Archive for the Breaking Stories Category

Crude mixed in Asia over US debt impasse worries

Posted on July 29, 2011

Crude prices were mixed in Asian trade Thursday, with investors fretting over the state of the US economy as lawmakers scrambled for a compromise to avert a devastating default, analysts said. New York’s main contract, light sweet crude for delivery in September, fell 28 cents to $97.12 per barrel in the afternoon. Brent North Sea [...]

KASB Says KSE-100: Buy signal generated in the oversold region

Posted on March 24, 2011

The index registered a higher high and a higher low and in the process, gave the requisite confirmation of a bottom. The Stochastic Oscillator has generated a buy signal in the oversold region. Moreover, the RSI has also shown improvement which further supports the bullish view. We maintain our buy stance on the market. TD25-03-11

AKD Says: Immediate downtrend would reverse above 11658~11677

Posted on March 23, 2011

The benchmark KSE recovered 0.99 percent, or 112.92 points on Tuesday to settle at 11488.06 level, with turnover of 52.28mn shares against 47.64mn shares traded a day earlier.  AKD_Technical_Outlook_March_24_2011The emergence of a candlesticks harami at 76.4 percent retracement (11346) of Feb 28 to March 10 recovery (11077~12218) depict that the decline is exhausting itself –Neutral. [...]

KASB Says: LOTPTA: Eyeing all-time high 1Q and volatility beyond that

Posted on March 23, 2011

As 1Q11 rears its end, we are increasingly bullish on LOTPTA declaring all-time high earnings of PRs1.4/sh due to strong primary margins during in the period. The disastrous earthquake and tsunami affecting Japanese PX supply and planned turnarounds in PTA plants during Mar-Apr should inflate prices and volatility in primary margins for 2Q11E. While primary [...]

A Senior Peoples Party Worker throws shoes at Zardai

Posted on August 7, 2010

Who throws shoes on zardari? A senior people party worker throws shoes at Zardari, in Rendezvous convention where only selected people were invited by the Pakistan Embassy, there have allegation every where Zardari visited , people holding play cards and signs saying GO ZARDARI GO for the absence of zardari as his primary duty to be with Pakistani people at [...]

Pakistani president Asif Ali Zardari attacked with two shoes in UK

Posted on August 7, 2010

Man Throws Shoes At Pakistani President Asif Ali Zardari.A man is reported to have protested during the speech of President Asif Ali Zardari at Pakistan People’s Party’s convention here on Saturday Watch Video Shoe Attack Asif Ali Zardari in Bermigham UK

KSE 5 Years Progress Report

Posted on June 15, 2010

kse progress report, 5 Years Progress Report, kse

Shariah Compliant Stocks at KSE

Posted on June 15, 2010

Shariah Compliant Stocks at KSE based on the review period ending December 09 (in alphabetical order KSE 100 Most recognized index of the KSE Representation from all sectors of the KSE and includes the largest companies on the basis of their market capitalization Represents over 85% of the market capitalization of the Exchange. Download KSE [...]

G7 NATIONS PLEDGE DEBT RELIEF FOR QUAKE-HIT HAITI

Posted on February 7, 2010

OTTAWA: The world”s leading industrialised nations have pledged to write off the debts that Haiti owes them, following a devastating earthquake last month. Canada”s finance minister announced at a summit in Iqaluit, northern Canada that Group of Seven countries planned to cancel Haiti”s bilateral debts. Jim Flaherty said he would encourage international lenders to do [...]

OIL PRICES WEAKEN AT END OF WEEK

Posted on February 7, 2010

SINGAPORE: World oil prices fell in the wake of weaker-than-expected US jobs data and at the end of a volatile week for global financial markets. New York”s main futures contract, light sweet crude for delivery in March, lost 34 cents to 72.80 dollars a barrel. London”s Brent North Sea crude for March dropped 69 cents [...]