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Author Archives: Shahid Imran

Closing: KSE 100-Index grazes all-time record of 31,000pts with 0.001% on intra-day high of 30999.71pts

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KARACHI: The Karachi Stock Exchange (KSE) KSE 100-Index has almost grazed the highest-ever psychological barrier of 31,000 points on Friday with 0.001% with intra-day high of 30999.71 points. KSE gained 266.26 points to close the week on 30930.04 points and volume of 158,275,810 shares on last day of trading, Friday. At a time, it looked that the market would touch or even ... Read More »

Closing: KSE maintains all time high position, up 70 points

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KARACHI: The Karachi Stock Exchange (KSE) 100-index 70.47 points to reach 30663.78 points and volume of 211,621,120 shares on Thursday by maintaining all time high postion. Earlier, stocks consolidated its overnight rally and kept on upward march, adding another 162 points or 0.53 percent to take the benchmark KSE-100 to 30755 points level till 9:45am. The mark opened at overnight ... Read More »

Closing: KSE compensates holidays, adds 216 points

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KARACHI: The Karachi Stock Exchange (KSE) 100-index 216.78 points to reach 30593.31 points and volume of 133,854,400 shares on the start of trading after Ashura holidays, Wednesday. Earlier, the market began the week on a positive note and the benchmark 100 index kept on upward march, setting the trend for the trading. The Karachi Stock Exchange KSE-100 went up 107 ... Read More »

LSE ends in green

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LAHORE: The Lahore Stock Exchange 25-Index witnessed bullish trend on Wednesday and gained 0.44 points to reach 5273.64 points and volume of 2,136,600 shares. About 117 companies took part in today’s trading session, 47 of which witnessed increase in share value and 06 companies lost their share value. The highest increase witnessed in price of the Itlas Battery Limited with ... Read More »

PTI collects Rs 16.42 million Azadi Fund

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ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has announced that party has collected Rs 16.42 million through Azadi Fund till October 31. He said that people’s commitment and passion for Naya Pakistan is astounding. It is important to mention here that the PTI chairman has asked party workers to donate for Naya Pakistan fund to continue the sit-ins in Islamabad. Read More »

Closing: KSE 100-Index rebounds with 172 points

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KARACHI: The Karachi Stock Exchange (KSE) 100-index 172.44 points to reach 30376.53 points and volume of 74,527,210 shares on last day of trading, Friday. Earlier in the morning, the market opened at the overnight closing of 30207 points and kept on upward march. The investors responded positively to the positive trend in the market and remained engaged in trading. Buoyancy ... Read More »

Germany offers a helping hand in power sector

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  LAHORE: Ambassador of Germany to Pakistan Dr Cyrill Jean Nunn has said that by using renewable energy sources, Pakistan can cope with challenges of soaring energy needs. Being world leader in this sector, Germany could extend cooperation to Pakistan in bridging demand and supply gap. He was talking to the Lahore Chamber of Commerce & Industry President Ijaz A. ... Read More »

Closing: KSE bounces back, scores 91 points  

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KARACHI: The Karachi Stock Exchange (KSE) 100-index 90.85 points to reach 30204.09 points and volume of 81,187,130 shares on Thursday. Benchmark KSE 100-index gained 133.43 points to reach 30246.67 points with the total volume of 42,072,860 shares till midday. Earlier, the country’s biggest stock market started with positive note, recouping two days losses and gained 74.38 points to reach 30187.62 points ... Read More »

Oppo launches world’s thinnest phone with rotating cam

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LAHORE: The leading global electronic gadgets maker Oppo launched the latest edition of its N series smartphone at a grand event here on Wednesday, featuring its unique rotating camera, as also another which it claimed was the world’s thinnest yet. Besides featuring the much-loved swivel camera feature, the N3 also has the capability to capture pictures in 360-degree mode, along ... Read More »

US supply rocket Antares explodes soon after flight

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CAPE CANAVERAL: A 14-story  US rocket, Antares, exploded soon after its flight from a commercial launch pad in Virginia. This US commercial rocket, built and launched by Orbital Sciences Corp, blasted off from the Wallops Flight Facility at 2222 GMT on Tuesday but burst into flames moments later and plunged back to the ground in a massive ball of fire and ... Read More »

