05262016Thu
Last update: Thu, 26 May 2016 01pm

Markets

Pakistan - Markets

Wheat farmers told to beware of Rust disease MULTAN: Agriculture experts have advised farmers to closely monitor wheat crop at delicate growth stage of grain formation and warned them to beware of Aphid attack and Rust disease that had caused reduction in wheat production last year in Punjab.Wheat is a main food crop that meets 75 per cent of our domestic food requirements and experts believe farmers should be vigilant in crop care to ensure that the country should meet target of 19.5 million ton wheat, says a release issued by the media liaison unit of Punjab agriculture department on Friday.According to a recent report of pest warning and quality control of pesticides, Aphid attack was witnessed on wheat crop in some area while the Leaf Rust disease traditionally called 'Kungi' was also observed in some other areas last year in Punjab.Rust diseases, in case of finding suitable weather conditions, can also shift to other wheat varieties having ...

Pakistan - Markets

PSO announces upswing in profitability KARACHI: The Pakistan State Oil (PSO) here on Tuesday announced upswing in profitability for the first half of financial year 2015-16 (1HFY16), and it also announced an interim cash dividend of Rupees five per share. It said that the Board of Management of Pakistan State Oil Company Limited (PSOCL) convened at the PSO head office here to review the performance of the company for the first half of financial year 2015-16. During the period under ...

Pakistan - Markets

LPG distributors seek cut in cost in local market KARACHI: All Pakistan Liquid Petroleum Gas (LPG) Distributors Association has sought immediate cut in the price of LPG available in the local market. President of the Association, Abdul Hadi Khan, in a statement Wednesday said steady price reduction of LPG in the international market demanded its synchronization in the local market. "Due attention paid towards the cause can help to turn LPG cost effective for consumers in the country," he said. Abdul Hadi Khan said ...

Pakistan - Markets

RECORDER REPORT: PSX close of day KARACHI: Karachi Stock Exchange (KSE) 100 index closed on Wednesday having 32144.59 points with a negative change of 299.61 and volume of 109,885,720 shares.High and Low were 32464.54 and 32104.55 respectively. Total volume traded in the market was 168,801,020 shares with 321 total traded companies out of which 105 were up 198 were down and 18 were unchanged. TECHNOLOGY & COMMUNICATION was the top traded sector with total traded volume of 28,588,000 shares. It was ...

Pakistan - Markets

SPI-based weekly inflation decreases by 0.34pc ISLAMABAD: The weekly inflation for the week ended on January 7 for the combined income group decreased by 0.34 percent as compared to the previous week.The Sensitive Price Indicator (SPI) for the week under review in the above mentioned group was recorded at 218.12 points against 218.86 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).However, as compared to the corresponding week of last year, the SPI for the ...

Pakistan - Markets

ISE witnessed bearish trend ISLAMABAD: Islamabad Stock Exchange (ISE) here on Wednesday witnessed bearish trend as the ISE-10 index was down by 76.06 points and closed at 2641.58 points.A total of 900 shares were traded, which were down by 600 shares when it compared with previous day's trading of 1,500 shares.Out of 150 companies, share prices of 39 companies recorded increase while share prices of 111 companies registered decrease where as no company remained stable in trading.The share price ...

Pakistan - Markets

ISE witnessed bearish trend ISLAMABAD: Islamabad Stock Exchange (ISE) here on Wednesday witnessed bearish trend as the ISE-10 index was down by 13.07 points and closed at 2717.64 points.A total of 1,500 shares were traded, which were down by 13,500 shares when it compared with previous day's trading of 15,000 shares.Out of 138 companies, share prices of 60 companies recorded increase while share prices of 78 companies registered decrease where as no company remained stable in trading.The share price ...