KSE-100 gains 800 points in intra-day trading

January 7, 2019 By: adminbackup

. KARACHI:  Stocks staged a remarkable rally on Monday, surging over 800 points in intra-day trading on back of assurances from Crown Prince of Abu Dhabi to help bring Pakistan out of financial crisis. The financial package worth $3 billion and discussions regarding an oil credit facility boosted investor confidence, who took to buying in droves. The renewed buying led the index to power past...

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Bulls Rebound, Get Weekly Win

January 6, 2019 By: adminbackup

U.S. markets were rocky to start the New Year following disappointing economic news from around the globe. The opening pullback fueled continued fears of a global slowdown, but the losses were quickly recovered by midday with the major indexes finishing slightly higher for the session. The U.S. government shutdown shows no signs of slowing despite ongoing talks and could hamper corporate...

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Bears Growl, Push Mid-December Support Levels

January 3, 2019 By: adminbackup

U.S. markets were rocky to start the New Year following disappointing economic news from around the globe. The opening pullback fueled continued fears of a global slowdown, but the losses were quickly recovered by midday with the major indexes finishing slightly higher for the session. The U.S. government shutdown shows no signs of slowing despite ongoing talks and could hamper corporate...

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VIX Closes Below 25

January 2, 2019 By: adminbackup

ukU.S. markets were rocky to start the New Year following disappointing economic news from around the globe. The opening pullback fueled continued fears of a global slowdown, but the losses were quickly recovered by midday with the major indexes finishing slightly higher for the session. The U.S. government shutdown shows no signs of slowing despite ongoing talks and could hamper corporate...

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Stock market is open for full day of trading New Year’s Eve, but closed Jan. 1 for New Year’s Day

January 1, 2019 By: adminbackup

rket As the year comes to a close, it’s time to set up new goals for 2019. And even though we often make new year’s resolutions focusing on our health and finances, what about our homes? Susana Victoria Perez has more. Investors whose nerves have been tested by a down year for stocks will have one more full day of trading on New Year's Eve Monday before closing the books on 2018. The good...

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Bitcoin Price Analysis: BTC Bull Barrier at $4,100, OkEx Wash Trading

By: adminbackup

Latest Bitcoin News As a year comes to a close, BTC prices are stable and bullish. Still, investors are edgy, and unless otherwise, prices surge past key liquidation levels then we shall retain a neutral stand. At the moment though, our attention shifts to a new report by Blockchain Transparency Institute (BTI). According to BTI, up-to 80 percent of mainstream exchanges where traders get to...

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