The outgoing week saw the benchmark index crossing 49,000 points, which is the level last seen in June 2017. Arif Habib Ltd said the stock market maintained its bullish trend on the back of robust corporate results that exceeded participants’ expectations. A record-setting 27th consecutive session of the strengthening rupee against the dollar boosted investors’ confidence. Furthermore, Pakis
The rupee is on the rise. Cotton output is growing fast. Estimated wheat production is up 12 per cent compared to the last year. Car sales have started picking up. The stock market is doing well. Banks are making big profits. Fuel prices are on hold, although temporarily. Exports of agricultural and food items grew 37pc in July-September. Home remittances in September rose more than 5pc compared t
China says the multi-trillion-dollar transnational Belt and Road Initiative (BRI) global cooperation platform will become “more open” as it marks 10 years of the project by holding the third Belt and Road Forum for International Cooperation (BRF) in Beijing from tomorrow. “Continuing from this new starting point, BRI will demonstrate greater creativity and vitality, become more open and inclusi
Ask an average person if Pakistan is getting more Islamic, and the answer will vary greatly. To the right(eous), the country couldn’t be more distant from religion, as evidenced by co-ed schools or girls being able to breathe. For others, it’s hard to miss the overdose of religiosity. While one can still debate about the country at large, the Islamisation project is hard to miss when it comes t
If you think the current affordability crisis in the country’s energy sector is bad, look out for the sustainability crisis that’s about to rattle our already struggling export sector. Analysts say the long-term future of every business that exports goods to the European Union (EU) depends in large part on the kind of electricity it uses to manufacture its products. Starting this month, all