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Market

Stock Watch

Stock Watch

PSX RECOVERS PARTLY LAST WEEK LOSSES, INDEX GAINS 971 POINTS SUMMARY Last week was a worst week since Feb 2009 when Index closed 7.8% WoW with the Index closing 48,555.30. The benchmark KSE-100 Index closed 25 WoW higher at 49,527 …

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Stock Review

Stock Review

PSE RECOVERS; ME GEOPOLITICAL TURMOIL, UK ELECTION AND ECB RATE POLICY MAY IMPINGE ON The benchmark of Pakistan Stock Exchange (PSE) posted a gain of 2.0%WoW this week to close at 49,527 level. Last week the KSE-100 Index had posted …

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Forex

Forex Weekly Updates

GBP/USD WEEKLY OVERVIEW Pound lost its intensity soon after a suicide bombing attack on 23/05/2017 in the English City of Manchester resulting slipping of Pound below seven month high against the Dollar as the election campaign for election of June …

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World Stock Markets

World Stock Markets updates

US SHARES FLAT AS MAY JOBS REPORT DISAPPOINTS Wall Street stocks were little changed early on Friday after the Labor Department reported the US economy added just 138,000 jobs in May, far fewer than predicted. It is said that wage …

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Stock market at a glance

Stock market at a glance

MARKET REVIEW The eagerly anticipated inclusion of Pakistan in MSCI-EM materialized in the week however, the more than anticipated foreign selling weighed in on the investor sentiment with KSE-100 losing 7.8%WoW, closing at 48,555 points level. Market activity however, picked …

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Stock Watch

Stock Watch

BEARS RULE PERSIST DESPITE HISTORIC MSCI UPGRADE AND NEW TAX MEASURES SUMMARY Government’s decision to impose taxes on dividends and capital gains along with reintroduction of super tax hurt investors’ sentiments at the stock market on Monday as the investors …

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Stock Review

Stock Review

TWO HISTORIC OUTCOMES FAIL TO IMPRESS TRADING, INVESTORS Market kept the bearish spell throughout the week despite government introduction of more taxes on non-filers and of historic upgrade and in fact re-including of Pakistan stocks index into MSCI status as …

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Forex

Forex Weekly Updates

GBP/USD WEEKLY OVERVIEW Pound lost its intensity soon after a suicide bombing attack on 23/05/2017 in the English City of Manchester resulting slipping of Pound below seven month high against the Dollar as the election campaign for election of June …

Read More »

World Stock Markets

World Stock Markets updates

FTSE GETS STERLING RISE AS EUROPE DRAGGED LOWER BY BANKS European shares slipped on Friday, dragged down by weaker banks, but British stocks managed to hit new records as sterling slid on a poll showing a narrower lead for the …

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Stock market at a glance

Stock market at a glance

MARKET REVIEW The week started off on a bullish note with the index gaining 1.2% on the first trading session of the week on the back of MSCI euphoria. However, confusion regarding pro forma weight in the MSCI Emerging market …

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