China’s consumers, factory output take a beating as economic gloom deepens
Retail sales rose 8.1 percent in November from a year earlier, data from the National Bureau of Statistics showed on Friday, below expectations for an 8.8 percent rise and the slowest since May 2003
PSX heads south on low turnover
Index loses 295 points; trading volumes decline by 42pc
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) witnessed another rough session on Thursday,...
Noor Financial to divest 5.96% stake in Meezan Bank
In August, according to a notice filed on the exchange, Meezan Bank Limited announced that Noor Financial Investment divested 0.85% of its shareholding
Rupee to weaken to Rs148 against greenback by end of FY19: Fitch Solutions
It expects the trade deficit to narrow over the coming months irrespective of oil price dynamics taking the country’s dollar shortage and recent rupee weakness into context
Stock market may hold up to eight IPOs in 2019
Arif Habib Group CEO expects the market to post a healthy run next year on back of improving macros and political...
PSX dips further by 544 points amid lack of triggers
KARACHI:Â In the absence of positive triggers, Pakistan Stock Exchange (PSX) witnessed another lazy session on Wednesday where indices traded in red all...
Foreigners bought Asian bonds in November as trade tensions fade
In November, Indonesian and Indian bonds led the regional inflows, attracting foreign money of $2.54 billion and $772 million respectively
Dollar hovers near month high on U.S. yield bounce, shaky pound
The dollar index versus a basket of six major currencies stood at 97.387 after rising overnight to 97.545, its highest since Nov. 13
Oil prices rise on Asian stock rally, OPEC-led cuts
International Brent crude oil futures were at $60.86 per barrel at 0543 GMT, up 66 cents, or 1.1 percent, from their last close
Systems Ltd granted Rs240m LRMIS contract in Balochistan
Initially, the execution will be carried out in four districts of Baluchistan namely Quetta, Gwadar, Jaffarabad and Pishin
PSX drops 447 points amid thin volumes
KARACHI:Â The Pakistan Stock Exchange (PSX) witnessed a dull session on Tuesday as indices kept shedding gains all day long while volumes remained...
Hubco completes acquisition of 37% stake in ThalNova
In April 2016, ThalNova had been granted a power generation licence for establishing a 330-megawatt coal-fired power plant at Thar coal mine south, Sindh
Asian shares mixed on concerns over trade, economic outlook
Japan’s benchmark Nikkei 225 lost 0.4 percent to 21,127.00 and South Korea’s Kospi added less than 0.1 percent to 2,055.07
Oil prices rise on Libyan export interruption, but markets remain weak
International Brent crude oil futures were at $60.19 per barrel at 0336 GMT, up 19 cents, or 0.3 percent, from their last close
PSX soars 737 points as bulls take charge
Govt's reassurance helped revive investor sentiment
KARACHI:Â Investor sentiment remained optimistic at the Pakistan Stock Exchange (PSX) on Monday following the meeting of...