Topic

EMERGING MARKETS

Two months into Iran war, economic strain mounts across emerging markets

Published 27 Apr, 2026 08:04pm

Middle East nations and those nearby are seeing the most direct economic hit

Down but not out: Emerging markets could endure Middle East shocks

Published 07 Mar, 2026 05:05am

LONDON: The rush of cash out of risk assets has rattled emerging markets since war engulfed the Middle East, but...

Pakistan bonds decline over 13 cents as frontier market suffers heavy sell-off

Updated 07 Apr, 2025 11:49pm

Posts single biggest decline across many maturities since Russia’s full-scale invasion of Ukraine shook markets in early 2022

Smart money runs first

Updated 27 Mar, 2025 05:50am

Even by the turbulent standards of emerging markets, the past week was a master class in how quickly capital can...

Bond vigilantes and inversion anxiety

Updated 05 Oct, 2023 06:45am

One of Wall Street’s enduring lessons, “inverted yield curves don’t always predict recessions, but all...

Rewiring the investment model

Published 02 Aug, 2023 06:47am

Pakistan’s Investment to GDP ratio has remained stubbornly low compared to other emerging markets for many years....

‘World Bank needs new playbook to boost private investment in emerging markets’

Updated 12 Jun, 2023 08:40am

WASHINGTON: The World Bank must use “informed risk-taking” to encourage private investors to get more engaged in...

Debt – a source of rising concern

Published 17 Apr, 2023 06:41am

During the ongoing World Bank/International Monetary Fund (IMF) spring annual meeting Gita Gopinath, the First ...

Desperate wake-up call

Published 12 Apr, 2023 06:11am

EDITORIAL: A report by the Boston University Global Development Policy Centre about the extreme debt burden on...

Western climate subsidies risk hitting emerging markets: IMF

Published 21 Jan, 2023 06:46am

DAVOS, (Switzerland): The head of the IMF warned Friday that Western subsidies to combat climate change and ...

Western climate subsidies to hit emerging markets: IMF

Published 20 Jan, 2023 05:05pm

DAVOS: The head of the IMF warned Friday that Western subsidies to combat climate change and encourage the...

Lack of investment in climate-related steps to cost emerging markets dearly: report

Published 18 Jan, 2023 06:22am

KARACHI: Failure to invest the bare minimum needed to withstand projected climate damage could cost emerging markets...

Emerging markets better equipped to deal with Fed rate hike cycle: S&P

Published 17 Feb, 2022 05:46pm

LONDON: Financing conditions have tightened for emerging markets both domestically and externally but they are ...

Record low Turkish lira teeters on edge as rate cuts sting

Published 18 Nov, 2021 03:58am

ANKARA: Turkey’s lira fell as much as 3.7% to a new intraday record low of 10.45 to the dollar on Tuesday,...

Back to the 'smaller pond': MSCI to downgrade Pakistan to Frontier Market

Updated 08 Sep, 2021 10:42am

MSCI announces that it will reclassify the Pakistan Indexes from Emerging Markets to Frontier Markets in one step, coinciding with the November 2021 Semi-Annual Index Review

Brazil's real plunges as unemployment soars, set for best month in 2021

Published 30 Apr, 2021 08:47pm

Real jumps 4% in April, best month since November.
Unemployment in Brazil soars to record highs.
Mexican economy grows 0.4% in 1st quarter, beats expectations.

Brazil's real jumps to two-month high; Fed in focus

Published 28 Apr, 2021 09:05pm

Brazil's consumer confidence jumps in April.
Mexico's economy likely slowed during the first quarter – poll.

Mexican peso rises; Peru's sol set for worst week in 28 years

Published 23 Apr, 2021 07:48pm

Socialism jitters hit sol.
Brazil's real best weekly performer.
MSCI Latam FX set for 1.7% weekly gain.

Brazil's real surges on iron ore prospects, catchup trade

Published 22 Apr, 2021 08:24pm

Peruvian sol extends losses to a fifth straight session.
Mexican inflation more than expected, peso flat.

Brazil's real lags Latam FX as budget woes, COVID concerns mount

Published 16 Apr, 2021 07:47pm

Latam FX still up for the week.
Brazil budget deficits seen for next three years.
Chile's peso best weekly performer, up 1.7%.

Latam FX dips; Peruvian sol set for best week in 20 yrs ahead of polls

Published 09 Apr, 2021 08:41pm

Sol set to add nearly 4% this week.
Brazil's real leads losses for the day.
Stocks fall in early trade, but on track for weekly gains.

Norway wealth fund should invest in fewer companies, government says

Published 09 Apr, 2021 06:43pm

To cut number of firms in reference index by up to 30%.
Says easier to follow up companies with fewer companies in.
To exclude new emerging markets for now, including Saudi.

Latam FX rises as dollar pressure eases, Argentine peso falls

Published 05 Apr, 2021 07:41pm

Brazil's real leads gains as inflation increases.
Argentine peso the sole loser.
Latam stocks up in early trade.

Mexican peso at 2-week high, real slides on pandemic woes

Published 01 Apr, 2021 09:11pm

Mexican peso trades at 2-week high.
Brazil detects new virus variant.
Most Latam stock markets closed on Thurs.

Proposed SBP law under the spotlight

Published 01 Apr, 2021 04:10am

To some commentators, the proposed reinforcement of State Bank of Pakistan (SBP) powers appears to be appropriate; ...

Brazil's real eyes longest losing streak since October

Published 26 Mar, 2021 09:36pm

Real slides for fifth straight session.
Oil jump boosts Mexico, Colombia FX.
Colombia c.bank seen holding rates.

Dollar buoyant as economic outlook brightens

Published 26 Mar, 2021 09:34pm

Dollar holds gains against major currencies.
Rises to highest vs. Japanese yen since June.

Brazil's real, Turkish lira rise after rate hikes; other EM FX fall

Published 18 Mar, 2021 09:59pm

Real jumps as much as 1.7%; c.bank hikes by 75 bps.
Mexican peso slips from one-month highs; GDP shrinks in Feb.
Russian rouble resumes slide after Putin responds to Biden.
Brazilian carrier Gol drops; says Q1 will be worse than expected.

Brazil, South Africa finances at risk from domestic debt market volatility: S&P

Published 12 Mar, 2021 09:42pm

Domestic debt markets is where we're more concerned about the impact of rising yields.
Several emerging markets already had very significant fiscal weaknesses before the COVID-19 pandemic and we expect their debt ratios to rise over the next years and if the cost of funding is going up we could see even worse debt trajectories in Brazil and South Africa.

Troubles at Petrobras weigh on Bovespa; Mexican peso extends deep freeze slide

Published 19 Feb, 2021 08:54pm

Petrobras shares slide 5% as CEO resists pressure to resign.
Mexican peso down for 5th straight day; set for 2% weekly loss.
Mexico's government readying ~$5 bln Pemex lifeline –source.

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

EMERGING MARKETS

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