Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Shell suffers Rs224 million loses Saturday, April 21, 2012: Shell petroleum’s transpired from making profits to a loss in the first quarter of 2012 amid swelling government dues and lower profit margins. The government does not provide adequate returns to fully cover the cost of operations and financing, Shell Pakistan Chairman Sarim Sheikh wrote […]
The State Bank of Pakistan announced its monetary policy today, but did not change the discount rate, keeping it unchanged at 12-percent. This was largely expected due to talks of rupee getting depriciated and rising inflation. Earlier, the State Bank of Pakistan, in an unexpected move on Saturday, October 8, slashed the discount rate by […]
The State Bank of Pakistan announced its monetary policy today, but did not change the discount rate, keeping it unchanged at 12-percent. This was largely expected due to talks of rupee getting depriciated and rising inflation. Earlier, the State Bank of Pakistan, in an unexpected move on Saturday, October 8, slashed the discount rate by […]
The State Bank of Pakistan is expected to announce the monetary policy tomorrow, i.e. Wednesday, November 30 and a slash of 50 basis points is expected in a bid to instigate investment in the country. Earlier, the State Bank of Pakistan, in an unexpected move on Saturday, October 8, slashed the discount rate by 1.5% […]
The KSE-100 index, after closing in the negative zone on Wednesday, November 2, gained 61 points on Thursday, November 3 to close at 11,807 points, surpassing the 11,800 mark for the first time this month. Volumes remained low throughout the trading session, locking in 61.487 million shares during the day. 70% of OGDC’s free float […]
Stability returned to the KSE-100 index as it survived pressure across the board to close at 11,746 points, shedding only 17 points on Wednesday, November 2. Volumes continued to plunge, dropping down to 63.86 million after clocking the 84.4 million mark of Tuesday, November 1. There was no major attraction for investors today, the only […]
Failing to hold on to the bullish trend, the KSE-100 Index dropped 106 points to close at 11,763 points on Tuesday, November 1. Volumes dropped below the 100 million mark yet again with 84.4 million shares being traded in the first session of November. After gaining more than 550 points in the last two sessions, […]
The KSE-100 Index remained bearish for the first three days of the week before finally rebounding in the last session on Friday, October 28 to close at 11,562 points after having seen the monthly-low of 11,283 points on Thursday, October 27. After four consecutive sessions of bearish activity, including Friday of last week, analysts declared […]
After four sessions of bearish activity, the KSE-100 index gained 278 points or 2.47% to cross the psychological barrier of 11,500 and finish at 11,561 points on Friday, October 28. It had been largely anticipated by observers that political processions in Lahore might have a negative impact on the market, but positive activity in OGDC, […]
Negative sentiment prevailed in the market yet again as the KSE-100 index lost another 104 points to close at 11,283 points on Thursday, October 27. The index shed 130 points yesterday to fall below the psychological barrier of 11,500 points and it now remains to be seen if the 11,000 mark can be sustained. After […]
