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Decisions of Baba Bhit open katchery being implemented KARACHI: Commissioner Karachi Shaoib Ahmed Siddiqui on Friday reviewed the implementation of decisions, made during an open katchery with the residents of Baba Bhit Island, in a meeting. According to a statement the meeting was informed that decisions of Baba Bhit Island katchery are being implemented. The meeting was attened by the representatives of Additional Commissioner-I Javed Sabghatullah Mahar, Administrator Municipal Corporation (South), Water and Sewerage Board, SSP South, Education, K-Electric, Water Board and others. The meeting was told that two teachers have been appointed in a government school of the island and sanitation workers have also been appointed. Water and Sewerage Board informed that following the decision the residents were being supplied potable drinking water two hours on daily basis. For the cleanliness of drains tenders have been issued and hopefully the cleanliness would get started from the end of the current month. K-Electric representatives informed that relief in ...

RECORDER REPORT-KSE close of day KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Friday having 33234.73 points with a positive change of 498.29 and volume of 302,675,560 shares.High and Low were 33326.63 and 32707.32 respectively. Total volume traded in the market was 400,170,360 shares with 367 total traded companies out of which 228 were up 111 were down and 28were unchanged.POWER GENERATION & DISTRIBUTION were the top traded sector with total traded volume of 110,404,000 shares. It was ...

Pakistan bought Ukrainian rapeseed, Argentine soymeal HAMBURG: Pakistani importers have in the past two weeks purchased about 40,000 tonnes of rapeseed from Ukraine and 40,000 tonnes of soymeal from Argentina, European traders said on Friday.The rapeseed was bought for August shipment at an undisclosed price. The soymeal was for June shipment and was purchased at around $401 a tonne c&f, they said."There are also inquiries from Pakistani buyers for imports of soybean seeds from Brazil or the US Gulf for October ...

Govt keen to resolve all issues of investors: Dar ISLAMABAD: Minister for Finance, Senator Mohammad Ishaq Dar has said that government was keen to resolve all issues of the investors so that they could support government's efforts to achieve higher growth and generate employment opportunities in the country.According to a statement issued by the Ministry of Finance here on Friday, the minister briefed US investors and businessmen regarding economic situation of Pakistan, under the auspices of US-Pakistan Business Council (USPBC), in Washington-DC.Attracting the investment ...

Hong Kong shares end 0.31pc lower, HSI eased 86.59 points HONG KONG: Hong Kong stocks slipped 0.31 percent on Friday as investors took profits after a recent rally, but Shanghai advanced again on hopes for measures to boost China's economy.The benchmark Hang Seng Index (HSI) eased 86.59 points to 27,653.12. Turnover was HK$214.52 billion ($27.68 billion).The southern Chinese city followed most other regional indexes lower on profit-taking and after losses on Wall Street, where investors were disappointed by another batch of weak US indicators.The Dow ...

Pak, China strategic partnership to go beyond usual limits ISLAMABAD: Pakistan and China are enjoying strategic partnership that would continue to grow with time, especially in the wake of huge investment in various sectors expected to pour in after the visit of Chinese president next week.China and Pakistan's strategic partnership has transcended the changes of time and domestic politics and served as an example of very strong state-to-state relations.China is making sincere efforts for improvement of infrastructure in Pakistan through investing in different areas ...


Index Closing Chg%
Arrow DJIA 17,826.30 1.54
Arrow Nasdaq 4,931.82 1.52
Arrow S&P 2,081.18 1.13
Arrow FTSE 6,994.60 0.93
Arrow DAX 11,688.70 2.58
Arrow CAC-40 5,143.26 1.55
Arrow Nikkei 19,652.88 1.17
Arrow H.Seng 27,653.12 0.31
Arrow Sensex 28,442.10 0.78

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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyApril 16, 2015
Reserves $16.818 bln