KARACHI (Dunya News) – Pakistan Stock Exchange (PSX) on Friday witnessed bullish trend as KSE-100 index closed at 42,633.02 points as compared to 42,506.94 points on the last working day with the positive change of 126.08 points (0.30 %).
A total of 173,043,120 shares were traded compared to the trade 230,827,150 shares during the previous day, whereas the value of shares traded during the day stood at Rs6.726 billion as compared to Rs9.773 billion during last trading day.
Total 350 companies transacted shares in the Stock Market today, out of which 178 recorded gain and 152 sustained losses whereas the share price of 20 companies remained unchanged.
The three top traded companies were, Maple Leaf with a volume of 17,689,000 shares and price per share of Rs23.54, AL-Shaheer(R) with a volume of 14,028,000 and price per share of Rs3.32 and Hascol petrol with a volume of 13,934,000 and price per share of Rs22.90.
Sapphire Fiber recorded the maximum increase of Rs29.56 per share, closing at Rs784.57 while Mehmood Tex. was runner up with the increase of Rs24 per share, closing at Rs763.
Philip Morris Pak. recorded maximum decrease of Rs119.50 per share, closing at Rs2337.50 whereas Shifa Int. Hosp decreases Rs16.40 per share closing at Rs288.45.
https://dunyanews.tv/en/Business/529516-PSX-up-by-126.08-points-to-close-at-42,633.02-points-
DAVOS (92 News) – Prime Minister (PM) Imran Khan has said that the government has embarked upon reforms agenda to facilitate investors and the government will provide all possible support for establishing businesses.
He was talking to Chairperson of Dogan Holdings Ms Begumhan Dogan Faralyali called on the prime minister at Davos, on the sidelines of World Economic Forum Annual Meeting 2020.
Imran Khan said that Pakistan’s economic trajectory offers immense potential for investments. He also said the government has embarked upon reforms agenda to facilitate investors and the government will provide all possible support for establishing businesses.
The premier said that Pakistan has been blessed with vast natural resources and offer great potential for investments. He invited Dogan Holdings to consider investments in energy and tourism sectors.
SAPM Syed Zulfiqar Abbas Bukhari, Ambassador at Large on Investments Ali Jehangir Siddiqui, Permanent Representative to UN at Geneva Ambassador Khalil Hashmi was also present.
Dogan Holdings is among the largest Turkish conglomerates operating in energy, media, industry, trade, insurance and tourism sectors. Meanwhile, Chief Executive Officer and President of Sumitomo Corporation Masayoki Hyodo also called on Prime Minister Imran Khan at Davos.
Adviser to Prime Minister on Commerce Abdul Razaq Dawood, Ambassador at Large on Investments Ali Jehangir Siddiqui and Pakistan’s Permanent Representative to UN at Geneva Ambassador Khalil Hashmi were also present during the meeting.
Govt initiates reforms agenda to facilitate EODB: PM
PM hails long association Coca-Cola Company in Pakistan
PM Imran Khan says the government has initiated an effective reforms agenda to facilitate ease-of-doing-business. Talking to Chairman and CEO of Coca-Cola Company James Quincey on the sidelines of World Economic Forum in Davos on Thursday, he appreciated the long association and presence of the company in Pakistan since 1953.
Imran Khan emphasized that investments generate employment opportunities and help in poverty alleviation. While assuring full cooperation of the government to investors and businessmen, the Prime Minister stressed on environment friendly green technology in line with the government’s Clean and Green Pakistan.
James Quincey acknowledged the improvement of business environment in Pakistan and expressed the interest to further expand the company’s investment in Pakistan.
https://92newshd.tv/govt-to-provide-all-possible-support-for-establishing-businesses-pm/#.Xis1DYhS-M8
DAVOS: Prime Minister (PM) Imran Khan has said that the government has initiated an effective reforms agenda to facilitate ease-of-doing-business in Pakistan.
Talking to Chairman and CEO of Coca-Cola Company James Quincey on the sidelines of World Economic Forum in Davos on Thursday, he appreciated the long association and presence of the company in Pakistan since 1953, reported Radio Pakistan.
The prime minister emphasized that investments generate employment opportunities and help in poverty alleviation.
While assuring full cooperation of the government to investors and businessmen, the Prime Minister stressed on environment friendly green technology in line with the government’s Clean and Green Pakistan.
James Quincey acknowledged the improvement of business environment in Pakistan and expressed the interest to further expand the company’s investment in Pakistan.
Read more: Queen Maxima appreciates situation of ease of doing business in Pakistan
Pakistan has climbed 28 ranks on the World Bank’s Ease of Doing Business Index 2020 to gain 108th position.
The country has also secured a place among top ten global business climate reformers.
Pakistan ranking 136 previously, carried out reforms in the last one year that helped improving its ranking to 108, the World Bank’s “Ease of Doing Business 2020”, annual report released on October 24, last year, was quoted as saying.
The WB report said that Pakistan made starting a business easier by expanding procedures available through the online one-stop shop in both Sindh and Punjab. Furthermore, abolished the Labor Department registration fee in Punjab.
https://arynews.tv/en/govt-reforms-agenda-ease-of-doing-business-imran-khan/
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