08292016Mon
Last update: Mon, 29 Aug 2016 03am

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RECORDER REPORT: PSX mid day update KARACHI: On Thursday, until mid day, KSE-100 Index was at 39765.62 with a positive change of 259.04 and volume of 63,378,600 shares.High and Low were 39825.23 and 39506.58 respectively. Total volume traded in the market was 161,418,820shares with 285 total traded companies out of which 339 were up, 69 were down and 11 were unchanged.CEMENT was the top traded sector with total traded volume of 26,131,750 shares. It was followed by OIL & GAS MARKETING COMPANIES with a total traded volume of 21,941,700 shares.The three top traded companies were Dewan Cement with a volume of 14,641,000 and price per share of 18.63 (0.72), Sui North Gas. with a volume 13,273,000 of price per share of 45.57 (2.17), Dewan Motors with a volume 10,390,000 of price per share of 23.42 (1.11).The top three advancers were Murree Brewery with price per share 998.40 (47.54), Pak Services with price per share of 829.50 ...

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North Korea leader says missile test 'greatest success' SEOUL: North Korean leader Kim Jong-Un declared a submarine-launched missile test the "greatest success", state media said Thursday, as the UN weighed a condemnation of the launch which appears to advance Pyongyang's nuclear strike capability.The US mainland and the Pacific are now "within the striking range" of the North's army, the official KCNA news agency reported Kim as saying after Wednesday's launch.The missile was fired from a submarine submerged off the northeastern port of Sinpo ...

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Bearing value date of June 30, 2016: SBP asks banks to accept ST refund cheques RIZWAN BHATTIKARACHI: The State Bank of Pakistan (SBP) has asked banks to accept sales tax refund cheques bearing value date of June 30, 2016. In order to promote exports, the finance minister in his budget speech had announced that all pending sales tax refunds till April 30, 2016, RPOs of which have been approved, will be paid by August 31, 2016. In compliance with the announcement, the Federal Board of Revenue (FBR) is issuing sales ...

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Earth-like planet found in nearest solar system: study PARIS: Scientists Wednesday announced the discovery of an Earth-sized planet orbiting the star nearest our Sun, opening up the glittering prospect of a habitable world that may one day be explored by robots.Named Proxima b, the planet is in a "temperate" zone compatible with the presence of liquid water -- a key ingredient for life. The findings, based on data collected over 16 years, were reported in the peer-reviewed journal Nature. Copyright AFP (Agence France-Presse), ...

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Wall Street stocks retreat, oil tumbles on oversupply concerns NEW YORK: Wall Street stocks retreated on Wednesday led by health care and materials stocks, while oil prices tumbled about 3.0 percent on worries about oversupply.Healthcare shares shares, fell 1.6 percent, their biggest drop since June 24. Mylan slumped 5.4-percent to $43.15 after US presidential candidate Hillary Clinton joined a Senate committee in asking why the cost of its allergy treatment EpiPen had soared. Shares in the materials sector closed 1.2 percent lower with miners ...