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KSE-100 index down to 21, 583, shed by 111 Monday morning

Source: Geo News | 24-06-2013

KARACHI: Karachi Stock Exchange (KSE) Monday failing to get over the previous week’s lackluster attitude towards trading witnessed a record 111 points loss bringing down KSE-100 index to 21,583 points in just during few business hours this morning, Geo News reported.

Sources said that KSE has been in the grip of bearish trading all through the previous week that saw KSE-100 index cumulatively shedding by 844 points to pegging below 22,000 points.

China home prices rise for third month in February

Source: Dunya News | 01-03-2013

Home prices in China rose year-on-year in February for the third consecutive month, an independent survey showed Friday, citing strong credit growth as a key factor. New home costs in 100 major cities jumped 2.48 percent from a year earlier to an average 9,893 yuan ($1,589) per square metre last month, the China Index Academy said, following rises of 1..... Read more

TDAP support can up rice export to $3b

Source: The Nation | 29-03-2013

The rice exporters are eying to achieve $3 billion export target annually with the support of TDAP, as the authority’s role is vital to boost export and earn foreign exchange.Ch Samee Ullah, Vice Chairman REAP, hoped that TDAP will solve the problems instead for creating hurdles in the way of exports. “We also hope that in future TDAP will si..... Read more

Oil price hike reversed, notification issued

Source: Dawn News | 04-03-2013

After three days of quibbling, the government on Sunday formally issued a notification to reverse its decision to increase prices of petroleum products from March 1. With effect from Sunday midnight, the petroleum prices have reverted to Feb 28 level,” prime minister’s adviser on petroleum and natural resources Dr Asim Hussain told Dawn.As a..... Read more

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