Tuesday, August 9, 2022

PK-Economy

No deadline of non-compliant mobile registration today, policy under consideration, PTA

Government to decide the policy of registering non-compliant cellular phones soon and during this time period unregistered mobile phones will be active. Spokesperson of Pakistan Telecommunication Authority informed “wnobserver.com” said that the policy soon to announce. For the past three...

Rupee remain stable against USD in open market

Rupee remained stable against the US dollar on Tuesday as the demand and supply remained balanced.   The inter-bank US dollar closed at Rs138.90 as the demand for import payments and corporate sector was offset by remittances and export receipt.   Malik...

Pakistan stock market jumps 201 points on offshore drilling, ECC meeting

The benchmark KSE 100 index of Pakistan Stock Exchange jumped 201 points or (+ 0.51%) closed at 39,614 Tuesday on Offshore drilling and ECC meting regarding custom duties. According to analysts at Arif Habib, market made another healthy move...

ECC to meet on Five-point agenda today

The meeting of Economic Coordination Committee will be held today. Finance Minister Asad Umar will the meeting. The committee will discuss the issues pertaining to power plant in Gwadar, Wapda, Gas supply to the power plants, Exports and Imports...

Asad Umer to aim Industrialisation while maximising tax revenues on 23rd Jan Mini-Budget

By Muzammil Aslam Mini Budget to be announced on Jan 23rd, Finance Minister. Stock market investors will hear good news. We believe, some relief expected in capital gain and dividend taxation. Plus, carry forward losses to 3 years Exports...

Pied Pipers led the country away from documented economy

For all underdeveloped countries, including Pakistan, the main issue is the Documentation of economy. It is indeed an uphill task for any political government to motivate and drive its people towards documentation of economy. Normally in underdeveloped countries, dense...

Weekly review: KSE 100 gains 4 percent to 1,502 points, second in 12 months high

The benchmark KSE-100 closed at 39,049pts, up by 1,502pts or 4.0% WoW, this is second highest weekly gain in last twelve month). This week trading commenced on a positive note and gained over 1,000pts on Monday as the crown...

KSE 100 sheds 41 points on investors lackluster behaviour

The benchmark KSE 100 index of Pakistan Stock Exchange on Friday downed by 41.20 points or (-0.11%) closed at 39049 on investors lackluster behavior.     Largely the index remained where it started. The opening bell saw an increase of 26pts...

Nine measures to bring volumes back in equity market

Stock market is the best available option for any government to attract foreign exchange. Investments in stock market yield either dividends or capital gain by the concerned companies and are not burden on National Exchequer as far as debt...

Pakistan’s foreign exchange reserves down by $240 million

The foreign exchange reserves of Pakistan depleted by $240 million to $13.6 billion on January 04, 2019 as comparing with $13.4 billion in the previous week, State Bank of Pakistan (SBP) stated on Thursday. The official reserves held by SBP...

Latest News

World must notice Indian repressions in IIOJ&K, says Qamar Zaman Kaira to a webinar in Canada

Like Pakistan and elsewhere in the world, Youm e Istehsal Kashmir was observed in Canada by the Pakistan High...
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