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| Stocks & Bonds | [1-10 of 31 stories]
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Index gains 27.51 pointsKARACHI (September 03, 2010): The KSE-100 index, after witnessing negative opening, managed to close in positive at the level of 9,762.89 points with a net gain of 27.51 points on Thursday. The market opened on a negative note due to lack of interest of local investors and the index hit 9,721.03 points intra-day low level, down 14.35 points.
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LSE index gains 16.15 pointsLAHORE (September 03, 2010): Bullish sentiments dominated on the Lahore Stock Exchange (LSE) on Thursday where equities registered gains amid decreased trading turnover because of the investors' conscious approach. The LSE-25 index gained 16.15 points and was closed at 3090.62 against 3074.47 of Wednesday, while transaction volume restricted to 2.026 million shares, as compared to 2.581 million shares traded a day earlier.
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Equities move both ways on ISEISLAMABAD (September 03, 2010): Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 04.46 points as the ISE Ten Index moved from 2,512.17 to 2,516.63 points.
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BRIndex30 down by 3.17 pointsKARACHI (September 03, 2010): On Thursday, BRIndex30 opened at 7,557.44 and remained positive for most of the trading time entering negative only in the last hour. It touched an intraday high of 7,631.63 and an intraday low of 7,542.47 and closed at 7,554.27, which is -3.17 points or -0.04 percent lower than yesterday's close. Total volume was 31,980,821, which was 72.99 percent of KSE All share volume and 91.86 percent of KSE 100 volume. The KSE All Share volume was 43,817,739 and KSE100 Volume was 34,813,524.
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Appointment of broker as chairman: General body meeting to amend KSE Article of AssociationKARACHI (September 03, 2010): The members of Karachi Stock Exchange on Thursday decided that general body meeting will be called to amend KSE Article of Association to appoint broker as a chairman of the exchange. In an emergent meeting held at KSE here on Thursday, the members decided that the 2005 decision of appointment of a non-member chairman would be reverted and KSE Article of Association would be amended to appoint a real stakeholder of capital market as the chairman of KSE.
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'Munshi no longer employee of KSE'KARACHI (September 03, 2010): The Karachi Stock Exchange Employees Union (CBA) has announced that the former General Secretary of the union Iqbal Munshi is no longer the employee of KSE as he had resigned from his job and union duties with effect from January 20, 2010. Therefore, Iqbal Munshi is no more the General Secretary or member of KSE Employees Union CBA. KSE Employees Union CBA, therefore, overrules any affiliation with him.
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Failure to use Nasdaq screen: no inquiry under wayISLAMABAD (September 03, 2010): No inquiry is being conducted against the Pakistan Consulate officials in New York who failed to cash in on the opportunity thrown up by Nasdaq to use their huge screen at Times Square in New York to mobilise donations from the private sector for the flood victims, a senior Foreign Office official said on condition of anonymity.
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