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Highest stock price in pakistan

highest stock price in pakistan

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highest stock price in pakistan

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PSX reserves its right to prevent such breaches of data usage and initiate civil and criminal legal can you put stuff on layaway online at walmart before the competent forum sincluding the courts of appropriate jurisdictions, to seek damages and pursue other remedies against the involved parties. Market Data Team can be reached at marketdatarequest psx. Some companies have a low number of shares, https://nda.or.ug/wp-content/review/education/room-rates-las-vegas-nv.php therefore a higher price per share in the market.

Some of the highest-priced stocks available on U. A company's value and share price should be analyzed using fundamentals. Berkshire Hathaway Inc. Berkshire was originally a textile company, but was bought by Warren Buffett and is now a holding company for his investments. As its CEO, Buffett has famously resisted splitting Berkshire's shares, something companies normally do to make it easier to trade their stock. Buffett instead has kept the price high to make it harder to trade, and thus discourage short-term trading which would increase the stock's volatility. However, inBerkshire launched a new share class BRK. Bwhich has a lower price.

highest stock price in pakistan

KARACHI: With a fresh increase of Rs4, per tola on Tuesday, the price of gold in Pakistan soared to an all-time high of Rs, per tola even though rates of the yellow metal in the international market remained largely range-bound over the past month. Gold prices in the local bullion market recorded an increase of Highest stock price in pakistan, per tola and Rs3, per 10 grams to settle at Rs, per tola and Rs, per 10 grams. See more significant depreciation of the rupee against the US dollar is believed to be the primary reason behind the spike given that Pakistan meets its demand for the precious metal through imports. Meanwhile, stock market participants are diverting investment to gold because the bourse is experiencing selling pressure due to overheating of the economy.

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While record-high prices of petroleum products have started to pinch here common man hard, the incumbent political government is no less perturbed.

At the outset of the fiscal year, the hefty Rs billion revenue target through petroleum levy appears in danger and hence a risk to the budget. The loss is, however, partially compensated through higher sales volumes and higher customs duty yield on products at the import stage, thanks to the oil rally. Interestingly, the government is currently under IMF pressure to go for additional taxes to fully compensate for the petroleum levy loss.

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Crude quantities too increased by 3. The value of liquefied natural gas and liquefied petroleum gas imports also surged by pc and 40pc, respectively. In the same direction, overall consumption of oil products in the first three months July-September posted about 24pc growth to 5. Higher reliance on furnace oil for power generation after a few years of decline and a negligible price differential between petrol and CNG also played a role.

highest stock price in pakistan

With a growth rate of about 15pc and over 25pc, petrol and diesel consumption has now rebounded to almosttonnes andtonnes per month, respectively. As international prices shot up, here government had to bring down the petroleum levy to a minimal level and also had to slightly reduce general sales tax GST on almost all products to minimise the inflationary pressures that remained in double digits until a couple of months ago.

highest stock price in pakistan

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