Year: 2017

Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes.…

PAKISTANI RUPEE MOVEMENT: Pak Rupees weakened during the week in inter-bank market as it opened on Monday at Rs.104.60/80 while…

BULLISH SPELL DEEPENS AT PSX A bullish trend continued on Pakistan Stock Exchange (PSX) and the benchmark KSE-100 gained another…

MARKET REVIEW Index started the week with the much anticipated correction but staged a recovery towards the latter half of…

BULLS BREAK LOSING STREAK TO TOSS INDEX ABOVE 49,000 SUMMARY Pakistan stocks continued its decline on Monday, Tuesday and Wednesday…

CHINESE CONSORTIUM ACQUIRES 40PC STAKE IN PAKISTAN STOCK EXCHANGE The purchase agreement of 40 percent stake in Pakistan Stock Exchange…

PAKISTAN: A FEW GOOGLE HOME OWNERS ALREADY HAVE BLUETOOTH ENABLED: At Google I/O 2017, the company proclaimed that it is…

NEWBUILDING ACTIVITY RETURNS BUT ON ‘SNAIL PACE’ It seems that the trend set in 2016, when newbuilding orders hit a…

KUWAIT PLANS TO MANAGE ITS OWN ASSETS AS WORLD’S FIFTH LARGEST SOVERIGHT WEALTH Davos, Dubai: Kuwait Investment Authority is planning…

PKR: LITTLE CHANGES The rupee moved slightly in relation to the dollar on Friday in the process of trading, Kamal…

CHINA SCRAPS MORE THAN 100 POWER PLANTS China has announced plans to cancel more than 100 coal plants currently in…

DROUGHT HITS SUGAR PRICES IN INDIA The two years of drought and climate-related challenges are creating a whiplash in sugar…

SHAHEEN AIR INTERNATIONAL WELCOMES A NEW AIRBUS A319 TO ITS FLEET Resplendent in gold, the new aircraft dons the new…

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

Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes.…

PAKISTANI RUPEE MOVEMENT: Pak Rupees weakened during the week in inter-bank market as it opened on Monday at Rs.104.60/80 while…

MARKET REVIEW The index traded sideways closing the week flat at 49,210 points. Broadly, market saw a cautious stance by…

INDEX SETS HISTORIC MARK OF OVER 49,000; PROFIT-TAKING PARES DOWN GAINS SUMMARY It was a volatile week for PSX as…

PAKISTAN STOCK EXCHANGE POSTS NEW ALL-TIME RECORD SURGE; MARKET MAY SEE UNPREDICTABILITY Pakistan Stock Exchange (PSX) remained top leading stocks…

PAKISTAN: A FEW GOOGLE HOME OWNERS ALREADY HAVE BLUETOOTH ENABLED: At Google I/O 2017, the company proclaimed that it is…

NATIONAL BANK OF OMAN Q4 NET PROFIT SLIPS 19.9PC Dubai: National Bank of Oman (NBO), the sultanate’s third-largest lender by…

OIL RATES STUMBLE AFTER STRONG JUMP IN US CRUDE STOCKS Crude prices slipped Thursday after data showed a stronger-than-expected increase…

ROCKY PATH AHEAD FOR ASIA TANKER MARKET Asia’s crude tanker market faces the double whammy of a flood of newbuild…

PKR: RATES ALMOST UNCHANGED Steadier trend was witnessed on the money market on Friday in the process of trading, Kamal…

AIRTEL PAYMENTS BANK OFFERS 7.25PC INTEREST NEW DELHI: Airtel Payments Bank on Thursday launched nationwide operations, offering 7.25% interest on…

UBER HIRES SAFEE SHAH AS GM FOR PAKISTAN Uber, the international smartphone app that seamlessly connects riders to drivers, and…

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

PAKISTANI RUPEE MOVEMENT: Pak Rupees weakened during the week in inter-bank market as it opened on Monday at Rs.104.60/80 while…

PSX STANDS ANOTHER MILESTONE Pakistan Stock Exchange on Friday achieved another milestoneas the benchmark KSE-100 Index crossed 49,000 points psychological…

MARKET REVIEW Index rode on the positive momentum and continued with the re-rating story this week. Even the investors’ cautiousness…

INDEX CROSSES MILESTONE OF 49,000 MARK, NEW YEAR BEGINS ON STRONG POSITIVE NOTE SUMMARY The week started with a bang…

RECORD UPWARD TREND PERSISTS; INVESTORS TO SEE CAUTIOUS MOVE Activity in the wider Pakistan Stock Exchange (PSX) remained bullish throughout…

PAKISTAN: A FEW GOOGLE HOME OWNERS ALREADY HAVE BLUETOOTH ENABLED: At Google I/O 2017, the company proclaimed that it is…

COST OF LIVING IN ABU DHABI TO RISES AS MUNICIPALITY FEE KICKS IN Abu Dhabi: The municipality fee on tenants…

GOLD RISES NEARLY 4-WEEK HIGH Gold rose to the highest in nearly four weeks on Wednesday as the dollar edged…

SULPHUR OIL AND BALLAST WATER TREATMENT SET RULE FOR VESSELS NOW Shipowners around the world are faced with increasing costs,…

PETROLEUM LEVY: FIA RECOVERS RS 440 MN FROM OMCS Federal Investigation Agency (FIA) has made significant progress in investigation into…

WRAP UP RS 70,000 CRORE AIR INDIA SCAM PROBE BY JUNE, SC SAYS CBI NEW DELHI: The Supreme Court ordered…

OUTLOOK OF ISLAMIC BANKING AND FINANCE Due to sharply declined trends in Oil prices, slow economic pace & Arab spring,…

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