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Bullish trend witnessed in Lahore Stock Exchange  LAHORE: Lahore Stock Exchange on Wednesday witnessed bullish trend by gaining 44.85 points as the LSE-25 Index opened with 3654.94 and closed at 3699.79 points. The market's overall situation also corresponded to an upward trend as it remained at 4.914 million shares to close against previous turnover of 2.182 million shares, showing an upward move of 2.732 million shares. While, out of the total 91 active scrips 43 moved up, 43 remained equal and 5 shed values. Muslim Commercial Bank Limited, Adamjee Insurance Company and Cherat Cement Pakistan Limited were Major Gainer of the day by recording increase in their per share value by Rs 5.83, Rs 3.30 and Rs 1.71 respectively. Kot Addu Power Company, Dawood Hercules Corporation and Pakistan Petroleum Limited lost their per share value by Re 0.39, Re 0.19 and Re 0.12 respectively. The Volume Leader of the day included Fauji Cement Company Limited with 1.514 million shares, NIB Bank Limited ...

Meat rates won KARACHI: Meat Merchants’ Welfare Association Karachi's President Shaikh Kamran Ikram Qureshi and other leaders met Commissioner of Karachi Roshan Ali Shaikh last evening and assured that they would not increase the meat price during Holy month of Ramadan and maintain it at last year’s level.  As per decision taken at the meeting the meat prices would be as follows: Mutton Rs.500/Kg, Beef along with bones Rs.260/Kg and without bones Rs.290/Kg, Calf meat Rs.300/kg. Commissioner said that ...
Spot rates of cotton (Crop 2012-2013) KARACHI: Karachi Cotton Association (KCA) Wednesday 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          6,000          130                 6,130     Equivalent 40 kgs              6,430          130                 6,560 ================================================================== Copyright APP (Associated Press of Pakistan), 2012 ...
KSE’s performance likely to remain unaffected during Ramazan  RECORDER REPORT KARACHI: The holy month of Ramazan is around the corner, which historically has led to lower volumes at the local bourse, analysts said. Looking back at the 10-year historical data, trading volumes averaged at 220 million shares, while in Ramazan, the trading volumes on average dropped by 32 percent to 150 million shares, they added. “The decline is due to reduced trading hours and religious obligations in the month. Nevertheless, the market performance has been unaffected ...
Clariant Pakistan’s profit after tax up by Rs571.079mn  RECORDER REPORT KARACHI: The profit after tax of Clariant Pakistan Limited has increased to Rs 571.079 million in the half year period ended June 30, 2012 as compared to Rs 419.987 million earned in the corresponding period in 2011. The board of directors of the company in its meeting held here on Tuesday declared that the company’s earning per share has increased to Rs 16.74 in the period under review against Rs 12.31 in the same period ...


Index Closing Chg%
Arrow DJIA 17,826.30 1.54
Arrow Nasdaq 4,931.82 1.52
Arrow S&P 2,081.18 1.13
Arrow FTSE 6,994.60 0.93
Arrow DAX 11,688.70 2.58
Arrow CAC-40 5,143.26 1.55
Arrow Nikkei 19,652.88 1.17
Arrow H.Seng 27,653.12 0.31
Arrow Sensex 28,442.10 0.78

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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyApril 16, 2015
Reserves $16.818 bln