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Tag Archives: Commerce Ministry

Weekly review: Bulls grip KSE before Eid as market gains 398 points

KSE remained in green zone most of the days in week long trading  KARACHI: The Karachi Stock Exchange (KSE) 100-index has gained 397.58 points in the week-long trading, as it opened at 29705.65 points on Monday and closed at 30103.23 points on Friday, despite another week of sit-ins and public meetings, creating political chaos across the country. At start of ... Read More »

Weekly review: Rupee steadier, weighs 20 paisas in interbank

LAHORE: The US dollar lost 20 paisas in inter-bank and 15 paisas in open market against Pakistani rupee during the week-long trading from Monday to Friday. As per detail, the value of dollar in inter-bank market was 102.6 on Monday and 102.4 on Friday against rupee, while, in open market its value was 102.75 on Monday and 102.6 on Friday, ... Read More »

Closing: KSE ends in green before 5 days closure

KSE is going to close for 5 days due to weekend and Eid holidays KARACHI: As the stocks markets across the country were going to close for five days, the Karachi Stock Exchange tried hard to end trading in green zone on last day of trading, Friday. The KSE slightly gained 31.65 for today to reach 30103.23points and volume of ... Read More »

Closing: 75 points gain helps KSE cross 30,000 barrier

KARACHI: The major stock exchange of the country, the KSE 100-index, crossed the psychological barrier of 30,000, gaining just 74.97 for today, Thursday, to reach 30071.58 points and volume of 107,311,490 shares. Earlier in the morning, KSE made a wonderful start and crossed 30,000 psychological barrier by gaining 129.56 points and reached 30126.17. The market has gained 69.45 points and ... Read More »

Closing: KSE keeps up momentum, ends slightly below 30,000

KARACHI: The Karachi Stock Exchange (KSE) 100-index had shed points at start of the week; however, Wednesday was a second consecutive lucky day for country’s major stocks, as the KSE again remained in green zone and added 270.22 points to reach 29996.61 points and volume of 72,096,640 shares. Earlier, Stocks Exchange keeping the bullish momentum of start on third day ... Read More »

Tuesday September 30 Monday October 06, 2014

Customs Today E Paper

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Closing: Bulls retake charge at KSE with 343 points gain

KARACHI: Tuesday proved to be a good day for Karachi Stock Exchange (KSE) 100-index as the major Stock market of the country gained 343.26 points to reach 29726.39 points and volume of 60,392,610 shares. Earlier, the market opened at the overnight closing of 29,383 points and showed resilience to offset the bearish trend. The investors remained cautious and vigilant in view ... Read More »

Closing: KSE plummets 322 points after PTI show in Lahore

  KARACHI: The Karachi Stock Exchange (KSE) 100-index lost 322.52 points to reach 29383.13 points with a volume of shares 47,072,210 on the first day of trading on Monday, as the political situation is becoming unexpected after a showdown by Pakistan Tehreek-e-Insaf in Lahore. Earlier, the market opened on a negative note and fell down from the weekend closing of 29705 ... Read More »

Weekly review: Bears rally at KSE causes 334 points slump

KARACHI: The Karachi Stock Exchange (KSE) 100-index has lost 334.51 points in the weeklong trading, as it opened at 30015.8 points on Monday and closed at 29681.29 points on Friday. On Monday, the first day of trading, KSE lost 21.93 points to stand at 29993.87 points as the country has been facing multifarious challenges these days. Earlier on Monday, the ... Read More »

Weekly review: Rupee steadier trend persists

LAHORE: The US dollar lost 10 paisas in inter-bank and 5 paisas in open market against Pakistani rupee during the weeklong trading from Monday to Friday. As per detail, the value of dollar in inter-bank market was 102.7 on Monday and 102.6 on Friday against rupee, while, in open market its value was 102.9 on Monday and 102.85 on Friday, ... Read More »

