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People rush to markets for Eid preparation HYDERABAD: Eid shopping is gaining momentum as great rush of people are being witnessed in all markets and bazaars of Hyderabad. Nowadays, the children and women are more enthusiastic in choosing new and unique design clothes to wear on the occasion of Eidul Fitr. After iftar, bazaars and markets get crowded with people, especially women and children, to buy clothes and accessories for Eid ul Fitr. The customers start thronging shopping centres in the evening said a shopkeeper in Rasham Bazar. The government employees have also jumped into the arena as they have received their salaries and the shopping frenzy has started touching its peak. With the rise in number of buyers, traffic jam in the town's busy market places and intersections, particularly in front of shopping centres including Rasham Bazar, Cant Bazar market, Latifabad Market and other areas has become a routine. The people belonging to all age groups including women and children are ...

Karachi Central district tops in sale of subsidized wheat flour KARACHI: As many as 1.413 million bags of wheat flour weighing 10kg each have been sold at subsidized rates under an scheme of Sindh government in all the five districts of Karachi from 1st of Ramadan till date, Commissioner Roshan Shaikh said. He told media during visit to different areas of city on Thursday that over 0.5355 million wheat bags were sold in Central district, 0.484 million bags in South district, 0.1808 million in Malir district, ...
Spot rates of cotton (Crop 2012-2013) KARACHI: Karachi Cotton Association (KCA) Thursday 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          5,700          155                 5,855    Equivalent 40 kgs              6,109          155                 6,264 ================================================================== Copyright APP (Associated Press of Pakistan), 2012 ...
100-Index computation: KSE holds presentation today  RECORDER REPORT KARACHI: Karachi Stock Exchange (KSE) on Wednesday announced that it will arrange a presentation on upcoming change in the computation methodology of KSE-100 Index. The presentation would be given to KSE members, investors, fund managers and all other market participants at KSE auditorium on Thursday (today). According to a KSE notice sent to all members on Wednesday, the KSE-100 Index is currently being computed using full market capitalization weighted methodology, With an objective to make the ...
Re-composition of KSE-30 Index carried out  RECORDER REPORT KARACHI: The Karachi Stock Exchange has carried out the exercise of re-composition of KSE-30 Index for the review period from January 1 to June 30. The re-composition has been carried out on the basis of the pre-requisites/criteria of selection of companies and as a result thereof, three companies would be affected due to re-composition, a KSE notice issued here on Wednesday said. The three incoming companies are Fatima Fertilizer Company Limited, Engro Foods Limited and Jahangir ...

 



 
Index Closing Chg%
Arrow DJIA 18,232.02 0.29
Arrow Nasdaq 5,089.36 0.03
Arrow S&P 2,126.06 0.22
Arrow FTSE 7,031.72 0.05
Arrow DAX 11,815.01 0.42
Arrow CAC-40 5,117.17 0.50
Arrow Nikkei 20,413.77 0.74
Arrow H.Seng 27,992.83 1.70
Arrow Sensex 27,643.88 1.12





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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%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln