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News & Events of PBSL

24-May-2015
IPO Application Form (A4)

20-Feb-2014
Notice for change Margin Loan Ratio

28-Nov-2013
Notice for Fund Withdrawal in Margin Account

03-Nov-2013
Notice for Affected Investors

19-Jun-2013
Notice for maintaining minimum purchase power in Margin Account

Daily Business News All Daily Business News
10 Mar 2013
US stocks surge higher

Wall Street spent the week hoping for record results, then cheering record results and, finally, asking itself how long the good times can last. By any calculation, this week was a banner occasion for equities. The highlight came Tuesday, when the Dow Jones Industrial Average powered to an all-time high.

Remarkably, the Dow continued its upward climb the rest of the week, breaking a succession of records before finally closing the week at 14,397.07, up 2.18 per cent. The other leading indices stopped short of records, but also saw impressive increases. The broad-based S&P 500 closed out the week at 1,551.18, up 2.17 per cent, while the tech-rich Nasdaq Composite concluded the week at 3,244.37, up 2.35 per cent.

Friday’s non-farm payroll and unemployment report concluded the week on a high point. The jobless rate fell to 7.7 per cent, a four-year low. The number of new jobs added came in at 2,36,000, well above the 1,65,000 projected. ‘The data add to evidence that momentum in the labour market has strengthened further,’ said Jim O’Sullivan, chief US economist at High Frequency Economics.

‘Even without any further acceleration, the trend in job growth has been strong enough to keep unemployment coming down.’ Anthony Conroy, a trader a BNY Convergex Group, said virtually all of the latest economic data pointed in the right direction. ‘All the signs are positive, but we still need to see growth,’ Conroy said.‘Everybody’s just been so negative for so long. Everyone is waiting for that big correction and it never comes.’

Source :: New Age