Archive for April, 2009

Wall Street revved higher Friday as sentiment was boosted

Posted on April 26, 2009

Wall Street revved higher Friday as sentiment was boosted by Ford’s narrower-than-expected loss and data suggesting the ailing US economy may have found a bottom. The Dow Jones Industrial Average climbed 119.23 points (1.50 per cent) to close at 8,076.29, but blue chips ended the week with small losses after six weeks of gains. The [...]

CFS rates falls Karachi Stock Exchange

Posted on April 26, 2009

After having touched the recent high of 30 per cent, the CFS rates on the Karachi Stock Exchange last week posted a fractional fall of 14 basis points at 18 per cent as the demand for the new credit lines remained relatively low, according to analysts at the Invest Cap. The CFS MK-2 investment also [...]

Equities failed to show recovery signs at the Islamabad Stock Exchange

Posted on April 26, 2009

Equities failed to show recovery signs at the Islamabad Stock Exchange (ISE) where major players and short-term margin hunters offloaded their positions to avoid heavy loses amid decrease in index. ISE Ten Index showed a decrease of 54.57 points, as the ISE Ten Index moved from 1,679.15 to 1,624.58 points. The volume of trade amounted [...]

Heavy selling pressure continued at Karachi share market

Posted on April 26, 2009

Heavy selling pressure continued at Karachi share market due to below the expectations of corporate results and absence of leverage product and the benchmark KSE-100 index witnessed a further decline of another massive 238.45 points (3.15 percent) to close at 7,335.72 points level on Thursday. Both the retail investors and local institutions opted to offload [...]

LSE: Losers outclassed gainers with wide margin

Posted on April 26, 2009

LAHORE: Bears remained in the driving seat at the Lahore Stock Exchange (LSE) where losers outclassed gainers with wide margin under the lead of favourite scrips amid descending transaction volume on Thursday. The LSE-25 index further declined to 2117.90 against 2204.52 of Wednesday, depicting a fall of 86.62 points. While trading volume further squeezed to [...]

وفاق ایوان ہائے صنعت وتجارت میں میڈیا سینٹر قائم

Posted on April 24, 2009

کراچی ۔۔۔۔ وفاق ایوان ہائے ایوان صنعت وتجارت نے فيڈريشن ہاؤس کراچي ميں صحافيوں کے لئے ميڈيا سينٹر قائم کرديا ہے ميڈيا سينٹر کا افتتاح سارک چيمبر آف کامرس کے صدر اور ممتاز تاجر رہنما طارق سعيد نے کيا۔ميڈيا سينٹر کے قيام کي کوششيں بالآخر آٹھہ سال بعد بارآور ثابت ہوئيں