Tag: #Stock Markets
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Global markets in turmoil after oil prices crash
The global stock markets have seen a bullish trend on Monday, following a sharp fall in oil prices in Asia and weak economic trends. Oil prices nosedived on worries a global economy weakened by a virus outbreak might be awash in too much crude. Saudi Revolt: Oil prices crash amid clashes in the Royal family…
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KSE-100: Single largest slump in history of over 2,000 points
Karachi: Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Share Index plunged in early hours of the first day of the business week. PSX recorded the single largest slump in history of over 2,000 points and reached 35,927.98 as of 10.34 am. In the first few minutes after the start of trading, the index fell 2,106.78 points…
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Global Markets Lifted by Growing Trade Optimism
London, Nov 27 (AFP/APP): Most stock markets crept ahead Wednesday on rising expectations that China and the United States would reach an interim trade deal after President Donald Trump said the talks were “in the final throes”. Observers said that while the broad consensus is that the two would wrap up something soon, there was…
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Global sell-off accelerates on weak US data
London, Oct 2 (AFP/APP):Stock markets were sharply lower Wednesday after worse-than-expected US data revived worries about the impact of the trade war on the global economy. Asian markets were weaker overnight and Europe tumbled, with London shedding more than 2.4 percent as investors took flight on news that US manufacturing activity fell to its lowest…