Bulls dominate play at PSX, index gains 435 points
KARACHI:Â It was a happy day for investors at the Pakistan Stock Exchange where bulls finally gave up on sleep and came back...
Asian stocks higher after Wall Street fall, Brexit approval
The Shanghai Composite Index rose 1 percent to 2,659.12 and Hong Kong’s Hang Seng added 1 percent to 25,907.2
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
GNL set to launch Renault trucks in Pakistan
GNL will be responsible for the import, distribution and after-sales service of the three new ranges and also the CKD assembly at its manufacturing site located at Port Qasim, Karachi by the end of next year
Euro, pound firmer after Brexit deal but broader concerns support dollar
The recent correction in the dollar index has been due to rallies in the euro and sterling, which together constitute around 70 percent of the weight in the index
Oil prices resume decline on oversupply worries
Since early October, oil prices have lost around a quarter of their value as supply soars just as demand is expected to slow down along with an economic downturn
PSX fails to sustain gains, loses 158 points
KARACHI:Â The Pakistan Stock Exchange (PSX) once again went under the control of bears, as indices that opened positive swung in both directions...
China to boost grain imports from ‘Belt & Road’ countries amid Sino-U.S. trade spat: Official
The country’s meat demand could hit 123 million tonnes while demand for grain is expected to peak at 750 million tonnes, the researcher added, without saying when those numbers would be reached
Gold edges up as dollar dips from multi-month high
The dollar index, which measures the greenback against a basket of six major currencies, was down about 0.2 percent, pulling back from a 16-month high
Oil extends slide from 7 percent slump the day before as outlook darkens
Crude oil has lost over a quarter of its value since early October in what has become one of the biggest declines since prices collapsed in 2014
Pakistan escapes downgrade to frontier by MSCI, UBL & Lucky Cement stocks demoted
United Bank Limited and Lucky Cement have been removed from the MSCI Global Standard Index Pakistan and have been demoted to MSCI Global Small Cap Indexes
FBR to probe 25 aviation companies amid fraud allegations
The Federal Board of Revenue (FBR) has received reports of misappropriation in the income tax and federal excise duty by several aviation...
Pakistan risks foreign investment with threat to reopen LNG deals: Former PM
Exxon Mobil returned to Pakistan in May with an investment in an offshore drilling project. It has expressed interest in building an LNG terminal in the country
Late recovery helps PSX close in green
KARACHI:Â The Pakistan Stock Exchange (PSX), following the trend from the last trading session, started the day in red on Tuesday but took...
KSE-100 index posts 7.8% YoY increase in profit for nine months of 2018
Profitability of KSE-100 index increased by 0.8% YoY during the third quarter of 2018