Pakistan stocks rebounded today
Market went down in the early part of the session, declining by 368pts but rebounded later to erase all losses and closed +353pts (unadjusted). The intra-day movement amounted to 723pts.…
Market went down in the early part of the session, declining by 368pts but rebounded later to erase all losses and closed +353pts (unadjusted). The intra-day movement amounted to 723pts.…
Archroma, a global leader in color and specialty chemicals towards sustainable solutions, has joined hands with Liberty Textile Mill Limited (Liberty), a leading producer in healthcare textiles to produce high…
Huawei has embarked on a journey to channelize the youth with its latest Y Series offerings. The all new HUAWEI Y6p and HUAWEI Y8p are at the heart of Huawei's…
On April 10, 2020 State Bank of Pakistan, under the leadership of Governor State Bank, Reza Baqir, introduced a scheme to protect workers and employees during the COVID-19 pandemic. The…
President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, FPCCI's Businessmen Panel Sr. Vice Chairman, and former provincial minister Mian Zahid Hussain on Monday said some politicians and…
The position of the river inflows and outflows at Tarbela, Mangla and Chashma along with the reservoirs levels and the barrages today is as under: Rivers: Indus at Tarbela: Inflows 135700…
Chinese telecoms equipment maker Huawei Technologies Co Ltd is expected to receive planning permission this week to build a 400-million-pound ($494.24-million) research and development centre in Britain's Sawston village.The facility,…
Zong 4G, Pakistan's Number 1 digital communication company, has partnered with NUST Military College of Signal (MCS) to provide training students on its new IoT platform OneNET. With an annual…
President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has stressed that the rate of GST should be reduced by 3 percent to 14 percent from current…
Patron in Chief of Korangi Association of Trade & Industry (KATI) SM Muneer and President Sheikh Umer Rehan applauded Sindh Government for a tax free provincial budget. SM Muneer said…
The market commenced on a negative note this week following the FY21 budget announcement which once again included highly ambitious revenue targets. However rise in international oil prices (benefitting E&P)…
Market remained range bound throughout the session, trading between +160pts and -170pts, closing the session -101pts. Re-imposition of lock down has dimmed the prospects of quick economic recovery / stabilization.…
In order to facilitate the collection of Government receipts / duties / taxes, it has been decided that the field offices of SBP Banking Services Corporation (SBP-BSC) and authorized branches…
TPL Trakker, Pakistan's leading IoT company, has partnered with NITB (National Information Technology Board) and NCOC (National Command and Operation Center) to support their national efforts in Pakistan's Through this…
To ensure safety and well-being of the citizens and for reliable power supply throughout the city, K-Electric is removing kundas and other hazardous material such as illegal streetlight switches encroached…
Emirates will resume scheduled flight services to Sialkot from 24 June. From Pakistan, the airline now operates flights to Dubai from four cities – Karachi, Lahore, Islamabad and Sialkot. Emirates…
The Karachi Chamber of Commerce & Industry (KCCI), in a communication to the Chairmen/Co-Chairmen of the Anomaly Committees formed by the Federal Board of Revenue, has pointed out anomalies in…
President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, FPCCI's Businessmen Panel Sr. Vice Chairman, and former provincial minister Mian Zahid Hussain on Friday said a massive quantity…
Signify, the world leader in lighting, together with the National Emerging Infectious Diseases Laboratories (NEIDL) at Boston University in the US have conducted research that validates the effectiveness of Signify's…
Spokesperson of United Business Group (UBG) Gulzar FIroz has termed inclusion of President FPCCI Mian Anjum Nisa as an ordinary member of FPCCI anomaly Committee formed by FBR as insult…
PTC Group (Holding company) is composed of PTCL (fixed line, broadband and other telecom services) and three wholly owned subsidiaries namely Ufone, Ubank and DVcom that provide telecommunication, financial and…
Today, Facebook announced the winners of the Ethics in AI Research Initiative for the Asia Pacific, an initiative to help support thoughtful and ground-breaking academic research in the field of…
The total liquid foreign reserves held by the country stood at US$ 16,775.3 million on 12-June-2020. The break-up of the foreign reserves position is as under:- Foreign reserves held by…
Market shed 377pts again during the session and closed -309pts. Political uncertainty amid emergency lockdown in different parts of the country caused investors to rethink decisions. In addition, rupee parity…
Life has slowed down, but people still need to sell their cars or buy used ones. Recognizing this necessity and supporting customers' efforts to maintain social distancing, VavaCars has once…