Sunday , April 11 2021
Breaking News
Home / Tag Archives: Finance Ministry (page 5)

Tag Archives: Finance Ministry

UK asks world to financially support CASA 1000 Project

ISLAMABAD: British High Commissioner Philip Barton and Department for International Development (DFID) Head Richard Montgomery, encouraging Central Asia South Asia Electricity Transmission and Trade Project (CASA-1000), have said that the world should back the projects of regional co-operation and hoped that this project will receive financial support internationally. Both the British officials called on Federal Minister Ishaq Dar at the ... Read More »

Closing: KSE plunges 171 points on 1st trading day

KARACHI: The Karachi Stock Exchange (KSE) 100-index started the week on a negative note on Monday and lost 171.98 points to reach 29711.12 points and volume of 59,831,040 shares. Continuing volatility of early trading, Karachi Stock Exchange (KSE) 100-index even could not come out of the pressure till midday, shedding 61.81 points to reach 29821.29 points with the total volume ... Read More »

Weekly review: KSE falls below 30,000 mark, loses 257 points

  KARACHI: The Karachi Stock Exchange (KSE) 100-index opened on a positive sentiments on the first day of trading but lost 257.07 points in the week-long trading, as it opened at 30149.95 points on Monday and closed at 29892.88 points on Friday. On Monday, the KSE gained 235.78 points to reach 30394.41 points and volume of 123,546,050 shares. Earlier on ... Read More »

Closing: KSE tumbles 500 points in 4 days

KARACHI: The Karachi Stock Exchange (KSE) 100-index lost 89.57 points to reach 29892.88 points and volume of 84,658,790 shares on Friday, as Pakistan People’s Party (PPP) is going to hold a public meeting at Bagh-e-Jinnah on Saturday which will be addressed by party Chairman Bilawal Bhutto Zardari, formally starting his political career. Overall, KSE 100-Index has lost 500 points in 4 ... Read More »

Closing: KSE surrenders 30,000-plus level, plunges 411 points in 3 days

KARACHI: The Karachi Stock Exchange (KSE) 100-index lost 138.54 points to reach 29982.45 points and volume of 80,322,100 shares on Thursday. Earlier, benchmark KSE 100-index took a good start in a bid to recoup losses of the last two days and gained 66.73 points or 0.22 per cent to reach 30187.72 till 10:00am. In midday trading, market shed 50.02 points ... Read More »

Dar to preside over first meeting of Tax Reforms Commission

ISLAMABAD: Finance Minister Ishaq Dar will chair the first meeting of Tax Reforms Commission (TRC) formed to upgrade the taxation system and to address tax-related issues of general public. The meeting of 21-member Tax Reforms Commission will be held on Saturday, in which the ways to promote tax culture and to improve the taxation system in the country would be ... Read More »

Closing: KSE suffers huge losses, drops 234 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index, adding to yesterday losses, dropped another 234.23 points to reach 30120.99 points and volume of 103,405,260 shares on Wednesday. Earlier, benchmark KSE-100 index opened with positive trend and gained 37 points in morning trading session. In midday trading, market kept on adding to its yesterday losses and plunged 258.30 points, reaching 30096.92 points with volume ... Read More »

Closing: Bears stare through KSE, ends in black

The major stocks market of country lost 39.19 points despite a good start in morning, yesterday trading KARACHI: The Karachi Stock Exchange (KSE) 100-index could not sustain Monday’s gains and ended in black on Tuesday. The KSE, with a positive start and 100 plus gains in morning, ended with 39.19 points loss to reach 30355.22 points and volume of 118,614,590 shares. Earlier, ... Read More »

Closing: KSE takes mammoth jump of 235 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index opened with positive sentiments on first day of trading, Monday, to balance the slow trading of after Eid days, gained 235.78 points to reach 30394.41 points and volume of 123,546,050 shares. Earlier, KSE started the trading week on Monday with positive note and gained 94.50 points to stand at 30253.13 at 10:30am. In ... Read More »

Weekly review: Rupee sheds 25 paisas against dollar after Eid holidays

LAHORE: The Pakistani rupee weakened in the following two-trading-day week started after the weekend and Eidul Adha holidays as the US dollar gained 20 paisas in inter-bank and 25 paisas in open market against Pakistani rupee from Thursday to Friday. As per detail, the value of dollar in inter-bank market was 102.4 on Thursday and 102.6 on Friday against rupee, ... Read More »

