Size of mutual funds industry stood at Rs482bn on March 31 down by Rs15bn, or 3pc, from Rs497bn the earlier month.
The govt is all set to sell its 41.5pc or 609.3m residual shares in the bank to local institutional and foreign buyers.
After recent cut in policy rate by 50 basis points, rates that were already on slide further trimmed by 48 to 72bps.
The Pakistani stocks’ mouth-watering returns between 2012-2014 attracted droves of investors to the capital market.
A new article 61 to be added relates to board meetings through tele/videoconferencing.
Engro Fertilisers’ CEO says in order to protect margins against any unforeseen disruption in the gas supply situation,
Representatives of mutual funds should not hold the position of directorship on a company’s board — investment analyst
There is wisdom in the old adage ‘stock market is a barometer of the economy’, though how well the barometer...
As brokers tried to calm down the market, the index recovered a little from the intraday crash of over 1,000 points.
The PTCL — once the sole provider of fixed line services — has paid-up capital of Rs51bn.
SECP called on 10 to 15 brokerage houses last fortnight to enforce the ‘Net Capital Balance’ regulation.
Many corporates with stellar growth in earnings and the eagerness to free their balance sheets of debts are pre-paying
A Letter of Credit amounting to $23.6m for the 30MW coal-based captive power project at the DGKC site...
Nawaz Sharif will present awards to the chairman/CEOs of 25 companies judged as the ‘Top companies for the year 2013’.
The initial impression that the PML-N government would put on the auction block ‘big ticket’ companies is fading away.
KARACHI: Like their peers in the West, the Pakistan economists believe that the honeymoon with low international oil...
“The investment [in the food business] is in line with the company’s aspiration to advance its growth in...
KARACHI: More than two-and-a-half years since demutualisation of the Karachi Stock Exchange, the bourse is still in...
“These windfalls would translate into a much needed decline in the cost of doing business,” says Kamran Y. Mirza
The finance minister also announced government decision to reduce export refinance rate from 7.5 to 6pc from Feb 1.