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Home / Author Archives: Mati ur Rehman

Author Archives: Mati ur Rehman

Waqar Ahmad takes helm of Internal Audit-IR as DG

Admin Member waqar ahmad 1

ISLAMABAD: Waqar Ahmad, a BS-21 officer of Inland Revenue Service, has assumed the charge of the post of Director General, Directorate General of Internal Audit (IR). The officer, pursuing the Board’s Notification No. 0305-IR-I/2016 dated 06.08.2016, relinquished the charge of the post Member (Administration), Federal Board of Revenue (HQ), Islamabad, with effect from February 08. Waqar Ahmad also served as ... Read More »

Bullish trend persists as KSE-100 index gains 445pts till midday

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KARACHI: The bullish spree continued at the Karachi Stock Exchange on third consecutive day on Wednesday as KSE-100 index gained 444.74 points to reach 34843.60 points level till midday. The stock witnessed maximum trading level at 34878.04 points and minimum level at 34398.86 points, with the total volume of 167,208,560 shares, having Rs10,389,355,829 value. On Tuesday, the KSE-100 index gained ... Read More »

Bulls keep KSE afloat as 100-index adds 275pts till midday

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KARACHI: The Karachi Stock Exchange up by 0.80 per cent as 100-index gained 274.65 points to reach 34425.76 points level till midday on Tuesday. The stock recorded the highest trading level of 34426.72 points and lowest level of 34151.11 points, with the total volume of 109,801,560 shares, having Rs8,198,241,833 value. Earlier, the KSE started with positive note as 100-index added ... Read More »

GDP likely to remain higher than last year despite economic weaknesses: SBP

state-bank-of-pakistan

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Bearish trend persists as 100-index loses 118pts till midday

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KARACHI: The Karachi Stock Exchange remained in bearish trend as KSE benchmark 100-index lost 118.39 points to reach 32920.81 points level till midday on Monday. The KSE recorded the highest level of trading at 33098.95 points and lowest level of 32910.01 points, with the total volume of 36,998,190 shares, having Rs2,307,744,586 value. Despite losing share value, Pak Refinery(R) topped the ... Read More »

KSE observes another bearish morning; 100-index drops to 33000pts

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KARACHI: After witnessing ups and downs in trading during the previous week, the Karachi Stock Exchange again started week with the negative note as 100-index shed 38.94 points to drop to 33000.26 level, with the total volume of 11,869,300 shares. During the last week, the stock market observed a bearish week as a number of unwanted events affected the benchmark ... Read More »

KSE remains flat till midday

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KARACHI: The Karachi Stock Exchange witnessed fluctuation in trading and remained flat till midday on Friday, the last trading day. The benchmark KSE-100 index gained 9.17 points to reach 33112.90 points, with the total volume of 64,575,240 shares, having Rs3,700,747,146value. The stock market recorded highest trading level at 33133.90 points and lowest level at 32953.74 points. B.O.Punjab topped the trading ... Read More »

KSE again starts trading with negative mood; 100-index loses 65pts

KSE stocks

KARACHI: The Karachi Stock Exchange took another negative start on Friday as 100-index lost 65.28 points to drop to 33038.45 level, with total volume of 24,615,790 shares in early trading. On Thursday, the KSE gained 108.36 points or 0.57 percent to reach 33103.73 points and volume of 109,670,100 shares. Analyst Ahsan Mehanti at Arif Habib Commodities said pre-budget uncertainty and ... Read More »

KSE crosses 33,000 points barrier as 100-index adds 290pts in early trading

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KARACHI: The Karachi Stock Exchange started Thursday with a positive note and crossed 33000 psychological barrier as KSE-100 index up 0.88 per cent by gaining 289.17 points to reach 33204.61 level in early trading. On Wednesday, the KSE lost 108.36 points or 0.33 percent to drop to 32915.44 points. The index fell sharply on Wednesday after unknown miscreants gunned down ... Read More »

KSE tries to recoup overnight losses as 100-Index gains 140pts in early trading

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KARACHI: Karachi Stock Exchange Tuesday tried to recoup overnight losses as KSE-100 index gained 139.69 points to reach 32646 level in early trading. On Monday, the report of probing corruption cases of brokers by Joint Task Force formation by National Accountability Bureau (NAB) and Securities and Exchange Commission of Pakistan (SECP) wrecked havoc at the stock market and KSE-100 index ... Read More »

