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ISE-10 stays bearish     ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Wednesday witnessed bearish trend as the index was down by 35.61 points to close at 2619.38 as compared to the trading of previous day. Stock Analyst, Ismail Iqbal Pvt Ltd, Zaheer Ahmed told APP that the consecutive foreign selling since last some days caused the negative sentiments in the local bourse. He said that despite that, there was positive sentiments still because of the rumors of conversion of Capital Gain Tax (CGT) into Tax on turn-over of shares ( Transaction of sales and purchase). According to the circulating rumors in the local markets, the investors are expecting the visit of Dr. Hafeez Shaikh Finance Minister to Karachi Stock Exchange (KSE) in the next week and it is expected that the minister would announce the conversion of CGT into Tax on Turnover of shares. Total volume of shares traded was 7,500, which was down by 15,830 as compared ...

Gold slips to Rs 46,757  KARACHI: Gold slipped by Rs 128 to close at Rs 46,757 per 10 grams in the local market Monday, as its international price dropped to $ 1,594 an ounce, market sources said. According to Karachi Saraf Association official, tola (11.664 grams) price also decreased by Rs200 to Rs54,550. Silver closed unchanged at Rs 865.71 per 10 grams.   Copyright APP (Associated Press of Pakistan), 2011   ...
Foreign investors sell shares worth $11.241mn  RECORDER REPORT KARACHI: A massive outflow of $11.241 million of foreign investors portfolio investment (FIPI) from the local equity market was seen during the week ended on December 16, 2011. According to National Clearing Company of Pakistan Limited (NCCPL) data, foreign investors withdrew $15.325 million from the local equity market during the first half of current month. The data shows that the offshore participants had sold shares worth $4.186 million during November, 2011. Analysts say that ...
Prices of dry fruits skyrocketing     ISLAMABAD: Every passing day of winter and dropped mercury have skyrocketed the dry fruits prices. The shopkeepers are charging exorbitant rates, as there is no mechanism to control prices of such items. Nuts are being sold at Rs 280 to 320 per kg, grams at Rs 150 to 160 per kg, varieties of almonds at Rs 360 to 550 per kg and kernel at Rs 700, 800 and 900 per kg, pistachio with and without shell at ...
Nafa Fund as Collateral  RECORDER REPORT KARACHI: The Karachi Stock Exchange (KSE) has informed all its members that NAFA Government Securities Liquid Fund has completed all eligibility requirements of the acceptance as collateral. Therefore, the same would be acceptable as collateral against margins requirements with immediate effect. The updated list of Open End Funds acceptable as collateral includes Askari Sovereign Cash Fund, JS Cash Fund, KASB Cash Fund, MCB Cash Management Optimizer Fund, Meezan Cash Fund, NAFA Government Securities Liquid ...


Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,417.53 0.01
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln