KSE 100 jumps 1,055.41pts, anticipates Pakistan’s greylist removal
The KSE 100 index has gained 1,055.41 points in the very first hour of the trading session here on Wednesday
Market Weekly: Mixed sentiments, KSE-100 index gains 380 points WoW
Volumes during the week settled at 118 million shares (up by 7 per cent WoW) while value traded arrived at $41 million (up by 14 per cent WoW)
Market Daily: Investors choose to ignore Kartarpur as market dips 189.42 points
Investor participation was mixed on Tuesday as traded volumes declined by 6 per cent to 124 million, while the traded value rose by 1 per cent to $49 million.
Baltoro acquires stake in NBP funds
Baltoro made its first investment in Pakistan in 2016 by acquiring a stake in AGP Limited, a Karachi based pharmaceutical company
Foreigners sold Asian equities in October on worries over trade, slowing growth
Data from regional stock exchanges showed foreigners sold a net total of $14.54 billion in Taiwan, South Korea, India, Thailand, Philippines, Indonesia, and Vietnam equities in the last month
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
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
PSX stays afloat amid volatility, gains 66.74 points
Foreign investors continued to off-load on Wednesday once again with a net outflow of $1.06 million
Turkish arm of Abraaj looking to sever ties & become independent: Report
Canadian asset management group, Brookfield is said to be in negotiations with the Turkish entity of Abraaj to acquire it, according to people aware of the talks
KSE-100 index surges 965.21 points in intra-day trading, as economic uncertainty ends
The economic uncertainty had affected the capital markets, as the KSE-100 index plunged 1328 points on Monday and ended six consecutive sessions of losses for the investors who lost billions in the process
Asian shares tripped up by new U.S. tariff threat
U.S. President Donald Trump is likely to announce new tariffs on about $200 billion on Chinese imports as early as Monday.
Hong Kong-based investment bank returns to Pakistan’s capital markets. But why?
CLSA, a subsidiary of a Chinese state-owned company CITIC, has acquired a stake in Bank Alfalah’s securities trading arm Alfalah Securities
Abraaj shutting down London office, as woes mount
Earlier this week, Bloomberg reported Abraaj’s fund unit had received an offer of $1 from private equity firm Actis, sources aware of the development disclosed
CLSA to enter Pakistan’s brokerage & investment sector with investment in Alfalah Securities
In January, CLSA expressed keenness to enter the country’s banking sector, as it saw significant investment opportunities in Pakistan
Emerging market fund managers hunt for bargains after Turkey contagion
The selloff in emerging markets gathered momentum after U.S. President Donald Trump in March signed a memorandum targeting up to $60 billion in Chinese goods with tariffs, triggering fears of a global trade war