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Stocks jump on upbeat June exports

Stocks jump on upbeat June exports July 2, 2021 Stocks on Thursday rallied after upbeat June exports drew investors into cyclical, banks, and technology shares, amid strong inflows, traders said. Pakistan Stock Exchange s (PSX) benchmark KSE-100 Share Index gained 444.55 points or 0.94 percent to close at 47,800.57 hitting a day high of 47,843.47 points and a low of 47,356.02 points. Muhammad Arbash, analyst at Topline Securities, said bulls dominated the index on the first day of FY22. The market opened on a positive note and maintained momentum throughout the day mostly banking on the Prime Minister Imran Khan’s statement that exports for June 2021 were recorded at $2.7 billion, he said.

Bata pakMuhammad arbashImran khanWyeth pak ltdAnalyst ahsan mehanti at arif habib corpColgate palmoliveBrokerage arif habibSilk bank ltdPakistan stock exchangeNational accountability boardWorldcall telecomStock exchangeTopline securitiesPrime minister imran khanPower policyArif habib limited

First REIT scheme compliant with Shariah approved - Newspaper

The Shariah-compliant REIT scheme envisages investment in undeveloped land in Karachi. AFP/File ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved registration of the first Shariah-compliant developmental Real Estate Investment Trust (REIT) scheme in Pakistan under the revamped REIT regulatory framework. “The Arif Habib Dolmen REIT Management Ltd, a company having a successful track record of launching the only REIT scheme in the country, has successfully partnered with leading business groups for entering into an arrangement with a commercial bank, enabling launch of the Shariah-compliant developmental REIT Scheme called the Silk Islamic Development REIT (SIDR),” an SECP official told

Shaukat tarinMuhammad ejazImran khanYunus brothers groupArif habib corpSilk islamic developmentReal estate investment trustLiberty groupManagement ltdSilk world developmentWorld groupFatima groupSilk bank ltdExchange commission of pakistanLucky cement ltdManagement company

Stocks close higher tracking budget approval

Stocks close higher tracking budget approval July 1, 2021 Stocks closed higher on Wednesday as approval of federal budget and World Bank loan for power sector reforms had positive impact on investor sentiments, traders said. The Pakistan Stock Exchange (PSX) benchmark KSE 100-shares index went up 0.46 percent or 218.25 points to close at 47,356.02 points, against 47,137.77 points recorded in the last session. Intraday high was 47,460.31 points, while the lowest level of the day was recorded at 47,137.77 points. Analyst Ahsan Mehanti at Arif Habib Corp said, “Stocks closed bullish at the year-end close as investors weighed higher global crude oil prices, National Assembly passing finance bill FY22, World Bank approval of $800 million for power sector reforms.”

Ghani glo holAnayst maaz mullaAnalyst ahsan mehanti at arif habib corpPakistan aluminum beverage cansNational refineryNational assemblyHum networkSilk bank ltdWorld bankByco petroleumCorp ltdPakistan stock exchangeJs researchWorldcall telecomFauji foods ltdPace pak ltd

Pakistan to See First REIT in Years on Khan s Construction Push

Pakistan to See First REIT in Years on Khan s Construction Push
bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.

Shaukat tarinMuhammad ejazImran khanYunus brothers groupArif habib corpSilk islamic developmentLiberty groupSilk world developmentWorld groupFatima groupSilk bank ltdLucky cement ltdPrime minister imran khanHabib dolmenMinister shaukat tarinArif habib

PSX gains 444 points to close at 47,800 57 points

PSX gains 444 points to close at 47,800 57 points
dunyanews.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dunyanews.tv Daily Mail and Mail on Sunday newspapers.

Bata pakPakistan stock exchangeWyeth pak ltdCorp ltdWorldcall telecomSilk bank ltdDunya newsColgate palmPak ltdபாட்டா பக்பாக்கிஸ்தான் ஸ்டாக் பரிமாற்றம்வையெத் பக் லிமிடெட்கார்ப் லிமிடெட்பட்டு வங்கி லிமிடெட்துணிய செய்திகோல்கேட் பனை