RoboXpress Blog

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• Enormous Power break down darkens Karachi
• NY Gold Seen Down $2, Silver Down
• Cotton Review:Dips To 7-Week Low;Outside Factors Guide Mkt
• LSE Bullish sentiments dominate on 18-06-2009
• KSE index surges by 202.97 points on 18-06-2009
• Sensex suffers 2009’s fourth-biggest fall

Enormous Power break down darkens Karachi Posted: 17 Jun 2009 10:25 PM PDT Enormous Power break down darkens Karachi. KARACHI: Almost the entire city was deprived of electricity on Wednesday evening after a power crisis of horrendous proportions hit power generation, transmission, and distribution systems of the Karachi Electric Supply Company. At around 6:30 pm, transmission lines, carrying power supply from Wapda to the KESC, tripped, disrupting over 500 megawatts [...]

NY Gold Seen Down $2, Silver Down Posted: 17 Jun 2009 09:53 PM PDT August gold futures are expected to open floor trading in New York around $2 an ounce lower Wednesday, based on electronic activity ahead of the pit session at the Comex division of the New York Mercantile Exchange. July silver is expected to be down 13 cents an ounce. At 7:52 a.m. EDT, spot gold [...]

Cotton Review:Dips To 7-Week Low;Outside Factors Guide Mkt Posted: 17 Jun 2009 09:53 PM PDT NEW YORK: ICE Futures U.S. cotton posted modest losses Wednesday as mixed outside influences directed trade following a slip to a fresh seven-week low. Nearby July cotton settled 40 points lower at 52.03 cents a pound and the most-active December contract settled down 14 points at 57.60. December cotton opened weaker and traded [...]

LSE Bullish sentiments dominate on 18-06-2009 Posted: 17 Jun 2009 09:45 PM PDT LAHORE: Bullish sentiments dominated on the Lahore Stock Exchange (LSE) on Wednesday and the equities registered gains across the board amid marginally increased trading turnover on account of fresh entries made by the investors in anticipation of new financing margin system, which would help boost stocks trading. The lSE-25 index significantly jumped to 2067.65 against 1993.55 [...]

KSE index surges by 202.97 points on 18-06-2009 Posted: 17 Jun 2009 09:44 PM PDT KARACHI: The Karachi share market saw healthy buying on Wednesday on the back of expectations that the government may withdraw tax on exports likely cut in T-bills yield. As a result, the KSE-100 index surged by 202.97 points to 7,075.93 points from 6,872.96 points. Trading improved and the daily volumes at ready counter increased to [...]

Sensex suffers 2009’s fourth-biggest fall Posted: 17 Jun 2009 09:37 PM PDT Mumbai: The benchmark Sensex on Wednesday reversed its three-month rally by recording the fourth-biggest fall of 435 points on the BSE on renewed worries about the world’s largest economy after US President Barack Obama remarked that the economies will take a long time to rebound. The 30-share Sensex fell by 435.07 points at 14,522.84 after [...]

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