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LSE downs by 74.45 points LAHORE: Lahore Stock Exchange here Monday witnessed bearish trend by loosing 74.45 points, as the LSE Index-25 opened with 5583.43 points and closed at 5508.98 points. The market's overall situation also did not correspond to an upward trend as it remained at 547,600 shares to close against previous turnover of 1.679 million shares, showing a downward slide of 1,131 million shares. While, out of the total 73 active scrips, only two moved up, 19 shed values and 52 remained equal. The Major Gainer of the day was The Bank of Punjab and Silk Bank Limited (Saudi) by recording increase in its per share value by Re 0.02 each. Pak Elektron Limited, Maple Leaf Cement Factory and Ghani Automobile Industries lost their per share value by Rs 1.30, Rs 1.08 and Re 1.00 respectively. Top three Volume Leaders of the day included The Bank of Punjab Limited with 259,000 shares, Pervez ...


World Museum Day observed across the world ISLAMABAD: International Museum day was observed throughout the world including Pakistan with theme as 'Museums for a Sustainable Society'.The objective of observing the day is to highlight importance of museums."Museums are an important means of cultural exchange, enrichment of cultures and development of mutual understanding, cooperation and peace among peoples", ICOM President said on the occasion.Museums, promote your International Museum Day activities on a world map.Every year since 1977, ICOM has organised International Museum Day ...

Industrial output grows 2.49pc in 9 months ISLAMABAD: The country's large scale manufacturing (LSM) sector has witnessed growth of 2.49 percent during the first nine months of current fiscal year as compared to the corresponding period of last year.The Quantum Index Numbers (QIM) of large scale manufacturing industries was recorded at 125.57 points during July-March (2014-15) against 122.52 points during same period of last year, according the data of Pakistan Bureau of Statistics (PBS).The highest growth of 5.23 percent was witnessed in ...

Pakistan condemns drone strike in North Waziristan ISLAMABAD: Pakistan on Monday condemned latest drone strike that resulted in a number of casualties in the Mana area of North Waziristan Agency on May 16.Foreign Office Spokesman Qazi Khalilullah in a statement issued here said, "We condemn such strikes which are a clear violation of Pakistan's sovereignty and territorial integrity."He said these strikes generate distrust among the local populace at a time when Operation Zarb-e-Azb is moving ahead decisively and the focus of the ...

PM inaugurates improved facilities at Benazir Bhutto Airport ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Monday inaugurated the Rs 460 million newly upgraded facilities and fast track services here at the Benazir Bhutto International Airport.The airport now has a new Taxiway - Delta, to allow the aircraft exit the runway after landing, vacating it for other aircraft to land or take-off.Prime Minister Nawaz Sharif went around the renovated areas of the airport, designed to provide maximum facilities to the passengers till the completion ...

Interior Minister arrives to discuss law, order KARACHI: Interior Minister Chaudhry Nisar Ali Khan arrived here Monday to get detailed account of the law and order situation in Sindh especially in Karachi.The Minister will be given briefing on the law and order situation. He will be informed about the results achieved so far from the ongoing targeted operation against terrorists and other criminals, and about the future plan.Chaudhry Nisar will also meet Chief Minister Syed Qaim Ali Shah and Governor Sindh Dr ...

Pak importer buys 40,000 tonnes soybeans from Argentina HAMBURG: A Pakistani importer has bought about 40,000 tonnes of soybeans to be sourced from Argentina, European traders said on Monday.The soybeans were for shipment in August, they said.Copyright Reuters, 2015


 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 26, 2015
Reserves $17.749 bln