Friday, March 12 2010

Foreign interest in blue chips pushes Karachi stocks 95 pts up
The Karachi stock market observed a bullish trading session on Thursday on account of continued foreign investment in telecom, banks and power sectors.
Related news categories: kse stock-exchanges

LSE rises 39 points
The Lahore stock market on Thursday witnessed a bullish trend as the LSE 25-share index gained 39.16 points to close at 3,120.79 points as compared to 3,081.63 points on Wednesday. The total turnover also increased to 12.697 million shares as compared to 9.087 million shares on Wednesday, showing a difference of 3.609 million shares.
Related news categories: lse stock-exchanges

ISE surges 26 points
The Islamabad stock market faced a firm trading session on Thursday as the ISE 10-share index was up by 25.93 points to close at 2,419.27 points from its previous level of 2,393.34 points. Of the total 159 participant companies, 103 climbed upward and 56 turned negative.
Related news categories: ise stock-exchanges

Oil steadies after recent surge
Oil prices were steady on Thursday as investors paused for breath following recent gains made after data that showed stronger US energy demand, analysts said. New York’s main contract, light sweet crude for April delivery, was up four cents to $82.13 per barrel.
Related news categories: oilgas-marketing

New policy needed to resolve sugar industry crisis
Members of the Senate’s Standing Committee on Commerce warned the trade managers of the country to prepare afresh sugar policy aiming at saving foreign exchange through reduced imports, purchasing from local industry and benefiting consumers.
Related news categories: sugar