NEW YORK -  US stocks closed out another week of new record highs Friday as investors focused on the positive side of mixed economic news and corporate earnings.Retail sales barely budged higher in April and jobless claims rose, but permits to build housing soared and consumer inflation ...

Karachi stocks hit an all-time high Monday following Nawaz Sharif's strong victory in landmark elections, which raised hopes the steel tycoon's pro-business agenda could spark an economic revival.The benchmark index of top 100 shares rose 1.68 percent to 20,250.42 points in afternoon trade, ...

karachi - Market closed to an all-time high Thursday on the back of continuous rally in mid cap stocks and better March quarter results. The local equity benchmark KSE 100-share index gained 105.95 points or 0.56 per cent to end the day at 18885.61 points compared to 18779.66 points of the day ...

LONDON : World oil prices rose sharply on Wednesday as traders set aside demand concerns after a raft of weak global economic data, and digested the latest update on American energy stockpiles, analysts said. Brent North Sea crude for delivery in June jumped $1.31 to $101.62 per barrel in late ...

karachi - The stocks closed lower at KSE amid institutional profit-taking on dismal earning announcements and concerns for security situation in the city.At local equity market, the benchmark KSE 100-share index shed 25.66 points or 0.14 per cent to stop the day at 18605.55 points as compared to ...

KARACHI - Stocks closed bearish amid institutional profit-taking in blue chip stocks across the board on uncertainty after SECP chair appointment was termed illegal and invalid by Supreme Court.At local equity market, benchmark KSE 100-share index shed 50.27 points or 0.27 percent to conclude the ...

KARACHI - Local bourse continued its upward momentum for the consecutive 3rd day of the week. Market closed at all-time high on investor interest in blue chip stocks across the board ahead of quarter-end earnings announcements amid speculations for a rate cut in the upcoming SBP policy announcement ...

KARACHI - Stocks closed bearish Thursday amid thin trade in stocks across the board on speculations over political set-up in the country.At local equity market, the benchmark KSE 100-share index shed 212.30 points or 1.27 per cent to close the day at 16,529.92 points as compared to 16742.22 points ...

KARACHI - Index closed at yet another highest level led by selected blue chip stocks in fertilizer and banking sectors amid speculations ahead of SBP policy rate announcement after record low CPI Inflation for Nov’12.The Karachi stock market KSE-100 share index added 25.55 points or 0.15 ...

KARACHI - Stocks fell sharply after major corporate earning announcements. Concerns over circular debt in the energy sector and slowdown in cement sector dispatches affected the investor sentiments, analyst observed here on Thutsday. At the local equity market, thebenchmark KSE 100-share index lost ...

KARACHI – The Karachi stock market closed lower in the earnings announcement session on Thursday as investors awaited announcements on revised CGT regime. The benchmark KSE 100-share index shed 8.48 points or 0.06 percent to conclude the day’s trading at 13,929.47 points as compared to ...

Stocks climbed 0.9 percent to close at a four-year high on Wednesday, led by banking and cement shares on hopes of healthy earnings, dealers said. The Karachi Stock Exchange benchmark 100-share index ended 125.68 points higher at 13,575.41 points, its highest close since May 2008. Volume rose to ...

ISLAMABAD - The Sugar Advisory Board (SAB) on Monday showed satisfaction over the commodity stocks in the country, as it observed that sugar stocks would reach 5.2 million tons by the end of crushing season 2011-2012.Meeting of the Sugar Advisory Board was held in the Ministry of Industries, which ...

WASHINGTON  - Dull but still positive economic data helped US stocks to another weekly gain Friday, with the S&P 500 chalking up its third straight weekly rise, and its eighth rise in nine weeks.The gains were minimal after a solid runup from the beginning of the year, and traders could ...

WASHINGTON  - A five-week streak of gains on US markets ended Friday after revived worries that Greece will default on its huge mountain of debt sent stocks falling.Clear signs that Athens was close to a political deal that would enable a huge debt restructuring and new European Union bailout ...

