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 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…
Karachi, July 5, 2019: Pakistan Stock Exchange on a negative note with -45pts and continued the downtrend, which ended -323pts and merely ~20 million shares by the end of the first session. The second session contributed an additional 30 million shares to end the total volume traded with 51 million shares. Fertilizer, O&GMCs, Cement, Banks and…
Funds will be utilized to increase the company’s shareholding in China Power Hub Generation Company (CPHGC) from 26 percent to 47.5 percent”. The power generation capacity of the Company will enhance to over 3580MW after completion of all its power projects. Karachi, July 04, 2018: The largest independent power producer of Pakistan, The Hub Power Company…
