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Bulls rule the roost - Markets - Business Recorder

KARACHI: Despite foreign selling, Pakistan Stock Exchange on Friday witnessed a positive trend on the back of . ....

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KSE-100 snaps 5-session losing streak, gains 310 points - Markets

The benchmark index sees 5% week-on-week decline on rate hike fears, rupee’s depreciation ....

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CCOE approves recovery from Nishat Chunian

CCOE approves recovery from Nishat Chunian
Also allows renegotiating deal with IPPs in light of NAB’s advice on Nishat case
ISLAMABAD:
The Cabinet Committee on energy (CCOE) on Thursday approved recovery of Rs8.36 billion from Nishat Chunian Power Ltd and renegotiating the deal with independent power producers (IPPs) under Power Policy 2002.
The Power Division had submitted a summary on examination, validation of process of IPPs agreement. The committee after detailed discussion approved the proposal that the agreements with IPPs under Power Policy 2002 finalised by the implementation committee be reviewed in the light of advice by the National Accountability Bureau (NAB) advice in the Nishat Chunian Power Ltd case. ....

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Stocks roar ahead as economic hopes run high

Stocks roared ahead on Monday as optimism over economic recovery carried the rally into the second week with trade hovering over a billion shares mark, dealers said. Pakistan Stock Exchange’s . ....

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