Oil prices fell by more than 1 % on Thursday due to the constant pressure of possible peace talks between Russia and Ukraine, as well as the increasing crude stocks in the United States. Brent futures decreased $ 1.04, or 1.4 %, to $ 74.14 a barrel by 1303 GMT, while the US crude decreased … Read more
The Kuwait Stock Exchange 100 Index ended Friday’s trading session on a positive note, rising 609.03 points, or 0.54%, to close at 113,247.29 points. The index traded within a wide intraday range at 1,540.48 points, peaked at 113,554.07 (+915.81) and fell to a low of 112,013.59 (-624.67). A total of 216.22 million shares were traded … Read more
Bitcoin rose to a record high of $98,342 on Thursday, approaching the symbolic $100,000 level, driven by optimism over President-elect Donald Trump’s support for cryptocurrencies and expected regulatory shifts in the United States. The largest digital asset rose 4.1%, trading slightly between $98,000 and $99,000 by early afternoon in New York on Thursday. The cryptocurrency … Read more
A stock broker monitors stock prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on May 16, 2022. — AFP Circulation remains strong, with 587 million notes in circulation. Systems, Lucky, Cherat, Hubco, Engro, are among the top performers. Analysts say Qatar and Saudi Arabia’s investment pledges have boosted sentiment. Stocks … Read more
Two investors can be seen discussing in front of the digital stock board of the Pakistan Stock Exchange. – AFP/File The PSX opened on a positive note, extending its 26th revision-driven rally. Investors look to dividend-paying stocks as corporate results stream in. Sentiments boosted after the International Monetary Fund forecast Pakistan’s GDP to grow by … Read more
Men use their mobile phones as they stand in front of an electronic board displaying stock market prices during a trading session on the floors of the Pakistan Stock Exchange (PSX) in Karachi, on June 12, 2017. — Reuters Stocks are in a volatile state as investors go bullish on index-heavy stocks. Analysts expect a … Read more
A broker takes a picture of the trading screen at the Pakistan Stock Exchange. – Reuters/File After a day of flat close, stocks jumped on Thursday, testing the 83,000 resistance level as easing inflation pressures and hopes of further interest rate cuts, coupled with improving economic indicators, prompted investors to snap up high-yielding stocks. … Read more