GE shares tumble below $9 as JP Morgan analyst cuts price target
GE shares, which were booted from the blue-chip Dow Jones Industrial Average earlier this year, have now slumped some 50 percent in 2018 alone
Oil falls 1 percent, U.S. crude on longest losing streak since 1984
Brent slumped about 3.6 percent for the week and more than 15 percent this quarter
Rupee sheds Rs0.82 against dollar, closes at Rs133.84 in inter-bank market
In the open market, the rupee closed trading at Rs134 against the dollar according to currency dealers
PSX registers minor gain amid lack of direction
Index manages to gain 21.50 points in a volatile trading session
KARACHI:Â Volatility continued for the second consecutive session at the Pakistan Stock Exchange (PSX)...
Asian stock markets sink after Wall Street rally fades
The Shanghai Composite Index lost 1.3 percent to 2,614.37 and Tokyo’s Nikkei 225 retreated 0.8 percent to 22,310.16
Interloop, manufacturer of socks for Adidas, Nike set for IPO
Interloop intends to raise over Rs6.8 billion ($51 million) for expanding its sock manufacturing capacity by approximately 20% and enter the denim business
Dollar supported by hawkish Fed, yen bounces after hitting five-week low
The dollar index, a gauge of its performance against six major peers, traded at a fresh one-week high at 96.75
Oil prices fall into bear market on rising supply, economic concerns
Both Brent and WTI have declined by around 20 percent from the four-year highs they reached in early October
Amreli Steels to set up Rs 6.5 billion state-of-the-art rolling mill at Dhabeji
Expansion at SITE scrapped; Dhabeji to become the prime location
Govt decides to segregate revenue collection and tax policymaking powers
A separate committee will be set up soon and notified to devise a tax policy and include tax experts on the board
PSX closes in red amid volatile trading
Index traded in both directions before losing 176 pointsÂ
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) chose to liquidate positions on Thursday as...
PSX rebounds on economic clarity, index gains 585 points
KARACHI:Â It was a rewarding day at the Pakistan Stock Exchange (PSX) where the indices were seen climbing up all day long.
The bullish...
Bearish trend continues at PSX, index sheds another 535 points
KARACHI:Â Bearish sentiments continued to dominate Pakistan Stock Exchange (PSX) for the second consecutive trading session, where the indices were seen on a...
Asian shares mostly higher ahead of US midterms vote
Japan’s Nikkei 225 index jumped 1.1 percent to 22,147.75 and the Kospi in South Korea added 0.6 percent to 2,089.62
Toyota lifts full-year profit forecast on weaker yen
During the July-September quarter, it posted a 20 percent jump in sales in China, which helped to lift overall sales in Asia by 9.2 percent to 417,000 units during the period