04Apr 2016

Economy: CPI ticked at 0.15%MoM in Mar’16; – By Spectrum Research Economy: Pakistan Bureau of Statistics announced the CPI figure for the month of Mar’16 wherein it settled at 3.94%YoY while on monthly basis revealed slight increase of 0.15%MoM. On monthly basis, CPI was slightly up by 0.15%MoM on the back of surge in food […]

04Apr 2016

Pakistan Market: Regulators addressing market liquidity – By IMS Research Pakistan Market: Daily market volumes have averaged 138mn shares CYTD, sharply lower than CY15 average of 247mn shares. To address this, and perhaps with a nod to upcoming MSCI review, local regulators have amended Margin Finance System (MFS), and are seeking to enhance scrip‐level circuit […]

04Apr 2016

This week, The Division debuted its first big new content update coming April 12th, which will not only include a new ultra-endgame activity, an Incursion, but also new fan-requested features like bounties and Supply Drops. And yet, the problem is that there are a number of current, pressing issues with the game that won’t be […]

04Apr 2016

Mari Petroleum Company Limited (MARI), some time ago known as Mari Gas Company Limited, is one of the nearby investigation and generation organizations working Pakistan. Mari Petroleum Company Limited’s first field was found in 1957 when the organization worked as Esso Eastern Inc. Later in 1983, the organization was procured by Fauji Foundation, OGDC and […]

04Apr 2016

Attock Refinery was incorporated on Nov 8, 1978 and came to be listed on the stock exchanges on June 26, 1979. The company is a subsidiary of Attock Oil Company Limited, UK and its ultimate parent is Bay View International Group S.A. ARL is a member of the Attock Group of Companies which also has […]

04Apr 2016

Pak Suzuki Motor Company Limited (PSMCL) has increased prices of locally produced bikes by an average Rs5,000 from Friday. The company has also pushed up the price of WagonR car by Rs10,000. The circular issued to the authorised dealers did not mention the reason of price rise. The new prices of Suzuki SD110 Sprinter ECO, […]

01Apr 2016

When Bethesda finally detailed their DLC plans for Fallout 4, players were pleased to hear that there would be more content than initially planned, but they were understandably miffed that the price of the season pass would increase along with it. The question was whether or not the new, more ambitious, content would be worth […]

01Apr 2016

As we near the one month mark of The Division, Update 1.1 is already on the horizon. Today (31/3/16) our loving community manager for the game, Hamish Bode, took us through what we can expect from the biggest update to the game yet. There’s a hella lot to get through, so let’s crack on. INCURSIONS […]

01Apr 2016

They say having a hobby is good for your lifespan, but that potentially doesn’t apply to UK YouTuber Colin Furze, whose hobbies include pyrotechnics and cannons. Furze, who constructs an array of inventions of varying levels of safety on his YouTube page, just completed his latest project: a homemade pneumatic launcher that propels lit canisters […]

18Mar 2016

COLOMBO: Sri Lanka has deployed troops and firecrackers to clear deer and wild buffalo from a sprawling airport, officials said Friday, drawing attention to a largely redundant vanity project built by a former president. Mattala airport, which services just one flight a day, was built in the home district of former strongman leader Mahinda Rajapakse, 250 […]

18Mar 2016

SANAA: As tribal mediation brings calm to the Saudi-Yemen border after a nearly year-long campaign led by Riyadh against Yemeni rebels, Washington has welcomed talk of an end to the coalition’s major combat. The United Nations on Friday echoed US concerns over non-military casualties, saying the alliance had caused the vast majority of civilian deaths in […]

18Mar 2016

NEW DELHI: Indian police said Friday they had arrested two young Muslim men on charges of obscenity for posting a doctored image of a hardline Hindu leader dressed as a woman on social media. The image showed the head of the Rashtriya Swayamsevak Sangh (RSS), a controversial Hindu right-wing group with close links to Prime Minister […]

18Mar 2016

A Muslim woman claimed that her hijab was ripped from her head by a mob of schoolchildren as she tried to stop them stealing on Sunday. Masoomeh Jafari, 26, from Sutton, South London, revealed how she was left terrified after up to 30 youngsters attacked her, grabbing her headscarf twice at Poundland supermarket. Muslim women […]

18Mar 2016

MANILA: Philippine security forces wounded a leader of an al Qaeda-linked militant group wanted by the United States in a clash on Friday but he escaped, an army general said on Friday. Radullan Sahiron, a one-armed leader of the Abu Sayyaf militant group, has been on a US State Department wanted list with a $1 million […]

18Mar 2016

KOLKATA: Ravichandran Ashwin on Friday termed the India-Pakistan rivalry “bigger than the Ashes” ahead of the crucial weekend clash between the arch-rivals in World T20 at Kolkata. The two neighbours have gone to war on four occasions since independence and their now infrequent showdowns on the cricket pitch can bring both countries to a standstill. Saturday’s […]

18Mar 2016

ISLAMABAD: Wheat farmer Nasir Tauqeer Khan would rather be home working in his fields. But since January, with rains failing, he has labored instead at a construction site in Islamabad. “Had I stayed behind in my village, my family would have been starving,” the 45-year-old said. “I thought better to move to the city and try […]

18Mar 2016

ZURICH: Holders Barcelona will face fellow Spaniards Atletico Madrid, runners-up two seasons ago, in the Champions League quarter-finals following the draw in Nyon on Friday. Barca, bidding to become the first team to win the trophy two seasons in a row, will get the chance to avenge their defeat at the same stage two years ago […]

18Mar 2016

KARACHI: At least two Rangers personnel were injured after bike-riding suspects hurled a hand grenade at the paramilitary force’s check post in Karachi on Friday. “A hand grenade was hurled at the Rangers check post at main Korangi Crossing near Korangi Industrial Area,” SHO Zaman Town police station told The Express Tribune. “Two officials Abdul Ghafoor and Karimullah […]

26Feb 2016

Gold reversed early losses on Thursday as volatility in stock markets stoked safe haven demand, with bullion funds seeing fresh buying from investors. Asian shares got off to a shaky start as investors remained cautious in the face of a fragile recovery in crude oil. Safe-haven assets, including the Japanese yen, gained across the board. […]

26Feb 2016

CURRENCIES USD/JPY The USD/JPY pair went back and forth during the course of the day on Wednesday, as we ended up forming a fairly neutral candle. This neutral candle was towards the bottom of the recent action, so therefore if we can break above the top of the range for Wednesday, this should send the […]

26Feb 2016

Gold extended its gain to close at $1,229, up $3.2. Gold is expected to revisit its yesterday’s high of $1,253; where a break above will deliver gains towards $1,263. However, any downside will find support at yesterday’s low of $1,222, followed by the 14‐DMA at $1,212. Meanwhile, the indicators are mixed, signaling no clear trading […]

26Feb 2016

Gold shines as Chinese equities fall 6.5% ƒ Gold surges as uncertainty resurfaces: Gold prices rallied by 2% to US$1,253/oz on Wednesday as a drop in oil prices dragged equities lower. However, once oil prices recovered, the yellow metal reversed course and gave up most of the gains. In early trading on Thursday, Gold once […]

26Feb 2016

Pakistan Economy: We expect Feb’16 CPI to clock in at 4.1%YoY compared to 3.3%YoY and 3.2%YoY in Jan’16 and Feb’15, respectively. On a sequential basis, inflationary pressure is expected to recede by 0.2%MoM compared to 7MFY16 average of +0.2%MoM. The muted trend in CPI can be attributed to i) continued deflation in food basket by […]