AIRLINK 170.57 Decreased By ▼ -2.58 (-1.49%)
BOP 11.18 Increased By ▲ 0.53 (4.98%)
CNERGY 8.41 Decreased By ▼ -0.11 (-1.29%)
CPHL 99.73 Increased By ▲ 2.27 (2.33%)
FCCL 46.60 Decreased By ▼ -0.65 (-1.38%)
FFL 15.15 Decreased By ▼ -0.27 (-1.75%)
FLYNG 27.55 Decreased By ▼ -0.58 (-2.06%)
HUBC 137.78 Decreased By ▼ -1.13 (-0.81%)
HUMNL 12.92 Increased By ▲ 0.11 (0.86%)
KEL 4.54 No Change ▼ 0.00 (0%)
KOSM 5.36 Decreased By ▼ -0.19 (-3.42%)
MLCF 62.40 Increased By ▲ 0.14 (0.22%)
OGDC 212.16 Decreased By ▼ -2.59 (-1.21%)
PACE 5.42 Decreased By ▼ -0.13 (-2.34%)
PAEL 47.18 Increased By ▲ 2.32 (5.17%)
PIAHCLA 18.48 Decreased By ▼ -0.22 (-1.18%)
PIBTL 10.36 Decreased By ▼ -0.38 (-3.54%)
POWER 12.33 Increased By ▲ 0.07 (0.57%)
PPL 169.60 Decreased By ▼ -4.27 (-2.46%)
PRL 35.85 Decreased By ▼ -0.37 (-1.02%)
PTC 23.09 Decreased By ▼ -0.47 (-1.99%)
SEARL 96.26 Increased By ▲ 0.95 (1%)
SSGC 39.52 Increased By ▲ 0.39 (1%)
SYM 13.84 Decreased By ▼ -0.18 (-1.28%)
TELE 7.15 Decreased By ▼ -0.08 (-1.11%)
TPLP 10.03 Decreased By ▼ -0.26 (-2.53%)
TRG 63.48 Decreased By ▼ -1.20 (-1.86%)
WAVESAPP 9.99 Decreased By ▼ -0.05 (-0.5%)
WTL 1.31 Decreased By ▼ -0.02 (-1.5%)
YOUW 3.66 Decreased By ▼ -0.04 (-1.08%)
BR100 12,305 Decreased By -186.6 (-1.49%)
BR30 37,415 Decreased By -278.7 (-0.74%)
KSE100 114,853 Decreased By -1335.9 (-1.15%)
KSE30 35,217 Decreased By -533.1 (-1.49%)

KARACHI: Trade associations on Tuesday reaffirmed their support for today’s shutter-down strike against the IPPs’ capacity charges, higher taxation, fuel oil and power tariffs and historic inflation.

Jamaat-e-Islami has urged the trade associations to support its strike for Wednesday, August 28 to pressure the ruling coalition into scraping the IPPs’ contracts of capacity charges and lowering power rates, as well.

JI Karachi Chief, Munem Zafar has directed its city’s leadership to intensify their efforts for the success of strike with taking support from all segments of the society. “The August 28 strike will change the political landscape of the country,” he asserted, saying that the strike will be decisive to force the ruling elite to withdraw excessive taxation.

“Gold market will remain closed because of the traders strike on Wednesday,” spokesman for All Sindh Saraf Jewellers Association, Abdullah Razaq said, informing that gold bullion rates will not be released on the strike day.

“The strike on August 28 will be successful nationwide,” Chairman of the Karachi Confectionery Association, Javed Abdullah said, asserting that the traders unity will fail the government’s plans across the country.

Mehboob Azam, the Central General Secretary of the All Pakistan Organization of Small Traders slammed those politicians opposing the traders strike for their “vested interest”. He says that the ruling elites are scared of the traders’ unity.

“The government will have to rein in the IPPs and withdraw the so-called oppressive business-friendly schemes,” he said that there is no force, which could now stop the traders’ movement in the country.

Copyright Business Recorder, 2024

Comments

Comments are closed.