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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.
Halal Tamweel

Asia stocks up, bearish bets trimmed ahead of Europe meet - 0 views

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    SINGAPORE/HONG KONG: Asian stocks jumped on Friday and the euro steadied, after rising sharply the previous day, as investors hoped for a big policy move from European finance ministers to combat the debt crisis.
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    SINGAPORE/HONG KONG: Asian stocks jumped on Friday and the euro steadied, after rising sharply the previous day, as investors hoped for a big policy move from European finance ministers to combat the debt crisis.
Halal Tamweel

Shares fall on growth, euro zone debt worries - 0 views

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    TOKYO: Asian shares fell for a third straight day on Wednesday as investors reduced their risk positions due to uncertainty over global growth prospects and resurfacing worries about debt restructuring in struggling euro zone economies.
Riffat Mughal

U.S. wheat drops 0.7 pct; euro zone worries weigh - 0 views

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    SINGAPORE: U.S. wheat slid on Wednesday amid a broad-based weakness in the commodity markets following a near 4 percent rally in the last session, its biggest one-day gain in more than a month.
Riffat Mughal

No further extension of date for filing IT, ST returns: FBR - 0 views

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    ISLAMABAD: The Tax Reform Core Group, in its two-day meeting with the Federal Board of Revenue officials concluded here today, has expressed its extreme reservation over frequent extensions being granted by the Board in filing of Income Tax (IT) and Sales Tax (ST) returns.
Riffat Mughal

KMI lost as market takes technical correction KMI kmi KMI 30 kmi 30, Stocks Pakistan st... - 0 views

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    KARACHI: Likelihood of a discount rate cut is increasing and the market is looking for positive triggers and foreign institutional support. Relaxation in policy rate in next Monetary Policy could bring positive activities in the market in the upcoming days. Market is expected to recover today (Friday).
Riffat Mughal

KMI gains on inflation numbers - 0 views

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    KARACHI: With inflation numbers on a downward trend, likelihood of a discount rate cut is increasing. The market is looking for positive triggers and foreign institutional support. Relaxation in policy rate in next MPS could also help bring positive activities in the market in coming days.
Riffat Mughal

KMI: Fertilizer & oil stocks to remain in limelight - 0 views

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    KARACHI: Fertilizer and oil stocks will remain in limelight with better expected dividend yield and improved sales. Market is expected to remain steady after rupee strengthening once again and signaling that macroeconomic outlook is not as bleak as was thought few days ago.
Riffat Mughal

Brent crude falls to about $103 on stockpile gain, euro crisis - 0 views

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    SINGAPORE: Brent crude fell to near $103 on Thursday, declining for a second day after a bigger-than-expected increase in U.S. stockpiles heightened concern that demand may slow and doubts over the eurozone rescue fund weighed on confidence.
Riffat Mughal

Pakistan gold rates ease down - 0 views

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    KARACHI: Pakistan gold prices eased down on Wednesday in major bullion markets of the country after gaining some boost a day before.
Riffat Mughal

Stocks, commodities dive on recession fears - 0 views

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    NEW YORK: World stocks fell to 13-month lows and commodities tumbled on Thursday as weak data from China crystallized investor fears of a global recession one day after a grim economic outlook from the Federal Reserve.
Riffat Mughal

KMI nosedives over worsening US-Pak ties - 0 views

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    KARACHI: Market is looking for positive triggers and foreign institutional support amid diplomatic tensions and political uncertainty. Circular debt issue again hovering over oil stocks. Market is expected to recover somewhat today after last day decline.
Riffat Mughal

SNGPL faces criticism over gas curtailment - 0 views

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    LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) criticized by All Pakistan Textile Mills Association (APTMA) over gas curtailment to the textile industry despite government of Pakistan assurance to supply gas for five days a week.
Riffat Mughal

Board meetings and closure periods - 1 views

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    KARACHI: Fauji Fertilizer Bin Qasim Ltd (FFBL) has declared the "Closed Period" from October 17, 2011 to October 25, 2011 (both days inclusive) in a notice issued to Karachi Stock Exchange on Friday.
Riffat Mughal

Asian stocks in worst month since October 2008 - 0 views

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    HONG KONG: Asian stocks fell on Friday, extending the worst monthly performance since the most volatile days of the global financial crisis in October 2008, with Chinese shares racking up sharp losses.
Halal Tamweel

Halal stocks: Market likely to remain range-bound - 0 views

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    KARACHI: Foreign selling has impacted investors' confidence. Trade is concentrated in some stocks and they are now trading at inflated levels. Market is expected to remain range bound today and will be focusing on monetary policy ease in next couple of days.
Halal Tamweel

Mari Gas declares closure period - 0 views

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    KARACHI: Mari Gas Company Limited (MARI) has declared the "Closed Period" from September 19, 2011 to September 26, 2011 (both days inclusive) in a notice issued to Karachi Stock Exchange (KSE) on Tuesday.
Halal Tamweel

PRL declares closure period - 0 views

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    KARACHI: Pakistan Refinery Limited (PRL) has declared "Closed Period" from September 6, 2011 to September 16, 2011 (both days inclusive) in a notice issued to Karachi Stock Exchange (KSE) on Monday.
Halal Tamweel

Companies declare closing periods - 0 views

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    KARACHI: Pak Datacom Limited (PAKD) has declared the "Closed Period" from September 14, 2011 to September 21, 2011 (both days inclusive), in a notice issued to Karachi Stock Exchange on Thursday.
Riffat Mughal

Maple Leaf declares closure period - 0 views

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    KARACHI: Maple Leaf Cement Factory Limited (MLCF) has declared the "Closed Period" from September 20, 2011 to September 27, 2011 (both days inclusive) in a notice issued to Karachi Stock Exchange (KSE) on Tuesday.
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