Closing: Bears chase KSE, week ends on 259 points loss

KARACHI: The Karachi Stock Exchange (KSE) 100-index lost 258.98 points to stand at 29681.29 points and volume of 86,490,530 shares on last day of trading, Friday, as the routine life in Karachi came to a halt after MQM chief Altaf Hussain asked his workers to stage sit-ins across the city following the arrest of workers. Earlier, 100-index witnessed fluctuation in trading ... Read More »

Anti-Dumping Duties

China’s emergence as an economic power has threatened indigenous industries all over the world and many governments have stepped up their efforts to ward off economic threats to their industries at home. In a normal situation, every government encourages the import of different items from foreign countries to meet the local requirements, but restrictions are also imposed on the import ... Read More »

Closing: KSE further plunges 155 points on Thursday

KARACHI: The Karachi Stock Exchange (KSE) 100-index lost 155.53 points to stand at 29940.27 points and volume of 5,708,428,194 shares on Thursday, as the market added to yesterday’s losses. Earlier, the market opened on a negative note and kept on losing points, as the bearish trends added to the overnight losses. The stocks could not gain momentum as profit-taking took ... Read More »

Rs 333 million goods imported from India via Wagha Border

LAHORE: Pakistan has imported items worth Rs 333 million between September 15 and 21 from India via the Wagha border. According to available documents, the major items were potatoes, tomatoes, garlic, cake-oil, polyethylene and cotton yarn. The documents also read Pakistan imported potatoes worth Rs 19.8 million during the last week. No duty has been imposed on the import of potatoes from India ... Read More »

PTI, PAT sit-ins fail to affect Pak-Afghan trade

ISLAMABAD: The prevailing political impasse has not affected trade between Pakistan and Afghanistan. The government and the commerce ministry have blamed the Pakistan Tehreek-e-Insaf and the Pakistan Awami Tehreek protesters for inflicting billions of rupees losses to the national exchequer. The government had been saying that exports had been blocked because foreign buyers had stopped placing new orders due to ... Read More »

Closing: KSE loses momentum, closes at 30095.80 points

KARACHI: Karachi Stock Exchange (KSE) 100-index lost 47.97 points to stand at 30095.80 points and volume of 103,676,850 shares on Wednesday, as the market could not sustain yesterday’s gains of 149 points. Stocks market opened at the overnight closing of 30143 points and consolidated its early rally and benchmark KSE-100 index kept on upwards march to gain 183 points to ... Read More »

Australian dollar weakens, pound joins the rally

LONDON: The British pound, to take advantage of weak Australian dollar, has joined other low-yielding major currencies like the US dollar and euro, as the broader Australian dollar exchange rate complex suffers fresh weakness. Sources said that independent foreign exchange providers will be able to deliver up to 5 percent more exchange rate when compared to bank in many instances. ... Read More »

Multan E&T Officer Waqar Kiyani takes charge

MULTAN: Multan Excise and Taxation (E&T) Officer Waqar Ahmad Kiyani took charge of his office. Earlier, Kiyani was working in the Excise and Taxation office in Rawalpindi. He is optimistic that the department will achieved the set targets. The Multan Excise and Taxation Department is running a campaign for collection of taxes before September 30. The Multan Excise and Taxation ... Read More »

Closing: KSE gains 149 points, ends above 30,000 mark

KARACHI: Karachi Stock Exchange (KSE) 100-index gained 149.90 points to close at 30143.77 points on Tuesday, amid the confusions and concerns which have been haunting the market for past few days. Earlier, in the morning, the investors started trading very carefully, keeping current political standoff in mind, due to which KSE 100-index shed 21 points to stand at 29972.87 points ... Read More »

Chief Collector Nasir Masroor transfers 10 low-rank staffers

KARACHI: Customs Appraisement-South Chief Collector Nasir Masroor ordered immediate transfers and postings of 10 subordinate employees on September 20. The employees include four upper division clerks (UDC), four lower division clerks (LDC) and two record sorters. Four have been transferred from the Directorate of Post-Clearance Audit (PCA) while another four have been transferred to the PCA. Qutubuddin, UDC; Javed Awan, ... Read More »