Stocks lose 1,133 points on instability fears – Business
KARACHI: Bears took over the trading floor of the Pakistan Stock Exchange on Thursday after Pakistan Tehreek-i-Insaf nominated candidates for prime minister and Punjab chief minister as it also started contacts with different parties for the formation of coalition governments. Also, the Pakistan Peoples Party’s reluctance to join Shehbaz Sharif’s cabinet despite announcing support to […]
ECP power to withdraw electoral symbol challenged – Pakistan
LAHORE: The powers of the ECP to withdraw the electoral symbol of a political party has been challenged before the Lahore High Court. Munir Ahmad, a lawyer, filed a ‘public interest’ petition through advocate Azhar Siddique and assailed the vires of Section 215 of the Elections Act 2017, which provides for eligibility of a party […]
ECP rejects Nawaz’s plea against Mansehra defeat – Pakistan
ISLAMABAD: The ECP has rejected PML-N supreme leader Nawaz Sharif’s plea challenging his defeat on NA-15 Mansehra-Torghar. PTI-backed Shahzada Gustasup Khan defeated Mr Sharif with a margin of over 25,000 votes on February 8. The former secured 105,249 votes, while Mr Sharif bagged 80,382 votes, according to ECP’s provisional results. The PML-N supremo had challenged […]
2 killed, 13 hurt in firing amid recount of Hub votes – Pakistan
QUETTA: During a vote recount, two people were killed and 13 others injured in an armed clash between the supporters of Balochistan Awami Party (BAP) and Pakistan Peoples Party (PPP) candidates outside the office of the returning officer in the industrial town of Hub, on Wednesday. Officials said BAP’s Balochistan chapter president Sardar Mohammad Saleh […]
PML-N rank & file ‘let down’ by Nawaz’s change of heart – Pakistan
• Insiders say Nawaz withdrew from PM race to ensure Maryam gets CM slot• One MNA, eight MPAs-elect join PML-N; four, including three PTI-backed candidates, head to IPP LAHORE: After the nomination of PML-N President Shehbaz Sharif for the post of prime minister to lead a multi-party alliance in the Centre, resentment has been brewing […]
PPP set to form coalition govt in Balochistan – Pakistan
QUETTA: As the protests against alleged rigging in the election intensified in several parts of the country, the Pakistan Peoples Party (PPP) leaders and the candidates who won the national and provincial assembly seats from Balochistan at a joint presser announced that the party would form a coalition government, led by a jiyala chief minister. […]
Shares at PSX gain more than 900 points over clarity on political front – Business
Shares at the Pakistan Stock Exchange (PSX) traded in the green on Wednesday over clarity on the political front, gaining more than 900 points. According to the PSX website, the benchmark KSE-100 index gained 1166.11 points, or 1.9 per cent, to stand at 62,393.03 at 10:43am from the previous close of 61,226.92. It finally closed […]
JUI-F ‘not in favour’ of joining coalition govt – Pakistan
ISLAMABAD / QUETTA: As JUI-F’s tally of National Assembly seats has increased to four, the party’s central executive committee has advised its leadership not to join the upcoming coalition government. Sources in the party told Dawn the JUI-F’s top committee is not in favour of becoming a part of the coalition. The developments have been […]
Shares at PSX gain 1,000 points in intraday trade over clarity on political front – Business
Shares at the Pakistan Stock Exchange (PSX) traded in the green on Wednesday over clarity on the political front, gaining over 1,000 points in intraday trade. The benchmark KSE-100 index gained 1166.11 points, or 1.9 per cent, to stand at 62,393.03 at 10:43am from the previous close of 61,226.92. On Tuesday, the index had experienced […]
Protest spread in Balochistan over ‘rigging’ – Pakistan
QUETTA: Balochistan remained virtually paralysed as shutterdown strikes, sit-ins and roadblocks against alleged rigging in the general elections continued across the province on Tuesday. A complete shutterdown strike was observed in many areas of Balochistan, including the provincial capital, Quetta. All shops, markets, businesses and shopping malls remained completely closed throughout the day on the […]