Monday, November 30, 2020

#KSE

KSE-100 nosedives on cement issues, SEF delays

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) opened on a positive note with +24pts, but hit a ceiling of +69pts followed by heavy selling throughout the session. Cement sector caused the concern among investors due to requirement introduced...

KSE-100 surges 129 points

As expected, FTSE rebalancing proved to be a non-event on Friday. Market remained positive throughout the session; however, the gains were limited. 100 Index went up by 212pts but ended +55pts (unadjusted) just before the roll-over week begins. Cement sector,...

SECP notifies Listed Companies “(Buy-back of Shares) Regulations, 2019”

The SECP notified Listed Companies “(Buy-back of Shares) Regulations, 2019” on May 23, 2019 after a series of meetings between different stakeholders. A draft of the Regulation was shared by the SECP post feedback from all stakeholders and a notification...
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Latest News

Britain to keep the Christmas shut until Easter in April

Easter has been set to lift the strict Corona lockdown rules in the United Kingdom, which were approved by...
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10 things you didn’t know about the Iranian nuclear scientist Mohsen Fakhrizadeh

The assassination of the Iranian nuclear scientist Mohsen Fakhrizadeh, whose name, life, and position he used to hold in Iran was released into the...

Biden appointed Linda Thomas-Greenfield as UN ambassador

US President-elect Joe Biden said that the US Secretary of State, Anthony Blinken, will work to restore US foreign relations, explaining that Mayoras will...

Mozambique and Tanzania launches joint operations against rebels

Mozambique and Tanzania would start joint operations to fight an insurgency, under an agreement that also includes the handover of about 500 suspected militants. The...

US-based Chinese opponents support Trump’s allegation of fraudulent election

Some Chinese opposition activists in the field of human rights residing in the United States, who support Donald Trump's hard-line stance towards Beijing, have...