Unintended outcome as food festival ends up attracting real estate investors
LAHORE: The recently held Coca-Cola Food and Music Festival – Coke Fest at Lake City Golf and Country club has surprisingly helped push...
Market Daily: PSX sheds 294 points, starts the week in red
LAHORE: Pakistan Stock Exchange (PSX) started yet another week in the red as indices kept shedding points from the very beginning. With...
Clover Pakistan to initiate due diligence for acquisition of Hascombe Business Solutions
LAHORE: A bourse notification filed Monday by Clover Pakistan Limited revealed its board of directors granted approval to initiate due diligence for...
ICI Pakistan’s soda ash expansion project starts operations
LAHORE: A bourse notification filed Monday by ICI Pakistan Limited disclosed phase I of its 150,000 tons per annum (TPA) expansion project...
Matco Foods concludes IPO, gets successfully listed on PSX
LAHORE: AÂ bourse notification filed Monday, Pakistan Stock Exchange (PSX) approved the application for listing and quotation of shares of Matco Foods Limited...
How bitcoin’s plunge may have been a precursor to market turmoil
NEW YORK: A volatile area of the market may have been a harbinger of the stock market's worst week in two years.
Fundstrat...
Eight signals to watch that the US stock rout is over
NEW YORK:Â Stock investors on Monday will be seeking to divine if the deepest weekly slide since January 2016 will continue or if...
IMF’s Lagarde says market swings aren’t worrying, but wants reforms
DUBAI: Sharp swings in global financial markets in the past few days are not worrying since economic growth is strong but reforms...
Abraaj claims to have gotten clean chit from KPMG
LAHORE:Â The Abraaj Group, one of the largest and most influential private equity funds in the developing world made headlines last week after...
Market Daily: KSE 100 settles 492 points down WoW basis
LAHORE: After a bumpy start to the day, Pakistan Stock Exchange (PSX) managed to stand its ground in the second session. The...
Global oil prices for sixth consecutive day, as US output hit record highs
TOKYO: Oil prices fell for a sixth day on Friday after Iran announced plans to boost production and U.S. crude output hit...
Asian stock markets plunge, after heavy declines on Wall Street
BEIJING: China’s stock market benchmark plunged 5.5 percent on Friday and other Asian markets were off sharply after the Dow Jones industrials...
AGP IPO: Book-building process ends up in strike price of Rs80
LAHORE: The book-building process of the Initial Public Offering (IPO) of AGP Limited, one of Pakistan’s leading pharma companies has resulted in...
Market Daily: KSE-100 index in the red again, declines 416.62 points
LAHORE: Wednesday’s gains on the Pakistan Stock Exchange (PSX) reversed on Thursday, as investors fretted and with sentiments mixed in global markets...
Engro Fertilizer profits dip 2.17 percent, sales decline 9pc for FY 2017
LAHORE: A bourse notification filed Thursday by Engro Fertilizer announced its financial year results for the year ending December 30th, 2017.
The results...