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Archive - 2012-04-05
Global stocks dip on euro zone concern
Top News

Global stocks dip on euro zone concern

NEW YORK: The euro hit a three-week low against the dollar and global stock markets dipped on Thursday as Spain's debt b
Published 05 Apr, 2012 04:09pm
Suicide attack kills 4, injures 16
Top News

Suicide attack kills 4, injures 16

KARACHI: Four persons were killed when a bomb mounted motorbike hit an armoured personnel carrier (APC) of SSP Gadap Rao
Published 05 Apr, 2012 03:40pm
Forex improves to $16.506bn
Top News

Forex improves to $16.506bn

KARACHI: Pakistan's liquid foreign reserves have improved by $ 64 million to more than $ 16.506 billion on March 30, 201
Published 05 Apr, 2012 03:17pm
88 officers, soldiers awarded
Top News

88 officers, soldiers awarded

LAHORE: Commander Lahore Corps, Lieutenant General Rashad Mahmood decorated 88 officers and soldiers with military honou
Published 05 Apr, 2012 03:10pm
Gold plunges to Rs48,171
Markets

Gold plunges to Rs48,171

KARACHI: Gold plunged by Rs 257 to Rs 48,171 per 10 grams in the local market Thursday as its international price dipped
Published 05 Apr, 2012 02:59pm
PML-Q leaders call on President Zardari
Top News

PML-Q leaders call on President Zardari

LAHORE: President PML-Q Chaudhry Shujaat Hussain and Senior Minister Chaudhry Pervez Elahi on Thursday called on Preside
Published 05 Apr, 2012 02:59pm
Ecuador inflation was 0.9pc in March
Top News

Ecuador inflation was 0.9pc in March

QUITO: Consumer prices in Ecuador rose by 0.9 percent in March, faster than the 0.78 percent increase in the previous mo
Published 05 Apr, 2012 02:53pm
UN chief says Syria violence worsening
Top News

UN chief says Syria violence worsening

UNITED NATIONS: UN Secretary-General Ban Ki-moon said on Thursday that violence in Syria against civilians had not stopp
Published 05 Apr, 2012 02:52pm
Taliban kill eight Afghan police
Top News

Taliban kill eight Afghan police

HEART: Taliban gunmen killed eight local policemen in an attack on a remote post in western Afghanistan, a provincial of
Published 05 Apr, 2012 08:05am
RECORDER REPORT: KSE mid day update
Top News

RECORDER REPORT: KSE mid day update

KARACHI : On Thursday until 12:35 PM , KSE-100 Index remained negative for most of trading session and was at 13,918
Published 05 Apr, 2012 08:02am
CCPs regulatory breakthrough
BR Research

CCPs regulatory breakthrough

It takes a strong person to say sorry, and an even stronger person to forgive. In a phenomenal achievement that literally marks a historic m
Published 05 Apr, 2012 12:00am
NPLs: Evil still lurks!
BR Research

NPLs: Evil still lurks!

Realizing that the quality of assets is critical to financial health of lending institutions, an exorbitant rise in the non performing loans
Published 05 Apr, 2012 12:00am
Indian shares snap three-day rally

Indian shares snap three-day rally

Indian shares fell for the first session in four as banks and real estate developers reversed recent gains after a services index dropped while input costs rose, sparking fears of a worrisome combination of slowing growth and high inflation. The caution a
Published 05 Apr, 2012 12:00am
Orascom Telecom drags down Egypt's bourse; Gulf stocks mixed

Orascom Telecom drags down Egypt's bourse; Gulf stocks mixed

Egypt's bourse fell on Wednesday, weighed by Orascom Telecom (OT) which declined for a fifth day over concerns the sale of a stake in its Algerian unit might take longer than expected, while trading was mixed on Gulf bourses. OT shares slid 8.4 percent, a
Published 05 Apr, 2012 12:00am
Draghi dismisses ECB exit talk as premature

Draghi dismisses ECB exit talk as premature

European Central Bank President Mario Draghi dismissed a German-led push for the bank to start planning a retreat from emergency crisis-fighting, but stressed it was keeping a close eye on price pressures. After holding interest rates at a record low of 1
Published 05 Apr, 2012 12:00am
Yahoo! axes workers in latest turn-around bid

Yahoo! axes workers in latest turn-around bid

Struggling US Internet pioneer Yahoo! said Wednesday it would slash some 2,000 jobs in a purge aimed at transforming into a "smaller, nimbler, more profitable" company. Yahoo! chief executive Scott Thompson, who took the helm in January promising to turn
Published 05 Apr, 2012 12:00am
US businesses add jobs; service sector growth dips

