Global financial stocks lost $465bn after the collapse of US lenders Silicon Valley Bank and Signature Bank, causing a widespread sell-off and fears of contagion in the banking sector. Asian markets were hit hard. Investors await US consumer inflation figures this week. #SVB#SB
@iammtmpk PAT to describe a company's earnings is incorrect as it factors in salary expenses. Instead, use "profit before salary expense" for accurate reporting.
IF OGDC and PPL announce hefty dividends! The significant payout to foreign investors will be converted to dollars, potentially impacting our reserves. #OGDC#PPL#dividends#investment"
#Pakistan to repay $21.95B in debt next year, with $3.95B due in one month & $13.37B in final 8 months. $80B foreign debt to be repaid in next 3.5 yrs. Foreign reserves at just $3.1B, less than a 3-week import cover. #PakistanDebtCrisis
Govt's proposed circular debt solution is absurd. It's just a debt write-off. Instead, #OGDC & #PPL's receivables should be used for production & mining. Paying off entire dividend will drop ex-dividend value to 10-20 Rs & reduce market cap, risking removal from Frontier mrkt