By
Announcing the budget 2018-19 here in the National Assembly, the minister said the market capitalisation reached almost US$ 100 billion. However, as a result of political events, the stock-exchange plunged to 37,919 in December 2017, he added.
He said this year 8,349 companies were registered till March 2018 compared to 5,883 companies in the same period last year.
Miftah said during the last five years, 33,285 new companies were registered as compared to 17,079 registrations between 2008-13. Registration of such large number of new companies reflected buoyancy of businesses, he added.