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...
Amid economic fears and rumours, PSX plunges over 1,900 points
This was the largest weekly fall in 67 weeks
KARACHI:Â The capital market recorded a drop of more than 1,900 points, largest weekly...
With PM taking personal interest will the K-Electric deal finally materialize?
On news of SEP’s delegation meeting with the PM, led to a surge in selling and buying of K-Electric shares and it ended Friday as the market volume leader with 13.90 million shares traded
China’s November export, import growth shrinks; surplus with U.S. record high
China’s trade surplus with the United States was $35.55 billion in November, a record high and compared with $31.78 billion in the preceding month
Uber makes confidential filing for long-awaited IPO
Uber’s valuation in its most recent private financing was $76 billion, and it could be worth $120 billion in an IPO
PLL convinces Gunvor to supply rescheduled LNG cargo in December
PLL has also called tenders for supply of additional LNG cargo's to the country during January and February 2019, said sources
Asia oil and LNG markets are both swamped, so why are prices poles apart?
Oil markets moved from backwardation in October into contango from November due to an emerging glut & LNG markets are also clotted, with several tankers storing the fuel sitting off the region’s energy trading hub of Singapore
OPEC yet to agree final deal as Iran seeks exemptions: sources
VIENNA: Iran appears to be the main obstacle for an OPEC oil output deal on Friday as the group’s leader Saudi Arabia...
Dollar struggles on Fed pause talk ahead of jobs data
The dollar index, which measures the greenback against a basket of six major peers, was virtually flat at 96.802
GE’s push to fix power turbine problem goes global
GE is setting aside $480 million to repair its 9HA, 7HA and 9FB model turbines as it restructures its power business
KSE-100 index plunges 497.25 points during intra-day trading
On Thursday, the KSE-100 index slumped 1,002 points to ‘division’ in govt ranks as Indices on Thursday saw a continuous decline amid economic uncertainty
Asian shares rise on Wall Street gains amid trade friction
Japan’s benchmark Nikkei 225 added 0.1 percent to 21,524.02, and Australia’s S&P/ASX 200 gained 0.5 percent to 5,685.50 in early trading
Oil drops as OPEC makes supply cut dependent on Russian support
Oil producers have been hit by a 30 percent plunge in crude prices since October as supply surges just as the demand outlook weakens amid a global economic slowdown
PSX loses 1,002 points to ‘division’ in govt ranks
KARACHI:Â The misery for investors at the Pakistan Stock Exchange (PSX) seems to be getting worse with each passing day. Indices on Wednesday...
Pakistan LNG says Gunvor, Trafigura, Vitol qualify to supply spot LNG
Pakistan LNG is seeking three LNG cargoes for delivery over Jan. 21-22, Feb. 3-4 and Feb. 21-22