Four directors of the foreign consortium continue to be on the board, though their presence is scarcely felt outside.
"We may miss deadlines for export orders, which can result in the loss of foreign markets," say traders.
PRL ended the year with net negative cash and cash equivalents of Rs10.2bn
Market players don’t expect an overwhelming response from overseas Pakistanis to the Roshan Digital Account scheme.
Family-controlled companies relinquish their holdings in friendly buyouts as familial bonds weaken over decades.
Stockholders expect the revival of economic activity as revenue collection increases, car sales grow and cement despatches rise.
Sponsors don’t want employees to climb up the corporate ladder by exercising stock options and accumulating shares from the market
Both the Companies Act and the Code of Corporate Governance are silent when it comes to the whistle-blower
The buying spree has continued for 11 consecutive sessions, providing cumulative gains of 7.4pc.
Institutions would take advantage of the arbitrage by moving funds between Pakistan Investment Bonds and National Savings Schemes
The market closed at its usual time with the KSE-100 index recording gains of 242 points.
Shares provided a wafer-thin return of 0.1pc, with the KSE-100 index crawling to 33,939 points on June 26...
IF the Economic Survey for 2019-20 released on June 11 painted a bleak picture of the stock market, the federal...
While the Federal Minister Hamad Azhar termed it a ‘relief budget’, investors graded the budget between “a status-quo” and “disappointing”.
The Pakistan Economic Survey points out that Covid-19 was damaging.
Successive governments have been quick to levy new taxes on individual and corporate income every time a catastrophe hit the country
Companies have the option to either scale down their production or seek a similar business entity to join forces.
Many sectors have seen heavy plunges in their earnings.
Pakistan has managed to stay on the MSCI EM Index with all three scrips retained in the latest review.
The apex regulator should have stood up to uphold the rights of the banks’ shareholders, says former SECP chairman.