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Lusterless KSE retreats to a 2-month low

Source: Geo News | 28-02-2014

In the absence of strong trade triggers the apex bourse retreated to a two-month low here on Thursday.

The benchmark 100-Index of the Karachi Stock Exchange (KSE) shed 0.08 percent, or 21.57 points to 25,478.93.

This was the index’s lowest point in the last 2 months, while volumes declined to a four-month low as the apex bourse witnessed another lackluster session with range-bound activity.

Faysal Bank Ltd fell 2.1 percent to 11.65 rupees while Maple Leaf Cement Factory Ltd was down 1.03 percent to 27.85 rupees.

Oil prices rise in Asia

Source: Ø¬ÛŒÙˆ Ù†ÛŒÙˆØ² | 06-09-2013

SINGAPORE: Oil prices inched higher in Asian trade Friday ahead of the release of US jobs figures and on concerns about a possible US-led strike on Syria, analysts said. New York's main contract, West Texas Intermediate for delivery in October, gained one cent to $108.38 in mid-morning trade, while Brent North Sea crude for October added two cents ..... Read more

Asian shares down

Source: Dunya News | 10-01-2014

Asian markets were mostly lower Friday following another weak lead from Wall Street as investors await the release of key US jobs data, while China said its trade surplus shrank in December. The euro managed to hold up against the dollar and yen after a brief fall on Thursday fuelled by a warning from the head of the European Central Bank that the euroz..... Read more

Rice exporters may strike against govt monopoly on QRC

Source: The Nation | 28-01-2013

The rice millers and exporters have warned the government of going on strike for an unlimited period if Ministry of Commerce did not take urgent step to give them proper representation in Quality Review Committee (QRC). “Giving QRC control to government department and elimination of private stakeholders’ involvement is a setback for rice expor..... Read more

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