Business

Benchmark index increases 0.63% to close at 43,510.39

Meeting was held between Federal Minister for Power Division and AJK Prime Minister

Describes ministry’s response to ‘irregularities’ in payments as sketchy

EPS stands at Rs0.32 for October-December quarter

Earnings per share amount to Rs0.16 in Oct-Dec quarter

Both sides agree volume of bilateral trade has room to grow

Emphasises Pakistan should open trade missions in all major African countries

In the last couple of months, the rupee has cumulatively shed over 4% of its value

The delegation, consisting of 31 high-profile members, was headed by Jinan Shuang

UAE is a big market for Pakistani products which can also be re-exported to other Gulf states

CEO Musharraf Rasool Cyan has withdrawn his discretionary powers

This could be a once-in-a-lifetime opportunity for wealthy Pakistanis

Collection stands at Rs2.26 trillion for first eight months of fiscal year

Board plans to invest Rs850 million by acquiring 85 million ordinary shares

With the suspension of local gas supply to CNG stations in Punjab, increase in price will affect the public directly

Benchmark index increases 244.49 points to close at 43,239.45

The company is setting up its coal-fired plant in Gwadar at an approximate cost of $542.4

Agriculture training institute in Quetta is being strengthened at a cost of Rs500 million

In the last couple of months, the rupee has cumulatively shed over 4% of its value

State minister for finance says plans of reducing corporate tax rate in the works

Net sales grow due to higher Arab Light oil prices and upward revision in Sui field’s gas price

Higher income attributed to increased sales in spinning segment

Minister says companies must study rules and regulations to reduce losses

LUMS expresses interest in housing the institute that will promote clean energy

Fonepay plans to engage 250,000 shops across
country by end of 2018

Chairman says tax exemptions and concessions worth $200m given for construction of Multan-Sukkur road section

Both countries reaffirm commitment to strengthen trade, investment ties

Also orders 5% increase in pension every year

CCI, Senate at odds over modalities of exercise

Regulator also recommends Rs6.94 per litre increase in diesel rate

Benchmark KSE-100 Index rises 83.94 points to close at 42,994.96

Funds FMD programme worth USD2.7m, Restoration of livelihood project worth USD5m

SAARC president stressed the need to strengthen collaboration

"new planned and systematic city should be developed between Lahore and Faisalabad"

In the last couple of months, the rupee has cumulatively shed over 4% of its value

Plans to expand re-rolling capacity by 396,000 tons at a cost of Rs2.27b

Expresses interest in becoming part of CPEC

EPS jumped to Rs0.63 from Rs0.43

FBR recently made amendments to Income Tax Rules 2002

Finds Balochistan-nominated man is facing charges of power theft

Decline in earnings attributed to massive gas leakages during distribution

Say country’s geostrategic, political-economic importance will enhance manifolds

Prime minister will formally inaugurate project in second week of March

Project intended to curb oil theft, deal with strikes by oil tanker owners

Production starts at old factory in Sujawal with capacity of 20,000 units per year

Benchmark KSE-100 Index falls 356.18 points to close at 42,911.02

The company was seeking a deal that would spare it from bankruptcy after more than 70 women accused Harvey Weinstein

Second phase to begin next month

'Pakistan Investment Climate Project' brings together foreign and local firms

Domestic hydrocarbon resources provide long-term solution to
energy woes