Pak rupee gains against dollar - 0 views
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Riffat Mughal on 28 Sep 11KARACHI: Pakistani rupee gained 50 paisas against US dollar in the open market which closed at Rs 89.50 on Tuesday.
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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.
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.
U.S. gold gains 1pct on euro; equities weigh - 0 views
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SINGAPORE: U.S. gold futures gained 1 percent to above $1,630 an ounce on Wednesday, driven by a return to bargain hunting after prices dropped the previous day, while purchases from jewellers helped the precious metal shrug off a volatile euro.
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.
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.
Oil heads for weekly gain on central banks' Europe crisis move - 0 views
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SINGAPORE: Oil was headed for a weekly gain on Friday after central banks launched coordinated action to boost European bank funding, easing concern about falling oil demand from industrialised consumers.
Brent stays above $110, boosted by Mideast tensions, Europe bailout - 0 views
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SINGAPORE: Brent crude stayed above $110 on Wednesday, holding onto its previous session gains, as Iran's escalating tensions with the West and an agreement by euro zone ministers to ramp up the firepower of their bailout fund helped support prices.
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.
Asian shares fall on caution over euro zone bailout progress - 0 views
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TOKYO: Asian shares fell and the euro trimmed gains on Wednesday as caution set in over the chance for more progress in resolving euro zone debt woes after officials agreed to strengthen a rescue fund and seek more aid from the International Monetary Fund.
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.
KMI Weekly: Index gains 494.49pts - 0 views
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KARACHI: The Halal stocks KMI-30 share index went up by 494.49 points or 2.40 percent during the last week. KMI-30 Index closed at the level of 21,122.57 as compared to the last week's closing level of 20,628.08 points.
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.
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.
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.
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.
Stocks, euro fall, gold gains on Europe worries - 0 views
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TOKYO: Asian stocks extended losses, partly dragged lower by a plunge in Hong Kong shares, and the euro fell on Monday on deepening concerns that the euro zone's debt crisis will dampen global growth.
KMI Weekly: Index gains 190.73pts - 0 views
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KARACHI: The Halal stocks KMI-30 share index went up by 190.73 points or 0.90 percent during the last week.
Asian stocks fall, dollar gains on Europe woes - 0 views
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SINGAPORE: Asian stocks slid on Monday and the euro sank to a 10-year low against the yen, after the resignation of a top German European Central Bank board member cast further doubt on the region's ability to tackle its worsening sovereign debt crisis.
Oil falls $1 as dollar gains, investors shun risk - 0 views
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SINGAPORE: Oil fell by more than $1 on Monday as the dollar strengthened and investors shunned commodity risk because of Europe's deepening sovereign debt crisis, while economic gloom dampened the outlook for energy use.