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Tag Archives: political situation

Midday: Volatility persists as KSE sheds 61 points

KARACHI: Continuing volatility of early trading, Karachi Stock Exchange (KSE) 100-index even could not come out of the pressure till midday, shedding 61.81 points to reach 29821.29 points with the total volume of 22,187,280 shares on the first trading day on Monday. The KSE once in the morning trading plummeted to 29766 and also went up to 29927 points. In ... Read More »

Midday: KSE crosses 30,000 level

KARACHI: Started with negative trend, the Karachi Stock Exchange (KSE) 100-index gained momentum with positive growth of 149 points, crossing psychological level of 30,000 and reached 30143 points. In the morning the investors started trading very carefully, keeping current political standoff in mind, due to which KSE 100-index shed 21 points to stand at 29972.87 points on the second day ... Read More »

Kh Asif sheds light on Chinese investment, projects

ISLAMABAD: Federal Minister for Water and Power Khawaja Asif said that China intends to invest 34 billion dollars in Pakistan as Foreign Direct Investment (FDI) and not as a loan. “Chinese companies aim to invest $34 billion in different projects, while Chinese banks EXIM and China Development Bank would finance these companies,” Asif said while addressing a press conference called ... Read More »

Midday: Stocks plunge 433 points as political stalemate persists

KARACHI: The bears continue its rampage in Karachi Stock Exchange (KSE) as benchmark 100-Index shed 433 points and plummeted to 27378.67 in midday trading on Thursday. The KSE has dropped more than 1,400 points in past 3 days due to the political deadlock persisted in the capital city Islamabad where PTI’s Imran Khan and PAT Chief Tahirul Qadri are not backing ... Read More »