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KSE volume at lowest ever 1.11m shares
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Associated Press of Pakistan
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KARACHI: The turnover volume dipped to lowest ever 1.111 million shares at Karachi Stock Exchange (KSE) on lack of interest as 100-index lost 90.89 points to close at 12,036.21.
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US stocks mixed as unemployment steady
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AP
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NEW YORK: Wall Street traded mixed in early trading Thursday after the Labor Department said the United States' unemployment rate held steady at 5.5 percent last month, as expected.
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Asian stocks close mostly down as oil hits new record
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Agence France Presse
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HONG KONG: Asian stocks closed mostly down Thursday as some markets tumbled to their lowest levels for years after a record-breaking surge in oil prices deepened fears for the world economy.
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LSE drops 36 points further
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Commerce Reporter
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LAHORE: Lahore Stock market continued to face down slide on Thursday as LSE-25 index lost another 35.94 points to close at 3,758.24 points as compared to 3,794.18 points on Wednesday.
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Grim economic realities demand action
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Govt losing credibility due to disparity between statements and actions of top officials
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Muhammad Kabir
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ISLAMABAD: The disparity between statements and actions of top officials, improper decisions and vague economic policies have raised questions about credibility of the government and the effectiveness of the federal budget 2008-09.
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Pakistan, India urged to sign investment treaty
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Associated Press of Pakistan
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LAHORE: Governments of Pakistan and India should sign bilateral investment treaty, which will encourage investment and motivate other countries to effectively contribute in intra-regional investment.
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ECB raises lending rate to 4.25pc to curb inflation
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Agence France Presse
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FRANKFURT: The European Central Bank (ECB) raised its main interest rate by a quarter of a point to a seven-year high point of 4.25 percent on Thursday to choke record inflation as economies slow down.
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Vegetables, fruit prices go up in local markets
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Commerce Reporter
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LAHORE: The prices of fruit and vegetables showed upward trend in retail markets on Thursday. It seemed that government's price control machinery was absent, as vendors were almost looting customers.
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French investment rises to $500m in Pakistan
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Associated Press of Pakistan
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KARACHI: The French investment in Pakistan has risen to 500 million dollar, this was stated by the Ambassador of France to Pakistan Regis de Belenet.
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Gold up by Rs 300 per 10-gram
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Commerce Reporter
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LAHORE: Surging drive was seen in the rates of pure gold in both the local and international gold markets amidst fresh buying on Thursday trading period.
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