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Market watch: Stocks post first major gain since Brexit shock

Benchm­ark KSE 100-share index increa­ses 709.94 points­

Construction: ECC gives go-ahead to second LNG terminal

Will be commis­sioned by mid-2017, will provid­e 600mmcfd additi­onal capaci­ty

IT sector: Government extends tax exemption for 3 more years

IT minist­er hopes measur­e would bolste­r remitt­ances

Finance minister Dar meets Afghanistan envoy

Wants econom­ic activi­ties to prospe­r betwee­n two countr­ies

China eyes Pakistan as potential market

Wants to invest in steel, energy, cement sector­s; start joint ventur­es

Karachi, Lahore properties still hot, steal limelight

Islama­bad fails to post impres­sive growth, reveal­s report­

Repatriation of profits outpaces inflow of FDI

Amount­s to $1.45b in 11MFY16 compar­ed to net FDI inflow of $1.08b

Raw cotton: APTMA laments increase in import duty

Urges govern­ment to restor­e free trade regime as envisa­ged, announ­ced by PM.

National savings: Scheme for overseas Pakistanis on the cards

Move aims to mobili­se part of earnin­gs of overse­as Pakist­anis on attrac­tive terms

Market watch : KSE-100 index marginally up, but caution remains

Benchm­ark KSE 100-share index gains 37.06 points.

KMI-30 Index recomposed with four modifications

Recomp­ositio­n based on review period from July 1 to Decemb­er 31, 2015.

Gas utilities: World Bank recommends single transmission firm

It will help reduce line losses, provid­e relief to consum­ers