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Pakistan qualified for the popular MSCI Emerging Markets Index in May 2017, an upgrade from Morgan Stanley Capital International's (MSCI) Frontier Market (FM) index. [ 18 ] On 25 May 2017, the KSE-100 index reached the all-time high of 53,124 points, later it tanked to 37,919 points in a matter of seven months.
The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. [ 4 ] [ 5 ] PSX was classified by MSCI as a frontier market on 8 September 2021.
In response, the Government of Pakistan approached private sector companies operating in the country, including Shell Pakistan and Esso, proposing a joint venture to build a refinery in Karachi. [6] The private companies, seeking to protect their profits from oil imports, agreed to the government's proposal as an alternative to accepting the ...
The reorganization included a revision of its capital structure which led to the incorporation of Attock Refinery Limited as a private limited company in 1978. [2] [4] The initial paid-up capital of the new company was PKR 80 million, which was subscribed by Attock Oil Company, the Government of Pakistan, and the general public. [4]
Pakistan's principal natural resources are arable land and water. About 25% of Pakistan's total land area is under cultivation and is watered by one of the largest irrigation systems in the world. Pakistan irrigates three times more acres than Russia. Pakistan agriculture also benefits from year-round warmth.
Independent candidates affiliated with jailed Pakistani political leader Imran Khan’s Tehreek E Insaaf (PTI) party won the most National Assembly seats in Pakistan’s general election ...
Pakistan Mercantile Exchange, formerly known as National Commodity Exchange Limited is a futures commodity exchange based in Karachi, Pakistan. It is the only company in Pakistan to provide a centralised and regulated place for commodity futures trading and is regulated by Securities and Exchange Commission of Pakistan (SECP). It began its full ...
It started its transmission under name of CNBC Pakistan by taking a license from CNBC Asia. It was then owned by Vision Network Television. [2] In 2015, it was relaunched as Jaag TV after struggling to compete in the Pakistani market. The channel continued to struggle and was bought by Pakistani bakery company, Gourmet Bakeries. [1]