Published in The Banker Pakistan, September 10th, 2016.
KARACHI: Complete lack of interest in trading at the stock market saw the volume dip to three-year low at just 75 million shares on Monday. The benchmark KSE-100 index moved narrowly between the positive and negative. However, it closed with gains of 185.77 points (0.42 per cent) at 44,523.21 on late buying. Intraday, the index […]
KARACHI : Bank deposits have increased 19% to reach Rs11.9 trillion in June after the country saw increased circulation of money in the system, a local brokerage house reported on Tuesday. “We attribute this to a 17% year-on-year Broad Money (M2) growth in June 2017,” Topline Securities’ analyst Umair Naseer said in a note to its clients. […]
KARACHI: Political uncertainty, submission of the JIT reportand adjournment of Supreme Court decision to next week, resulted in adding to the pervading gloom over the investor sentiments. KSE-100 index declined 885 points (1.96 per cent) and settled at the end of the week at 44,337 points. During the week, the market also saw one of the […]
ISLAMABAD: Commerce and textile ministries have urged the Ministry of Finance to allow the continuation of an unconditional cash subsidy on exports in 2017-18 under the prime minister’s Rs180 billion support package. “We have approached the finance ministry several times for a policy change,” an official source in the commerce ministry told Dawn on Monday. […]