Tag Archives: Market

US dollar, increases, 93 paisas, Rs148.80, interbank, market

Dollar jumps to Rs151.95 after 48-paisa increase in interbank

06 June, 2019 11:47 am 11:47 am

KARACHI (92 News) – The dollar price jumped to Rs151.95 after a 48-paisa increase in the interbank market on Wednesday. On the other hand, a positive trend was witnessed in Pakistan Stock Market. 100 index gained 400 points and crossed the psychological level of 35,000. In the open market, dollar reached Rs152.50 from Rs152 with … Read More

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asian share donald trump us president oil market mexico tariff trade

Asia markets cautious as Trump presses Mexico on trade

06 June, 2019 8:30 am 8:30 am

SYDNEY (Reuters) – Asian shares got off to a hesitant start on Thursday as investors feared a looming US trade war with Mexico would further depress global growth, even as they wagered central banks would have to respond with fresh stimulus. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.01% in sparse early trade. … Read More

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Dollar, jumps, Rs151.95, 48-paisa, increase, interbank, market

Dollar falls to Rs147.92 after 29-paisa further decrease in interbank marke...

05 May, 2019 12:38 pm 12:38 pm

KARACHI (92 News) – The dollar rate was reduced to Rs 147.92 after a further decrease of 29-paisa decrease in the interbank market on Thursday. In the open market, the dollar price was reduced to Rs149 after a decrease of 30 paisas. On Thursday, the rupee gained strength as the value of the US dollar … Read More

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US dollar, increases, 93 paisas, Rs148.80, interbank, market

Dollar further goes up by Rs2.35, being traded at all-time high of Rs152 in...

05 May, 2019 10:40 am 10:40 am

KARACHI (92 News) – The US dollar rate further increased by Rs2.35, reaching all-time high of Rs152 in the interbank market on Tuesday. On the other hand, US dollar is being sold at Rs155 in the open market. On Monday, it was increased by Rs1.63 and was being sold at Rs149.50 when the business closed. … Read More

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us china trade pricier market stocks

Trade turbulence shows market vulnerability as stocks get pricier

05 May, 2019 8:19 am 8:19 am

NEW YORK (Reuters) – Stock valuations have climbed to levels reached just before Wall Street’s late 2018 plunge, leaving the market at risk of shocks such as the sell-off this week as global trade tensions mounted. But stocks may have more support than last year, due largely to lower bond yields and a more dovish … Read More

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prices ramazan inflation food items market bureau of statistics

Inflation rate surges to 8.8% in April 2019: Bureau of Statistics

05 May, 2019 10:04 pm 10:04 pm

KARACHI (92 News) – The inflation rate surged 8.8% in April 2019۔ Prices of daily-use items have gone up, creating problems for the poor and common man. According to Bureau of Statistics, the annual inflation rate in Pakistan has climbed 1.4%percent in April 2019 as compared to March 2019.Increased prices of gas and other items … Read More

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nab sukkur wheat robbery market godowns

NAB raids on wheat godown, reveals wheat worth Rs 1.20 billion missing

04 April, 2019 9:31 am 9:31 am

SUKKUR (92 News) – A team of National Accountability Bureau (NAB) Sukkur conducted raids on wheat godown in Kandhkot and Kashmor in Sindh province and found that wheat worth Rs 1.20 billion missing from these godowns. A spokesman of NAB said in a statement said that the mud filled bags were found in the wheat … Read More

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S&P 500 ends at record high, bull market label secure

08 August, 2018 8:48 am 8:48 am

NEW YORK (Reuters) – The S&P 500 index notched its highest ever close , reaffirming that the bull market was intact, and now the longest running ever, after a steep sell-off seven months ago that tipped the market into a correction. The benchmark S&P 500 unofficially ended up 0.62 percent at 2,874.67, topping at 2,876.16 … Read More

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Turkey must commit to policies to promote stability amid market volatility:...

08 August, 2018 9:07 am 9:07 am

WASHINGTON (Reuters) – Turkey should commit to sound economic policies to promote stability and reduce imbalances at a time of market volatility, an IMF spokesperson said as a row between Washington and Ankara over the jailing of an American pastor dragged on. The spokesperson, speaking on condition of anonymity, said there was no indication that … Read More

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Oil prices pull back as trade tensions weigh on market

08 August, 2018 8:32 am 8:32 am

NEW YORK (Reuters) – Crude futures pulled back , giving up gains from the previous session as trade concerns weighed on the market and fuelled concerns about demand. US West Texas Intermediate (WTI) crude futures CLc1 settled down 47 cents at $68.49 a barrel. Brent crude futures LCOc1 settled at $73.21 per barrel, down 24 … Read More

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Asian shares edge up, but US tariff plan stokes trade fears

08 August, 2018 10:06 am 10:06 am

SHANGHAI (Reuters) – Most Asian shares crept higher on Wednesday following a firm Wall Street finish, but gains were curbed by weak data in the region and intensifying fears over volatile Sino-US trade relations. Global markets had inched higher on Tuesday, helped by a Bloomberg report that the United States and China were seeking to … Read More

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Asian shares rally on China rebound; trade worries linger

06 June, 2018 9:47 am 9:47 am

SHANGHAI (Reuters) – Asian share markets rallied from nine-month lows on Friday, after China eased foreign investment limits, but underlying sentiment was dampened by worries over trade frictions a week before initial US and Chinese tariffs were set to take effect. MSCI’s broadest index of Asia-Pacific shares outside Japan was 1 percent higher, while Australian … Read More

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