Pakistan stocks lose 132 points amid selling pressureKARACHI: The KSE-100 Index witnessed pressure on Friday and ended up closing down 132 points at 43,363 points levels, where anticipation of FTSE semiannual rebalancing took place. Traded volumes decre...
OGDCL makes five discoveries in 2016-17, working to drill 28 Wells this yearISLAMABAD: Oil and Gas Development Company Limited (OGDCL) has drilled 22 wells including 12 exploratory/appraisal and ten developmental during the last fiscal year, besides injecting approximately 1,...
Asian markets mixed after week of fluctuationAsian investors remained on edge Friday as the curtain came down on another volatile week for markets with fears of a global trade war playing off against a positive economic outlook. Dealers have swu...
Ten years after JPMorgan/Bear Stearns deal banksTen years after JPMorgan (JPM.N) bought failing investment bank Bear Stearns, one of the first big harbingers of the financial crisis, investor views on US banks are significantly brighter, although t...
Buying in old crop on higher side amid firm physical prices at lint market KARACHI: Buyers made deals on selective note depending on grade issue during trading session with firm physical prices at lint market. Grade issue kept leading buyers to make cautious deals whi...
Yellow metal price witnesses dull trend on Futures correction, hedgingKARACHI: Yellow metal price remained down in international and domestic bullion market on Futures correction and dull trading as metal speculators feared better output and prolonged overall internatio...
Dollar remains flat in value versus domestic unitKARACHI: The rupee showing a mixed trend against dollar during interbank trading resisted its decline due to dull payments made by banks. The US currency, closed flat at 110.30 versus rupee for buying...