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Muhurat trading is the trading activity in the Indian stock market on the occasion of Diwali (Deepawali), a big festival for citizens of India. [1] Usually, it is held during evening hour and is announced by the stock market exchanges notifying traders and investors of the non-scheduled trading hour.
Stock markets like NSE and BSE in India are typically closed during Diwali, with the exception of a Diwali Muhurat trading session for an hour in the evening to coincide with the beginning of the new year. [173] In 2020, the INDF ETF was launched to mark the start of Diwali. [174]
[4] [5] PSX was classified by MSCI as a frontier market on 8 September 2021. [6] Pakistan Stock Exchange was founded in 1947 as Karachi Stock Exchange, In January 2016, Karachi Stock Exchange was renamed as Pakistan Stock Exchange after the merger of the Lahore Stock Exchange and Islamabad Stock Exchange. [7]
Note that Hindi–Urdu transliteration schemes can be used for Punjabi as well, for Gurmukhi (Eastern Punjabi) to Shahmukhi (Western Punjabi) conversion, since Shahmukhi is a superset of the Urdu alphabet (with 2 extra consonants) and the Gurmukhi script can be easily converted to the Devanagari script.
In July 2021 Pakistan's IT exports grew by 47.4%, crossing $2 billion for the first time. [84] On September 5, 2021 it was reported that the "two-month trade deficit widened 120% to $7.5 billion after imports saw a new historic peak but exports plunged for the third successive month" despite government export policies. [ 85 ]
According to a report issued by a one-man commission to the Supreme Court in February 2021, out of 365 Hindu temples built before partition in Pakistan, 13 are being managed by the Evacuee Trust Property Board, 65 are being managed by the Hindu community, and the remainder of 287 have been abandoned to land mafias. [210]
Enjoy a classic game of Hearts and watch out for the Queen of Spades!
Pakistan's exports for the year 2015-2016 stood at US$21 Billion and imports were at US$44.76 billion for the same period. [5]Pakistan's exports increased more than 100% from $7.5 billion in 1999 to stand at $18 billion in the financial year 2007–2008.