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British Minister for Asia-Pacific Alok Sharma concludes 2-day visit to Pakistan

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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.”

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(TEXT AND VIDEO) 2-day Pakistan Property Show commences in Dubai on 20th October

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EXCLUSIVE REPORT BY SANIA JAMALI IN DUBAI

DUBAI: World Trade Center’s Za’abeel Hall 5 here is the venue where 2-day Pakistan Property Show commenced today.

The event (that has been organized by Zameen.com, in association with EarthLink, Abad and others,) is meant to make Pakistan’s real estate visible globally attracting premium investment.

Overseas Pakistanis from UAE, Saudi Arabia, Oman, Kuwait, Qatar and Bahrain are taking keen interest in the expo.

Talking to Newspakistan.tv the organizers held that Pakistan Property Show 2017 would help strengthen the national exchequer by attracting medium to long-term direct investment.

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PSX: Subdued political noise allows bourse close green on week’s last session!

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SANA MAHMOOD

KARACHI: Bourse blossomed on week’s last trading day when subdued political noise, among other reasons, let Benchmark KSE-100 Index close at 42,088 with an augmentation of 520 points.

Rs. 13b worth of 261m shares changed hands today. Value of the shares of 246 companies augmented, 101 plummeted while 17 remained stagnant.

Engineering, Chemical and Textile Sectors led the trading today with 29m, 25m and 23.5m shares respectively.

Today’s trade of shares was led by: Engro Polymer, 20.7m shares (+2.81pc); Azgard Nine, 17.6m shares (+7.79pc); TRG Pak Ltd., 15.9m shares (+4.81pc); Aisha Steel Mills 2.93m shares (+14.6pc); Dost Steels Ltd., 1.50m shares (+14.1pc).

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PSX: Bourse hails the return of bulls as market blossoms with investors’ +ve sentiments!

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SANA MAHMOOD

KARACHI: Attractive prices, higher import duties & indictment of Sharifs by NAB court shooed the bears out of the bourse on week’s second last trading session here.  

Investors happily bought stocks letting KSE-100 Index close at 41,228 with an augmentation of 825 points.

Rs. 11.5b worth of 232m shares changed hands today. Value of the shares of 272 companies augmented, 71 plummeted while 13 remained stagnant.   

Cement, Fertilizer and Oil Exploration/Production Sectors led the trading today.  Number of shares traded in Power Sector was 31.72m and in Engineering Sector it was 31.68m.

Today’s top five traders of shares were: K-Electric Ltd., 29.7m shares (-0.16pc); Engro Polymer, 19.0m shares (+4.81pc); Dost Steels Ltd., 14.2m shares (+8.11pc); TRG Pak Ltd., 11.3m shares (+4.99pc);Engro Fertilizers, 10.8m shares (+4.62pc).

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