Just in:  

You are here: Home»Market Data»Stocks & Bonds»

Stocks and Bonds


The Federal Reserve postponed an interest rate hike last month as it worried about a global slowdown led by China, the strong dollar and listless US inflation, a Fed report showed Thursday. Policymakers at the September 16-17 meeting of the Federal Open Market Committee, mulling an increase in the zero-level federal funds rate, took a cautious approach after a severe bout of financial turmoil unsettled the outlook for the US economy.

Pakistan's industrial stakeholders have reportedly urged the Ministry of Commerce (MoC) to negotiate "Fair Trade Agreement" instead of under-negotiated Free Trade Agreement-II (FTA-II), allowing import of raw materials not finished products, well informed sources told Business Recorder. This was the crux of the recent consultative meetings between the Commerce Ministry's team and industry representatives held in Islamabad. The second phase of China Pakistan Free Trade Agreement (CPFTA) will be held on October 14, 2015 in Beijing.
Senate Standing Committee on Finance on Thursday approved formation of a ten-member independent monetary policy committee. A meeting of the committee presided over by Saleem Mandviwala was informed by Secretary Finance Dr Waqar Masood that the powers after the approval of an amendment to SBP Act would be withdrawn from the Executive Board of Directors and delegated to the monetary policy committee.
Chairman Privatisation Commission Mohammad Zubair launched a roadshow in Washington on Thursday to attract US investment to Pakistan's energy sector, saying that with political stability and significant reduction in violence, the country offers ideal investment opportunities. Speaking to a large gathering of investors, businessmen and energy specialists, the Chairman said the cabinet has approved the structuring of the Faisalabad Electric Co Ltd (FESCO) for privatisation and the remaining eight power units were now in line with financial advisors for these companies already appointed.
Private Power and Infrastructure Board (PPIB) has reportedly inflicted millions of dollars financial loss on the national exchequer by granting extension in Letters of Intent and Letters of Support to the " much favoured" four power projects in violation of rules and procedures of power policy, well informed sources told Business Recorder.
National Electric Power Regulatory Authority (Nepra) on Thursday approved reimbursement of Rs 2.60 per unit for August 2015 to consumers overcharged by the power distribution companies (Discos). The refund of Rs 22 billion will be passed on to those consumers using above 300 units a month in bills of November 2015. The government has committed to lenders, i.e., the IMF, World Bank, ADB, and JICA to gradually phase out untargeted subsidies, while continuing to protect the most vulnerable consumers.
Karachi stocks gained 93 points to close at 33,469.73 points Thursday amid speculations ahead of quarter-end earning announcements. In volatile trade, the benchmark KSE-100 index hit the session high and low of 33,493.93 and 33,257.83 points, respectively. "Volatility prevailed in Thursday's session as the index fluctuated between the +117 and -119 points," said Ahmed Saeed Khan of JS Research.
  • «
  •  Start 
  •  Prev 
  •  1 
  •  2 
  •  3 
  •  4 
  •  5 
  •  Next 
  •  End 
  • »


Index Closing Chg%
Arrow DJIA 17,050.75 0.82
Arrow Nasdaq 4,810.79 0.41
Arrow S&P 2,013.43 0.88
Arrow FTSE 6,374.82 0.61
Arrow DAX 9,993.07 0.23
Arrow CAC-40 4,675.91 0.18
Arrow Nikkei 18,141.17 0.99
Arrow H.Seng 22,354.91 0.71
Arrow Sensex 26,845.81 0.70

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 08, 2015
Reserves $20.05 bln