UK decides to pull out troops from Afghanistan

According to a foreign news agency, Prime Minister Davd Cameron was expected to announce on Wednesday the return of 800 troops from Afghanistan by the end of next year.

According to defence ministry, there will be no British soldier in Afghanistan by year 2015.

US President Barack Obama last month ordered all 33,000 US surge troops home from Afghanistan by mid-2012. France quickly followed suit, saying several hundred French troops would leave by the end of this year.

The Western nations have set a deadline of the end of 2014 to hand over control of security to Afghan forces.

KSE remains volatile

KSE witnessed mixed trend on Wednesday as 100-Index mostly remained in negative zone.

Selling became cause of pressure in the market. According to analysts, it is very difficult for the market to remain stable without launching of leverage product. At the end of the day, KSE closed at 12,242 points with a decrease of 30 points.

KSE continues to rise

KSE witnessed bullish trend on Friday as 100-Index crossed 12,500 points level.

Business activity started with positive note, as investors neglected the deteriorated law and order situation in Karachi. Cement, fertilizer and chemical sectors witnessed brisk activity. At the end of the day, KSE closed at 12,533 points which was the highest level from last 21 months.

KSE witnesses bearish trend

The Karachi Stock Exchange witnessed bearish trend on Friday. The KSE-100 index closed below 10,600 points.
Business activity started with postive note. Due to buying in limited sectors the Index saw improvement but sale pressure couldnt overcome. The Index closed at the end of the day at 10,598 with decrease of 36 points. Trading volume remained 10.93 crore shares. National Bank remained the volume leader.

KSE sees bearish trend

The Karachi Stock Exchange witnessed bearish trend on Friday. The KSE-100 index closed below 10,600 points.
Business activity started with postive note. Due to buying in limited sectors the Index saw improvement but sale pressure couldnt overcome. The Index closed at the end of the day at 10,598 with decrease of 36 points. Trading volume remained 10.93 crore shares. National Bank remained the volume leader.

KSE sees bearish trend

The Karachi Stock Exchange witnessed bearish trend on Friday. The KSE-100 index closed below 10,600 points.
Business activity started with postive note. Due to buying in limited sectors the Index saw improvement but sale pressure couldnt overcome. The Index closed at the end of the day at 10,598 with decrease of 36 points. Trading volume remained 10.93 crore shares. National Bank remained the volume leader.

KSE plummets 435 points

Karachi Stock Exchange (KSE) remained volatile during the current week while the 100-index shed 435 points level.
Limited business activity was witnessed due to imposition of Capital Gain Tax. Trading started with positive note but selling pressure pushed the market in negative zone.
At the end of day, KSE 100-index closed at 9,823 points.

Obama reaffirms Iraq exit plan

WASHINGTON: US President Barack Obama says the United States is on track to end its combat mission in Iraq by the end of this month, transitioning from a military to a civilian-led effort.

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Obama reaffirms Iraq exit plan

India, EU in new bid to clinch free-trade deal

NEW DELHI: India and the European Union are to hold a fresh series of free-trade talks next month in Brussels in a bid to clinch a deal by the end of the year, an official said.

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India, EU in new bid to clinch free-trade deal

Nepal lawmakers to vote again for new PM

KATMANDU: Nepal’s parliament failed to elect a new prime minister on Wednesday, forcing the speaker to set a new poll date.

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Nepal lawmakers to vote again for new PM

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