Naqa Football Defoe unsettled at Tottenham
KARACHI:The MSCI s decision to make changes to Frontier Markets portfolio resulted in the benchmark KSE-100 index putting in a stunning performance and gaining 1,291 points to shatter past the 28,000 points barrier during the week ended April 4.It was a great week for investors as the KSE-100 recorded five straight trading days in the green to hit an all-time high of 28,408 points at the close of trading on Friday. Foreign buying and the country s macro-economic indicators also played a large part in the index s fortunes.The single biggest news of the week came from the changes implemented by the MSCI, a leading provider of investment dec dunk ision support tools to worldwide investors, to its Frontier Markets portfolio.From May 2014, the MSCI FM 100 yeezy slide portfolio will start to be reorganized by promoting UAE and Qatar to its emerging markets po adidas yeezys rtfolio and including more companies from Pakistan. As a result, the share of Pakistan in the FM 100 portfolio will shoot from 4.3% to 8.9%.The MSCI inde ISLAMABAD:The Supreme Court has given guidelines on the parliamentary party process to give directions under Article-63 (A) of the Constitution. ldquo;One point that needs also to be addressed here is as to how the direction for purposes of para (b), if a decision in this regard is taken by a parliamentary party, i new balances 530 s to be arrived at and communicated, rdquo; read a judgment authored by Justice Munib Akhtar on the interpretation and scope of Article-63 (A). ldquo;A decision in terms of either of the paras of clause 1 of Article-63 (A), whether by a parliamentary party to issue a direction or the party head to proceed to the making of a declarati newbalance on of defection, cannot be regarded simply as the exercise of a legal power in quite the same manner as the conferment of a statutory power on an authority or forum, rdquo; it added. ldquo;The reason is that a decision under Article-63 (A) has necessarily a strong political element to it. F airmax urthermore, especially in relation to an election or a vot |
