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Yearly Archives: 2017

World Stock Markets

World Stock Markets updates

GULF MARKETS REBOUND A BIT AFTER SLIDE BECAUSE OF SAUDI GRAFT INQUIRY Gulf stock markets rebounded slightly on Thursday after a jittery week in which most dropped because of concern about Saudi Arabia’s anti-corruption purge, which could reduce Saudi fund …

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Stock market at a glance

Stock market at a glance

MARKET REVIEW Stock market remained volatile throughout the week, however the benchmark KSE100 index almost remained flattish, a decrease of 41pts WoW to 41,064pts. Political uncertainty coupled with deteriorating economic indicators has hampered the market participation as evident from a …

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Stock Watch

Stock Watch

RECOVERY WITNESSED ON MUTUAL FUNDS BUYING AS KSE-100 INDEX GAINS 372 POINTS SUMMARY SECP notification of relaxation the minimum 5 percent cash restriction for Asset Management Companies took positively by investors as Mutual Funds total buying during the week climbed …

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Stock Review

Stock Review

STOCKS RECOUP LOSSES, MUTUAL FUNDS AND INDIVIDUALS TO RAISE PARTICIPATION LEVELS During the week ended 10th November 2017, Pakistan Stock Exchange (PSX) recouped some of lost ground and the benchmark index inched higher to close at 41,436 points. The expectations …

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Technology

Technology News

PAKISTAN WITHHOLDING TAX EXEMPTION ON RS.100 CARDS PROPOSED: The Senate Standing Committee on Information Technology and Telecommunications Monday recommended for not deducting Withholding Tax (WHT) on mobile cards of Rs 100, as it is mostly consumed by people who are …

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Gulf

Gulf News

70% RESIDENTS NOT AWARE OF ‘FINANCIAL GOALS’ Around 70 per cent of the UAE residents are not sure what steps to take to achieve their financial goals, says a new survey released on Monday. The Financial Planning Survey, conducted by …

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Commodity

Commodity News

OIL MARKETS SPRING BACK AS OPEC, RUSSIA SUPPORT Oil prices held steady on Thursday after falling late in the previous session, supported by ongoing supply cuts led by OPEC and Russia. Brent futures were at $63.66 per barrel at 0246 …

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Shipping

Shipping News

BALTIC SEA FREIGHT INDEX RISES The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Wednesday, mainly driven by increased rates for capesize vessels. The overall index, which factors in rates for …

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Pakistan

Pakistan News

MINISTER EXPECTS EXPORTS TO DOUBLE BY NEXT YEAR Minister for National Health Services, Regulations and Coordination Saira Afzal Tarar informed the Senate on Monday of a substantial increase in pharmaceutical exports from the country, expecting them to double by the …

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India

India News This Week

JAITLEY’S 10% TAX ON INCOME FROM CARBON CREDITS A MIXED BAG MUMBAI/CHENNAI: The Finance Bill proposes to levy a tax of 10% on income earned on transfer of carbon credits. Such a tax will be levied on the gross income, …

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