Markets
London's FTSE 100 stocks index hits record high
British stocks have been boosted in recent days by a drop in U.K. government bond yields
Jan 17, 2025
Jan 17, 2025
British stocks have been boosted in recent days by a drop in U.K. government bond yields
Brent crude climbed to about $82 per barrel, marking a 2% weekly gain, while west Texas intermediate (WTI) approached $79 per barrel.
Fertilizer, oil, and auto sector witness profit taking
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Core Consumer Price Index (CPI), excluding volatile food and energy costs, rises by just 0.2%, down from a consistent 0.3% increase over last four months
Oil, banks and cement face selling
Air Link launches Xiaomi’s TVs; OGDCL starts production at Kharo-I well
The U.S. Energy Information Administration expects downward oil price pressures over much of the next two years, as production will grow more than demand
Commercial banks, technology and cement sectors led the rally
Ghandhara closed at upper circuit, boosted by launch of new vehicle
Gold prices maintain a four-day rally, trading near a one-month high of $2,690 per ounce
The United States has imposed its most stringent sanctions yet on Russia’s energy sector, targeting key producers, exporters, and shipping networks.
The KSE-100 index closed on a bearish note, losing 4,340 points or 3.7 percent to settle at 113,247
KSE-100 declined by 3.7% during the week ended January 10th
KSE-100 index gained 0.54% 113,247 points
KSE-100 index shed 1.32% to close at 112,638 points
With a 24% rise last year, gold hit record highs of PKR 287,900 in Pakistan last year
KSE-100 index shed 1.64% to close at 114,148 points
No lenders in mainland China or India made the top 15 best-performers list while Pakistani banks dominated it