Trends - MSCI - Business Recorder

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MSCI downgrades Pakistan to Frontier Market

KARACHI: The Morgan Stanley Capital International (MSCI), in its decision early Wednesday morning, has decided to...

Published 09 Sep, 2021 02:53am

Markets

KSE-100 falls another 333 points as selling pressure persists after MSCI decision

The benchmark KSE-100 Index extended its losses, falling another 333 points as Pakistan was downgraded from its...

Published 08 Sep, 2021 05:41pm

Business & Finance

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

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

Updated 08 Sep, 2021 10:42am

Business & Finance

All eyes on MSCI as reclassification decision expected on Pakistan

All eyes are set on Morgan Stanley Capital International (MSCI), which will announce whether or not Pakistan is...

Updated 08 Sep, 2021 12:02am

Markets

KSE-100 falls another 189 points as MSCI decision looms

Concerns over Pakistan's reclassification by Morgan Stanley Capital International (MSCI) and higher coal prices ...

Published 07 Sep, 2021 05:23pm

Print

Potential downgrade to frontier markets could prove beneficial to capital market: experts

KARACHI: A potential downgrade to Frontier Market Index from Emerging Market Index could prove beneficial for the...

Updated 02 Sep, 2021 09:57am

Markets

Global stocks set for a correction as rally fizzles

Global stocks have recovered by more than 90% from the troughs hit during the first wave of the COVID-19 pandemic

Published 26 Aug, 2021 11:20am

Markets

Wall Street set to open higher; oil hit by China demand concerns

MSCI's main European Index rose around 0.3%, while the Stoxx 600 hit a new all-time high in early trading, before gradually easing, last up 0.3%

Published 02 Aug, 2021 06:10pm

Markets

Dollar dips ahead of Fed meeting, cryptocurrencies jump

China reported its highest number of cases since the end of January

Published 26 Jul, 2021 01:09pm

Markets

Asia stocks hit 7-mth low as China skids, funds favour Wall St

Chinese blue chips shed 2.4% to their lowest in 10 weeks as the education and property sectors were routed on worries over tighter government rules

Published 26 Jul, 2021 10:08am

Markets

Stocks falter as virus outbreaks fan global recovery fears

While the US yield curve steepened slightly, the spread between the US 10-year and 2-year yield remained near February lows

Published 20 Jul, 2021 11:23am

Markets

China data, tech drive Asian shares higher

China's benchmark Shanghai Composite Index rose 0.13%, while blue-chip CSI300 index was down 0.14%.
The CSI consumer staples sector rose 1.58%.

Updated 13 Jul, 2021 12:07pm

Print

MSCI proposes putting Pakistan back into MSCI-FM

KARACHI: Morgan Stanley Capital International (MSCI) has proposed to reclassify Pakistan into MSCI Frontier Markets...

Published 26 Jun, 2021 03:24am

Business & Finance

MSCI to begin consultation on proposal to downgrade Pakistan

Announces launch of consultation process for potential downgrade of MSCI Pakistan Index from Emerging Markets to Frontier Markets status
Seeks feedback from market participants on this reclassification proposal until August 31, 2021

Updated 25 Jun, 2021 01:57pm

Markets

Turkey's lira make strong come-back from all-time lows

The currency was on course to log its best month this year.

Published 31 May, 2021 02:02pm

Markets

Top lender FAB boosts Abu Dhabi; Dubai retreats

• Saudi Arabia, other markets closed for Eid holidays DUBAI: The Abu Dhabi stock market ended higher on Sunday,...

Published 17 May, 2021 06:14am

Print

Semi Annual Review: Pakistan now has weight of 0.023pc in MSCI EM Standard Index

KARACHI: The Morgan Stanley Capital International (MSCI) has announced the outcome of its Semi Annual Review, ...

Published 13 May, 2021 03:10am

Business & Finance

Pakistan weigh 0.02pc in MSCI EM

Pakistan now has a weight of 0.023 percent as compared to 0.016pc previously. Additionally, Pakistan's weight in the small cap index has been revised to 037 9pc.

Published 12 May, 2021 03:35pm

Markets

Stocks cheer prospects for low rates, copper shines

World shares climb to fresh record high, up 0.2%.
Shock U.S. jobs data ease concerns over Fed rate hikes.
Dollar nurses losses, sterling rises above $1.40.

Published 10 May, 2021 04:55pm

Business & Finance

Early trade in New York: Dollar slides; MSCI EM currency index climbs

NEW YORK: The dollar fell to its lowest in more than two months on Friday after US jobs data for April came in well...

Published 08 May, 2021 03:30am

Markets

European shares rally as investors begin May in bullish mood

The euro rose 0.2% to $1.2040, having backtracked from a nine-week peak of $1.2149 on Friday.

Published 03 May, 2021 01:39pm

Markets

Strong economic data lift stocks to record highs

MSCI AWCI, STOXX 600 hit record high.
Dollar wobbles, oil gains.
S&P 500 futures dip.

Published 06 Apr, 2021 08:02pm

Markets

Still down 16pc from its peak: KSE-100 Index up 1.9pc in Q1 2021

KARACHI: The KSE-100 Index registered a 1.9 percent gain in PKR terms and 6.4 percent in USD terms in the first...

Published 01 Apr, 2021 04:10am

Markets

Asia stocks spooked by spike in yields, oil sell-off

For now, the dollar index had bounced to 91.855, from a low of 91.30 to leave it slightly firmer for the week.

Published 19 Mar, 2021 10:13am

Markets

Dollar at 3-1/2-month high on firmer yields, US growth

"If the data is not as jacked-up as the market thinks it will be, then I think we'll probably have a bit of a dollar pullback," he said.

Published 09 Mar, 2021 10:17am

Markets

Stocks struggle as tech slide erases commodities surge

World stocks down 0.1% at fresh 2-week low.
Nasdaq futures down 1.5%, S&P 500 futures down 0.5%.
Crude oil, metal prices rise on growth outlook.
Expectations of faster growth spur inflation fears.
Eyes on Fed's Powell testimony at 1500 GMT.

Published 23 Feb, 2021 06:03pm

Markets

World shares dip as bond yields, commodities surge

European shares sink.
Wall Street futures down 0.85%.
MSCI's All Country World Index, which tracks shares across 49 countries, was down 0.25% by midday in London.

Published 22 Feb, 2021 06:02pm

Markets

Shares grind higher despite rising bond yields, weak data

Pan-European stock index up 0.2%.
Sterling at $1.40 for first time in nearly three years.
German, British 10-yr bond yields up to multi-month highs.
Gold hits a seven-month low, oil prices slip.

Published 19 Feb, 2021 08:05pm

Markets

Global shares hit fresh peak, oil up on Middle East tensions

MSCI World index up 0.4% to record high.
Follows similarly strong moves in Asia overnight.
Oil prices at highest since January 2020.
Risk appetite higher on virus vaccine rollout, US stimulus.

Published 15 Feb, 2021 07:29pm

Markets

Global stocks inch to record high; dollar weakens

MSCI World edges up 0.1%, gains for 7th day in a row
S&P 500 stock futures down 0.1%
Dollar falls, gold up on stimulus; bitcoin hits $48,000

Published 09 Feb, 2021 05:21pm