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Market watch: Uptrend continues at PSX ahead of IMF meeting | The Express Tribune
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[ad_1] KARACHI: The ongoing rally continued at the Pakistan Stock Exchange on Wednesday and the KSE-100 index breached the 46,000-point mark as investors anticipated the resumption of International Monetary Fund (IMF) loan programme. The IMF board was set to meet late on Wednesday and review Pakistan’s case as the country met its prior conditions. Market…
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Market watch: Stocks rally as investor optimism grows | The Express Tribune
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[ad_1] KARACHI: Bulls continued to dominate trading at the Pakistan Stock Exchange on Tuesday, as the benchmark KSE-100 index recorded significant gains for the second consecutive session, rising 300 points. The index managed to stay in the green zone throughout the day. A host of positive triggers including the rise in revenue collection by the…
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Carbon market surges to $851b | The Express Tribune
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[ad_1] LONDON: The value of traded global markets for carbon dioxide (CO2) permits grew by 164% to a record €760 billion ($851 billion) last year, analysts at Refinitiv said on Monday. Most of the increase came from the European Union’s Emissions Trading System (EU ETS), which was launched in 2005 and is the world’s most…
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Market watch: Bulls stage comeback on positive triggers | The Express Tribune
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[ad_1] KARACHI: Bulls staged a comeback at the Pakistan Stock Exchange on Monday, after a week of volatile trading, as the benchmark KSE-100 index registered a decent rally, starting the week on a positive note. Bullish sentiment prevailed throughout the day that kept the KSE-100 index in the positive territory. Trading activity received a major…
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Market watch: Stocks close flat on economic uncertainty | The Express Tribune
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[ad_1] KARACHI: Uncertainty shrouded the Pakistan Stock Exchange on Friday and a mixture of bullish and bearish sentiment led to a flat close of the benchmark KSE-100 index on last trading day of the week. While the market cheered the approval of State Bank of Pakistan (SBP) Amendment Bill by the Senate and saw fresh…
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Market watch: Drop in T-bill yields pushes up stock market | The Express Tribune
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[ad_1] KARACHI: Bulls held their grip on the Pakistan Stock Exchange on Thursday, pushing the KSE-100 index above the 45,000-point mark, as investors cheered the drop in yields on government papers in the latest auction. On Wednesday, the rate of return on T-bills and Pakistan Investment Bonds (PIBs) declined owing to the status quo in…
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Market watch: KSE-100 ticks up in range-bound session | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange staged a rebound on Wednesday but the KSE-100 index rose just 67 points in range-bound trading as investors were wary of surging Covid-19 cases in the country and increasing global crude oil prices. Trading remained mixed as bulls locked horns with bears to take control of the market. Escalating…
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IMF warns of possible market correction as interest rates rise
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[ad_1] A picture of the IMF headquarters in Washington DC. — AFP/File WASHINGTON: Global equity markets that have see-sawed in recent weeks but show signs of “overvaluation” are at risk of a sharp correction as major central banks raise interest rates, a top international Monetary Fund (IMF) official said Tuesday. “We are certainly living in…
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Stocks lose 94 points in range-bound market
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[ad_1] KARACHI: Another session of range-bound activity took place on the stock exchange on Monday as investors waited keenly for the interest rate decision by the central bank’s monetary policy committee. Activity on the main board remained gloomy on the first day of the roll-over week. Third-tier stocks witnessed hefty volumes while value buying took…
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Pakistan launches $1bn Ijara Sukuk in global market
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[ad_1] ISLAMABAD: Pakistan on Monday launched the $1 billion Islamic bond — Ijara Sukuk — in the global capital market at 7.95 per cent return payable on a semi-annual basis with a maturity of seven years i.e. January 31, 2029. Listed at the London Stock Exchange, the latest Sukuk bond turned out to be the…
