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Riffat Mughal

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.
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.
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

China cotton importers reduce bookings, await quotas -report - 0 views

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    BEIJING: Chinese cotton importers are refraining from booking shipments before April because of uncertainty over the timing and volume of sliding-tariff quotas for 2012, according to a report on an industry web site on Wednesday.
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

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

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

Weekly inflation goes up - 0 views

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    KARACHI: The Sensitive Price Indicator (SPI), for the lowest income group up to Rs.8,000 has registered a increase of 0.09 percent for the week ended on September 29 over the previous week.
Halal Tamweel

Asian stocks up on Europe optimism, credit - 0 views

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    TOKYO: Asian shares rose on Thursday, as optimism over Europe's efforts to aid the euro zone's financial sector and U.S. data suggesting the economy could avoid recession spurred short-covering and value-hunting.
Riffat Mughal

KMI gains 266.43pts over healthy economic data - 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

Pakistan cotton rates decline by Rs 300 - 0 views

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    KARACHI: The spot rate at Pakistan cotton market lowered on Tuesday over phutti arrivals and ample supply pushed cotton prices down. The Karachi Cotton Association (KCA) official spot rate declined by Rs 300 to Rs 7,000 on Tuesday, dealers said.
Riffat Mughal

Oil slips for 2nd day on debt concerns, dollar - 0 views

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    SINGAPORE: Brent crude slipped below $112 a barrel on Monday as Europe stumbled over attempts to solve the euro zone debt crisis, strengthening investor fears commodity demand growth may slow.
Riffat Mughal

Weekly inflation down by 0.11pct - 0 views

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    ISLAMABAD: The Sensitive Price Indicator (SPI), for the lowest income group up to Rs.3,000 has registered a decrease of 0.11 percent for the week ended on September 15 over the previous week.
Riffat Mughal

Euro slides 1pct after EU disappoints - 0 views

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    SINGAPORE/SYDNEY: The euro got off to a rocky start on Monday, with its weakness gathering pace after a series of political setbacks in Europe over the weekend prompted a flight to safety.
Halal Tamweel

Pakistan cotton rates steady over brisk trading - 1 views

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    KARACHI: The return of ginneries and arrivals of Phutti allowed Pakistan cotton market to witness brisk trading activities on Friday. The Karachi Cotton Association (KCA) official spot rate remained intact at Rs 7,400 while physical prices were recorded at Rs 7,450, dealers said.
Riffat Mughal

KMI lost 81.41pts over global stocks meltdown - 0 views

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    KARACHI: The Halal stocks index KMI 30 went up by 81.41 points on Friday to close at 21,122.57 points as against 20,819.35 points, the closing figure of the previous session.
Riffat Mughal

Pakistan gold prices follow downward trend - 0 views

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    KARACHI: Pakistan gold rates dropped significantly on Friday in major bullion markets of the country following decline in international gold market amid concern over international economy and debt fears.
Halal Tamweel

Oil slips as market seen capped by Europe crisis - 0 views

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    SINGAPORE: Oil fell on Wednesday, pulling U.S. crude off six-week highs, as investors saw little upside from declining inventories in an environment where the euro zone debacle is taking precedence over tightening supply.
Halal Tamweel

Gold extends losses on eurozone debt hopes - 0 views

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    SINGAPORE: Gold slipped more than half a percent on Thursday after equities rose and the euro ticked up on optimism over tentative steps by European policy makers to resolve and limit the region's debt crisis.
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