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Home / Author Archives: Shahid Imran (page 10)

Author Archives: Shahid Imran

Cooking oil smugglers active in Southern Thailand

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BANGKOK: Malaysian Authorities have stepped up their crackdown on smuggling of subsidised cooking oil into southern Thailand just for profit. The smuggled goods are displayed openly at stalls in a market that straddles the border between Wang Kelian in Malaysia’s Perlis state and Wang Prachan in Satun province, according to The New Straits Times. The oil is sold at 9 ... Read More »

KSE continues bearish trend, down 0.04% after closure on Kashmir day

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KARACHI: The Karachi Stock Exchange benchmark 100-index lost 15.31 points or 0.04 percent to reach 34656.94 points and volume of 165,613,810 shares on last day of trading week, Friday. Till midday trading on Friday, the Karachi Stock Exchange continued upward streak with the benchmark 100-index surged to 34795.77 with positive change of 123.52 points or 0.36 percent owing to the ... Read More »

Closing: KSE continues bearish trend, down 0.04% after closure on Kashmir day

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KARACHI: The Karachi Stock Exchange benchmark 100-index lost 15.31 points or 0.04 percent to reach 34656.94 points and volume of 165,613,810 shares on last day of trading week, Friday. Till mid day trading on Friday, the Karachi Stock Exchange continued upward streak with the benchmark 100-index surged to 34795.77 with positive change of 123.52 points or 0.36 percent owing to ... Read More »

Australia blamed of promoting  Australian dollar to save iron ore miners

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CANBERRA: An American iron ore miner says Australia is “manipulating” its currency in a bid to save its iron ore exporters, who are so desperate for cash they are putting even the kangaroos for sale. In comments made on the same day the Reserve Bank of Australia cut interest rates to a historic low, Cliffs Natural Resources chief executive Lourenco ... Read More »

Australia blamed of promoting  Australian dollar to save iron ore miners

Article Lead - wide6576421812wrqfimage.related.articleLeadwide.729x410.135jzu.png1423035609551.jpg-620x349

CANBERRA: An American iron ore miner says Australia is “manipulating” its currency in a bid to save its iron ore exporters, who are so desperate for cash they are putting even the kangaroos for sale. In comments made on the same day the Reserve Bank of Australia cut interest rates to a historic low, Cliffs Natural Resources chief executive Lourenco ... Read More »

China releases two more South Korean drug offenders on bail

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SEOUL: China has freed on bail an additional two South Koreans.  They were arrested late last year on charges of drug trafficking. The two suspects are among 14 South Koreans who were arrested in Guangzhou on Dec. 28 on suspicion of drug trafficking. China granted bail to 12 Korean suspects in late January. The move allows the suspects to freely ... Read More »

Australian multinationals make $388.4b through “hubs” in Singapore, Hong Kong  

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SYDNEY: The ATO is keeping watch over a large number of companies with international restructures or ‘significant cross-border arrangements. Australian companies sent more than $100 billion to related parties in the low-tax nation of Singapore and another $15.6 billion to “hubs” in Switzerland, new figures from the Tax Office reveal. The data, contained in the Australian Tax Office submission to ... Read More »

Dredging plan at Wellington port to cost $20-40 million

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WELLINGTON: A proposal to dredge Wellington Harbour to accommodate larger ships is being met with surprise. The project is expected to cost between $20-40 million. CentrePort currently handles about 100,000 containers a year compared with the nearly 970,000 by Ports of Auckland in the year ended June last year. Transport planning and economics consultant Richard Paling said the plan is ... Read More »

KSE suffers 154pts loss, down 0.44% despite ‘favorable economic conditions’

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 154.26 points or 0.44 percent to reach 34672.25 points and volume of 230,121,490 shares on Wednesday, despite government’s portrayal of national economy as most favorable to investors and traders, in a briefing to senate standing committee. The benchmark KSE-100 Index reached 34849.19 points owing to the rise in oil prices in the ... Read More »

LSE witnesses bullish trend, gains 2.41 points

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LAHORE: Lahore Stock Exchange here on Wednesday witnessed bullish trend by gaining 2.41 points as the LSE Index-25 opened with 6231.82 points and closed at 6234.23 points. The market’s overall situation, however, did not correspond to an upward trend as it remained at 2.314 million shares to close against previous turnover of 2.390 million shares, showing a downward slide of ... Read More »

