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In April 2023, almost all of the country's 30 mobile phone assembly units, including three run by foreign brands, shut down, affecting 20,000 employees. [102] In June 2023, Shell plc announced that it would exit the Pakistani market by selling its entire 77.42% stake in Shell Pakistan. [103]
This category contains articles with Urdu-language text. The primary purpose of these categories is to facilitate manual or automated checking of text in other languages. This category should only be added with the {} family of templates, never explicitly.
In the first four years of the twenty-first century, Pakistan's KSE 100 Index was declared the best-performing stock market index in the world by the international magazine "Business Week". [46] [citation needed] The stock market capitalization of listed companies in Pakistan was valued at $5,937 million in 2005 by the World Bank. [47]
The S&P 500 was virtually unchanged and edged up by less than 0.1% in the market’s first trading since Trump announced 25% tariffs on all foreign steel and aluminum coming into the country.
Asian stocks were mostly up Friday on the back of a near-record rally on U.S. stocks, as investors paid little attention to U.S. President Donald Trump’s latest tariff threats. Hong Kong’s ...
The Cboe Volatility Index, known as Wall Street’s “fear” gauge, which anticipates major market swings, spiked above 18 — approaching highs seen over the last two years. Gold climbed to as ...
In recent years, Pakistan has faced competition from regional players including Bangladesh, India and Vietnam. In the past decade, Pakistan's share in global textile market decreased to 1.7 percent from 2.2 percent, Bangladesh saw an increase from 1.9 to 3.3 percent and India from 3.4 to 4.7 percent. Barriers to growth include:
In the week of 23 March, investors attracted by Fed guarantees of market liquidity and comparatively high bond yields rushed into the U.S. corporate debt market. [77] [78] Investment-grade firms issued $73 billion in debt, about 21% more than the previous weekly record. Many U.S. firms sold debt in an attempt to build cash reserves in ...