PSX CEO, Richard Morin aims to provide protection to retail investors in bourse
KARACHI: Pakistan’s first foreign chief executive officer of Pakistan Stock Exchange (PSX) in almost seventy years has sought to provide protection to...
Asian stocks mixed in wait of expected U.S inflation data
TOKYO: Asian shares were mixed Wednesday with investors adopting a wait-and-see stance ahead of Lunar New Year holidays and the release of...
Asian stock markets ricochet from two-month lows
TOKYO: Asian stocks pulled further away from two-month lows on Tuesday, lifted by Wall Street’s extended rebound from last week’s steep fall,...
Oil prices rise, as global stock markets bounce back
SINGAPORE: Oil prices rose on Tuesday, lifted by a rebound in global stock markets that followed sharp falls last week.
U.S. West Texas...
Clover Pakistan to initiate due diligence for acquisition of Hascombe Business Solutions
LAHORE: A bourse notification filed Monday by Clover Pakistan Limited revealed its board of directors granted approval to initiate due diligence for...
ICI Pakistan’s soda ash expansion project starts operations
LAHORE: A bourse notification filed Monday by ICI Pakistan Limited disclosed phase I of its 150,000 tons per annum (TPA) expansion project...
Matco Foods concludes IPO, gets successfully listed on PSX
LAHORE: AÂ bourse notification filed Monday, Pakistan Stock Exchange (PSX) approved the application for listing and quotation of shares of Matco Foods Limited...
Market Daily: KSE 100 settles 492 points down WoW basis
LAHORE: After a bumpy start to the day, Pakistan Stock Exchange (PSX) managed to stand its ground in the second session. The...
Global oil prices for sixth consecutive day, as US output hit record highs
TOKYO: Oil prices fell for a sixth day on Friday after Iran announced plans to boost production and U.S. crude output hit...
Asian stock markets plunge, after heavy declines on Wall Street
BEIJING: China’s stock market benchmark plunged 5.5 percent on Friday and other Asian markets were off sharply after the Dow Jones industrials...
Market Daily: KSE-100 index in the red again, declines 416.62 points
LAHORE: Wednesday’s gains on the Pakistan Stock Exchange (PSX) reversed on Thursday, as investors fretted and with sentiments mixed in global markets...
Engro Fertilizer profits dip 2.17 percent, sales decline 9pc for FY 2017
LAHORE: A bourse notification filed Thursday by Engro Fertilizer announced its financial year results for the year ending December 30th, 2017.
The results...
Bitcoin driving investor insanity, appetite for alternative investments
LAHORE: Bitcoin and other cryptocurrencies since last two months have experienced wild swings as they slam dunked and rose again.
From reaching all-time highs in...
Japan’s corporate regulator to investigate more cryptocurrency exchanges
TOKYO: Japan’s financial regulator will this week launch on-site checks of several cryptocurrency exchange operators potentially vulnerable to cyber-attacks, and may widen...
Faysal bank set to acquire 50 percent stake in Faysal asset management ltd
LAHORE: A bourse notification filed Thursday by Faysal Bank Limited disclosed its plan to acquire 50 percent shares in its associate Faysal...