KARACHI: Pakistan’s benchmark KSE-100 index dropped sharply on Friday morning, losing more than 2,000 points by 10:55am as investor sentiment turned cautious following corporate and market developments. The index fell 1.1 percent from Wednesday’s close of 187,832 points to 185,765.07 points during early intraday trading. Market activity was marked by both heavy volumes and significant […]
Moonis Alvi
K-Electric CEO Moonis Alvi resigns after PSX disclosure
K-Electric (KE) Chief Executive Officer (CEO) Moonis Alvi has stepped down from his position, according to a disclosure submitted to the Pakistan Stock Exchange (PSX) on February 6. The development was formally communicated to the exchange in line with regulatory requirements under the Securities Act, 2015, and the PSX Rule Book. Read More: Green light […]