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Tag Archives: Pakistan Tehreek-i-Insaf

PTI asks NAB to hear helicopter case after polls

ISLAMABAD: The Pakistan Tehreek-i-Insaf has requested the National Accountability Bureau (NAB) to fix the case of alleged misuse of Khyber Pakhtunkhwa government’s helicopter by PTI chairman Imran Khan after the general elections. In a letter to the NAB, the PTI said it is difficult for Mr Khan to appear before it on Wednesday because he is busy in his party’s ... Read More »

KSE cheers up as 100-index crosses 32,000pts; gains 294pts, 0.93pc

KARACHI: Stocks cheered up at the thaw in ‘political standoff’ and not only recouped overnight losses but crossed 32,000 points level to climb up to 32076.33 points with handsome gains of 294.68 points or 0.93 percent till midday on Thursday. It market have a field day as it gathered momentum to take the benchmark KSE 100-index to 31,913.82 points with ... Read More »

KSE 100-index down by 35pts, 0.10pc as Nov 30 ‘showdown’ getting nearer

KARACHI: Stocks failed to cash in on the euphoria incited by Pakistan’s successful return to the international sukuk market after a gap of nine years and the benchmark KSE 100-index fell 35 points or 0.10 percent to come down to 31237.83 points in early trading on Friday. The KSE-100 index started trading at overnight losing of 31,270 and failed to ... Read More »

Midday: KSE firms gains, up 485 points amid stiff politicking

KARACHI: The Karachi Stock Exchange’s benchmark KSE-100 on Tuesday consolidated its upward march and gained 485 points or 1.70 percent to reach 28979.47 in the midday trading, defying the prevailing bleak political scenario triggered by the ongoing sit-ins and subsequent police-protesters clashes at Red Zone in the federal capital. Despite gloom and doom prevailed across the political spectrum, the KSE-100 ... Read More »

Sit-ins put billions of dollars foreign investment at stake

ISLAMABAD: The government fears that billions of dollars foreign investment will go down the drain due if sits-ins by the Pakistan Tehreek-e-Insaf and Pakistan Awami Tehreek continue in the federal capital. “The ongoing PTI and PAT sit-ins have been hitting the national economy hard as foreign investors are reluctant to invest in the country owing to the prevailing political impasse ... Read More »

Imran, Qadri marches: Rupee continues to lose value against dollar

KARACHI: Pakistani rupee continued to lose value as it plummeted 70 paisas against US dollar in the inter-bank market as later touched the Rs 101.10 mark. Traders and businessmen are worried due to this political standoff because this situation would further curtail the value of local currency against dollar. Analysts reflected that if the current political scenario continued to prevail ... Read More »