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This Week

Progress in tax collection system

Progress in tax collection system

Economic managers identified that tax revenues are the most efficient and effective way to increase country’s local resource mobilization and under the attempts the state increases its income to meet compulsory public expenditures. They also mention that it supports the …

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World Stock Markets

World Stock Markets updates

US stocks tumble on trade war fears Wall Street tumbled on Friday with more than 1,000 points knocked off the Dow in two days as investors, increasingly nervous about a potential US trade war with China, shied away from risk …

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Stock market at a glance

Stock market at a glance

Market Review The benchmark index remained bullish during the week after currency devaluation of 5%, increasing 1,516pts to close at 45,030pts, a rise of 3%WoW. The recent PKR depreciation was well received, mainly by the local participants as witnessed by …

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Stock Watch

Stock Watch

Sudden & sharp depreciation of rupee push index above 45,000 points Summary In the open market dollar was selling Rs.111.80 on Monday. The rate suddenly jumped to around Rs.115.50 on Tuesday. The rise depict almost 4% rupee depreciation against the …

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Stock Review

Stock Review

Market springs back, fresh foreign flows can induce another short term rally The benchmark index of Pakistan Stock Exchange (PSX) for the week ended 22nd March 2018, posted an increase of 3.84%YoY to close the short trading week at 45,030 …

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