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Poultry prices to come down by month end: PPA Chairman ISLAMABAD: Chairman of Pakistan Poultry Association (PPA) Dr Hassan Sarosh on Tuesday said the recent hike in prices of poultry products was temporary, which would come down by the end of month. The prices increased due to rise in demand with no increase in poultry supply. Now the supply of live chicken in the market has increased, reducing its retail price to Rs 165 per kilogram, he added.Dr Hassan told APP that the poultry farmers incurred losses due to over-production during last one and a half year. As a result, most of the poultry farms were shut down, causing shortage of the product. Due to less supply in the market, the prices went up, he added.He said now the closed farms had been reopened and started breeding chickens. Resultantly, the production would increase, which bridge the demand-supply gap bringing the price to normal range, he hoped.Replying to a question about ...

78 shopkeepers fined, four sent to jail for profiteering KARACHI: The divisional and district administration has fined 78 shopkeepers and collected Rs 1,91,500 for overcharging and violating officially approved price list.While four milk sellers were arrested for profiteering, said a statement issued here on Tuesday.The actions against profiteers were taken in Saddar, Civil Line, Gulzar Hijri, SITE, North Nazimabad, Bin Qasim and Gulberg areas.During the crackdown, the administration has fined a flour seller, 60 milk sellers, two vegetable sellers, a fruit seller, four food ...
LSE looses 66.08 points LAHORE: Lahore Stock Exchange here Monday witnessed bearsh trend by losing 66.08 points, as the LSE Index-25 opened with 5512.47 points and closed at 5446.39 points. The market's overall situation also did not correspond to an upward trend as it remained at 1.792 million shares to close against previous turnover of 3.200 million shares, showing a downward slide of 1.407 million shares. While, out of the total 95 active scrips 14 moved up, 38 shed ...
RECORDER REPORT: KSE close of day KARACHI: Karachi Stock Exchange (KSE) 100 index closed lower on Friday having 29069.93 shares with a negative change of 280.41 and volume of 186,891,880 shares.High and Low were 29578.33 and 29018.27 respectively. Total volume traded in the market was 269,540,090 shares with 389 total traded companies out of which 197 were up, 172 were down and 20 were unchanged.Commercial Banks was the top traded sector with total traded volume of 61,253,700 shares. It was followed ...
111 shopkeepers fined; seven arrested KARACHI: As many as 111 shopkeepers were challaned and a fine of Rs 2,17,000 were imposed for overcharging in violation to the price list of essential commodities while seven were arrested.Commissioner Karachi Shoaib Ahmed Siddiqi has said that an operations against profiteering is underway in the city by the Karachi Divisional and districts administrations, said a statement on Friday.The actions against profiteers were taken in different areas including Gulberg, Liaquatabad, Nazimabad, Korangi, Shah Faisal, Gulshan-e-iqbal, ...


Index Closing Chg%
Arrow DJIA 16,501.65 0.08
Arrow Nasdaq 4,126.97 0.83
Arrow S&P 1,875.39 0.22
Arrow FTSE 6,674.74 0.11
Arrow DAX 9,544.19 0.58
Arrow CAC-40 4,451.08 0.74
Arrow Nikkei 14,546.27 1.09
Arrow H.Seng 22,509.64 0.97
Arrow Sensex 22,876.54 0.52

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln