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…
Islamabad, September 7, 2019: The government has released an amount of Rs76 million for the development of Integrated Transit Trade Management System (ITTMS) being developed under the Asian Development Bank (ADB) Regional Improving Border Service Project. The project envisages establishment of state-of-the-art facilities at Wagah, Torkham and Chaman border crossing points, official sources said adding…
KASHMIRI APPLES PROMOTED, INTERNATIONAL BUYERS APPRISED OF ATROCITIES BY INDIAN FORCES ” – PATRON-IN-CHIEF PFVA , WAHEED AHMED Karachi, September 6, 2019: Pakistani exporters taking timely advantage of this exhibition expressed complete solidarity & reaffirm support of Pakistani nation with the “Sieged & oppressed “people of India – held Kashmir who have been living under…