US businesses add jobs; service sector growth dips

US businesses added more than 200,000 jobs in March, giving fresh evidence of recovery in the labour market, data showed on Wednesday. The ADP National Employment Report showed the private sector added 209,000 positions last month, slightly above economis
Published 05 Apr, 2012 12:00am
Bankers quake after UK watchdog raps top dealmaker

Bankers quake after UK watchdog raps top dealmaker

A crackdown on market abuse by Britain's financial watchdog that this week claimed a big name banker has sent a shudder through the City of London, where even top executives are worried the smallest slip-up could land them in trouble. From senior managers
Published 05 Apr, 2012 12:00am
Eurozone in recession, India slows

Eurozone in recession, India slows

Eurozone businesses floundered in March and growth among Asian firms cooled, but data on Wednesday portrayed a resilient US jobs market last month, underscoring widening fault lines in the global economy. Sagging orders kept eurozone businesses in the dol
Published 05 Apr, 2012 12:00am
Glencore unit ramps up metal stores at Dutch hot spot

Glencore unit ramps up metal stores at Dutch hot spot

A warehouse company owned by commodity trader Glencore is rapidly expanding its lucrative storage facilities at a Dutch port that has become a hub for storing aluminium, a metal increasingly used by bankers and traders as a financing tool. The move in war
Published 05 Apr, 2012 12:00am
Europe's banks face gaping capital hole under new rules

Europe's banks face gaping capital hole under new rules

Europe's top banks would have had to raise 242 billion euros ($323 billion) or more to achieve minimum capital ratios if tougher rules that are coming in for the industry had been in force last year. The European Banking Authority (EBA) said if the new ru
Published 05 Apr, 2012 12:00am
Libyan airlines banned from flying to EU

Libyan airlines banned from flying to EU

All Libyan airlines and Venezuelan carrier Conviasa were banned from flying into the 27-nation European Union on Tuesday due to safety concerns. The Venezuelan company was added to a blacklist of airlines with poor safety records while Libya decided, in c
Published 05 Apr, 2012 12:00am
Foreign holdings of South Korea bonds hit record high

Foreign holdings of South Korea bonds hit record high

Foreign investors boosted their South Korean bond holdings to a record high in March, data showed on Wednesday, as a stronger won ramped up interest in assets from the country. Foreigners upped their exposure to Korean bonds by 1.8 trillion won ($1.6 bill
Published 05 Apr, 2012 12:00am
Foreign holdings of South Korea bonds hit record high

Foreign holdings of South Korea bonds hit record high

Foreign investors boosted their South Korean bond holdings to a record high in March, data showed on Wednesday, as a stronger won ramped up interest in assets from the country. Foreigners upped their exposure to Korean bonds by 1.8 trillion won ($1.6 bill
Published 05 Apr, 2012 12:00am
WTO throws out US clove cigarette appeal against Indonesia

WTO throws out US clove cigarette appeal against Indonesia

The World Trade Organisation on Wednesday threw out Washington's appeal against Jakarta's claim that US rules banning the sale of Indonesian clove cigarettes infringed international trade rules. Washington had banned the production and sale of clove cigar
Published 05 Apr, 2012 12:00am
China's Wen urges break-up of bank monopoly as growth slows

China's Wen urges break-up of bank monopoly as growth slows

China's premier called the country's big banks a monopoly that needed to be broken to get money flowing to cash-starved private firms, as the nation's economy appears to have skidded to its slowest growth in three years. China's state banks make money "fa
Published 05 Apr, 2012 12:00am
Steady trend on cotton market amid improved demand by mills, exporters

Steady trend on cotton market amid improved demand by mills, exporters

Trading activity improved on the cotton market on Wednesday as prices showed firmness due to decrease in unsold stock of fine quality, dealers said. The official spot rate was unchanged at Rs 5400, they added. Prices of seedcotton in Sindh were inert at R
Published 05 Apr, 2012 12:00am
Pol cake market rates

Pol cake market rates

Mixed pattern were seen on the forward cottonseed oilcake market on Tuesday in process of trading, dealers said. The May vaida closed at Rs 785.00 but at the opening session it picked up 20 paisa at Rs 785.20 and the July contract closed at RS 849.30 but
Published 05 Apr, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 149,349 tonnes of cargo including 104,382 tonnes of import, 44,967 tonnes of export cargo and 2,532 loaded and empty containers (TEUs) during the last 24 hours of business activities ended at 0700 hours on Wednesday. The total imp
Published 05 Apr, 2012 12:00am
Canadian farmers bask in dry spring

