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Ali Jahangir leaves for Washington take charge as ambassador amidst raised eyebrows

Ali Jahangir leaves for Washington take charge as ambassador amidst raised eyebrows

ISLAMABAD :Ali Jehangir Siddiqui leaves for Washington today to take charge as ambassador to the US amidst objections from analysts and experts.PM Abbasi recently appointed Ali Jahangir as ambassador to the US, a decision which received flak due to Ali’s inexperience and the personal basis of the PM’s decision.Former foreign minister Sherry Rehman has said […]

Full-day report: Stocks slide amidst sustained selling pressure

Full-day report: Stocks slide amidst sustained selling pressure

The Pakistan Stock Exchange saw renewed selling pressure on the penultimate trading session of the week, with the benchmark KSE-100 Index losing 507 points, more than 1pc, to once again close below the 48,000 points level at 47,950.58. More than 88.6 million shares of indexed companies were traded, worth more than Rs8.37 billion. “After rallying […]

Full-day report: KSE-100 index makes modest gains amidst low volumes

Full-day report: KSE-100 index makes modest gains amidst low volumes

The Pakistan Stock Exchange started the week on a positive note, with the benchmark KSE-100 index gaining 53 points, or 0.11 per cent, by the close of the trading session to reach 47,943. Volumes were led by textile composite and cement company stocks as the benchmark index oscillated between a low of -157 points to […]