Monday , March 30 2020
Breaking News
Home / Tag Archives: investors (page 2)

Tag Archives: investors

First Alibaba result records 15pc hike in income to $1.11b

NEW YORK: Alibaba Group Holding reported quarterly results, showing a 15 percent rise in its net income to $1.11 billion (HK$8.65 billion) for the July- September period, meeting forecasts. It was the mainland e-commerce giant’s first report to investors since its record-setting $25 billion listing in September. The non- Generally Accepted Accounting Principles net income – which excludes the share- ... Read More »

Opening: KSE opens on positive note, gains 107 points

KARACHI: Stocks began the week on a positive note and the Karachi Stock Exchange KSE-100 went up 107 points or 0.35 percent to 30484 points in early trading on Wednesday. The market opened at the weekend’s closing of 30376 points and despite remaining closed for two extra days, appeared positive. The sentiments were high and the index kept on upward ... Read More »

Tokyo stock opens 0.46pc lower, Nikkei index sheds 77.03 points

TOKYO: Tokyo stock markets Wednesday opened 0.46pc lower as the investors took profits after pushing the Nikkei to a fresh seven-year high on surprise stimulus measures by the Bank of Japan. The Nikkei index fell 77.03 points to 16,785.44 in the first minutes of trade, easing from Tuesday´s close of 16,862.47. Traders expected to see some consolidation after the Nikkei ... Read More »

Opening: KSE recouping overnight losses, gains 74 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index Thursday started with positive note, recouping two days losses and gained 74.38 points to reach 30187.62 points with the total volume of 2,568,650 shares till 9:45am. On Wednesday, the benchmark KSE 100-index lost 112.38 points to reach 30113.24 points and volume of 169,324,030 shares. Earlier on the day at opening, the KSE showed ... Read More »

Pervaiz blames financial crunch for delay in IP gas pipeline

ISLAMABAD: Federal Minister Pervaiz Rashid has blamed financial constraints in carrying out Iran-Pakistan (IP) gas pipeline project and said that the international financial institutions were reluctant to give funds to Pakistan due to sanctions on Iran. He was talking to media along with Board of Investment Chairman Dr Miftah Ismail after the conclusion of a two-day International Investment Conference. The ... Read More »

Opening: KSE adds to overnight gains, up by 58 points

KARACHI: Stocks consolidated its overnight gains as Karachi Stock Exchange benchmark KSE-100 index kept on upwards march and added 58 points or 0.19 percent to reach 30297 points in early trading on Tuesday. The market opened on a positive note, though investors appeared cautious, the overall sentiments remained bullish. The KSE opened at the overnight closing of 30238 and steadily ... Read More »

Govt trying to regain confidence of investors: Dastgir

Government would soon introduce multi-phased comprehensive plan to ensure national economical stability     SIALKOT: Federal Commerce Minister Khurram Dastgir Khan on Monday said the PML-N government’s economical policies were helping in restoring the confidence of the national and foreign investors. He also reaffirmed to complete the past economical development agenda of the PML-N. GSP Plus status given to Pakistan ... Read More »

Nawaz welcomes 350 delegates on int’l trade moot

ISLAMABAD: With participation of 350 delegates, an international moot titled “Invest Pakistan: priority sectors and legal framework for investment in the country” will start here today. The event will highlight Pakistan’s investment regime and opportunities for investors in different economic fields. Prime Minister Nawaz Sharif will inaugurate the two-day conference. The Board of Investment is organising the moot to show Pakistan’s ... Read More »

Midday: KSE 100-Index maintains upward rally

KARACHI: Started with positive note, the Karachi Stock Exchange (KSE) 100-index witnessed variation in trading till midday as the index observed highest trading of 30247 points and lowest trading of 30098 points. The KSE index gained 27.68 points to reach 30126.17 points with total volume of 41,749,800 shares on the fist day of trading week. Earlier, benchmark KSE 100-index gained ... Read More »

Tokyo stocks gain 0.37pc, Nikkei index up 57.29 points to 15,348.93

TOKYO: Following advances on Wall Street, Tokyo stocks gained 0.37 percent but market gains were limited by investor caution. By the break, the Nikkei 225 index at the Tokyo Stock Exchange climbed 57.29 points to 15,348.93 while the Topix index of all first-section issues was up 0.53pc, or 6.57 points, at 1,248.89. Yutaka Miura, senior technical analyst at Mizuho Securities, ... Read More »

