Market - Global Stock Exchanges.

• Author: Kazmi, S. Kamal Hayder
• Position: Market overview

Byline: S. Kamal Hayder Kazmi

STOCK EXCHANGES AROUND THE WORLD

US Dow rises nearly 100 points, but posts longest weekly losing streak since 2011

Stocks rose on Friday, but notched weekly losses as investors worried the US-China trade war is hurting economic growth.

The Dow Jones Industrial Average ended the day up 95.22 points at 25,585.69 while the SandP 500 climbed 0.1 percent to 2,826.06. The Nasdaq Composite rose 0.1 percent at 7,637.01. The indexes rebounded slightly from sharp losses on Thursday after President Donald Trump said Thursday afternoon the ongoing trade war could be over quickly. Friday's gains were not enough to offset this week's losses. The Dow dropped 0.7percent this week to post its fifth consecutive weekly decline, its longest streak since 2011. The SandP 500 and Nasdaq fell a third straight week of losses, their longest slide since December 2018. The weekly losses come at a time when investors are growing more convinced that the trade war will take longer than expected to conclude and could hurt the economy.

Pakistan stock index advances for fifth straight session, gains 122 points

The stock market on Friday extended its gains from the previous sessions as the KSE-100 index rose 122 points amid volatile trading. However, investors resorted to profit-booking which sparked uncertainty and the index oscillated between red and green zones throughout the day. Overall, trading volumes decreased to 142 million shares compared with Thursday's tally of 227.7 million.

The value of shares traded during the day was Rs6.1 billion. Shares of 313 companies were traded. At the end of the day, 150 stocks closed higher, 151 declined and 12 remained unchanged. Unity Foods was the volume leader with 12.3 million shares, closing stable at Rs11.74. It was followed by Maple Leaf Cement with 8.8 million shares, gaining Rs1.1 to close at Rs23.57 and TRG Pakistan with 5.8 million shares, gaining Rs0.01 to close at Rs16.45.

Indian stocks end at record closing highs on Modi win

Indian benchmark indices ending Friday's session at record closing highs, after investors' optimism was boosted by Narendra Modi-led National Democratic Alliance (NDA's) return to power the previous day. While the gains were across the board, bank stocks and financials made the highest contribution to the indices' rise.

The SandP BSE Sensex ended the day 623 points, or 1.6 percent, higher at 39,435, with ICICI Bank, Larsen and Toubro, Bharti Airtel, Vedanta, and Tata...