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Daily Archives: March 4, 2021

SECP to revisit proposal for cut in dividend payment time


March 4, 2021

LAHORE: The Securities and Exchange Commission of Pakistan (SECP) on Wednesday agreed to review the proposed amendment to the Companies (Distribution of Dividends) Regulations 2017, which requires cash dividend payment in three working days from the date of its approval by the general meeting of the company’s shareholders in case of final dividend and its board in case of interim …

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Trade deficit widens by 10.64pc in 8MFY21


March 4, 2021

ISLAMABAD: Pakistan’s trade deficit posted double-digit growth as it widened by 10.64 per cent to $17.54 billion in the eight months of 2020-21 (8MFY21) from $15.85bn over the corresponding period last year, Pakis­tan Bureau of Statistics (PBS) data showed on Wednesday. The trade gap has been widening since Dec 2020. In February, it swelled by 23.93pc to $2.52bn as against …

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Stocks extend overnight gains


March 4, 2021

KARACHI: The stock market remained on an upward trajectory on Wednesday. The KSE-100 index gained 197 points, or 0.4 per cent, and closed at 46,161. The market opened in the green as almost simultaneously polling for elections to the Senate commenced. However, the market didn’t show interest in the event as most expected the government candidate in Islamabad, Finance Minister …

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Govt raises cut-off yields on PIBs by up to 42bps


March 4, 2021

KARACHI: The government on Wednesday increa­sed the returns on the long-term Pakistan Investment Bonds (PIBs) up to 42 basis points despite no change in the policy interest rate. It raised Rs84.3 billion through action of PIBs (fixed rate). Higher returns encourage the banks to increase their investment in the long-term government papers. The government raised Rs28.75bn for three-year tenure against …

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Robyn Germyn ‘over the moon’ for one million views on her inspiring reel


March 4, 2021

TikToker and actress Robyn Germyn is out on a mission to “empower women to embrace their beauty while living their truth”.  The influencer thanked her followers for amassing more than one million views to her inspiring video on social media. She was diagnosed with hair loss disease – alopecia areata – nine years ago. She has been chronicling her hair …

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Chapter titles of Zack Snyder’s Justice League announced


March 4, 2021

Disappointed with the previous theatrical cut of the Justice League, the  Snyder’s Cut fans are excited as the chapter titles of the epic movie have been announced just days before the release. The Justice League fans are thrilled to watch the superhero saga film on HBO Max on March 18 following a very disappointing theatrical cut in 2017. The hyped-up …

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Jennifer Aniston’s fan amazes her with incredible art work


March 4, 2021

Jennifer Aniston,  who is known for her love of animals, was delighted by a fan’s stunning artwork about her beloved Schnauzer mix Clyde. The Friends alum  shared an amazing illustration of the Schnauzer mix by artist Michelle Wilson, telling the creator her pup ‘loves’ the piece. Taking to Instagram on Wednesday, the 32-year-old  star shared cute fan art of her …

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Kendall Jenner looks elegant as she steps out with friends in Beverly Hills


March 4, 2021

Kendall Jenner delighted fans during her latest outing with friends in Beverly Hills on Wednesday, looking  gorgeous in stylish outfit. The 25-year-old model  cut a stylish figure during her appearance with friends at brunch Nate n Als in the town. The ‘Keeping Up With The Kardashians’ beauty  sported a oatmeal-hued sweater along with a pair of light khakis with a …

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