Thursday, May 17 2012

KSE plunges 233 pts on fall in global stocks
The Karachi stock market plunged sharply on Wednesday following fall in global stock markets as investors trimmed their positions over fears of more foreign selling if regional markets’ bearish trend continues.
Related news categories: kse stock-exchanges

Cement price falls by Rs 10-12 per 50kg bag
The price of cement in the country fell by Rs 10-12 per 50kg bag to Rs 418-420 per bag. Stock analyst Zaheer Ahmad said the price decline was due to slow down in construction activities as most of the labor force was employed for harvesting wheat, which was likely to be completed by end of May.
Related news categories: cement

Mutual Funds Association of Pakistan
Mutual Funds Association has issued open-end funds daily prices for Wednesday (May 16, 2012)
Related news categories: c-e-mutual-funds o-e-mutual-funds

THE RUPEE: dollar higher
The Pak rupee, in sympathy with the neighbouring India, fell in relation the dollar on the currency market on Wednesday, near to breach the barrier of 91 in the interbank market, experts said.
Related news categories: economic-indicators

SNGPL recovers over Rs 14 billion dues in 2011-12
Sui-Northern Gas Pipelines limited (SNGPL) has reported recovery of over Rs 14 billion from 165,441 defaulting industrial, commercial and domestic consumers in fiscal year 2011-12.
Related news categories: company-news oilgas-exploration oilgas-marketing
Related symbols: sngp (news stock)