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Karachi, May 12, 2020 (PPI-OT): Company Name Turnover Prv.Rate Open Rate Highest Lowest Last Rate Diff. GLASS AND CERAMICS BGL Bal.Glass 177500 4.12 4.04 4.19 4.02 4.15 0.03 GGGL GhaniGlobalGlass 170000 11.00 11.00 11.44 11.00 11.24 0.24 GHGL Ghani Glass LtdXD 41000 41.50 41.95 42.00 39.05 40.17 -1.33 GVGL Ghani Value Glas 8500 36.03 36.00…
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Karachi, May 12, 2020 (PPI-OT): Company Name Turnover Prv.Rate Open Rate Highest Lowest Last Rate Diff. COMMERCIAL BANKS ABL Allied Bank LtdXD 35000 78.16 77.50 78.00 76.90 77.00 -1.16 AKBL Askari Bank 332500 14.14 14.01 14.25 14.00 14.04 -0.10 BAFL Bank Al-Falah 929424 30.19 30.40 30.40 29.85 30.22 0.03 BAHL Bank AL-Habib 183506 55.07 55.80…
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Karachi, May 12, 2020 (PPI-OT): Company Name Turnover Prv.Rate Open Rate Highest Lowest Last Rate Diff. INSURANCE AICL Adamjee Ins.XD 257500 31.96 32.49 33.45 30.94 31.06 -0.90 ATIL Atlas Ins. LtdXD 9000 61.70 60.50 62.00 60.50 61.95 0.25 CENI Century Ins. 1000 18.00 17.00 18.00 17.00 18.00 0.00 CSIL Cres.Star Ins. 48500 1.67 1.80 1.80…
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Karachi, May 11, 2020 (PPI-OT): KSE-100; Consolidation to continue The KSE-100 index closed the session lower at 33,268, a loss of 36 points. Volumes stood at 88mn shares versus 176mn shares traded previously. The index is expected to test support at 33,041 (50-DMA) where a drop below will target the 30-DMA at 31,866. However, any…
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Islamabad, May 11, 2020 (PPI-OT): Govt likely to unveil tax-free budget for 2020-21 The Federal Board of Revenue (FBR) has drafted tax proposals for Budget 2020-21 mainly focusing on “simplification of laws and removing tax anomalies,” Dawn has learnt from knowledgeable sources.
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Islamabad, May 11, 2020 (PPI-OT): Fiscal deficit to surge, tax revenue to miss target: Hafeez The country’s fiscal deficit will surge to 9% in the ongoing fiscal year, Adviser to the Prime Minister on Finance Dr Abdul Hafeez Sheikh has said, as the economy reels from the fallout of the coronavirus crisis.
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Islamabad, May 11, 2020 (PPI-OT): PTI govt plans hedging to benefit from low oil prices The federal government has decided to pursue a plan of hedging 15 million barrels of oil to benefit from the low prices in the global market in the wake of coronavirus lockdowns after finding offshore oil storages as unfeasible because…
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