Actions are stable after early losses, end more on investor resilience Blogging Sole

Actions are stable after early losses, end more on investor resilience

 Blogging Sole

A broker speaks on the phone as he looks at an index committee indicating the last stock courses at PSX in Karachi on February 10, 2023. – AFP Analysts say prudence prevails until the risks of climbing become clearer. Volatility increases after India’s unjustified response to the attack on IIOJK. The index reached an intrajournual … Read more

Greenlights Cabinet Committee plans to accelerate the privatization of the loss of PIA losses Blogging Sole

Greenlights Cabinet Committee plans to accelerate the privatization of the loss of PIA losses

 Blogging Sole

A Pakistan International Airlines plane (PIA) is preparing to take off at Alama Iqbal International Airport in Lahore on February 1, 2012. The Cabinet Committee On Privatization (CCOP) approved Tuesday a plan to accelerate the privatization of Pakistan International Airlines Corporation (Piacl), including the disinvestment of 51 to 100% of share capital as well as … Read more

Pakistan could face $1.2 trillion in climate losses by 2050: UK envoy Blogging Sole

Pakistan could face .2 trillion in climate losses by 2050: UK envoy

 Blogging Sole

People collect bamboos from a house damaged following rains and floods during the monsoon season in Dera Allah Yar, Jafferabad district, Balochistan, August 25, 2022. — Reuters Envoy says it works with climate vulnerable communities in Britain. “We are not only facing a climate crisis, but also a natural crisis,” he says. He speaks at … Read more

Pakistan Army, FIA and ISI officials mandated to cut losses and root out corruption at Sepco Blogging Sole

Pakistan Army, FIA and ISI officials mandated to cut losses and root out corruption at Sepco

 Blogging Sole

A power generation unit in Sukkur. — Sepco Website/File The CEO of Sepco will be director of DSU, co-director of the sector commander. The DSU will report directly to the Power Division Secretary. DSU was also mandated to reduce non-technical losses. ISLAMABAD: Personnel of Pakistan Army, Federal Investigation Agency (FIA) and Inter-Services Intelligence (ISI) have … Read more

Government report reveals accumulated losses by state-owned enterprises of 5.9 billion rupees since 2014 Blogging Sole

Government report reveals accumulated losses by state-owned enterprises of 5.9 billion rupees since 2014

 Blogging Sole

A PIA aircraft parked in the shadow of the Nur Khan Technical Complex in Islamabad on February 9, 2023. — X@PIA ISLAMABAD: The government’s semi-annual report on state-owned enterprises (SOEs) has revealed that the accumulated losses of several such entities since 2014 amount to Rs 5.9 trillion, News reported Saturday. The report, aimed at complying … Read more

PSX extends losses amid concerns over profit-taking and foreign capital outflows Blogging Sole

PSX extends losses amid concerns over profit-taking and foreign capital outflows

 Blogging Sole

The broker is busy trading at the Pakistan Stock Exchange in Karachi on Wednesday, December 11, 2024. — PPI The capital market remained under intense selling pressure on Thursday, continuing its decline from the previous day due to aggressive profit-taking and cautious investor sentiment due to concerns over foreign capital outflows . The Pakistan Stock … Read more