Year: 2017

SUSTAINABLE RECOVERY UNLIKELY AMID LACK OF TRIGGERS, VOLATILITY Pakistan Stock Exchange (PSE) witnessed volatility throughout the week ended 16th June…

PAKISTAN: GALAXY NOTE 8 COULD BECOME THE FIRST SMARTPHONE TO BE POWERED BY QUALCOMM’S SNAPDRAGON 836 SOC: Leaked Specifications of…

RATE HIKE AND FUTURE GUIDANCE POINT TO HIGHER COST OF FUNDS IN GCC The Central Bank of UAE late on…

OIL PRICES EDGE UP FROM 2017 LOWS Oil prices edged up from 2017 lows on Friday but remained on track…

BALTIC MAIN INDEX EDGES DOWN ON WEAKER CAPESIZE RATES The Baltic Exchange’s main sea freight index, tracking rates for ships…

SBP’S RESERVES FALL 2.61PC, AMOUNT TO $15.3B Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased 2.61%…

HERO MOTOCORP’S PAWAN MUNJAL TAKES HOME RS 59.66CR PAY IN FY17 New Delhi, Jun 16 () Hero MotoCorp Chairman, MD…

UBER LAUNCHES CSR CAMPAIGN TO RAISE FUNDS FOR SHAUKAT KHANUM As part of its Corporate Social Responsibility initiatives in Ramzan,…

[dropcap]I[/dropcap]t is one of the best known lagging indicators. The consumer price index expresses the current prices of a basket…

[dropcap]T[/dropcap]he balance of trade compares the value of a country’s exports of goods and services against its imports. When exports…

[dropcap]K[/dropcap]ibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale…

[dropcap]A[/dropcap]n economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of…

[dropcap]D[/dropcap]emographic is the study of a population based on factors such as age, race and sex, among others. Governments, corporations…

[dropcap]I[/dropcap]nflation is a sustained increase in the general level of prices of goods and services in an economy. When the…

[dropcap]A[/dropcap]n interest rate is the cost of borrowing money, or conversely, the income earned from lending money. Interest rates are…

[dropcap]I[/dropcap]n April, Saudi Arabia issued its largest ever Shariah-compliant bond on the Irish Stock Exchange. The $9 billion Islamic bond,…

PAKISTAN MARKET INDICATORS EXCHANGE RATES CURRENCY ACTIVITY Friday 5-May Friday 12-May Friday 19-May Friday 26-May Friday 2-Jun Friday 9-Jun…

GBP/USD WEEKLY OVERVIEW Pound rose on Monday after dropping nearly half a cent against the Dollar after a militant attack…

PSX RECOVERS PARTLY LAST WEEK LOSSES, INDEX GAINS 971 POINTS SUMMARY Last week was a worst week since Feb 2009…

PSE RECOVERS; ME GEOPOLITICAL TURMOIL, UK ELECTION AND ECB RATE POLICY MAY IMPINGE ON The benchmark of Pakistan Stock Exchange…

PAKISTAN: INTEL’S CORE-X SERIES WILL BE SEEING STAGGERED LAUNCH: CORE I9-7900X AND BELOW READY TO LAUNCH, CORE I9-7920X THROUGH 19-7980XE…

BUYERS LINING UP FOR DUBAI’S READY PROPERTIES Even ready properties in Dubai are getting right into the thick of sales…

SCIENTISTS DISCOVER RARE EARTH METALS Japanese scientists have discovered a vast geological deposit rich in rare metals that can be…

BALTIC EXCHANGE SNAPS 16-SESSION LOSING STREAK The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk…

PM MEETS AFGHAN PRESIDENT ON SIDELINES OF SCO SUMMIT Prime Minister Nawaz Sharif met Afghan President Ashraf Ghani on the…

INDIA SEES $1 TRILLION DIGITAL ECONOMY BY 2022 The information technology (IT) industry, which is reeling under pressures from key…

DIABETES AWARENESS DURING IFTAR AND DINNER AT PAKISTAN ASSOCIATION DUBAI The Diabetes Centre – Pakistan (TDC) organized a diabetes awareness…

Dr Ayub Mehar, one of the leading economists in Pakistan, shared the following with PAGE regarding IMF Reports: Within just…

[dropcap]T[/dropcap]he fiscal year 2017-18 budget is designed for election year objective. It is of little value to the economic health…

[dropcap]T[/dropcap]he foreign exchange markets are unpredictable. They are complex, volatile and massively impacted by global political and economic events –…

PAKISTAN MARKET INDICATORS EXCHANGE RATES CURRENCY ACTIVITY Friday 28-Apr Friday 5-May Friday 12-May Friday 19-May Friday 26-May Friday 2-Jun…

[dropcap]P[/dropcap]akistan’s monetary policy objective is to maintain the price stability, stable BoP (balance of payments) equilibrium, reduction in unemployment rate,…

GBP/USD WEEKLY OVERVIEW Pound lost its intensity soon after a suicide bombing attack on 23/05/2017 in the English City of…

MARKET REVIEW The eagerly anticipated inclusion of Pakistan in MSCI-EM materialized in the week however, the more than anticipated foreign…

BEARS RULE PERSIST DESPITE HISTORIC MSCI UPGRADE AND NEW TAX MEASURES SUMMARY Government’s decision to impose taxes on dividends and…

TWO HISTORIC OUTCOMES FAIL TO IMPRESS TRADING, INVESTORS Market kept the bearish spell throughout the week despite government introduction of…

PAKISTAN: GOOGLE SAYS IT WOULD COST TOO MUCH TO GATHER WAGE GAP DATA: The department of labor will keep bothering Google…

DOS AND DON’TS FOR TAKING PICTURES ON AIRPLANES Dubai: It seems mundane enough – you hop on an aircraft, and…

IRON ORE FALLS AS FUTURES PLUNGE The spot price of iron ore dropped, extending last week’s selloff, paced by a…

BALTIC INDEX DOWN FOR TWELFTH STRAIGHT SESSION The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry…

WORLDWIDE FIRMS COMPETE TO SET UP CONVERTER STATION IN PAKISTAN The four countries that are part of the Central Asia-South…

RESPECT HUMAN RIGHTS, DIGNITY, NHRC TELLS BUSINESSES KOLKATA: The National Human Rights Commission (NHRC) in collaboration with the Confederation of…

STANDARD CHARTERED LAUNCHES ’NO.1 BANK’ BRAND CAMPAIGN Campaign showcases recent achievements, reiterating capabilities and commitment to supporting the growth of…

[dropcap]N[/dropcap]ew business and employment opportunities will be created under China-Pakistan Economic Corridor (CPEC) projects, particularly in the energy sector as…