Markets

London: European stock markets rose further at the open on Thursday, building on the previous session's gains thanks to an expected result in US midterm elections. London's benchmark FTSE 100 index climbed 0.3 percent to 7,137.88 points,…

Hong Kong: Hong Kong stocks rallied at the open on Thursday, tracking a surge on Wall Street as investors bet the result of the US midterms will prevent Donald Trump pushing through fresh inflation-fuelling fiscal measures. The Hang Seng…

KARACHI: The Pakistan Stock Exchange (PSX) during the preceding week recorded a gain of more than 1,400 points as the positive aura emanating from the Saudi package for the country’s economy and hopes of similar offering from China helped…

NEW YORK: Wall Street stocks finished lower on Saturday ending a three-day winning streak on renewed uncertainty over US-China trade talks and disappointing Apple results. The tech-rich Nasdaq Composite suffered the biggest drop, shedding…

Asian markets mostly fell Tuesday with Hong Kong and Shanghai stocks sinking following a report that the White House is preparing to impose tariffs on all its Chinese imports, throwing the trade war back into the spotlight. The story…

Hong Kong: Asian stocks fluctuated Monday with investors still on edge after last week's rout, with caution after another hammering for Wall Street offsetting bargain-buying. Even a forecast-busting jump in US economic growth in the third…

KARACHI – The value of US dollar declined by 23 paisa against Pakistani Rupee in the interbank market on Thursday. Following the slip, dollar is being traded around Rs131.80. The buying price of dollar is Rs130.50 while selling price is…

BENGALURU: Gold prices nudged higher on Friday as Asian shares fell on renewed political and economic concerns including China’s weak growth, with the metal on track for a third straight weekly gain. China’s economy grew 6.5 percent in…

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) nosedived on Monday and lost 1328 points on the announcement by Prime Minister Imran Khan of a major crackdown against corrupt elements besides investors confidence…

KARACHI: Oil sales in the first quarter of fiscal year 2018-19 slumped by 33 percent, touching four years low mark because of sharp decline in furnace oil volume due to the government’s move to use cheaper fuel like RLNG and coal. Oil…

LAHORE: Irfan Khokhar, Chairman LPG Distributors Association Pakistan & Founder/Chairman LPG Industries Association of Pakistan (LPG Chamber of Pakistan) has said that without any notification from OGRA, LPG Marketing Companies have…

ISLAMABAD: In a bid to ease the balance of payment pressure in the current fiscal year, Pakistan has formally requested Saudi Arabia for supply of oil on deferred payments. Saudi Arabia has been requested for supply of 100,000 to 200,000…

KARACHI: The rupee remained unchanged against dollar on Monday despite demand of the foreign currency for import and corporate payments. The rupee ended Rs124.25 to the dollar, same closing level on last Friday, in interbank foreign…

ISLAMABAD: The weekly inflation for the combined income group witnessed an increase of 0.37 percent as compared to the previous week. The Sensitive Price Indicator (SPI) for the week under review (Sep 27) in the above-mentioned group was…

KARACHI, Sep 27: Karachi Cotton Association (KCA) on Thursday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16" Micronaire value between 3.8 and 4.9 NCL. Rate Ex-Gin…

Hong Kong, Sept 27: Asian markets swung on Thursday as investors considered the prospect of more US interest rate hikes and Donald Trump's latest broadside in his trade war with China. The US central bank lifted borrowing costs for the…

London, Sept 26: European stock markets steadied Wednesday, while oil prices retreated after a recent surge, as traders awaited the conclusion of a key Federal Reserve policy meeting. Asian stocks had earlier closed with solid increases,…

Brent crude rose 1% to hit another four-year high of $81.9 a barrel in early trading on Tuesday amid looming US sanctions on Iran's oil exports and following news that OPEC leaders and Russia decided against an increase in output despite…

Hong Kong: Asian markets were mixed Tuesday following the latest tit-for-tat tariffs in the China-US trade row, while investors are now looking ahead to the Federal Reserve's next policy meeting. While the levies had been widely…

Brent crude rose nearly 3% to above $81 a barrel on Monday, its highest level since November 2014, ahead of the start of sanctions by the US on Iran and after OPEC leaders decided against an immediate extra increase in output despite…

LAHORE – The selling by foreign investors in the initial two and a half months of the current fiscal year (FY-18) showed a sharp rise. The foreign selling at Pakistan Stock Exchange (PSX) recorded an increase of 59 percent. Details…

Yields are average to below average in all three provinces, but the quality of the crop has also been strong Farmers in Western Canada are harvesting what will be a below average but top quality crop, say provincial crop specialists.…

Canadian yellow peas are receiving support from a different crop grown on the other side of the world. Drought is taking a toll on Australia’s wheat crop. The United States Department of Agriculture forecasts 22 million tonnes of…

Copper  2010-2018 | Data | Chart | Calendar | Forecast | News Copper increased 0.04 USd/LB or 1.32% to 2.69 on Friday August 24 from 2.65 in the previous trading session. Historically, Copper reached an all time high of 4.58 in February…

Pakistan - Economic Indicators Overview Last Reference Previous Range Frequency Last Reference Previous Range Frequency Unemployment Rate 5.9 % Dec/16 5.9 3.1 : 7.8 Yearly Inflation…

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…

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 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…