woes

Profit-taking and energy sector woes weigh on market sentiment Blogging Sole

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Profit-taking and energy sector woes weigh on market sentiment Blogging Sole

A stockbroker looks at a computer during a trading session at the Pakistan Stock Exchange (PSX) in Karachi, July 31, 2023. — AFP Bearish sentiment persisted in the stock market on Tuesday as profit-taking, driven by mutual fund redemptions, and pressure on energy stocks weighed on trading. Concerns about circular debt in the gas sector … Read more

Government to introduce major reforms to address power sector woes, minister says Blogging Sole

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Government to introduce major reforms to address power sector woes, minister says Blogging Sole

A representative image showing electricity pylons on March 30, 2022. — Reuters Energy sector reforms face economic hurdles: Awais Leghari. The country is still grappling with the consequences of past IPP contracts, he adds. He deplores the financial burden weighing on the system due to net billing system. ISLAMABAD: Energy Minister Awais Ahmad Khan Leghari … Read more