Web Desk
Karachi, August 05, 2022 (PPI-OT): Monthly Inflation Review – July-22: Inflation Tops to a multi-year of +24.9%; More Pain on the Horizon For the month of Jul-22, monthly inflation tops a 14yr high to 24.9%y. On a monthly basis, index grew by +4.34%m. For urban and rural price indices posted a growth of +23.6%y and…
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Karachi, August 05, 2022 (PPI-OT): Weekly Review Bulls finally returned to the local market as the looming threat of a potential default on foreign debt eased off as a couple of friendly countries stepped forward to bail out Pakistan from the crisis situation. The monthly external trade numbers were also announced this past week where…
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Karachi, August 05, 2022 (PPI-OT): KSE-100 – Hovering near 50-SMA The index opened with a positive bias and remained in the positive trajectory throughout the last trading session. The local bourse posted an intraday high of 562pts and concluded with a gain of (Upward) 357pts to settle at 41,425pts. The volumes clocked in the last…
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Karachi, August 05, 2022 (PPI-OT):Fintech Express Program from Faysal Bank is focused on identifying and fostering Fintechs and Startups with promising, high-potential innovative technologies from Mastercard that accelerate and facilitate the entire digital payment journey for Fintechs. Through this collaboration Faysal Bank and SimpliFi will be able to move ahead in the mission of expanding…
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Karachi, August 05, 2022 (PPI-OT):Pakistan Stock Exchange (PSX) held a Gong Ceremony to formally welcome the Federal Minister for Finance and Revenue, Dr. Miftah Ismail, to PSX. The gong was struck by the Minister to open the trading day amidst the presence of Chairperson PSX, Dr. Shamshad Akhtar; Chairman SECP, Mr. Aamir Khan; MD and…
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Karachi, August 05, 2022 (PPI-OT):Samsung’s BioActive chip has quietly given its smartwatch more sensors and better battery life than the market leading Apple Watch. That will be a surprise to some, since Apple has been a pioneer in putting advanced health tech on the wrist with breakthroughs like the first FDA-approved EKG sensor on a…
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Islamabad, August 05, 2022 (PPI-OT):Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL), and CBA, a leading digital distribution platform working to promote micro-entrepreneurship in Pakistan, have joined hands to increase peoples’ access to premium digital financial services across the nation. This partnership will strengthen access to financial products and services through digital platforms and…
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