Wednesday, June 16, 2021

Pakistan

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...

KPC elections 2019; Democrats sealed the victory with heavy margin

KARACHI: In the general elections Karachi Press Club (KPC) for the term 2019, Democrats have won all the seats with clear margin. According to the unofficial results, Imtiaz Kahn Faran declared as President of Karachi Press Club for the...

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 to reduce foreign ships cargo tariff: Maritime minister

KARACHI: Federal Minister for Maritime affairs, Ali Zaidi on Thursday guaranteed to reduce prevailing cargo tariff of 4.2 billion dollars being paid by Pakistan to foreign ships. Addressing the passing out parade of Pakistan Marine Academy cadets in Karachi,...

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...

Statement surfaced after the raid of FIA, regulator to assist LEAs: SECP

After the raid by Federal Investigation Agency (FIA) on Wednesday, the Securities and Exchange Commission of Pakistan in a latest statement issued today says that the SECP shall continue to extend complete cooperation to law enforcement agencies (LEAs) for...

2nd round of 12th DG Rangers Sindh National Squash Championship concluded

KARACHI: The 2nd Round of 12thDG Rangers (Sindh) National Squash - 2018, were played here at Sindh Rangers Jahangir Khan Squash Complex North Nazimabad Karachi. The following are the results of 2nd Round: (Prefix numbers denotes seeding, and bold denotes...

Latest News

Pakistani Canadians free to report any language in census

Canadian Pakistanis while participating in the Canadian census can report any language they want, including Pakistan’s national language Urdu,...
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