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Riffat Mughal

Urea offtake down, DAP sales up - 0 views

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    KARACHI: Fertilizer offtake improved by nominal 4 percent YoY to 5.12 million tons during eight months of calendar year Jan-Aug as compared to 4.95 million tons in the same period last year, according to the latest figures disclosed by National Fertilizer Development Centre (NDFC).
Riffat Mughal

Chinese company sets to invest in Pakistan power sector - 0 views

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    ISLAMABAD: Chinese company M/S Dongfang Electric Corporation (DEC) is all set to invest in various sectors of energy generation in the country.
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

Pak rupee gains against dollar - 0 views

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    KARACHI: Pakistani rupee gained 50 paisas against US dollar in the open market which closed at Rs 89.50 on Tuesday.
Riffat Mughal

KMI likely to take U-turn on global stocks recovery - 0 views

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    KARACHI: Positive triggers and foreign institutional support is needed in the market amidst diplomatic tensions and political uncertainty. Since the market is following global trend recently, the movements in global markets will also be an important determinant shaping the course of the market. Market is expected to recover somewhat today after central bank's intervention to support the rupee.
Riffat Mughal

Range-bound trading at Pakistan cotton market - 0 views

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    KARACHI: Current rates of cotton attracted millers to indulge in active buying despite trading remained range bound at Pakistan cotton market on Tuesday.
Riffat Mughal

Pakistan gold rates up - 0 views

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    KARACHI: Gold rates in Pakistan shoot up again on Tuesday in major bullion markets of the country following recovery in international gold market.
Riffat Mughal

Maple leaf reports loss for 2nd consecutive year - 0 views

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    KARACHI: The Board of Directors of Maple Leaf Cement Limited (MLCF) met on Tuesday to review the company's financial and operating performance for the year ended June 30, 2011.
Riffat Mughal

NBFI, MAP stress on comprehensive Shariah Compliance system - 0 views

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    ISLAMABAD: The non-bank financial institutions (NBFI) and Modaraba Association of Pakistan (MAP) Tuesday stressed the need for comprehensive system of Shariah compliance to keep intact the confidence of the stakeholders in the Islamic financial system.
Riffat Mughal

PPL appoints new managing director - 0 views

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    KARACHI: Pakistan Petroleum Limited (PPL) has appointed Mr. Asim Murtaza Khan as new chief executive /Managing Director, informed a notice issued to the Karachi Stock Exchange on Wednesday.
Riffat Mughal

Asian stocks edge up, euro stalls as caution prevails - 0 views

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    SINGAPORE: Asian stocks edged higher and a rally in the euro stalled on Wednesday, as investors looked for more signs that European leaders were tackling a debt crisis that threatens the financial system before committing bolder market bets.
Riffat Mughal

Pakistani forex reserves fall to $17.64bln - 0 views

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    KARACHI: Pakistan's foreign exchange reserves fell to $17.64 billion in the week ending Sept. 17 from $17.79 billion the previous week, the central bank said on Thursday.
Riffat Mughal

Stocks, euro fall on caution about Europe crisis moves - 0 views

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    SINGAPORE: Asian shares and the euro fell on Monday as investors reacted cautiously to reports that European leaders were working on new ways to stop the fallout from the euro zone sovereign debt crisis wreaking more damage on the world economy.
Riffat Mughal

Pakistan cotton prices moves up - 0 views

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    KARACHI: On the back of higher demands Pakistan cotton prices witnessed modest gained on Wednesday as mills indulged in active trading. The Karachi Cotton Association (KCA) official spot rates moved up by Rs 100 to Rs 6,400 on Wednesday, dealers said.
Riffat Mughal

PNSC posts decline in earnings - 0 views

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    KARACHI: Pakistan National Shipping Corporation (PNSC) has announced its financial result for the year ended Jun 30, 2011.
Riffat Mughal

Gold falls 1pct on dollar strength; investors cautious - 0 views

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    SINGAPORE: Gold slipped 1 percent in volatile trade on Wednesday as the U.S. dollar regained strength on doubts over the progress of Europe's efforts to tackle the region's debt crisis, while this week's brutal correction also kept investors at bay.
Riffat Mughal

Dubai's Tamweel plans up to $500mln Sukuk in Q4 - 0 views

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    DUBAI: Islamic mortgage lender Tamweel, whose shares resumed trading in May, will issue a $300-$500 million sukuk, or Islamic bond, in the fourth quarter, the acting chief executive of the Dubai-based company said on Tuesday.
Riffat Mughal

Food export increases by 33.53 percent in two months - 0 views

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    ISLAMABAD: The export of food commodities from the country during the first two months of current financial year registered an increase of 33.53 percent as against the export of same period last year.
Riffat Mughal

World stocks bounce on hopes for euro zone action - 0 views

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    SINGAPORE: European stock index futures rose sharply on Tuesday, after Asian shares rebounded from multi-month lows and as the euro clung to gains on hopes that euro zone officials will act to corral Greece's debt woes and prevent a financial meltdown.
Riffat Mughal

Oil, gold lead commodity gains as outlook improves - 0 views

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    SINGAPORE: Oil and gold led gains in commodities in Asia on Tuesday as investors bet Europe's plan to shore up banks would reduce the risks of a widespread banking crisis in the euro zone, prompting investors to reduce holdings of the U.S. dollar.
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