Web Desk
Karachi, December 23, 2022 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of December 23, 2022 INDICES COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHR KMI-30 BATI OGTI PSX-KMI POSITION INDEX INDEX INDEX INDEX INDEX INDEX INDEX INDEX Plus 104 Current 14600.58 39669.20 26796.02 66824.56 9207.35 10195.54 19256.14 Minus 189 Previous 14683.24 39838.33 26952.04 67003.64 9270.99 10097.63 19394.01…
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Karachi, December 23, 2022 (PPI-OT): The political turmoil in the country, along with the continuation of the currency crisis, have led to weakness in the market during the week. To note, the KSE-100 index settled at 39,669pts at the end of the week, down by 1,632pts or 4% over the week, with the index dipping…
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Karachi, December 23, 2022 (PPI-OT): Bloodbath at KSE-100 amid political uncertainty KSE100 Index: Week Open: 41,301.48 Close 39,669.20 ↓ (1,632.28) Bears stormed the local bourse during the week closing in at 39,669 points, down 4% WoW. The index plunged by more than 1,958 points during the first three sessions. The market was under a lot…
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Karachi, December 23, 2022 (PPI-OT): Pakistan Economy: Economy vitals—situation far from comfortable As per “The state of economy report—2021-22” released by the central bank recently, the country’s economic growth is expected to moderate considerably in FY23. Having delivered a headline growth approaching 6% in FY22, the country is expected to even miss the revised growth…
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Lahore, December 23, 2022 (PPI-OT):Descon won summer of safety (Heat Stress) award for the year 2022 at Q-Chem Furnace 6 project as team has contributed well to completing one more year without any heat stress related incident at Q-Chem. Though Descon has achieved more than 2 million man-hours throughout the project, the team managed well…
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Dubai, December 23, 2022 (PPI-OT):On a glittering night studded with industry stars, Emirates Flight Training Academy (EFTA) won the much-coveted Aviation Training Provider of the Year Award at the Aviation Business Middle East Awards 2022. The award recognises the achievements of a leading training provider or an aviation training academy offering flagship courses to develop…
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Karachi, December 23, 2022 (PPI-OT):Businessmen of the country, while appreciating the energy conservation policy, have suggested to the government to switch over to daylight saving time (DST) by advancing the clock by one hour, which will help to utilise daylight and make savings in energy import. Pakistan Businesses Forum (PBF) has welcomed the federal government’s…
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