Tag: Momentum

The Ashes: Sudden shift in momentum

The Boxing Day Ashes Test promises to be something special. With the series tied at a match apiece, there is everything to play for. The spectacular Melbourne Cricket Ground is set for some exceptional crowds which could threaten to fill it up to its 100, 000 capacity. How suddenly the momentum has shifted.
On the first day of the Perth Test, England were on a roll. They had wiped the floor with Australia in the previous match and had now gotten half the Australian side out for

HEC concerned over anti-PU VC momentum

LAHORE: Higher Education Commission (HEC) officials and some Punjab University (PU) faculty members have expressed concerns over protests against PU Vice Chancellor (VC) Dr Mujahid Kamran by pro-Jamaat-e-Islami (JI) teachers and the Academic Group members on the issue of delegating Punjab Employees Efficiency, Discipline and Accountability (PEEDA) Act 2006 powers to the VC, Pakistan Today has learnt.
The officials and teachers said that they relied on the VC and his efforts for

Lille, PSG maintain title momentum

PARIS: Lille, who climbed to the top of the French first division last weekend by demolishing Lorient, maintained top spot on Saturday but only after an injury time goal downed bottom club Arles-Avignon.
With second-placed Paris Saint Germain keeping the wheels on their title push with a 2-1 win at Valenciennes, Lille were in danger of seeing their capital rivals depose them at the summit.
But after minnows Arles had manfully held their own Tulio De Melo popped up with a

KSE sustains momentum, breaks 11,600 barrier

KARACHI: The local bourse sustained impetus and broke the barrier of 11,600 points after 127 weeks. International oil prices crossed $90 per barrel during the week, which bode positive for the oil sector, as was reflected in the sector's performance, up by a weekly 1.7 percent.
On the macro front, inflation spiked to an 18 month high of 15.48 percent due to a spillover effect of the floods and surging energy prices. Furthermore, WTO's rejection of agreeing to export duty free

Oil consumption loses momentum in November

KARACHI: Oil consumption in November has dwindled six percent annually and 19 percent monthly; primarily led by an annual eight percent and 33 percent monthly fall in furnace oil (FO) sales. In addition, fewer working days in November and abnormally high sales in the preceding month have caused the sequential decline. PSO and APL sales slumped by a monthly 22 percent and 24 percent respectively, while volume of SHEL was three percent less than last month's figure.
However,

US reversing Taliban momentum in Afghan south: Gates

CAMP LEATHERNECK: Defence Secretary Robert Gates on Wednesday hailed US Marines for reversing Taliban gains in one of the toughest Afghan battlefields as he toured the south ahead of a key war review.
He struck an upbeat note, with an imminent White House report likely to credit an extra 30,000 American troops with bolstering security while stressing that the nine-year insurgency is far from defeated.
"The Marines, since arriving a year ago last summer, have really been in

KSE momentum drops during the week

KARACHI: The KSE index augmented 92 points during the short week, just before Eid, while the average volume stayed over 69 million shares. Following Eid holidays, investors and traders were initially inexorable as the index registered a gain of 240 points at pace.
However, the energetic bull suddenly lost substantial energy as the index was unable to sustain its level whereas profit taking by investors resulted in a loss of 70 points before Friday's minor gain of nine points.