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RECORDER REPORT: KSE mid day update KARACHI: On Monday, until mid day, KSE-100 Index was at 29276.90 with a positive change of 27.45 and volume of 117,121,160 shares.High and Low were 29376.37 and 29193.69 respectively. Total volume traded in the market was 172,372,090 shares with 305 total traded companies out of which 162 were up, 131 were down and 12 were unchanged.Commercial Banks was the top traded sector with total traded volume of 38,432,900 shares. It was followed by Construction and Materials (Cement) with a total traded volume of 35,519,500 shares.The three top traded companies were Lafarge Pak. with a volume of 28,282,500 and price per share of 14.15 (0.46), Jah.Sidd. Co. with a volume 25,129,000 of price per share of 13.13 (0.76), JS Bank Ltd with a volume 21,666,000 of price per share of 5.83 (1.00).The top three advancers were Rafhan Maize XD with price per share 9800.00 (330.00), Bata (Pak) SPOT. with price per ...

German Finance Minister sees no sign of deflation spiral in Europe BERLIN: German Finance Minister Wolfgang Schaeuble said on Monday he sees no signs at all of a deflation spiral in Europe and ECB President Mario Draghi had made a convincing case at the recent IMF meeting that Europe's low inflation held no deflation risk. In an interview with Germany's Deutschlandfunk radio he added, "of course the exchange rate is strong and if it were to continue to rise then it could negatively impact economic development ...

Mini-sub deployed to scour ocean depths in MH370 hunt PERTH: Australia was Friday deploying a mini-sub to scour the Indian Ocean seabed for missing Malaysian jet MH370 at the daunting depth of 4,500 metres (15,000 feet), abandoning the search for black-box transmissions six days after the last ping was heard.Angus Houston, the former air marshal who heads the Joint Agency Coordination Centre, revealed also that an oil slick had been sighted in the area of the search led by the Australian navy vessel Ocean ...

Hong Kong stocks flat at lunch HONG KONG: Hong Kong stocks ended the morning session flat on Monday as fears over heavy losses on Wall Street were offset by bargain hunting.The benchmark Hang Seng Index edged up 11.82 points at 23,015.46 on turnover of HK$33.19 billion ($4.28 billion). Copyright AFP (Agence France-Presse), 2014

Nikkei slips to new 6-month low on Wall St slide, Ukraine jitters TOKYO: Tokyo stocks slipped to a fresh six-month low on Monday as market sentiment stayed fragile after a rocky session on Wall Street and on escalating tensions in Ukraine.Bargain hunting in large caps like Toyota Motor Corp offered some support and helped the benchmark Nikkei trim earlier losses.The Nikkei average was down 0.1 percent at 13,944.43 at the midday break after falling as low as 13,885.22, its lowest level since Oct. 9. It is down ...

Australia will soon deploy autonomous underwater vehicle in search for Malaysia plane SYDNEY: The head of the Australian agency supervising the search for a missing Malaysia Airlines plane said on Monday that an autonomous underwater vehicle would soon be deployed, moving the search underwater after nearly six weeks of fruitless searching. Copyright Reuters, 2014


Index Closing Chg%
Arrow DJIA 16,262.56 0.55
Arrow Nasdaq 4,034.16 0.29
Arrow S&P 1,842.98 0.68
Arrow FTSE 6,541.61 0.64
Arrow DAX 9,173.71 1.77
Arrow CAC-40 4,345.35 0.83
Arrow Nikkei 13,996.81 0.62
Arrow H.Seng 22,671.26 1.60
Arrow Sensex 22,484.93 0.64

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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