Friday, April 28, 2017

Bourse: Bear returns as Panamagate euphoria fades away!

SANA MAHMOOD KARACHI: Panamagate euphoria ended or  futures rollover week's pressure mounted, PSX trading today ended in the red and bourse closed at 49,481.70with KSE-index losing 0.69%.  Rs. 7.93

Russia wants to capture Pakistan’s gas market, proposes to lay offshore pipeline

ISLAMABAD: Russia has expressed its desire to capture Pakistan’s gas market for exporting gas by laying offshore gas pipeline in the country. The proposal came as Moscow fears losing markets in the

Post Panama Decision Bourse: KSE-100 index gains 42 points

SANA MAHMOOD KARACHI: Bourse has remained in the green since announcement of Panamagate decision. Today’s trading session too was bullish as KSE-100 index gained 42 points closing at 49,827 points. Rs.

Chinese banks helped Pakistan with $1.2bn loans: report

ISLAMABAD: According to a report by Financial Times, China ‘rescued’ Pakistan from currency crisis with $1.2bn loans. The report says, “State-backed Chinese banks have twice come to the rescue of

World Bank to finance Peshawar-Kabul highway to improve regional connectivity: Dar

WASHINGTON: Federal Finance Minister Ishaq Dar has said that the World Bank has agreed to finance construction of Peshawar-Kabul highway for improving regional connectivity. He said this after the meeting

Brokers have been defrauding PSX investors: SECP

SANA MAHMOOD ISLAMABAD: A probe will be carried out on the orders of SECP into a number of securities brokers who have deliberately been interfering with the workings of the market to defraud PSX investors. SPOOFING

Easing political noise encourages Bull to rage over the bourse!

SANA MAHMOOD KARACHI: Bullish trend was seen on the last day of the trading week at PSX when Index closed at 49,743 following Panamagate verdict that was announced on Thursday. Overall 395.82m shares

Pakistan signs 40 year agreement with China for Gwadar port operation

ISLAMABAD: Minister for Ports and Shipping Mir Hasil Khan Bizenjo has said that Pakistan has signed a forty year agreement with China for the operations of Gwadar Port. Under the agreement, China will

PSX-100 Index surges following Panama Case verdict

KARACHI: Pakistan Stock Exchange’s trading rose over 1900 points on Thursday as the Supreme Court of Pakistan announced the verdict of the Panama Case. Investors and businessmen welcome the court’s


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