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Yearly Archives: 2017

Forex

Forex Weekly Updates

GBP/USD WEEKLY OVERVIEW On Monday Pound hit down around 0.2% against the Dollar at $ 1.2790. It is expected that positive economic data would be an important driver for Sterling. In fact Sterling out performed the Dollar and climbed 0.3% …

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World Stock Markets

World Stock Markets updates

PAKISTAN STOCKS SUFFER FURTHER DECLINE The stock market suffered a further decline on Friday as investors resorted to profit-booking ahead of weekend and weakening global crude prices brought down shares of oil companies. At close, the Pakistan Stock Exchange’s (PSX) …

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Stock market at a glance

Stock market at a glance

MARKET REVIEW The index lost its momentum in the current week as results announced by companies failed to excite investors. Furthermore, political uncertainty still steaming in the background kept investors at bay. This led the market down 0.8%WoW to close …

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Stock Watch

Stock Watch

KSE-100 INDEX STAYS JERKY UNDER CORPORATE RESULTS AND POLITICAL UNCERTAINTY SUMMARY The first week after Panama case verdict saw the KSE-100 Index seeking direction in the market as it gained in two sessions Monday and Wednesday while Index dipped negative …

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Stock Review

Stock Review

MOU FOR LISTING OF SME WITH PSX A MAJOR STEP TOWARDS SUPPORTING SMEs KSE-100 Index dropped yet another 180 points to close in red at 49,300 levels on the last trading session of the week on Friday. According to market …

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Technology

Technology News

PAKISTAN: PTA INVITED APPLICATION FROM INTERESTED IN ESTABLISHING AN ELECTRONIC PLATTFORM: Pakistan Telecommunication Authority ( PTA ) has invited application from participants interested in establishing an electronic platform that would enable mobile bank account holders to conduct financial transactions across …

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Gulf

Gulf News

DUBAI WEEK IN CHINA Dubai: The annual “Dubai week in China” will take place this year in Shenzhen, considered one of China’s the most innovative cities with the one of fastest-growing economies. “Dubai week in China” has previously been held …

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Commodity

Commodity News

EDIBLE OIL PRODUCERS TO CUT PRICES BY 15PC In a major relief for consumers, edible oil producers are looking to cut their product prices by up to 15 percent effective immediately to pass on the similar fall in global markets …

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Shipping

Shipping News

BALTIC DOWN ON WEAKER PANAMAX, SMALLER VESSEL RATES The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday on weaker rates for panamaxes and smaller vessels, even as rates for capesizes rose. …

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