Market Daily: KSE 100 drops 117.91 points, settles at 45,488.86
LAHORE: The Pakistan Stock Exchange (PSX) opened the first trading session after the announcement of the Budget 2019 on a positive note....
A bank sold for just Rs1,000. Does it make any sense?
Profit demystifies the controversy over the sale of KASB Bank
Saudi Aramco appoints first woman executive to the board
DUBAI: Saudi Aramco, the world’s top oil company which is preparing to go public, said on Sunday it has appointed new members...
China eases restrictions on foreign ownership of securities ventures
BEIJING: China’s securities regulator has released new guidelines for foreign investment in Chinese security joint ventures in which it eased some restrictions...
Budget FY 2018-19: Major incentives announced for the stock market
Govt announces a gradual decrease in corporation tax rate of one percent each year, tax on bonus issuances abolished
Brokerages predict Amazon market cap could cross $1 trillion in value
*Investors have been debating for months which of the United States’ tech sector heavyweights - Alphabet Inc, Apple Inc and Amazon - would be first to top a $1 trillion
Bitcoin hysteria settles down as big players muscle into market
Worldwide regulatory crackdown has impacted trading volumes
Oil inches down but Brent ends week firmer on Iran concerns
* Brent hits third straight weekly rise, WTI falls this week
* Prices set for 5-6 pct monthly gain on fears over Iran sanctions
Budget 2018-19: KCCI members appreciate business friendly, ‘political’ budget
KARACHI: The federal government of Pakistan, through its State Minister and Advisor to the Prime Minister on Finance, Miftah Ismail presented its 6th budget...
Earnings Report: Searle declares EPS Rs3.4 for 3QFY18, down 32 per cent QoQ
The pharmaceutical segment of the company witnessed up to 20 per cent growth in revenues while the consumer segment posted up to 30 per cent growth during 3QFY18.
Amazon reports bumper profits, raises prices for US Prime subscribers
WASHINGTON: Amazon.com Inc more than doubled its profit on Thursday and predicted strong spring results as the world’s biggest online retailer raised...
Asian shares rise, after upbeat earning reports from US tech companies
The dollar index had set a 3-1/2-month high of around 91.637 on Thursday.
Oil prices edge lower, as Iran supply worries loom
Global benchmark Brent crude futures were down 29 cents, or 0.4 percent, at $74.45 a barrel by 0302 GMT, after rising 1 percent on Thursday
Pakistan Oxygen Ltd to invest Rs4.4 billion in country’s largest air separation plant
Air separation plant will be operational in Q2 2020, said the company.
Economic Survey 2017-18: Govt blames political uncertainty for missing growth targets
Miftah says highest growth rate of 5.79 per cent achieved in 13 years. Ahsan says all promises made by his party in its manifesto fulfilled.