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Maharaja Ranjit Singh s statue vandalised once again in Pakistan; TLP member apprehended

KSE-100: Rising Covid cases stokes stricter lockdown fears as index losses deepen

KSE-100: Rising Covid cases stokes stricter lockdown fears as index losses deepen April 24, 2021 Stocks continued their descent and extended losses for the third consecutive day at Pakistan Stock Exchange (PSX), as rising fears over stricter lockdown measures restrained the index. On Friday, the benchmark kse-100 dipped to intra-day low of 566 points to touch 44,363.40 level, however, mid-session the index pared some of the losses. During the session the market was gripped with fears of rising Covid cases and expected stricter lockdown measures in the NCOC meeting, after the Federal Minister for Planning and Development and the Chief of the National Command and Operation Centre (NCOC) Asad Umar earlier this week issued a warning and said that if that if coronavirus situation worsens in the country, the government will be compelled to impose more restrictions.

PTI Members facing Political Victimization in Sindh: Governor Ismail

Daily Times April 21, 2021 Sindh Governor Imran Ismail on Tuesday said the workers, supporters, and members of PTI were facing Political victimization in Sindh adding that the PPP Government had failed to deliver in Sindh. The Governor expressed this while speaking to the media at the residence of Raees Arsalan Bux Brohi district President Pakistan Tehreek Insaf on his visit to Thatta. ”Under the 18th amendment the issue of water distribution is to be solved by the Provincial Government and the federal government can not interfere in that,” the Governor said, adding that the federal government was equally concerned about the situation in Sindh because it was one of the federating units.

Pakistan frees 669 men from radical group as it ends rallies

Pakistan frees 669 men from radical group as it ends rallies by Munir Ahmed, The Associated Press Posted Apr 21, 2021 11:18 am EDT Last Updated Apr 21, 2021 at 11:28 am EDT ISLAMABAD Pakistani authorities freed nearly 669 supporters of an outlawed radical Islamist group, hours after it agreed to end a week of violent protests following talks with the government. Tehreek-e-Labaik Pakistan’s leader, however, will remain behind bars with charges pending against him, the country’s interior minister said Wednesday. Saad Rizvi was arrested April 12 after threatening protests if the government did not expel France’s ambassador over the publication in France of controversial cartoons depicting Islam’s Prophet Muhammad.

KSE-100: Stocks stage recovery amid signs of political stability

KSE-100: Stocks stage recovery amid signs of political stability April 21, 2021 Bears ceded ground to bulls at the Pakistan Stock Exchange (PSX) on Tuesday, as investors reacted to successful negotiation between the government and the protesting Tehreek e Labaik Pakistan, which sent signs of stability. On the second trading session of the week, the benchmark KSE-100 opened on a positive note and touched intra-day high at 45,558.13 level after gaining 644.56 points. However, paring some early gains the index clocked at 45,399.78 level by the closing bell after posting a 486.21 points gain. The sentiments were also lifted following the announcement of rollover of $2 billion from United Arab Emirates (UAE) and an 8% MoM increase in FDI in the month of March further fuelled the investors’ sentiments.

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