LAHORE: The Lahore Stock market Wednesday witnessed a bullish trend as the LSE-25 Index rose by 76.50 points to close at 2,823.31 points. However, the total turnover remained 5.268 million shares against yesterday’s 9.762 million. Arif Habib Securities Limited, NBP and Bank Alfalah were the volume leaders of the day with 1.017 million shares, 0.521 million and 0.381 million shares respectively. PSO was the biggest gainer while Japan Power Generation figured high on the negative column.
India phone customers
NEW DELHI: India’s telephone customer base has crossed the 500 million mark 15 months ahead of target, official figures released on Wednesday showed.
First Dawood Bank reports loss
KARACHI: First Dawood Investment Bank has reported a loss after tax of Rs1.791 billion for the year ended September 30, against profit after tax of Rs113.655 million last year. According to financial results of the company sent to the Karachi Stock Exchange on Wednesday, pre-tax loss stood at Rs1.807 billion against pre-tax profit of Rs36.111 million last year. Loss per share swelled to Rs28.59 during the period under review against earning per share of Rs1.81 last year.
PQ activity
KARACHI: The Port Qasim handled 81,722 tons of cargo, comprising 62,916 tons of import and 18,856 tons of export cargo during last 24 hours ended 0800 hours on Wednesday. Berth occupancy was recorded at 73 per cent. Eight ships Nedlloyed America, Royal Diamond, Alexi-I, Rose-II, Coral, FR-8 Regina mar, SC Xianmen and Antarctic were loading/offloading containers, cement, sugar, palm oil, diesel oil and chemicals during the reported period. Two ships sailed out to sea during last 24 hours. Four ships carrying containers, iron ore and chemicals were expected to take berth at QICT, IOCB and EVTL on Wednesday.