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Stocks extend overnight losses - Newspaper

KARACHI: Stocks remained subdued on Monday for the second consecutive session as the 47,000-point barrier again proved a tough nut to crack. Trading started on a dismal note with the KSE 100-share index barely moving as investors were undecided on the direction of the market. The trend remained choppy with the index swaying between intraday low of 247 points and high of 168 points. The benchmark settled with a loss of 184 points, or 0.39 per cent, at 46,721.87. The figures released by the Nati...
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Source: dawn.com

Pak Datacom Survives Despite 95% Profit Downturn in FY 2019-20

Pak Datacom Survives Despite 95% Profit Downturn in FY 2019-20 The telecommunication services company, Pak Datacom Limited, is one of the corporations that went through a crisis to maintain its businesses, which is evident from its profitability going down by 95 percent in the financial year 2019-20. According to the annual report of PDL, the net profit declined from Rs. 143.018 million to Rs. 7.413 million. This was mainly due to the COVID-19 pandemic, which resulted in a countrywide lockdown ...
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