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Spot rates of cotton (Crop 2012-2013) KARACHI: Karachi Cotton Association (KCA) Monday announced the following KCA Spot rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16" Micronaire value between 3.8 to 4.9 NCL. ================================================================= Rate                Ex-Gin         Up-country          Spot Rates for                 Price          Expenses            Ex-Karachi 37.324 kgs          5,800          155                 5,955    Equivalent 40 kgs              6,216          155                 6,371 ================================================================= Copyright APP (Associated Press of Pakistan), 2012 ...

Shifting of livestock to Balochistan banned KARACHI: On the request of Commissioner Karachi Roshan Ali Shaikh, the Sindh government has imposed Section 144 on shifting and transportation of animals from Karachi to Balochistan. Due to the rising trend in the price of the meat in Karachi, the commissioner had requested the government to take steps for ending smuggling of the livestock and shifting of animals from Karachi to Balochistan. Recently, Kamran Qureshi, president of Meat Merchant Association had called on the commissioner and ...
LSE suspends BIICL’s trading  RECORDER REPORT LAHORE: Lahore Stock Exchange (LSE) has suspended the trading of Business and Industrial Insurance Company Limited with effect from August 13 (Monday). According to the LSE circular, Business and Industrial Insurance Company Limited has not so far removed the cause of suspension of trading in its shares. Therefore, it has been decided in the interest of trade and public and in exercise of the powers vested in the Exchange under Section 9(7) of the Securities ...
OGDC’s profit after tax increases Rs96.905bn  RECORDER REPORT KARACHI: The profit after tax of Oil and Gas Development Company (OGDC) has increased to Rs 96.905 billion in the year ended June 30, 2012 (FY12) as compared to Rs 63.527 billion earned in FY11. The company’s earning per share increased to Rs 22.53 in the period under review against Rs 14.77 in the same period last year. The board of directors of the company in its meeting held on Thursday recommended final cash dividend for ...
ISE-10 stays bearish  ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Friday witnessed bearish trend as the index was down by 5.91 points to close at 2931.22 as compared to the previous day's trading. Talking to APP, Stock Analyst M.M Hassan said that the technical correction was seemed in the local stock market because the investors had booked the profit when the index got the strength. Despite profit taking in the market, the Pakistan State Oil (PSO) remained most traded scrip ...


Index Closing Chg%
Arrow DJIA 17,730.11 0.16
Arrow Nasdaq 5,009.22 0.08
Arrow S&P 2,076.78 0.03
Arrow FTSE 6,585.78 0.67
Arrow DAX 11,058.39 0.37
Arrow CAC-40 4,808.22 0.57
Arrow Nikkei 20,539.79 0.08
Arrow H.Seng 26,064.11 0.83
Arrow Sensex 28,092.79 0.53

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln