Asian markets boosted by bargain buying as dollar climbsAsian markets on Thursday recovered from the previous day's hammering, oil prices bounced and the dollar extended a rally on the back of expectations the US is better prepared to deal with a trade war...
Fertilsers lead recovery at PSXKARACHI: Pakistan equities on Thursday managed to close in green after a shallow morning start. Market opened gap down as Index heavy Exploration and Productions (E&Ps) took the brunt of selling f...
SECP approves PICIC Investment Fund & PICIC Growth Fund conversion into open-end fundsISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved the conversion of PICIC Investment Fund and PICIC Growth Fund being managed by HBL AMC into open-end funds. The SECP m...
UK releases long-awaited and already derided Brexit planThe British government released detailed plans Thursday for what it called a "principled pragmatic and ambitious" Brexit — plans that already triggered the resignation of two top ministers and split t...
FFC Energy Limited extends contract with Descon Power SolutionsDescon Power Solutions (DPS) successfully completed Operations & Maintenance (O&M) project with FFC Energy Limited (FFCEL). The successful completion of the five year contract led to the O...
Oil prices flat as IEA warns of output capacity limitsOil prices steadied on Thursday after sharp losses the previous session as the International Energy Agency (IEA) said the world's oil supply cushion "might be stretched to the limit" due to production...
Yellow metal sheds valueGold prices in international as well as in domestic market fell as investors in USA and major countries kept them away from buying on fears of USA-China trade war and global economic depression. Spot...
Greenback closes even in value versus domestic unitThe dollar closed flat in value against the rupee in the interbank market, treasurers said. Dollar shed value in open market, dealers said. It started day's trading at Rs 121.40 for buying, with no va...
Demand for better grades of lint keeps prices firmDemand for better grades of lint kept overall prices firm during trading session at cotton market while grade-conscious buyers made a month deals on premium price, traders at Karachi Cotton Associatio...