Pakistan Stock Exchange Limited Market Position on 06-12-2019

Karachi, December 06, 2019 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On DEC-06-2019 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHR KMI-30 BATi OGTi PSX-KMI POSITION INDICES INDEX INDEX INDEX INDEX INDEX INDEX INDEX Plus 185 Current 18598.68 40732.25 28863.44 64210.49 15395.98 16546.39 18907.72 Minus 185 Previous 18571.15 40641.10 28711.70 63971.34 15411.35 16321.91 18817.31 Unchanged 12 High […]

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AKD Securities Limited Equity Research – Daily Report (06-12-2019)

Karachi, December 06, 2019 (PPI-OT): PSMC: Major developments keep sentiment afloat Continuing the to-and-fro between the GoP and PSMC sponsors, the company (as expected) is reportedly proceeding with planned capacity expansions, despite receiving no incentives from the GoP. Additionally, news flow suggests the launch of an upgraded Swift is in the works, where we showcase […]

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Huawei asks court to overturn FCC order on government subsidy program

Karachi, December 06, 2019 (PPI-OT): Huawei today mounted a legal challenge to the Federal Communications Commission (FCC), seeking the court to overturn an unlawful order passed by the FCC on Nov. 22. The order bans carriers in rural America from tapping the Universal Service Fund (USF) to purchase Huawei equipment. In a petition filed in […]

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Pakistan Kiryana Merchants Association expressing deep concern over negative impact of RD and huge taxation on imports

Karachi, December 06, 2019 (PPI-OT): Haji Nadeem-ur-Rehman, Chairman, Pakistan Kiryana Merchants Association (PKMA), while expressing deep concern over negative impact of regulatory duties and huge taxation, pointed out that due to government policies, imports remained only 25%, which has led to a huge increase in smuggling, is also causing heavy financial losses for the importers. […]

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SESSI to set up helpdesk at SITE for online registration

Karachi, December 06, 2019 (PPI-OT): “SESSI will set up a Helpdesk at SITE Association of Industry to facilitate online registration of industries of SITE area on the SESSI web portal.” This was announced by the Vice Commissioner of SESSI, Mr. Asif Memon, on the occasion of presentation on “online business registration”, held at SITE Association […]

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K.K. Ahsan for promoting direct trade between Pakistan, Muscat

Karachi, December 06, 2019 (PPI-OT): Pakistan’s Ambassador-designate to Muscat K.K. Ahsan Wagan has assured that it will be his top most priority to promote direct trade and commercial relations between Pakistan and Muscat as it has been observed that most of the Pakistani products were usually landing in the Muscat’s market via Dubai. Exchanging views […]

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“Empowering Business using Blockchain” co-hosted by Systems and IBM

Karachi, December 06, 2019 (PPI-OT): Systems Limited (SYS), in collaboration with IBM, hosted “Empowering Business using Blockchain” today at Mövenpick Hotel, Karachi. The event focused on better understanding blockchain technology and the use of IBM Blockchain Hyperledger Fabric and Hyperledger Composer to address real-world business scenarios. The event began with an in-depth presentation by Ashraf […]

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