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In the Pakistan Stock Exchange (PSX), traders often encounter price movements that can either bebreakouts or fakeouts. Both involve a price moving beyond a key level of support or resistance, but their implications are different. Understanding the difference between the two can help investors make better trading decisions. Breakout in PSX Definition Abreakoutoccurs when the…
Federal Minister for Finance & Revenue Muhammad Aurangzeb has said that efforts were being made to attain macroeconomic stability for sustainable growth because if the government, without attaining macroeconomic stability, takes growth-oriented steps which was done in the past, it would face balance of payment issue so there was no choice but to take difficult…
Karachi: Government has appointed Dr. Asif A. Brohi, as President/CEO of National Bank of Pakistan. A Master in Business Administration from Northrop, California and Doctorate in Public Administration, he joined National Bank of Pakistan in 1984 as an Assistant Vice President. Dr. Brohi prior to becoming President of the Bank, was serving as Chief Operating…