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The KSE 100 decreased 2827 points or 7.44% since the beginning of 2019.
KARACHI: The Pakistan Stock Exchange, much like the national cricket team, performed poorly on Monday, as the indices kept moving in the downward trajectory right from the word go amid low volumes. Foreign investors closed the preceding…
Tokyo’s Nikkei closes down for fifth straight session
Tokyo:Tokyo's benchmark Nikkei index fell marginally for a fifth consecutive session on Tuesday as a higher yen and concern about the global economy weighed on the market.
The Nikkei 225 index edged down 0.01 percent, or 2.34 points, to…
Asian markets tumble on trade tensions
Hong Kong, June 4 (AFP): Asian stocks largely fell Tuesday, reversing early gains on a bargain-hunting push by investors, as global trade tensions continued to weigh on markets.
Fears of an economic slowdown have mounted in recent days as…
European stock markets fall at open
London, June 4 (AFP): European stock markets fell at the start of trading on Tuesday, with London's benchmark FTSE 100 index down 0.6 percent at 7,144.09 points.
In the eurozone, Frankfurt's DAX 30 index lost 0.7 percent to 11,716.55…
Stock Exchange sheds 469 points
ISLAMABAD: The Pakistan Stock Exchange (PSX) on Monday witnessed a bearish trend as KSE 100 index declined by 469.5 points (1.32.%) to close at 35,505 points.
A total of 92.62 million shares were traded, whereas the value of shares traded…
China raises tariffs on US goods amid escalating tensions
BEIJING: China on Saturday increased tariffs on billions worth of US goods as it prepares to unveil a blacklist of “unreliable” foreign companies that analysts say aims to punish US and foreign firms cutting off supplies to telecoms giant…
PSX falls flat after volatile session
KARACHI: The Pakistan Stock Exchange (PSX) managed to close a volatile trading session on Thursday in the green zone. The indices that opened positively reversed the gains by midday but managed to recover losses by the end.
Foreign…
Bullish trends continues in Pakistan Stock Exchange
KARACHI: The bullish trend in Pakistan Stock Exchange (PSX) remained consistent on Thursday after the benchmark KSE-100 index went up by 92.18 points.
The current index was 36,051.61 points with a 0.26% change.
After closing on an…
Pakistani stocks register highest weekly gain in a decade after record losses over rupee fluctuation
KARACHI: The benchmark index of the Pakistan Stock Exchange gained 2,537 points during the outgoing week, recovering by 7.5% since fluctuations in the exchange rate and economic uncertainty wreaked havoc in the financial markets.
The…
APHA Rises along with the Cannabis Sector
Cannabis sector risingThe overall cannabis sector was up in the first half of the day on May 24. Aphria (APHA) led the pack with an 8% increase after Jefferies initiated coverage on its stock with a “buy” rating and a price target of 15…
One-Quarter of Working Americans Have Zero Retirement Savings
WASHINGTON—Many American households remain financially fragile and uncertain about their retirement prospects despite a booming job market that is lifting wages, according to a Federal Reserve survey released Thursday. One-quarter of…
Bulls take charge as KSE-100 closes 1,195 points higher
Index records highest single-day gain for 2019
KARACHI: After days of volatile trading, the Pakistan Stock Exchange (PSX) made a much-needed recovery on Wednesday and gained over 1,000 points.
The rise was attributed to reports…
Tesla stock ‘bear case’ is $10, Morgan Stanley says- MarketWatch
Tesla Inc. shares slid further on Tuesday after analysts at Morgan Stanley said their worst-case scenario for the stock is $10, mostly on concerns about faltering demand and worries that the Silicon Valley car maker might have grown “too…
Wall St. pressured as Huawei fallout hits tech shares
NEW YORK (Reuters) - U.S. stocks slid on Monday as the White House’s restrictions on Chinese telecom equipment company Huawei Technologies Co Ltd weighed on the technology sector and raised concerns that the move would…
Tesla stock and bonds tumble as investors fret about costs and safety
SAN FRANCISCO (Reuters) - Tesla’s stock and bonds tumbled on Monday as investors worried about the automaker’s cash burn and problems with an Autopilot system that CEO Elon Musk has held out as key to the electric car…
Downward trend continues in PSX as 100-index falls 800 points
KARACHI: The Pakistan Stock Exchange (PSX) benchmark KSE 100-share Index has lost 800 points at the start of the first day of the trading week on Monday.
