04302016Sat
Last update: Sat, 30 Apr 2016 04am

Markets

Pakistan - Markets

Bullion prices on Thursday KARACHI: Following were the bullion prices in Karachi and Multan, on Thursday. KARACHI: (per 10 gram) Gold Tezabi 24 CT Rs. 42428 Silver Tezabi Rs. 565.71 MULTAN: (per 10 gram)Gold Tezabi-24 CT Rs. 41750.00Gold 22 CT Rs. 38170.00Silver Tezabi Rs. 560.00Silver Thobi Rs. 518.00Note: Bullion rates from Lahore and Hyderabad were not received today. Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Markets

Wheat procurement begins in Sindh KARACHI: The procurement of wheat from farmers at the rate of Rs. 1,300 per Mound has been started in Sindh province from Wednesday (March 30). Director Food Sindh Muhammad Bachal told APP here on Wednesday that wheat procurement target has been set at 11,00,000 metric tonne this year, which is 200,000 metric tonnes more than that of the previous year. He said that the provincial government is making all possible efforts to provide maximum relief ...

Pakistan - Markets

Wheat farmers alleged financial losses due to delay in getting gunny bags HYDERABAD: The wheat farmers are complaining of suffering financial loss as the official wheat procurement centres and gunny bags distributions has allegedly been deliberately delayed. The farmers' representatives claim that while the wheat harvest in southern Sindh had completed by around half of the cultivate crop, the gunny bags are yet to reach in the farmers hands. "In Mirpurkhas region's districts over 50 percent of the standing wheat crop has been harvested but the government ...

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 ...

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 ...