* Thursday's technical chart is showing the pair holds onto the uptrend
KARACHI -- Gold price shot up Rs1,700, or 2.11%, to a record high of Rs82,000 per tola (11.66 grams) in Pakistan in line with the uptrend
in the world market on Thursday.
'Notably, retail sector exhibited a significant uptrend
in e-recruitment activity for the second consecutive month in April 2019 with an increase of 26 per cent on an annual basis,' it said, adding that the oil and gas sector also recorded an increase at 16 per cent y-o-y.
'Tech-wise, the PSEi seems to now be moving on an uptrend
after it finally broke through the significant 7,900 level,' local stock brokerage Papa Securities said.
According to the Financial Supervisory Service (FSS), Meritz Securities posted a net profit of 355.2 billion won ($315.2 million) in 2017, and continued the uptrend
by marking a 433.8 billion won last year, up 22 percent from the previous year.
Index may resume uptrend
this week !-- -- Iris Gonzales (The Philippine Star) - February 11, 2019 - 12:00am MANILA, Philippines The stock market may resume its uptrend
this week after the Chinese New Year holiday last week, traders said.
We might be looking for a test of the very long-term uptrend
line at the 2350-2325 area.
Alternatively, if the index can get above last week's high of 3,109.30 and close above it on a daily basis, there's a chance for the five-week uptrend
continues in the near term.
Meanwhile, a year-on-year (YoY) comparison highlighted that top metros have maintained a steady growth while the Tier II markets were signaling a healthy uptrend
Global Banking News-April 1, 2016--Malaysia's CIMB expects uptrend
in consumer banking
Finally, the breakout also triggered a trend continuation of the 17-week uptrend
, begun off the December 2014 low.
That been said, it is worthy to note that the Index is trading above its intact uptrend
line formed since the first quarter of 2009.