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Dejan Kulusevski cannot wait to play Man City again after Tottenham run riotStocks likely to move up amid key policy rate cut expectations KARACHI: Stocks increased above 5,000 points, or around 5.0 per cent, and remained the top-performing market in the world in terms of dollar returns for the second consecutive week. The market is likely to keep the upward momentum amid expectations of a higher cut in the key policy rate next week. “The market participants are expected to closely monitor the MPC meeting on December 16 (which will mark the final MPC of CY24),” said brokerage Arif Habib Ltd. “We project a 200bps cut in the monetary policy rate, arriving at 13 per cent. Hence, the KSE-100 index is expected to continue with the bullish streak.” The market remained buoyant throughout the week, with the KSE-100 index crossing the 115,000 points mark. The bullish momentum prevailed amid positive economic indicators coupled with expectations of a rate cut in the upcoming monetary policy committee meeting in the upcoming week. The market closed at 114,302 points, significantly up by 5,248 points or 4.8 per cent week-on-week. With this, Pakistan continues to be the world’s best-performing market in terms of USD-based return for the second consecutive week. Average volumes arrived at 1,362 million shares (down 19.1 per cent WoW), while the average value traded settled at $218 million (up 10.2 per cent WoW). Foreigner selling continued during this week clocking in at $0.9 million compared to a net sell of $14.2 million last week. Major selling was witnessed in fertiliser ($3.7 million) followed by E&P ($3.6 million). On the local front, buying was reported by funds ($40.9 million). Sector-wise positive contributions came from oil and gas exploration (3,175 points), fertiliser (1,767 points), oil and gas marketing companies (589 points), cement (432 points) and technology and communication (403 points). Scrip-wise positive contributors were MARI (1,921 points), FFC (1,193 points), OGDC (592 points), PPL (585 points), and PSO (420 points). The sectors that contributed negatively were commercial banks (2,292 points), automobile parts (18 points), and cable and electrical goods (16 points). Scrip-wise negative contributions came from UBL (465 points), MEBL (392 points), BAHL (350 points), MCB (329 points) and HBL (232 points). Analyst Nabeel Haroon at Topline Securities said the KSE 100 index gained 4.83 per cent on a WoW basis making it the eighth consecutive positive closing as expectations of an interest rate cut in the upcoming monetary policy meeting kept the investor interest robust, and continuous buying by mutual funds provided further stimulus to the market. Wadee Zaman, an analyst at JS Research, said Pakistan’s remittance inflows continued to remain elevated in November, clocking around the $3 billion mark with a 29 per cent year-on-year increase. “With the current run-rate, the $35 billion annual target projected by the finance minister earlier this week appears attainable,” he said. In the recent T-bill auction, the government raised Rs1,256 billion against a target of Rs1,200 billion, with yields decreasing by up to 100bps across different tenors. The finance minister said that the government’s external financing gap had been met for the current year, leaving no urgency to tap international financial markets until Pakistan’s credit rating improves. During the week, the federal cabinet approved settlement agreements with eight bagasse-fired IPPs, this initiative is expected to result in a reduction in electricity prices. Furthermore, passenger car sales recorded a significant jump of 62 per cent YoY in November. Meanwhile, the banking sector’s ADR increased to 47.8 per cent in November compared to 44.3 per cent in October. SBP reserves climbed up by $13 million to $12.1 billion.Nonesport betting arbitrage 。

One of the Detroit Tigers’ most notable Latin American success stories has secured a massive new contract. Shortstop Willy Adames agreed to a seven-year, $182 contract with the San Francisco Giants this weekend . Signed by the Tigers out of the Dominican Republic in 2013, Adames spent two seasons in Detroit’s minor-league system before being traded to the Tampa Bay Rays on July 31, 2014, in the deal that brought David Price to Detroit . A decade later, Adames has established himself as one of the game’s top shortstops -- and now one of its wealthiest. RECOMMENDED • mlive .com Tigers ace elected to union leadership spot after Cy Young season Dec. 7, 2024, 3:09 p.m. Former Tigers outfielder signs minor-league deal with Cardinals Dec. 3, 2024, 4:07 p.m. Adames was traded to the Brewers in 2021 for two relievers as the Rays cleared a path for shortstop prospect Wander Franco. He hit free agency following a stellar 2024 campaign in which he played 161 games, hit 32 home runs, and posted a .794 OPS (118 OPS+). Adames has also been a well-regarded defender, although his metrics slipped in 2024 and he expressed a willingness to move to third base for his new team if necessary. It doesn’t look like that will be part of the plan for the Giants, who have slick-fielding Matt Chapman at the hot corner. Adames’ signing removes one of the top free agents from the market just as MLB’s winter meetings get underway this week in Dallas . All eyes are on star outfielder Juan Soto, whose anticipated record-breaking deal is the biggest story of the winter.