Canadian farmers bask in dry spring

After two years of heartbreaking spring floods, farmers on the fertile Canadian Prairies are tuning up their tractors to roll out one of the earliest planting starts in the past decade. Last spring's floods left up to 6 million acres idle in Western Canad
Published 05 Apr, 2012 12:00am
US corn futures end up on tight stocks

US corn futures end up on tight stocks

Chicago Board of Trade corn futures closed higher on Tuesday on tight stocks of corn, but gains were slowed in new-crop months on prospects for a bumper 2012 US corn crop. Informa Economics Chief Executive Bruce Sherr said on Tuesday the company has pegge
Published 05 Apr, 2012 12:00am
FOB Gulf corn premiums steady to firm

FOB Gulf corn premiums steady to firm

US corn export premiums at the Gulf Coast were steady to higher on Tuesday, supported by solid demand for old-crop grain, traders said. Nonghyup Feed, South Korea's largest feedmaker, bought two cargoes of US corn totalling 118,000 tonnes for arrival befo
Published 05 Apr, 2012 12:00am
Canadian canola futures slip on profit taking

Canadian canola futures slip on profit taking

Canadian old-crop canola futures slipped on Tuesday due to profit-taking and pressure from weaker Chicago soyabeans, but new-crop months were higher. Tight old-crop supplies have boosted the nearby contracts, but Tuesday's premium on new-crop months may b
Published 05 Apr, 2012 12:00am
Lean business on grain market

Lean business on grain market

Lean business was witnessed on the wholesale grain market on Wednesday as most of the commodity items retained the overnight levels due to balanced demand and supply position, dealers said. On the cereals side, Moon Punjab fell sharply on steady arrivals,
Published 05 Apr, 2012 12:00am
Brazilian soya crop put at 65.2 million tonnes

Brazilian soya crop put at 65.2 million tonnes

Drought in Brazil shrunk the world's second-largest soyabean crop to an estimated 65.2 million tonnes this 2011/12 season, down nearly 2 million tonnes from the 67.1 million tonnes forecast in March, local crop analysts Agroconsult said Tuesday.
Published 05 Apr, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 05 Apr, 2012 12:00am
India's government, army deny 'coup fear' report

India's government, army deny 'coup fear' report

India's government and the army categorically denied on Wednesday a front-page report by a newspaper detailing how troop movements towards the capital in January had "spooked" the cabinet. The Indian Express claimed the army had not given notice about the
Published 05 Apr, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 05 Apr, 2012 12:00am
India's government, army deny 'coup fear' report

India's government, army deny 'coup fear' report

India's government and the army categorically denied on Wednesday a front-page report by a newspaper detailing how troop movements towards the capital in January had "spooked" the cabinet. The Indian Express claimed the army had not given notice about the
Published 05 Apr, 2012 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Wednesday (April 04, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover f
Published 05 Apr, 2012 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 05 Apr, 2012 12:00am
Woman bomber kills Somali sports chiefs

Woman bomber kills Somali sports chiefs

A woman suicide bomber blew herself up Wednesday during an address by Somalia's prime minister in Mogadishu, killing four people, including the country's Olympic and football bosses. The young woman detonated her suicide belt as Prime Minister Abdiweli Mo
Published 05 Apr, 2012 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (April 04, 2012).

Published 05 Apr, 2012 12:00am
Woman bomber kills Somali sports chiefs

Woman bomber kills Somali sports chiefs

A woman suicide bomber blew herself up Wednesday during an address by Somalia's prime minister in Mogadishu, killing four people, including the country's Olympic and football bosses. The young woman detonated her suicide belt as Prime Minister Abdiweli Mo
Published 05 Apr, 2012 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (April 04, 2012).

Published 05 Apr, 2012 12:00am
Economy facing serious challenges, US told

Economy facing serious challenges, US told

The US has expressed the desire to help Pakistan arrange funds for construction of multi-billion dollar Diamer Basha Dam to meet its energy requirements, it is reliably learnt. Sources said the issue of energy crisis as well as options to meet the future
Published 05 Apr, 2012 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (April 04, 2012).

