karachi, July 16, 2019: The KSE-100 Index of Pakistan Stock Exchange closed at 32,972 points on Tuesday as against 32,958 points on Monday showing an increase of 14 points or 0.04 percent. Cement and E&P sector played a major role in setting the pace of the market on Tuesday, which oscillated between +135pts and -354pts….
Karachi, July 16, 2019: In compliance with the directives of Prime Minister Imran Khan to provide maximum facilities to passengers, Secretary Aviation/DGCAA Shahrukh Nusrat has taken another step beneficial to air travellers. The plastic wrapping rates for all sizes of bags of air passengers has been reduced from 75 to 87 percent with immediate effect….
Karachi, July 16, 2019: Chief of the Economic Unit of Consulate General of United States Chad Miner has said that the US government was deeply interested in expanding trade and investment ties between the United States and Pakistan which is the largest exporter of goods to the US. Speaking at a meeting during his visit…
Islamabad, July 15, 2019: This year’s Pakistan-U.S. Alumni Network (PUAN) annual conference brought together approximately 200 Pakistani alumni of educational exchanges and English-language programs sponsored by the United States Government. Under the theme, “Azm-e-Aalishan: The Power of Resolve” the conference, which took place from July 12 to 14 highlighted the inspirational stories of PUAN members…
Karachi, July 15, 2019: Pakistan Stock Exchange saw a significant decline of ~750 points during the session that is caused by uncertainty on monetary policy. As per revised schedule, SBP is set to announce monetary policy tomorrow, where consensus estimate is for a hike of 100bps. An interest rate hike in line with expectation will increase…