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LSE looses 99.59 points LAHORE: Lahore Stock Exchange here Wednesday witnessed bearsh trend by losing 99.59 points, as the LSE Index-25 opened with 5490.17 points and closed at 5390.58 points. The market's overall situation also did not correspond to an upward trend as it remained at 1.753 million shares to close against previous turnover of 2.224 million shares, showing a downward slide of 471,000 shares. While, out of the total 99 active scrips 13 moved up, 41 shed values and 45 remained equal. The Major Gainers of the day were Highnoon Laboratories Limited, AVANCEON Limited and Allied Bank Limited by recording increase in their per share value by Rs 2.41, Rs 1.87 and Rs 1.74 respectively. Pakistan State Oil Company Limited, Attock Refinery Limited and Habib Bank Limited lost their per share value by Rs 21.04, Rs 9.20 and Rs 8.14 respectively. Top three Volume Leaders of the day included NIB Bank Limited with ...

Inauguration of 3rd Islamic Finance Conference on April 24 KARACHI: Governor State Bank of Pakistan, Ashraf Wathra will inaugurate the 3rd Islamic Finance Conference and Exhibition (IFCE) on April 24 at a hotel here.CEOs and Presidents of different Islamic Banks will chair different sessions, said a statement on Wednesday.Prominent speakers at the event will highlight the prevailing boom and expansion of Islamic Banking globally and locally, its emerging potential and scope going forward.Chairing different sessions on various subjects, they will raise the issues and ...

Senate body vows to ensure extension of Poly-Clinic hospital ISLAMABAD: Senate Standing Committee on Cabinet Secretariat Wednesday asked Capital Development Authority (CDA) to follow its directions and take action to ensure extension of Poly-Clinic hospital.The committee meeting was held under the chairperson of Senator Kalsoom Parveen at Parliament House.Senator Kalsoom Parveen said the committee had been working on issue of Poly-Clinic hospital from the 2005.She said related departments and ministries had no objection and questioned why CDA was not interested in the extension of ...

$1 billion investment arranged for wind power project KARACHI: Sindh Government has succeeded in getting another foreign investment of more than one billion US dollar for its first sponsored Wind Power Project at Jhampeer Wind Corridor district, having capacity to generate 650 MW electricity and provide job opportunities to more than 1000 people of the area.The Chief Minister considering it as a positive indicator for foreign investment in the power generation sector, said that the day was not far away when we will ...

Efforts to continue for controlling power theft: Abid ISLAMABAD: State Minister for Water and Power Abid Shair Ali has said that all out efforts are being made to control power theft.He said all available resources were being utilized to streamline the system in the power sector, adding that strict action would be taken against the power pilferers.Talking to a private television channel, he said measures were being made in all the provinces to control the power theft cases.He said action would not be ...

All institutions respect each other: Mushahidullah ISLAMABAD: Pakistan Muslim League (N) Central Secretary Information Senator Mushahidullah Khan said on Wednesday that all institutions of the country respected each other.Talking to media outside the Parliament, he said, "It was imperative for every institution to respect each other and work within the parameters, define in the Constitution."To a question, he said with the passage of time, media was showing maturity on different issues.He said the findings of Judicial Commission, constituted by the government ...

2,090 martyred in sectarian attacks since 2008 ISLAMABAD: Minister of State for Interior and Narcotics Control Muhammad Baligh-ur-Rehman informed the Senate on Wednesday that total 2,090 persons were martyred in sectarian attacks since 2008.Answering a question, he said 104 persons were martyred in Punjab, 252 in Sindh, 22 in Khyber Pakhtunkhwa (KPK), 737 in Balochistan, 867 in Federally Administered Tribal Areas (FATA), 103 in Gilgit-Baltistan and five in Islamabad Capital Territory.He said total 73 persons had been convicted in these cases so ...


Index Closing Chg%
Arrow DJIA 16,514.37 0.40
Arrow Nasdaq 4,161.46 0.97
Arrow S&P 1,815.69 0.95
Arrow FTSE 6,681.76 0.85
Arrow DAX 9,600.09 2.02
Arrow CAC-40 4,484.21 1.18
Arrow Nikkei 14,388.77 0.85
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Arrow Sensex 22,758.37 0.03

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln