Pakistan Stock Exchange closed in red for the seventh consecutive month and lost 6.8% during August 2019, which was also a worst monthly decline in this year. Market remained highly volatile due to various reasons that included: 1) spike in …
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On Jan 21, 2017 the PSX signed an agreement for the sale of 40 percent strategic shares in the Pakistan bourse with a Chinese consortium, comprising three Chinese exchanges — the China Financial Futures Exchange Company Limited (lead bidder), the …
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HABIB BANK LIMITED (HBL) has posted earnings of Rs1.7/share, down by 63%YoY. Despite Rs3.2 billion reversal in Workers Welfare Fund (WWF) expense, earnings were below market expectations as the Bank booked hefty loss from dealing in foreign currencies as well as …
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The economists have recorded that Pakistan has entered a new era of equity trading; however, performance of Pakistan’s capital market will depend on local and global economic scenario in the future. During FY 2018, the performance of stock markets showed …
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The above table gives a snapshot of banking industry performance at the close of third quarter of CY2018. From the table, key industry figures could be summarized as below: 1. Assets: PKR 16,728 Billion 2. Deposits: PKR 12,937 Billion 3. Equity: PKR …
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Pakistan & Gulf Economist Pakistan's Business Financial Magazine