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Yearly Archives: 2017

World Stock Markets

World Stock Markets updates

BULLISH SPELL DEEPENS AT PSX A bullish trend continued on Pakistan Stock Exchange (PSX) and the benchmark KSE-100 gained another 351.01 points to end at the level of 49,364.83 points on Friday. The daily trading volumes increased to 459.724 million …

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Stock market at a glance

Stock market at a glance

MARKET REVIEW Index started the week with the much anticipated correction but staged a recovery towards the latter half of the week as some positive stimulus provided the support. KSE-100 closed the week at 49,365pts with a marginal WoW increase …

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Stock Watch

Stock Watch

BULLS BREAK LOSING STREAK TO TOSS INDEX ABOVE 49,000 SUMMARY Pakistan stocks continued its decline on Monday, Tuesday and Wednesday shedding 568 points. Finally in the last two days bulls took over and added 723 points to close at 49,364.83 …

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Stock Review

Stock Review

CHINESE CONSORTIUM ACQUIRES 40PC STAKE IN PAKISTAN STOCK EXCHANGE The purchase agreement of 40 percent stake in Pakistan Stock Exchange (PSX) by a Chinese consortium, which had emerged as the highest bidder for acquiring 40 percent stake in PSX was …

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Technology

Technology News

PAKISTAN: A FEW GOOGLE HOME OWNERS ALREADY HAVE BLUETOOTH ENABLED: At Google I/O 2017, the company proclaimed that it is working to let owners of Google Home use Bluetooth streaming. It will be available soon on Google Home, which lets …

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Shipping

Shipping News

NEWBUILDING ACTIVITY RETURNS BUT ON ‘SNAIL PACE’ It seems that the trend set in 2016, when newbuilding orders hit a multi-year low is going to spill over to 2017 as well, with the majority of ship owners shying away from …

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Gulf

Gulf News

KUWAIT PLANS TO MANAGE ITS OWN ASSETS AS WORLD’S FIFTH LARGEST SOVERIGHT WEALTH Davos, Dubai: Kuwait Investment Authority is planning to manage more of its own assets as the world’s fifth-largest sovereign wealth fund seeks to take more risk to …

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Pakistan

Pakistan News

PKR: LITTLE CHANGES The rupee moved slightly in relation to the dollar on Friday in the process of trading, Kamal Hayder, Research Analyst-PAGE said. The rupee gave up overnight gains in relation to the dollar for buying and selling at …

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Commodity

Commodity News

CHINA SCRAPS MORE THAN 100 POWER PLANTS China has announced plans to cancel more than 100 coal plants currently in development, scrapping what would amount to a massive 120 gigawatts (GW) of coal-fired electricity capacity if the plants were completed. …

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India

India News This Week

DROUGHT HITS SUGAR PRICES IN INDIA The two years of drought and climate-related challenges are creating a whiplash in sugar prices as largest producer Maharashtra struggles to supply the nation. And though as households, we spend only 3% of our …

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