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Pakistan Stock Exchange bullish; 2 index levels restored

by Web Desk
December 23, 2024
in Business
Stock Exchange still bearish today; Index at 113,000 points
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Karachi: Pakistan Stock Exchange is bullish today, as a result of which 2 index levels were restored.

On the first day of the trading week, the market started with a huge surge of 1871 points in the stock market, with which the KSE 100 index rose to 111300 points.

Later, the bullish trend prevailed in the PSX, as a result of further rally, the index restored 2 levels of 110,000 and 111,000 points, and the 100 index rose to 111862 points.

Tags: commissiongovernmentinternationalNationaltime line news
Web Desk

Web Desk

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Businesses accepting digital payments to increase 10-fold in next 3 years

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5 months ago
Islamabad: Prime Minister Shehbaz Sharif has announced to give a discount for three months to domestic consumers using up to 200 units of electricity across the country. Addressing the ceremony organized regarding the reforms in the energy sector, the Prime Minister said that it was said that corruption would be eliminated in 90 days, but big corruption cases came up and instead of ending corruption, it increased, first the export of sugar. Made then imported, no money came from the looted wealth but 190 million pounds was returned to Pakistan by the kindness of Britain but that too was manipulated. The Prime Minister said that we sacrificed politics to save the state, the difficult phase passed and Pakistan was saved. ? Everyone knew that they were getting programs from the IMF, the founder of an organization said that he would die but not go to the IMF and after wasting many months, he went to the IMF and took an expensive program from the IMF. And the same program was later dedicated to politics. Shahbaz Sharif said that taxes have been imposed in this budget, some taxes have been imposed on elites for the first time, land business and investors have been taxed for the first time, who are sitting on profits, which is expected to generate 100 billion in revenue. . He said that tax has been imposed on the salaried class and he has protested that are we the only people left to pay tax? I want to tell them that for the first time tax has been imposed on property profiteers, more tax was to be collected from them, next year the tax of real estate sector will be increased. He said that the real estate sector is making profit by keeping the land and is making speculations. The prices of the land are doubling and tripling. The Prime Minister said that the price of electricity has been revised, when the prices of the so-called protected consumers increased, there were protests across the country. Their protest is justified. These are two and a half million consumers. 94% consumers will benefit from my announcement, we are giving discount for three months of July, August and September to those with 200 units, weather gets better in October, relief for common consumers for three months. Giving will cost fifty billion rupees, they will benefit from four rupees to seven rupees per unit.

Prime Minister’s announcement to give a 3-month discount to those who consume up to 200 units of electricity

11 months ago

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