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News & Views

April 02, 2020

MARKET ROUNDUP

KSE-100 gained 274 points yesterday, to close at 29,506 with 193mn shares being traded. Top performance as per price change was witnessed in NCL, INDU & SYS. Top decliners were MEBL, BNWM and YOUW. Activity was mainly concentrated In Cements, OMCs & Power..

Inside: Pakistan Economy : Dated:03/16/20

NewsSnapshot

• World could face food crisis: UN, WTO
• Covid-19 versus economic output
• Japan to give more than $2 million to Pakistan as assistance in fight against COVID-19
• Sindh extends lockdown period till 14th
• CPI inflation eases to 10.2pc YoY
• Debt restructuring discussed during G-20 moot, KSA tells Pakistan
• Huddle in Q Block over shape of industry bailout
• Hot money outflows accelerate in March
• Hafeez Shaikh directs FBR to speed up refund process
• Rs59bn claims; Rs56bn GST refunds sanctioned via Faster system
• Import sales tax revenue falls 16 percent in March
• Pakistan earns $452 million by exporting transport services
• AGMS, statements: SECP gives regulatory relief to corporate sector
• Principal loans; NBFCs, NBMFCs allowed to defer repayment for one year
• Firms involved in forward selling won't be given compensation: Razak
• Dasu power project; WB approves $700m additional financing
• IPPs won't be able to pay wages if govt stops paying capacity charges
• Textile firms took risk and sold forward US dollars
• UBL declared Pakistan's best digital bank by Asiamoney