Business News

Tokyo stocks open lower on strong yen

  • TOKYO, (MILLAT/APP/AFP) – Tokyo stocks opened lower Tuesday on a strong yen, while taking a lead from Wall Street where selling pressure hit banking shares. The benchmark Nikkei 225 index lost 0.56 percent, or 110.13 points, to 19,411.46 in early trading, while the Topix index of all first-section issues was down 0.38 percent, or 5.94 […]

  • Most Asia markets up but dollar hit by uncertainty

    HONG KONG, (MILLAT/APP/AFP) – Most Asian markets rose Tuesday following the previous day’s retreat, but the dollar was hit by fresh uncertainty over Donald Trump’s economic policy and contradictory views on future rate hikes by two top Federal Reserve officials. Global stocks started the week with a wobble after G20 finance chiefs failed to renew […]

  • PAPER & BOARD:

    Century Paper 74.05 Cherat PackXD 300.17 Merit Packaging 25.98 Packages Ltd. 867.93 Pak Paper Prod 69.66 Roshan Packages 73.97 Security Paper 151.08 PHARMACEUTICALS: Abbott Lab. 952.18 Ferozsons (Lab) 519.42 GlaxoSmithKline 229.54 Highnoon (Lab) 631.86 IBL HealthCare 139.18 Otsuka Pak 248.71 Sanofi-Aventis 2086.95 The Searle Co. 664.32 Wyeth Pak LtdXD 2726.97 POWER GENERATION & DISTRIBUTION: Altern […]

  • Closing Rates of PSX

    KARACHI, (MILLAT/APP)- Following were the Closing Rates of shares at Pakistan Stock Exchange Limited (PSX) issued here on Monday. AUTOMOBILE ASSEMBLER: AL-Ghazi Tractors 553.59 Atlas Honda Ltd 570.67 Dewan Motors 26.06 Ghand Nissan 313.47 Ghandhara Ind. 877.15 Ghani Automobile 14.85 Hinopak Motor 1561.79 Honda Atlas Cars 783.49 Indus Motor CoXD 1599.63 Millat TractorsXD 1208.71 Pak […]

  • European markets slide on G20 rift

    LONDON, (MILLAT/APP/AFP) – World stock markets fell Monday after G20 finance ministers failed to renew an anti-protectionist pledge, in the face of Donald Trump’s “America First” push. Asia and Europe also beat a retreat as investors took profits from last week’s bumper gains and dumped risky equities for safer assets. Over the weekend, in an […]

  • Kerb currency market

    KARACHI, Mar 18 (APP): Following were the Opening and Closing Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Saturday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) —— —— U.S $ (Cash Free Market) 106.50 106.70 SAUDIA RIYAL 28.30 28.50 UAE DIRHAM 29.00 29.20 EURO […]