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13.38mn cotton bales reach ginneries across country MULTAN: Over 13.38 million bales of cotton have reached ginneries across Pakistan as of Apr 1, registering a 3.86 per cent increase compared to corresponding period last year.Seed cotton (Phutti) equivalent to 13,385,835 bales reached ginneries till April 1 compared to 12,888,028 bales arrival recorded during corresponding period last year, says a fortnightly report issued by Pakistan Cotton Ginners Association (PCGA) here Thursday.Report says Phutti equivalent to 13.379 million bales have undergone the ginning process.Arrivals in Punjab were recorded at 9.625 million or 9,625,703 bales, exactly 1.49 per cent above the arrivals recorded during corresponding period of last year.Arrivals in Sindh were recorded at 3.76 million or 3,760,132 bales, showing a surge by 10.47 per cent, compared to last year.Exporters have bought 382,006 bales while textile mills purchased 12.3 million or 12,307,266 bales, thus, total sold out cotton bales were calculated at 12.68 million or 12,689,272 bales, the report says.Exactly ...

Pakistan's liquid foreign reserves reach $10 billion ISLAMABAD: The total liquid foreign reserves held by the country stood at $9,864.2 million on March 28,2014.Giving the break-up of the foreign reserves position a statement of the State Bank of Pakistan said on Thursday that Foreign reserves held by the State Bank of Pakistan stood at$ 5,171.6 million while the net foreign reserves held by banks stood at $4,692.6 million on March 28,2014.During the week ending March 28.2014, SBP's Liquid FX Reserves increased by ...
LSE gains 142.09 points LAHORE: The Lahore Stock Exchange here Thursday witnessed bullish trend by gaining 142.09 points as the LSE Index-25 opened with 5211.23 points and closed at 5353.32 points. The market's overall situation also corresponded to an upward trend as it remained at 11.651 million shares to close against previous turnover of 2.940 million shares, showing an upward move of 8.711 million shares. While, out of the total 102 active scrips 47 moved up, 9 shed values ...
200 shopkeepers fined; 12 profiteers arrested KARACHI: As many as 200 shopkeepers were challaned and a fine of Rs 340,500 imposed for overcharging in violation to the price list of essential commodities while 12 profiteers were arrested.Commissioner Karachi, Shoaib Ahmed Siddiqi has said that an operation against profiteering is underway in the city by the Karachi divisional and districts administrations, said a statement on Thursday.The action against profiteers were taken in different areas including Aram Bagh, Saddar, Gulzar-e-Hijri, Jamshed Quarters, Baldia, ...
LSE gains 40.27 points LAHORE: Lahore Stock Exchange here Wednesday witnessed bullish trend by gaining 40.27 points, as the LSE Index-25 opened with 5157.90 points and closed at 5198.17 points. The market's overall situation, however, did not correspond to an upward trend as it remained at 2.940 million shares to close against previous turnover of 3.498 million shares, showing a downward slide of 558,200 shares. While, out of the total 96 active scrips 39 moved up, 12 shed values ...


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