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US stocks were little changed on Thursday, well off session lows as tech shares recovered, with the S&P 500 struggling to avoid a fourth straight daily decline. Semiconductor stocks were under pressure for a fourth straight session as SanDisk tumbled 18.1 percent to $66.47 after cutting its revenue outlook.

On Thursday, BRIndex30 opened at 17,684.23 points. It touched an intraday high of 17,863.58 points and an intraday low of 17,017.10 points and closed at 17,429.73 points which was -254.5 points or -1.44 percent lower than previous close. Total volume was 188,660,100, which was 73.03 percent of KSE All share volume and 97.62 percent of KSE 100 volume. The KSE All Share volume was 258,324,500 and KSE 100 volume was 193,252,760.
US stocks dropped on Wednesday as a slump in technology and biotechs sent the Nasdaq to its biggest decline in nearly a year while the S&P 500 fell through key support levels. Semiconductors and biotech stocks weighed heavily on the Nasdaq, suffering their third straight session of declines after strong gains in the prior week.
Japan's Nikkei share average dropped on Thursday as investors sold semi-conductor and other hi-tech shares after their US peers were sold off sharply following soft US economic data. News that Saudi Arabia and Gulf Arab countries had launched military operations in Yemen to beat back Shia militia forces also dampened the mood, although it benefited oil shares as oil prices rose.
Britain's top share index fell sharply on Thursday, led by tech stocks as investors grew nervous about their declining growth prospects and rich valuations. Britain's FTSE 100 closed 1.4 percent lower at 6,895.33 points, bringing the drop since a record high hit on Tuesday to 2.4 percent.
European stocks fell on Thursday, extending the previous session's retreat, hurt by worries over valuation levels in growth sectors such as technology following strong gains this year. Euro zone equity indexes managed to trim heavy losses in late trade, however, as the euro currency reversed gains and slipped again.
The Board of Directors of Hascol Petroleum Limited in their meeting held on 25th March 2015 has approved the annual accounts of the company for the year ended 31st December 2014 and recommended to issue bonus shares in the proportion of 1.1 shares for every 10 shares held ie 11 percent out of the free reserves of the company. This is in addition to the interim dividend of Rs 3.20 per share ie 32 percent already paid to the shareholders.

 



 
Index Closing Chg%
Arrow DJIA 17,678.23 0.23
Arrow Nasdaq 4,863.36 0.27
Arrow S&P 2,056.15 0.24
Arrow FTSE 6,895.33 1.37
Arrow DAX 11,843.66 0.18
Arrow CAC-40 5,006.35 0.29
Arrow Nikkei 19,471.12 1.39
Arrow H.Seng 24,497.08 0.13
Arrow Sensex 27,457.58 2.33





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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln