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KARACHI: Positive triggers and foreign institutional support is needed in the market amidst diplomatic tensions and political uncertainty. Since the market is following global trend recently, the movements in global markets will also be an important determinant shaping the course of the market. Market is expected to recover somewhat today after central bank's intervention to support the rupee.

KARACHI: Gold rates in Pakistan shoot up again on Tuesday in major bullion markets of the country following recovery in international gold market.

KARACHI: Bank Islami has announced the financial results for the half year ended on Jun 30, 2011 and showed an immense recovery as compared to last year, according to the notice sent to Karachi Stock Exchange (KSE) on Tuesday.

SINGAPORE/HONG KONG: Asian stocks edged up and the euro clawed back lost ground as investors waited for the end later on Wednesday of a Federal Reserve policy meeting expected to announce further steps to stimulate the flagging U.S. economic recovery.