Market Daily: KSE 100 Index closes up 27.43 points, settles at 42,772.25

LAHORE: What an anticlimax to such a brilliant run-up from the 22nd of May, as market momentum fizzled out in the wake...

Oil prices edge lower, OPEC may ease supply curbs

OPEC may decide to raise oil output as soon as June due to worries over Iranian and Venezuelan supply

D.G Khan Cement announces completion of Pakistan’s largest cement plant

The cement produced in the trial run is being dispatched to customers. The announcement of commercial production will be made in due course of time, said D.G Khan Cement

Asian shares weak as Trump tempers Sino-U.S. trade optimism

MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2 percent, while Japan’s Nikkei lost as much as 1.4 percent to hit a 1-1/2-week low and the Shanghai Composite Index retreated 0.6 percent

NIC mandatory for buying/selling above $500: SBP

Exchange companies have expressed fears with the latest restriction, illegal traders would engage most of the sellers, which may lead to tightening of dollar supply in the kerb market.

Market Daily: KSE 100 nears 42,800 points, settles 1,100 points in the green

LAHORE: After the tepid but buoyant move on the first day of the week, market bulls woke up from their beauty sleep...

US, EU investors interested in buying combined 9.59 percent stake in Meezan Bank

The other major shareholders in Meezan Bank are Islamic Development Bank and Pakistan Kuwait Investment Co

Market Daily: KSE 100 settles positive, Moody’s maintains B3 stable

The index settled with minor alteration of 25.13 points at 41,648.65, positive after 6 sessions.

Investors revolt against Abraaj founder

Uproar against Arif Naqvi on alleged misuse of funds

Japan, EU ready to retaliate against US steel, aluminium tariffs

TOKYO/BRUSSELS: Japan has told the World Trade Organization (WO) Friday it was ready to take retaliatory measures against US tariffs on its steel...

Market Daily: KSE 100 sheds 4.52pc, highest weekly loss in 2018

KSE 100 closed at 41,624 points (-4.52 per cent WoW), highest weekly loss of 2018 amidst depleting foreign reserves and rising political noise ahead of general election 2018.

Master Wind Energy applies for listing on PSX

Master Wind Energy Limited, achieved commercial operations status on 14 October 2016 and was its first jump into the realm of renewable energy

Diamond Industries settles liabilities, hopes to resume business activities soon

LAHORE: Diamond Industries Limited (DIL) on Thursday said it had settled liabilities amounting to Rs352.166 million with Allied Bank Limited and Rs137,297,971...

Oil prices near $80 per barrel, as supplies tighten

The International Energy Agency (IEA) said on Wednesday that it had lowered its global oil demand growth forecast for 2018 from 1.5 million barrels per day (bpd) to 1.4 million bpd

Kuwait’s Noor Financial receives offer to divest part of Meezan Bank

LAHORE: Noor Financial Investment Company (Noor) has sought State Bank of Pakistan (SBP) permission for divestment of 9.59 percent of its 49.1...