Stocks

Asian stocks inched on Friday following a tech-led rise on Wall Street, although the latest exchange of trade threats between Beijing and Washington capped gains and drove safehaven flows to the dollar, which hovered near a two-week high.…

SAN FRANCISCO: Apple became the first private company to exceed $1 trillion in market capitalization Thursday, two days after reporting better-than-expected quarterly earnings.Here is a look at the world’s five biggest companies by…

China’s stock market has been overtaken as the world’s second-biggest by Japan’s, having been swiped this year by the threat of a trade war with the United States and slowing economic growth.Data from Bloomberg News in intra-day trade…

By Our Staff CorrespondentKARACHI: Disappointing results announced by major commercial banks along with absence of positive triggers meant the KSE-100 Index ended 480 points lower on Thursday. A brief positive start was followed by…

By Our Special Correspondent LAHORE: The industries, using the highly hazardous chemicals in their production process, have a high risk of accidental release, if they are not properly controlled by a well-designed safety management…

KARACHI: With timely elections on July 25 and the Pakistan Tehreek-e-Insaf standing out as the single largest political party, investors’ fears of a hung parliament or a weak coalition government at the centre were set at rest.In the…

The Pakistan Stock Exchange (PSX) rallied on the post-election positivity with the benchmark KSE-100 index gaining 750 points to close at 42,089 points.The index gained over 760 points within minutes of opening, to trade sideways…

KARACHI: The stock market witnessed a bullish trend Thursday morning as early election results tipped the Pakistan Tehreek-e-Insaf (PTI) for victory. The Pakistan Stock Exchange saw a significant increase in activity during early trading,…

KARACHI: Pakistan shares’ market again plunged by 1.8 percent Monday, as investors remained sidelined ahead of General Elections 2018, dealers said. Analyst Ahsan Mehanti at Arif Habib Corp said, “Stocks fell across the board on investor…

By Our Staff CorrespondentKARACHI: The Pakistan Stock Exchange (PSX) posted its second biggest gain of the year on Wednesday, with the benchmark KSE-100 index adding 965 points. The index opened higher and continued on an upward trend…

Economic forecasts of Pakistan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Pakistan economy. …

Pakistan stocks took a tumble on the first trading session of the week, with political upheaval and a looming crackdown on some banking industry players sending jitters through the market.

KARACHI: The biggest story for the day continues to hold the nation and Pakistan Stock Exchange in waiting. The Avenfield reference verdict – that was initially due to be announced at 12:30 pm on Friday, has now been delayed for the third…

The Pakistan Stock Exchange (PSX) extended losses into Thursday with the benchmark KSE-100 index losing 107 points to close at 40,239.

By S N Syed KARACHI: Pakistan shares’ market again went through bloodbath on Wednesday and plunged by around three percent, as investors feared decision against former prime minister Nawaz Sharif by a NAB court tomorrow (Friday), dealers…

KARACHI: The cement industry during 2017-18 posted yearly growth of 14 per cent with domestic consumption increasing by 15.42pc and exports inching up by 1.77pc. This is first time in nine years that exports registered growth.

KARACHI: Trade Development Authority of Pakistan (TDAP) declared that Pakistan rice exports exceeded by $2 billion mark for the financial year ended 2017-18.Pakistan’s rice is amongst the best rice in the world, previously in FY15 rice…

By S N Syed KARACHI: The Pakistan Stock Exchange (PSX) slightly recovered its losses during the week, as expected decision on the Financial Action Task Force (FATF) had little impact on investors while analysts have predicted market to…

Bullish momentum at the Pakistan Stock Exchange (PSX) continued on day two as the benchmark KSE-100 index gained 472 points to close at 41,718.The index opened higher and continued trading in the positive zone for the entire session.…

The Pakistan Stock Exchange (PSX) landed in the green on Tuesday with the benchmark KSE-100 index gaining 268 points to close at 41,246.The index had opened higher and peaked at 41,527 points before settling down.Around 180 million…

By S N Syed KARACHI: Pakistan shares’ market continued declining streak and fell 1.6 percent Monday, as upcoming FATF decision and Moody’s downgrade of Pakistani market helped funds fly away from the market, dealers said. Ahsan Mehanti,…

KARACHI: The bears were on a rampage throughout the previous week on the stock market with the KSE-100 index witnessing a loss of whopping 2,043 points (4.7 percent) to close at 41,637. Turning out to be one of the worst weeks this calendar…

The Pakistan Stock Exchange (PSX) extended its bearish run on the closing day of the week with the benchmark KSE-100 index losing 721 points to close at 41,637.

KARACHI: The KSE-100 Index plunge 728 points in intra-day trading before making some recovery due to continuous depreciation of rupee. The benchmark index was on a steady decline throughout the day as stocks faced across-the-board selling…

KARACHI: The stock market witnessed on Wednesday another turbulent session as the KSE-100 index dropped below 43,000 points.The index fell by 710 points in the absence of positive triggers, which contributed to the overall bearish trend…

The Pakistan Stock Exchange (PSX) continued its positive trend on Thursday with the benchmark KSE-100 index gaining 173 points to close at 43,681 points.

