Tag: Touch

KSE poised to touch 12,000 points

KARACHI: The benchmark index of the Karachi Stock Exchange (KSE) is poised to hit the 12,000 points mark in coming weeks due of the sustained inflow of foreign investment, expectation of strong results to be posted by banks, fertiliser companies and the launching of the GDRs of large public entities.
Foreign investors have injected around $21 million in the Karachi Stock Exchange in last three days that was one of the few important indicators of further growth in the stock

Pak-Lanka trade set to touch $1b mark

ISLAMABAD: Board of Investment (BOI) Chairman Saleem H Mandviwalla on Saturday termed the president's visit to Sri Lanka very fruitful and stressed his belief that both countries would boost the level of bilateral trade from the current $300 million to $1.0 billion within a very short time.
According to a statement of the BOI issued here, Saleem H Mandviwalla was part of the delegation that visited Sri Lanka and the trip was meant to remove any hurdles to enhanced commercial and

LG Optimus One sales touch one million units

LAHORE: LG Electronics (LG) recently announced that worldwide sales of its Optimus One smartphone have hit one million units just 40 days after the phone's initial launch. Now available in the Middle East after the global roll-out last month, the Optimus One is the fastest selling mobile handset in the company's history.
Powered by the Android 2.2 "Froyo" OS and optimised for google mobile services, the LG Optimus One has been a big hit with first-time smart phone buyers looking

KSE regains ground to touch 11,000

KARACHI: Pakistan's Equity Market rose today, with the local bourse, recording a 28- month high with oil scrips distinguished in the bull-run. The benchmark KSE-100 increased by 240 points to close at the 11,206 level.
The local bourse was electrified and recovered to the 11000 benchmark, with the KSE-100 index closed at 11205.84 after gaining 239.84 points, while KSE 30 index closed at 10837.18 after gaining 240.72 points. The share index closed at 7793.49 after gaining 161.15

Woods struggles to stay in touch

MELBOURNE: Bogeys outnumbered birdies as Tiger Woods struggled to keep in touch with the lead halfway through the Australian Masters on a trying day at Melbourne's Victoria Golf Club on Friday.
The 14-time Major winner laboured to a one-over 72 to concede 36-hole pacesetter Adam Bland a widening nine strokes in blustery conditions with the weather forecast to further deteriorate for Saturday's third round. Woods has the job ahead as he searches for his breakthrough tournament

Sugar prices touch Rs 90 per kg

LAHORE: The price of white refined sugar has touched its highest point ever and is currently being sold for Rs 90-92 per kilogram in local retail markets. Sugar dealers blame mill owners are responsible for the sugar price hike, while Pakistan Sugar Mills Association (PSMA) claims that sugar price is escalating mainly due to poor government policies.
Sugar price data indicates that the price of sweetener has increased by Rs 9.5 per kilogram since October 1st; an increase of

KP livestock losses touch Rs 7b

PESHAWAR: The livestock, dairy and poultry sectors have suffered a loss of over Rs 7 billion in Khyber Pakhtunkhwa.
However, the government has not provided any compensation yet. The Ministry of Livestock has completed its preliminary survey, with the support of its district field offices and local administrations in the flood affected areas and has compiled its complete report of both direct and indirect losses to the livestock, dairy and poultry sectors.
The report