Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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CDNS reaches at Rs 530 billion free deposits

Feb 23, 2021: The savings of the Central Directorate of National Savings (CDNS) has reached to the free deposit of Rs 530 billion during the last 7 months in the current Fiscal Year

Banking Spread declines by 1.32% YoY in January

February 22, 2021 (MLN): The Banking sector spread for January 2021 marginally dilated by 3 basis points (bps) over the month which brings its latest value to 4.38% as compared to prior month's

Trade Sector fetches highest FDI in January’21

February 22, 2021 (MLN): Pakistan’s Trade  Sector has received the highest net FDI worth $61.5 million in January’21, followed by the Power and Financial Business sector with net FDI of $40.9 million and

Textile industry rejects budget proposals

June 15, 2020: The proposed budget for FY 20-21 has completely failed to address serious industry issues in the light of the worldwide Covid-19 created crisis. This is likely to lead to large scale unemployment

Budget FY21: Mixed bag for Fertilizer sector

June 15, 2019 (MLN): On the agricultural front, the government has been in a continuous effort to increase welfare of the farmers through various measures. In the budget for the FY21, the government has allocated

Budget 2020-21: No magic wands for Textile Sector

June 15, 2020 (MLN): In a recent budget FY2020-21, there is no new incentive announced for Textile, though this sector being an export-oriented, faces a double whammy of COVID-19 on both demand and supply side.

Weekly News Roundup

June 14, 2020 (MLN): The highlight of the departed week was the announcement of budget for the FY21, in which the government has provided some reprieve in order to battle the Coronavirus, while also imposing

Key Pakistan Market Stats and Economic Indicators

Market Data and Economic Indicators Weekly Performance   Jun 12, 2020 Jun 05, 2020 PKR InterBank 164.2461 163.3011 KSE100 Index 34,611.23 34,350.42 Avg Daily Volume 225,565,479 156,369,652 Gold (Karachi) Rs/10 gm 84,191 83,676 KIBOR 6M

Weekly Economic Roundup

June 14, 2020 (MLN): The latest weekly roundup is here to synthesize the events of the last week as well as to update the financial and economic data releases as they provide a guide to