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US Consulate's Economic Officer visits Lahore Stock Exchange LAHORE: The US Consulate Lahore's Economic Officer Ms. Doreen Bailey visited Lahore Stock Exchange to take an insight of Capital Market of Pakistan. The LSE Managing Director and CEO Aftab Ahmad Chaudhry along with his staff shared the structure and performance of the capital market of Pakistan. He appraised her about Pakistan's capital market by sharing the current market capitalization that was reported to be $44 billion contributing to 17 percent of the GDP. Aftab Ahmad Chaudhry observed that a free trade between Pakistan and India that could yield mutual benefits and accelerate towards the economic development on both ends as Pakistan's currency rate was half of the Indian Currency along with other attractive features such as relatively low cost of production and labour available in Pakistan that produced competitive products prices in the international market. While, Pakistan could also benefit from Indian industry particularly the automobile that was far ...

Lahore Stock Exchange up by 3.43 points LAHORE: Lahore Stock Exchange on Monday witnessed bullish trend by gaining 3.43 points as the LSE-25 Index opened with 4046.27 and closed at 4049.70 points. The market's overall situation also corresponded to an upward trend as it remained at 1.693 million shares to close against previous turnover of 1.144 million shares, showing an upward move of 549,100 shares. While, out of the total 107 active scrips, 34 moved up, 57 remained equal with 16 ...
LSE leads MCB Bank's corporate briefing LAHORE: Lahore Stock Exchange under its Corporate Communications Department on Monday led the corporate briefing programme for Muslim Commercial Bank (MCB). This programme encourages companies to come forward and share their financial and non-financial projects before the members, TREC Holders, investors and the media to bridge communicational gap between the listed companies and the market participants. The representatives of MCB Bank Limited (MCB), Head of Corporate Communications and Marketing Mubashar Bashir, Company Secretary ...
12.915m cotton bales reach ginneries across Pakistan MULTAN: Seed cotton (Phutti) equivalent to over 12.915 million bales of cotton or 12,915,585 bales have reached ginneries across Pakistan as of May 1 showing a shortfall by 12.81 per cent compared to corresponding period last year. According to fortnightly report of Pakistan Cotton Ginners Association (PCGA) issued here Friday, out of the total arrivals, 12.912 million bales of cotton have been converted into bales so far. Ginneries in Punjab recorded arrival of 9.508 million ...
Unhygienic meat shops goes unchecked in twin cities ISLAMABAD: Unhygienic meat Shops in twin cities of Islamabad Rawalpindi are playing havoc with the public's health, which is causing different diseases among the citizens while the authorities concerned are silent over the issue.Meat shops in almost all the markets of twin cities, which have been identified as a major source of environmental pollution in the surrounding localities due to insufficient cleaning arrangements.Ashraf Ali a customer said that the garbage dump near the shops in ...

 



 
Index Closing Chg%
Arrow DJIA 15,387.58 0.34
Arrow Nasdaq 3,502.12 0.16
Arrow S&P 1,669.16 0.17
Arrow FTSE 6,803.87 0.71
Arrow DAX 8,472.20 0.19
Arrow CAC-40 4,036.18 0.33
Arrow Nikkei 15,381.02 0.13
Arrow H.Seng 23,366.37 0.54
Arrow Sensex 20,111.61 0.56






Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln