TSL Announcements
MARKET ROUNDUP
KSE-100 lost 48 points yesterday, to close at 79,944 with 431Mn shares being traded. Top performance as per price change was witnessed in FFBL, HBL & MUREB. Top decliners PGLC, TRG & BNWM. Activity was mainly concentrated In Technology, Fertilizer & Power.
NEWS SNAPSHOT
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- Pakistan secures $7 billion EFF deal
- New IMF deal to help Pakistan attain macroeconomic stability, says FM Aurangzeb
- Petrol, diesel prices set to surge again in coming review
- Sharp rupee depreciation feared after new IMF deal
- FD unveils strategy for release of funds
- FBR fails to achieve Rs9.4trn collection target
- New revenue measures won’t be withdrawn
- High food prices fuel short-term inflation
- Pakistan could rake in Rs1.5tr as farm income tax
- FBR to enforce retailers tax scheme in 42 cities
- Residential electricity rates hiked by up to 51%
- Nepra approves 11% hike in electricity tariff
- Govt orders ‘audit’ of agreements with IPPs
- Flour millers call off strike for 10 days
- ‘Rising taxes, costly utilities are threatening survival of SMEs’
- Cotton prices stay low amid grim outlook
- Refineries to hold back $5bn investments over tax exemption dispute
- Cement dealers announce strike to protest high taxes
- PSO board approves up to $3m for market study
- Govt shuns legal route for PTCL dues
- 3rd production halt by Indus Motor this year
- Meezan Bank becomes first market maker for GoP Ijarah Sukuk on PSX
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