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Stocks open rollover week in red

Stocks open rollover week in red July 27, 2021 Stocks were off to a strong start on Monday led by select names, but were later pulled down by others as rollover week has kicked in amid economic jitters, traders said. Pakistan Stock Exchanges (PSX) benchmark KSE-100 Shares Index shed 120.39 points or 0.25 percent to close at 47,672.68 points, testing a day high of 47,930.85 points and a low of 47,608.79 points. Zafar Moti, former director PSX, said the market exuded optimism in the day as the ...
Hariss Khan Wyeth Pak Ltd Analyst Ahsan Mehanti At Arif Habib Corp Pak Ltd Colgate Palmolive Silk Bank Ltd

Stocks tumble as institutions hedge bets

Stocks tumble as institutions hedge bets June 29, 2021 Stocks took a major battering on Monday after institutions launched a position-squaring spree amid lukewarm sentiment owing to MSCI worries and FATF letdown, dealers said. Pakistan Stock Exchanges (PSX) benchmark KSE-100 Shares Index lost 601.01 points or 1.26 percent to close at 47,002.35 points, hitting a day high of 47,659.19 points and a low of 46,900.26 points. Haris S Khan, an analyst at brokerage Topline Securities, said equities o...
Bata Pak Hariss Khan Analyst Ahsan Mehanti At Arif Habib Corp Financial Action Task Hum Network Silk Bank Ltd

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Four local firms submit EoI for HEC - Newspaper

ISLAMABAD: The Priva­t­i­sation Commission (PC) on Friday announced on Friday that nearly a dozen potential investors have exp­r­e­ssed int­e­r­est in acquiring the Heavy Electrical Complex (HEC) — the only public sector entity which has the capacity to produce 70 hea­vy power transformers eve­ry year for all power distributing companies in the country. Four local investors have already submitted their exp­r­ession of interest (EoI) whe­r­eas some more are expected from local a...
Hassan Nasir Jamy Committee On Privat Board Of Privatisation Commission Heavy Electrical Complex Nasir Jamy Waves Singer
Source: dawn.com

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