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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.
Halal Tamweel

Pakistani rupee firms against dollar - 0 views

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    KARACHI: The rupee firmed on Tuesday to close at 87.42/52 to the dollar, compared with Monday's close of 87.43/53 but dealers expect pressure on the rupee due to negative sentiment surrounding the country's economic outlook.
Halal Tamweel

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

Pak-backed advisory firm launches Islamic Finance training projects in Bahrain - 0 views

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    MANAMA: Tajweez Advisory Co. WLL, the first Pakistani-backed advisory firm in Bahrain in the Islamic finance sector, has launched their Islamic Finance 360 training project at the Institute of Bankers Pakistan.
Riffat Mughal

Gold extends gains as equities drop - 0 views

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    SINGAPORE: Gold rose further on Monday as falling equities and lingering worries about a debt crisis in Europe drew investors to the metal, but a firm U.S. dollar could cap gains.
Halal Tamweel

S. Africa's Absa acquires Islamic insurance firm - 0 views

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    JOHANNESBURG: South Africa's Absa Group has acquired Takaful, the only firm offering Islamic insurance in Africa's biggest economy, for an undisclosed amount, Business Day newspaper said on Friday, citing an Absa executive.
Halal Tamweel

Firm buying at Pakistan cotton market - 0 views

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    KARACHI: Persisting rains in Sindh damaged crop further, bad sewerage systems in the province not only created transportation problems but also damaged roads which caused late delivery of cotton at the market.
Halal Tamweel

Pakistani rupee hits fresh record low against dlr - 0 views

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    KARACHI: The Pakistani rupee hit its second record low against the dollar in two days on Friday, touching 87.92 on increased import payments and pessimism about the country's economic outlook before firming to 87.75/78 at the close.
Halal Tamweel

Brisk trading activities witness at Pakistan Cotton - 0 views

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    KARACHI: Pakistan cotton market observed brisk trading on Wednesday amid firm prices. The Karachi Cotton Association (KCA) official spot rate remained intact at Rs 7,400 on Wednesday while physical prices were recorded at Rs 7,600, dealers said.
Riffat Mughal

Islamic finance industry facing challenges - 0 views

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    DUBAI: Growth of the global Islamic asset management industry will likely halt or reverse this year as the industry struggles with poor sentiment in financial markets and lacklustre interest among Islamic institutional investors, said Jahangir Aka, senior executive officer at asset management firm SEI Investments.
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.
Halal Tamweel

Pakistan cotton prices up | HALALTAMWEEL.COM - 0 views

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    KARACHI: Pakistan cotton prices increased with improved volumes during trading session on Tuesday. Rates are expected to stay firm at current levels due to decline in unsold stock. In case of further increase in demand, rates may go up.
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