ISLAMABAD: Dr. Abdul Hafeez Shaikh, advisor to the Prime Minister on Finance and Revenue, chaired a meeting on Monday the impact of the ongoing corona virus epidemic on the economy and the strategy to achieve the targets with maximum success. The meeting was held at the Finance Division to review the progress being made by […]
KARACHI: The stock market ran into bear market on Monday after slipping another 2,376 points and witnessed forth lower lock since last week. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 33,685 points as against 36,061 points showing a decline of 2,376 points. Analysts at Arif Habib Limited said that the index […]
KARACHI: The Pak Rupee gained 57 paisas against dollar on Monday owing to falling oil prices in international markets. The rupee closed at Rs158.41 to the dollar from last Friday’s closing of Rs158.98 in interbank foreign exchange market. Currency dealers said that the international oil prices were falling constantly due to ease in demand on […]
KARACHI: National Clearing Company of Pakistan (NCCPL) has allowed stock investors to access the company remotely in the wake of spread of coronavirus epidemic. A notification issued on Monday said as part of this endeavor, NCCPL’s is providing an option to all its clients to connect remotely from any location in Pakistan to avail and […]
KARACHI: The trading activities at Pakistan Stock Exchange (PSX) have been halted after indices fell below five percent. Experts said that the detection of new coronavirus cases in the country negatively impacted the stock market. While the expansion of this epidemic in the world especially the number of deaths increased substantially also discouraged the investors. […]