Market Daily: Trading ends at a dull note, sheds 17.80 points
LAHORE: The benchmark index closed lower by -0.04 per cent shedding -17.80 points on the last day of the week. The KMI...
Russia remains biggest supplier of crude oil to China
BEIJING: Russia held its position as China’s top crude oil supplier for the eighth month in a row in October, customs data...
US crude oil touches two-year highs, as supplies tighten
SINGAPORE: U.S. crude oil hit fresh two-year highs on Friday, as the shutdown of a major crude pipeline from Canada to the...
Asian stock markets decline, as focus shifts to Chinese markets
TOKYO: Asian stock markets were mostly lower Friday with investors finding little guidance with Wall Street closed for the Thanksgiving holiday and...
PIA fails to deposit Rs6 billion federal excise duty to FBR
ISLAMABAD: Pakistan International Airlines (PIA) miseries keep worsening as it has been learnt that it failed to deposit Rs6 billion as Federal...
Zafar Abdullah meets PSX Board of Directors and TREC holders
KARACHI: Securities and Exchange Commission of Pakistan Chairman Zafar Abdullah along with his team of senior officials of Commission visited the Pakistan...
Shariah Advisory Board approves Shariah-compliant trading counter at PSX
KARACHI: SECP’s Shariah Advisory Board (SAB) in its 9th meeting reviewed the proposal of Shariah-compliant trading counter submitted by Pakistan Stock Exchange....
Goldman Sachs contests S&P’s “Fragile Five”rating for Pakistan and other countries
LAHORE: Goldman Sachs Asset Management and other renowned money managers have contested Standard & Poor’s Global ratings for “Fragile Five” members which...
Asian stock markets flat, as Fed plots interest rate rise in US
TOKYO: Asian stock markets were largely flat on Thursday with investors in the U.S. markets going on a Thanksgiving holiday and the...
Oil prices slightly down, as US crude reaches two-year highs
SINGAPORE: Oil prices eased on Thursday, with U.S. crude dipping away from two-year highs reached the day before, but the shutdown of...
Honda Atlas posts 10 percent profit increase for July-Sept quarter
KARACHI: In a bourse notification Wednesday. Honda Atlas Cars announced an increase in profits of 10pc touching Rs1.62 billion for the second...
Market Daily: Market fails to impress, rumours of takeover spark interest in K-Electric
LAHORE: Pakistani equities opened on a buoyant note, swiftly surging to a high of 40,742 points (+193 points) led by E&Ps where...
SECP orders inquiry into leakage of trading information
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has ordered an investigation into the leakage of trading information of Pakistan Stock Exchange...
Market Daily: KSE100 gains mere 231.90
LAHORE: The benchmark KSE 100 dropped below the lowest value of the year, 40,316.93, trading on Tuesday. The index has been contracting...
Bitcoin breaks $8,000 barrier to touch record-highs
LONDON: Bitcoin hit a new record high on Monday after smashing through the $8,000 (£6,043.6) level for the first time over the...