Traders, industrialists welcome PM Nawaz

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Traders, industrialists and members of business community in this financial hub of the country on Wednesday congratulated newly-elected Prime Minister Nawaz Sharif and welcomed his address to the National Assembly. In statement, Korangi Association of Trade and Industry (KATI) Patron In-Chief SM Muneer, Chairman Mohammad Zubair Chhaya, All Karachi Industrial Alliance President Mian Zahid Hussain and Vice Chairmen Najmul Arfeen and Niaz Ahmed congratulated the PML-N chief on becoming the prime minister for the third time. They said the business and industrial community of Pakistan was optimistic that the newly elected government would perform up to the expectations. The brokers and investors at the Karachi Stock Exchange already have shown their pleasure over the election of a single party, PML-N, gaining majority in the federal government. The investors’ positive sentiments about the new government had resulted into the KSE100-share index breaking all the previous records and having crossed the 22,000 points level.