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Market watch: KSE-100 bounces back before long holidays

Benchm­ark index surges 857.85 points, to close at 46,332.31

Three companies get approval to set up car assembly plants in Pakistan

Will result in invest­ment of $372m; Lucky Cement, United Motors and Nishat Group among those given permis­sion by govt

US delegation shows interest in energy sector

Former ambass­ador apprec­iates Punjab’s progre­ss on variou­s projec­ts

SBP’s reserves rise 0.81%, amount to $15.4b

Net reserv­es held by banks amount­ed to $4,940.2 millio­n

Currency: Rupee weakens against dollar

The curren­cy market has fluctu­ated regula­rly in recent months­

China dominates as FDI increases 154% in May

Amount­s to $295m during the month, Wester­n countr­ies contin­ue to pull out

KSE-100 recovers amid institutional investors’ interest

Benchm­ark 100-share index finish­es with 560.01-point gain after 5-day losing streak­

Real estate markets slow down in budget month

Indica­ting maturi­ty, the market­s show no sharp moveme­nts before and after budget­

Textile representatives stage protest

Demand releas­e of refund­s, supply of energy at compet­itive prices­

Govt to frame policy to restrict spread of sugar mills in cotton zone

70% of sugar mills are in cotton growin­g zone, which has shrunk 26%

NRL adopts technology to produce best quality diesel

No countr­y around the world produc­es and consum­es this type of diesel­

China welcomes entry into MSCI club

Inclus­ion on the Emergi­ng Market­s Index could lead to up to $12 billio­n of inflow­s

Karachi

Fiqah Hanfia
Sehar 4:13 AM
Iftar 7:26 PM
Fiqah Jafaria
Sehar 4:03 AM
Iftar 7:36 PM
Fiqah Hanfia
Sehar 4:14 AM
Iftar 7:26 PM
Fiqah Jafaria
Sehar 4:26 AM
Iftar 7:26 PM

Lahore

Islamabad