Web Desk
Karachi, July 29, 2022 (PPI-OT): EFERT: Higher tax charge leads to loss in 2QCY22 EFERT announced its 2QCY22 results yesterday, reporting a loss of Rs0.07/sh, compared to a profit of Rs 3.57/sh during the SPLY. The result was lower than street estimates mainly due to higher tax charge and exchange loss on foreign payables. Contrary…
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Karachi, July 29, 2022 (PPI-OT): KSE-100 expected to re-test the key resistance level KSE-100 index after making a high of 40,624 slid to close at 40,277, up 304 points DoD. Volumes improved to 251mn shares from 122mn shares traded previously. The index is expected to revisit yesterday’s high of 40,624 where a break above that…
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Karachi, July 29, 2022 (PPI-OT): KSE-100 gained 304 points yesterday, to close at 40,277 with 251Mn shares being traded. Top performance as per price change was witnessed in TRG, LOTCHEM and GADT. Top decliners INDU, EFERT and EPCL. Activity was mainly concentrated In Technology, Chemical and Miscellaneous.
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Islamabad, July 29, 2022 (PPI-OT):The Pakistan Economy Watch (PEW) on Friday said baseless claims about the country’s development have been made for the past thirty-four years. Weak leadership, the endless series of elitism and the blind adoption of the policies of international organizations have left the country’s economy dysfunctional, it said. This time, despite accepting…
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Karachi, July 29, 2022 (PPI-OT):Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the main reason for the high inflation at the global level is excessive currency printing by major economies. Developed countries printed a lot of…
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Islamabad, July 29, 2022 (PPI-OT):Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce and Industry (ICCI) said that the traders across the country were up in protest against the levy of fixed sales tax in electricity bills while the business community of other sectors have also shown great concerns over the imposition of many new taxes…
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تائی یوان، چین، 29 جولائی 2022 /ژنہوا- ایشیانیٹ/– کوئلہ موجودہ توانائی کی فراہمی کے لئے “بیلسٹ اسٹون” ہے۔ کوئلے کی پیداوار کی تصدیق اور نگرانی کی مشکلات کے پیش نظر کوئلے کی پیداوار کا ایک بڑا صوبہ شان شی انرجی بگ ڈیٹا سینٹر پر انحصار کرتے ہوئے بجلی کی کھپت اور کوئلے کی پیداوار کے […]
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