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Quaid-e-Azam Expect the best, Prepare for the worst...
Islamabad: The petroleum prices are likely to increase next week following the increase in petroleum prices in the international market. According to the details, the prices of the petroleum products are expected to be increased to Rs 7 per litre. As per the sources, the per litre prices of petrol and diesel could be increased […]
Islamabad: (Friday, August 10, 2012) With the POL products getting expensive in the international oil market, the domestic market is also likely to observe a significant price hike in various petroleum products. According to the sources, the government is mulling over increasing petrol prices by at least Rs. 1 per litre . Similar to petrol, […]
Islamabad: (Thursday, July 12, 2012) Contrary to the earlier news according to which a summary for bringing the POL prices down further was to be sent to the government for approval, on lateral thoughts, the Oil and Gas Regulatory Authority (OGRA) has sent a summary to the government seeking permission to increase the petroleum prices […]
Singapore: (Wednesday, July 11, 2012) The price for crude oil in Asian markets have gone up as the bargain hunting traders expressed greater interest for buying following an overnight price slump that was sparked by the end of a Norwegian oil workers’ strike. According to the details, the New York’s main contract, light sweet crude […]
Karachi: (Monday, July 02, 2012) As volatile as ever to the news about Pakistan’s international relations, particularly with the US, the Karachi Stock Exchange exhibited an increasing trend mainly due to the hopes for improved ties with the United States in the near future. Sharing details over the market activity today, a dealer said that […]
KSE up on news about PAK US ties to get softened Karachi: (Monday, June 18, 2012) Following news about the strife between US and Pakistan getting down in next few weeks, the country’s main stock market exhibited recovery as the business closed today. Such positive news left a good impression on the KSE 100 index […]
KSE recovers: Market closes at 90.35 points higher Karachi: (Friday, June 01, 2012) After being through extensive pressure culminating in putting the investors off, the Karachi Stock Exchange (KSE) finally recovered today and observed a healthy buying trend, pushing the market 90.35 points higher. According to the market sources, the optimism among the investors prevailed […]
LPG costlier by Rs 5 per KG Karachi: (Tuesday, May 29, 2012) Liquified Petroleum Gas (LPG) marketing companies have increased its prices by at least Rs 5 per Kg. According to a market survey conducted after the price hike, LPG is being sold country wide in the range of Rs 99 to Rs 110 per […]
Pakistan Economy: KSE ends bullish; rupee hit new low against dollar Karachi: (Monday, May 28, 2012) The Karachi Stock Exchange (KSE) witnessed bullish trend today with cement and fertilizer sectors attracting most of the new buyers. Amid this positive trend, the market closed at 14,000 points. Driven by the increased buying, the KSE 100 index […]
Karachi Stock Exchange up by 163 points Karachi: (Tuesday, March 27, 2012) The Karachi Stock Exchange (KSE) benchmark 100 index ended up 1.23 percent higher today with recording an improvement of 163 points and closing at 13,449.73 points. However, the total volume of shares, in comparison to yesterday’s trading of 278 million shares, drastically fell […]
Pakistan’s forex reserves witness marginal improvement Karachi: (Thursday, February 02, 2012) In the week ending on January 27, Pakistan’s foreign exchange reserves witnessed a marginal improvement as from $ 16.80 billion in the previous week; they have reached to $ 16.87 billion, reported State Bank of Pakistan today. Lately, the highest level forex reserves maintained […]
Petrol dearer by Rs 5.37 per liter: OGRA announces new POL prices Islamabad: (Tuesday, January 31, 2012) Oil and Gas Regulatory Authority (OGRA) has increased the prices of all POL products, culminating in making petrol expensive by a staggering Rs 5.37 per liter. As per the announcement made by OGRA, petrol will now sell at […]
