Stocks
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Stocks rebound but head for worst January since 2016 | The Express Tribune
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[ad_1] LONDON: Stocks staged a modest rebound on Monday as traders put aside concerns about interest rate rises and the crisis in Ukraine to dip back in, but global equities are still headed for their worst January since 2016 after a bruising month. The rise in European shares follows a late surge on Wall Street…
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Stocks edge up in range-bound trading | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange witnessed a range-bound trading week as the benchmark KSE-100 index experienced both bullish and bearish pressures, stemming from many encouraging and dismal developments. On the one hand, market participants cheered the status quo in monetary policy and the approval of SBP Amendment Bill by the Senate, but on the…
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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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Stocks flat for 2nd day as loan remains elusive
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[ad_1] KARACHI: Stocks on Wednesday trod water for second session, as International Monetary Fund (IMF) huddle to finalise the coveted loan was moved to February, traders said. Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Share Index closed inched up 67.28 points or 0.15 percent to 44,955.05 points with the top and the bottom of the day…
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Forex Today: US Stocks Gyrate Again Ahead of FOMC
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[ad_1] (MENAFN- Daily Forex) US stock markets fell again yesterday before rebounding later on, with the S&P 500 & NASDAQ 100 indices recovering losses but still ending the day below their respective 200-day moving averages. During the Asian session, stocks have traded sideways. The market is awaiting tonight’s US Federal Reserve policy release and interest…
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Stocks extend losses on profit-taking
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[ad_1] KARACHI: Trading on the stock exchange began on a positive note on Tuesday after the central bank’s decision to keep the benchmark interest rate unchanged at 9.75 per cent. The market stayed in the green zone with cement stocks remaining in the limelight on the expectation of high earnings in the upcoming results’ season,…
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Stocks wind up flat as economy seen in a wobble
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[ad_1] Stocks on Tuesday were flattened by profit-taking as central bank’s slashing its growth forecast for this fiscal raised questions over economic recovery amid IMF loan limbo, traders said. Benchmark KSE-100-share Index eased by 36.14 points or 0.08 percent to 44,887.77 points after swinging between 45,255.92 and 44,847.71 points during the . Ahsan Mehanti, an…
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Forex Today: Stocks Tumble to Correction on Fed
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[ad_1] (MENAFN- Daily Forex) Stock markets fell hard yesterday before rebounding late, with the S&P 500 Index recovering all its losses but still ending the day below its 200-day moving average. At one stage, the index was down by more than 10% from its record high, into correction territory. During the Asian session, stocks have…
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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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Stocks slip on political, virus risks
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[ad_1] Stocks fell on Monday ahead of monetary policy announcement, which was mostly expected to be dovish; however, ongoing political turbulence amid virus’s fifth wave spurred late profit-taking, traders said. Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Shares Index lost 94.37 points or 0.21 percent to close at 44,923.91 points after testing a day high of…
