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Pakistan Stock Markets News Monitoring

  • Published on 04:15 GMT

    Pakistan Investment Bonds attract $12.7m after hike in yields

    KARACHI: After a recent increase in the cut-off yields, the Pakistan Investment Bonds (PIBs) attracted over $12.7 million foreign investment in the first week of this month helping the country’s external account to improve its reserves, data issued by the …

    Source: Dawn - Neutral
  • Published on 04:15 GMT

    Falling gold prices fail to boost sales

    KARACHI: Declining trend in world gold price and low cost of import of the precious metal on account of rising strength of the rupee against the dollar have caused a drop in one-tola and 10-gram gold prices by Rs11,800 and Rs10,117, respectively, from Jan …

    Source: Dawn - Neutral
  • Published on 07:34 GMT

    Stocks plunge as political worries weigh heavy

    Stocks landed hard on Monday after renewed political noise shot down the PM trust vote victory rally amid lack of triggers, dealers said. Pakistan Stock Exchange's (PSX) KSE-100 Shares Index shed 1.72 percent or 786.29 points to close at 45,051.06 …

    Source: The News International - Uncategorized
  • Published on Mar 8, 2021

    Women In ETFs Has Over 100 Exchanges Worldwide ‘Ring The Bell For Gender Equality In 2021’

    For the seventh consecutive year, a global collaboration across over 100 exchanges worldwide plans to hold a bell ringing event to celebrate International Women’s Day 2021 today, March 8. The events – which started on Monday, March 1, and will last for two …

    Source: ETF Trends - Neutral
  • Published on Mar 8, 2021

    World Federation Of Exchanges: Over 100 exchanges worldwide Will 'Ring The Bell For Gender Equality 2021'

    The World Federation of Exchanges is pleased to announce that 107 exchanges and CCPs will be involved in events this week for the annual 'Ring the Bell for Gender Equality' initiative. For the seventh consecutive year, exchanges and CCPs around the …

    Source: Mondovisione - Neutral
  • Published on Mar 6, 2021

    Mugabe blocked son-in-law, daughter and nephew over attempts to take over Telecel

    WHILE the late former president Robert Mugabe's regime was corrupt and incompetent it allowed ministers, top civil servants and its business cronies to loot public resources Mugabe himself was very strict with family members and relatives when it came …

    Source: Bulawayo 24 News - Neutral
  • Published on Mar 6, 2021

    Meltdown on PSX after finance minister loses Senate contest

    KARACHI: The stock market witnessed a bloodbath on Thursday with red splashed across the board. The KSE-100 index opened with a massive loss of 942 points and within minutes caved in to hit intraday low by 1,073 points. The index closed with a loss of 882 …

    Source: Dawn - Neutral
  • Published on Mar 6, 2021

    PM nods abolition of corporate tax exemptions

    ISLAMABAD: Prime Minister Imran Khan has granted a green signal for abolishing of corporate income tax (CIT) exemptions probably through a legal amendment within the next few days to satisfy the IMF’s executive board, sources said on Friday. “The …

    Source: The News International - Uncategorized
  • Published on Mar 6, 2021

    Stocks soar as PM seen passing political litmus

    Stocks managed a mighty rally on Friday mostly on bets the premier is set to ace his critical political test on Saturday, dealers said. KSE-100 shares index gained 1.23 percent or 558.81 points to close at 45,837.35 points at Pakistan Stock Exchange (PSX), …

    Source: The News International - Uncategorized
  • Published on Mar 6, 2021

    Banks profit hits Rs231bln despite soft policy rate

    KARACHI: PSX-listed banks posted a 33 percent growth in profitability to Rs231 billion during the last year as growth in net interest income offset the impact of lower policy rates, according to brokerage analyses. This was driven by earlier re-pricing of …

    Source: The News International - Uncategorized
  • Published on Feb 18, 2021

    Covid vaccine: Pakistan lab expects...

    A Pakistani lab will soon receive Russia’s Sputnik V Covid-19 vaccine for commercial sale, a company official said on Sunday, making Pakistan one of the first countries to market shots privately as it scrambles to secure supplies. Despite concerns over …

    Source: Khaleej Times - Uncategorized
  • Published on Mar 5, 2021

    Stocks topple on PTI's senate poll debacle

    Stocks caved in on Thursday after the government suffered a political fiasco in Senate elections, while a spike in rates on Pakistan Investment Bonds also wounded the sentiment, dealers said. Pakistan stock exchange (PSX) KSE-100 shares index shed 1.91 …

    Source: The News International - Uncategorized
  • Published on Mar 4, 2021

    Stocks make lukewarm gains in noncommittal trade

    Stocks walked a tightrope on Wednesday as investors watched the Senate polls with bated breath; however, fresh interest in cyclical, auto, and power kept the index ticking, dealers said. KSE-100 Shares Index gained 0.43 percent or 196.51 points to close at …

    Source: The News International - Uncategorized
  • Published on Mar 4, 2021

    Samba Bank raises Rs5 billion via TFCs

    KARACHI: Samba Bank Limited has received Rs5 billion through term finance certificates (TFCs) to meet its tier-2 capital requirements, it said. “We are pleased to inform you that the bank has received Rs5 billion in its designated account for receipt of …

    Source: The News International - Uncategorized
  • Published on Mar 3, 2021

    Over 100 Exchanges Worldwide 'Ring The Bell For Gender Equality In 2021’ With Women In ETFs And Five Partner ...

    For the seventh consecutive year, a global collaboration across over 100 exchanges around the world plan to hold a bell ringing event to celebrate International Women’s Day 2021 (8 March 2020).  The events - which start on Monday 1 March, and will last for …

    Source: Mondovisione - Neutral
  • Published on Mar 3, 2021

    PSX signs deal with NIFT to launch E-IPO System

    KARACHI: Pakistan Stock Exchange (PSX) and National Institutional Facilitation Technologies (NIFT) on Tuesday signed an agreement to collaborate in the development of a new payment and registration system for the capital market. It would be an important …

    Source: The News International - Uncategorized
  • Published on Mar 3, 2021

    Stocks vault on tame CPI, easing political noise

    Stocks on Tuesday hooked onto a global rally, with gains pouring in from all sides, mostly because of tame inflation numbers and easing uncertainties over Senate elections, dealers said. Pakistan stock exchange’s (PSX) KSE-100 shares index gained 0.81 …

    Source: The News International - Uncategorized
  • Published on Mar 3, 2021

    Shell posts Rs4.82bn loss

    KARACHI: Shell Pakistan Ltd on Tuesday reported a loss after tax of Rs4.82 billion and loss per share at Rs45.05 compared to loss of Rs1.49bn and loss per share at Rs13.88 incurred in 2019. The company stated in a press statement that the second half of …

    Source: Dawn - Neutral
  • Published on Mar 3, 2021

    CORRECTED: UN Global Compact joins partners to ring the bell for gender equality at more than 100 stock exchanges

    New York, NY, March 02, 2021 (GLOBE NEWSWIRE) -- CORRECTION: In the original version of this announcement issued earlier today, the locations of a number of stock exchanges were incorrectly listed. Please find an updated and corrected list of participating …

    Distribution channels: Media, Advertising & PR ...
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