Pakistani Stocks’ Downgrade May Mean ‘End of Passive Ownership’

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 50%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Foreign funds may sell $40 million to $150 million of Pakistani stocks after the country was downgraded by FTSE Russell to frontier-market status, according to Intermarket Securities Ltd.

UK Domestic Stocks Rise Most This Year on Labour Election WinGold Pushes Higher as Investors Expect Fed Will Start to EaseShell Sees Up to $2 Billion Assets Writedown, Weaker Gas TradingBitcoin Drops for Fourth Day Even as Global Stocks Hit RecordsTurkey Bond Inflow Figures Swell With Local Banks Buying AbroadControversial Call on Carbon Credits Triggers Warning Letter to SBTiLe Pen Rejects Polls Showing Far Right Short of French MajorityUK Assets Are Back in Favor After Labour Victory,...

Fed sought more evidence of cooling inflation, June minutes showThe Daily Chase: Quiet trading day expected as July 4 holiday loomsThe Daily Chase: Oil price touches 2-month high as Hurricane Beryl loomsHockey helped lift Canada's economy in April, StatsCan saysThe Daily Chase: Canada's economy eked out 0.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rally in U.S. big tech stocks may be getting stretchedThere’s hope or market segments that have been more tepid this year
Source: globeandmail - 🏆 5. / 92 Read more »

Rally in U.S. big tech stocks may be getting stretchedA blistering rally in U.S. big tech stocks may be due for a breather, offering hope for market segments that have been more tepid this year. Although the S&...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks mixed at open, Dow falls lower after May PPI printThe Dow Jones Industrial Average (^DJI) drops by over 100 points at the get-go of the trading day. The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) move...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Consumer expectations for stocks hit three-year high in MayConsumer expectations for stocks hit a three-year high amid a roaring rally on Wall Street to start 2024.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks open lower ahead of week's Fed meeting, May CPI dataAll three of the major market indices (^DJI, ^IXIC, ^GSPC) are flirting below their flatlines at Monday's market opening. The S&P 500 and the Nasdaq...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks close flat as May jobs report loomsThe major indexes (^DJI,^GSPC, ^IXIC) closed little changed on Thursday as investors await the May jobs report. They're looking for signs that the labor...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »