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Oil prices mixed ahead of US inventory report

Source: Geo News | 27-11-2013

Oil prices were mixed in Asian trade Wednesday as dealers anticipated a further increase in US crude stockpiles, indicating weak demand in the worlds top crude consumer.

New Yorks main contract, West Texas Intermediate for January delivery, was down 18 cents at $93.50 in mid-morning trade while Brent North Sea crude for January gained 12 cents to $111.00.

Dollar reaches close to Rs100

Source: The Nation | 18-12-2012

The immediate impact of the interest rate cut slashed the rupee’s value by a great margin on Monday as the open market reached close to Rs100 to the dollar, which led the central bank to call an urgent meeting with the exchange companies to keep the local unit away from reaching triple digits. Before the Monetary Policy was announced, fears were..... Read more

100,000 tons wheat to Iran by early Feb

Source: The Nation | 07-01-2013

Grain exporter Seatrade Group of Pakistan said it will start shipping 100,000 tons of wheat to Iran by the end of January or early February, one-tenth of the original tender agreed in August. Iranian wheat imports are usually handled by the private sector but the Iranian government had to step in and help with purchasing this year because of th..... Read more

KSE volume falls to 10-week low

Source: The Nation | 29-03-2013

Stocks closed higher at KSE amid thin trade, led by cement and telecom stocks on strong valuations.Investors preferred to stay on the sidelines in the absence of any trigger which is why volumes fell to 10-week low. Major activity was seen in PIAA as 21m shares exchanged hands with the share price increasing by 14 paisas. Telecom sector gained some mom..... Read more

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