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Two shopkeepers arrested, 94 fined of Rs1,27,800 for fleecing consumers KARACHI: Two retailers dealing in essential food items business have been arrested and another 94 were fined of Rs. 1,27,800 for overcharging or fleecing consumers under one or the other pretext, said Commissioner of Karachi, Shoaib Ahmad Siddiqui here on Wednesday.Sharing details of the crackdown conducted against profiteers, adulterators and black marketeers in the city on regular basis he said the momentum against these unassuming criminals have to be maintained and that this also needed to be supported by the consumers themselves.Siddiqui said the administration has also attempted to reactivate different associations working for protection of consumers' rights at different levels.About the latest fined violators of business rules were said to include 58 milk sellers, four grocers, 21 green grocers, six fruit sellers and five chicken sellers.The two arrested shopkeepers have sent to jail after completion of required legal procedure by he administration.Copyright APP (Associated Press of Pakistan), 2014 ...

LSE downs by 145.76 points LAHORE: Lahore Stock Exchange here Monday witnessed bearsh trend by losing 145.76 points, as the LSE Index-25 opened with 5289.57 points and closed at 5143.81 points. The market's overall situation, however, corresponded to an upward trend as it remained at 781,600 shares to close against previous turnover of 719,100 shares, showing an upward move of 62,500 shares. While, out of the total 90 active scrips only 3 moved up, 29 shed values and 58 remained ...
LPG Association lauds OGRA for taking action against black marketing ISLAMABAD: The Chairman, Liquefied Petroleum Gas (LPG) Distributors Association, Irfan Khokhar Friday lauded the Oil and Gas Regulatory Authority (OGRA) for taking action against the black marketing of LPG companies.Addressing an emergency convention organized by OGRA against the black marketing of LPG companies, he said on the request of the LPG Distributors Association, the government has taken notice of the illegal profiteering and black marketing of LPG marketing companies, said a press release issued here.He ...
ISE-10 index stays Bearish ISLAMABAD: The Islamabad Stock Exchange (ISE) on Friday witnessed bearish trend as the ISE-10 index was down by 21.51 points to close at 4420.81 points.A total of 154,500 shares were traded, which showed a growth of 148,000 shares, when compared with previous day's trading of 6,500 shares.Out of 158 companies, share prices of 67 companies recorded increase while those of 91 companies decreased and no company remained stable in today's trading.The share price of Gadoon ...
RECORDER REPORT: KSE mid day update KARACHI: On Thursday, until mid day, KSE-100 Index was at 29936.52 with a negative change of 159.28 and volume of 36,361,460 shares.High and Low were 30167.13 and 29917.29 respectively. Total volume traded in the market was 77,376,460 shares with 316 total traded companies out of which 118 were up, 183 were down and 15 were unchanged.Commercial Banks was the top traded sector with total traded volume of Commercial Banks shares. It was followed by Automobile ...


Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95

Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln