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Shabbir Kazmi

Trend to watch in global oil trade in 2020

Trend to watch in global oil trade in 2020

The year 2019 witnessed a mix of some predictable events—such as Organization of Petroleum Exporting Countries (OPEC) and Russia extending their cooperation pact, but a few unpredictable i.e. attacks on Saudi oil facilities and ships carrying oil. Many of the …

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Stock Review

Stock Review

Volatility witnessed; imf tranche, fatf talks may shape market direction Pakistan Stock Exchange (PSX) witnessed volatility during the week ended 27th December 2019 and closed flattish at 40,849 points. The market opened on a weak note due to increased political …

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Revival of tourism activities in Pakistan

Revival of tourism activities in Pakistan

Reportedly, tourism has grown faster than the global economy for the eighth consecutive year. It is estimated that more than a billion people travel internationally, with around half of these journeys destined to developing countries. Pakistan is uniquely placed to …

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Divided Kuala Lumpur summit

Divided Kuala Lumpur summit

Contrary to the expectations of many Pakistanis, Prime Minister Imran Khan opted not to attend Kuala Lumpur Summit. The overwhelming perception is that the Prime Minister Imran Khan decided to stay away from the Summit under the pressure of Saudi …

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Stock Review

Stock Review

Profit-taking, political news killjoy positivism, sentiments may stay weak After closing positively for seven consecutive weeks, the benchmark index of Pakistan Stock Exchange (PSX) closed in red due to political pressures for the week ended 20th December 2019. The market …

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Bleaker outlook for Pakistani oil refineries

Bleaker outlook for Pakistani oil refineries

According to media reports, tougher rules on sulphur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades. International Maritime Organization (IMO) will ban ships from using fuels with …

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Stock Review

Stock Review

Index remains up for 7th consecutive week, likely to resistance levels During the week ended on 13th December 2019, the benchmark Index of Pakistan Stock Exchange (PSX) closed positively for a 7th consecutive week, gaining 184 points WoW or 0.5%, …

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