Posts tagged as: stock exchange

Supreme Court’s decision: Karachi Stock Exchange crashes

The stocks at Karachi Stock Exchange (KSE) took a nosedive Tuesday and fell by three percent after the Supreme Court ordered the arrest of the prime minister over possible corruption charges.   The Karachi Stock Exchange’s (KSE) benchmark100-share index ended 3.16 percent, or 525.29 points, lower at 16,107.89.   Investors, who were already trading cautiously […]

Pakistan-USA rift over NATO supply routes downs KSE

Pakistan-USA rift over NATO supply routes downs KSE Karachi: (Wednesday, June 13, 2012) The deteriorated relations between once front line allies against war on terror has started to impact Pakistan’s economy more visibly now. According to the news, buzzed with the recent rift created after US officials’ derogatory remarks about Pakistan, the buyers visibly exhibited […]

Zynga sees better results after sinking share prices for almost two months – Part 1

Zynga’s rally fizzled Wednesday, and if you’d listened to Sterne Agee’s Arvind Bhatia,  it never would have happened at all. Bhatia began to question the business model behind the world’s biggest social-games creator even before its public debut last December. Zynga then spent much of January below its IPO price, but now enjoys an average […]

Zynga sees better results after sinking share prices for almost two months – Part 2

Bhatia will look at Zynga’s daily traffic, too, which was down some 6% in December and up just 2.8% for the year, according to Appdata.com, which tracks Facebook applications’ traffic. If Zynga fails to bring in new users—people possibly more willing to pay—it must turn existing users into payers. Bhatia doubts Zynga could do that […]

Investors at KSE witness careful buying, Stocks end flat

Investors at KSE witness careful buying, Stocks end flat Karachi: (Thursday, February 02, 2012) After witnessing a week of frantic buying, Karachi stock exchange observed a flat day today. Although the day kicked off with significant buying, but after the news about contempt hearing of the prime minister, investors decided to contain themselves from pouring […]

Facebook’s IPO: It is an opportunity for social network to grow up a corporate

Facebook, Inc. is on the verge of initiating the procedure of filing at Securities and Exchange Commission, US. The new stride into the corporate world is going to raise as much as $10 Billion from Initial Public Offering. This opens up new horizons for the social network to widen the span of their operations. The […]

Facebook brings 60 new partners into the fold to develop applications for the social network – Part 1

Facebook unveiled Open Graph at F8 2011last fall, which is now available for developers interested in building apparently any lifestyle application they wish. Facebook is strongly supporting its Timeline project with two major product announcements. First, Facebook has signed over 60 new partners that are integrating with the social network to help the users to […]

Facebook brings 60 new partners into the fold to develop applications for the social network – Part 2

This might be another step further in making the company a profitable enterprise prior to going public. The media and application development partnerships might evade the opprobrium the social network had been attracting of late. Many experts have been of the opinion that Facebook has no permanent and satisfactory tools to increase the profits from […]

Speculations over army and civilian government hit the KSE; Local Equities down at four-month low

Speculations over army and civilian government hit the KSE; Local Equities down at four-month low Karachi (December 16); amid the speculation of a deteriorated relationship between military and the civilian government over the memo-gate issue, the investors in the KSE have expressed their concerns by showing a lower interest in trading as the local equities […]

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