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Riffat Mughal

Rupee slide continues for third day, records at 88.45 to dlr - 0 views

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    KARACHI: The Pakistani rupee's slide continued for a third day on Wednesday, with increased import payments, negative sentiment about regional currencies and a bleak outlook for the country's economy driving it to a record low of 88.45 to the dollar.
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

Pakistan Islamic Banking windows net assets surge by 31.77pct | HALALTAMWEEL.COM - 0 views

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    KARACHI: Pakistan's Islamic banking windows of conventional banks continued to grow during the first nine months of the calendar year 2011 (9MCY11) with improved asset base. Net assets of the Islamic banking windows grew by 31.77 percent and stood at Rs 17.647 billion as on Sep 30, 2011 as against Rs 13.393 billion reported on Dec 31, 2010.
Riffat Mughal

Pakistan gold prices eased down to Rs 56,300/tola - 0 views

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    KARACHI: Pakistan gold rates continuously falling in major bullion markets of the country following decline in the international gold markets as European countries are striving hard to stimulate the economy.
Halal Tamweel

Pakistan gold prices follow declining trend - 0 views

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    KARACHI: Gold rates in Pakistan dropped on Thursday in major bullion markets of the country as the metal continued its downward trend in the international markets.
Halal Tamweel

FDI falls to $21 million during August - 0 views

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    KARACHI: Foreign Direct Investment (FDI) continued its declining trend and went down to $21 million in the month of August against $91 million in the previous month, according to the latest data issued by State Bank of Pakistan (SBP).
Riffat Mughal

Fall of rupee against dollar - 0 views

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    KARACHI: The value of Pakistan currency against dollar is depreciating continuously in new fiscal year amid fears of less dollar inflows in future along with the suspension of IMF program.
Riffat Mughal

Growers concerns rise as cotton dropped further - 0 views

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    KARACHI: Growers concerns have been rising as the cotton market continued its downward trend on the back of higher influx of seed cotton and phutti arrivals on Friday.
Riffat Mughal

Pakistan cotton faces further rate cut - 0 views

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    KARACHI: Pakistan cotton rates continued its downward trend on the back of higher influx of seed cotton and phutti arrivals however trading remained range bound at cotton market on Thursday.
Halal Tamweel

KMI gains 82pts despite thin trade - 0 views

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    KARACHI: With clear weather today, market is likely to see increased activities. E&P sector would continue to drive interest. It is expected that the blue chip companies will remain active stocks.
Riffat Mughal

Barclays to focus on Islamic liquidity - 0 views

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    DUBAI: Barclays Capital will focus on growing its liquidity management and risk management businesses as the Islamic bond market continues to struggle because of global economic worries, its head of Islamic products said.
Riffat Mughal

Buying in fertilizer scrips pushes KMI up - 0 views

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    KARACHI: Market is likely to be positive today over hike in urea prices as fertilizer stock is expected to continue the rally. Investors are bullish about the sector owing to high dividend expectations and seem to be less concerned about gas curtailment to the sector.
Riffat Mughal

APCNGA assures CNG supply to public transporters - 0 views

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    ISLAMABAD: The All Pakistan Compressed Natural Gas Association (APCNGA) has given assurance to the government to continue CNG supply to public transport during CNG gas holidays.
Riffat Mughal

KMI gains 2.46pts - 0 views

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    KARACHI: The Halal stocks continued its rally and touched high but later it slowed down which let KMI 30 share index to gained meager 2.46 points.
Riffat Mughal

Pakistan cotton prices moves up - 0 views

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    KARACHI: Cotton prices moved up on Tuesday on the back of strong demand by the mills and spinners amid active trading. Karachi Cotton Association (KCA) official spot rate continued upward march as it went up by Rs 150 to Rs 6,450, dealers said. Market also followed New York cotton exchange trend as prices kept on a move in international market.
Riffat Mughal

Dubai's MAF eyes sukuk; expansion into Iraq, Lebanon - exec - 0 views

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    ABU DHABI: Dubai's Majid Al Futtaim Holding, sole franchisee of hypermarket chain Carrefour in the Gulf, is to set up a sukuk programme as market volatility continues to thwart its plans for a conventional issue, an executive told reporters today.
Riffat Mughal

Persistent buying pushes cotton prices up - 0 views

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    KARACHI: Mills continuous buying at Pakistan cotton market push prices up on Monday. The Karachi Cotton Association (KCA) official spot rate increased by Rs 50 traded at Rs 6,300 while physical prices of fine lint were above Rs 6,600 and Rs 6,350 per maund, dealers said.
Riffat Mughal

Pakistan Islamic Banking windows total assets surge by 27.28pct - 0 views

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    KARACHI: Pakistan's Islamic banking windows of conventional banks continued to grow during the first half of the calendar year 2011 (1HCY11) with improved asset base. Total assets grew by 27.28 percent during the first half as the Islamic banking windows total assets stood at Rs 189.990 billion.
Halal Tamweel

Palm rises to 13-month high on demand hopes | HALALTAMWEEL.COM - 0 views

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    SINGAPORE: Malaysian palm oil futures climbed to an almost 13-month high on Wednesday, as traders continued to bet on a brighter demand outlook for palm oil following expectations of a smaller soybean crop in coming months. The U.S.
Halal Tamweel

International links may help Turkey's Islamic bank sector - 0 views

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    ISTANBUL: Turkey's Islamic banks could continue their recent strong growth if they can cultivate stronger ties with their international owners and create a sustainable brand image, in Standard & Poor's Ratings Services' view.
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