BNP Paribas Financial Markets lifted its holdings in shares of Glaukos Co. ( NYSE:GKOS – Free Report ) by 186.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,726 shares of the medical instruments supplier’s stock after acquiring an additional 8,942 shares during the quarter. BNP Paribas Financial Markets’ holdings in Glaukos were worth $1,788,000 as of its most recent filing with the Securities and Exchange Commission. A number of other institutional investors have also recently added to or reduced their stakes in GKOS. EFG Asset Management North America Corp. lifted its stake in shares of Glaukos by 0.5% during the second quarter. EFG Asset Management North America Corp. now owns 27,205 shares of the medical instruments supplier’s stock worth $3,216,000 after purchasing an additional 128 shares in the last quarter. Values First Advisors Inc. acquired a new position in Glaukos during the 3rd quarter worth approximately $25,000. New York State Teachers Retirement System boosted its holdings in Glaukos by 0.4% in the 3rd quarter. New York State Teachers Retirement System now owns 48,143 shares of the medical instruments supplier’s stock worth $6,272,000 after acquiring an additional 200 shares during the period. KBC Group NV grew its position in Glaukos by 16.2% in the third quarter. KBC Group NV now owns 1,445 shares of the medical instruments supplier’s stock valued at $188,000 after acquiring an additional 201 shares in the last quarter. Finally, Inspire Investing LLC raised its stake in shares of Glaukos by 6.9% during the third quarter. Inspire Investing LLC now owns 3,193 shares of the medical instruments supplier’s stock valued at $416,000 after purchasing an additional 206 shares during the period. 99.04% of the stock is owned by hedge funds and other institutional investors. Insider Activity In other Glaukos news, COO Joseph E. Gilliam sold 2,275 shares of the business’s stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $138.97, for a total transaction of $316,156.75. Following the completion of the transaction, the chief operating officer now directly owns 102,169 shares of the company’s stock, valued at $14,198,425.93. The trade was a 2.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink . Also, Director Gilbert H. Kliman sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $130.67, for a total transaction of $392,010.00. Following the completion of the sale, the director now owns 32,336 shares in the company, valued at $4,225,345.12. The trade was a 8.49 % decrease in their position. The disclosure for this sale can be found here . Corporate insiders own 6.40% of the company’s stock. Glaukos Stock Performance Glaukos ( NYSE:GKOS – Get Free Report ) last posted its quarterly earnings results on Monday, November 4th. The medical instruments supplier reported ($0.28) EPS for the quarter, beating the consensus estimate of ($0.48) by $0.20. The business had revenue of $96.70 million during the quarter, compared to analyst estimates of $91.50 million. Glaukos had a negative net margin of 42.43% and a negative return on equity of 18.99%. The company’s quarterly revenue was up 23.9% on a year-over-year basis. During the same period in the previous year, the business posted ($0.50) EPS. Equities research analysts forecast that Glaukos Co. will post -1.89 EPS for the current year. Wall Street Analyst Weigh In GKOS has been the subject of several analyst reports. Stifel Nicolaus upped their target price on shares of Glaukos from $145.00 to $153.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. UBS Group began coverage on Glaukos in a research note on Friday. They set a “buy” rating and a $182.00 target price for the company. Morgan Stanley cut Glaukos from an “equal weight” rating to an “underweight” rating and set a $120.00 price target on the stock. in a research note on Monday, December 2nd. Piper Sandler set a $140.00 price target on Glaukos in a report on Thursday, October 17th. Finally, StockNews.com upgraded Glaukos from a “sell” rating to a “hold” rating in a report on Monday, October 21st. One analyst has rated the stock with a sell rating, three have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Glaukos presently has a consensus rating of “Moderate Buy” and an average price target of $140.00. Check Out Our Latest Analysis on Glaukos Glaukos Profile ( Free Report ) Glaukos Corporation, an ophthalmic pharmaceutical and medical technology company, focuses on the development of novel therapies for the treatment of glaucoma, corneal disorders, and retinal diseases. It offers iStent and iStent inject W micro-bypass stents that enhance aqueous humor outflow inserted in cataract surgery to treat mild-to-moderate open-angle glaucoma. See Also Receive News & Ratings for Glaukos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Glaukos and related companies with MarketBeat.com's FREE daily email newsletter .NoneTech whistleblowers urged to come forward and expose corporate wrongdoing

