Advance Tax on Accumulated Profits and Reserves of Companies in Pakistan

Advance tax on accumulated profits

The Reforms and Revenue Mobilization Commission (RRMC) has proposed an advance tax on the accumulated profits and reserves of the companies in Pakistan in the coming budget for the fiscal year 2023-24.    The Federal Budget for the year 2023-24 is to be announced on the 9th of June 2023. The imposition of the advance … Read more

PSX Performance Review for Week 2nd to 5th May 2023

PSX performance

PSX Performance Review for week 2-5 May 2023 at a Glance Since the last week, the Pakistan Stock Exchange (PSX) has gained momentum after a span of sluggish activity. The PSX performance review shows that the market is on a rising trend. The week had four working days, 1st of May being public holiday on … Read more

Pakistan Stock Market Review 26-28 April 2023

PSX performance 24th to 27th July 2023

Weekly review of the Pakistan Stock Exchange and KSE 100 index for the period from 26th April to 28th April 2023 26th April 2023 The Pakistan Stock Exchange opened after the Eid holidays with a positive note. The KSE 100 index closed at 41099.58 points with a gain of 91.76 points. The trade volume stood … Read more

Warren Buffett, Investment Strategies

Warren Buffett

A brief overview of Investment Strategies applied by Warren Buffett in the Stock Markets Warren Buffett is one of the most successful investors in history, known for his long-term investment philosophy and his ability to identify undervalued companies. Here are some of the investment strategies that he has used over the years: Value investing Buffett … Read more

PSX Weekly Review 10th to 14th April 2023

Pakistan Stock Market

PSX weekly review on day to day basis covering the performance of the Pakistan Stock Exchange and benchmark KSE 100 index for the Week from 10th to 14th April 2023 Due to the prolonged delay in the finalization of the ninth review of IMF program and the hike in the interest rate by the State … Read more

Pakistan Stock Exchange, Weekly Review 3 to 7 April 2023

Pakistan Stock Exchange's performance

Pakistan Stock Exchange, Weekly Review  from 3rd to 7th April 2023 3 April The market remained dull at the start of the new quarter. KSE 100 index of the Pakistan Stock Exchange closed at 39890 points after losing 111 points as compared to the previous day. Total 74 million shares were traded during the day … Read more

Pakistan Stock Exchange on 9th March 2023

KSE 100 index

Pakistan Stock Exchange on 09-03-2023 showed a positive move and KSE 100 index improved by 226.61 points. The market closed at 41585.54 points.  During the day total 113.95 million shares were traded with a value of PKR 6.498 billion. The minimum and highest levels were 41358.9 and 41648.1 points today. Most Active Stocks in Terms … Read more

Pakistan Stock Exchange March 03, 2023

Pakistan Stock Exchange's performance

Pakistan Stock Market today showed improvement today with a rise of 666.12 points over the closing level of 40670.88 points yesterday. The market closed at 41337 points today. Today 110.68 million shares were traded with a value of PKR 6.79 billion. Today’s minimum level was 40487.28 points and the highest level was 41359.11 points. The … Read more