Flour price moves up by Rs50 per 80 kg bag
KARACHI, Feb 24: Flour prices (atta No. 2.5 chakki) have further risen by Rs50 per 80 kg bag on Tuesday to Rs1,125 from Rs1,075 on Monday owing to looming crisis of wheat in Sindh
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LSM registers 14.70pc growth in first half
ISLAMABAD, Feb 24: Large-scale manufacturing (LSM) has registered an overall growth of 14.70 per cent during the first half (July-December) of the current fiscal year against 5.45 per cent growth recorded in the same period last year.
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Australian team to check wheat cargoes
KARACHI, Feb 24: Australian analysts are heading to Pakistan to help examine wheat cargoes that Pakistani authorities say are contaminated with the Karnal bunt fungus, an official said on Tuesday.
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Sell-off policy
KARACHI, Feb 24: Karachi Stock Exchange chairman Arif Habib on Tuesday observed that record number of 258,000 applications received from the general public for subscription to the shares of Sui Southern Gas Company had shown growing interest of small investors in equities.
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Index recomposition to be reviewed next month: Stock market
KARACHI, Feb 24: The re-composition of KSE-100 index, which was due, would be reviewed in March and thereafter it would be placed before the Board of Directors of the stock exchange.
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ICI to expand business
ISLAMABAD, Feb 24: The ICI Group has shown interest to expand its business in Pakistan and manufacture products for export. This was announced by the Chief Executive, ICI Group
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PICIC okays bonus shares
KARACHI, Feb 24: Pakistan Industrial Credit and Investment Corporation (PICIC) has declared 50 per cent bonus shares and 12.5 per cent cash dividend for 18 months ending on December 31, 2003.
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14 items removed from negative list of ATT
ISLAMABAD, Feb 24: Pakistan on Tuesday removed 14 items from the negative list under Afghan Transit Trade Agreement. The ECC also allowed continuation of livestock export despite a crisis of rising meat prices in the local market due to bird flu attack.
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Trade team leaves for India today
LAHORE, Feb 24: Lahore Chamber of Commerce and Industry President Mian Anjum Nisar will lead Pakistan's business delegation to India on a 10-day tour beginning from Wednesday.
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Geologistics starts operations
KARACHI, Feb 24: Geologistics Corporation, one of the world's largest global third-party logistics companies, on Tuesday announced the official opening of its Pakistan operations, with four offices, including head office in Karachi.
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Lint prices start rising on supply fears
KARACHI, Feb 24: Cotton market on Tuesday showed steady trend as ginners again kept to the sidelines followed by reports of higher world prices and pressure on ready supplies.
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KSE 100-share index recovers 30.26 points
KARACHI, Feb 24: Stocks on Tuesday resisted fresh decline as bulls resumed their covering operations at the overnight lows under the lead of financial institutions followed by reports of higher interim earnings.
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