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NEPRA approves wind power tariffs - 0 views

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    ISLAMABAD: Identifying the investment opportunities in alternate energy, National Electric Power Regulatory Authority (Nepra) has approved upfront tariffs for wind power projects on Thursday.
Halal Tamweel

Gold heads for biggest weekly gain since Sept - 0 views

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    SINGAPORE: Gold headed for its biggest weekly gain in a month as equities regained strength after fresh efforts by Europe to resolve its debt crisis eased nagging worries about a global recession, while purchases from jewelers offered additional support.
Halal Tamweel

Asian stocks rise, euro steady on Europe bank moves - 0 views

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    SINGAPORE: Asian stocks rose on Friday and the euro clung to gains from a 2-cent rally after euro zone policymakers moved to shore up struggling banks and fend off a financial crisis.
Halal Tamweel

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.
Riffat Mughal

KMI: Market to continue rally - 0 views

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    KARACHI: Market would continue the rally today as investors' renewed buying interest could be witness in high dividend-yielding stocks.
Riffat Mughal

Brent stays near $109 on Europe optimism, Kuwait strike - 0 views

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    SINGAPORE: Brent crude held near $109 on Tuesday on cautious optimism that European banks may avert a financial crisis after leaders promised a plan to resolve the region's debt woes while a strike in OPEC member Kuwait threatened exports.
Riffat Mughal

Sept trade deficit narrows to $1.786bln - 0 views

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    KARACHI: Pakistan's trade deficit narrowed to $1.786 billion in September from $1.842 billion in August, the Federal Bureau of Statistics said on Tuesday.
Riffat Mughal

Shares rise after china bank move, euro firm - 0 views

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    SINGAPORE: Asian shares rose on Tuesday after China moved to support its stock market by buying shares of major banks, and the euro held the previous session's big gains on hopes that European leaders are finally taking action to protect the continent's lenders.
Riffat Mughal

Remittances surge by 25 percent to $3.3bln - 0 views

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    KARACHI: The overseas Pakistani workers remitted an amount of $ 3,297.20 million in the first quarter (July - September) of the current fiscal year 2011-12 (FY12), showing a growth of 24.60 percent or $ 650.9 million compared with $ 2,646.30 million received during the same period of last fiscal year (July- September 2010).
Riffat Mughal

Pakistan gold prices up - 0 views

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    KARACHI: Pakistan gold rates up on Monday in major bullion markets of the cities with increase in international gold market.
Riffat Mughal

Agritech reports loss of Rs 295.221mln in FY11 - 0 views

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    KARACHI: Agritech Limited (AGL) declares loss of Rs 295.221 million for the year ended on June 30, 2011 as against profits after taxation of Rs 853.248 million in the previous year.
Riffat Mughal

Inflation likely to reverse after SBP decision - 0 views

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    KARACHI: The recent decision of State Bank of Pakisan (SBP) to bring flexibility in monetary stance could spur economic growth slightly but it is likely that inflation could again pick up its momentum due to expected increase in liquidity position, according to the Arif Habib research note.
Riffat Mughal

Trade among Islamic states to grow 20pct - 0 views

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    JEDDAH: The International Islamic Trade Finance Corporation (ITFC), an affiliate of the IDB Group, is making intense efforts to increase trade among members of the Organization of Islamic Cooperation (OIC) to 20 percent of their total trade by 2015. It has given $13 billion since 2008 to finance trade.
Riffat Mughal

Company’s Board Meetings - 0 views

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    KARACHI: Pak Suzuki Motor Company (PSMC) Board of Directors meeting will be held on Wednesday, October 26, 2011 to consider among other things the unaudited accounts for the 3rd quarter ended on September 30, 2011.
Riffat Mughal

OGDC to restart operations in rain affected areas - 0 views

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    KARACHI: Oil and Gas Development Company Ltd (OGDCL) will resume its operation in the rain-affected areas with full pace as soon as rainwater is receded in exploration blocks.
Riffat Mughal

ATRL reports improved earnings in first quarter, FY2012 - 0 views

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    KARACHI: The board of directors of Attock Refinery Limited (ATRL) has approved the financial results of the company for the first quarter ended Sep 30, 2011 on Monday, according to the notice issued by company to the Karachi Stock Exchange (KSE).
Riffat Mughal

Malaysia supplies world class talent for Islamic Finance, says Zeti - 0 views

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    KUALA LUMPUR: Malaysia, via the International Centre for Education in Islamic Finance (INCEIF), is supplying world class talent for the fast-growing Islamic finance, says chairman and chancellor, Tan Sri Dr Zeti Akhtar Aziz.
Riffat Mughal

Weekly inflation moves up - 0 views

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    KARACHI: The Sensitive Price Indicator (SPI) has registered an increase of 0.24 percent for the week ended on October 13 over the previous week.
Riffat Mughal

KMI Weekly: Index lost 984.69pts - 0 views

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    KARACHI: The Halal stocks KMI-30 share index went down by 984.69 points or 4.39 percent during the last week. KMI-30 Index closed at the level of 21,436.77 points as compared to the last week's closing level of 22,421.46 points.
Riffat Mughal

KMI likely to witness selling pressure today - 0 views

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    KARACHI: The government's move to ban petroleum products export to Afghanistan likely to affect KMI index on Friday as market is expected to witness selling pressure.
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