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Riffat Mughal

Gold heads for biggest weekly drop since early 2009 - 0 views

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    SINGAPORE: Gold slipped more than 1 percent on Friday, heading for its biggest weekly drop since March 2009, as stock markets gained and the euro rose after major central banks around the world strived to fight the debt crisis in Europe.
Riffat Mughal

Oil heads for weekly gain on central banks' Europe crisis move - 0 views

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    SINGAPORE: Oil was headed for a weekly gain on Friday after central banks launched coordinated action to boost European bank funding, easing concern about falling oil demand from industrialised consumers.
Riffat Mughal

Unilever Pakistan declares Closing Period - 0 views

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    KARACHI: Unilever Pakistan Ltd has declared the "Closed Period" from September 22, 2011 to October 26, 2011 in a notice issued to Karachi Stock Exchange on Friday.
Riffat Mughal

Ginners back on trade, rates remain firm - 0 views

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    KARACHI: Ginneries participation in active trading on Thursday supported Pakistan cotton rates to remain firm. Some analysts expect that panic trading by ginneries can pushed cotton prices down.
Riffat Mughal

Pakistan cotton rates steady over brisk trading - 0 views

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    KARACHI: The return of ginneries and arrivals of Phutti allowed Pakistan cotton market to witness brisk trading activities on Friday. The Karachi Cotton Association (KCA) official spot rate remained intact at Rs 7,400 while physical prices were recorded at Rs 7,450, dealers said.
Riffat Mughal

Global stocks rally on Europe hope, euro slip - 0 views

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    NEW YORK: Global equities rose for a fourth straight day on Friday, but the euro slid as hope Europe was finally getting a grip on the region's debt crisis was offset by lingering fears Greece is still at risk of default.
Halal Tamweel

Asian stocks rebound on Europe debt hopes - 0 views

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    HONG KONG: Asian stocks bounced on Thursday after tentative steps by euro zone policymakers to tackle a crippling debt crisis, but investors remained wary that obstacles the bloc's leaders face could weigh on the euro and Asian currencies in the medium term.
Riffat Mughal

Asia stocks slide, euro gains after G20 - 0 views

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    SINGAPORE: Asian stocks fell to a 16-month low and emerging market currencies tumbled on Friday amid fears of a global recession, but a pledge from the G20 to preserve financial stability helped stem the scale of losses.
Riffat Mughal

Brent crude stays firm above $105 on eu's move - 0 views

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    SINGAPORE: Brent crude stayed firm above $105.50, boosted by Europe's move to shore up ailing banks and expectations that the U.S. economy may not be sliding into recession
Riffat Mughal

Range-bound trading likely at KMI - 0 views

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    KARACHI: Market is expected to remain range bound as the investors will adopt precautionary measures and prefer to be sideline ahead of monetary policy.
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