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Nhmb PTI govt issues wheat import permits to private sector
  KARACHI:The first day of the year set the tone for the stock market on Tuesday as it surged over 900 points in a handsome rally.Bullish sentiments dominated dunk rose  the market as soon as trading began and the index stayed in positive territory for the entire day. Stocks staged a sharp recovery  chancleta yeezy amid speculation after China s commitment to lend $2 billion to support Pakistan s sliding rupee as well as reduction in petroleum product prices by the government.At the end of trading, the benchmark KSE 100-share Index recorded an increase of 929.10 points or 2.51% to settle at 37,995.77.JS Global analyst Maaz Mulla said the stock market welcomed the new year with a bull run where the KSE-100 index hit an intra-day high of 980 points. He said tr yeezy foam runner ading volumes, however, remained subdued and only 97 million shares changed hands during the day.Billions lost in trade battle: Grim year for stock market as investors relocate funds Pak Elektron (+4.7%) led the volumes with trading in nearly 12 million shares.   With the PPP and the MQM coming to an agreement over the local government system in Sindh after nearly five years of wrangling, there is healthy suspicion that this development 鈥?which could not take place during any stage in the preceding years 鈥?has only seen the light of day because the general elections  ugg boots damen are fast approaching. This makes it necessary for the PPP to ensure that the MQM remains a coalition partner at the centre. Without the seats the MQM brings from Karachi, it would be extremely difficult for the PPP to get enough allies to form a government. Sensing the leverage it had, the MQM also began holding exploratory coalition talks with the PML-N while discussions over the local governme adidas samba og nt sy adidas campus schwarz stem were underway. Some would say that this was designed to make the PPP toe its line on the issue.The agreement that the two parties have hashed out contains just about everything the MQM wanted with one important exception. Control of the police remains with the provincial government