07-08-2024, 04:27 PM
Wffe Building bridges Bounty on PAC members called off
KARACHI:Stocks rallied on Monday as the benchmark KSE-100 i af1 custom ndex soared over 1,3 air max 1 00 points following a lower-than-expected inflation reading.Moreover, recent decrease in global oil prices along with a rapid recovery in world equity markets played the role of catalysts in positive close of the market.According to data released by Pakistan Bureau of Statistics (PBS), the inflation rate eased to 12.4%, which drove investor sentiment during the day.Furthermore, on the international front, Asian shares regained a measure of calm on Monday as markets bounced after a searing sell-off last week and investors pinned hopes on a likely coordinated global monetary response to help soften the economic blow of the coronavirus outbreak.At close, the benchmark KSE-100 index recorded an increase of 1,312.68 poin stan smith original ts, or 3.46%, to settle at 39,296.30.BMA Research Executive Director Saad Hashmi told The Express Tribune that the inflation reading falling below market expectations was the major reason behind t Ygsf Kurdish protesters clash with police at German airport disrupt UK stations
KARACHI
akistan is set to repay a foreign debt worth $1 billion against a 10- adidas originals verde year Eurobond maturing in the middle of the ongoing month.This will reduce the stock of the debt acquired through selling Eurobonds and Sukuks in international markets to below $7 billion.The State Bank of Pakistan (SBP) told The Express Tribune that it was ready to repay the bond anytime and waiting to receive instructions to do so from the finance ministry.The maturing Eurobond 2024 hit a new record high price at $1 per unit on the global investors 39 optimism that Pakistan would repay it at or before maturity on April 15 after the country rsquo s foreign e jordan bajas xchange reserves improved significantly to over $8 billion.This has enhanced the country rsquo s capacity to repay all the upcoming maturing foreign debt on time.Topline Securities CEO Muhammad Sohail recalled that Pakistan had rep adidas gazelle hellblau aid the last Eurobond of $1 billion days before its maturing date in December last year despite facing a foreign exchange re
KARACHI:Stocks rallied on Monday as the benchmark KSE-100 i af1 custom ndex soared over 1,3 air max 1 00 points following a lower-than-expected inflation reading.Moreover, recent decrease in global oil prices along with a rapid recovery in world equity markets played the role of catalysts in positive close of the market.According to data released by Pakistan Bureau of Statistics (PBS), the inflation rate eased to 12.4%, which drove investor sentiment during the day.Furthermore, on the international front, Asian shares regained a measure of calm on Monday as markets bounced after a searing sell-off last week and investors pinned hopes on a likely coordinated global monetary response to help soften the economic blow of the coronavirus outbreak.At close, the benchmark KSE-100 index recorded an increase of 1,312.68 poin stan smith original ts, or 3.46%, to settle at 39,296.30.BMA Research Executive Director Saad Hashmi told The Express Tribune that the inflation reading falling below market expectations was the major reason behind t Ygsf Kurdish protesters clash with police at German airport disrupt UK stations
KARACHI
akistan is set to repay a foreign debt worth $1 billion against a 10- adidas originals verde year Eurobond maturing in the middle of the ongoing month.This will reduce the stock of the debt acquired through selling Eurobonds and Sukuks in international markets to below $7 billion.The State Bank of Pakistan (SBP) told The Express Tribune that it was ready to repay the bond anytime and waiting to receive instructions to do so from the finance ministry.The maturing Eurobond 2024 hit a new record high price at $1 per unit on the global investors 39 optimism that Pakistan would repay it at or before maturity on April 15 after the country rsquo s foreign e jordan bajas xchange reserves improved significantly to over $8 billion.This has enhanced the country rsquo s capacity to repay all the upcoming maturing foreign debt on time.Topline Securities CEO Muhammad Sohail recalled that Pakistan had rep adidas gazelle hellblau aid the last Eurobond of $1 billion days before its maturing date in December last year despite facing a foreign exchange re