Daily Archives: August 2, 2017

JS Securities Limited – Pakistan Market: Technical Outlook

Karachi, August 02, 2017 (PPI-OT): Consolidation to continue; ‘Sell on Strength’ maintained

The KSE-100 index closed the session at 46,533, up 523 points. Volumes stood at 256mn shares as compared to 319mn shares traded previously. …

IGI Securities Limited – Investor Kit

Karachi, August 02, 2017 (PPI-OT): Top News

The government has increased the general sales tax (GST) rate on high-speed diesel (HSD) and petrol to 40 per cent and 23.5pc, respectively. The move aims to generate …

Taurus Securities Limited – Market Roundup

Karachi, August 02, 2017 (PPI-OT): KSE-100 index gained 523 points yesterday, to close at 46,533 with 256mn shares being traded. Top performance as per index points was witnessed in ENGRO, SNGP and PSO; top decliners …

Islamabad Chamber of Commerce and Industry welcomes Prime Minister’s plan to widen tax net for improving tax revenue

Islamabad, August 02, 2017 (PPI-OT): The Islamabad Chamber of Commerce and Industry has welcomed the announcement of newly elected Prime Minister Shahid Khaqan Abbasi to widen the tax base of the country by bringing every …

Securities and Exchange Commission of Pakistan grants relaxation for payment of cash dividend through electronic mode by listed companies

Islamabad, August 02, 2017 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has granted a one-time relaxation to all listed companies from the requirement of payment of cash dividend through electronic mode directly into …

AlHuda Centre of Islamic Banking and Economics signed deal with MIHE-UK to promote Islamic Banking Education Globally

Lahore, August 02, 2017 (PPI-OT): AlHuda Centre of Islamic Banking and Economics (CIBE) has entered into a Memorandum of Understanding (MOU) with The Markfield Institute of Higher Education (MIHE), based in the United kingdom. According …