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News and updates

Three possible reasons for recent rise in gold prices

Wasim Khan - June 17, 2016

Since the start of the month gold price have gone up by almost a $100 per ounce, touching $1,315 yesterday. So what’s been driving the price upwards over the past two weeks?

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Pakistan upgraded to MSCI Emerging Markets Index

Wasim Khan - June 15, 2016

The MSCI (Morgan Stanley Capital International) has announced inclusion of Pakistan in the category of “Emerging Markets”. Pakistan was previously downgraded to “frontier” status by MSCI in 2008 when the Karachi Stock Exchange set an index floor to halt a sell-off in the wake of then ruler Pervez Musharraf leaving office to avoid impeachment.

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Snapshot: Performance of international markets in 2015

January 4, 2016

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