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Tag Archives: Imran Khan

PTI protest’s fear compels NEPRA to retain power tariff

ISLAMABAD: The government on Tuesday decided to retain the electricity tariff at an average rate of Rs11.52 per unit against a tariff of Rs13.81 per unit suggested by National Electric Power Regulatory Authority (NEPRA). The government decision is seemed to be heavily influenced by the announcement of PTI to stage protests against hike in power tariff. The government decided to ... Read More »

Imran, Qadri sit-ins inflict ‘billions of dollars’ loss on fragile economy: Khawaja Asif

ISLAMABAD: Pakistan has lost “billions of dollars” due to the recent anti-govt sit-ins led by Imran Khan and Tahir-ul Qadri, said Defence Minister Khawaja Asif. Addressing a press conference, he accused both Imran Khan and Tahirul Qadri of damaging the economy and attempting to derail ties with China. Defence Minister Khawaja Asif said that due to sit-ins and protests led ... Read More »

Zardari, Sharifs pay property tax

Lahore Chamber of Commerce and Industries and common people reject increase in property tax   LAHORE: Property tax of PM Nawaz Sharif’s Jati Umrah residence, former president Asif Zardari’s Bilawal House and the Punjab chief minister’s Model Town house has been paid within due date. As per details, Bilawal House has paid Rs 1.14 million, Jati Umrah paid Rs 114,000 ... Read More »

PTI bluntly confronts Nawaz govt for skyrocketing electricity bills

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) of Imran Khan on Monday strongly confronted the government for skyrocketing electricity bills, mounted prices of vegetables and fruits and prolonged loadshedding. PTI committee also placed various demands before the Nawaz Sharif government. The PTI core committee which met here said that the government paid off circular debt on pretext of ending loadshedding but load shedding ... Read More »

Closing: KSE crosses 30,000 mark with 171 points gain

KARACHI: The Karachi Stock Exchange (KSE) 100-index with a slow start after holidays succeeded to gain 171.01 points to cross 30,000 mark and reach 30149.95 points. Volume of 107,520,680 shares on last day of trading, Friday. Earlier, KSE opened with positive note and kept on marching upward, crossed psychological barrier of 30000, by gaining 102.81 points to reach 30081.75 points ... Read More »

LSE ends in green after Eid holidays

LAHORE: The Lahore Stock Exchange (LSE) witnessed bullish trend on its first day, Thursday, after five holidays due to weekend and Eidul Adha and gained 6.04 points to reach 5387.99 points and 343,100 shares. As per details, 80 companies took part in today’s trading with 20 advancers and eight companies lost their share value, while 52 companies remained stable today. ... Read More »

Closing: KSE opens after 5 days closure, loses 124 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index opened with bearish trend on Thursday after five days closure due to weekend and Eid holidays. The KSE lost 124.29 points to reach 29978.94 points and volume of 52,510,770 shares. Earlier, the rally started with downward trend, the KSE 100-index shed 50.48 points to reach 30052.75 points during midday trading on Thursday noon. ... Read More »

Opening: KSE starts week with bearish trend

KARACHI: The Karachi Stock Exchange (KSE) 100-index Thursday started with a nominal downward trend, shedding 1.87 points to reach 30101.36 points on the first day of trading after five days of Eid holidays. The KSE 100-index gained 397.58 points in the week-long trading, as it opened at 29705.65 points on last Monday and closed at 30103.23 points on Friday, despite ... Read More »

Weekly review: Bulls grip KSE before Eid as market gains 398 points

KSE remained in green zone most of the days in week long trading  KARACHI: The Karachi Stock Exchange (KSE) 100-index has gained 397.58 points in the week-long trading, as it opened at 29705.65 points on Monday and closed at 30103.23 points on Friday, despite another week of sit-ins and public meetings, creating political chaos across the country. At start of ... Read More »

SM Muneer blames PTI, PAT sit-ins for heavy economic loss

FCCI has lost its worth due to incompetent leadership   FAISALABAD: Trade Development Authority of Pakistan (TDAP) Chief Executive SM Muneer has said that the Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT) sit-ins in Islamabad inflicted heavy losses on the country’s economy and the TDAP had to postpone Expo Pakistan scheduled for October 22. Addressing a gathering of business ... Read More »

Closing: KSE ends in green before 5 days closure

KSE is going to close for 5 days due to weekend and Eid holidays KARACHI: As the stocks markets across the country were going to close for five days, the Karachi Stock Exchange tried hard to end trading in green zone on last day of trading, Friday. The KSE slightly gained 31.65 for today to reach 30103.23points and volume of ... Read More »

Reduction in petrol prices this Eid: Rs 12?