Oil edges above $86

LONDON: Oil Wednesday rose further above $86 a barrel following an industry report showing a smaller-than-expected hike in US crude inventories. Brent crude edged 13 cents at $86.35, edging further away from the October 16 low of $82.60, its weakest since 2010. U.S. crude fell 4 cents to $82.45 a barrel. Tony Machacek, broker at Jefferies in London said, “Brent ... Read More »

Opening: Qadri decision helps KSE take mammoth leap of 269 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index Wednesday witnessed upward rally and took a mammoth leap of 269.54 points or +0.91pc to reach 29963.81 points with the volume of 9,753,700 shares after Pakistan Awami Tehreek leader Tahir-ul-Qadri announced his prolonged sit-in in the federal capital of Pakistan. On Tuesday, the benchmark KSE 100-index lost 16.85 points to reach 29694.27 points ... Read More »

Midday: Bears make strong comeback, KSE plunges 258 points

KARACHI: The investors have to bear huge loss as Karachi Stock Exchange (KSE) 100-index Wednesday plunged 258.30 points, reaching 30096.92 points with volume of 4,258,484,211 shares till midday. The country’s biggest stock exchange witnessed maximum trading of 30403 and minimum trading of 30062. Earlier, benchmark KSE-100 index opened with negative trend and shed 21 points or -0.07 to reach 30333.58. ... Read More »

Tokyo markets close at 2-month low

TOKYO: Fears of global economic weakness Tuesday gripped the investors as Asian shares traded mixed, while Tokyo remained worst in the region, as a stronger currency weighed on the keyNikkei (Nihon Kenzai Shinbun: .N225) index. Japanese shares widened losses to finish at a new two-month low of 14,936, as the yen (Exchange:JPYUSD=) hovered near 107.1 against the greenback. The benchmark ... Read More »

Midday: KSE keeps upward momentum, adds 217 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index, continuing its upward motion of morning trading, has gained 217,76 points to stand at 30376.39 points and volume of 60,004,590. KSE started the trading week on Monday with positive note and gained 94.50 points to stand at 30253.13 at 10:30am. Last week KSE opened with a slow start after five days closure on ... Read More »

Price of spot gold to climb to $1,245 per ounce

SINGAPORE: The price of spot gold is likely to increase to $1,245 per ounce from $1,222 as the global economic outlook continued to worry investors. The upcoming resistance will be at $1,245, the 38.2 percent retracement, a break above which will open the way towards $1,264, the 50 per cent retracement. Based on the bullish momentum that drives the current ... Read More »

Dastgir vows to resolve foreign investors’ tax issues

KARACHI: The government will address all the problems faced by Overseas Investors Chamber of Commerce & Industry (OICCI), said Federal Minister for Commerce Engr Khurram Dastgir Khan. The federal minister, during his visit to OICCI, said that the government was introducing business-friendly policies and it was serious to resolve all the concerns of foreign investors, especially tax-related issues including timely ... Read More »

Midday: Stocks rally, consolidate gains to 173 points

KARACHI: The bulls rallied against bears in Karachi Stock Market as benchmark KSE-100 index consolidate position to continue upwards march and gained 173 points or 0.59 percent to reach 29,556 points in midday trading. Earlier, the market opened at the overnight closing of 29,383 points and showed resilience to offset the bearish trend. The investors remained cautious and vigilant in ... Read More »

Opening: KSE attempts to recoup losses, gains 36 points

KARACHI: The stocks on Tuesday attempted to rein in bear-run and the Karachi Stock Market benchmark KSE-100 index recouped some of the overnight losses by gaining 36 points or 0.13 percent to reach 29,419.91 points in early trading. Earlier, the market opened at the overnight closing of 29,383 points and showed resilience to offset the bearish trend. The investors remained ... Read More »

Opening: KSE sheds 21 points

KARACHI: The investors’ careful trading in wake of the prevailing uncertain political situation in the country Tuesday forced the Karachi Stock Exchange (KSE) 100-index shed further 21 points to stand at 29972.87 points on the second day of trading. Yesterday, KSE 100-index closed shedding 21.93 points to stand at 29993.87 points on the first day of trading. The total volume ... Read More »