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Cement Dispatches surged by 29.9% YoY in June 2020
The fiscal year 2019-20 ended on a positive note as the Cement dispatches expanded by 29.94% in June 2020 to 4.623 Mn tons from...
business
stock market
Corporate Result: ISL profitability declined by 72% in 3rd Quarter
International Steel Limited (ISL) has announced the financial results for nine months ended March 31, 2020, whereby it has reported Profit After Tax of...
Politics
National Assembly Approves Tax Amnesty 2018
As per most recent news reports, the National Assembly has endorsed the Tax Amnesty 2018 on May 18th 2018. Executive Shahid Khaqan Abbasi and...
Imports decline and the Exports grew
The policy measures taken by the government has declined the imports of the company as the cost of doing business has drastically increased.
However, the...
Market Wrap: KSE – 100 Index closed slightly positive
The benchmark KSE - 100 Index closed slightly positive and gained 11 points (0.03% Up) to settle at 43,218 level with the volume of...
Oil Prices Rise on no change in OPEC+ Policy till June
Oil prices gained momentum on Monday in Asia following the announcement of the Saudi oil minister that there will be no OPEC+ output policy...
PSX Falls amid Economic Chaos: Lost 894 points
The benchmark KSE - 100 Index further degraded to 914 points on an intraday basis and is currently trading to 33,076 level. Selling pressure...
Economy
HCAR increased prices to reflect negative exchange rates
In a recent notification of Honda Atlas Cars (HCAR), it has announced to increase the car prices with effect from 24th June, 2019. The...
Avanceon awarded a contract for establishing ICSS in the Middle East
In a latest notification to the Pakistan Stock Exchange, Avanceon F.Z.E wholly owned subsidiary of Avanceon Limited has been awarded a contract worth approx....
Corporate Result: SEARL profit declined by 24% in 3rd Quarter
The Searle Company Ltd (PSX:SEARL) is principally engaged in the manufacture of pharmaceutical products and other consumer products.
The company has announced the result for...
Corporate Result: TRG’s net losses increased by 45%
TRG Pakistan Limited (PSX: TRG) has unveiled its financial results for the Nine Months ended March 31, 2020, as per results, the company has...
The IMF to negotiate terms on bailout package
The International Monetary Funds wants to recommence the proposed bailout package. The IMF delegates are expected to touch base this week in Islamabad to...
Equity
Amreli Steels Clarification on Import of un-serviceable Auto parts
Amreli Steels has issued an explanation on the ongoing import of Heavy Meltable Scrap (HMS) consignment which contained a high level of unserviceable scrap...
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Fauji Foods Ltd - Overview
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Urea and DAP Dispatch number
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Asad Umar presents Mini-budget in the National Assembly
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Investing vs Trading
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Simple Steps for Investing in market
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Stock Market Index
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