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Christian community giving last touches to Christmas preparations HYDERABAD: The Christian community of the city has finalised all arrangements to celebrate Christmas with festivity like other parts of the country.Christmas is the most enjoyable occasion for the Christian community. Everyone tries to buy new clothes within their budget. Shopkeepers are also doing brisk business with sale of new dresses, foreign clothes, footwear and cosmetics before Christmas and New Year.Copyright APP (Associated Press of Pakistan), 2014

SBP accepts bids of Rs 24.5bn for outright purchase of Sukkuk  KARACHI: State Bank of Pakistan (SBP) on Wednesday accepted bids of Rs 24.5 billion during its open market operation for the outright purchase of Government of Pakistan Ijara Sukkuk on Bai Muajjal basis.The amount offered for 6-months and 12-months Sukuk were of Rs 33.5 billion, said SBP statement.Copyright APP (Associated Press of Pakistan), 2014

Pakistan to observe 100th anniversary of poet Maulana Hali ISLAMABAD: Federal Minister for Planning, Development and Reform, Prof. Ahsan Iqbal Wednesday reviewed arrangements to observe the 100th death anniversary of the legendary poet Maulana Altaf Hussain Hali all across the country.Chairing a meeting to finalize events on the 100th Death Anniversary of the legendary poet Maulana Altaf Hussain Hali, he asked various organizations to arrange programmes, seminars and other activities to mark the day.He asked the Pakistan Post to finalize the design of postal ...

Shipping activity at Port Qasim KARACHI: Four ships C.V Maersk Kingston, C.V Hanjin Sandiego, M.T Jipro Neftts and M.T Lahore carrying containers, palm oil and furnace oil were allotted berths at Qasim International Container Terminal, Liquid Cargo Terminal and FOTCO Oil Terminal respectively at Port Qasim on Tuesday.Meanwhile another ship carrying containers also arrived at outer anchorage of Port Qasim during last 24 hours.Berth occupancy was observed at the port at 36% on Tuesday, where five ships namely ships C.V ...

APC acknowledges govt efforts to eliminate terrorism: Marvi ISLAMABAD: Chairperson of the National Assembly's Standing Committee on Information and Broadcasting Marvi Memon said on Wednesday the All Parties Conference (APC) acknowledged the serious efforts being made by government to eliminate the menace of terrorism from the country.Talking to a private news channel, she said presence of the country's top political leadership, including Prime Minister Muhammad Nawaz Sharif, at the APC in Peshawar showed the determination of the government to eliminate terrorists.Marvi said that ...

SC rejects petitions challenging ET's decision ISLAMABAD: The Supreme Court (SC) on Wednesday canceled the petitions challenging the decision by Election Tribunal.A three-member bench led by Chief Justice Nasirul Mulk announced his decision regarding the petition against the Election Tribunal's decision.The bench observed that the court doesn't have the authority to declare Election Tribunal's decision void.The petitions were filed by Sheikh Rasheed, Raza Hayat, Muhammad Riaz Malik, Afzal Khokhar and others. The court rejected the petitions stating that the interim decision ...

ISE-10 index stays bearish ISLAMABAD: The Islamabad Stock Exchange (ISE) on Wednesday witnessed bearish trend as the ISE-10 index was down by 40.86 points to close at 3727.57 points.According to the ISE data, a total of 24,800 shares were traded, which showed a positive growth of 17,100 shares, when compared with previous day's trading of 7,000 shares.Out of 145 companies, share prices of 59 companies recorded increase while those of 86 companies witnessed decrease.The share price of Ferozsons Laboratories ...


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

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