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KSE-100: Unfazed by positive triggers, index slumps by 368 points

KSE-100: Unfazed by positive triggers, index slumps by 368 points
July 29, 2021
Bears continued to haunt investors at Pakistan Stock Exchange (PSX) as diminishing volumes and selling pressure placed the benchmark KSE-100 under pressure as it posted a 368-point loss by the closing bell and clocked at 47,318 level.
The Index traded in a range of 630.48 points or 1.32 percent of the previous close, showing an intraday high of 47,874.69 and a low of 47,244.21.
On Wednesday, trading kicked off on an optimistic note but witnessed volatility, as intraday correction and discounted share prices attracted selective buying. However, it observed profit-taking during the session amid rising COVID cases. ....

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KSE-100 index falls flat after range-bound session

KSE-100 index falls flat after range-bound session
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.

Murad Ali Shah , Reza Baqir , Muslim Commercial Bank , Habib Bank , National Refinery , Pakistan State Oil , Coronavirus Task , Pakistan Stock Exchange , Gas Exploration Companies , Worldcall Telecom , Gas Marketing Companies , National Clearing Company Of Pakistan , United Bank , Coronavirus Task Force , Sindh Chief Minister Murad Ali , State Bank , Pakistan Governor Reza Baqir , Worldcall Telecom Limited , National Clearing Company , Mutual Funds , Commercial Banks , Textile Composite , Habib Bank Limited , Systems Limited , United Bank Limited , Investment Banks ,

Pakistan refineries in upgrade phase

Pakistan refineries in upgrade phase
Many companies are making heavy investment to ramp up business
There are five major oil refineries that have a combined installed capacity of slightly over 417,000 barrel per day in Pakistan. PHOTO: FILE
KARACHI:
Pakistan’s dying petroleum oil refineries are in the planning phase or at an advanced stage of heavy investment-led upgrades to remain in business, as almost all of them are operating at half of their installed capacity due to production of out-of-demand products like furnace oil.
Output of the outdated product sometimes spills over the storage capacity and hinders manufacturing of co-products in demand like petrol and diesel from the crude oil. Owing to the emergence of gas crisis time and again in the country for the past couple of years, the government agreed to lift the ban on use of furnace oil to produce electricity on and off. ....

Port Qasim , Mohammad Khan , Byco Petroleum , Pakistan Refinery Limited , National Refinery Limited , Abraaj Group , Pakistan Bureau Of Statistics , Attock Refinery Limited , Pakistan State Oil , Petroleum Chairman Mohammad Wasi Khan , Pak Arab Refinery , Pakistan Bureau , போர்த் கேஸிம் , முகமது காந் , பயகா பெட்ரோலியம் , பாக்கிஸ்தான் சுத்திகரிப்பு நிலையம் வரையறுக்கப்பட்டவை , தேசிய சுத்திகரிப்பு நிலையம் வரையறுக்கப்பட்டவை , பாக்கிஸ்தான் பணியகம் ஆஃப் புள்ளிவிவரங்கள் , பாக்கிஸ்தான் நிலை எண்ணெய் , பக் அரபு சுத்திகரிப்பு நிலையம் , பாக்கிஸ்தான் பணியகம் ,

KSE-100: Covid concerns, forward inflation risk keeps Investors on sidelines; index dips 82 points

KSE-100: Covid concerns, forward inflation risk keeps Investors on sidelines; index dips 82 points
July 7, 2021
Bears continued to rule at the KSE-100 index for the third consecutive session as investors remained on the sidelines- treading cautiously amid resurging Covid -19 cases in the country and rising concerns over forward Inflation.
On Tuesday, the trading activity resumed on a positive note, as the Index traded in the range of 417.75 points or 0.88 percent of previous close, showing an intraday high of 47,662.68 and a low of 47,244.93. The index clocked at 47,346 level by the closing bell after posting an 82 points loss. During the day, the National Command and Operation Centre (NCOC) held a meeting and indicated towards re-imposition of stringent standard operating procedures in view of a consistent uptrend in Covid-19 cases over the past one week. This report, in particular, coupled with higher international oil prices which weighed on inflation expectations, ....

Hub Power Company , Sui North Gas Pipeline , Habib Bank , Insurance Companies , National Refinery , Operation Centre , Pakistan State Oil , Kohat Cement Company , Worldcall Telecom , National Clearing Company Of Pakistan , Technology Communication , National Command , Capital Gains Tax , Worldcall Telecom Limited , National Clearing Company , Mutual Funds , Power Generation , Personal Care Products , Textile Composite , National Refinery Limited , Unity Foods , Sui North Gas Pipeline Limited , Commercial Banks , Habib Bank Limited , Kohat Cement Company Limited , மையம் பவர் நிறுவனம் ,

Refineries feel betrayed as agreed promises not met

Refineries feel betrayed as agreed promises not met
thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.

Tabish Gauhar , Arshad Mahmood , National Refinery , Attock Refinery , Ministry Of Energy , Furnace Oil , Energy Ministry , Ministry Of Energy Mo , Pak Arab Refinery , Byco Petroleum Pakistan , Pakistan Refinery , Finance Bill , Pak Arab Refinery Limited , Attock Refinery Limited , National Refinery Limited , Byco Petroleum Pakistan Limited , Pakistan Refinery Limited , Hammad Azhar , Federal Minister Ministry , Special Assistant , Prime Minister , Income Tax Ordinance , தாபிஷ் க Au ஹர் , அர்ஷத் மஹ்மூத் , தேசிய சுத்திகரிப்பு நிலையம் , அமைச்சகம் ஆஃப் ஆற்றல் ,