Closing: KSE adds to overnight woes, sheds 112 points

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KARACHI: The Karachi Stock Exchange (KSE) 100-index lost 112.38 points to reach 30113.24 points and volume of 169,324,030 shares on Wednesday. Earlier at opening, the KSE showed tremendous resilience and went up to the level of 30318.06 with a gain of 93 .44 points, shrugging off the overnight losses on Wednesday. The market opened on a positive note, though investors ... Read More »

Port Qasim handles 104,519 tonnes cargo in 24 hours

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KARACHI: The Port Qasim Authority said it handled 104,519 tonnes of cargo during 24 hours till 8 a.m. In the last 24 hours, three ships arrived and two ships sailed. In the next 24 hours, three ships are expected to sail and seven ships are expected to arrive. Following is the berthing schedule of major vessels loading and unloading at ... Read More »

NAB to grab former PM Ashraf on favoring son-in-law

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ISLAMABAD: The National Accountability Bureau (NAB) has filed a reference against former prime minister and Pakistan People’s Party (PPP) leader Raja Pervez Ashraf as he has appointed  his son-in-law Azim-ul-Haq to the World Bank and violated the rules and regulations by misusing his authorities. The NAB Chairman Qamar Zaman Chaudhry decided in an executive board meeting (EBM) to file corruption ... Read More »

LSE ends in black

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LAHORE: The Lahore Stock Exchange 25-Index witnessed bearish trend on Tuesday and lost 21.99 points to reach 5287.96 points and volume of 1,454,200 shares. About 101 companies took part in today’s trading session, 22 of which witnessed increase in share value and 15 companies lost their share value. The highest increase witnessed in price of the Pakistan State Oil Company ... Read More »

Closing: KSE back into red zone amid cautious trading

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KARACHI: The Karachi Stock Exchange (KSE) 100-index lost 13.34 points to reach 30225.62 points and volume of 101,465,880 shares on Tuesday. Earlier the market opened on a positive note, though investors appeared cautious, the overall sentiments remained bullish. The stock exchange which opened at overnight closing of 30238 points rallied and set the direction for the investors. The bullish trend ... Read More »

LSE ends green on Monday

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LAHORE: The Lahore Stock Exchange 25-Index witnessed bullish trend on first day of trading, Monday and gained 8.65 points to reach 5312.38 points and volume of 969,600 shares. About 99 companies took part in today’s trading session, 22 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 100-Index extends winning streak, adds 140 points

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  KARACHI: The Karachi Stock Exchange (KSE) 100-index gained 140.47 points to reach 30238.96 points and volume of 90,046,030 shares on first day of trading, Monday. Despite gloom and doom prevailed across the political spectrum, the KSE-100 index, opened at 30,098.49 and gained 27.68 points to reach 30126.17 points with total volume of 41,749,800 shares till midday. Earlier, benchmark KSE ... Read More »

Weekly review: Bulls beat bears at KSE with 206 points

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KARACHI: The Karachi Stock Exchange (KSE) 100-index opened on negative note on the first day of trading, however, gained 206.01 points in the week-long trading, as it opened at 29892.88 points on Monday and closed at 30098.49 points on Friday. On Monday, the KSE lost 171.98 points to reach 29711.12 points and volume of 59,831,040 shares. Continuing volatility of early ... Read More »

LSE maintains upward trend on last trading day

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LAHORE: The Lahore Stock Exchange 25-Index witnessed bullish trend on last day of trading, Friday and gained 14.49 points to reach 5312.43 points and volume of 2,688,200 shares. About 103 companies took part in today’s trading session, 25 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 100-index sticks to 30,000-plus level

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KARACHI: The Karachi Stock Exchange (KSE) 100-index survived 30,000 psychological barrier and gained 63.76 points to reach 30088.89 points and volume of 113,364,510 shares on last day of trading, Friday. Earlier, KSE 100-index started with bullish note and gained 90.11 points to reach 30115.24 points with a volume of 14,238,550 shares till 9:45am. On Thursday, the benchmark KSE 100-index maintained ... Read More »