Tag: #StockExchange
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Pakistan Stock Exchange off to a great start of 2022
The Pakistan Stock Exchange (PSX) started the new year with an optimistic outlook on Monday, proceeding with the same luck from the last few weeks of 2021. The benchmark KSE-100 file, while keeping up with its up walk, made a solid development as financial backers cheered recuperation in Pakistan rupee and improvements connected with the…
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Pak Rupee increases against US Dollar in the interbank market
Lahore, 27th July: Pak rupee has increased 0.43 paisa against the US Dollar in the interbank currency market. According to details from the forex dealers, the Pak rupee inched up 0.43 paisa against the United States dollar on Tuesday. As per reports, the rupee climbed over the US dollar from the previous close of Rs…
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China’s 10-year Treasury Bond Futures Closed Higher
BEIJING, March 10 (Xinhua/APP): China’s 10-year treasury bond futures closed higher on Wednesday, with the contract for March 2021 closing 0.09 percent higher at 97.51 yuan (14.98 U.S. dollars). The contract for settlement in June 2021 closed 0.15 percent higher at 97.18 yuan. The contract for settlement in September 2021 closed 0.14 percent higher at 96.90 yuan.…
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European Stock Indicies Decline
London, Jan 12 (AFP/APP): European stock indices declined Tuesday as hopes for coronavirus vaccinations and US monetary stimulus competed with fears over surging infections, tougher lockdowns, and political turmoil across the Atlantic, traders said. The dollar was mostly lower against other major currencies, while oil prices rose. Gains by the pound against the dollar weighed…
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NYSE will Delist 3 Chinese Telecom Companies
New York, Jan 6 (AFP/APP): The New York Stock Exchange reversed course again Wednesday saying it would delist three Chinese telecom equities from trading due to new US government guidance. The latest flip-flop, which will remove China Telecom, China Mobile, and China Unicom from the NYSE, reverts the exchange back to its original policy announced…
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Stock Markets Push Higher!
London, Jan 6 (AFP/APP): European and US stock markets pushed higher on Wednesday, with London jumping by almost 3.1 percent, on apparent wins by Democrats that should help incoming US President Joe Biden enact his economic plans. In the US state of Georgia, two Democratic candidates claimed victory in runoff elections that could give the…
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London Stock Suddenly Increase
London, Dec 29 (AFP/APP): London stocks surged Tuesday with investors relieved over Britain’s long-awaited Brexit deal with the EU, while eurozone equities also rose on US stimulus news with Frankfurt extending its record-breaking run. The British capital’s benchmark FTSE 100 index jumped 2.2 percent in late morning deals, having last traded on Christmas Eve before…
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Coronavirus Hits Eurozone Markets in London
London, Dec 22 (AFP/APP): Eurozone stock markets rebounded at the open Tuesday while London extended losses following sharp falls across Europe the previous session on concerns over the emergence of a more infectious coronavirus strain in Britain. London’s benchmark FTSE 100 index dipped 0.2 percent to 6,401.41 points. In the eurozone, Frankfurt’s DAX 30 index…
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Stock markets retreat as nervous investors pocket week’s gains
New York, March 28 (AFP/APP): Stock markets on both sides of the Atlantic retreated Friday as investors banked profits from the week’s rally sparked by massive government and central bank action to protect economies from the coronavirus. “Today’s selling off is most probably a consequence of three days of strong gains and a paring of…
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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…