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1. UBL stake sale yields $387m
(Highlights/Business News)
... pc stake in the bank consists of 241m shares, for which the floor price was fixed at Rs155. However, it closed at Rs158 as investors entered the book-building process. Mr Zubair explained that  ...
Monday, 16 June 2014
2. Bulls go wild; index crosses 29,000-level
(Highlights/Business News)
KARACHI: Stocks continued to head north on Thursday, with the KSE-100 index going up by 309.53 points to close at record 29,250.54 points. The volumes of Rs15.8 billion stood at eight-month high ...
Saturday, 12 April 2014
3. Uncertainty prevails in currency market
(Highlights/Business News)
... d the rate was almost same around Rs99 and closed at Rs99.02. However, the rate may see a vital change on Tuesday since higher inflows are expected due to opening of New York from where overseas transactio ...
Tuesday, 18 March 2014
KARACHI: The raging bulls crashed through the psychological barrier of 27,000 points on Monday, adding a huge 284.03 or 1.06pc to close at new all-time high at 27,176.26. Analysts forecasting ...
Tuesday, 11 March 2014
...  of 10 Pakistanis ranked higher unemployment and higher energy prices as two factors that would have the largest impact on Pakistan, followed closely by energy and food shortages.  ...
Thursday, 06 March 2014
6. Equity prices drift lower
(Highlights/Business News)
KARACHI: Stocks were further dragged down on Thursday with the KSE-100 index losing 21.57 points to close at 25,478.93, the lowest in last two months. The index moved in the range of 230 points ...
Friday, 28 February 2014
7. Stocks close lower; rupee gains against USD
(Highlights/Business News)
KARACHI: Pakistan's main stock exchange closed lower on Wednesday, with the benchmark 100-share index of the Karachi Stock Exchange falling 0.23 per cent, or 59.11 points to 25,500.50. The ...
Thursday, 27 February 2014
... (Ogra) over charges of misconduct. A letter of the Establishment Division, a copy of which is available with DawnNews, discloses that Marri had remained absent from his office for six and a half ...
Thursday, 27 February 2014
...  In Tokyo the benchmark Nikkei-225 index fell 0.19 per cent, or 27.99 points, to close at 14,837.68. Seoul lost 0.45 per cent, or 8.78 points, to end at 1,949.05 and Sydney closed a marginal 0.03 ...
Monday, 24 February 2014
10. Pakistani stocks end higher; rupee weakens
(Highlights/Business News)
KARACHI: Pakistan's main stock exchange closed higher on Friday, with the benchmark 100-share index of the Karachi Stock Exchange rising 0.38 per cent, or 96.55 points to 25,603.35. The slight ...
Saturday, 22 February 2014
...  billion for next two years. He disclosed that the commerce ministry has already submitted a detailed plan with the Federal Board of Revenue (FBR) for the revision in duties and tariffs to be mad ...
Saturday, 22 February 2014
12. No loan cancellation, hints Asian Bank
(Highlights/Business News)
ISLAMABAD: The Asian Development Bank (ADB) has decided that it would no more cancel or close any loan to Pakistan. The bank management in its communication on Thursday to the Independent Evaluation ...
Saturday, 22 February 2014
13. Bearish spell continues on stock market
(Highlights/Business News)
... the market remained volatile and closed in red as the uncertainty pertaining to talks with Taliban continued to affect the market sentiment. FCCL announced a cash dividend of Rs0.75/share and BAHL ...
Wednesday, 19 February 2014
14. Stocks extend overnight losses
(Highlights/Business News)
Wednesday, 12 February 2014
15. ECC takes politically tough decisions
(Highlights/Business News)
... ty (EFF) worth $6.64bn. A source close to the review meeting told Dawn that Islamabad was on target in terms of the implementation of IMF conditions and the achievement of benchmarks. Both sides discus ...
Monday, 10 February 2014
Monday, 20 January 2014
... between the two countries to help Pakistan exploit its proven hydro carbon resources dilating on the need to work more closely in the field. He said that addition of 1700 MW in the national grid due ...
Monday, 20 January 2014
18. SBP projects economic growth rate of 3-4pc
(Highlights/Business News)
KARACHI: The State Bank in its annual report (2012-13), issued on Wednesday, projected the economic growth rate of 3 to 4 per cent for this fiscal year which looks more closely to the IMF projection ...
Thursday, 16 January 2014
19. KSE 100-index hits new peak of 26,761
(Highlights/Business News)
Thursday, 16 January 2014
20. Bull run continues on stock market
(Highlights/Business News)
... out of 18 listed companies nine closed in green while three remained unchanged. Cement sector contributed 29pc to the total volume. Ahsan Mehanti, analyst at Arif Habib Corp said that the stocks closed ...
Thursday, 09 January 2014
21. Govt back to square one
(Highlights/Business News)
...  billion at the end of November last. In the first five months of 2013, they have risen at an average of Rs17.70 billion per month. By that calculation, they must be close to Rs520 billion by end o ...
Monday, 06 January 2014
KARACHI: Range-bound trading was witnessed on the stock market on the opening session on Monday. The KSE-100 index managed to close with a meagre gain of 25.91 points to 25,283.96. The market ...
Tuesday, 31 December 2013
KARACHI: Bulls gave in to bull squeeze in the second session on Friday, so that the KSE-100 index closed down by 111.98 points at 25,258.05. Although participation improved as trading value rose ...
Saturday, 28 December 2013
24. Stocks turn in flat performance
(Highlights/Business News)
KARACHI: The stock market was choppy on Thursday as investor participation continued to dwindle with the end of the year approaching. The KSE-100 index closed flat, with an upside by mere 3.34 points ...
Saturday, 28 December 2013
25. Asian shares mixed ahead of Fed decision
(Highlights/Business News)
... per cent, or 7.1 points, to 5,096.1 and Seoul ended 0.45 per cent, or 8.89 points, higher at 1,974.63. Shanghai lost 0.13 per cent, or 2.79 points, to close at 2,148.29 while Hong Kong added 0.32 per ...
Wednesday, 18 December 2013
26. CNG price reduced on court order
(Highlights/Business News)
... in Punjab has already been stopped for two months and for Sindh two days a week. The CNG stations in Khyber Pakhtunkhwa may remain closed for one day a week, most likely from next week. The situation in ...
Wednesday, 18 December 2013
27. Stocks close above 25,000-level
(Highlights/Business News)
...  by 24pc to Rs8.921 billion, from Rs7.206bn. Market capitalisation was up by Rs10bn to Rs6.042 trillion. The KSE-30 index saw a slower rise of 18.23 points on Thursday to close at 18,729.27. Foreig ...
Friday, 13 December 2013
28. Gas tariff hike next month on IMF demand
(Highlights/Business News)
... no change for domestic consumers. He said that because of gas shortage the compressed natural gas (CNG) sector in Khyber Pakhtunkhwa would be closed for a month this winter, while supply to the sector ...
Friday, 13 December 2013
... takes decent shots. The Nexus also supports 4G LTE cellular networks. And because it's designed by Google, you are getting as close to a pure Android experience as you can get, without clutter or gimmicks ...
Tuesday, 03 December 2013
HONG KONG: Asian markets mostly rose Monday following another record close on Wall Street, while oil prices fell after Iran struck a deal on its nuclear programme that will see eased sanctions on ...
Monday, 25 November 2013

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