The Pakistan Stock Exchange (PSX) ended the week on a bearish note, with the benchmark KSE-100 Index sliding 1,701 points, or 1.09%, to close at 154,440 on Friday. The session began on a positive footing, but momentum faded quickly as profit-taking set in, pushing the index below the key 155,000 level. Heavy selling in index-heavy…
Wall Street traded near record highs on Thursday as fresh US economic data reinforced expectations that the Federal Reserve will cut interest rates next week to support growth. The S&P 500 rose 0.3% in early trade after setting new records in the last two sessions, while the Dow Jones Industrial Average advanced 95 points and…
New Delhi: The Securities and Exchange Board of India (SEBI) on Monday announced revised settlement schedules for the equity and derivatives segments in view of settlement holidays declared on September 5 and 8, 2025, by clearing corporations. The holidays, observed on the occasion of Id-E-Milad, mark the birth anniversary of Prophet Muhammad. While trading on…
Last Updated:August 27, 2025, 13:14 IST BNP Paribas, a unit of the French banking group, has executed a series of large block deals worth more than Rs 3,000 crore across multiple companies Block Deal BNP Paribas Financial Markets, a unit of the French banking group, has executed a series of large block deals worth more…
U.S. markets were steady Tuesday morning after President Trump said he had removed Lisa Cook from the Federal Reserve’s Board of Governors, an unprecedented move that analysts say could rattle investors. As of 9:45 a.m. EST, the S&P 500 was down 2 points, or 0.1%. Meanwhile, the Dow Jones industrial Average gained 2 points. The…
Last Updated:August 26, 2025, 15:40 IST Indian benchmark indices were trading near the day’s low on Tuesday, weighed down by weak global sentiment ahead of fresh US tariffs Stock Market Crash Today Why Is Stock Market Down Today? Indian stocks ended lower amid reports that the US President notified additional 25 per cent tariffs on…
KARACHI: The Pakistan Stock Exchange (PSX) closed lower on Tuesday amid ongoing contract rollover pressure on investors. The KSE-100 index remained volatile, hitting intra-day high of 149,453 points, before coming significantly down to close at 148,435, a decrease of 380.24 points, or 0.26%. Analysts mentioned that concerns over a proposed hike in industrial gas tariffs,…
Crypto firm has entered into a credit agreement with crypto exchange Gemini ahead of the latter’s initial public offering (IPO). The crypto exchange revealed the details of this agreement in its IPO filing, with the amount expected to be used to finance some costs that may arise during the public offering.  Details Of Ripple’s Agreement…
Last Updated:August 19, 2025, 15:15 IST Defence stocks fell as hopes of a Russia-Ukraine ceasefire gained traction following US President’s meeting with Ukrainian President Defence Stocks Fall (Representational Photo) Defence stocks came under pressure on August 19 as hopes of a Russia-Ukraine ceasefire gained traction following US President Donald Trump’s meeting with Ukrainian President Volodymyr…
The Pakistani rupee remained largely stable against the dollar on Tuesday, while showing slight fluctuations against other major currencies. Major commodities such as oil are primarily traded in US dollars, while several economies, including Saudi Arabia, continue to peg their currencies to the greenback. According to the National Bank of Pakistan (NBP) rate sheet, the…
