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Stocks rally on easing of political tensions

Bulls maintained a strong grip on the Pakistan Stock Exchange on Thursday, with the benchmark of the representative companies hovering in the green zone throughout the trading session. Topline Securities said the buying momentum could be attributed to the lowering of the political temperature. The remarks by the chief justice about the initiation of a grand dialogue among political parties with

CORPORATE WINDOW: Auto sector\'s localisation discrepancies

Many countries, including India, have been trying to make in-road in the rising demand for electric vehicles (EVs). Meanwhile, in Pakistan, headlines blare the meteoric rises in car and bike prices due to the high landed cost of imported parts owing to rupee depreciation and low localisation. The issue of localisation is so complex that it is hard to judge it by the value of imported parts or b

CORPORATE WINDOW: Auto sector\'s localisation discrepancies

Many countries, including India, have been trying to make in-road in the rising demand for electric vehicles (EVs). Meanwhile, in Pakistan, headlines blare the meteoric rises in car and bike prices due to the high landed cost of imported parts owing to rupee depreciation and low localisation. The issue of localisation is so complex that it is hard to judge it by the value of imported parts or b

CORPORATE WINDOW: Auto sector\'s localisation discrepancies

Many countries, including India, have been trying to make in-road in the rising demand for electric vehicles (EVs). Meanwhile, in Pakistan, headlines blare the meteoric rises in car and bike prices due to the high landed cost of imported parts owing to rupee depreciation and low localisation. The issue of localisation is so complex that it is hard to judge it by the value of imported parts or b

CORPORATE WINDOW: Auto sector\'s localisation discrepancies

Many countries, including India, have been trying to make in-road in the rising demand for electric vehicles (EVs). Meanwhile, in Pakistan, headlines blare the meteoric rises in car and bike prices due to the high landed cost of imported parts owing to rupee depreciation and low localisation. The issue of localisation is so complex that it is hard to judge it by the value of imported parts or b