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All Stories: Stock Market

‘Strong rally’ in stock market shows ‘increasing investor confidence’ in govt measures: Hafeez

'The KSE-100 index was up by 14.9 per cent in November'

ECC okays Rs.20 bn sovereign guarantee to stabilize stock market

In order to stabilize the stock market of the country, the Economic Coordination Committee (ECC) here on Thursday approved the proposal of Finance Division authorizing the government to issue sovereign guarantee amounting to Rs.20 bn for investment in National Investment Trust's (NIT) State Enterprise Fund.

Confidence of investors enhances; stock market gains 550 points

The KSE 100 index benchmark collected 633.28 points in stock market.

Levi Strauss looks to deepen pockets with IPO

Levi Strauss & Co hopes to sell $587 million worth of shares in an upcoming return to the stock market after three decades, which would value the inventor of blue jeans at $6.17 billion and give it a potful of cash to invest in broadening its product range.

Facebook is sued after stock plunge ‘shocked’ market

NEW YORK: Facebook Inc and its chief executive Mark Zuckerberg were sued on Friday in what could be the first of many lawsuits over...

Saudi shares hit 32-month high as ‘confidence’ rises

The Saudi stock market surged to a 32-month high as analysts said higher oil prices and easing anxieties after US-led strikes on Syria helped fuel confidence.

Zuckerberg gets richer after his testimony to Congress in data scandal

WASHINGTON: Facebook CEO Mark Zuckerberg, after facing 10 hours of hard-hitting questions from the Congress, has finally made a comeback. The tech company's market...

Saudi corruption purge winds down but scars will linger

DUBAI: Saudi Arabia’s stock market celebrated the release of some of the kingdom’s top businessmen from detention on Sunday but the after-effects of a...

Bloomberg terms Pakistan’s economic growth ‘pleasant surprise’

NEW YORK: An article published in a major American business magazine has called the economic growth in Pakistan is a pleasant surprise. According to the article...

RPT-Pak index promotion, GDP rally winning combo for equity investors

LONDON, UNITED KINGDOM: A stock market boom and five per cent economic growth are helping Pakistan to find favour among international investors and its re-entry next year into a widely used emerging equity index could cement the rally.

One of six suspects arrested in Farhan murder case

KARACHI: A suspect accused of torturing and killing 32-year-old Farhan, along with accomplices over money issue has been picked up, claimed police officials investigating the case on Friday.

Indian temple accepts stock market shares as donations

MUMBAI: One of India's most high-profile Hindu temples said Wednesday it now accepts shares of listed companies as donations in a novel departure from the usual gifts of cash and gold.

Former China brokerage chief kills himself: Xinhua

SHANGHAI: The former head of Chinese brokerage Changjiang Securities has committed suicide, the official Xinhua news agency reported Tuesday, just weeks after the company said he was under investigation by authorities.

China lets yuan fall faster, share trading suspended as prices tumble

China allowed the biggest fall in the yuan in five months on Thursday, pressuring regional currencies and sending global stock markets tumbling as investors feared the Asian giant could trigger competitive devaluations from its peers.

Banks take spotlight as earnings season heats up

NEW YORK: The financial sector, recently a weak performer in the stock market, will garner the majority of investor attention next week as a number of big banks post their quarterly results.

China shares plummet more than 8% by the break

Shanghai - Chinese shares plummeted on Monday, wiping out the year's gains and leading a slump across Asian equities as Beijing's latest market intervention failed to restore confidence, with concern mounting about the stalling economy.

Tokyo's Nikkei index flat by break

TOKYO: Tokyo's Nikkei 225 stock index was flat Wednesday morning, as investors await the outcome of a Bank of Japan meeting and comments from its chief on the government's decision to delay a sales tax rise.

State Bank concerned over political turmoil

KARACHI: The central bank has expressed concern over the political turmoil in Pakistan saying that the uncertainty has caused recent depreciation of the rupee, ARY News reported on Friday.

Karachi Stock Market keeps the thrust up

KARACHI: Despite unstable political situation and Taliban acts of terrorism, foreign investment remained active in Karachi Stock Market on Tuesday, ARY News reported. KSE 100-Index...

KSE crashes down after Altaf’s arrest news  

KARACHI: Karachi Stock Exchange (KSE) crashed down by 780 points after the news of Muttahida Qaumi Movement (MQM) Chief Altaf Hussain's arrest in London...
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