Daily Archives: May 16, 2017

JS Securities Limited – Pakistan Market: Technical Outlook

Karachi, May 16, 2017 (PPI-OT): KSE-100; Extension towards 53,240 and 53,933 likely

Another positive session for the KSE-100 index was witnessed as it closed at 52,388, up 637 points. Volumes stood high at 353mn shares …

IGI Securities Limited – Investor Kit

Karachi, May 16, 2017 (PPI-OT): Economy

After a gap of nine years, the Pakistan Stock Exchange (PSX) has been upgraded to the MSCI Emerging Markets status, opening its door to global investors that track the …

Taurus Securities Limited – Market Roundup

Karachi, May 16, 2017 (PPI-OT): KSE-100 index gained 637 points yesterday, to close at 52,388 with 353mn shares being traded. Top performance as per index points was witnessed in OGDC, MCB and PPL; top decliners …

Pakistan Yarn Merchants Association appeals to save polyester fabric industry

Karachi, May 16, 2017 (PPI-OT): Pakistan Yarn Merchants Association (PYMA), in an SOS issued to Prime Minister Nawaz Sharif, Finance Minister Ishaq Dar, Commerce Minister Engr. Khurram Dastagir Khan and Special Assistant to Prime Minister …

Netherlands fact finding mission to review improvement needs of chemical industry

Lahore, May 16, 2017 (PPI-OT): Pakistan Chemical Manufacturers’ Association (PCMA) has planned to acquire Netherland’s expertise for improvement of chemical industry in Pakistan at par with international standards. Mr. Frans Friedeman, Country Head of Netherlands’ …

Alibaba signs deal with Trade Development Authority of Pakistan to support e-Commerce development of SMEs and Financial Services

Islamabad, May 16, 2017 (PPI-OT):Alibaba Group Holding Limited (NYSE: BABA), the world’s largest online and mobile commerce company, has announced the signing of a memorandum of understanding (MoU) with the Trade Development Authority of Pakistan …