Tuesday, August 9, 2022

PK-Economy

Cement dispatches growth of 4%, 1HFY19

Provisional cement data for the month of Dec’18 indicates a 1% MoM decline in dispatches to 3.87mn tons (Nov’18: 3.90mn tons) owed to weak demand in peak winter season and holidays on account of New Years. Whereas a minor...

Imran Farooqui appointed as Acting MD SSGC

Board of Directors (BoD) of Sui Southern Gas Company Limited (SSGC) appointed Imran Farooqui as Acting Managing Director of the company till further orders. Earlier, Imran Farooqui was serving as Deputy Managing Director of the company. The decision was made...

Equity market crosses 39000 on FATF decision

The benchmark KSE 100 index of Pakistan Stock Exchange (PSX) surged 168.59 points or 0.43% to close at 39090 on Thursday on Financial Action Task Force (FATF) decision. FATF satisfied over the effort of Pakistan in implementing Anti-money laundering...

Video Share: Global trade show ‘Heimtextil 2019’ kicks off with participation of 222 Pakistani exhibitors

Global trade show Heimtextil 2019' kicks off with participation of 222 Pakistani exhibitors

Dec’18: Urea sales up by 43% MoM while stagnant on YoY basis

Provisional fertilizer offtake for the month of Dec’18 indicates that urea sales witnessed a meager decline of 1% YoY to 709k tons while this figure is up by 43% MoM. Cumulatively, urea sales remained stagnant in CY18 at 5.8mn...

Global trade show ‘Heimtextil 2019’ kicks off with participation of 222 Pakistani exhibitors

FRANKFURT: The Global show of textile products Meimtextil started in Frankfurt, Germany from January 8 and to continue till January 11. Heimtextil observed a strong increase in the number of exhibitors and visitors from around the world. Heimtextil...

KSE 100 sheds 130 points on FATF negotiations

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) declined by 130 points or ( -0.33%) to 38921 on Wednesday. Market opened on Wednesday on a positive note with an increase of 150pts and 3M shares traded at opening....

Pakistan sails between FATF and IMF smoothly

While we are busy discussing UAE visit, Pakistan delegation is already meeting FATF reps at Sydney last Saturday. As per our understanding, the meetings will last for three days. Crackdown on money laundering, recent aggressive raids by FIA on illegal...

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...

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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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