04292016Fri
Last update: Fri, 29 Apr 2016 07pm

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RECORDER REPORT-PSX close of day KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Friday having 34699.96 points with a positive change of 196.32 and volume of 180,503,950 shares.High and Low were 34882.47 and 34457.94 respectively. Total volume traded in the market was 254,722,030 shares with 344 total traded companies out of which 136 were up 193 were down and 15 were unchanged. COMMERCIAL BANKS was the top traded sector with total traded volume of 58,491,100 shares. It was followed by FERTILIZER with a total traded volume of 32,626,000 shares.The three top traded companies were B.O.Punjab with a volume of 20,415,000 and price per share of 9.25 (0.32), Sui North Gas with a volume 15,550,000 of price per share of 33.30 (0.29), Fauji Fert Bin with a volume 10,381,000 of price per share of 54.00 (2.32).The top three advancers were Philip Morris Pak. with price per share 1745.47 (70.57), Pak TobaccoXD with price per ...

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Media should highlight positive aspect of insurance Sector: Deputy Governor SBP ISLAMABAD: Deputy Governor of the State Bank of Pakistan, Saeed Ahmad has said that media had the responsibility to make the people aware of insurance industry."Seminars and training workshops are necessary to enhance the capacity of any professional, including media to use these skills for the progress and stability of thecountry," he said while addressing the "Journalist Capacity Building Workshop on Insurance," conducted by Securities and Exchange Commission of Pakistan (SECP) here."We need proper assessment ...

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China sees relations with Pakistan ever stronger: Wang Yi ISLAMABAD: Chinese foreign minister Wang Yi has said that China-Pak relations are very strong like ever.Talking to Voice of America (VOA), he said that both the countries are closely cooperating with each other on China Pak Economic Corridor.He said China is hopeful for more strengthening of bilateral relations on the occasion of 65th anniversary of diplomatic relations.He said that the South China sea issue should be resolved through direct talks of concerned parties.He also appreciated ...

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Increasing productivity is key to revive economic growth in Asia-Pacific, says UN ISLAMABAD: As nations begin implementing the 2030 Agenda for Sustainable Development, the next phase of Asia-Pacific economic growth should be driven by broad-based productivity gains, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) said in its flagship publication Economic and Social Survey for Asia and the Pacific 2016 launched on Friday.The survey emphasizing that it will require higher, targeted fiscal spending, enhanced skills, better infrastructure and improved agricultural productivity, said ...

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Chinese investment in Pakistan increases 150pc ISLAMABAD: The Foreign Direct Investment (FDI) from China in Pakistan in first three quarters of the year 2015-16 recorded US$ 516 million, about 150 percent higher as compared to same period of last year.This was informed by Secretary Board of Investment (BoI) Azhar Ali Chaudhry while addressing China-Pakistan Economic Corridor (CPEC) Investment Construction Cooperation Forum in Beijing, a message received from China said here on Friday.He said that Pakistan followed a liberal investment regime and ...