KARACHI (Reuters) Shares at Karachi market ended lower in thin trade taking a cue from world markets, dealers said. Fears about out-of-control government debt on both sides of the Atlantic swept across financial markets again on Monday, knocking stocks sharply lower and pushing up prices of bonds ...

NEW YORK (Reuters) - Fridays jobs report that showed hiring in the United States unexpectedly ground to a halt in August is increasing speculation the US Federal Reserve will move to stimulate the economy. But will it help stocks? Fed actionif it happensis no longer viewed as the elixir for the ...

DHAKA (APP/AFP) - The Dhaka Stock Exchange is in meltdown and observers are blaming the crisis on mistimed interventions by regulators triggering mass panic among millions of inexperienced retail investors. A correction was widely expected on the DSE, which is up 400 percent since the start of ...

NEW YORK/LONDON (Reut-ers) - World stocks ended 2010 at their highest levels in 28 months on Friday and oil touched a 26-month peak as expectations of a further recovery in the global economy supported investors' appetite for risk heading into the new year. However, recent figures pointing to ...

DOHA (APP) - Qatars stock market index surged seven percent at opening on Sunday, the first trading day after the Gulf state won the bid to host the 2022 football World Cup. The Qatar Exchange index fell back slightly later, easing to 8,530.60 points at 10:20 am (0720 GMT), but it was still 4.22 ...

Notable buying by the foreign fund managers in the local bourses created a bullish trend that the bearish factors, mostly domestic in nature, failed to reverse despite midweek correction during the week ending Friday last. Unlike the foreign players that remained bullish throughout the week under ...

Market players could foresee even better than the fortunetellers. That is why perhaps they find hardly any hurdle in the way of Reformed General Sales Tax (RGST), unlike the political analysts that are counting numbers in National Assembly. Indifferent to the havoc this extension of the General ...

Pakistans capital mar ket opened week end ing Friday last amid growing political uncertainties, worsening law and order, and deteriorating economic situation as players preferred sidelines again squeezing volumes of trade to alarming lows. The market was literally range-bound on Monday last when ...

SAO PAULO (AFP) Brazilian football legend Pele became the public face of Sao Paulos stock exchange Tuesday, as the institution sought to encourage ordinary Brazilians to buy into the countrys equities boom. The 69-year-old, considered the greatest player in footballing history, appeared in suit ...

NEW YORK (AFP) - Encouraging company earnings have propelled Wall Street stocks to their best levels in a month but concerns over a slowing economy are expected to continue dogging markets. Over the week, the blue-chip Dow Jones Industrial Average jumped 3.2 percent to end Friday at 10,424.62 a ...

NEW YORK, (AFP) - After a rough start to earnings season, US stocks face a tidal wave of corporate results next week amid growing worries the US economic recovery is slowing. Stocks fell off a cliff Friday after a sagging consumer confidence index and mixed earnings spooked investors. What was ...

HONG KONG (AFP) - Asian shares lost ground and the dollar fell to its lowest level against the yen this year on Friday due to weak US and Chinese economic data, although Mumbai was lifted by positive earnings. Sentiment took a hit from news out of the United States earlier of a drop in ...

ISLAMABAD (APP) - The state-run company-Pakistan State Oil (PSO) is in financial straits these days, reducing its oil stocks to 11 days of the national requirement. The PSOs is left with only three-day petrol reserves while the diesel stocks can last for 11 days and the situation can further ...

Capital market bettered by three percentiles amid improving volumes of trade after the foreign fund managers renewed their interest in Pakistani stocks and local players cautiously followed the suit during the week ending Friday last. Traders opened the week on negative note due to bearish trend ...

NEW YORK (Reuters) - The U.S. stock market landed at a technical crossroads following its best week in a year, yet the potential for positive earnings surprises beginning next week could give an edge to the bulls. Analysts turned increasingly bearish before the start of earnings season. Sentiment ...