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Karachi stock seen upbeat this morning

Source: Geo News | 26-07-2013

KARACHI: Karachi Stock Exchange (KSE) with the very ‘go’ of trading was seen buoyant Friday morning, Geo News reported.

The investors preferred to go for buying profitable shares, which saw till the filing of this report the benchmark KSE-100 index surging by 48 points to peg at 23,622.

It may be recalled that following last five consecutive days of buoyancy KSE-100 index yesterday on a pessimistic note had closed at 23,574, down by 202 points.

Diamer Bhasha Dam: World Bank, not ADB, presses for seeking Indian NOC

Source: Tribune | 01-03-2013

A move by the Asian Development Bank to bring World Bank on board for co-financing Diamer Bhasha Dam backfired when the World Bank instead asked the ADB to first seek a no-objection certificate from India – a condition that has derailed the project. The ADB has so far faced criticism for asking for Indian NOC at the eleventh hour when Pakistan has a..... Read more

Asian shares mixed

Source: Geo News | 11-11-2013

Asian shares were mixed Monday following positive economic data from the United States and China as the Communist Party meets to plot the course for the world's second largest economy over the next decade. Trading sentiment was buoyed by strong US jobs figures and by healthy industrial production figures out of China -- further evidence of a steady recove..... Read more

Oil dips as fears of Syria strike ease

Source: Geo News | 10-09-2013

SINGAPORE: Oil prices dipped in Asian trade Tuesday as fears of a possible US-led strike on Syria eased, with the United States appearing open to a Russia plan for Damascus to give up its chemical weapons. New York's main contract, West Texas Intermediate for delivery in October, dipped 90 cents to $108.62 in mid-morning trade, while Brent North Sea c..... Read more

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