The Pakistan Stock Exchange (PSX) landed in the green on Wednesday after a see-saw session with the benchmark KSE-100 index gaining 279 points to close at 43,508 points.

By Our Staff Reporterkarachi: A bloodbath was seen at the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark KSE-100 index losing 702 points to close at 43,229. After opening lower, the index continued to slide throughout the…

The Pakistan Stock Exchange (PSX) fell flat on Monday, with the benchmark KSE-100 Index losing a modest 17 points to close at 43,931 points.

By S N Syed KARACHI: Foreign exchange reserves held by the State Bank of Pakistan have slightly improved by eight million to $10.041 billion on June 1, 2018 against $10.033 billion on May 25.According to data released by the State Bank…

Bullish streak at the Pakistan Stock Exchange (PSX) entered its fifth day on Wednesday as the benchmark KSE-100 index gained 442 points.

By Our Staff CorrespondentKARACHI: The Pakistan Stock Exchange (PSX) continued its positive run on Tuesday, with the benchmark KSE-10 index gaining 434 points to close at 43,703. After opening higher, the index continued on an upward…

The Pakistan Stock Exchange (PSX) managed to close in the positive zone after a range-bound session saw the benchmark KSE-100 index gain 66 points in the last session of the week.

The index opened higher, then declined to the day's low at 42,496 before rebounding to peak at 42,920 shortly before the day's close.In all, 142.6 million shares worth Rs7.9 billion were traded at the exchange. Of the 340 scrips traded,…

By Our Staff CorrespondentKARACHI: The Pakistan Stock Exchange (PSX) on Wednesday closed on a flattish note, with the benchmark KSE-100 index shedding 76 points to finish at 42,546. The index opened higher to hit a day's high of 42,774…

By Our Staff CorrespondentKARACHI: The bulls dominated the Pakistan Stock Exchange (PSX) on Tuesday with the benchmark KSE-100 index gaining 484 points to close at 42,623 points. The index opened higher and continued on an upward path…

By Our Staff CorrespondentKARACHI: The Pakistan Stock Exchange (PSX) opened the week in the positive zone with the benchmark KSE-100 index gaining 64 points to close at 42,139. The index traded sideways before rallying strongly after…

By S N SyedKARACHI: Stock market recovered losses of the previous and closed in green during the outgoing week while traders have predicted market to remain under pressure next week because of an increase in the benchmark discount rate…

The Pakistan Stock Exchange (PSX) saw the bears prevail on Friday, pushing the benchmark KSE-100 Index 462 lower to 42,074.

KARACHI: Pakistan equities closed flat on the first day of the rollover week despite of the approval of FY19 budget by the parliament on Friday. The benchmark KSE-100 index made an intra-day high of 289 points and an intra-day low of 32…

LONDON - Stocks, oil prices and the dollar were on the rise on Monday after the U.S.-China trade war was declared “on hold” while in Europe, Italy’s borrowing costs climbed and the Milan bourse fell as two anti-establishment parties got…

Dollar strength, yen and euro weakness still weighing on the gold price.Dollar/yen ratio suggests a short-term bottom for gold is near, however.Don't expect gold bottom until dollar index breaks its 15-day trend line.

By S N SyedKARACHI: The Pakistan Stock Exchange (PSX) witnessed a decrease of 4.5 percent in the outgoing week while dull participation is expected in the coming week during Ramazan, traders said. “We expect political situation to take…

The New York Stock Exchange trading floor is one of the most familiar symbols of American business.But in 2018, the arena that prides itself on predicting the future is stuck in the past in one respect - it's almost entirely staffed…

PURCHASE, N.Y., May 18, 2018 /PRNewswire/ -- PepsiCo, Inc. (Nasdaq: PEP) today announced plans to voluntarily withdraw the listing of its common stock from the Chicago Stock Exchange. PepsiCo common stock will continue to be listed on The…

The United States and China agreed to take measures to reduce the U.S. trade deficit in goods by having China purchase more American goods - particularly agriculture and energy products, according to a joint statement the two nations…

LAHORE: Descon Engineering, a premier EPC company in Pakistan conducted their Bi -Annual CEO Communications sessions to further their foundation of trust and open communication. These sessions were carried out across all Descon operations…

By Our Staff ReporterLAHORE: The Punjab Agriculture Department (PAD) on Thursday issued an advisory for the all-cotton growers and advised them to complete cultivation of cotton across the province by 31st May 2018. The Spokesman said…

LAHORE: Truecaller on Thursday announced the launch of its long-awaited advertising platform for brands in Pakistan. Partnering with the Truecaller Ads Platform launch, Sana Safinaz’s Lawn’18 campaign generated 33 million impressions each…

LAHORE: “Getz Pharma is the first and only pharmaceutical company in Pakistan with a manufacturing facility pre-qualified by World Health Organisation (WHO) and certified for Good Manufacturing Practices by Pharmaceutical Inspection…