Market Daily: Slow yet positive, KSE 100 gains 57.40pts

LAHORE: Investors at the Pakistan Stock Exchange (PSX) led a shaky start to the day following the recent exchange of tweets between...

Xiaomi seeks public listing, as Hong Kong eager for big tech IPOs in 2018

HONG KONG: Hong Kong bankers are eyeing a slew of blockbuster IPOs from Chinese technology firms with a total market capitalization of...

Brent crude ends year with 17pc gain, as WTI crude crosses $60

CALGARY: U.S. oil prices closed above $60 a barrel on the final trading day of the year, the first time since mid-2015,...

Gold touches three-month-high, as dollar extends its fall

NEW YORK/LONDON: Gold extended its rally to a three-month high on Friday, leaping toward its biggest one-year rise in seven years as...

OGDC makes gas discovery in Baratai block, Kohat, Khyber-Pakhtunkhwa

LAHORE: A bourse notification filed Friday by Oil and Gas Development Company (OGDC) revealed the joint venture of Baratai Block in which...

Asian shares higher, after Wall Street finished with modest gains

SEOUL: Asian stock markets mostly drifted higher on Friday after Wall Street finished with modest gains. KEEPING SCORE: Japan’s Nikkei 225 rose 0.3...

Oil prices peak, as US production falls

SINGAPORE: U.S. oil prices hit their highest levels since mid-2015 on the last trading day of the year as an unexpected fall...

PSX “Top 25 companies” for 2016 announced, Fauji Fertilizer takes the crown

KARACHI: The Acting MD, Haroon Askari, Pakistan Stock Exchange (PSX) on Thursday announced the top twenty-five companies of the year for 2016. Mr....

Asian stocks higher on back of stronger regional economic data

SEOUL: Asian markets were higher on Thursday in a quiet post-Christmas holiday trading as strong economic data from the region and in...

US stocks maintained a staggering run in 2017

NEW YORK: Taken a look at your stock portfolio lately? It’s a good bet it’s racked up solid gains this year. Wall Street...

Oil prices steady, as trading activity dries up ahead of new year

SINGAPORE: Oil prices were stable on Thursday with trading activity drying up ahead of the New Year weekend. Heading into 2018, traders said...

PICIC insurance set to merge into Crescent Star Foods

LAHORE: A bourse notification Tuesday filed by PICIC Insurance revealed the company's board of directors had approved its merger with Crescent Star...

Asian stock markets little changed, as trading remains light post-Christmas

BEIJING: Major Asian stock markets were little-changed Tuesday in light trading after the Christmas holiday. The Shanghai Composite Index gained less than 1...

Bitcoin rises 10 percent, to trade over $15,000

SINGAPORE: Bitcoin extended its recovery in holiday-thinned trading on Tuesday, rising 10 percent to be up more than a third from last...

Bitterness emerges, as stock brokers lament diminishing role in PSX affairs

Karachi: Pakistan Stock Exchange (PSX) has endured contrasting fortunes in 2017, in what has been a seesaw year for it. In 2016, PSX...