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Yearly Archives: 2018

World Stock Markets

World Stock Markets updates

US stocks soar, S&P 500 at five-month high US stocks rose slightly on Friday, putting the S&P 500 at its highest closing level in more than five months, as gains in industrials and other areas offset a drop in financials …

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Stock market at a glance

Stock market at a glance

Market Review The period under review (Friday-Thursday) remained flattish owing to lack of triggers and increasing political uncertainty in the country. A declaration of PKR1.8trn under tax amnesty scheme also failed to lift the market sentiments where the index closed …

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Stock Watch

Stock Watch

Value hunters diluted political uncertainty as stocks stay flat Summary KSE-100 Index trailing near 39,000 level has made the stocks very attractive for those investors who could not get this low value if it is predicted to go up in …

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Stock Review

Stock Review

Stocks ends above 40,000 mark amid political, economic woes The benchmark Index of Pakistan Stock Exchange (PSX) managed to close the week on higher note as it ended at 40,271 level on July 13, 2018. Despite starting the week with …

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Gulf

Gulf News

Some investors want new Abraaj review Some investors in funds managed by Dubai-based Abraaj want to block the sale of assets to Colony Capital pending a review of Abraaj’s handling of funds, according to a report seen by Reuters, potentially …

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India

India News This Week

India’s June trade deficit highest in 5 years, and this is the biggest reason India’s trade deficit widened to its highest in more than five years in June, the trade ministry said on Friday, driven largely by a surge in …

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Pakistan

Pakistan News

ICCI shows concerns over high trade deficit The Islamabad Chamber of Commerce and Industry (ICCI) has shown concerns over a record high trade deficit that has touched $37.7 billion during the fiscal year 2017-18, stating that it would put more …

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Shipping

Shipping News

Dry bulk shipping stocks poised to jump Given all the focus on trade between the US and China, it is interesting that the financial media seem to have missed the most salient indicator. No, it’s not a tweet or a …

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Technology

Technology News

PAKISTAN: Jazz and Careem Collaborate to Provide Exciting Offers to Users: Jazz has collaborated with Careem to offer various promotions to its subscribers throughout the year. Subscribers can use the promo code ‘JAZZSUPER4G’ when booking a ride through the Careem …

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Commodity

Commodity News

Oil prices manage to close higher Oil prices rose about 1 percent on Friday as strike actions in Norway and Iraq hit supplies, but futures were set for a second straight week of decline after Libyan ports reopened and on …

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