EDITED BY M. M. ALAM
KARACHI: Alok Sharma, British Parliamentary Under Secretary of State for the Foreign and Commonwealth Office Minister for Asia and the Pacific has concluded his two-day visit to Pakistan.
During his stay in this Metropolis and the Capital, Minister met a number of high-ranking government officials and leading entrepreneurs in order to figure out ways to augment the volume of bi-lateral trade.
Alok Sharma also visited a number of British businesses, including GlaxoSmithKline, Standard Chartered Bank, retailer Team A Ventures, TCS Courier Service and members of the Pakistan Business Council to discuss how the UK Government can help improve trade possibilities between the two countries. He also met the Governor State Bank of Pakistan.
KARACHI: Alok Sharma snapped meeting the Chief Minister of Sindh Murad Ali Shah.KARACHI: British Minister visited Pakistan Stock Exchange where he rang the bell to close the day’s trading.
In Islamabad, British Parliamentary Under Secretary of State held talks with Adviser Foreign Affairs Sartaj Aziz, Commerce Minister Khurram Dastgir Khan and Minister for Planning Ahsan Iqbal.
He also held talks with the Chairman of the Parliamentary Committee on China Pakistan Economic Corridor Mushahid Hussain Syed and with Barrister Zafarullah Khan and the Human Rights Minister Kamran Michael on human rights.
It is pertinent to mention here that British Parliamentary Under Secretary of State Sharma’s two-day Karachi/Islamabad sojourn builds on the Foreign Secretary’s visit to Pakistan last November where he urged greater trade cooperation: “As we approach the 70th Anniversary of Pakistan’s independence, I am delighted to have experienced first-hand the old friendship the UK shares with Pakistan. With our historic ties and strong economies the potential for our two countries to do business together is immense. I held productive talks with senior members of the Government and business leaders and discussed how we can collectively do more to unlock these exciting opportunities and increase bilateral trade and investment.”
PSX: Rupee’s depreciation lets bulls stay in the bourse on week’s 3rd trading day!
KARACHI: Specter of rising dollar helped KSE-100 Index close in the green (44,646 points) on the week’s third trading day with an augmentation of 0.76%.
Rs.9.11 billion worth of 207.1m shares were traded. Today’s top five traders of shares were Lotte Chemical, 16.49m shares (+2.78pc); TRG Pak,14.84m shares (+4.10pc); Sui Southern Gas, 13.4m shares (+3.64pc); Unity Foods, 9.54m shares (+0.85pc); Nimir Resins: 9.48m shares (+2.31pc).
PSX: Bulls reign the bourse due to augmenting dollar rates!
KARACHI: KSE-100 Index closed in the green (44,310) with an increase of 770 points as the dollar rates augmented overnight.
Rs. 10.98b worth of 220m shares were traded today. Value of the shares of 209 shares augmented, 147 plummeted while 18 remained stagnant.
Chemicals, Banks, Technology and Cement shares led the trade today with 38m, 25.3m, 20.5m and 18.5m shares respectively.
Today’s top five traders of shares were: Nimir Resins, 15.2m shares (+5.22pc); TRG Pak, 13.4m shares (+3.98pc); Lotte Chemical, 13.2m shares (-2.51pc); Unity Foods, 10.5m shares (+2.55pc); Aisha Steel, 9.7m shares (+3.11pc).
PSX: Bulls enter the bourse on week’s first trading day!
KARACHI: KSE-100 Index closed in the green (43,540) on the week’s first trading day with an augmentation of 176 points.
Rs. 5.3b worth of 116m shares changed hands today. Value of the shares of 182 companies augmented, 180 plummeted while 15 remained stagnant.
Top five traders of shares today were: Lotte Chemical, 20.1m shares (+3.40pc); Nimir Resins, 9.5m shares (+9.57pc); Fauji Foods Ltd., 6.0m shares traded [+3.48pc]; Faysal Bank: 4.4m shares (-0.82pc); TRG Pak Ltd., 4.4m shares (+2.11pc).