Asian markets swing after bruising week with trade centre stageAsian equities were mixed on Friday after another painful week as fears of an all-out trade war between Beijing and Washington keep investors on edge, while China's stock market was toppled by Japan a...
PSX index ends positive amid range-bound tradingKARACHI: PSX closed last day of the week positive after range-bound trading as the index made an intraday low and high of -233 points & +223 points, respectively. Market kicked off negative in the...
Cement despatches grew by 5% in July 2018The cement sector continued its growth pattern at the start of this fiscal after conclusion of its most successful year that ended on June 30, 2018. Despite disruption caused by hectic election activi...
Local tiles industry struggling to stay afloatDespite imposition of a regulatory duty on the import of tiles, the local tiles industry is struggling hard to stay afloat due to low valuation of imported tiles of all origins, many of which have bee...
Oil supported as new hedges placed, but rising global supplies weighOil prices were steady on Friday, supported by traders placing new hedges in the futures market in anticipation of a decline in US crude inventories, but held back from advancing by the prospect of ri...
Master Motor Handed Over OGRA Compliant Vehicles to PSO for POL Transportation“Master Motor Corporation Ltd. (MMCL) in pursuit of its commitment to safe transportation of petroleum products has developed vehicles in compliance with standards set by Oil and Gas Regulatory Author...
Yellow metal price remain under correction on Gold FuturesGold price remained under correction on petty demand and adjustment in physical prices in domestic and international market. Physical trading remained insignificant. Metal stood dull in value by $3 an...
Greenback remains flat in value versus domestic unitThe greenback closed even in value against the domestic unit in interbank on back of dull demand from import and corporate sector, treasurers said. The flatness in value of dollar against domestic uni...