09292016Thu
Last update: Thu, 29 Sep 2016 03am

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RECORDER REPORT: PSX mid day update KARACHI: On Tuesday, until mid day, KSE-100 Index was at 40330.93 with a positive change of 110.17 and volume of 94,568,030 shares.High and Low were 40406.91 and 40156.84 respectively. Total volume traded in the market was 306,423,750 shares with 353 total traded companies out of which 179 were up, 151 were down and 23 were unchanged.COMMERCIAL BANKS was the top traded sector with total traded volume of 66,054,800 shares. It was followed by TECHNOLOGY & COMMUNICATION with a total traded volume of 45,203,000 shares.The three top traded companies were B.O.Punjab with a volume of 41,615,500 and price per share of 13.12 (0.71), Dewan Salman with a volume 12,005,500 of price per share of 7.14 (0.11), Hira Textile with a volume 9,609,000 of price per share of 12.50 (0.69).The top three advancers were Sanofi-Aventis with price per share 1094.15 (52.10), Khyber Tobacco with price per share of 828.00 (38.00) and Colgate ...

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Asia growth holds stable thanks to China and India: ADB HONG KONG: The Asian Development Bank said Tuesday that growth across the region was holding stable despite global headwinds, with resilience in China and India keeping it on track. GDP for developing Asia is predicted to grow 5.7 percent in 2016 and 2017, according to the bank's latest report -- down slightly from 5.9 percent in 2015. "Strong growth in the PRC (China) and India is helping the region maintain its growth momentum," said ADB's ...

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Global stocks falter as US presidential debate looms NEW YORK: Deutsche Bank's woes and the looming first debate between battling US presidential candidates Donald Trump and Hillary Clinton helped send global markets broadly lower Monday.Banking shares in the US and Europe fell sharply following reports that Berlin has refused state aid to fortify Deutsche Bank as it faces a multibillion-dollar fine in the United States over its sale of mortgage-backed securities before the 2008 financial crisis.Shares in Germany's biggest lender sank to a ...

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At UN, Pakistan hits back, calls India a sponsor and practitioner of state terrorism UNITED NATIONS: A top Pakistani diplomat Monday hit back after India leveled a series of allegations against Pakistan, including that Islamabad promotes terrorism, saying it was actually New Delhi that sponsors and perpetrates that menace and aggression against neighbouring countries. "Over the course of the last half century, India has sponsored and perpetrated terrorism and aggression against all its neighbours; creating terrorist groups; destabilizing and blockading neighbors to do its strategic bidding and sponsoring subversion, ...

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Indian attempts to isolate Pakistan failed: Sartaj ISLAMABAD: Advisor to Prime Minister on Foreign Affairs Sartaj Aziz Tuesday said Indian government's efforts to isolate Pakistan diplomatically received a severe set back.He said about 56 countries of the Organization of the Islamic Cooperation (OIC), Human Rights Council of the United Nations and other world bodies have supported Pakistan's stance on Kashmir by outrightly rejecting India's baseless allegations.Winding up discussion on motion regarding Pakistan-India ties in the Senate, he said Pakistan had strongly rejected ...