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PSX receives only 3 IPOs despite huge gains in 2016
By ARSHAD HUSSAIN
Pakistan Stock Exchange (PSX) witnessed only 3 initial public offerings (IPOs) during 2016, raising Rs 4.2 billion. This is significantly lower than...
Too little, too late
Classified ads were providing a fairly substantial and a steadily growing revenue stream to Pakistan's two leading newspapers, Jang and Dawn. Other newspaper groups,...
Why go to ‘Double Shahs’?
Almost a decade ago a conman by the name of Sibtul Hasan Shah ran an infamous Ponzi scheme offering people to double their money,...
Closing positive: Bourse reaches new high
Despite threats from various fronts, the benchmark KSE-100 share index displayed a buoyant trend during the outgoing week. The bourse touched new heights and...
Discount, thy name is Black Friday
A 22-year-old bride-to-be and a student of management sciences, Samra Ejaz bought a cellphone, a microwave and an LED TV from the year’s biggest...
Promote brands to monetize Twitter in months: Who Wants to be a Lacpati?
Scrolling through his smartphone, Sabir Shah, a young Twitterati, chuckles quietly as he goes through his Twitter feed, all the while mindlessly tapping on...
Is it the beginning of the end for S. Abdul Khaliq’s 400-year-old legacy?
Imagine it is the 1550s; Mughal Emperor Humayun is sitting in his courtyard with all his nobles and elite present. The King orders his...
Market trumps volatility to breach all time closing high
Despite multiple moments of intra-week weakness engendered by the United States presidential elections, the benchmark KSE-100 share index remained successful in triggering a volatile...
Weekly review: Index witnesses one of its most robust weeks in recent history
The Benchmark KSE-100-Share Index witnessed a historic week with spirited investor interest as political tension wear off during the first two days. The tug...
Stock market records highest ever day-gain after federal capital’s lock-down called off
Karachi
Pakistan’s stock market made a resounding comeback to record highest-ever day-gain in its history following Imran Khan's announcement to call off his Dharna (protest), which...
Falling Walls Lab FCCU Lahore 2016 makes history
Awais Shafique misses his IELTS exam, travels to Lahore and wins a ticket to Berlin
Awais Shafique from NUST Islamabad emerged as the first place...
Bank of Punjab is back in the game
GOP promises more funds on top of Rs17 billion already deposited
The Bank of Punjab (BOP) has shown a phenomenal recovery in the past few...
Market reluctant to stage a comeback, resistance around 40,000 points
After maintaining a volatile trend throughout the day, the Benchmark KSE-100-Share Index closed at 39,991.79 points on Tuesday, down0.08 per cent from the previous...
MoU inked between SECP & COPHC
The Securities and Exchange Commission of Pakistan (SECP) has signed an Memorandum of Understanding (MOU) with the China Overseas Ports Holding Company Pakistan (Private)...
MCB all set to acquire NIB Bank
MCB Bank has completed the due diligence for acquiring NIB Bank Limited. The acquisition is being made in order to scale-up operations and expand...