Published 05 Apr, 2012 12:00am
Economy facing serious challenges, US told

Economy facing serious challenges, US told

The US has expressed the desire to help Pakistan arrange funds for construction of multi-billion dollar Diamer Basha Dam to meet its energy requirements, it is reliably learnt. Sources said the issue of energy crisis as well as options to meet the future
Published 05 Apr, 2012 12:00am
Economy facing serious challenges, US told

Economy facing serious challenges, US told

The US has expressed the desire to help Pakistan arrange funds for construction of multi-billion dollar Diamer Basha Dam to meet its energy requirements, it is reliably learnt. Sources said the issue of energy crisis as well as options to meet the future
Published 05 Apr, 2012 12:00am
PML-N ends boycott of PCNS meeting

PML-N ends boycott of PCNS meeting

Pakistan Muslim League (N) has agreed to attend Parliamentary Committee on National Security (PCNS) following a telephone call made by Prime Minister Syed Yousuf Raza Gilani to PML (N) chief Nawaz Sharif on Wednesday. The major opposition party in the Par
Published 05 Apr, 2012 12:00am
PML-N ends boycott of PCNS meeting

PML-N ends boycott of PCNS meeting

Pakistan Muslim League (N) has agreed to attend Parliamentary Committee on National Security (PCNS) following a telephone call made by Prime Minister Syed Yousuf Raza Gilani to PML (N) chief Nawaz Sharif on Wednesday. The major opposition party in the Par
Published 05 Apr, 2012 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (April 04, 2012).

Published 05 Apr, 2012 12:00am
Washington needs to respect certain red lines

Washington needs to respect certain red lines

Pakistan has made it clear to the US that Washington has to observe certain red lines that require respect for its territorial sovereignty under the new terms of engagement. This was conveyed to the visiting Assistant Secretary of State, Thomas Nides, dur
Published 05 Apr, 2012 12:00am
Washington needs to respect certain red lines

Washington needs to respect certain red lines

Pakistan has made it clear to the US that Washington has to observe certain red lines that require respect for its territorial sovereignty under the new terms of engagement. This was conveyed to the visiting Assistant Secretary of State, Thomas Nides, dur
Published 05 Apr, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (April 04, 2012).
Published 05 Apr, 2012 12:00am
Banned JuD leaders: Pakistan wants concrete evidence: FO

Banned JuD leaders: Pakistan wants concrete evidence: FO

Pakistan on Wednesday asked for concrete evidences to proceed legally against Hafiz Mohammad Saeed and Hafiz Abdul Rehman Makki, top leaders of banned Jamaat-ud-Dawa (JuD), following the US announcement of $10 million bounties on them. "Pakistan would pre
Published 05 Apr, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (April 04, 2012).

Published 05 Apr, 2012 12:00am
Banned JuD leaders: Pakistan wants concrete evidence: FO

Banned JuD leaders: Pakistan wants concrete evidence: FO

Pakistan on Wednesday asked for concrete evidences to proceed legally against Hafiz Mohammad Saeed and Hafiz Abdul Rehman Makki, top leaders of banned Jamaat-ud-Dawa (JuD), following the US announcement of $10 million bounties on them. "Pakistan would pre
Published 05 Apr, 2012 12:00am
US puts more curbs on PIA

US puts more curbs on PIA

The US has put more restrictions on Pakistan International Airlines (PIA) passenger flights entering the US. According to PIA sources, the US authorities have notified them through a letter that the passengers coming to US via PIA flights will undergo an
Published 05 Apr, 2012 12:00am
US puts more curbs on PIA

US puts more curbs on PIA

The US has put more restrictions on Pakistan International Airlines (PIA) passenger flights entering the US. According to PIA sources, the US authorities have notified them through a letter that the passengers coming to US via PIA flights will undergo an
Published 05 Apr, 2012 12:00am
US puts more curbs on PIA

US puts more curbs on PIA

The US has put more restrictions on Pakistan International Airlines (PIA) passenger flights entering the US. According to PIA sources, the US authorities have notified them through a letter that the passengers coming to US via PIA flights will undergo an
Published 05 Apr, 2012 12:00am
Raw cotton export crosses one million bales mark

Raw cotton export crosses one million bales mark

With a substantial growth of over 27 percent, raw cotton export has crossed one million bales mark during the current fiscal year mainly due to cheap price and bumper crop in the country. Exporters told Business Recorder on Wednesday that raw cotto
Published 05 Apr, 2012 12:00am
Raw cotton export crosses one million bales mark

Raw cotton export crosses one million bales mark

With a substantial growth of over 27 percent, raw cotton export has crossed one million bales mark during the current fiscal year mainly due to cheap price and bumper crop in the country. Exporters told Business Recorder on Wednesday that raw cotto
Published 05 Apr, 2012 12:00am
Raw cotton export crosses one million bales mark

Raw cotton export crosses one million bales mark

With a substantial growth of over 27 percent, raw cotton export has crossed one million bales mark during the current fiscal year mainly due to cheap price and bumper crop in the country. Exporters told Business Recorder on Wednesday that raw cotto
Published 05 Apr, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (April 04, 2012).

