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stock market

Tax amendments: PSX board recommends review by MoF, FBR

KARACHI: The Management and the Board of Directors of Pakistan Stock Exchange (PSX) gone through the proposed tax...

Published 25 Mar, 2021 05:08am

Markets

Philippines leads Asian stocks higher on Wall Street boost

Singapore shares, which have been trading at around one-year highs, dipped on Tuesday.

Published 16 Mar, 2021 12:18pm

Markets

PSX ends at CY’s lowest level: BRIndex100 stays bearish

KARACHI: A bearish trend continued on Pakistan Stock Exchange due to across-the-board selling pressure on ...

Published 11 Mar, 2021 05:25am

Markets

Futures spread widens to 306bps

KARACHI: The futures spread increased by 306bps to 12.95 percent on the last day of outgoing week. Trading...

Published 22 Feb, 2021 04:25am

Markets

Montana Aerospace prepares for $1.8bn stock market listing

FRANKFURT: Austrian-Swiss aircraft parts maker Montana Aerospace is preparing for a $1.8 billion stock market ...

Published 16 Feb, 2021 04:07am

Markets

German laboratories group Synlab targets post-Easter IPO

From next week the company, owned by private equity group Cinven, will hold presentations for analysts who will then work out valuation estimates in March.
On the back of strong demand for Synlab's COVID-19 testing capacities, the group said in December it expects 2020 earnings before interest.

Updated 11 Feb, 2021 09:24pm

Markets

Dubai falls; Abu Dhabi, Saudi manage narrow gains

Dubai falls for fifth session in six.
NCB best performer on Saudi benchmark.
Egypt logs best day in three weeks.

Updated 11 Feb, 2021 12:29am

Business & Finance

Wall Street week ahead: Sideshow or main event? GameStop stock ride weighed as bubble warning

NEW YORK: Some investors are growing concerned that wild swings in GameStop and other stocks driven by small-time...

Updated 01 Feb, 2021 09:06am

Business & Finance

GameStop’s Meteoric Rise, Explained

GameStop’s stocks skyrocketed by 160% in a matter of hours on Monday to an all-time high of $159, giving birth to the ‘Meme Stock’ bubble in the stock market.

Published 27 Jan, 2021 06:54pm

Markets

Time to pause? Wall St grows wary of some stock bubbles

Pockets of the market have recently demonstrated investor behavior consistent with bubble-like sentiment.
Elevated retail participation has contributed to soaring prices. Retail broker eToro told Reuters it registered more than 380,000 new users in the first 11 days of 2021.

Published 25 Jan, 2021 08:55pm

Markets

A ‘buy’ is just a tap away: stock market dabblers drive trading boom into 2021

LONDON: A 1000% jump in the penny stock of a company with no staff and a high school investing club that doubled its...

Published 25 Jan, 2021 04:23am

Markets

London market facing blockbuster IPO year

LONDON: London will enjoy a very strong year for stock market flotations, analysts say, arguing that both Brexit and...

Published 25 Jan, 2021 04:23am

Markets

Hong Kong stocks well down at break

The Hang Seng Index sank 1.50 percent, or 447.65 points, to 29,480.11.

Published 22 Jan, 2021 10:11am

Markets

Oman turns stock exchange into closed joint stock company

It will be called the Muscat Stock Exchange and all assets and employees of the Muscat Securities Market will be transferred to that new entity.
Oman established the Oman Investment Authority in June to own and manage most of the country's sovereign wealth fund and finance ministry assets.

Published 06 Jan, 2021 07:00pm

Markets

Nigerian stocks rise 2.14pc to extend 2020 rally

The index climbed to 41,148.95 points, a level last seen in May 2018, almost a three-year high.
Nigeria's stock index climbed 50% in 2020.

Published 04 Jan, 2021 06:56pm

Markets

South Africa's rand, stocks fall, but end 2020 stronger

Rand to end slightly weaker than its Jan level.
Rallied 16% in Q4, after weakening 25% in first half.
Stock market ends year higher.
All-share index ends 2020 up 3.6%, top 40 index up 7%.

Published 31 Dec, 2020 08:15pm

Markets

South Africa's rand unchanged as US stimulus hopes counter stricter local lockdown

But the impact of a stricter lockdown in South Africa announced by President Cyril Ramaphosa is still to play out on the currency and the stock market locally.

Published 29 Dec, 2020 11:32am

Markets

Stock markets surge on US stimulus hopes

European equities got an extra shot in the arm from economic surveys painting a brighter picture than had been feared for the area's recovery prospects.

Updated 11 Aug, 2020 07:17pm

Perspectives

How the UK and US Stock Markets Are Taking the Coronavirus Impact

The COVID 19 pandemic had devastating consequences for the whole world. Millions of people lost their lives and...

Published 24 Jul, 2020 02:45pm

Markets

Easing of restrictions boosts Saudi; other markets mixed

The index declined 0.7pc, with sharia-compliant lender Dubai Islamic Bank falling 1.4pc and lender Emirates NBD was down 0.8pc.

Published 31 May, 2020 04:29pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	155.81
USD to Swiss Franc / May 16	0.91
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 16	5297.10
India Sensex / May 16	73663.72
Tokyo Nikkei / May 16	38697.69
Nasdaq / May 16	16698.32
Hang Seng / May 16	19535.72
FTSE 100 / May 16	8438.65
Dow Jones / May 16	39869.38
Germany DAX 30 / May 16	18738.81

Item	Value
Crude Oil USD/Barrel / May 16	79.42
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2377.52
Cotton US¢/pound / May 16	76.26
Petrol/Litre / May 17	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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