The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed with a gain of 169 points on Thursday, largely driven by increased activity in the exploration and production (E&P) sector.
(more…)Month: January 2019
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Rupee gains value against dollar
Karachi, January 10, 2019 – The Pakistani rupee experienced a modest gain of five paisas against the US dollar on Thursday, attributed to increased inflows from remittances and export receipts, as reported by dealers to PkRevenue.com.
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Profit on Debt: FBR makes mandatory for banks to provide details of account holders
Islamabad, January 10, 2019 – The Federal Board of Revenue (FBR) has issued a new mandate that compels banks to provide details of individuals receiving profits on their deposits exceeding a certain threshold.
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Cement dispatches down to 3.87 million tons in December
Karachi, January 4, 2019 – Provisional cement data for the month of December 2018 has revealed a 1 percent month-on-month (MoM) decline in cement dispatches, totaling 3.87 million tons, compared to November 2018 when it stood at 3.90 million tons.
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Rupee strengthens against dollar
The Pakistani rupee saw an upswing against the US dollar on Tuesday, as demand for imports and corporate payments surged, according to dealers in Karachi.
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