Stock Market on Wednesday recorded a positive upsurge as chemical and banking sectors sent the stocks rallying during the morning session. The market witnessed a record high after the first three hours of trading when
The Government is set to launch the pre budget document, Pakistan Economy Survey 2016-17, tomorrow; a day before the launch of budget on 26th May, 2017. Senator Ishaq Dar will launch the pre budget document
With a return of 255 percent since March, 2009, the stock markets in US are experiencing a 98 month bull trend. This pace of market is only paralleled by the 114 month bull market from
Major indexes across the Asian markets were high shrugging away the Chinese downgrade, as the investors await the next OPEC meeting. Moody’s downgraded China’s credit rating from Aa3 to A1 and changed its outlook form
Bitcoin, the digital currency, has doubled during last month jumping to an all time high of $2,289.21 on Monday. The cryptocurrency is on its way to double during the ongoing month as price of Bitcoin
Islamabad: Pakistan Railways and Ministry of Petroleum signed Fuel Transportation Agreement (FTA) on Wednesday, which would increase fuel transportation activity of the railways. The agreement was signed by Syed Rashid Kamal, General manager logistics, PSO
A Dutch telecom firm is all set to make investments worth $10 million in Pakistan to upgrade the broadband infrastructure in 11 cities. The company aims to install corporate LTE in 11 cities across Pakistan.
MSCI stocks boost the market to an all time high with a tally of 53014.17 points. The largest points contributors to the market during the morning session are Habib Bank Limited, United Bank Ltd., MCB
Moody’s Investors Services downgraded China’s long-term debt ratings on Tuesday from Aa3 to A1. The ratings, for local currency and foreign currency remain solidly in the investment-grade territory. However, Moody’s raised the economy’s outlook from
Pakistan Stock Exchange started the week on a positive note on Monday and has continued the momentum onto Tuesday. The sentiment was bullish in the market, as it closed 773.46 points higher than yesterday’s tally.
Chinese authorities have been blamed time and again for their reporting of tempered economic data. The lack of transparency has prompted observers to never take Chinese authorities’ economic claims at their face value. Recently, Central
Pakistan Bureau of Statistics revealed data regarding exports of major food commodities which include basmati rice, vegetables, fish, and sugar and oil seed. The listed food sector commodities witnessed a positive growth during the ongoing
Optimism drives the market forward, continuing on yesterday’s momentum. The market since its opening has witnessed 1.19% rise in value. Peaking at 52110 points at 11 o clock, the market is moving forward in a
Asian ministers met in Hanoi on Monday to discuss the details of free trade pact involving more than 3.5 billion people. The Regional Comprehensive Economic Partnership talks, which started in 2012, have received a new
Pakistan Bureau of Statistics reported a 0.92% decline in textile exports in an yea-to-year basis. The decline has been a result of low availability of raw materials due to loss in cotton crop output during
Stock Market on Wednesday recorded a positive upsurge as chemical and banking sectors sent the stocks rallying during the morning session. The market witnessed a record high after the first three hours of trading when
The Government is set to launch the pre budget document, Pakistan Economy Survey 2016-17, tomorrow; a day before the launch of budget on 26th May, 2017. Senator Ishaq Dar will launch the pre budget document
With a return of 255 percent since March, 2009, the stock markets in US are experiencing a 98 month bull trend. This pace of market is only paralleled by the 114 month bull market from
Major indexes across the Asian markets were high shrugging away the Chinese downgrade, as the investors await the next OPEC meeting. Moody’s downgraded China’s credit rating from Aa3 to A1 and changed its outlook form
Bitcoin, the digital currency, has doubled during last month jumping to an all time high of $2,289.21 on Monday. The cryptocurrency is on its way to double during the ongoing month as price of Bitcoin
Islamabad: Pakistan Railways and Ministry of Petroleum signed Fuel Transportation Agreement (FTA) on Wednesday, which would increase fuel transportation activity of the railways. The agreement was signed by Syed Rashid Kamal, General manager logistics, PSO
A Dutch telecom firm is all set to make investments worth $10 million in Pakistan to upgrade the broadband infrastructure in 11 cities. The company aims to install corporate LTE in 11 cities across Pakistan.
MSCI stocks boost the market to an all time high with a tally of 53014.17 points. The largest points contributors to the market during the morning session are Habib Bank Limited, United Bank Ltd., MCB
Moody’s Investors Services downgraded China’s long-term debt ratings on Tuesday from Aa3 to A1. The ratings, for local currency and foreign currency remain solidly in the investment-grade territory. However, Moody’s raised the economy’s outlook from
Pakistan Stock Exchange started the week on a positive note on Monday and has continued the momentum onto Tuesday. The sentiment was bullish in the market, as it closed 773.46 points higher than yesterday’s tally.
Chinese authorities have been blamed time and again for their reporting of tempered economic data. The lack of transparency has prompted observers to never take Chinese authorities’ economic claims at their face value. Recently, Central
Pakistan Bureau of Statistics revealed data regarding exports of major food commodities which include basmati rice, vegetables, fish, and sugar and oil seed. The listed food sector commodities witnessed a positive growth during the ongoing
Optimism drives the market forward, continuing on yesterday’s momentum. The market since its opening has witnessed 1.19% rise in value. Peaking at 52110 points at 11 o clock, the market is moving forward in a
Asian ministers met in Hanoi on Monday to discuss the details of free trade pact involving more than 3.5 billion people. The Regional Comprehensive Economic Partnership talks, which started in 2012, have received a new
Pakistan Bureau of Statistics reported a 0.92% decline in textile exports in an yea-to-year basis. The decline has been a result of low availability of raw materials due to loss in cotton crop output during
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Data is delayed by 20 minutes
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