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Wednesday, June 19, 2019

Rana Muhammad Afzal Khan takes Oath of MoS for Finance

Rana Muhammad Afzal Khan takes Oath of MoS for Finance The President of Pakistan, on the advice of the Prime Minister appointed Rana Muhammad Afzal Khan, MNA as the Minister...

S&P: RATINGS ON PAKISTAN AFFIRMED AT ‘B-/B’ WITH STABLE OUTLOOK – RTRS

S&P: RATINGS ON PAKISTAN AFFIRMED AT 'B-/B' WITH STABLE OUTLOOK - RTRS We believe the Pakistan government's reform efforts and IMF lending program will help contain external liquidity risks and...

Top Brokerage houses view Status Quo for Interest Rates in Monetary Policy: Survey Report...

Top Brokerage houses view Status Quo for Interest Rate in Monetary Policy: Survey Report IFM   Although the May’13 CPI number suggests real interest rates of +ve 4%, we think the...

WHT imposed on Prism Transactions

The Federal Board of Revenue (FBR) has imposed withholding tax on "Pakistan Real-time Interbank Settlement Mechanism (Prism) transactions at banks under section 236P of the Income Tax Ordinance 2001. To...

KSE plummet as Nawaz vows to put Musharraf on trial

KSE plummet as Nawaz vows to put Musharraf on trial KARACHI: Pakistani stocks dipped sharply on Monday as Prime Minister Nawaz Sharif told parliament of his cabinet’s plans to initiate...
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Govt. to rescue Pakistan’s MSCI Emerging Market Status

Govt. to rescue Pakistan’s MSCI Emerging Market Status A dedicated fund is under deliberation to support investor confidence MSCI Downgrade will be a dent...

Tracking change in consensus earnings estimate reveals 7% downgrade – Majid Munir

Tracking change in consensus earnings estimate reveals 7% downgrade in FY19 estimates, over the course of the past one year, for 37 of the...

Has the economic slowdown been factored into KSE100 – Majid Munir

The combination of CAD, fiscal deficit, depreciating PKR, rising inflation, and high interest rates will lead to demand contraction, margin compression due to higher...