FLASHNEWS:

Day: May 26, 2023

Pakistan Stock Exchange Limited Market Position on 26-05-2023

Karachi, May 26, 2023 (PPI-OT): <DIV STYLE=“OVERFLOW:SCROLL;”><PRE>                                                                    DAILY STOCK MARKET REPORT                                                               Market Position as of May 26, 2023                                                                               INDICES COMPANIES               KSE                 KSE-30          

Ongoing operation is a national security requirement

Islamabad, May 26, 2023 (PPI-OT): Dr. Murtaza Mughal, President of Pakistan Economy Watch (PEW) on Friday said the current operation in the country is necessary and a national security requirement. COAS Asim Munir has not only saved the country from ci…

The political turmoil destroying the country’s economy

Islamabad, May 26, 2023 (PPI-OT): Former President of Islamabad Chamber of Commerce and Industry (ICCI) Dr. Shahid Rasheed Butt on Friday said the political upheaval and other factors have destroyed the country’s economy. The IMF’s program is on hold, …

Business community pinning high hopes on FM’s dialogue

Karachi, May 26, 2023 (PPI-OT): Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the business com…

JS Securities Limited – JS Research (26 May 2023)

Karachi, May 26, 2023 (PPI-OT): Proposal of tax on reservesWith Federal Budget FY24 to be announced on June 9th, all eyes of the corporate sector are on the proposed income tax of 7.5% to 10% on companies’ accumulated profits by the Reform and Revenue …

JS Securities Limited – Weekly Review (26 May 2023)

Karachi, May 26, 2023 (PPI-OT): Bears remain in charge, KSE-100 loses 1.5% WoWThe week started on a negative note over worsening political situation and ongoing delay in resumption of the IMF program. This negative momentum persisted as investors sough…