Chinese Premier's visit to Pakistan kept Karachi Stock Exchange (KSE) on the go and the benchmark-100 share index Wednesday crossed another key milestone of 21,400 points and closed at 21,458.90 level. Volume also touched record high of 572.420 million.

Chinese Premier''s visit to Pakistan kept Karachi Stock Exchange (KSE) on the go and the benchmark-100 share index Wednesday crossed another key milestone of 21,400 points and closed at 21,458.90 level. Volume also touched record high of 572.420 million.

The schedule for payment of Rs 15.5 billion to resolve current power crisis has reportedly become a bone of contention between the Ministry of Water and Power and Ministry of Finance, well informed sources told Business Recorder. Official statement issued by the Prime Minister Secretariat on May 20, and subsequent press conference by the caretaker Minister for Water and Power, Dr Musadiq Malik referred to the immediate release of Rs 22.5 billion to minimise loadshedding however the Finance Ministry has released only Rs 5 billion so far.