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Yearly Archives: 2018

World Stock Markets

World Stock Markets updates

KSE-100 falls 462 points as correction continues The KSE-100 Index continued its fall for the second successive session as correction along with profit-taking dragged stocks in the red on the last day of the week. At close on Friday, the …

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Stock market at a glance

Stock market at a glance

Market Review The benchmark KSE-100 index gained 410 points in this week, thereby closing at 42,934 points, an increase of 1% on WoW basis. The market touched a peak of 43,824 in the Thursday’s session, however slipped on profit taking …

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Stock Watch

Stock Watch

Profit-taking at the end of the week drags KSE-100 below 43,000 mark Summary During the week the KSE-100 Index gained almost 1% increase as it advanced from last Friday close of 42,523.99 to 42,933.72 this Friday. The average volume this …

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Stock Review

Stock Review

Market takes meager progress, textile firms spur may improve participation The week ended 12th January 2018 can be termed relatively better as compared to the earlier weeks. The benchmark index of Pakistan Stock Exchange (PSX) posted a paltry gain of …

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Gulf

Gulf News

UAE growth to accelerate in 2018 The UAE economy is geared to grow at an accelerated pace at 3.9 per cent in 2018, the Ministry of Economy said on Tuesday. Citing a forecast by the UAE Central Bank, Abdullah Al …

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India

India News This Week

Retail inflation to hit 17-month high of 5.1% : Poll India’s retail inflation likely rose to a 17-month high in December, a Reuters poll showed, and that could push the central bank to tighten monetary policy. After November’s 15-month high …

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Pakistan

Pakistan News

Foreign exchange: SBP’s reserves down 0.88pc, stand at $13.98bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased 0.88% on a weekly basis, according to data released by the central bank on Thursday. On January 5, foreign …

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Shipping

Shipping News

NWE, Persian Gulf ULSD vessels change course on less attractive US arbitrage Vessels heading to the US and Caribbean with ultra low sulfur diesel from the Baltics and the Persian Gulf have reversed course after the arbitrage, which some sources …

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Technology

Technology News

PAKISTAN: Incentives package to boost IT industry: The Ministry of Information Technology is working on a comprehensive incentives package for IT/ITeS Industry to boost Pakistan’s IT Exports. IT/ITeS industry is currently a flourishing sector in comparison to other sectors of …

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Commodity

Commodity News

Oil retreats from $70 highs but set for fourth week of gains Oil prices fell on Friday after hitting a three-year high of more than $70 a barrel the previous day, but they were still on track to post a …

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Press Releases

Press Releases

Sindh education foundation celebrates its silver jubilee The Sindh Education Foundation (SEF), Government of Sindh celebrated its Silver Jubilee with the theme “Hope on; Journey on” depicting the Foundation’s voyage over the last twenty-five years. The Program witnessed the participation …

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