31 C
Karachi
Friday, June 23, 2017

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,...

CPEC – FBR to grant tax exemption to Gwadar projects

The Federal Board of Revenue (FBR) has decided to grant exemption of taxes for projects related to Gwadar, including Gwadar International Airport, under China-Pakistan Economic Corridor (CPEC) project. Sources said...

SECP taking steps to ‘Control Bubble in Bourse’

Securities and Exchange Commission of Pakistan (SECP) Chairman Zafar Hijazi Wednesday informed the Senate Standing Committee on Finance that the commission is taking every measure to control bubble in...
- Advertisement -

Latest article

Trump seen hardening stance on Pakistan

President Donald Trump's administration appears ready to harden its approach toward Pakistan, US officials tell Reuters. Potential Trump administration responses being discussed include expanding...

Textile, clothing exports decline 12.24 percent in May

Pakistan's textile and clothing exports have declined 12.24 per cent to $ 938.589 million in May 2017 from $ 1.069 billion for the same...

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...