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styv Economists upbeat on virus recovery
« le: Juin 21, 2024, 07:09:56 pm »
Xuvx Relief Govt exempts textile industry from lockdown
  KARACHI:The Pakistan Stock Exchange (PSX) continued to be ravaged as the pandemic worsened  however, a financial package announced by the government helped arrest a further downward spiral at the stock market. The KSE-100 plunged 2,557 points or 8% in the outgoing week to settle at 28,110 points.With Monday a holiday on account of Pakistan Day, trading kicked off on Tuesday on an extremely bearish note. After r jordan6 ecording the worst loss since 2008 in the past week, the index had plummeted even further as it breached the 29,000-point barrier when trading resumed after a three-day break. The sharp decline had once again triggered a halt in trading activity, this time for two hours.The downtrend came on the back of fears that a global recession was imminent as the coronavirus nike 95  pandemic forced many countries across the world to go into lockdown. Policymakers across the globe were looking to stave off a deep economic freeze from the lockdown and travel bans through a slew  blue dunks of monetary and fiscal Ovqa Govt appeasing IMF for next bailout suggests market talk
 KARACHI:Despite an improvement of 3% year-on-year in car sales in September 2 superstar adidas schwarz 018, the industry has reported its worst first-quarter sales since 2013, which marked a decline of 4%.Sales stood at 19,345 units in the previous month compared to 18,798 units in September 2017.Pakistan s auto sales have shown a growing pattern in the recent past, however, in the last couple of months they have displayed a declining tendency. It has also been for the first time that auto sales declined in the first two months of a fiscal year - July and August - since 2015. Breaking the trend of falling volumes in the past couple of months, car sales in September rose by 3%. Sales are also up by 10% on a month-on-month basis due to a higher number of working days in September as compared to August,  said Topline Se air force mujer curities Research Analyst Daniy samba og al Adil. The decline in industry sales was largely offset by higher Honda sales, which increased by 32%. However, higher Honda sales are due to the low base effect sin