Economic relief boosts investor confidence, PSX up by 231 points

KARACHI: The Pakistan Stock Exchange (PSX) continued its winning streak for the fifth successive session with bulls dominating trade screens all day...

Wall Street hit again by growth worries; blue-chip earnings prop up Dow

The S&P 500 and the Nasdaq dropped on Wednesday as U.S. stocks gave up a strong start, hamstrung by lingering concerns over...

PSX continues to flourish amid improved investor confidence

KSE 100 index gains 155 points, closes in green for the fourth consecutive session KARACHI: Optimism in the market continued for the fourth consecutive...

PSX gains 358 points on mini-budget optimism

Index has surged by 5.02pc since Jan 1 KARACHI: The Pakistan Stock Exchange (PSX) piled up gains for another session as the prime...

Toyota, Panasonic announce electric car battery tie-up

Toyota boss Akio Toyoda wants half of the firm's global sales to come from electric-powered vehicles by 2030 TOKYO: Toyota announced on...

Gold near three-week lows as firmer dollar dents safe-haven appeal

Spot gold fell 0.1 percent at $1,278.77 per ounce by 0546 GMT, after touching its lowest since Dec. 28 at $1,276.31 on Monday

Dollar holds firm as global growth concerns support safe-havens

The dollar index, which measures its strength against a group of six major currencies, was steady at 96.33, holding near a 2-week high of 96.43 hit on Monday

Asian shares decline on concerns over global, China slowdown

Japan’s Nikkei 225 index shed 0.7 percent to 20,573.28 and the Kospi in South Korea sank 0.7 percent to 2,110.62

China’s fourth quarter GDP growth dented by services, agriculture despite construction rebound

Services grew 7.4 percent from a year earlier, slowing from 7.9 percent in the third quarter, while growth in agriculture slowed to 3.5 percent from 3.6 percent, the National Bureau of Statistics (NBS) said

Mini-budget expected to announce incentives to bolster capital markets

As per an official, over-regulation of brokers would be controlled to facilitate equity investments

IMF cuts global growth outlook, cites trade war and weak Europe

The IMF also cut its 2019 growth forecast for developing countries to 4.5 percent, down 0.2 percentage point from the previous projection and a slowdown from 4.7 percent in 2018

PSX closes in green as index gains 237 points

KARACHI: Bulls of the Pakistan Stock Exchange (PSX) strengthened their dominance on Monday, as the indices opted upward trajectory right from the from...

Attock Cement concludes civil, mechanical and electrical work on Iraq project

In May 2013, Attock Cement had announced plans to invest $25 million in a new grinding plant in Basra, Iraq

GSKCH paid-up capital increases post merger

In a notification sent to the Pakistan Stock Exchange (PSX), GSKCH Pakistan said the shareholding of its holding company GlaxoSmithKline Consumer Healthcare B.V is now 100,423,259

GSK Chairman Hampton to step down ahead of split

The announcement comes a month after GSK’s Chief Executive Emma Walmsley announced her boldest plans yet - to split the company into two businesses — one for prescription drugs and vaccines, the other for over-the-counter products