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Friday, March 19 2010
Appointment of adviser to PM on finance takes KSE 18 points up
The Karachi stock market closed in the green zone on Thursday due to appointment of Abdul Hafeez Sheikh as adviser to the prime minister on finance and foreign interest in oil and gas, bank and fertilizer sectors.
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LSE gains 40 points
The Lahore stock market on Thursday witnessed bullish trend as the LSE-25 Index gained 39.96 points to close at 3,154.29 points as compared to 3114.33 points on Wednesday. The total turnover decreased to 8.505 million shares as compared to 13.726 million shares on Wednesday showing a difference of 5.220 million shares.
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ISE loses five points
The Islamabad stock market closed in the red zone on Thursday as the ISE 10-share index dropped by 4.96 points to close at 2,457.77 points from its previous level of 2,462.73 points. Of the total 148 participant companies, 73 climbed upward and 75 turned negative.
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Meezan Bank gets award
Meezan Bank, Pakistan’s first and largest Islamic bank, has been awarded ‘Best Islamic Bank in Pakistan’ award for 2009 by Islamic Finance News of REDmoney group, Malaysia.
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DG Khan' to invest in NML
D.G Khan Cement Company has convened an extra-ordinary general meeting of shareholders on April 19, 2010 to get approval for making an investment of Rs 376.007m in the equity of Nishat Mills Ltd (NML) by way of subscribing ordinary right share at premium.
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