Weekly review: KSE maintains 30,000 plus position

KARACHI: The Karachi Stock Exchange (KSE) 100-index opened with a slow start after five days closure on weekend and Eidul Adha holidays and gained 46.72 points in the week-long trading, as it opened at 30103.23 points on Thursday and closed at 30149.95 points on Friday The week, which consists of two trading days only, was unexpectedly good for KSE as ... Read More »

Closing: KSE crosses 30,000 mark with 171 points gain

KARACHI: The Karachi Stock Exchange (KSE) 100-index with a slow start after holidays succeeded to gain 171.01 points to cross 30,000 mark and reach 30149.95 points. Volume of 107,520,680 shares on last day of trading, Friday. Earlier, KSE opened with positive note and kept on marching upward, crossed psychological barrier of 30000, by gaining 102.81 points to reach 30081.75 points ... Read More »

Govt spends Rs42.3b less on development during first quarter of FY15

ISLAMABAD: The government has used 40.6% or Rs42.3 billion less development spending than allocated in the budget during first quarter (July-September) of current fiscal year 2014-15. According to sources in Ministry of Planning, Development and Reform, the government spent Rs62.3 billion out of the annual development budget of Rs525 billion under the Public Sector Development Programme (PSDP). As per the ... Read More »

LSE ends in green after Eid holidays

LAHORE: The Lahore Stock Exchange (LSE) witnessed bullish trend on its first day, Thursday, after five holidays due to weekend and Eidul Adha and gained 6.04 points to reach 5387.99 points and 343,100 shares. As per details, 80 companies took part in today’s trading with 20 advancers and eight companies lost their share value, while 52 companies remained stable today. ... Read More »

Closing: KSE opens after 5 days closure, loses 124 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index opened with bearish trend on Thursday after five days closure due to weekend and Eid holidays. The KSE lost 124.29 points to reach 29978.94 points and volume of 52,510,770 shares. Earlier, the rally started with downward trend, the KSE 100-index shed 50.48 points to reach 30052.75 points during midday trading on Thursday noon. ... Read More »

Weekly review: Bulls grip KSE before Eid as market gains 398 points

KSE remained in green zone most of the days in week long trading  KARACHI: The Karachi Stock Exchange (KSE) 100-index has gained 397.58 points in the week-long trading, as it opened at 29705.65 points on Monday and closed at 30103.23 points on Friday, despite another week of sit-ins and public meetings, creating political chaos across the country. At start of ... Read More »

Weekly review: Rupee steadier, weighs 20 paisas in interbank

LAHORE: The US dollar lost 20 paisas in inter-bank and 15 paisas in open market against Pakistani rupee during the week-long trading from Monday to Friday. As per detail, the value of dollar in inter-bank market was 102.6 on Monday and 102.4 on Friday against rupee, while, in open market its value was 102.75 on Monday and 102.6 on Friday, ... Read More »

Closing: KSE ends in green before 5 days closure

KSE is going to close for 5 days due to weekend and Eid holidays KARACHI: As the stocks markets across the country were going to close for five days, the Karachi Stock Exchange tried hard to end trading in green zone on last day of trading, Friday. The KSE slightly gained 31.65 for today to reach 30103.23points and volume of ... Read More »

Textile exporters urge FBR to release tax refunds

KARACHI: The textile exporters have urged Federal Board of Revenue (FBR) to release the sales tax refund and customs rebates, which is creating enormous cash problem for the value-added sector. Pakistan Hosiery Manufacturers & Exporters Association (PHMA) Southern Zone Chairman Muhammad Babar Khan said that despite Finance Minister Ishaq Dar’s assurance, huge amount was blocked with FBR and no payment ... Read More »

Closing: 75 points gain helps KSE cross 30,000 barrier

KARACHI: The major stock exchange of the country, the KSE 100-index, crossed the psychological barrier of 30,000, gaining just 74.97 for today, Thursday, to reach 30071.58 points and volume of 107,311,490 shares. Earlier in the morning, KSE made a wonderful start and crossed 30,000 psychological barrier by gaining 129.56 points and reached 30126.17. The market has gained 69.45 points and ... Read More »