Will the new boss at the PSX clean house?
The new CEO of the country’s only stock exchange has big plans to expand investor participation in Pakistan. But does he dare take on the power of the brokers?
Market Daily: KSE 100 settles positive, Moody’s maintains B3 stable
The index settled with minor alteration of 25.13 points at 41,648.65, positive after 6 sessions.
Bitcoin struggles to hold prices above $8,000
The price of Bitcoin fell to as little as $7,931.43 on Friday on the CoinDesk Bitcoin Price Index (BPI).
Market Daily: KSE 100 sheds 4.52pc, highest weekly loss in 2018
KSE 100 closed at 41,624 points (-4.52 per cent WoW), highest weekly loss of 2018 amidst depleting foreign reserves and rising political noise ahead of general election 2018.
Market Daily: A good effort by the bulls yet KSE 100 sheds 39.33pts
The indices carried on weak sentiments from the last session and lost over 1 per cent in the first hour of trading, however, were quick to recover.
Abraaj to sell fund management unit, K-Electric to resolve liquidity issues
Abraaj met with banks, including Societe Generale and Mashreqbank that have the biggest exposure, sources said
Abraaj’s reputation nosedives over allegation of misused funds
Abraaj has seen a wave of investments get sidelined, a shake-up of its top management, talks of divestment of its investment arm collapse and questions over misuse of funds by leading investors like Melinda Gates Foundation continue
Dubai’s financial markets down 3.1pc, led by real estate sector
Dubai stocks hit a 27-month low on Thursday on the back of sharp falls in the real estate market and a drop in liquidity levels.
Market Daily: Indices feel the heat post budget, sheds 271pts
Having lost 680.33 points intraday to reach levels of 43,386.63, market bulls tried hard to stage a recovery after noon. Their efforts paid off to some extent and the index ended short of 271.96 points at 43,795.00.
For the Average Joe, where to invest is the question
Should one dabble into stocks, venture into the real estate or stay with the good old banks for a next-to-nothing yield?
Economic Survey 2017-18: Govt blames political uncertainty for missing growth targets
Miftah says highest growth rate of 5.79 per cent achieved in 13 years. Ahsan says all promises made by his party in its manifesto fulfilled.
Japan keen to invest in human resource development in Pakistan
ISLAMABAD: The 5th Pakistan - Japan high-level economic policy dialogue was held on April 26, 201,8 in Islamabad. The high-level dialogue is...
PM invites investors from UAE to invest in Pakistan
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi Wednesday invited investors from the United Arab Emirates to focus on investment in power, oil and...
Market Daily: KSE settles 323.10 points down amidst profit taking
LAHORE: Inertia from Tuesday helped stage a buoyant open as the KSE 100 index touched an intraday high of 46,004 (0.44 per...
ISL posts highest quarterly sales at Rs12.6bn, up 32pc YoY
LAHORE: International Steels (ISL +0.32 per cent) in a notification to Pakistan Stock Exchange (PSX) on Tuesday, released its financial results for...