Last update: Mon, 24 Oct 2016 06am

Stocks and Bonds


With S&P 500 earnings on track to rise after four consecutive quarters of contraction, US stocks are clearing a major hurdle that puts the record high in sight for the benchmark US stock index.

Britain's top shares index is expected to lose ground over the coming year, a Reuters poll found, amid concerns over Britain's exit from the European Union and the path of interest rates.
Securities and Exchange Commission of Pakistan ("SECP") in its remarkable efforts for making amendments and improvements to the Companies Ordinance in the form of Companies Bill - 2016 ("the Bill") has issued final draft of the Bill for comments of the stakeholders.
The Shenzhen-Hong Kong Stock Connect programme is expected to be launched in mid- or late November, Xinhua state news agency reported on Tuesday, citing an official with the securities regulator.
Major stock markets in the Gulf rose on Sunday with Saudi Arabia outperforming it peers, continuing to climb on the back of upbeat investor sentiment following the mammoth international bond sale at the end of last week. Egypt's index slipped on profit taking.
The futures spread declined by 61bps to 7.54 percent during the week ended October 21, 2016. Trading activities on the futures counter improved as the average daily trading volumes increased by 54.1 percent to 72.33 million shares. In the same way, average daily trading value also surged by 36.5 percent to 3.205 billion during the week.
The worst overall performance by US small-cap fund managers in seven years is expected to spur a furious round of portfolio turnover in the last two months of the year intended to capture gains from top performing stocks.