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KAPCO seeks over 100% raise in power tariff

NEPRA to hear power company’s request on October 3 ....

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KAPCO seeks interim tariff

Power generation firm wants NEPRA to announce tariff for 5 years ....

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Market watch: Stocks bounce back, recoup losses

Market watch: Stocks bounce back, recoup losses
tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.

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KSE-100 index breaches 48,000 level as budget uncertainty riles market sentiments

KSE-100 index breaches 48,000 level as budget uncertainty riles market sentiments
dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.

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Market watch: KSE-100 falls below 48,000-point mark

Market watch: KSE-100 falls below 48,000-point mark
Benchmark index sheds 370.36 points to settle at 47,777.62
KARACHI:
Uncertainty gripped the stock market on Wednesday as the benchmark KSE-100 index dived over 400 points in intra-day trading ahead of the release of Economic Survey 2020-21 and announcement of federal budget.
The government will release the survey report on June 10 and unveil the budget for fiscal year 2021-22 on June 11.
It will be the third budget of the Pakistan Tehreek-e-Insaf (PTI) government, in which it is expected to levy new taxes and increase the existing ones.
Discussions with the International Monetary Fund (IMF) on budget proposals prevented investors from taking fresh positions, therefore, the KSE-100 index failed to sustain the 48,000-point mark. Investors remained wary of pouring fresh investment during the day. ....

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