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Articles for tag: Bulls, flying, high, hitting, KSE100, send

December 12, 2024

News Desk

Bulls send KSE-100 flying past 113,000, hitting new high

A stockbroker looks at a computer during a session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. — AFP The stock market hit another milestone on Thursday, with the KSE-100 breaking the 113,000 mark for the first time in its history. Buoyed by positive macroeconomic indicators, growing investor optimism and expectations of significant monetary easing, the index soared to a new record high. The benchmark Pakistan Stock Exchange (PSX) rose 2,381.21 points, or 2.15%, to an intraday high of 113,191.42, marking another milestone in the market’s ongoing rally. “Liquidity is a very important factor for the

October 8, 2024

News Desk

Pakistan plans to send a football team to Russia for a friendly match

This file photo shows the Pakistan football team before a match. — Facebook/Pakistan Football Federation KARACHI: In a surprise move, the Pakistan Sports Board (PSB) plans to send a football team to Russia for a friendly match this month, following talks between the Pakistan Football Federation (PFF) and the Russian Football Association for an official friendly match failed to materialize. What makes this situation more interesting is that the players are not selected by PFF — the official governing body of football in Pakistan. Instead, the PSB assembles the team from what it refers to as “available resources”. A senior

August 22, 2024

News Desk

King Charles ‘carefully’ plans strategic move to send Prince Harry a tough message

King Charles ‘carefully’ plans strategic move to send Prince Harry a tough message King Charles has carefully planned a “strategic” move to send a tough message to his rebellious son Prince Harry by publishing a family portrait. In December 2019, a Buckingham Palace photo of Queen Elizabeth, King Charles, Prince William and Prince George was released, which the Duke of Sussex did not like. According to a royal expert and author, the monarch deliberately released the photo to send a message to Harry and Meghan Markle about his future plans for the monarchy. In his book Battle of the Brothersroyal

July 27, 2024

News Desk

Why do the larger populations of South Asia send so few athletes to the Olympics

As the 2024 Olympics in Paris approach, South Asian nations with some of the world’s largest populations continue to struggle with building commensurate forces, highlighting ongoing challenges in developing sports across the region. Pakistan, with a population of about 245 million, and Bangladesh, home to about 174 million people, have sent teams of 7 and 5 athletes to Paris, respectively. This continues the trend of their under-representation in the Olympics. India, with a population of about 1.44 billion, has only qualified two swimmers to the Paris Games through universal placements, a step back from their historic direct qualifiers in previous

July 19, 2024

News Desk

Turkey will send naval support to Somali waters for oil and gas exploration

ANCHOR: Turkey is set to boost its naval presence in Somali waters after an agreement between the two nations for Ankara to send an exploration vessel off the coast of Somalia to find oil and gas. President Tayyip Erdogan submitted a proposal to the Turkish parliament late Friday, seeking permission to deploy Turkish military forces, including naval support, in Somali territorial waters, state-run Anadolu news agency reported. The development follows the Turkish Energy Ministry’s announcement that an exploration vessel will be dispatched later this year as part of a hydrocarbon cooperation agreement. The deal, signed Thursday in Istanbul, grants Turkey

July 4, 2024

News Desk

Israel’s Netanyahu to send delegation to Gaza hostage talks

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu announced Thursday that he has agreed to send a delegation for talks to secure the release of hostages taken in the Oct. 7 attacks. In a statement following telephone conversations with US President Joe Biden, Netanyahu’s office said: “The prime minister informed President Biden of his decision to send a delegation to continue negotiations for the release of the hostages.” There was no indication where the delegation would go or when it would leave. In its own reading of the phone conversation, the White House said Biden welcomed the decision to “engage” Israeli negotiators

June 26, 2024

News Desk

Jordan says it won’t send troops to Gaza to replace Israeli forces

AMAN: Jordan said on Wednesday it would not send troops to the Gaza Strip to replace Israeli forces in the Palestinian enclave. “We won’t clean up after [Israeli Prime Minister Benjamin] Netanyahu,” Foreign Minister Ayman Safadi said at a joint press conference with his Greek counterpart Giorgos Gerapetritis in Athens. “We will not deploy troops to Gaza as a substitute for Israeli forces, nor will we place ourselves in the destructive reality he (Netanyahu) has created,” he added. Israeli National Security Adviser Tachi Hanegbi said on Tuesday night that an alternative to Hamas in Gaza would emerge with a new

June 17, 2024

News Desk

Celebrities send their warmest wishes to their fans, followers and loved ones

After weeks of spotting people parading around with their goats, cows and the occasional camel, and meticulously planning the meat-filled Eidul Azha festivities, the big day has finally arrived! As early as last night, social media lit up with “Chaand Raat Mubarak” wishes from friends and loved ones. Among these well-wishers were Pakistanis and Bollywood celebrities, who flooded the timelines with messages full of love. Some of the first people to extend their Eid wishes were Armeena Khan, Rabia Butt and Zara Noor Abbas who took to their Instagram stories to wish their fans and followers. Shaista Lodhi also shared

May 8, 2024

News Desk

Hummels stuns PSG to send Dortmund into Champions League final

PARIS: Mats Hummels headed in the only goal as Borussia Dortmund stunned Kylian Mbappe and Paris Saint-Germain in the second leg of their Champions League semi-final on Tuesday, winning 1-0 on the night and advancing 2-0 on aggregate to next month’s final in Wembley. . Hummels struck five minutes into the second half at the Parc des Princes and PSG were unable to find a response, the hosts unlucky as they hit the woodwork four times in total. Dortmund, fifth in the German Bundesliga, were never expected to go this far and will be underdogs in the showpiece on June

April 23, 2024

News Desk

Strong corporate results send PSX on a roll

KARACHI: The Pakistan Stock Exchange (PSX) on Monday rose to a fresh record high during the corporate earnings season, fueled by strong economic results and expectations ahead of the State Bank of Pakistan’s (SBP) monetary policy announcement on April 29. In the morning, trading started at an intraday low of 70,882.44 points, but soon the KSE-100 index recovered and moved higher. The positive momentum was attributed to the government’s discussions on the privatization of state-owned enterprises (SOEs), the stability of the rupee amid foreign capital inflows and the upcoming talks with the International Monetary Fund (IMF) on a new loan

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