ISLAMABAD: Brent crude hit a 28-month low to $92.04 a barrel, falling from $115 a barrel in mid-June while benchmark US oil dropped below the $90 a barrel mark for the first time since April 2013. It is almost 18 percent decline in oil price in international markets while locally Petroleum Ministry has just decreased the petrol price by Rs ... Read More »

Closing: 75 points gain helps KSE cross 30,000 barrier

KARACHI: The major stock exchange of the country, the KSE 100-index, crossed the psychological barrier of 30,000, gaining just 74.97 for today, Thursday, to reach 30071.58 points and volume of 107,311,490 shares. Earlier in the morning, KSE made a wonderful start and crossed 30,000 psychological barrier by gaining 129.56 points and reached 30126.17. The market has gained 69.45 points and ... Read More »

Closing: KSE keeps up momentum, ends slightly below 30,000

KARACHI: The Karachi Stock Exchange (KSE) 100-index had shed points at start of the week; however, Wednesday was a second consecutive lucky day for country’s major stocks, as the KSE again remained in green zone and added 270.22 points to reach 29996.61 points and volume of 72,096,640 shares. Earlier, Stocks Exchange keeping the bullish momentum of start on third day ... Read More »

Closing: Bulls retake charge at KSE with 343 points gain

KARACHI: Tuesday proved to be a good day for Karachi Stock Exchange (KSE) 100-index as the major Stock market of the country gained 343.26 points to reach 29726.39 points and volume of 60,392,610 shares. Earlier, the market opened at the overnight closing of 29,383 points and showed resilience to offset the bearish trend. The investors remained cautious and vigilant in view ... Read More »

Closing: KSE plummets 322 points after PTI show in Lahore

  KARACHI: The Karachi Stock Exchange (KSE) 100-index lost 322.52 points to reach 29383.13 points with a volume of shares 47,072,210 on the first day of trading on Monday, as the political situation is becoming unexpected after a showdown by Pakistan Tehreek-e-Insaf in Lahore. Earlier, the market opened on a negative note and fell down from the weekend closing of 29705 ... Read More »

Imran’s public meeting hampers businesses

LAHORE: The Pakistan Tehreek-e-Insaf (PTI) show of power at Minar-e-Pakistan ground all sorts of business activities to a halt as the entire city wore a desert look while transport remained thin on the roads. Though it was Sunday, the public meeting affected the business activities adversely while people faced great difficulty in carrying out routine activities of life. The PTI ... Read More »

Finance Ministry blames sit-ins for rupee depreciation, debt increase

KARACHI: The ongoing political impasse has resulted in depreciation of rupee and the ongoing sit-ins of the Pakistan Tehreek-e-Insaf and Pakistan Awami Tehreek have forced foreign dignitaries to postpone their visits to Pakistan, according to the Finance Ministry. It is feared that prices of essentials will go up due to destruction of standing crops and increase in imports. This has ... Read More »

Weekly review: Bears rally at KSE causes 334 points slump

KARACHI: The Karachi Stock Exchange (KSE) 100-index has lost 334.51 points in the weeklong trading, as it opened at 30015.8 points on Monday and closed at 29681.29 points on Friday. On Monday, the first day of trading, KSE lost 21.93 points to stand at 29993.87 points as the country has been facing multifarious challenges these days. Earlier on Monday, the ... Read More »

Closing: Bears chase KSE, week ends on 259 points loss

KARACHI: The Karachi Stock Exchange (KSE) 100-index lost 258.98 points to stand at 29681.29 points and volume of 86,490,530 shares on last day of trading, Friday, as the routine life in Karachi came to a halt after MQM chief Altaf Hussain asked his workers to stage sit-ins across the city following the arrest of workers. Earlier, 100-index witnessed fluctuation in trading ... Read More »