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Descon Engineering Limited selects SAP for its Enterprise Business Application Platform requirements
Karachi, September 30th, 2009 — Descon Engineering Limited and SAP today announced that they have entered into an agreement through SAP’s reseller Sidat Hyder Morshed Associates, to deploy SAP Enterprise Resource Planning (ERP) and SAP Industry...
Comex Gold Futures Consolidate Ahead Of Data
Gold futures are slightly higher in consolidation. The metal is staging an inside day – where the high and low are within the previous session’s trading range – and there hasn’t been follow-though selling from last week, notes...
KSE Index loses 254.67 points on 28-09-2009
KARACHI (September 29 2009): Heavy selling pressure was witnessed at Karachi share market on Monday and KSE-100 index lost 254.67 points to close at 9,409.58 points. The investors remained cautious and opted for profit taking just before a day of expected...
LSE loses 114.92 points on 28-09-2009
LAHORE: Bearish trend kept the Lahore stocks under pressure on Monday and the equities registered losses amid reduced trading turnover in the absence of buying support while profit taking in oil and banking shares also forced the investors to remain on...
Cotton Review: Plummets On Technicals, Weather-Related Sales
NEW YORK–Wide-scale selling amid technical cues and forecasts for favorable weather hit ICE U.S. Futures cotton hard Friday as the market reversed from a six-week high. Most-active December cotton settled 287 points lower at 61.94 cents a pound,...
Comex Gold, Silver Still Correcting Lower
Gold futures continued to correct lower Friday, initially falling as the euro slid but then staying on the defensive even when the dollar gave up its early gains. December gold fell $7.30 to $991.60 an ounce on the Comex division of the New York Mercantile...
Cotton Review: Rises As Charts, Weather Attract
NEW YORK–Support from bullish economic indicators and weather concerns boosted ICE Futures U.S. cotton to fresh one-month highs Thursday. Most-active December cotton settled up 66 at 64.18 cents a pound, off of the 64.21 high, and the nearby Oct...
LSE index up 37.80 points on 17-09-2009
LAHORE: Bullish sentiments continued to prevail for the second consecutive day on the Lahore Stock Exchange (LSE) on Thursday and the equities registered gains across the board following fresh buying in selective shares. The LSE-25 index further increased...
Index gains 86.33 points on 17-09-2009
KARACHI: The KSE-100 index on Thursday surged by 86.33 points to close at 9,223.39 points level on the back of healthy buying by both local and foreign investors. The foreign investors bought shares worth $19.98 million and sold $18.03 million, resulting...