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Tag Archives: analysts

Oil price falls to $44.08 a barrel, touches lowest level in 6-years in Asia

LONDON: Oil continuously weak in Asia on Thursday after data screening record U.S. stockpiles sent cost dropping to the lowest level in nearly six years in the last session and analysts said a global glut would continue to keep the market under pressure. The U.S. Energy Information Administration (EIA) said domestic crude oil stocks rose by almost 9 million barrels ... Read More »

Midday: Cheering KSE shores up gains to 168 points

KARACHI: Buoyancy helped the Karachi Stock Exchange shored up gains to take the tally to 168 points or 0.55 percent to reach 30544 points in the midday trading on Wednesday. Earlier, the market began the week on a positive note and the benchmark 100 index kept on upward march, setting the trend for the trading. The Karachi Stock Exchange KSE-100 ... Read More »

Midday: KSE consolidates rally, gains 183 points

KARACHI: Stocks consolidated its early rally and benchmark KSE-100 index kept on upwards march to gain 183 points or 0.16 percent to reach 30326 points, defying all speculations and fears amid various challenges the country is grapping with, in the midday trading on Wednesday. Earlier, the market opened at the overnight closing of 30143 and remained on positive note as ... Read More »