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A number of brokers in the Pakistan Stock Exchange are opposing the nomination of a Canadian citizen as its managing director, following a 40 per cent takeover by a Chinese consortium, a report said on Wednesday. A number of brokers …
When former integrated giant ConocoPhillips (COP) first spun off its refiner arm as Phillips 66 (PSX), the world was a vastly different place. The basic idea was that the slower and erratic profits produced by refining petroleum was hurting overall ...
A few days after the final Panama judgment, BR Research published a piece titled “Is it the ‘end of uncertainty’ at the PSX?” That piece argued that while Pakistan’s stock market seems to be responding positively to the ousting of Nawaz …
By the end of August of this year, shares of PSX stock purchased in 2015 had lost about a nickel in value each, on average. On the other hand, those purchased in 2016 had gained just under 2% in value, on average. The energy …
Marshall Hargrave: Last month, we learned that two talented, billionaire investors are buying an oil stock. But they’re not buying the big, fully integrated oil companies like ExxonMobil (NYSE: XOM) and ConocoPhillips (NYSE:COP). Instead, …
Pakistan has got two concrete international offers for the initial public offering (IPO) of recently merged Pakistan Stock
ISLAMABAD, Sept. 8 (Xinhua) -- The Pakistan Stock Exchange (PSX) finished the abbreviated week on a bullish note on Friday as investors bought fresh positions after a recent slide that left the equities in an attractive range. The Pakistan …
Warren Buffett is history’s greatest investor, and so when his company, Berkshire Hathaway Inc (NYSE:BRK.B), takes a major stake in a company the world takes notice. Investors can read analysis of all of Warren Buffett’s dividend-paying …
Islamabad, Sep 20 (PTI) A number of brokers in the Pakistan Stock Exchange are opposing the nomination of a Canadian citizen as its managing director, following a 40 per cent takeover by a Chinese consortium, a report said today. The …