Sunday, January 26, 2020

Zain Zubair

NBP starts Biometric verification of account holders and customers

National Bank of Pakistan (NBP) has started doing the biometric verification for all its users (Personal Accounts as well as authorized signatories of Corporate/Commercial entities), under the directives of State Bank of Pakistan (SBP). NBP assured of its continued...

Pakistan’s equity market closed slightly higher amid mixed sentiments

KARACHI: KSE-100 index of Pakistan Stock Exchange (PSX) ended slightly higher amid mixed trading sentiments on Friday. The index closed at 37,547 points as against 37,542 points showing an increase of five points. Analysts at Arif Habib Limited said that...

FAP deleg calls on FM, concerns over sudden raids

The delegation of exchange companies during a meeting with Finance minister Asad Umar raised their concerns over sudden raids by Federal Investigation Agencies (FIA) teams. Director General FIA Bashir Memon. A delegation of Forex Association of Pakistan (FAP) headed by...

If USA can talk for peace in Afghanistan then why not Kashmir: President AJ&K

KARACHI: President Azad Jammu & Kashmir Sardar Masood Khan on Thursday said that the world has realized importance of Pakistan. Addressing a seminar on foreign policy organised by Karachi Council on Foreign Relations, he said that world scenario had changed...

Pakistan’s equity market witnessed decline 8.4% to 3,405 Points in CY18

The benchmark KSE-100 index of Pakistan stock exchange portrayed a negative return of 8.4% (3,405 points) for the second consecutive year (first time after 1996) during CY18. Average monthly return during the year clocked in at -0.6% with Dec’18...

Pakistan reduces POL prices to Rs4.86 a litre

The government of Pakistan reduced the prices of petroleum products for the month of January 2019. The price of petrol has been reduced by Rs 4.86 per liters, announced on Monday. Notification issued stated that the price of petrol and...

Pakistan’s equity market fails to attract investor’s confidence on political scenario

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) continued its bearish trend from last week and continued traded in the red this week. Announcement of USD 3bn deposit from the UAE last Friday failed to ignite confidence in...

FPCCI Elections 2019: Historic victory of UBG with clean margin

KARACHI: This year United Business Group (UBG) have won the elections of FPCCI again with historic margin and snatched the seats including President, Senior Vice President and the VPs on Friday. This was consecutive fifth year success of...

Pakistan’s foreign exchange reserves depletes by $567 million to $14.017.8 billion

KARACHI: The foreign exchange reserves of the country depleted by $567 million to $14.017.8 billion by week ended December 27 as compared with $14.584 billion in the preceding week, State Bank of Pakistan (SBP) said on Thursday. The...

Federal Cabinet appoints Farrukh H. Sabzwari as SECP Chairman

The federal cabinet has approved the appointment of SECP’s Commissioner Farrukh H. Sabzwari as Chairman of the Securities and Exchange Commission of Pakistan (SECP). Farrukh was appointed Commissioner at SECP on November 15, 2018. Farrukh would take charge of the...

About Me

Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]
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