Dubai, December 11, 2019: The Pakistan Property Show (PPS) 2019, organised by Pakistan’s largest property portal Zameen.com, successfully concluded at the Dubai World Trade Centre in Dubai on Friday. His Excellency Amjad Ahmad Ali, Consul General of Pakistan in UAE, graced the occasion as special guest on its second and last day. A total of…
Karachi, November 20, 2019: Commerce Secretary Sardar Ahmed Nawaz Sukhera recently asserted that the country’s exports cannot grow as per expectations until increase in export surplus is available. He was briefing the National Assembly Standing Committee on Commerce and Textile headed Naveed Qamar. “I think when Commerce Ministry is asked for exports (and rightly so),…
Karachi, October 08, 2019: Market traded in a narrow range but oscillated between +235 points and -228 points, and closed the session -160 points (unadjusted). Market has until now seen a gradual ascend with a cumulative increase of 5200 points amidst brief consolidation. The overall sentiment appears still positive, though investors seek profit booking and…
Karachi, September 25, 2019: Pakistan’s Trade deficit in Aug-2019 declined by US$700 million (30 percent) YoY as imports declined by 22 percent (US$982 million) YoY while exports saw a 14 percent (US$281 million) dip over the same period. This shrinking of the import-bill can be traced back to significant declines in imports of petroleum products…
Karachi, September 25, 2019: Pakistan Stock Exchange continued trading in a narrow range between +39pts and -357pts and closed the session -264pts (-0.8 percent). International crude posted losses and the same had negative impact on local oil & gas listed chain from E&P to OMCs. PSO and PPL also had financial results today, which were mostly…