It was a tough week for Indian shares as the BSE Sensex fell nearly 3 percent and the Nifty lost 3.3 percent as U.S. Fed chief Bernanke’s suggestion that stimulus measures may be scaled back at one of their next few meetings dented sentiment. Here's a look at the top Sensex losers and gainers. Full Article
For months, markets have been dancing to central bankers' tune, but that may now be changing, writes James Saft. Full Article
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
Pakistan stocks settle at record high, rupee weakens
KARACHI Nov 19 (Reuters) - Pakistani stocks rose above 16,250 points to settle at a record high on Monday, supported by a jump in shares of domestic cement companies, dealers said.
The Karachi Stock Exchange (KSE) benchmark 100-share index ended 0.33 percent, or 53.64 points, higher at 16,251.38. That was the highest ever settlement and within striking distance of the market's peak of 16,292.45 points, reached during intra-day trading on Nov. 12.
Maple Leaf Cement rose 8.31 percent, or 1 rupee, to 13.04 per share, while Fauji Cement was up 1.93 percent, or 0.13 rupees, to 6.87 per share.
In the currency market, the Pakistani rupee weakened, closing at 96.01/96.06 to the dollar, compared to Friday's close of 95.88/95.94.
Overnight rates in the money market ended at 9.25 percent compared to Friday's close of 9 percent. (Compiled by the Karachi newsroom)
- Tweet this
- Share this
- Digg this