ISLAMABAD, Nov 2 (APP): The crude oil production of Oil and Gas Development Company (OGDCL) has touched the highest level of 48,767barrels per day (bpd) and the organization earned over Rs 14 billion profit in first quarter of the current financial year. “The company’s net sales revenue was registered at Rs 39.565billion and profit after […]
Business News
OGDCL crude oil production reaches 48,767 bpd, earns Rs 14 bln profit
-
European stock markets recoil at open
LONDON, Nov 2, (APP/AFP) – Europe’s main stock dropped at the start of trading on Wednesday, with London’s benchmark FTSE 100 index down 0.5 percent at 6,881.03 points. In the eurozone, Frankfurt’s DAX 30 lost 0.8 percent to 10,444.60 points and the Paris CAC 40 index shed 0.7 percent to 4,437.99 compared with Tuesday’s close.
-
Hong Kong stocks dive on news of Trump US poll lead
HONG KONG, Nov 2, (APP/AFP) – Hong Kong stocks tumbled Wednesday as traders were spooked after an opinion poll showed Donald Trump had taken the lead over markets favourite Hillary Clinton just a week before the US presidential election. The Hang Seng Index sank 1.45 percent, or 336.57 points, to end at 22,810.50. The benchmark […]
-
Saudi minister hails ‘bold’ deal with Japan’s SoftBank
RIYADH, Nov 1, (APP/AFP) – The Saudi energy minister said Tuesday that a multi-billion-dollar technology investment fund the kingdom is developing in partnership with Japan’s SoftBank showed its determination to diversify its economy. Khaled al-Falih told an international forum that the proposed new fund “is simply one indication of this determination and the bold steps […]
-
China manufacturing indices at highest in 2 years
BEIJING, Nov 1 (APP/AFP) – Factory activity in China expanded last month at its fastest pace in more than two years, official and private figures showed Tuesday, boding well for the world’s second-largest economy. Investors closely watch the purchasing managers’ index (PMI) numbers, which gauge conditions at factories and mines, as the first indicators of […]
-
Bullion rates in Lahore
LAHORE, Nov 01 (APP)- Following are the bullion rates received from local markets on Tuesday 2016. BULLION (PER 10 GRAM) ===================== GOLD TEZABI-24 CT——44324.00 GOLD 22 CT————-40630.00 GOLD 21 CT————-38784.00