Tag Archives: Stocks

KSE down 41pts

KSE down 41pts

Pakistan Stocks closed lower amid high volumes on institutional profit taking after fall in global commodities and capital markets on global growth fears. This was opined by Ahsan Mehanti, Director at Arif

$1.12bn worth of optimism

Pakistan’s main stock market closed northwards on Tuesday. The Pakistan Stocks closed higher amid institutional interest in oversold market. Investors took positions in stocks across the board as Pakistan, US sign NATO

Bears are macroeconomic connoisseurs

Pakistan Stocks closed lower amid thin trade on investor concerns for uncertain macroeconomic situation, security concerns regarding Nato supply routes and limited foreign interest ahead of release of pending US Coalition Support

Stocks, euro slide

Stocks fell, the euro hit a two-year low against the dollar and oil slumped more than 3 percent on Friday after disappointing U.S. jobs growth reinforced worries the American economy was mired

EU agreement lifts optimism

Japan’s Nikkei average jumped 1.5 percent on Friday to close above the key 9,000 level for the first time in seven weeks after European leaders agreed to take emergency action to bring

Asian stocks fall

Asian shares fell on Friday and the safe-haven dollar hovered near its highest in a week-and-a-half after weak manufacturing data from the United States, Europe and China heightened fears over the outlook