Published 05 Apr, 2012 12:00am
Obama signs new insider trading curbs for Congress

Obama signs new insider trading curbs for Congress

President Barack Obama called on Wednesday for stricter controls on lawmakers to confront "the corrosive influence" of money in Washington as he signed into law an insider trading ban he said was needed to help restore trust in the US government. The Demo
Published 05 Apr, 2012 12:00am
Obama signs new insider trading curbs for Congress

Obama signs new insider trading curbs for Congress

President Barack Obama called on Wednesday for stricter controls on lawmakers to confront "the corrosive influence" of money in Washington as he signed into law an insider trading ban he said was needed to help restore trust in the US government. The Demo
Published 05 Apr, 2012 12:00am
Obama signs new insider trading curbs for Congress

Obama signs new insider trading curbs for Congress

President Barack Obama called on Wednesday for stricter controls on lawmakers to confront "the corrosive influence" of money in Washington as he signed into law an insider trading ban he said was needed to help restore trust in the US government. The Demo
Published 05 Apr, 2012 12:00am
Policy guidelines on LPG air mix: gas tariff may go up

Policy guidelines on LPG air mix: gas tariff may go up

Federal government is likely to allow Oil and Gas Regulatory Authority (Ogra) to include cost of LPG mix uniform cost of gas formula aimed at computing the Weighted Average Cost of Gas (WACOG) which will ultimately increase gas tariff.
Published 05 Apr, 2012 12:00am
Policy guidelines on LPG air mix: gas tariff may go up

Policy guidelines on LPG air mix: gas tariff may go up

Federal government is likely to allow Oil and Gas Regulatory Authority (Ogra) to include cost of LPG mix uniform cost of gas formula aimed at computing the Weighted Average Cost of Gas (WACOG) which will ultimately increase gas tariff.
Published 05 Apr, 2012 12:00am
Policy guidelines on LPG air mix: gas tariff may go up

Policy guidelines on LPG air mix: gas tariff may go up

Federal government is likely to allow Oil and Gas Regulatory Authority (Ogra) to include cost of LPG mix uniform cost of gas formula aimed at computing the Weighted Average Cost of Gas (WACOG) which will ultimately increase gas tariff.
Published 05 Apr, 2012 12:00am
IP pipeline project: Pakistan to pay $6/MMBTU more for gas price

IP pipeline project: Pakistan to pay $6/MMBTU more for gas price

The gas price under the Iran-Pakistan (IP) pipeline project is now being offered at $11 per million British thermal units (MMBTUs) - $6 per MMBTU more than what was offered in 2007. The $1.2 billion IP project has been lingering since 1995, when Iran-Paki
Published 05 Apr, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Wednesday (April 04, 2012).

Published 05 Apr, 2012 12:00am
IP pipeline project: Pakistan to pay $6/MMBTU more for gas price

IP pipeline project: Pakistan to pay $6/MMBTU more for gas price

The gas price under the Iran-Pakistan (IP) pipeline project is now being offered at $11 per million British thermal units (MMBTUs) - $6 per MMBTU more than what was offered in 2007. The $1.2 billion IP project has been lingering since 1995, when Iran-Paki
Published 05 Apr, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Wednesday (April 04, 2012).

Published 05 Apr, 2012 12:00am
IP pipeline project: Pakistan to pay $6/MMBTU more for gas price

IP pipeline project: Pakistan to pay $6/MMBTU more for gas price

The gas price under the Iran-Pakistan (IP) pipeline project is now being offered at $11 per million British thermal units (MMBTUs) - $6 per MMBTU more than what was offered in 2007. The $1.2 billion IP project has been lingering since 1995, when Iran-Paki
Published 05 Apr, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Wednesday (April 04, 2012).

Published 05 Apr, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Wednesday (April 04, 2012).

Published 05 Apr, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Wednesday (April 04, 2012).

Published 05 Apr, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Wednesday (April 04, 2012).

Published 05 Apr, 2012 12:00am
Index gains 254.22 points

Index gains 254.22 points

A bullish trend was witnessed on the Karachi share market on Wednesday on the back of aggressive buying by local investors and institutions and the KSE-100 index breached 13,900 psychological level. The index registered healthy gains of 254.22 points and
Published 05 Apr, 2012 12:00am
Index gains 254.22 points

Index gains 254.22 points

A bullish trend was witnessed on the Karachi share market on Wednesday on the back of aggressive buying by local investors and institutions and the KSE-100 index breached 13,900 psychological level. The index registered healthy gains of 254.22 points and
Published 05 Apr, 2012 12:00am