market

Gunman on run after killing three at Strasbourg Christmas market

Gunman on run after killing three at Strasbourg Christmas market

STRASBOURG (AFP) – A gunman killed at least three people and wounded a dozen others at the famed Christmas market in the French city of Strasbourg on Tuesday before fleeing the scene, authorities said.A manhunt was under way after the killer opened fire at around 8pm (1900 GMT) on one of the city s busiest streets, […]

Defying the odds: Stock market sell-off a blessing in disguise for value hunters

Defying the odds: Stock market sell-off a blessing in disguise for value hunters

KARACHI: Since its inception in 1968, the Morgan Stanley Capital International (MSCI) became the world’s first and most tracked global equity index to benchmark the relative attractiveness of various equity markets round the globe.MSCI has many indices and sub-indices but the most famous ones are Frontier Market (FM) and Emerging Market (EM) indices which are actively […]

Stock market participants in Pakistan far from satisfactory

Stock market participants in Pakistan far from satisfactory

KARACHI: It is in the history of mankind to acquire better tangible assets in a bid to seek refuge during times of distress.Even during the Stone Age, humans used to gather food, wood and other precious stuff to hold on to them in case something bad happens. Historically, in the financial world, investors usually sought comfort […]

Dollar up by 15 paisa in interbank market

Dollar up by 15 paisa in interbank market

KARACHI – Dollar rate in interbank market on Tuesday has increased by 15 paisa after which its value reached Rs134.Dollar is fluctuating between Rs132 and Rs134 in open market.According to experts, this increase in the U.S. dollar value is alarming for the economic stability, therefore, the issue should be addressed on immediate basis.Since the oath […]

Pakistan stock market slips below 37000 points level

Pakistan stock market slips below 37000 points level

ISLAMABAD  –Pakistan Stock Market slipped below 37000 points level, reaching the lowest level of previous two years three months. So far, the KSE-100 index has lost 976 points. During previous week, Pakistan Stock Exchange recorded a free fall where share values reached almost nine-month low mark with recorded a decline of 1,772 points because of […]

Market watch: Stocks hammered as KSE-100 loses 880 points

Market watch: Stocks hammered as KSE-100 loses 880 points

KARACHI: Stocks were hammered on Friday as the KSE-100 index plunged over 950 points in intra-day trading, slipping below the 37,500 mark. It closed the day in the red with some recovery.Market participants reacted to a sharp dip in the foreign currency reserves held by the central bank, which slipped another $101 million and settled at $8.3 […]

Uber eyes Pakistan as potential market for flying cars

Uber eyes Pakistan as potential market for flying cars

LAHORE:Uber Technologies is eyeing Pakistan as a potential market for the launch of its upcoming premier technology ‘Uber Elevate’.The company is working on a model to make flying cars, called Uber Elevate, using vertical take-off and landing technology, Uber Regional General Manager for Middle East and Africa Region Anthony Le Roux told The  Tribune.Simultaneously, the company […]

Market watch: KSE-100 gains 82 points amid volatile trading

Market watch: KSE-100 gains 82 points amid volatile trading

KARACHI: The KSE-100 index extended its gains from the previous session and closed up by 82 points on Wednesday after experiencing a volatile session.On the political front, the suspension of prison terms of Nawaz Sharif and his daughter Maryam, awarded to them in the Avenfield properties case, by the Islamabad High Court failed to cast a […]

China loses spot as world’s No.2 stock market: Bloomberg

China loses spot as world’s No.2 stock market: Bloomberg

China’s stock market has been overtaken as the world’s second-biggest by Japan’s, having been swiped this year by the threat of a trade war with the United States and slowing economic growth. Data from Bloomberg News in intra-day trade on Friday showed the value of equities on the mainland had slipped behind those in their neighbouring country […]

World’s largest fresh products market of France is keen to setup its state of art facility in Pakistan

World’s largest fresh products market of France is keen to setup its state of art facility in Pakistan

The management of Rungis, the world’s largest fresh produce market of France has shown keen interest to establish their state of art, fully equipped and integrated whole sale hyper market in Pakistan. This offer was made by Mr. Benoit Juster, Director Project during his meeting with Ambassador of Pakistan to France Mr. Moin ul Haque […]

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STOCK, MARKET, TO, BE, CLEAN, OF, BLACK, MONEY, SAYS, A, RESOLUTE, SECP, CHIEF

Stock market to be clean of black money, says a resolute SECP chief PHOTO:FILE ISLAMABAD: The apex regulator is set to tackle one of the biggest issues facing the country’s financial system – the inflow of black money – ahead of Pakistan’s anti-money laundering (AML) review next year. In a briefing to the senate standing committee, […]