Tag Archives: Financial Markets

PSX Notice Summary: In light of the recent announcement regarding the book closure date for JS Global Banking Sector ETF (JSGBETF), the Pakistan Stock Exchange (PSX) is updating the trading and settlement schedules for the Deliverable Future Contracts (DFC) related to this ETF. The revised schedule affects DFCs for August 2024, September 2024, and October 2024. Affected Contracts and New …

On Monday, Tesla (TSLA.O) shares surged nearly 6.3% following Morgan Stanley’s designation of the company as its “top pick” in the U.S. automotive industry. This notable shift came as the brokerage replaced Ford (F.N) with Tesla, citing significant future growth potential in Tesla’s energy business and a strategic advantage in the zero-emission vehicle credit market. Key Insights from Morgan Stanley: …

On Monday, U.S. stock markets exhibited choppy, range-bound trading as investors anticipated a series of significant upcoming events, including earnings reports from major tech companies, a Federal Reserve policy decision on interest rates, and crucial labor data. Market Performance Highlights Major Indexes: At 11:59 a.m. ET, the Dow Jones Industrial Average (DJI) was down 2.65 points, or 0.01%, at 40,586.69. …