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Webinar on Roshan Digital Account – High Commission for Pakistan, Canberra
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Best Penny Stocks To Watch Now? 10 Top Epicenter Stocks For Your List
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KSE-100 index jumps 135 points despite Year-end sale by Insurance companies
June 30, 2021
Pakistan Stock Exchange (PSX) witnessed a topsy-turvy trading session on Tuesday,as heavy selling pressure by Insurance Companies shadowed budget-approval optimism at the market.
On Tuesday, the index began the session on a positive note right after the opening bell and crossed the 47,500-point mark briefly after gaining over 500 points. However, failing to sustain the momentum, the index reversed its trajectory and pared earlier gains to touch intra-day low of 46,986.47 level.
The Index traded in a range of 522.35 points or 1.11 percent of previous close before settling at 47,137.77 level, posting at 135 points gain.
Rural Support Programmes, AKHUWAT and the budget
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A larger-than-budget finance minister
The writer is a senior political economist based in Islamabad. He can be reached at [email protected]
While the parliamentarians fire budget documents at each other, the mover (and shaker) of the budget, a minister without a parliamentary seat, basks in unusual glory. A growth revival that happened before his arrival and a good number of stabilisers put already in place by his shy predecessor, have allowed him to announce that the country is well on the road to high growth. Before taking oath, he had termed the whole episode as a disaster story. He is challenging the IMF, former prime ministers, and cabinet colleagues. He claims to be the author of the 7