Halal Tamweel

KARACHI: Gold rates in Pakistan jumped up on Tuesday in major bullion markets of the cities followed by the rally in international market.

TOKYO: Asian stocks rebounded from steep losses over the past several sessions on Wednesday, after tentative signs that European leaders are stepping up their efforts to stop the region's sovereign debt woes from sparking a full-blown banking crisis.

ISLAMABAD: The government is actively engaged to pave way for import of 500 MMCF Liquefied Natural Gas (LNG) on emergent basis to be exclusively used for generation of 2500 megawatts electricity in the country.

KARACHI: Market is likely to be positive today over hike in urea prices as fertilizer stock is expected to continue the rally. Investors are bullish about the sector owing to high dividend expectations and seem to be less concerned about gas curtailment to the sector.

International Commodities Rates

ISLAMABAD: Pakistan's annual inflation rate eased in September, with the consumer price index (CPI) rising 10.46 percent from a year earlier, compared with 11.56 percent in August, the Federal Bureau of Statistics said on Monday.

KARACHI: The board of directors of Tariq Glass Industries Limited (TGL) has approved the financial information of the company for the year ended June 30, 2011 on Monday, according to the notice issued by company to the Karachi Stock Exchange (KSE).

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.

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.

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.

KARACHI: Dull trading activities witnessed at cotton market amid higher phutti arrivals pushed cotton prices down on Saturday.

KARACHI: The Halal stocks KMI-30 share index went up by 190.73 points or 0.90 percent during the last week.

International Commodities Rates

KARACHI: Pak Suzuki Motor Company on Saturday has increased prices of different models in the range of Rs 14,000 to Rs 30,000.

KARACHI: Pakistan Petroleum Limited (PPL) made two new gas and condensate discoveries, namely Makori East-1 and Tolanj X-1, during the fiscal year ended on June 30, 2011, reported in company's annual report.

KARACHI: Fauji Fertilizer Bin Qasim Ltd (FFBL) has declared the "Closed Period" from October 17, 2011 to October 25, 2011 (both days inclusive) in a notice issued to Karachi Stock Exchange on Friday.

KARACHI: Safe Mix Concrete Products Limited (SMCPL) has announced financial results for the year ended June 30, 2011, said the notice issued by the company to Karachi Stock exchange (KSE) on Friday.

SINGAPORE: Gold jumped more than 1 percent on Friday after Germany approved the expansion of the euro zone bailout fund, offering temporary relief to investors, but the precious metal was heading for its worst monthly decline in three years.

HONG KONG: Asian stocks fell on Friday, extending the worst monthly performance since the most volatile days of the global financial crisis in October 2008, with Chinese shares racking up sharp losses.

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.