FLASHNEWS:

Day: August 16, 2023

PACRA Assigns Star Ranking to First Capital Mutual Fund 3-Year

Lahore, August 16, 2023 (PPI-OT): During 3-year the overall market declined due to numerous economic challenges, delays in the resumption of the IMF programmed, a growing fiscal deficit, soaring inflation, and increase in the policy rate. PACRA ranked …

PACRA Assigns Star Ranking to NBP Islamic Stock Fund 1-Year

Lahore, August 16, 2023 (PPI-OT): During FY23 the KSE-100 and KSE-30 index declined by -7.39% and -0.21% whereas KMI-30 improved by ~2.88%. The overall market declined due to numerous economic challenges, delays in the resumption of the IMF programmed,…

PACRA Assigns Star Ranking to AKD Islamic Stock Fund 5-Year

Lahore, August 16, 2023 (PPI-OT): During 5-year the overall market declined due to numerous economic challenges, delays in the resumption of the IMF programmed, a growing fiscal deficit, soaring inflation, and increase in the policy rate. PACRA ranked …

Power sector suffering from incompetence

Islamabad, August 16, 2023 (PPI-OT): Saifuddin Sheikh, Executive Director of Pakistan Economy Watch (PEW) said on Wednesday that the most important sector of electricity is suffering from incompetence and corruption. This sector has become a big proble…

PCJCCI keen for Nuclear Power Plants to overcome energy crisis

Lahore, August 16, 2023 (PPI-OT): Moazzam Ghurki, President PCJCCI stated during a think tank session held at PCJCCI Secretariat today, that ever since the Russia-Ukraine war, global warming and the gradual depletion of non-renewable sources of energy …