Trade between Netherlands, Pakistan increases by 24%

Netherlands, Pakistan

KARACHI: The economic relations between Pakistan and The Netherlands are becoming stronger as the country’s exports to the Netherlands have increased by 24 per cent this year. These views were expressed by the Dutch Ambassador to Pakistan, Marcel de Vink, at a reception hosted by Consul General of the Kingdom of the Netherlands in Karachi, Tarek Khan, to celebrate the ... Read More »

Bullish trend continues as KSE-100 index down 1.17% to 33139pts

KARACHI: Karachi Stock Exchange witnessed bullish trend on the first day of trading week as the 100-index dipped 1.17 per cent to 33139.25 points, by shedding 391 points till midday. The stock exchange recorded highest trading level of 33541.59 points and lowest level of 32944.79 points, with the total volume of 76,339,000 shares, having value of Rs4,781,294,372. Though most of ... Read More »

KSE sees fluctuation as 100-index sheds 180pts to drop to 33659 level

KSE

KARACHI: The Karachi Stock Exchange Thursday recorded fluctuation in trading but remained in red zone as 100-index dipped -0.53 per cent, shedding 179.82 points to drop to 33659.46 level till midday. The stocks witnessed highest level of trading at 33885.94 points and lowest level of 33619.82 points, with the total volume of 58,976,400 shares, having Rs4,151,027,188 value. The top three ... Read More »

Bull-run takes KSE to 33890 level as 100-index up 1.06% by gaining 356pts

KARACHI: The Karachi Stock Exchange Wednesday took a good start, recouping the overnight losses by gaining 356.44 points or 1.06 per cent to reach 33890 level. On Tuesday, the stocks remained under pressure with the KSE-100 index taking a plunge of 189.89 points, or 0.56 per cent, to close at 33,533.64. Political uncertainty was thought to have led the market ... Read More »

KSE suffers 214pts loss as 100-index down 0.63% to 33509 level

KARACHI: The Karachi Stock Exchange Tuesday witnessed the bearish note as benchmark KSE 100-index down 0.63 per cent, losing 214 points to drop to 33509.48 level till midday. The country’s biggest stock recorded the highest level of 33768.44 points and lowest level of 33457.72 points, with the total volume of 60,299,450 shares, having Rs4,482,613,292 value. Despite falling values of shares, ... Read More »

KSE falls 0.32% as 100-index sheds 106pts in early trading

KARACHI: Karachi Stock Exchange Tuesday suffered another loss of 106.38 points in early trading as the benchmark KSE 100-index dropped 0.32 per cent to 33617.15 points. On Monday stocks closed flat amid consolidation post quarter end earnings announcements at KSE. Political noise gripped the trading activity after election tribunal ordered re-poll in a Lahore NA seat. Bulls dominated the market ... Read More »

Customs Intelligence arrests Customs Deputy Superintendent, 3 Inspectors for millions of rupees corruption in taxes at Taftan, Quetta

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KSE again loses early gains as 100-index falls 0.40%, sheds 134pts to 33442

KARACHI: The Karachi Stock Exchange once again lost its early gains as the 100-index suffered 133.64 points loss and down by 0.40 per cent to 33442.30 level till midday on Wednesday. The maximum trading level in market was recorded at 33681.05 points and minimum level of 33442.30 points, while the total remained 86,186,940 shares, having RS86,186,940 value. The top three ... Read More »

KSE recoups overnight losses; 100-index gains 102pts in early trading

KSE bull 1

KARACHI: The Karachi Stock Exchange Wednesday started with positive note, recouping the previous night’s losses as 100-index up by 30 per cent and gained 102.26 point to reach 33678.20 level. On Tuesday, the benchmark 100-index lost 268.36 points or 0.79 percent to reach 33575.94 points, with the volume of 205,280,470 shares. Benchmark index soon plunged in red and went on ... Read More »

KSE sheds early gains as 100-index drops 52pts till midday

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KARACHI: Started with the bullish trend the Karachi Stock Exchanged turned negative and shed 51.50 points to drop to 33792.80 level till midday. The KSE benchmark-100 index recorded the highest level of 33968.22 points and lowest level of 33792.80 points, while the total volume of the market remained 49,284,970 shares, having Rs4,065,772,056 value. The top three traded companies were KASB ... Read More »