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The Karachi share market Thursday staged recovery and closed higher in thin trading. The benchmark KSE-100 index gained 91 points to close at 30,204 points compared to 30,113 points Wednesday. Samar Iqbal, Assistant Vice President Equity Sales Topline Securities, said the index recovered the last trading session's fall after cherry-picking in select stocks coupled with better than expected September results. PSO and Mari remained in limelight due to investors' expectations of favourable outcome from the ECC meeting, she added.

Mixed sentiments prevailed on the Lahore Stock Exchange on Thursday where equities moved both ways and finally settled in positive zone amid improved trading turnover. The LSE-25 index was marginally declined by 5.19 points to close at 5229.18 against 5234.37 of Wednesday while transaction volume was increased to 1.966 million shares compared with day earlier volume of 1.312 million shares.
Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Thursday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 23.16 points as the ISE Ten Index moved from 4,113.79 to 4,090.63 points.
On Thursday, BRIndex30 opened at 16,123.83 points. It touched an intraday high of 16,150.44 points and an intraday low of 16,095.38 points and closed at 16,132.71, which was 8.88 points or 0.06 percent higher than previous close. Total volume was 51,784,100, which was 34.13 percent of KSE All share volume and 63.78 percent of KSE 100 volume. The KSE All Share volume was 151,727,100 and KSE 100 volume was 81,187,130.
Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (October 30, 2014).

The Economic Co-ordination Committee (ECC) of the Cabinet has decided to impose a 5 percent GST on LNG import and exempt it from Gas Infrastructure Development Cess (GIDC). The ECC meeting chaired by Finance Minister Ishaq Dar on Wednesday considered the proposal of Ministry of Petroleum and Natural Resources on exempting LNG import from GIDC and GST. The ECC accorded exemption from GIDC as it was not applicable on imports as recommended by the committee under the convenor ship of secretary Finance with secretary P&NR and chairman FBR as members.
The Economic Co-ordination Committee (ECC) of the Cabinet is expected to approve five-year Textile Policy (2014-19) today (Thursday) envisaging textile exports at $26 billion, besides creating three million jobs, official sources revealed. According to sources, the Textile Policy was on the agenda of the ECC meeting on Wednesday, however due to shortage of time the item would be discussed during the Thursday's meeting.

 



 
Index Closing Chg%
Arrow DJIA 16,974.31 0.18
Arrow Nasdaq 4,549.23 0.33
Arrow S&P 1,982.30 0.14
Arrow FTSE 6,453.87 0.81
Arrow DAX 9,082.81 0.16
Arrow CAC-40 4,110.64 0.05
Arrow Nikkei 15,553.91 1.46
Arrow H.Seng 23,819.87 1.27
Arrow Sensex 27,098.17 0.81





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln