Business
JPMorgan plans frontier bond index for 20-25 countries, including Pakistan
<p><a href="https://www.dawn.com/news/1970953">https://www.dawn.com/news/1970953</a></p>
Business
Business
Bulls remain in control as KSE-100 closes in the green at 186,900.73 points
<p>Pakistan’s benchmark index, KSE-100, closed in the green on Tuesday at 186,900.73 points.</p> <p>Overall, the index closed 1 per cent higher than its <a href="https://www.dawn.com/news/1970592">previous close</a> of 185,057.83. The index hit an in
Business
Oil falls on possible US-Iran de-escalation, firm dollar
<p>Oil prices fell on Tuesday, easing for a second day, as market participants weighed the possibility of a de-escalation in US-Iran tensions, while a firmer dollar placed greater downside pressure on prices.</p> <p>Brent crude futures fell 34 cents,
Business
KSE-100 up 1,800 points during early intraday trading on Tuesday
<p>Pakistan’s benchmark index, KSE-100, was trading higher at 11:30am on Tuesday, up 1,801.31 points from its previous close.</p> <p>The index had risen 0.97 per cent to 186,859.14 points from <a href="https://www.dawn.com/news/1970592">Monday’s clos
Business
Gold up 3pc in Asia to $4,820 an ounce, silver 5pc higher to $83.34 an ounce
<p>Gold and Asian stocks were on the rebound on Tuesday as trade took a calmer tone after <a class="link--external" href="https://www.reutersconnect.com/all?search=all%3AP:4295907325&linkedFromStory=true" rel="noopener noreferrer" target="_blank"
Business
Uptick in exports after five months
<p>ISLAMABAD: Pakistan’s merchandise exports posted a modest rebound in January after recording five consecutive monthly declines in the current fiscal year, offering tentative relief to exporters and reviving expectations of a potential recovery in
Business
Urea sales plunge to six-year low
<p>KARACHI: Urea sales are expected to clock in at 218,000 tonnes in January, a 75-month low and down by 84 per cent month-on-month and 51pc year-on-year. </p> <p>Topline Securities, in its report on Monday, noted that the sharp slowdown follows adv
Business
Oil slides, gold loses lustre
<p>LONDON: Oil and gold prices fell as concerns eased over US monetary policy and the chances of an American <a href="https://www.dawn.com/news/1967052">attack</a> on Iran, while stock markets pushed higher.</p> <p>Both main crude oil contracts shed
Business
Bulls cross 185,000 milestone on value-hunting
<p>KARACHI: After initial volatility, the Pakistan Stock Exchange (PSX) on Monday extended weekend recovery momentum and managed to settle above the 185,000-point milestone as banking scrips attracted value-hunters, though cement and fertiliser secto
Business
Pakistan, Uzbekistan eye $2bn trade in two years
<figure class="media w-full sm:w-full media--center media--uneven media--stretch"> <div class="media__item "><img alt=" SAPM Haroon Akhtar Khan and Uzbekistan Minister of Investment, Industry and Trade Laziz Kudratov shake hands after
Business
Annual consumer price index rose 5.8pc year-on-year in January
<p>Consumer price inflation rose 5.8 per cent year-on-year in January, official data showed on Monday, underscoring the central bank’s warning that price pressures could temporarily breach its target band as economic activity picks up.</p> <p>The rea
Business
KSE-100 rebounds after early sell-off to close over 800 points up
<p>Pakistan’s benchmark index, KSE-100, rebounded late afternoon on Monday after a dip in early intraday trading to close in the green, up 0.48 per cent from its last close.</p> <p>The index closed at 185,057.83 points, an increase of 883.35 points f
Business
KSE-100 rebounds after early sell-off, up 900 points in late afternoon trading
<p>Pakistan’s benchmark index, KSE-100, rebounded late afternoon on Monday after a dip in early intraday trading.</p> <p>The index had been down 0.18 per cent from its previous close of 184,174.48 points at 11:20am, to 183,840.03 points. However, by
Business
KSE-100 sheds over 300 points during early intraday trading
<p>Pakistan’s benchmark index, KSE-100, shed 334.45 points during early intraday trading on Monday.</p> <p>The index was down 0.18 per cent from its previous close of 184,174.48 points at 11:20am, to 183,840.03 points.</p> <p>This drop comes on the h
Business
The yellow metal road to security
<p>Reports of the dollar’s imminent demise may be exaggerated. However, the sharp gold price <a href="https://www.dawn.com/news/1944039">surges</a> in recent years highlight that a consequential change in the international financial system is underwa