Dubai’s financial markets down 3.1pc, led by real estate sector
Dubai stocks hit a 27-month low on Thursday on the back of sharp falls in the real estate market and a drop in liquidity levels.
Market Daily: 60 points help KSE 100 break the losing streak
Cement and oil sectors helped index turn green after 7 consecutive sessions
SECP approves 7 new independent directors for PSX
The Securities and Exchange Commission of Pakistan (SECP) Wednesday selected seven new independent directors of the Pakistan Stock Exchange (PSX).
Market Daily: Indices feel the heat post budget, sheds 271pts
Having lost 680.33 points intraday to reach levels of 43,386.63, market bulls tried hard to stage a recovery after noon. Their efforts paid off to some extent and the index ended short of 271.96 points at 43,795.00.
Smartphone makers cramming devices with more memory to satisfy consumers
Global smartphone shipments fell 2 percent in the first quarter, following a 9 percent drop in the fourth quarter, according to market research firm StrategyAnalytics
Asian shares rise, boosted by technology stocks
MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.6 percent, with information technology shares rising 1.2 percent. Japan’s Nikkei was 0.3 percent higher
Oil prices retreat from 3.5 years high, as market awaits Trump decision on Iran
Brent crude futures were down 63 cents, or 0.8 percent, at $75.54, having jumped 1.7 percent to settle at $76.17 a barrel in the previous session
Market Daily: PSX bleeds after a strong upwards intraday rally
The market lost 158 points on Monday, closing at 44,379 index points.
Miftah reaffirms conducive business environment for investors
ISLAMABAD: Minister for Finance Dr Miftah Ismail Monday reaffirmed the government's commitment to providing a conducive business environment for local and foreign...
Apple, Warren Buffet saw an opportunity and they acted
Apple and Warren Buffett, two biggest players in the iPhone maker’s shares -bought nearly one of every 10 Apple shares traded during the quarter.
Dollar resurgence halting emerging market rate cut cycle
With the dollar on the rise, emerging currencies have weakened some 3 percent in the past two weeks, as measured by a JPMorgan index
Engro corporation to invest $21.375 million in Siddiqsons energy
Siddiqsons Energy Limited is a special purpose vehicle (SPV) established to develop around 330 megawatts of Thar coal-fired power generation facility in Block II, district Tharparkar Sindh on a build, operate and own basis
PSX performance remained conflicting to expectations last week: Report
A Bloomberg report said KSE-100 index had been amongst the best-performing stocks in the Asia emerging market (EM) stock index but pre-election uncertainties could jeopardize the rally
Asian shares go up, as US crude crosses $70
Oil prices hit their highest in more than three years as global supplies remained tight and the market awaited news from Washington on possible new U.S. sanctions against Iran
Oil prices hold firm, as Iran tensions keep market on edge
Brent crude oil futures were at $74.94 per barrel at 0035 GMT, up 7 cents, or 0.1 percent, from their last close