KARACHI: Advisor to the Prime Minister on Finance Shaukat Tarin on Sunday said the government would give the nation “good…
Economy
ISLAMABAD: Minister for Information and Broadcasting Fawad Chaudhry has said that the price of sugar has dropped by Rs43 per…
ISLAMABAD: The people of Sindh and Balochistan may not get the fruits of Prime Minister Imran Khan’s new initiative to provide some…
KARACHI: Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin has said that satta or speculation has “definitely” played a…
ISLAMABAD: Inflows from overseas Pakistanis declined by 7.4% in October when compared to a month earlier even though cumulative remittances…
KARACHI: The first four months of the current fiscal year proved to be another milestone for the auto sector where…
“MSCI Pakistan Indexes will be reclassified from EM to FM in one step coinciding with this index review,” the statement reads.
According to details, 3 Pakistani securities will be added to the MSCI FMI at an aggregate weight of 1.25%.
According to some financial experts, the PSX reclassification in FMI would support companies to regain their share prices.
The US dollar is being black-marketed in the open markets in Pakistan at 178 rupees in the absence of a check and balance system.