PSX Sets New Record at 87,194.54 Points
Positive sentiments prevail over the 100-Index of the Pakistan Stock Exchange (PSX) for third consecutive day on Wednesday and continued with bullish trend, gaining 727.96 more points, a positive change of 0.84 percent, reaching all time high level of 87,194.54 points against 86,466.58 points on the last trading day.
Mehfooz
PSX’s 100 index to crosses the 76,000 points
The 100-index of the Pakistan Stock Exchange continued with bullish trend, jumping 3,410.73 points, a positive change of 4.69 percent, reaching all time high at 76,208.16 points against 72,797.43 points the previous day.
PSX turns around to bullish trend, gains 297 points
The 100-index of the Pakistan Stock Exchange turned around to bullish trend, gaining 297.25 points, a positive change of 0.46 percent, closing at 64,646.85 points against 64,349.60 points the previous trading day.
Adil Aziz
Karachi based SMEs demand of Subsidized electricity tariff: President FBATI
President Federal B Area Trade and Industry Syed Raza Hussain said the government should provide a subsidized electricity tariff to Small and Medium Sized Enterprises (SMEs) of the commercial capital Karachi to revive economic activity at an accelerated pace.
PSX Crosses 50,000 index after six years
The three top-trading companies were K-Electric Ltd with 83,163,817 shares at Rs.3.37 per share, Pak Refinery with 37,666,822 shares at Rs.17.47 per share and WorldCall Telecom with 25,884,545 shares at Rs1.28 per share.
FPCCI concerns over power hike; demands cut in taxes
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Irfan Iqbal Sheikh said that Pakistani households and businesses were facing mounting power tariff. He demanded for renegotiating capacity charges and put a halt to sales tax, besides reducing the ratio and number of taxes in the electricity bills. Addressing a press conference here at…
Delegation of a Business Leaders from Saudi and Kuwait meet PM to discuss KE issues
A delegation of K-Electric’s majority shareholders representing Saudi Arabia’s Aljomaih Holding Company, Kuwait’s National Industries Group (NIG) and Infrastructure Growth and Capital Fund (IGCF) called upon the Honorable Prime Minister of Pakistan Mian Shehbaz Sharif on Thursday. Delegation was led by Sheikh Abdulaziz Aljomaih – Managing Director of Aljomaih Holding Company, one of the strongest…
Building Communities: KE Renovates Tanveer Shaheed Park
Committed to making Karachi’s future more clean and green, K-Electric has renovated yet another park in the city. Located in the densely populated area of Nazimabad, Tanveer Shaheed Park had remained in an unusable condition for years, which will now provide a recreational facility to around 1,000 households in the vicinity. This development initiative was…
Must Have Faith to Build a Better Society: Philanthropists
“You need to have a vision in order to succeed”. This is what Dr. Muhammad Amjad Saqib, CEO, Akhuwat Foundation – had to say who has recently been nominated for the Nobel Peace Prize 2022 for his humanitarian work in poverty alleviation. He made these remarks during the first webinar of the Reflections series titled…