Interloop, manufacturer of socks for Adidas, Nike set for IPO
Interloop intends to raise over Rs6.8 billion ($51 million) for expanding its sock manufacturing capacity by approximately 20% and enter the denim business
Dollar supported by hawkish Fed, yen bounces after hitting five-week low
The dollar index, a gauge of its performance against six major peers, traded at a fresh one-week high at 96.75
Oil prices fall into bear market on rising supply, economic concerns
Both Brent and WTI have declined by around 20 percent from the four-year highs they reached in early October
Amreli Steels to set up Rs 6.5 billion state-of-the-art rolling mill at Dhabeji
Expansion at SITE scrapped; Dhabeji to become the prime location
PSX closes in red amid volatile trading
Index traded in both directions before losing 176 pointsÂ
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) chose to liquidate positions on Thursday as...
PSX rebounds on economic clarity, index gains 585 points
KARACHI:Â It was a rewarding day at the Pakistan Stock Exchange (PSX) where the indices were seen climbing up all day long.
The bullish...
Bearish trend continues at PSX, index sheds another 535 points
KARACHI:Â Bearish sentiments continued to dominate Pakistan Stock Exchange (PSX) for the second consecutive trading session, where the indices were seen on a...
Asian shares mostly higher ahead of US midterms vote
Japan’s Nikkei 225 index jumped 1.1 percent to 22,147.75 and the Kospi in South Korea added 0.6 percent to 2,089.62
Toyota lifts full-year profit forecast on weaker yen
During the July-September quarter, it posted a 20 percent jump in sales in China, which helped to lift overall sales in Asia by 9.2 percent to 417,000 units during the period
Dollar keeps to tight ranges as investors brace for U.S. elections
The dollar index, which measures the performance of the greenback against six key rivals, was basically flat at 96.319, moving in a range between 96.315 and 96.334
China says ready for U.S. talks, sees no winners in trade war
Beijing and Washington have imposed tit-for-tat duties on each other’s goods over recent months, with neither side backing down from an increasingly bitter trade dispute that has jolted financial markets and cast a pall over the global economy
Abraaj fund investors hire Duff & Phelps to help recover money: sources
The advisory firm will seek to trace an estimated $33 million owed by Abraaj relating to the Infrastructure and Growth Capital Fund
Oil drops on Iran sanction exemptions, economic concerns
International Brent crude oil futures were down 28 cents, or 0.4 percent, at $72.89 a barrel
PSX closes 510 points down on selling pressure
KARACHI: It wasn’t the best start to the week for investors at the Pakistan Stock Exchange (PSX), as the market came under selling...
KSE-100 index crashes 906.5 points during intra-day trading
The market had been buoyed through most of last week gaining over 1,400 points in week and first time since April that all five sessions of the week closed in green