Tag Archives: rises

Bourse snaps bear run, rises 229 points

KARACHI: The Pakistan Stock Exchange snapped a four-day losing streak on Monday and climbed 229 points on the back of stability in regional markets and uptick in global oil prices. Local oil sectors were in the limelight following a spike in international crude prices after Hurricane Ida forced some of …

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Death toll from northern Turkey floods rises to 58

TURKEY: Flash floods that have swept through towns in the Turkish Black Sea region have killed 58 people, authorities said on Sunday, in the second natural disaster to strike Turkey this month. The floods brought chaos to northern provinces just as authorities were declaring wildfires had been brought under control …

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Oil rises as markets expect further fall in inventories

LONDON: Oil prices rose on Tuesday on expectation of a further decline in US oil inventories, recouping some losses from the previous session due to lingering concern over rising cases of the Delta coronavirus variant. Brent crude, the international benchmark for oil prices, was $0.29, or 0.4%, higher at $73.18 …

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Death toll in Turkey wildfires rises to eight

ISTANBUL: The death toll from wildfires on Turkey’s southern coast rose to eight on Sunday as firefighters battled for a fifth day to contain blazes still raging in coastal resort towns. Two more people died on Sunday due to wildfires in the southern town of Manavgat, Health Minister Fahrettin Koca …

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KSE-100 extends good points, rises 137 factors

KARACHI: The Pakistan Inventory Alternate prolonged its bull-run on Thursday and the KSE-100 index rose 137 factors as traders drew encouragement from the receipt of $1 billion by the State Financial institution of Pakistan (SBP) by means of the sale of Eurobonds. Nevertheless, an increase in Covid-19 instances within the …

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