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Asia stocks up, bearish bets trimmed ahead of Europe meet - 0 views

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    SINGAPORE/HONG KONG: Asian stocks jumped on Friday and the euro steadied, after rising sharply the previous day, as investors hoped for a big policy move from European finance ministers to combat the debt crisis.
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    SINGAPORE/HONG KONG: Asian stocks jumped on Friday and the euro steadied, after rising sharply the previous day, as investors hoped for a big policy move from European finance ministers to combat the debt crisis.
Riffat Mughal

Pakistani forex reserves fall to $17.79bln - 0 views

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    KARACHI: Pakistan's foreign exchange reserves fell to $17.79billion in the week ending Sept. 10, from $18.06 billion in the previous week, the central bank said on Thursday.
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    KARACHI: Pakistan's foreign exchange reserves fell to $17.79billion in the week ending Sept. 10, from $18.06 billion in the previous week, the central bank said on Thursday.
Halal Tamweel

First Al-Noor Modaraba reports surge in profits - 0 views

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    KARACHI: First Al-Noor Modaraba (Pvt.) Ltd profit after taxation reported outshined growth of 170.89 percent year on year (YoY) to Rs 29.892 million during the financial year 2011 (FY11) as compared to Rs 11.034 million in the previous year.
Riffat Mughal

Analysis: Pakistan Refineries GRMs improved in 1QFY11-12 - 0 views

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    Gross Refinery Margins (GRMs) for local refineries improved by 11 percent quarter on quarter (QoQ) at $3 per barrel in the first quarter of the financial year 2011-2012 (1QFY11-12) as compared to $2.7 per barrel reported in the previous quarter.
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    Gross Refinery Margins (GRMs) for local refineries improved by 11 percent quarter on quarter (QoQ) at $3 per barrel in the first quarter of the financial year 2011-2012 (1QFY11-12) as compared to $2.7 per barrel reported in the previous quarter.
Riffat Mughal

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.
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

LSM growth remained flat - 0 views

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    KARACHI: The month of July witnessed nominal growth in Large Scale manufacturing growth as it recorded growth of mere 0.68 percent to place the Quantum Index Numbers of the LSM Industries at 207.04 points as compared to 205.64 points in the corresponding period of the previous year, according to the latest statistics released by Federal Board of Statistics (FBS)
Riffat Mughal

Noon Pakistan yearly profits surged by 52.28pct in FY11 - 0 views

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    KARACHI: Noon Pakistan Limited (NOPK) profits for the year surged by 52.28 percent year on year (YoY) to Rs 41.551 million in the financial year 2011 (FY11) as compared to Rs 27.285 million reported in the previous year.
Riffat Mughal

Pakistani forex reserves fall to $17.38bln - 0 views

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    KARACHI:Pakistan's foreign exchange reserves fell to $17.38 billion in the week ending Sept. 24 from $17.64 billion the previous week, the central bank said on Thursday.
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

Pakistan's forex reserves fall to $17.35bln - 0 views

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    KARACHI: Pakistan's foreign exchange reserves fell marginally to $17.35 billion in the week ending Oct. 1 from $17.38 billion the previous week, the central bank said on Thursday.
Halal Tamweel

Cement prices increased - 0 views

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    KARACHI: Cement manufacturers in the southern region has elevated the prices of cement bags by Rs 15 per 50kg bag by following their peers in northern region who increased the cement bag prices in the previous month.
Halal Tamweel

KESC posts Rs 9.393 bln losses in FY11 - 0 views

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    KARACHI: Karachi Electric Supply Company Limited (KESC) loss after taxation decreased by 35.84 percent year on year (YoY) to Rs 9.393 billion as compared to Rs 14.641 billion in the previous year. KESC losses recovered during financial year 2011 (FY11) in volumes despite reduced profit margins.
Halal Tamweel

Brent above $102; Libyan oilfield may be in ruins - 0 views

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    SINGAPORE: Brent crude held above $102 after surging in the previous session as pessimism about weaker demand was outweighed by a surprise drawdown of U.S. inventories and concerns that Libya's largest oilfield could be damaged.
Halal Tamweel

ATRL reports healthy profits in FY11 - 0 views

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    KARACHI: Attock Refinery Limited (ATRL) has reported healthy profits of Rs 2.185 billion as compared to Rs 0.126 billion in the previous year, mentioned in a notice issued by the company to Karachi Stock exchange.
Halal Tamweel

Auto sales decline in August - 0 views

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    KARACHI: The sales of automobiles in a country witnessed a steep decline of 31 percent in month of August because of weakening demand in country as compared with the previous month of July, according to the data released by Pakistan Automotive Manufacturers Association (PAMA).
Riffat Mughal

KIIOF reports net loss of Rs 18.413mln in FY11 - 0 views

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    KARACHI: KASB Islamic Income Opportunity Fund (KIIOF) (formerly KASB Islamic Income Fund) has reported net loss of Rs 18.413 million year on year (YoY) as compared to Rs 5.021 million net profits in the previous year.
Halal Tamweel

FDI falls to $21 million during August - 0 views

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    KARACHI: Foreign Direct Investment (FDI) continued its declining trend and went down to $21 million in the month of August against $91 million in the previous month, according to the latest data issued by State Bank of Pakistan (SBP).
Riffat Mughal

CPI down by 11.56pct during August - 0 views

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    KARACHI: According to the latest statistics released by Federal Bureau of Statistics (FBS), Consumer Price Index (CPI) fell to 11.56 percent on year on year basis in August 2011 against 13.8 percent recorded in previous month, which is much lesser than the market expectation.
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.
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