As the trading commenced, negative trend continued to haunt the market as the…
3 Healthcare Stocks I’d Buy Right Now
They're leaders in their markets. And those markets should grow tremendously. Only a few weeks ago, I wrote that this could be the most dangerous time ever to invest in healthcare stocks. I wasn't exaggerating. There has never been as much…
Stock Indexes Mixed As This New China IPO Surges
Access to this page has been denied because we believe you are using automation tools to browse the website. This may happen as a result of the following: Javascript is disabled or blocked by an extension (ad blockers for example) Your…
PSX ends 320 points lower as investors react to rupee devaluation
KARACHI: After ending the previous session with decent gains, the Pakistan Stock Exchange (PSX) was back in the grip of bears on Thursday.
The indices plunged following news of Pak rupee dropping to its all-time low of Rs148.50 against…
General Tyre, Rubber’s earnings sink record low
Quarterly 96pc, to-date earnings 83pc down,
Experts see hard time ahead for company
M Jahangir Hayat
LAHORE: The General Tyre and Rubber Company of Pakistan Limited has post poor results as both quarterly and nine monthly…
Bid to smuggle Rs650m ketamine foiled: Customs AIIA officers awarded certificates of excellence
Our Special Correspondent
LAHORE: Chief Collector Customs and collector Lahore Preventive have
awarded the customs Airport officers and officials for foiling bid to
smuggle 275 kg ketamine worth billions…
Asia markets face more pain after China retaliates with higher tariffs
Hong Kong (CNN Business)The escalating trade war between the United States and China is causing fresh pain for global investors. Wall Street's rout extended to Asia on Tuesday. Hong Kong's Hang Seng (HSI) fell 1.7% in afternoon trading. The…
Whole Foods and These Other Major Retailers Are Now Accepting Bitcoin
Whole Foods, Nordstrom, and Crate & Barrel can now accept bitcoin and other forms of cryptocurrency at their retail stores. Spend Bitcoin at Whole FoodsWhole Foods, Nordstrom, Crate & Barrel and many other retailers are now able to…
Shares claw higher before U.S. jobs data, oil sinks again
LONDON (Reuters) - World stocks were battling to avoid their first weekly fall in six weeks on Friday, as investors waited to see whether key U.S. jobs data later would give the Federal Reserve another reason to dismiss rate…
Dollar remains unchanged in interbank, closes at Rs141.39
ISLAMABAD: The exchange rate of United States dollar remained unchanged in interbank and was traded at Rs141.39, State Bank of Pakistan (SBP) reported on Friday.
The SBP said that in the interbank, the exchange rate of Euro and Japanese…
3M’s shares on verge of worst day since 1987 stock-market crash
Shares of 3M Co. plummeted toward its biggest one-day decline in over 30 years, after the industrial, health-care and consumer products company reported missed profit and revenue expectations, slashed its full-year outlook, and said it was…
Respite for PSX as index closes 100 points higher
KARACHI: The Pakistan Stock Exchange (PSX) changed its direction on Wednesday, as indices managed to recover losses from the preceding session. Foreign investors closed Tuesday’s session as net buyers with a net inflow of $4.30 million.…
PSX continues to bleed, sheds 497 points
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed another turbulent session on Tuesday, as indices continued to bleed all day long. Foreign investors, on the other hand, ended as net buyers on Monday with a net inflow of…
China releases new rules on game approvals
© Reuters. People play online games at an internet cafe in Fuyang SHANGHAI (Reuters) - China's press and publication regulator has issued new rules on applications for publishing online games in China, signaling a possible acceleration in…
Wall Street dips as healthcare stocks slide again
(Reuters) - U.S. stocks gave up early gains to trade marginally lower on Wednesday, as healthcare stocks continued a decline from the previous session, countering a rally in chipmakers led by Qualcomm and robust economic data out of China.…
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