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41 profiteers sent to jail KARACHI: As many as 255 shopkeepers were challaned and a fine of Rs 500,000 were imposed for overcharging in violation to the official price list of essential commodities while 41 profiteers were sent to jail.Commissioner Karachi, Shoaib Ahmed Siddiqi said that an operation against profiteering is underway in the city by the Karachi divisional and district administrations, said a statement on Tuesday.The action against profiteers were taken in different areas including Saddar, Civil Line, Garden, Site, Baldia, Ferozabad, Jamshed Quarters, Gulshan-e-Iqbal, Liaquatabad, Nazimabad, North Nazimabad, Orangi, Bin Qasim, Ibrahim Haidery, New Karachi, Landhi, Korangi and Model Colony.Total 40 milk sellers, eight meat merchants, six daily commodities grocers, 61 fruit vendors, 96 vegetable merchants, 43 chicken sellers and one flour seller were challaned for violating price list.The Commissioner has also assigned duties to the administrative officers at the time of auction of fruits and vegetables to check and control the artificial ...

LSE gains 35.83 points LAHORE: Lahore Stock Exchange here Monday witnessed bullish trend by gaining 35.83 points as the LSE Index-25 opened with 5562.87 points and closed at 5598.70 points. The market's overall situation also corresponded to an upward trend as it remained at 1.203 million shares to close against previous turnover of 490,200 shares, showing an upward move of 713,400 shares. While, out of the total 83 active scrips 18 moved up, 19 shed values and 46 remained ...
City administration's action against profiteers; 277 fined, 43 arrested KARACHI: The divisional and district administration Karachi has challaned 277 shopkeepers and fine of Rs.2,71,700/- were imposed while 43 shopkeepers were arrested for continuous profiteering.According to a statement issued here on Monday, during crackdown the administration fined 63 milk sellers, two food items grocers, 20 chicken sellers, 70 fruits sellers and 122 vegetables sellers.The action against profiteers were taken in the areas including Saddar, Civil Line, SITE, Garden, Baldia, Ferozabad, Jamshed Quarters, Gulshan Iqbal, Gulzar ...
RECORDER REPORT: KSE mid day update KARACHI: On Monday, until mid day, KSE-100 Index was at 29543.81 with a positive change of 200.05 and volume of 78,017,180 shares.High and Low were 29618.91 and 29330.21 respectively. Total volume traded in the market was 91,487,910 shares with 256 total traded companies out of which 256 were up, 127 were down and 19 were unchanged.Commercial Banks was the top traded sector with total traded volume of 15,887,900 shares. It was followed by Chemicals with ...
Poultry, Vegetables, Fruit witness obvious surge ahead of Ramadan ISLAMABAD: With only one day left in the start of the holy month of Ramadan, the prices of poultry and other kitchen items have witnessed a surge in the federal capital.The poultry dealers have increased the prices of these items putting extra burden on the middle and lower middle class of the capital, which are in majority.According to a survey conducted by APP, the average rate of alive chicken in open market is Rs. 175 ...


Index Closing Chg%
Arrow DJIA 17,083.80 0.02
Arrow Nasdaq 4,472.11 0.04
Arrow S&P 1,987.98 0.05
Arrow FTSE 6,821.46 0.34
Arrow DAX 9,794.06 0.42
Arrow CAC-40 4,410.65 0.78
Arrow Nikkei 15,284.42 0.29
Arrow H.Seng 24,141.50 0.71
Arrow Sensex 26,271.85 0.48

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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