05272016Fri
Last update: Fri, 27 May 2016 05pm

Top News

Top News - Pakistan Top News

RECORDER REPORT-PSX close of day KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Friday having 36683.03 points with a positive change of 142.06 and volume of 101,746,440 shares.High and Low were 36776.52 and 36531.41 respectively. Total volume traded in the market was 199,985,840 shares with 362 total traded companies out of which 186 were up 156 were down and 20 were unchanged. POWER GENERATION & DISTRIBUTION was the top traded sector with total traded volume of 28,295,500 shares. It was followed by TECHNOLOGY & COMMUNICATION with a total traded volume of 18,161,500 shares.The three top traded companies were TRG Pak Ltd with a volume of 12,684,000 and price per share of 37.70 (0.79), TPL Trakker Ltd. with a volume 11,861,000 of price per share of 14.91 (0.94), Sui North Gas with a volume 9,009,500 of price per share of 37.42 (0.55).The top three advancers were Pak Services with price per share 551.25 (26.25), ...

Top News - Front Top News

Chabahar not rival to Gwadar port: Iranian envoy ISLAMABAD: Iranian ambassador Mehdi Honardoost Friday said that Iran's Chabahar harbour was not a rival to Pakistan's Gwadar port and stressed that both connectivity projects were in the interest of entire region.At a talk with academicians hosted by Institute of Strategic Studies Islamabad (ISSI), the Iranian ambassador dismissed the impression that the Chabahar pact recently signed by Iran, India and Afghanistan was against any other country and said the mega project would ensure peace and ...

Top News - Pakistan Top News

Gold import increases 21.34pc in 10 months ISLAMABAD: The import of gold into the country increased by 21.34 per cent during first 10 months of current fiscal year (2015-16) as compared to the same period of previous financial year.The 582 kilogram of yellow metal worth of US $21.634 million was imported during July-April (2015-16) as compared to the import of 443 kg gold worth of $17.829 million during last year's 10 months.On the other hand, overall metal group imports also increased by ...

Top News - Pakistan Top News

Afghanistan peace process essential to over come terrorism ISLAMABAD: Minister for Defence Khawaja Muhammad Asif Thursday said that Pakistan has got a clear-cut policy regarding Afghanistan's peace process as it was essential to over come terrorism for whole the region.He said the United States of America (USA) had killed Mullah Mansour in a drone attack by violating our sovereignty but he did not take any action against Mullah Fazalullah, who was present in Afghanistan and involved in terrorist activities in Pakistan.Talking to a ...

Top News - Front Top News

Gold slips to lowest in 8 weeks, hit by US rate hike outlook BENGALURU: Gold slipped to its lowest in eight weeks on Friday, and was on track for its biggest weekly decline in nine, as expectations of a US interest rate hike in two months on positive economic data hurt investor appetite.The safe-haven asset was also weighed down by Asian stocks that drifted upwards on Friday and as the dollar index, which measures the greenback against a basket of six major currencies, held steady.Spot gold was up ...