News & Views

September 26, 2018

MARKET ROUNDUP

KSE-100 index gained 32 points yesterday, to close at 41036 with 102mn shares being traded. Top performance as per price change was witnessed in ICI, MEBL and MLCF; top decliners were PAKT, EFUG and HMB. Activity was mainly concentrated in Cement, Chemical and Vanaspati & Allied Industries.

Inside: Pakistan Economy: Dated:09/26/18

NewsSnapshot

• ECC defers planned power tariff hike
• FM Qureshi, President Trump agree to reset ties
• Senate Committee approves key amendments in Finance (Amendment) Bill, 2018
• Trump urges Iran's isolation, praises Kim in combative UN address
• Decrease in customs duty: Government move thwarted by Senate body
• Irsa calls for building two mega dams to address growing water challenges
• Trump accuses OPEC of 'rip-off' as calls for lower prices
• Asad agrees to restore FTR back to previous status
• WB gears up for 'fresh initiative' to resolve Pakistan-India water disputes
• Fertiliser makers warn of Rs128/bag urea price hike
• Urea production starts on gas resumption
• Pakistan, Russia to ink $10billion offshore pipeline deal this week
• Wellhead gas prices up to 35 percent for 23 fields from July 1