Nishat Group company creates excitement in the book-building phase alone.

Outlay increased by 22% despite austerity at federal level, Rs185 billion set aside for Annual Development Programme.

Analysts remain bullish on the KSE-100 index for the fiscal year 2014.

However, Pakistan’s weight in Frontier Market Index will go up as UAE, Qatar exit.

Says govt wants to get rid of Rs500b circular debt before the end of June.

Lalpir Power Limited to go public with 37.9 million shares.

Say stock market is still valued very cheaply, has potential to climb further.

Record growth in volumes and foreign investment likely to invite interest.

Says the event will be the largest-ever conducted by a Pakistani brokerage.

Provision for Islamic insurance windows said to be included on ministry’s insistence.