Markets

Investor confidence rises with IMF developments, circular debt resolution, and sectoral growth

Central bank sells $10 billion to stem rout

The PKR 1 billion bond includes investment commitments from leading financial institutions

Commercial banks, fertilizer, cement drag index down by 403 points

Aggressive mutual fund buying and strong sector contributions drive the rally

Despite global economic uncertainties, the UAE’s economy continues to expand, driven by strong growth in the non-oil sector.

Analyst also attributes rally to government's move to resolve circular debt

Stocks down near 9% in largest daily drop in four years

Rally was led by strong performance in the oil and gas, power, and fertilizer sectors

Company to reveal first fully electric vehicle on October 9

Samsung considering expanding its stock-based performance system to employees next year to review its stock prices

Investor confidence increased after IMF allowed borrowing from banks to pay off circular debt

The rupee closed 280.27 to a dollar on Tuesday, up by 10 paisa from Monday's close of 280.17

The "Super e-Platform" boasts peak speeds of 1,000 kW

Increase is attributable to global economic uncertainties, ongoing geopolitical tensions

Positivity was also influenced by government efforts to address circular debt

U.S. futures slide on recession worries