News & Views

December 18, 2018

MARKET ROUNDUP

KSE-100 index lost 276 points yesterday, to close at 38309 with 67mn shares being traded. Top performance as per price change was witnessed in UNITY, KEL and AGIL; top decliners were JLICL, GATI and MARI. Activity was mainly concentrated in Commercial Banks, Chemical and Power Generation & Distribution.

Inside: Textile Sector Update: Dated:18/12/18

NewsSnapshot

• IMF to conduct debt sustainability analysis
• Learning through mistakes key to success
• NA standing committees: Opposition eyeing key slots
• Justice Asif Khosa sworn in as acting CJ
• Minister directs quick filing of FIRs against power thieves
• US opposes changes to Pak territorial integrity: Congressman
• FATF's upcoming review: NEC may approve Terror Financing report today
• ECC nods near Rs2bln subsidy on imported urea
• FDI falls 35.2pc to $880.7mln in July-November
• FBR likely to get over 300,000 less tax
• Textile exports remain flat at $5.5 billion in five months
• Competitiveness crisis continues to weave havoc through textiles
• Govt links ethanol export to in-house use of molasses
• Easy property registration rules urged
• Foreign Affairs Ministry: AGP detects irregularities worth PKR894 m
• $32.134 billion borrowed from IFIs in five years
• Tinplates" import doubles following NTC probe
• Pakistan, Egypt agree to enhance bilateral cooperation
• CPECs JCC meeting opens in Beijing tomorrow
• Home remittances: SBP announces incentive scheme
• Oil import bill surges to $6.5bn in five months