The NASCAR Awards Banquet was initially a low-key affair, held in the basement of the Plaza Hotel in Daytona Beach, Florida. The private event was exclusively for Cup Series drivers and teams that finished in the top 10 in the final standings, along with executives from the sport, and remained closed to the media. In 1981, seeking a more glamorous setting, the ceremony relocated to the Waldorf Astoria in New York City. Then, in 2009, in an attempt to escape the frenetic pace of the holiday shopping season in The Big Apple, the awards banquet moved to Las Vegas. A decade later, in 2019, NASCAR opted for another change of scenery, moving the event to Nashville. It marked NASCAR’s return to Music City for the first time since the Nashville Superspeedway closed in 2012. The sport’s return to the area saw an increase in demand for stock car racing in the city, necessitating the reopening of the 1.3-mile-long oval. Since 2021, champions from all three nationwide series also started getting celebrated at the Cup Series Awards Banquet. However, given North Carolina’s deep ties to many teams and NASCAR drivers, the decision was made to keep the event closer to Charlotte. Despite this, many fans hold the opinion that New York City is the quintessential backdrop for the banquet. The sentiment was echoed recently when several fans of the sport reacted to a picture of stock cars going down the iconic Times Square in the city. The caption to the post read, “I feel like the NASCAR Awards should always be somewhere cool. Where would you like to see the Awards??? My vote is NYC.” The response was overwhelming, with many rallying in the comments to support the move back to New York City. One fan enthused, “That would be great to bring it back to NYC,” while another declared, “It was the best place.” Firmly, a NASCAR enthusiast proclaimed, “It belongs in NYC !” and another chimed in with a straightforward, “Never should’ve left NYC.” Back when NASCAR celebrated in Las Vegas Darrell Waltrip, a NASCAR Hall of Fame driver and broadcaster, was the first champion to be celebrated at The Big Apple after he clinched the 1981 title, marking the ceremony’s move to New York. Reflecting on the transition to Las Vegas, later on, Waltrip remarked, “It was unbelievable, the difference between the two (venues).” “Having the dinner in New York was a huge step up. It was making a statement. This wasn’t just a backwoods sport, a bunch of good ol’ boys; these guys are professional race car drivers and this would change the image of the sport. And it did,” he added . New York remained the backdrop for the NASCAR banquet for 28 years. Yet, the city’s bustling nature posed challenges for fan-friendly events outdoors, and unpredictable weather often played spoilsport. Moreover, the local media’s lukewarm coverage meant that despite noteworthy spending, the event rarely made headlines the following day. Despite these hurdles, Waltrip admitted a lingering fondness for New York, noting, “There’s nothing wrong with Las Vegas. It’s a fun place to go and a fun place to have an event. Just a difference in times, I guess.” Jeff Gordon also shared his thoughts in 2015, saying, “I personally like New York a lot and I like to be there. But I can also remember ... trying to move from the hotel six blocks and it would take you 45 minutes; the snow and just a lot of things ... were real challenges.” It’s been 16 years since NASCAR parted ways with New York. Perhaps, as an experiment, it might be worthwhile to revisit the metropolis and see how a return would be received today.Forte scores 21, South Dakota beats Western Illinois 89-66GREEN BAY, Wis. (AP) — Green Bay Packers wide receiver Romeo Doubs left his team’s game against the San Francisco 49ers on Sunday because of a concussion. Doubs’ injury came on a third-quarter play in the end zone that resulted in a pass interference penalty against San Francisco’s Renardo Green. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.