EFG-Hermes commences operations in Pakistan

Opens office after acquis­ition of majori­ty stake in Invest and Financ­e Securi­ties

• Market watch: Powered by oil, KSE-100 snaps four-day losing streak

  Benchmark index increases 631.48 points to end at 51,373.51

• Monetary Policy: SBP keeps interest rate unchanged at 5.75%

  Market observers say there is likelihood of reversal due to anticipation of mounting inflationary pressures

• 'Pakistan’s GDP growth expected to hit 9-year high in current fiscal year'

  World Bank says in its report that the country's growth rate will continue to accelerate in the coming financial...