Tag Archives: market

  The rupee is presently being traded at around Rs104 to a dollar in the open market and at around Rs101 in the interbank market. The country’s falling foreign exchange reserves and current account deficit continues to widen keeping the rupee under pressure. Since inception of new government in June, the rupee has witnessed a rapid devaluation of about 2.4 percent. It means within two months. Though International Monetary Fund …

  Pakistan’s stock markets, particularly KSE is known worldwide for providing the best returns among global stock exchanges. KSE index more recently was expected to show a decline and expected not to breach the hypothetical index value of 16,000. The stock market on the contrary is trading at 16,800 points. As on 30-Dec-11, KSE was trading at 11,347 points giving an annual return to date of 41 percent which is …

  The calendar year 2014 (CY14) has proved to be another good year for Pakistan equities with benchmark KSE-100 Index gaining over 27.3%. It was also evident that during the period under review activity at the bourse lost pace slightly as daily average traded volumes declined by 6.4% to 208 million as compared to 222 million for CY13. Despite this bullish trend only 4 IPOs made their way to the …

  The October 1987 New York stock market crisis and the 2008 financial meltdown were controlled as fast as they came. That was in sharp contrast to the 1929-30 depressions that threw the world markets first into convulsions and then into a prolonged state of agony. The keyword separating the two sets of — pre and post World War II — financial crises was “liquidity.” The abolition of fractional reserve …

  Karachi Stock Exchange was declared by The Economist as the best market. Brazil and Philippines were beaten by the small Karachi Stock Exchange (KSE), which rose by 40 percent in local currency terms. Of stock markets hunted by The Economist, only Japan’s has performed better. Leaving terrorist explosions the exchange’s strong performance was partly due to improving conditions in Pakistan, including a reasonably free and fair election in May, …

  Cement export to Afghanistan declined by 58 percent Despite earnest support to Afghan economy besides offering tariff free transit trade, the export of different commodities required for infrastructure development are on the decline to such an extent that the export of cement, the basic need for development, has declined by 58 percent to Afghanistan. Although the reasons for declining exports are being attributed to the withdrawal of NATO forces …

  In the quickly transforming commercial world, houses are no more just places offering shelter to mankind but it is becoming a serious issue to meet the affordable housing due to the changes in the traditional economic base of communities, population increases, changes in the number of units in the housing stocks, and the rising costs of new construction. In the altered situation, houses have become more and more significant …

  Islamic finance during the past many decades has begun to progress in a great deal on the global front. Besides having the traditional Islamic finance markets in the Middle East, Western countries have also begun to see financial centers opening up. There is now more acceptance and recognition of this alternate financial system. The range and the scope of Islamic finance products over the years have also widened which …

  Smartphones trade reached peak and set to grow further Pakistan with a market of about 200 million people continues to allure foreign firms to invest in the country’s telecom market, which has the footmarks of strategic investors such as Orascom, Etisalat, Telenor, Abu Dhabi Group’s Warid Telecom and Canada’s Nortel Networks and China’s telecom giants — ZTE Corporation and China Mobile. Pakistan has the highest mobile penetration rate in …

  Established following World War II to help with post-war recovery, the International Monetary Fund (IMF) serves as a lender to modern governments and an overseer of international financial markets. Both the International Monetary Fund and the World Bank were created in 1944 at a conference in Bretton Woods, New Hampshire, and are now based in Washington, DC. The IMF was originally designed to promote international economic cooperation and provide …