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MSCI decision to fuel inflows at PSX

MSCI decision to fuel inflows at PSX Research firm upgrades Lucky Cement, adds TRG Pakistan in global indexes As per the latest MSCI decision, Pakistan’s weight in MSCI Global Standard Indexes has improved to 0.023% compared to 0.016% earlier. PHOTO: FILE KARACHI: Morgan Stanley Capital International (MSCI) - which provides research-based indexes and analytics to global stock market investors - has conducted a semi-annual review to recompose its global indexes on Wednesday. Accordingly, it has upgraded one Pakistani company to its emerging markets MSCI Global Standard Indexes from its MSCI Global Small Cap Indexes. Besides, it has added one new company from the country to its small cap indexes and deleted four companies in total from the two indexes, according to results of the May 2021 Semi-Annual Index Review.

مارچ میں درآمدات 3سال کی بلندترین سطح پر پہنچ گئیں

مارچ میں درآمدات 3سال کی بلندترین سطح پر پہنچ گئیں
express.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from express.pk Daily Mail and Mail on Sunday newspapers.

Pakistan books 11 cargoes of LNG

Pakistan books 11 cargoes of LNG Imports aimed at bridging fuel deficit in the economy In Pakistan, consumption of imported gas has remained low mainly due to the gas import contract at higher price. PHOTO: REUTERS KARACHI: Pakistan has booked 11 cargoes of liquefied natural gas (LNG) to be imported during March to partially bridge the deficit part of the fuel in the growing domestic economy. The imports would, however, be made at an eight-month high price at $9.59 per metric million British thermal unit (mmbtu). The government would make the expensive imports partly due to uptrend in the energy prices at global markets for the past couple of months and partly due to signing of 15-year long LNG import agreement with Qatargas at a higher rate by the previous government in the centre.

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