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Sunday, August 18, 2019

Asian Stocks Rise to One-Year High as Aussie Advances With Crude

Asian stocks rose to a one-year high and the dollar maintained losses from the last session as prospects for a U.S. interest-rate increase this month remained subdued. Australia’s dollar...

Pakistani stocks lower, rupee weakens, o/n rise

Pakistani stocks lower, rupee weakens, o/n rise KARACHI: The benchmark 100-share index of Pakistan's Karachi Stock Exchange closed 0.05 per cent lower on Friday. The index fell 9.65 points to...

Cotton output rises 11.7pc

The country has so far processed 10.366 million bales of cotton this season, a year-on-year growth of 11.7 per cent, according to the latest fortnightly report issued by the...

U.K. Fund Management Industry Swells to Record $11 Trillion

Assets overseen by U.K. fund managers swelled to a record 7.1 trillion pounds ($11 trillion) in the first half of 2015, according to TheCityUK. U.K. funds under management increased as...

Dar urges political parties to unite for economic prosperity

Dar urges political parties to unite for economic prosperity ISLAMABAD: Federal Finance Minister Ishaq Dar said the government has announced several measures in the budget 2013-14 to gear up economic...
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Govt. to rescue Pakistan’s MSCI Emerging Market Status

Govt. to rescue Pakistan’s MSCI Emerging Market Status A dedicated fund is under deliberation to support investor confidence MSCI Downgrade will be a dent...

Tracking change in consensus earnings estimate reveals 7% downgrade – Majid Munir

Tracking change in consensus earnings estimate reveals 7% downgrade in FY19 estimates, over the course of the past one year, for 37 of the...

Has the economic slowdown been factored into KSE100 – Majid Munir

The combination of CAD, fiscal deficit, depreciating PKR, rising inflation, and high interest rates will lead to demand contraction, margin compression due to higher...