KSE-100 index nosedives 1236.69 points
The KSE-100 index fell by 9% in last two weeks, the worst performance in three-and-a-half years, where the market reached its 27-month-low, wiping the index by another 4% and lost Rs361 billion in the shape of market capitalization
Gold rises as falling markets burnish appeal
Spot gold was up 0.4 percent at $1,222.0 an ounce at 0417 GMT, and not far off last week’s two-month high of $1,226.70
Asian stocks slip on continuing global trade worries
Japan’s benchmark Nikkei 225 dipped 1.2 percent to 22,426.32, while Australia’s S&P/ASX 200 slipped nearly 1.1 percent in early trading to 5,832.00. South Korea’s Kospi inched down 0.2 percent to 2,156.56
Rupee plunges by Rs1.31 against dollar in inter-bank market
On Friday, the rupee had regained a further Rs1.87 or 1.4% against the dollar in inter-bank trading to close at Rs131.9318
Dollar firmer as fresh Brexit worries weigh on sterling, euro
The dollar index, a gauge of its value against six major peers, was up 0.1 percent at 95.31
FBR unearths 16,000 tax evaders with investments in realty sector
In the last two years, over 80,000 transactions worth around Rs800 billion (according to deputy commissioner rates) were recognized however the market value of these transactions is probably going to be much higher than the aforementioned figure
Oil prices rise amid Saudi tensions, but demand outlook drags
Brent crude had risen 98 cents, or 1.22 percent, to 81.41 a barrel by 0124 GMT, on track for its biggest daily gain since Oct. 9
Saudi stocks dive 7pc, wiping out 2018 gains
The oil-rich kingdom comes under increasing int’l pressure over the disappearance of journalist
AGENCIES:Â Saudi stocks dived 7 per cent in early trading on...
PSX under heavy selling pressure for second consecutive week
'Index falls by 9pc in two weeks, the worst performance in three-and-a-half years'
KARACHI:Â The Pakistan Stock Exchange (PSX) came under heavy selling pressure...
PSX closes week in red, loses 880 points amid uncertainty
KARACHI:Â Trading at the Pakistan Stock Exchange (PSX) suspended on Friday with index bleeding red. Sell-off continued with indices recording their fresh 52-...
Rupee rebounds by Rs1.87 against dollar in inter-bank market
This was the third consecutive day that the rupee recovered Rs3 of its value against the dollar, resulting in a cumulative gain of 7.14% since touching Rs140 in the kerb market on Tuesday
IMF warns trade friction, market turmoil to hurt Asian growth
The IMF maintained its forecast that Asia’s economy will expand by 5.6 percent this year but cut its projection for next year to 5.4 percent, down by 0.2 points from April
Asia shares bounce after rout, but sentiment fragile
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.3 percent, led by gains in South Korea and Taiwan
PEC asks govt to announce Diamer-Bhasha Dam public limited company
The PEC urged the government to float its shares on the stock market for public subscription, which would allow to raise funds for the Diamer-Bhasha dam
Oil prices rise, but still set for weekly fall amid equities rout
OPEC cut its forecast of global demand growth for oil next year for a third straight month, citing headwinds facing the broader economy from trade disputes and volatile emerging markets