Staff Report

Headlines

The KSE-100 index touched intraday high of 42,993.18 after gaining 184.52 points. Soon it rebounded and touched intraday low of 42,705.04 in the second half of the session

Economy

Overall, the KSE-100 fell to day’s low of 42,453.88 with the loss of 57.17 points in early trade. It later added 349.27 points and touched intraday high of 42,854.32.

Economy

State Bank of Pakistan’s (SBP) annual publication Financial Stability Review (FSR) suggests that the level of overall risks to financial stability, as measured by Financial Vulnerability Index, has bottomed out in the calendar year 2017.

Headlines

With an increase in minimum wages and energy costs over the years, especially in Iran and China, it does not make sense how the Import Tariff Prices (ITPs) of these tiles can be this low,” All Pakistan Ceramic and Tiles Manufacturers’ Association (APCTMA) spokesperson said.

Economy

During the week, foreigners remained net sellers to the tune of $14.6 million as against net selling of $0.4 million seen during the same period last week.

Economy

Despite the disruption caused by the General Elections, the sector posted 5.10 per cent growth in July.