Oil tops $77, tracks rising equities, risk appetite

TOKYO: Oil rose above $77 on Wednesday to reach the highest level since mid-May, tracking a recovery in global stock markets as risk appetite returns with easing concern about Europe’s economy.

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Oil tops $77, tracks rising equities, risk appetite

KSE sustains over 10,600 level this week

KARACHI: The benchmark KSE 100-share Index for the first time after August 2008 surged above 10,600 level and managed to sustain it this week with a gain of 72 points.

The share market began the week with positive numbers, as local and foreign investors took interest in buying stocks in energy sector and other shares available at dips.

The index closed this week with an increase of 72 points at 10,659, highest level since August 2008.

TRG Pakistan and WorldCall topped the list of front runners.

On the other hand KSE-30 Index closed 22 points up at 10,877.

News Digest Of Local Media -Stocks Bullish

TrendPK.com News Digest Of Local Media -Stocks Bullish:The Taiwan Stock Exchange (TSE) Bade farewell to a turbulent 2009 in an upbeat mood, with its weighted index closing at the year’s highest level of 8,188.11 points.
Although the global financial downturn hit hard in 2009, the local Bourse has rallied substantially since hitting the [...]

MD Unemployment Webcert

Md. unemployment jumps upward. Maryland’s unemployment rate went from 5.4 percent in December to 6.2 percent in January, as Lorraine Mirabella reports today. That’s a big jump in one month, and high for the land of pleasant living.  BALTIMORE — While the nation’s unemployment rate has hit its highest level since 1983, Maryland’s unemployment numbers are not as dramatic, but they are following the national trend. Friday, March 6, 2009. Metro Area State – April Jobless Rate – Change from April 2008 Weirton-Steubenville WV-OH 11.7% +6.1 Hagerstown-Martinsburg MD-WV 9.3% +4.7 Parkersburg-Marietta-Vienna WV-OH 9.2% +4.7 Wheeling WV-OH 8.6% +3.8 Winchester