Asian markets rise after Fed chief boosts US confidenceAsian markets rose on Wednesday, tracking a Wall Street rally after the head of the Federal Reserve expressed confidence in the US economy despite fears of a global trade war. Federal Reserve chief Je...
PSX index extends bullish momentum, up 965 pointsKARACHI: Pakistan equities on Wednesday closed rock solid at 40,898 level as momentum in Steel and Cements boosted investor's confidence. The bourse concluded on a positive note once again as benchmar...
PTCL group grows at 4% YoY, it announces interim dividend of Re1 per shareISLAMABAD: Pakistan Telecommunication Company Limited (PTCL), country's leading telecom and ICT services provider, has announced its financial results for the half year ended June 30, 2018, and an int...
Oil prices fall on rise in US stocks, demand worriesOil prices fell on Wednesday on news of a rise in US crude inventories last week, defying analyst expectations for a big fall, while concerns about weak demand growth also resurfaced. Brent futures we...
Chevron Pakistan Lubricants completes phase 1City, State., Month XX, Year - On July 16, 2018, Chevron Pakistan Lubricants (Private) Limited (CPLPL) held an inauguration ceremony for Phase 1 modernization and expansion of its Lubricants Blending...
Yellow metal price remains under downward correction on dull hedgingGold-Futures speculations and insignificant buying by leading buyers kept metal prices under technical correction while buyers in international and domestic market made cautious deals on Futures-outpu...
Greenback closes firm in value versus domestic unitThe US currency edged higher in value versus rupee in interbank while closed depressed in open market, treasurers and currency dealers said. The greenback remained firm at Rs 125.50 for buying and clo...
Buyers remain eager for second grade of lint amid strong physical pricesOn depleting stocks of better grades of lint, buyers remained in hunt for second grade of produce during trading session at cotton market, traders said. Buying for all grades kept general prices of li...