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Rally at KSE continues; Index hits new height at 22,080 points
Source: GEO News | 03-06-2013

ARACHI: The bull-run continued at the local bourse, as the benchmark KSE 100-share Index set a new record on Monday by closing at an unprecedented level of 22,080 points after gaining 258 points.

The new government’s apparent resolve to bring improvement on the economic front prompted the stock traders to inject more investment into the local equities.

The KSE witnessed a strong volume of 570 million shares of worth Rs11 billion. Not only the major players but the small investors were also seen taking interest in a variety of stocks.

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Source: Geo News | 03-07-2013
 Oil prices jump amid bloodshed in Egypt SINGAPORE: Oil prices rose sharply in Asian trade Wednesday on growing concerns that the escalating political crisis in Egypt could affect the rest of the Middle East and disrupt world crude supplies, analysts said. New York's main contract, West Texas Intermediate (WTI) light sweet crude for delivery in August, was up $2.20 at $101.80 a barrel in m..... Read more
Source: Geo News | 21-08-2013
 Emerging market currencies in red ink over US policy fears LONDON: Emerging market currencies have taken major hits recently as investors pull out money in anticipation the US Federal Reserve will begin to taper its stimulus effort, with India and Brazil also punished for slow growth. The plunge for some currencies has been steep, with the Indian rupee losing about 19.5 percent of its value against the US..... Read more
Source: The Nation | 05-04-2013
Dilapidated foreign reserves may further erode Pakistan’s foreign exchange reserves have declined to $12.202 billion on March 29, which would further reduce in the last quarter (April to June) of the ongoing financial year 2012-13 mainly due to the repayment to the International Monetary Fund (IMF). The foreign exchange reserves held by the central bank stood at $7.128 billion and commercial ban..... Read more
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Source: Dunya News | 06-05-2014
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