Feb’23 CPI: Inflation keeps rising
· Headline inflation for the month of Feb'23 clocked in at 31.5%YoY, taking the 8MFY23 average inflation to 26.2%. On a MoM basis, the inflation was recorded at 4.3%MoM—the highest monthly…
· Headline inflation for the month of Feb'23 clocked in at 31.5%YoY, taking the 8MFY23 average inflation to 26.2%. On a MoM basis, the inflation was recorded at 4.3%MoM—the highest monthly…
In the current situation in Pakistan, there is a need to pay attention to the development of agriculture and its prosperity. European countries must firmly establish their footing, for which…
· The PSX witnessed a positive session today. The benchmark KSE-100 index opened in green and kept hovering in a positive zone throughout the trading session, reaching an intraday high…
Oil & Gas Development Company Limited (OGDC) is scheduled to release its 2QFY23 earnings on Wednesday, wherein we expect the company to post NPAT of PkR37.30bn (EPS PkR8.66), changing by…
Strengthening upon the reverberating journey of the globally recognized, S&P Global Award Winner K-Electric's Roshni Baji brand ambassador program, the company has announced the launch of the third cohort of…
· The PSX concluded the week with a mixed session. The benchmark KSE-100 Index traded in a narrow range in both session as investor involvement remain sluggish as they remained…
The proposed unprecedented tax hike for the tax-paying tobacco companies will effectively favour the already vast illicit cigarette manufacturers in Pakistan. This will also lead to significant shortfalls in Government…
· A range bound session was witnessed at PSX today. The KSE-100 index opened in green, but rumors of emergent policy meeting kept the index choppy and traded in narrow…
The total liquid foreign reserves held by the country stood at US$ 8,702.2 million as of 10-Feb-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
Gillette Pakistan today announced Pakistan National Cricket Team's superstar and sensational bowler, Naseem Shah, as its newest brand ambassador along with campaign launch of the first locally produced razor, Blue…
The Hub Power Company Limited (HUBC) is scheduled to announce its 2QFY23 financial result on Feb 16th, 2023. We forecast the company to post a consolidated profit after tax of…
· The PSX recorded a productive session today. The market opened in the green and traded within the same range as investors continued to be optimistic about the potential policy-level agreement…
· The bulls took charge at the PSX today. The market opened in the green and continued to trade with optimistic sentiments throughout the trading session, reaching an intraday high of…
On the sixth day of the ongoing Pakistan Youth Festival in Karachi, Arts Council of Pakistan, the outstanding performance of the candidates in the finals of singing, instrument, acting, dance…
On Saturday, former Vice President of FPCCI Atif Ikram Sheikh said exchange rate erosion would open floodgates for unprecedented inflation and add to the country's debt. The rupee depreciated by…
Another bull run was recorded at the PSX today. The market resumed the trading session on a positive note and processed to make an intraday high of 1209.79 points after…
Korangi Association of Trade and Industry (KATI) President Faraz-ur-Rehman welcomed the announcement by Federal Minister for Maritime Affairs Faisal Sabzwari and Minister for Commerce Naveed Qamar to waive demurrage fines…
The market trajectory next week will be determined by the MPC decision, scheduled to meet on 23 Jan, wherein the market is largely expecting a 100bps increase in policy rates.…
· The PSX witnessed a positive session today. The benchmark KSE-100 index opened in green and remained positive throughout the trading session, as Investors adopted the strategy of value hunting on…
Some 83 percent of urban early adopters believe the world will have reached or surpassed the 1.5°C global warming mark by the end of 2030 Almost 59 percent say innovation…
To support students' learning by offering world-class qualifications, and to ensure the provision of assessment services and international academic qualifications, Pearson-Edexcel and The City School, Pakistan's largest network of private…
Syngenta Pakistan Limited, a leading agriculture innovation and technology company that provides crop protection, seeds, and digital services to millions of Pakistani farmers, has successfully launched CENTRIGO Farming Ecosystem to…
Workers' remittances recorded an inflow of US$2.0 billion during Dec 22. During Dec 2022, remittances decreased by 3.2 percent on m/m and by 19.0 percent on y/y basis. With cumulative…
To raise awareness of the impact of vision impairment caused by uncorrected refractive errors (URE) in children, 'Noor', a film starring Sarwat Gillani and Umair Rana has been released by…
ILMA University has taken another initiative to promote quality higher education at the international level. The Board of Governors of ILMA University, under the patronage of Chancellor Mr. Noman Abid…