Traders at the Pakistan Stock Exchange in Karachi. Agence France-Presse
The Pakistan Tehreek-e-Insaf (PTI) government has accepted the long outstanding demand of stockbrokers to constitute a fund for stabilising the stock market. Adviser to Prime Minister on Finance Abdul Hafeez Shaikh accepted the proposal to form the fund at a meeting with the Pakistan Stock Exchange’s (PSX)
The Pakistan Stock Exchange (PSX) in the outgoing week witnessed massive overall spike in its gains as local and foreign investors rampaged across the market to quickly hit upper circuits after the war clouds hanging over the region.
The Securities and Exchange Commission of Pakistan’s (SECP) Policy Board met in Islamabad at the SECP Headquarters under the Chairmanship of Professor Khalid Mirza.
Dr Sultan Bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, chaired the virtual meeting of the Industrial Cooperation Committee of the Gulf Cooperation Council on Thursday.
An index of stocks across the globe fell on Thursday and the dollar rose for a fifth session running on lingering concern about another economic hit from the coronavirus pandemic.
The UAE confirmed its commitment to supporting all global efforts to reinforce international trade and investment. This statement was made during the country’s participation in the closing meeting of G20 trade and investment ministers,