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| Stocks & Bonds | [1-10 of 28 stories]
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Index again breaches 10,000 markKARACHI (March 19, 2010): The KSE-100 index on Thursday once again breached 10,000 level on the back of foreign investors' support and closed at 10,007.87 points with a net gain of 18.06 points. The market opened on a positive note and the index hit 10,049.89 points intra-day high level, up 60.08 points. However, profit taking in late hours minimised the intra-day gains.
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Equities move both ways on LSELAHORE (March 19, 2010): Equities on Thursday moved both the ways on the Lahore Stock Exchange (LSE) and finally settled in green zone amid reduced trading turnover on account of lacking interest on the part of investors. The LSE-25 index considerably increased by 39.96 points and was ended at 3154.29 against 3114.33 of Wednesday, while transaction volume was squeezed to 8.505 million shares, as compared to last day volume of 13.726 million shares.
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BRIndex30 down by 199.51 pointsKARACHI (March 19, 2010): On Thursday, BRIndex30 opened at 8,756.29 and remained negative throughout the market time except for a single jump above the line. It touched an intraday high of 8,766.28 and an intraday low of 8,536.13 and closed at 8,556.78, which is -199.51 points or -2.28 percent lower than yesterday's close.
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Formal trading in Safe Mix startsKARACHI (March 19, 2010): The formal trading of Safe Mix Concrete Products Limited (SMCPL) has started at the Karachi Stock Exchange (KSE) on Thursday. The trading session was started with ringing of traditional opening bell. Arif Habib, Chairman Arif Habib Group, rang the bell.
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$500 million convertible bonds: five percent OGDCL shares to be offered before JuneISLAMABAD (March 19, 2010): Federal Minister for Privatisation Senator Waqar Ahmed on Thursday said the government would offer 5 percent shares of Oil and Gas Development Company Limited (OGDCL) for convertible bonds worth $500 million. Briefing media on the agenda items being discussed in the PC board meeting, Waqar said the Privatisation Commission is planning to offer these shares before June 2010.
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