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Karachi Stock Exchange (KSE) remained volatile Wednesday and closed in red zone driven by political situation in the country. The KSE-100 index closed at 30,667.14 points, down 0.68 percent or 209.14 points as compared to 30,876.28 points Tuesday. During the intraday trading, the KSE-100 index touched highest level of 31,141.78 points and fell to 30,562.61 points lowest level.

Karachi Stock Exchange (KSE) remained volatile Wednesday and closed in red zone driven by political situation in the country. The KSE-100 index closed at 30,667.14 points, down 0.68 percent or 209.14 points as compared to 30,876.28 points Tuesday. During the intraday trading, the KSE-100 index touched highest level of 31,141.78 points and fell to 30,562.61 points lowest level.
The International Monetary Fund (IMF) on Wednesday approved disbursement of $ 1.1 billion loan to Pakistan under the Extended Fund Facility (EFF), a private TV channel reported. The approval came during the executive board meeting of IMF, held in Washington on Wednesday. The channel said Finance Secretary Dr Waqar Masood confirmed the approval.
The government has decided to pass on Rs 2.92 per unit relief to the consumers of Distribution Companies (Discos) on account of a reduction in furnace oil price which has generated a saving of Rs 20 billion due to strict implementation of merit order in power generation after due adjustment in surcharge.
US stocks rose on Wednesday on the heels of a three-session losing streak and ahead of the US Federal Reserve's final statement of the year that may set the stage for interest rate hikes in 2015. A strengthening US economy is expected to trump global economic worries and the Fed is likely to signal it is still on track to raise rates, with many investors devoting attention to whether the central bank drops its longstanding view that it would wait a "considerable time" before raising rates.
Mixed sentiments prevailed on the Lahore Stock Exchange on Wednesday where equities moved both ways and finally settled in negative zone amid descending transaction volume. The LSE-25 index was improved by 84.84 points and closed at 5765.16 against 5680.32 of Tuesday, while trading turnover was squeezed to 3.253 million shares compared with day earlier volume of 3.446 million shares.
Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Wednesday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 40.86 points as the ISE Ten Index moved from 3,768.43 to 3,727.57 points. The overall turnover amounted to 24,800 shares as compared to previous volume of 7,700 shares.

 



 
Index Closing Chg%
Arrow DJIA 17,778.15 2.43
Arrow Nasdaq 4,748.40 2.24
Arrow S&P 2,061.23 2.40
Arrow FTSE 6,466.00 2.04
Arrow DAX 9,811.06 2.79
Arrow CAC-40 4,249.49 3.35
Arrow Nikkei 17,210.05 2.32
Arrow H.Seng 22,832.21 1.09
Arrow Sensex 27,126.57 1.56






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln