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Monthly Archives: December 2017

US oil prices end above $60 for 1st time in 2-1/2 years

– US oil prices finished above $60 a barrel for the first time since June 2015 after new data suggested American producers were being cautious about ramping up output. The benchmark US contract, West Texas Intermediate for February delivery, climbed 58 cents to finish at $60.42 a barrel. Meanwhile, Brent …

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Pakistan stock market’s bumpy ride in 2017

 Pakistan Stock Exchange once a shinning star, now huddled by political and economic events. Index lost 15.4% in 2017 Pakistan Stock Exchange which was one the best performing markets in the global arena in 2016 portrayed a different picture in 2017 and the ride was quite bumpy and benchmark 100 …

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Can US stocks in 2018 repeat the huge gains of 2017?

After a banner year for US stocks, that saw the Dow hitting repeated records, Wall Street strategists predicted 2018 would see more moderate gains and increased volatility as markets retreated in the final session of 2017 on Friday. A late sell-off pushed the market into the red amid declines in …

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Beauty and the Beast tops 2017 box office race

– Beauty and the Beast is hailed as the highest grossing film of 2017 after it garnered over a billion United States Dollars (USD), Dunya News reported Friday. French writer’s romance with a fictitious story set in 1740 apparently transcends boundaries of time as it has connected with the modern …

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