Closing: KSE suffers 154pts loss, down 0.44% despite ‘favorable economic conditions’

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 154.26 points or 0.44 percent to reach 34672.25 points and volume of 230,121,490 shares on Wednesday, despite government’s portrayal of national economy as most favorable to investors and traders, in a briefing to senate standing committee. The benchmark KSE-100 Index reached 34849.19 points owing to the rise in oil prices in the ... Read More »

KSE gains 150pts or 0.43% to close at all time high 34826.51pts

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KARACHI: The Karachi Stock Exchange benchmark 100-index gained 150.20 points or 0.43 percent to reach 34826.51 points and volume of 234,971,620 shares on Tuesday. The benchmark KSE-100 Index reversed its early gains till mid day trading on Tuesday and went back to 34685.08 points from all-time high of 34819.79 points when it gained 143.48 or 0.41 percent in early trading ... Read More »

Closing: KSE gains 150pts or 0.43% to close at all time high 34826.51pts

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KARACHI: The Karachi Stock Exchange benchmark 100-index gained 150.20 points or 0.43 percent to reach 34826.51 points and volume of 234,971,620 shares on Tuesday. The benchmark KSE-100 Index reversed its early gains till mid day trading on Tuesday and went back to 34685.08 points from all-time high of 34819.79 points when it gained 143.48 or 0.41 percent in early trading ... Read More »

KSE cheers on PM’s appreciation, gains 232 pts or 0.67% on week start

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KARACHI: The Karachi Stock Exchange benchmark 100-index gained 232.44 points or 0.67 percent to reach 34676.31 points and volume of 234,971,620 shares on first day of trading week, Monday. Till mid day trade on Monday, the benchmark KSE-100 Index advanced to 34575.35 by gaining 131.48 points or 0.38 percent as compared to 34,444 points at which the index had closed ... Read More »

LSE ends trading in green zone

LAHORE: The Lahore Stock Exchange 25-Index witnessed bullish trend on first day of trading, Monday and gained 8.29 points to reach 6290.65 points and volume of 1,068,900 shares. About 96 companies took part in today’s trading session, 21 of which witnessed increase in share value and 12 companies lost their share value. The highest increase witnessed in price of the ... Read More »

Closing: KSE cheers on PM’s appreciation, gains 232 pts or 0.67% on week start

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 232.44 points or 0.67 percent to reach 34676.31 points and volume of 234,971,620 shares on first day of trading week, Monday. Till mid day trade on Monday, the benchmark KSE-100 Index advanced to 34575.35 by gaining 131.48 points or 0.38 percent as compared to 34,444 points at which the index had closed ... Read More »

Weekly review: KSE loses 462.6 points in weeklong trading

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KARACHI: The Karachi Stock Exchange (KSE) 100-index has lost 462.6 points in the weeklong trading, as it opened at 34908.47 points on Monday and closed at 34443.87 points on Friday. The Karachi Stock Exchange benchmark 100-index gained massive 439.94 points or 1.29 percent to reach 34466.53 points and volume of 249,086,480 shares on the first day of trading on Monday. ... Read More »

Closing: KSE-100 continues positive rally, adds 35pts as MQM strike ends

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KARACHI: The Karachi Stock Exchange benchmark 100-index gained 35.13 points or 0.10 percent to reach 34443.87 points and volume of 274,973,170 shares on Friday. The KSE-100 Index surged by 198.18 points or 0.58 percent to 34606.92 points and 153,115,840 till mid day trade  as normality returned after the partial closure of business activities on the call made by MQM on ... Read More »

KSE ends trading on positive note, up 0.06% as cement leads rally

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 21.87 points or 0.06 percent to reach 34408.73 points and volume of 162,991,660 shares on Thursday. The benchmark KSE-100 index appreciated by 39.88 points or 0.12 percent to reach 34426.74 points and volume of 70,641,280 shares till mid day trade on Thursday. The High and Low were 34502.27 and 34368.25 respectively. The ... Read More »

Closing: KSE ends trading on positive note, up 0.06% as cement leads rally

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 21.87 points or 0.06 percent to reach 34408.73 points and volume of 162,991,660 shares on Thursday. The benchmark KSE-100 index appreciated by 39.88 points or 0.12 percent to reach 34426.74 points and volume of 70,641,280 shares till mid day trade on Thursday. The High and Low were 34502.27 and 34368.25 respectively. The ... Read More »