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The police have arrested seven members of a gang of former militants over involvement in at least six bank robberies in four districts of the province. AFP/File
PESHAWAR: The police have arrested seven members of a gang of former militants over involvement in at least six bank robberies in four districts of the province and recovered more than Rs20 million of looted money.
Addressing a news conference at the Malik Saad Shaheed Police Lines, Mardan regional police officer Yasin Farooq, Kohat RPO Zafar Ali and Peshawar’s city police chief Abbas Ahsan said the gang struck in different districts and took away large sums of money in heists.
The police have arrested seven members of a gang of former militants over involvement in at least six bank robberies in four districts of the province. AFP/File
PESHAWAR: The police have arrested seven members of a gang of former militants over involvement in at least six bank robberies in four districts of the province and recovered more than Rs20 million of looted money.
Addressing a news conference at the Malik Saad Shaheed Police Lines, Mardan regional police officer Yasin Farooq, Kohat RPO Zafar Ali and Peshawar’s city police chief Abbas Ahsan said the gang struck in different districts and took away large sums of money in heists.
KSE-100: Stocks stage sharp recovery; index up 487 points
May 5, 2021
PSX-continues-bullish-trend-gains-827-points-e1576187826235Stocks at Pakistan Stock Exchange (PSX) staged sharp recovery on Tuesday, as selling pressure finally ended, owing to positive economic indicators.
On Tuesday, the benchmark KSE-100 opened on a positive note and touched intra-day low at 44,620.41 level after gaining over 540 points. However, the index clocked at 44,563.59 level by the closing bell after posting a 487 points gain.
During the session, investor sentiments were primarily buoyed by a 57%YoY improvement in local oil sales to 1.67 MTs in the month of April which shows an uptick in overall economic activity despite virus spread.
KSE-100: Covid lockdown fears, roll-over week keeps sentiments in check; index loses 233 points Equities Correspondent
Stocks continue to lose ground at Pakistan Stock Exchange (PSX) as rising covid-19 cases in the country have stoked fears of complete lockdown.
On Wednesday, the benchmark KSE-100 opened on a positive note and touched intra-day high at 45,588.94 level, but reversing its trajectory the index also touched intra-day low at 45,020.83 level. However, the index clocked at 45,059.12 level by the closing bell after posting a 233.75 points loss
During the session the investors booked profit owing to the recent surge in the stock price as a result of strong earnings season. Moreover, investors also offloaded equities, earlier bought at attractive rates owing to roll-over week.