News & Views

March 21, 2019

MARKET ROUNDUP

KSE-100 index lost 65 points yesterday, to close at 38548 with 83mn shares being traded. Top performance as per price change was witnessed in FABL, FATIMA and ENGRO; top decliners were PMPK, NRL and SHFA. Activity was mainly concentrated in Technology & Communication, Commercial Banks and Cement.

Inside: Pakistan Economy: Dated:03/21/19

NewsSnapshot

• Qureshi co-chairs first meeting of political parties forum on CPEC
• Senate body members visit IMC
• 1700cc and above: FED imposed on locally-made cars and SUVs
• Mahathir due today
• Fed sees no rate hikes in 2019, plans balance sheet reduction slowdown
• Wapda asked to seek financing in RMB
• Increase in water usage charges: Proposal endorsed by ECC
• Sindh CM summoned by NAB
• SEZ in federal capital delayed due to non-availability of land
• Govt reshuffles SNGPL's top management on overbilling inquiry
• ECC approves Rs.17.5 bn supplementary Budget