Market – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Mon, 21 Jan 2019 12:19:22 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.9 Global Stock Exchanges http://www.pakistaneconomist.com/2019/01/21/global-stock-exchanges-3-19/ http://www.pakistaneconomist.com/2019/01/21/global-stock-exchanges-3-19/#respond Sun, 20 Jan 2019 19:42:43 +0000 http://www.pakistaneconomist.com/?p=24593 US stocks keep rallying US stocks rallied on Friday, helping Wall Street’s major indexes advance for the fourth consecutive week, as increased hopes the United States and China would resolve their trade dispute lifted shares across sectors. he market was boosted after a Bloomberg report said China sought to raise its annual goods imports from …

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Stock market at a glance http://www.pakistaneconomist.com/2019/01/21/stock-market-at-a-glance-3-19/ http://www.pakistaneconomist.com/2019/01/21/stock-market-at-a-glance-3-19/#respond Sun, 20 Jan 2019 19:41:16 +0000 http://www.pakistaneconomist.com/?p=24595 Market Review The outgoing week remained volatile where benchmark index closed flat at 39,307pts, exhibiting an increase of 130pts. Market participation remained dull during the week as evident from decline in ADT and ADTV by 14.9%WoW and 13.6%WoW, respectively. Foreign investors were net sellers, exhibiting an outflow of USD9.4mn. During the week, with an aim …

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Stock Watch http://www.pakistaneconomist.com/2019/01/21/stock-watch-3-19/ http://www.pakistaneconomist.com/2019/01/21/stock-watch-3-19/#respond Sun, 20 Jan 2019 19:40:05 +0000 http://www.pakistaneconomist.com/?p=24597 Stocks witnessed positive momentum, up over 250 points Summary Stock market started on a very positive momentum earlier in the week after Asad Umar Minister of Finance talked to business community at Karachi on Saturday. He unfolded numerous measures in relation to ease of doing business and reduce taxes on investment in the Finance Supplementary …

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Stock Review http://www.pakistaneconomist.com/2019/01/21/stock-review-3-19/ http://www.pakistaneconomist.com/2019/01/21/stock-review-3-19/#respond Sun, 20 Jan 2019 19:39:30 +0000 http://www.pakistaneconomist.com/?p=24599 Bullish mood persist; upcoming budget, bonds auction and talks with imf in focus The benchmark Index of Pakistan Stock exchange (PSX) closed in the green for the week ended 18th January 2019. It was the third consecutive week the Index posted gain of 258 points and closed at 39,307 level. Positive sentiments were driven by …

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Global Stock Exchanges http://www.pakistaneconomist.com/2019/01/14/global-stock-exchanges-2-19/ http://www.pakistaneconomist.com/2019/01/14/global-stock-exchanges-2-19/#respond Sun, 13 Jan 2019 19:42:36 +0000 http://www.pakistaneconomist.com/?p=24328 US stocks little changed Wall Street ended little changed on Friday as energy shares dropped and investors looked ahead to earnings season, which will kick off next week with Citigroup, JPMorgan and other big banks. The Dow Jones Industrial Average fell 5.97 points, or 0.02 percent, to 23,995.95, the S&P 500 lost 0.38 points, or …

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Stock market at a glance http://www.pakistaneconomist.com/2019/01/14/stock-market-at-a-glance-2-19/ http://www.pakistaneconomist.com/2019/01/14/stock-market-at-a-glance-2-19/#respond Sun, 13 Jan 2019 19:41:11 +0000 http://www.pakistaneconomist.com/?p=24330 Market Review Benchmark index remained bullish throughout the week where the index closed at 39,049pts, exhibiting an increase of 3.9%WoW. The news pertaining to finalization of the terms of USD6.2bn support package from UAE provided a much needed breather to support the market. Market participation increased throughout the week as evident from increase in ADT …

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Stock Watch http://www.pakistaneconomist.com/2019/01/14/stock-watch-2-19/ http://www.pakistaneconomist.com/2019/01/14/stock-watch-2-19/#respond Sun, 13 Jan 2019 19:40:43 +0000 http://www.pakistaneconomist.com/?p=24332 Bullish trend persists with KSE-100 index up 4%wow Summary Crown Prince Sheikh Mohammed turned his private hunting trip into official visit and formalized a $6.2 billion bailout package on Sunday to help support the country’s economy while the United Arab Emirates (UAE) package is of same terms and conditions as those of Saudi Arabia. It …

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Stock Review http://www.pakistaneconomist.com/2019/01/14/stock-review-2-19/ http://www.pakistaneconomist.com/2019/01/14/stock-review-2-19/#respond Sun, 13 Jan 2019 19:39:10 +0000 http://www.pakistaneconomist.com/?p=24334 Bulls remain in control as FATF liking, uae package boost investor sentiments The benchmark index of Pakistan Stock Exchange (PSX) gained 1,502 points to close at 39,049 points for the week ended 11th January 2019. A US$3.0 billion support package was signed between Pakistan and United Arab Emirates that is likely to help the country …

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Global Stock Exchanges http://www.pakistaneconomist.com/2019/01/07/global-stock-exchanges-1-19/ http://www.pakistaneconomist.com/2019/01/07/global-stock-exchanges-1-19/#respond Sun, 06 Jan 2019 19:42:29 +0000 http://www.pakistaneconomist.com/?p=24001 US stocks climb US stocks surged over 2.5 percent on Friday, boosted by a robust US jobs report, plans for fresh Sino-US trade talks and as Federal Reserve Chairman Jerome Powell pledged patience and sensitivity to risks in the markets. The rally puts Wall Street on course to erase all losses from a day earlier, …

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Stock market at a glance http://www.pakistaneconomist.com/2019/01/07/stock-market-at-a-glance-1-19/ http://www.pakistaneconomist.com/2019/01/07/stock-market-at-a-glance-1-19/#respond Sun, 06 Jan 2019 19:41:28 +0000 http://www.pakistaneconomist.com/?p=24003 Market Review Benchmark index remained volatile throughout the week where the index closed at 37,547pts, exhibiting an increase of 1%WoW. This was mainly led by the activity on Tuesday where newsflow related to China’s financial package worth USD2.0bn alleviated concerns pertaining to external account and brought a sigh of relief across the board and the …

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