Year: 2018

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Market Review The benchmark index continued its negative momentum throughout the week as political noise in the country rose given…

Sentiments remain down; caretaker govt and poll announcements may guide The political noise increased once again after a controversial statement…

DIFC hold talks for enhanced cooperation with China Officials at the Dubai International Financial Centre (DIFC) recently met with delegates…

Four years of NDA: has Modi fulfilled job creation promise? here’s what people’s verdict says “The great Indian election: it’s…

SPI rises 0.31percent The Sensitive Price Indicator (SPI) for the week ended May 17, 2018 registered an increase of 0.93percent…

Panamax index looking bearish The Panamax index is now on the lower range support and at major Fibonacci level. Technically…

World oil prices stay lower Oil prices fell on Friday, but Brent crude was on track for a sixth straight…

Standard Chartered Pakistan to act as Securities Advisers for distribution of Units Standard Chartered Bank (Pakistan) Limited (SCBPL) is the…

Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale…

Market Review The benchmark index maintained a negative momentum throughout the week settling down at 43,595pts, a decrease of 2.1%WoW,…

Stocks slide continued, extend losses below 44,000 level Summary Post budget sessions saw PSX dropping 1,005 points. The trend continued…

Gloomy conditions exist; MSCI semi-annual index review in spotlight During the week ended 11th May 2018 Pakistan Stock Exchange (PSX)…

Dubai gold prices slip slightly. is it the right time to buy? Gold prices slipped in range-bound trading on Friday…

Donald Trump’s moves turning deadly for Narendra Modi? Iran nuclear deal walkout spells trouble for India US President Donald Trump…

Pak urges to focus on EU, not just China Pakistan, while focusing on the China-Pakistan Economic Corridor (CPEC), should also…

Shipping industry braces for new sanctions on Iran The US decision to reinstate sanctions on Iran over its nuclear program,…

Oil near multi-year highs Oil prices steadied near 3-1/2 year highs on Friday as the prospect of new US sanctions…

Shaheen Air signs agreement to offer discount for Silk Bank customers In line with its commitment of facilitating passengers, the…

Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale…

Market Review The outgoing week closed at 44,537pts, down by 2.2%WoW where FY19 budget failed to excite market participants despite…

Post-Budget sessions bring bearish spell back in PSX Summary The 6th budget presented by the PML-N government was considered as…

Sentiments remain lackluster over weak gdp outlook, political uncertainty Despite announcement of populist budgetary measures and persistent increase in international…

Shahrukh opens new Kalyan jewellers outlet in bur Dubai The Baadshah of Bollywood, Shahrukh Khan inaugurated a new Kalyan Jewellers…

Interest rates unlikely to go up further: Dea Secretary Subhash Chandra Garg The finance ministry does not see any scope…

Government of Pakistan needs to watch out as CPEC-related debt soars Pakistan has made progress, which is evident from its…

Baltic index falls on broad retreat The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk…

PAKISTAN: Optix adds Netflix CDN to its data center to make streaming faster than ever: With the Netflix craze in…

World oil hits highest since November 2014 Oil prices rose about 2 percent on Friday, with US crude hitting its…

Siemens boosts manufacturing in Pakistan with new production for power technology Siemens has strengthened local manufacturing in Pakistan with a…

Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale…