Karachi, February 08, 2021:Market saw selling pressure at the beginning of the week, which was also observed in the last trading session when Index crossed 47K level. Profit booking was observed across the board, especially in Banks, E&P, Cement and Fertilizer sectors that kept any increase in index in check. The Index swayed positively by…
Karachi, February 04, 2021: Despite a positive opening, the KSE100 index closed flat at 46,906 (down 28 points) after a choppy trading session. 440 million shares were traded during the day with highest contribution coming from PRL (1.0 percent), TRG (-3.7 percent), KEL (-2.4 percent), PIBTL (-2.6 percent), HASCOL (-0.4 percent) and HUMNL (-4.0 percent)….
Karachi, November 24, 2020: PSX showed slight signs of recovery as the KSE-100 index made an intraday high of +389 points and closed at 39,863 level (up 231 points). The positive impact was observed mainly due to the decision of the Monetary Policy Committee (MPC) to keep the policy rate unchanged at 7 percent. A…
Karachi, July4, 2020: Careem, the internet platform for the greater Middle East has recieved donations worth Rs. 5.9 million by its users through its REWARDS program in Pakistan over the period of a year ending June 30, 2020. Careem saw an influx of donations across the region where it operates as customers looked to spend…
Karachi, May 01, 2020: Ismail Suttar, president Employers Federation of Pakistan(EFP) & chairman Economic Council has urged the Governor of State Bank of Pakistan, Mr. Reza Baqir to further reduce policy rate by 300 basis points. He maintained that the recent stimulus measures will not be sufficient and will exacerbate the prevailing recession. Businesses and…