The Pakistan Stock Exchange KSE-100 shares Index gained 260.99 points. WorldCall Telecom (WTL) remained in limelight with almost half the volumes. The stocks traded higher led by oil and cement scrips on strong valuations. KARACHI: The benchmark KSE-100 Index of the Pakistan Stock Exchange continued its uptrend, recording healthy volumes to stay in the green … Read more
KARACHI: The Pakistan bourse on Thursday showed slight recovery led by selected scrips on upbeat data of $22.55 billion exports (July-February) of 2022 along with Prime Minister’s relief package and incentives for new industry. “The global stocks recovery and surging global crude oil prices played a catalyst role in the bullish close,” Ahsan Mehanti at … Read more
RIYADH: The Saudi economy recovered in 2021 after a tough year of pandemic restrictions as vaccination campaigns rolled out in the kingdom and across the world driving its key oil exports, Arab News reported. MENA’s largest economy bounced back from last year, when the kingdom’s gross domestic product contracted by 4.1 per cent, according to the International … Read more
Opposition leader in the National Assembly Shehbaz Sharif has criticized the government for allegedly manipulating data to show economic performance. According to the details, Shehbaz Sharif said that the objection raised by the Accountant General of Pakistan to the Federal Board of Revenue (FBR) for Rs1.4 billion has opened the floodgates of official economic data. … Read more
