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This Week

Market Indicators

Market Indicators

PAKISTAN MARKET INDICATOR EXCHANGE RATES Currency activity Friday 22-Sep Thursday 28-Sep Friday 6-Oct Friday 13-Oct Friday 20-Oct Friday 28-Oct DOLLAR Buying 106.7 106.6 106.6 107.2 107.3 107.25 Selling 107 106.9 106.9 107.5 107.6 107.55 POUND Buying 142 141.5 139.5 141.5 …

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Futile tax collection procedure

Futile tax collection procedure

In any state, tax revenues are the most effective way to grow country’s domestic resource mobilization efforts by which the state increases its income to meet compulsory public expenditures. I would like to mention here that the developing states face …

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Stock market at a glance

Stock market at a glance

MARKET REVIEW The local bourse snapped gains of last week to close lower on profit-taking, dragging benchmark index to 41,105, down by 2.3%WoW. The market participation deteriorated significantly as ADT and ADTV decreased by 27%WoW and 24%WoW respectively. Foreign institutional …

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Stock Watch

Stock Watch

KSE-100 INDEX FALLS ON UNEXCITING RESULTS WITH POLITICAL UNCERTAINTY SUMMARY The result week closely watched by the investors produced cold response from them on some unexciting results. OGDC (-0.93%)result for 1QFY where the company posted an EPS of Rs3.95 & …

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Stock Review

Stock Review

ECONOMIC AND POLITICAL CONCERNS KEEP INVESTORS AWAY; UPCOMING EARNINGS REPORT MAY SUPPORT Though, political noise subsided but investors’ sentiments over prevailing external account weakness and a lackluster results season, eroded the benchmark index by 2.33%WoW during the week ended 27th …

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