14 C
Islamabad
Tuesday, November 20, 2018
Home Market

Market

Return News is Pakistan's 1st markets, industries, agriculture, business, industry and economy news aggregator. It brings Pakistan focused news from various national and international newspapers and news channels. For latest updates about economy and business landscape of Pakistan, please follow us.

KARACHI: Morgan Stanley Capital International (MSCI) excluded Pakistan’s two blue-chips from its emerging market index on deviation from free-float standards, bringing the country’s tally down to three companies and fuelling foreign sell-off risks, analysts said on Wednesday. Global index provider MSCI announced the decision of its semi-annual review last on...
Stocks fell on Monday amid across the board declines, as investors’ awaited MSCI Semi-Annual Index review decision and the outcome of talks with the International Monetary Fund (IMF) officials, dealers said. Murtaza Jaffer from Elixir Securities said, “The index traded under pressure due to lack of triggers, as Ministry of...
THE market is anxiously waiting to watch the results of the Morgan Stanley Capital International (MSCI) Semi-Annual Index review on Nov 13. One of the reasons that the market fell by 615 points in the outgoing week, snapping a three-week gaining spree, was widely thought to be the investors’ fear...
KARACHI:  The stock market endured a volatile session on Thursday as the index failed to sustain positive momentum of the preceding session and slipped into the negative territory. The KSE-100 index skidded lower amid choppy trading, dropping nearly 250 points and hitting an intra-day low of 41,284.64. Selling pressure was witnessed as...
KARACHI: The stock market cheered Finance Minister Asad Umar’s statement that dispelled worries over the country’s external sector woes. He asserted on Tuesday that in addition to the $6 billion bailout package from Saudi Arabia, the Chinese commitment for financial assistance has averted Pakistan’s immediate balance of payments crisis. Although...
The benchmark KSE-100 shares index lost more than 500 points on Tuesday, as investors did not receive any news on China’s immediate financial support for Pakistan, dealers said. Shumaila Badar, head of research at Ismail Iqbal Securities said the market slipped due to continuation of Monday’s bearish sentiment and fears...
KARACHI:  The overbought stock market came under massive selling pressure on Monday as the KSE-100 index plunged over 900 points in intra-day trading before recouping almost half of the losses. Investors opted to offload part of their holdings awaiting clarity on the financial assistance, if any, from China. Earlier, the index dropped...
KASB Morning Shout: We expect to hear more on the front of Chinese financial assistance. Firstly we think the market is underappreciating the significance of the currency swap. In the past the SBP has used it to borrow money in yuan against PkR and then convert that into USD...
OFTENTIMES it is the fear of missing out that dictates the dynamics of the stock market. Battered alternatively by political and economic uncertainty since the market started to melt following the MSCI Emerging Market Index entry debacle in May 2017, the Pakistan equity market took a dramatic turn in the...
KARACHI: Chief Executive Officer (CEO), Pakistan Stock Exchange, Richard Morin on Saturday said he saw tremendous opportunities for investors, where they could buy PSX equities, specially KSE-100 Index stocks, at a very attractive price. Investors can buy equities at a price-earnings ratio of 7.6 times today, he said. In comparison, the...

Opinion

Economy

Daronomics and its aftershocks

The former Finance Minister Ishaq Dar has finally come out to share his side of the story on what went wrong with the economy....