ANL 32.21 Increased By ▲ 0.51 (1.61%)
ASC 18.65 Increased By ▲ 1.20 (6.88%)
ASL 26.45 Decreased By ▼ -0.15 (-0.56%)
AVN 91.35 Increased By ▲ 0.85 (0.94%)
BOP 8.21 Increased By ▲ 0.03 (0.37%)
BYCO 11.84 Increased By ▲ 0.49 (4.32%)
DGKC 126.00 Decreased By ▼ -2.50 (-1.95%)
EPCL 48.20 Increased By ▲ 0.05 (0.1%)
FCCL 23.96 Increased By ▲ 0.06 (0.25%)
FFBL 27.90 Decreased By ▼ -0.09 (-0.32%)
FFL 17.79 Decreased By ▼ -0.15 (-0.84%)
HASCOL 11.45 Increased By ▲ 0.25 (2.23%)
HUBC 78.30 Decreased By ▼ -0.70 (-0.89%)
HUMNL 8.64 Decreased By ▼ -0.08 (-0.92%)
JSCL 24.65 Increased By ▲ 0.35 (1.44%)
KAPCO 44.75 Increased By ▲ 0.06 (0.13%)
KEL 4.19 Decreased By ▼ -0.03 (-0.71%)
LOTCHEM 16.31 Decreased By ▼ -0.29 (-1.75%)
MLCF 46.70 Decreased By ▼ -0.35 (-0.74%)
PAEL 36.20 Increased By ▲ 0.32 (0.89%)
PIBTL 11.04 Decreased By ▼ -0.11 (-0.99%)
POWER 10.08 Decreased By ▼ -0.02 (-0.2%)
PPL 90.20 Decreased By ▼ -0.50 (-0.55%)
PRL 26.25 Increased By ▲ 0.31 (1.2%)
PTC 14.00 Increased By ▲ 0.99 (7.61%)
SILK 1.58 Increased By ▲ 0.02 (1.28%)
SNGP 48.20 Increased By ▲ 0.25 (0.52%)
TRG 168.50 Decreased By ▼ -3.30 (-1.92%)
UNITY 49.39 Increased By ▲ 0.14 (0.28%)
WTL 4.26 Increased By ▲ 0.01 (0.24%)
BR100 5,282 Increased By ▲ 24.37 (0.46%)
BR30 27,601 Increased By ▲ 45.56 (0.17%)
KSE100 48,305 Increased By ▲ 53.23 (0.11%)
KSE30 19,479 Decreased By ▼ -58.87 (-0.3%)

JPMorgan

Bitcoin slips below $40,000 as recovery fades
Markets

Bitcoin slips below $40,000 as recovery fades

  • But Societe Generale questioned the comparison on Thursday: "Bitcoin has clearly 'outshone' gold both to the upside and now also to the downside. But with such a gap in volatility and amplitude, does it make sense to compare the two assets at all?"
Published 21 May, 2021 02:16pm
Bitcoin extends gain on reports of JPMorgan fund
Markets

Bitcoin extends gain on reports of JPMorgan fund

  • The cryptocurrency had slumped almost a fifth from its all-time high hit earlier this month.
  • It was last up 9.5% at $53,792.0 after touching its lowest since early March on Sunday. Other major coins ethereum and XRP, which tend to move in tandem with bitcoin, were up around 7.7% and 20.4% respectively.
Published 26 Apr, 2021 08:49pm
S&P, Dow Jones end lower
Markets

S&P, Dow Jones end lower

NEW YORK: The S&P 500 and Dow Jones industrial average ended lower on Monday, with investors waiting for cues...
Published 14 Apr, 2021 03:21am
British mid-caps jump
Markets

British mid-caps jump

LONDON: British mid-caps ended higher on Tuesday and hovered near record levels as data showed the country’s...
Published 14 Apr, 2021 03:21am
JPMorgan trims exposure to Russian local bonds, rouble on Ukraine tensions
Markets

JPMorgan trims exposure to Russian local bonds, rouble on Ukraine tensions

  • The bank said it still expected risks to fade through the course of the year as economically damaging measures by the US administration would be unlikely and Russian assets were taking on excess risk premium to reflect that.
  • While we still hold this base case, morphing risks recently suggest that the overhang could last longer than we originally expected, giving no clear window for a structural repricing of Russian assets.
Published 09 Apr, 2021 08:33pm
S&P slightly up
Markets

S&P slightly up

NEW YORK: Major averages hovered near unchanged on Wednesday, with the S&P 500 closing up slightly after the...
Published 09 Apr, 2021 04:51am
Saudi mall operator Arabian Centres sells $650mn in sukuk
Markets

Saudi mall operator Arabian Centres sells $650mn in sukuk

  • The yield was tightened from initial guidance of around 5.875% after orders topped $1.35 billion, the document from one of the banks on the deal showed.
  • Sources told Reuters earlier this month that Arabian Centres, which operates 21 shopping centres across Saudi Arabia, was planning to raise $500 million via sukuk.
Published 30 Mar, 2021 09:01pm