Engages Chinese and Pakistani banks to arrange financing

Pakistan’s weightage in the index is likely to drop to 0.08% from 0.14%

World Bank will provide $140m, company will facilitate middle and low-income groups

Mutual funds emerge as largest domestic buyers of stocks during outgoing week

Analysts divided on how investors will react to rebalancing; MCB may replace HBL as largest-cap stock

World Bank economist says Pakistan may not be headed for total disaster, but needs to confront challenges

Timing coincides with govt’s announcement of restarting privatisation process

Loss level still significantly higher than the 4.5% benchmark

Number increases 17% in 2016-17, says central bank in performance review

Earlier, it was reported that PM Abbasi was considering creating a Rs20b fund to help PSX