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Lahore Stock Exchange gains 6.85 points LAHORE: The Lahore Stock Exchange on Wednesday witnessed bullish trend by gaining 6.85 points as the LSE-25 Index opened with 3756.83 and closed at 3763.68 points.   The market's overall situation, however, did not correspond to an upward trend as it remained at 1.810 million shares to close against previous turnover of 5.758 million shares, showing a downward move of 3.947 million shares.   While, out of the total 95 active scrips, 30 moved up, 14 remained equal with 14 down value. Attock Refinery Limited, Engro Corporation Limited and Dawood Hercules Corporation were Major Gainers of the day by recording increase in their per share value by Rs. 2.00, Rs. 1.70 and Rs. 1.20 respectively.   Muslim Commercial Bank Limited, Arif Habib Corporation and National Bank of Pakistan lost their per share value by Rs. 7.30, Re. 0.64 and Re. 0.47.   The Volume Leader of the day included NIB Bank Limited with 282,000 shares, Fauji Cement Company ...

Railways earned Rs6.123bn from 10,157.52 acres land lease ISLAMABAD: The Pakistan Railways has collected Rs. 6.123 billion through leasing 10,157,52 acres land during the last 10 years.   The criteria adopted for leasing out the land of Pakistan Railways included short term lease upto 10 years and long term lease upto 99 years as all the lands were leased out through open public auction and sealed bidding after proper advertisements in newspapers.   According to the Pakistan Railways, minimum reserve lease values are set keeping in view ...

No system except democracy to thrive in country: CJP ISLAMABAD: Chief Justice of Pakistan Iftikhar Muhammad Chaudhry on Wednesday observed that the Supreme Court had already held that there should be only democratic system in the country to thrive.   He said that all should work to strengthen the system and the institutions whereas the Court's insistence on the electoral reforms reflected that these would be sustained efforts to solidify the system further.   He made these observations while heading a three-Judge bench over a constitutional plea moved ...

General elections to be held on time: Mian Iftikhar PESHAWAR: Khyber Pakhtunkhwa Minister for Information Mian Iftikhar Hussain has said that general elections would be held on time and asked party workers and leaders to start electioneering and inform masses about the five years performance of the party.   He said this while addressing a function held here at Bacha Khan Markez on Wednesday wherein people from PK 12 Taro Jabba announced joining of ANP along with families and supporters.   Speaking on the occasion, Mian Iftikhar Hussain, ...

Boy dies in road mishap QUETTA: A 4-year-old child was killed when a speedy vehicle hit him near Jinnah Town area of provincial capital,police said on Wednesday.   "The victim Abdul Rasheed was crossing the road when the vehicle hit him to death due to over speeding", police said.   His body was handed over to the heirs after legal formalities.   Police have registered a case.   Copyright APP (Associated Press of Pakistan), 2013

Shipping activity at Port Qasim KARACHI: Shipping activity remained active at the Port where four ships C.V Maersk Kalamata, C.V Abu Dhabi, M.V Liberty Eagle and M.T Bhairavi scheduled to load/ offload containers, wheat, rice, and chemicals were allotted berths at Qasim International Container Terminal (QICT), Grain and Fertilizer Terminal and Engro- Vopak Terminal respectively on Tuesday, port sources said Wednesday.   Meanwhile four more ships with containers, fertiliser, palm oil and LPG also arrived at outer anchorage of Port Qasim the ...

OGRA raises wellhead gas prices KARACHI: Oil and Gas Regulatory Authority (OGRA) has announced wellhead gas prices for all the fields raising the purchase prices in the range of 0.57pc to 9.49pc, effective from July 2012.   According to market sources here Wednesday, the rise in the gas prices will improve profitability and share prices of PPL, OGDC and POL.   Senior analyst KASB Research Hussain Yasar said that highest increase of 9.49 percent was recorded in the wellhead price of Sui gas field, ...


Index Closing Chg%
Arrow DJIA 16,614.81 1.31
Arrow Nasdaq 4,419.48 2.40
Arrow S&P 1,941.28 1.96
Arrow FTSE 6,372.33 1.68
Arrow DAX 8,886.96 1.94
Arrow CAC-40 4,081.24 2.25
Arrow Nikkei 14,804.28 2.03
Arrow H.Seng 23,088.58 0.08
Arrow Sensex 26,575.65 0.55

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln