The benchmark index opened at 46,008.85 points & recorded at 45,239.87 points @ 14:29 PM.
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PSX
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InternationalLatest Updates
MSCI to downgrade PSX from Emerging Markets to Frontier Markets
by Umar Sohailby Umar SohailThe MSCI will reclassify the MSCI Pakistan Indexes in one step, coinciding with the Nov 2021 Semi-Annual Index Review. As an immediate reaction, local and foreign investors may resort to …
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EntertainmentLatest Updates
Despite COVID-19 HUM Network Earns Rs3.6 Billion in 2020
by Umar Sohailby Umar SohailSeveral TV Series, Dramas, and Shows of HUM Network became popular in Pakistan and abroad.
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EconomyLatest Updates
Boom in Real Estate appears on the Cards in Pakistan
by Umar Sohailby Umar SohailCurrent account surplus, record remittances, Rs70 billion home-loans and amnesty to investment in real estate are set to bolster growth in demand and value of property in 2021.
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EconomyLatest Updates
Forbes Appreciates Pakistan’s success in reviving economy During Covid
by Umar Sohailby Umar SohailUS magazine lauds govt’s efforts saying even US and India faced difficulties in dealing with the pandemic
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EconomyLatest Updates
Vaccine injection in Economic Indicators injects Stock Upswing: PSX breaks previous record of new daily traded volume Asad Umar
by Hamza Irshadby Hamza IrshadPSX ended on a positive note on Wednesday, the benchmark KSE-100 index gained 511 points, or 1.11%, by the close of the trading session to reach 46,812.
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EconomyLatest Updates
Karachi Stock Market is Our Family Bijjness (Business): Club of 31 families dominate PSX
by Hamza Irshadby Hamza IrshadThe ownership of KSE-100 can be traced to 374 entities, but actually the market is influenced by 31 families.
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EconomyLatest Updates
The Country’s Largest bank “HBL” As Market Maker – PSX Holds A Gong Ceremony for Its Onboarding
by Hamza Irshadby Hamza IrshadThis arrangement allows investors to buy and sell debt securities with HBL willing to act as a buyer and/or seller.
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EconomyLatest Updates
Its Not 1.5%, Its 3%: SBP Optimistic on Better growth in FY21
by Hamza Irshadby Hamza IrshadKARACHI: Unlike IMF & World Bank’s Pakistan growth forecast below 2%, Pakistan’s central bank has expressed confidence that the country’s economy would grow by 3% during the current fiscal year …
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InternationalLatest UpdatesNational
Now Chinese To Eat Pakistan’s Meat; They Eat Everything: Pak Allowed to Export Meat To China
by Hamza Irshadby Hamza IrshadChina is Pakistan’s one of the best friends. Do not fear Chinese especially when one gets approval to export anything to China especially in eatables.