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Tomato price in Sindh dips causing huge losses to growers TALHAR: A sharp decline has been registered in the price of tomato in local market, as it is being sold at the rate of Rs.10/- per kg against its recent price of Rs.100/- per kg that has caused huge losses to the growers. The unexpected decrease in tomato rates has surprised the growers as the tomato crop was badly damaged by recent severe cold weather in Badin district. The market survey revealed that in all the five Tehsils of district- Badin, Talhar, Matli, Golarchi and Tando Bago, the 20kg box of tomato is being sold for Rs.150/- to Rs.200/-. According to the growers, the largest market of tomato produced in Badin district is the Hyderabad but the prices there too have declined and in case the tomatoes are sent to Hyderabad the price offered there would not cover even the transportation charges which are around Rs.80/- to Rs.100/- per sack. Some growers were of ...

Gold jumps to Rs 51,942 per 10 grams KARACHI: Gold jumped by Rs 342 to close at Rs 51,942 per 10 grams in the local market Wednesday as its international price surged to $ 1,782 an ounce, market sources said. According to Karachi Saraf Association official, tola (11.664 grams) price also increased by Rs 400 at Rs 60,600. Silver closed higher at Rs 1,015.71 per 10 grams. Copyright APP (Associated Press of Pakistan), 2012 ...
LSE gains 30.13 points LAHORE: The Lahore Stock Exchange on Wednesday gained 30.13 point with the LSE-25 Index opened with 3385.20 and closed at 3415.33 points. The market's overall situation, however, did not correspond to an upward trend as it remained at 5.264 million shares to close against previous turnover of 5.525 million shares, showing a downward slide of 260,954 shares. While, out of the total 106 active scrips 25 moved up, 57 remained equal and 24 shed values. Pakistan Petroleum ...
SSGC reports lower profits KARACHI: Sui Southern Gas Company (SSGC) has posted a lower profit after tax of Rs 1.539 billion during the half year ending December 31, 2011. According to the financial results sent to KSE here Wednesday, the pre-tax profit dropped to Rs 2.393 billion compared to Rs 3.252 billion same period last year. The earning per share also slipped to Rs 1.75 against Rs 2.40 in 2010. Copyright APP (Associated Press of Pakistan), 2012 ...
Silk bank reports profit KARACHI: Silk bank Ltd has posted a profit after tax of Rs.695.063 million for the year ending December 31, 2011 as against a loss of Rs 1.131 billion in the same period last year. According to an announcement here Wednesday, the pre-tax profit of the bank stood at Rs 1.358 billion compared to a loss of Rs 1.235 billion in 2010. The earning per share improved to Rs 0.26 against a loss per share of Rs 0.49 ...


Index Closing Chg%
Arrow DJIA 16,563.30 1.88
Arrow Nasdaq 4,369.77 2.09
Arrow S&P 1,930.67 2.00
Arrow FTSE 6,730.11 0.64
Arrow DAX 9,407.48 1.94
Arrow CAC-40 4,246.14 1.53
Arrow Nikkei 15,620.77 0.16
Arrow H.Seng 24,756.85 0.10
Arrow Sensex 25,894.97 0.74

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln