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Tuesday, October 24, 2017

China Stocks Win MSCI Inclusion as Early Market Reaction Muted

Chinese stocks were little moved by MSCI Inc.’s decision to add them to its benchmark indexes, as investors weighed the symbolic importance of inclusion against the limited impact on short-term...

Pakistani firms to attend Select USA Investment Summit

US Ambassador David Hale announced on Saturday that seven leading Pakistani companies from a range of industries will travel to Washington DC to participate in the Select USA Investment Summit...

SECP allows brokers to fund share purchase

The apex regulator of the corporate sector has approved nine amendments to the regulations for in-house financing in the stock market, allowing brokers to continue funding share purchase from...

World Bank approves $450mln credit for socioeconomic progress

The World Bank approved $450 million credit for Pakistan to increase financial outreach, improve social safety net and promote tourism in the country, a statement said on Thursday. The credit...

SECP accelerates action against defaulting brokers

The Securities and Exchange Commission of Pakistan (SECP) has accelerated its efforts to curb the misconduct, market abuse and financial crimes of defaulting brokers of the Pakistan Stock Exchange,...
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Top-class Pharma company with renowned brands to be listed in November

Transaction Overview OBS Pakistan (Private) Limited (“OBSPL”) and Muller & Phipps (Pakistan) (Private) Limited (“M&P”), major shareholders of AGP Limited (“AGPL”) intend to offer 20,000,000...

Today’s Major News : Summary from all news Papers

Today’s Major News Impact International News 1. Stocks in Asia Are Mostly Higher; Dollar Declines https://www.bloomberg.com/news/articles/2017-10-09/asia-faces-mixed-start-for-equities-dollar-flat-markets-wrap Neutral Political  Noise 2. PM says days of depending on US are over http://fp.brecorder.com/2017/10/20171010224818/ Neutral 3. Nawaz to be indicted...

NEPRA announces decision on K Electric: better but still disappointing

NEPRA announces decision on K Electric: better but still disappointing NEPRA has announced its decision in the matter of ‘Motions for Leave for Review’ filed by K-Electric Limited...