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BMW records 8.1% to 526,669 units sale in Q1 of 2015

HELSINKI: German automaker BMW Group reported new record sales volume, revenues, and profit before tax in the first quarter of 2015 on Wednesday. According to BMW’s report, the company’s automobile sales volume climbed by 8.1 percent to 526,669 units, setting a new record for the period. Meanwhile, revenues grew significantly by 14.7 percent to €20.9 billion (23.7 billion U.S. dollars), ... Read More »

Poland record 585,000 sqm demand for industrial space in Q1 of 2015

WARSAW: Total demand for industrial space hit a record high and stood at 585,000 sqm in Q1 2015, informed Tomasz Olszewski from real estate advisory company JLL. “The beginning of 2015 was marked by the continuation of a very good situation in the industrial space market. Supply exceeded 9 million sqm and another 595,000 sqm. Read More »

Poland record 585,000 sqm demand for industrial space in Q1 of 2015

WARSAW: Total demand for industrial space hit a record high and stood at 585,000 sqm in Q1 2015, informed Tomasz Olszewski from real estate advisory company JLL. “The beginning of 2015 was marked by the continuation of a very good situation in the industrial space market. Supply exceeded 9 million sqm and another 595,000 sqm. Read More »

Australia imports record 137,000 tonnes fresh fruit worth A$348m

CANBERRA: Australia’s fresh fruit imports reached a record 137,000 tonnes worth A$348m. Australia’s fruit imports grew by more than 30 per cent, but they still accounted for less than 10 per cent of total consumption in value terms. Australian consumers munched through 31 per cent more imported fruit in 2014 compared to 2013 as consumer demand for out-of-season fruit or ... Read More »

Land record of 20 districts has been computerised: Haroon Sultan

LAHORE: Punjab Minister of Social Welfare Sahibzada Haroon Sultan has said that after the computerisation of land record, citizens can get their case records in 30 minutes and get the same attested in just 50 minutes. Talking to Customs Today, the provincial minister said that land record in 20 districts of Punjab has been completed, which is a great achievement of the government. Under ... Read More »

FBR collects Rs 87 billion in first 15 days of 2015

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs 87 billion in the first 15 days of 2015 whereas Rs 77 billion were collected during the same period last year. With addition of Rs 87 billion, the total collected revenue by the FBR has reached Rs 1,254 billion, although only 1,109 billion were collected during the same period last ... Read More »

Closing: KSE crosses 30,000 mark with 171 points gain

KARACHI: The Karachi Stock Exchange (KSE) 100-index with a slow start after holidays succeeded to gain 171.01 points to cross 30,000 mark and reach 30149.95 points. Volume of 107,520,680 shares on last day of trading, Friday. Earlier, KSE opened with positive note and kept on marching upward, crossed psychological barrier of 30000, by gaining 102.81 points to reach 30081.75 points ... Read More »

LSE ends in green after Eid holidays

LAHORE: The Lahore Stock Exchange (LSE) witnessed bullish trend on its first day, Thursday, after five holidays due to weekend and Eidul Adha and gained 6.04 points to reach 5387.99 points and 343,100 shares. As per details, 80 companies took part in today’s trading with 20 advancers and eight companies lost their share value, while 52 companies remained stable today. ... Read More »

Closing: KSE opens after 5 days closure, loses 124 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index opened with bearish trend on Thursday after five days closure due to weekend and Eid holidays. The KSE lost 124.29 points to reach 29978.94 points and volume of 52,510,770 shares. Earlier, the rally started with downward trend, the KSE 100-index shed 50.48 points to reach 30052.75 points during midday trading on Thursday noon. ... Read More »

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 »

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 »

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 »

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 »

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 »

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 »

LSE makes slight gains, touches 5457 level

LAHORE: The Lahore Stock Exchange (LSE) 25-index gained 12.73 points to reach 5457.85 points on Tuesday. The LSE witnessed slight growth as 99 companies took part in today’s trading, in which 40 recorded increase in shares value while nine companies witnessed and 50 remained stable. The highest increase witnessed in prices of Mari Petroleum Limited. The Bank Al-Falah’s 200,000 shares ... Read More »