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Market

World Stock Markets

World Stock Markets updates

WALL STREET PAUSES ALL-TIME HIGH RALLY Wall Street opened lower Friday, taking a break from the steady rally of the past three weeks, amid a generally cautious move in global markets. Twenty minutes into trading, the Dow Jones Industrial Average …

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Stock market at a glance

Stock market at a glance

MARKET REVIEW Volatility gripped the index during the week and kept it from breaching 50,000 level. Major contributors towards this volatility were the Panamagate hearing, worsening law & order situation and concerns over tighter regulation of stockbrokers. Index closed the …

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Stock Watch

Stock Watch

PSX ENDS ON BEARISH NOTE BUT MANAGES ABOVE 49,000 AS VOLATILITY CONTINUES SUMMARY During the week Pakistan Stock Exchange (PSX) failed to find directions as choppy trading continued and Index shed 367.72 points to close at 49,007.99. The fundamentals, which …

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Stock Review

Stock Review

POLITICAL NOISE RESTRICTS KSE-100 INDEX UPWARD MOVEMENT The heightened political noise as well as the Panama episode being heard by the apex court continued to have an adverse impact on the trading activity reflected in the stagnant market activity dragging …

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World Stock Markets

World Stock Markets updates

US SHARES RETREAT AS KRAFT HEINZ, UNILEVER SURGE Wall Street stocks declined early Friday despite news of Kraft Heinz’s rejected takeover bid for Dutch-British giant Unilever that boosted shares of both firms. The market’s downward move marked the second sluggish …

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Stock market at a glance

Stock market at a glance

MARKET REVIEW Index remained volatile during the week, breached the 50,000 level during intraday but failed to closed above 50,000 as the negative news flow and uncertainty kept the upside in check. Index closed the week at 49,376pts, marginally down …

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Stock Watch

Stock Watch

PANIC SELLING PUSHES INDEX TO PLUNGE 1.1PC SUMMARY A series of terrorist attacks last week in cities of Punjab, Khyber Pakhtunkhwa and Sindh created panic for investors. On Monday, a suicide blast in Lahore on protesting chemists left 13 people …

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Stock Review

Stock Review

TERROR ATTACKS DEPRESS MARKET SENTIMENTS; BULLS LIKELY BACK IN THE RING KSE-100 Index again dropped by 212 points to close in red at 49,375 levels amid a thin market volume of 373 million in the last trading session of the …

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Forex

Forex Weekly Updates

PAKISTANI RUPEE MOVEMENT: Pak Rupees weakened during the week in inter-bank market as it opened on Monday at Rs.104.60/80 while it closed last Friday at Rs.104.85/105.00. This Friday it closed at Rs.104.60/80 In the open market, Pak Rupee was Rs.104.30/104.60 …

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World Stock Markets

World Stock Markets updates

US STOCKS ADD TO RECORDS ON TRUMP’S ‘HYPE’ Wall Street stocks added to records early Friday on optimism over President Donald Trump’s promise of tax cuts, with petroleum-linked stocks gaining on higher oil prices. About 15 minutes into trading, the …

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