Karachi, August 8, 2017: HMD Global – the home of Nokia Phones, announced the launch of Nokia 6 today. It is the third Android-powered smartphone of Nokia, which will be available across all local markets in Pakistan. Unveiled earlier this year at Mobile World Congress in Barcelona, these devices
In the first two trading sessions of the week, the Index has managed to all but wipe out the gains made during the previous week. KSE100 index is down 897 points or 1.91% this week. Friday included, the market is down 1,105 points. KSE100 index ended Tuesday’s trading session
Karachi August 08, 2017: The Board of Management (BoM) of Pakistan State Oil (PSO) convened on Monday, August 07, 2017 at company’s head office, PSO House to review the company’s performance for the financial year ended June 30, 2017. The meeting was chaired by Dr. Musadik Malik. The Company
The Union of Small and Medium Enterprises (UNISAME) felicitated and appreciated the concern of the new minister for commerce and textiles Pervaiz Malik for increasing exports and taking all stakeholders on board and invited his attention that unless high impact steps are taken for the promotion and development of
Gulistan Spinning Mills and Paramount Spinning Mills Ltd. reported financial results for the period of June, 2014 – 15. Both the companies issued no cash dividend, no bonus shares or right shares for the period Gulistan Spinning 30 June, 15 30 June, 14 Change Sales – net –
Askari Bank Ltd. announced Financial Results for the year ended June 30, 2017. The company’s Mark-up/return/interest earned for the period increased by 2 percent in the outgoing year, whereas the Profit after Taxation for the Period increased 2 percent. The board has recommended no Cash Dividend, bonus shares or
Pakistan State Oil Co. announced Financial Results for the year ended June 30, 2017. The company’s Net Turnover for the period increased by 21 percent in the outgoing year, whereas the Profit after Taxation for the Period increased 77 percent. The board has recommended a Final Cash Dividend at
The strength of the federal cabinet has been raised from 31 to 34 as the government under Prime Minister Shahid Khaqan Abbasi has issued a notification regarding the re-organization of the portfolios on Monday. According to the notification, the ministries of water and water, and petroleum and natural resources have
After power and electricity crisis has been plaguing the city, Karachiites are now bracing for the shortage of sugar as supply to the metropolis was suspended since the past four days. According to details, a deadlock between the Sugar Mills Association and the government has resulted in the suspension
The markets ended the session in red for the second consecutive day today as the session ended in losses again after they closed negative in Friday’s session. The index moved down by 0.88 percent from Friday’s close. In corporate alerts today, Engro Polymer & Chemicals reported an increase of
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