KARACHI: Brisk trading witnessed at Karachi cotton market on Saturday while spot rate remained unchanged. The Karachi Cotton Association (KCA) official spot rate remained intact at Rs 6,250 while physical prices were above Rs 6,600 and Rs 6,700 per maund, dealers said.
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.
KARACHI: Lucky Cement Limited (LUCK) holds 19 percent market share in overall Pakistan's cement industry during the first quarter of financial year 2011-2012 (1QFY11-12).
KARACHI: Gold rates in Pakistan improved by Rs 43 to close at Rs 48,728 per 10 grams in the local market Tuesday, as its international price also moved up to $ 1,718 an ounce, market sources said.
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.
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.
KARACHI: Heavy rains in Karachi caused thin trading activities at cotton market on Tuesday. However, persistent rains in Sindh and Punjab pushed cotton prices up and expectations regarding further damage of crop make buyers cautious.
KARACHI: The market is expected to remain range bound as the market is looking for positive triggers and concerns regarding the colossal damage to crops and infrastructure with diminished ability to seek foreign assistance poses questions about macroeconomic stability in months to come.
KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak on Friday unveiled the 2012 Budget of Malaysia in which sukuk (Islamic bond) market, has emerged as a feather in the cap for Malaysia's Islamic finance.
KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak on Friday unveiled the 2012 Budget of Malaysia in which sukuk (Islamic bond) market, has emerged as a feather in the cap for Malaysia's Islamic finance.
KARACHI: Brisk buying at cotton market pushed rates up. The prices at Karachi Cotton Association (KCA) surged by Rs 100 to Rs 6,200 on Friday, dealers said.
KARACHI: Brisk buying at cotton market pushed rates up. The prices at Karachi Cotton Association (KCA) surged by Rs 100 to Rs 6,200 on Friday, dealers said.
KARACHI: Result season is going to bring interest in refinery, exploration, banking and fertilizer stocks. Blue chips results might bring a positive momentum in the market. High dividend yielding stocks will remain in limelight. Market is expected to be range bound today as foreign institutional selling make investors cautious.
KARACHI: Diplomatic tensions with US, looming deterioration in international relations and lack of immediate support from IMF are putting investors off especially the foreign investors.
KARACHI: Lower cotton prices attracted mills to indulge in active buying and higher influx of phutti and seed cotton encouraged growers and farmers to sell at current prices on Saturday.
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.
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.
KUALA LUMPUR: Alkhair International Islamic Bank Malaysia is seeking central bank approval to start talks to acquire a Malaysian bank, its chief executive said on Thursday.