News & Views

March 19, 2019

MARKET ROUNDUP

KSE-100 index gained 545 points yesterday, to close at 38852 with 100mn shares being traded. Top performance as per price change was witnessed in BATA, INDU and MUREB; top decliners were COLG, PMPK and ATLH. Activity was mainly concentrated in Power Generation & Distribution, Commercial Banks and Cement.

Inside: Banking Sector Update: Dated:03/14/19

NewsSnapshot

• 'Proliferation of Pakistani N-programme a threat for US'
• Mahathir's visit: Pakistan, Malaysia may sign various MoUs, business deals
• WB's eight-point reform agenda: 'Control population to prosper'
• IMF team to be invited for talks next month
• 'Pakistan, IMF agree on policy direction'
• Finance ministry takes PQA to task on LNG terminal delay
• Singaporean firm keen to invest in Pakistan's shipping industry
• CCP terms CAA-OMCs agreement "anti-competitive"
• 'FBR preparing largest tax evaders list'
• FBR faces Rs35bln in revenue shortfall from diesel, petrol in July-Dec
• Cotton production falls 7pc
• PSX, QFC sign deal
• PM takes sympathetic view of PIA"s woes
• ADB scouting investment ventures
• Fire suspends business activities at FTC building
• Return filers increase to 1.74mln
• PYMA rejects valuation ruling