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Karachi stock seen upbeat

Source: Geo News | 26-08-2013

KARACHI: Karachi Stock Exchange (KSE) was seen upbeat on Monday, the first day of the trading week, when the investors mostly preferred buying profitable shares, Geo News reported.

The benchmark KSE-100 index on one occasion during the trading was seen to have recorded a big jump by 347 points, pushing up the index to 23,062 marks.

Iran to build oil refinery in Gwadar: Dr Asim

Source: The News | 21-02-2013

Iran in cooperation with Pakistan state oil (PSO) will build an oil refinery at Gwadar, Petroleum Advisor Dr Asim Hussain. Talking to mediamen after holding a meeting with Iran's Minister of Oil Rostam Qassemi, Dr Asim said that the refinery would refine 400,000 barrels of oil per day. He added that President Asif Ali Zardari would soon visit Iran to f..... Read more

LNG import to be completely transparent, says Asim

Source: The Nation | 23-01-2013

Dr Asim Hussain, Advisor to the Prime Minister on Petroleum and Natural Resources, has said that LNG import and LPG Air mix projects need to be urgently completed to minimise the gap between gas supply and demand. He said this while chairing a meeting of ECC Committee on LNG import project here in Islamabad on Tuesday that was also attended by Secretary P..... Read more

Better cement sale in March to boost 3Q dispatches

Source: The Nation | 08-04-2013

The exuberant sale of cement in March will bolster sector’s 3QFY13 dispatches to 8.6 million tons versus 8.2 million tons in the same period last year, showcasing growth of 4 per cent, experts said. As per the latest data release by All Pakistan Cement Manufacturers Association (APCMA), cement dispatches in March 2013 surged by 3 per cent YoY and ..... Read more

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