Staff Report

Headlines

PSX continued to rally for the fourth consecutive trading session as the market closed at 43,703 index points, up 434 points on Tuesday.

Headlines

Hassan Baig, Senior Joint Secretary and Additional Secretary BS-21 assumed the charge of Civil Aviation Authority (CAA) Director-General in addition to his own duties in the Aviation Division.

Headlines

Under the agreement, JazzCash has become the official branchless banking partner for NBP’s ongoing collaboration with Excise and Taxation Department, Government of Balochistan.

Headlines

PG Association of Pakistan Chairman Farooq Iftikhar said that local LPG industry is already struggling because of massive import of LPG, smuggling at vast scale and unbalanced policies while recent increase in LPG prices will further aggravate the situation.

Economy

Technically speaking, the KSE 100 index staged a dull session and closed just shy of 20EMA (42,979). Next major resistance is previous week’s high (43,060).

Headlines

In a press release issued on Thursday ICPL confirmed that it has acquired the brand, MonSalwa

Headlines

Faysal Bank revealed its intention to acquire up to 19.99 per cent share, equivalent to 2,998,000 shares at Rs30 per share of Faysal Asset Management Limited

Headlines

The total cost of the three projects is estimated at Rs101.1 million with Rs54 million in Saudi Arabia, Rs30.4 million in Qatar and Rs16.7 million in Karachi