Sunday 30 December 2012

SUNRISE BUSINESS UPDATES Monday 31,december 2012



                                                                                                                                         
 



SUNRISE CAPITAL “BUSINESS NEWS”
National & International
Monday, December 31,2012

 


 Crude down in Asia on fading hopes of US fiscal cliff deal


 SINGAPORE: Crude was down in Asia Monday as traders hopes of a last-minute compromise deal between US politicians (KSE)

 

Bank of Japan will work with new government


TOKYO: The head of Japan's central bank has vowed to work with the nation's new government to tackle deflation, according to an interview published Saturday.   "The Bank of Japan, not just the government, will support efforts to strengthen growth potential," Masaaki Shirakawa told the Nikkei business daily.
(Brecorder)

   Dollor down against euro, yen on fiscal cliff fears

    SINGAPORE: The dollar weakened against the euro in Asia Monday with traders fleeing the US currency as hopes       faded (KSE)

 

Qatari growth slows as energy sector sluggish

                                         

DUBAI: Qatar's economic growth slowed in the third quarter of the year but was supported by strong expansion of non-oil sectors, data released by the statistics authority showed on Sunday.   Gross domestic product in the July-September period, adjusted for inflation, rose 3.9 percent from a year earlier and grew 1.7 percent from the previous quarter

(Brecorder)

 

 

Saudi Arabia sets record budget for 2013

 

RIYADH/DUBAI: Saudi Arabia has set a record state budget for next year as high oil prices allow heavy spending on welfare and infrastructure projects, helping it avoid the severe social unrest seen in other parts of the Arab world

(Brecorder)

 




Symbol
Price
Change
Volume
BOP
10.70
1.00
8,472,500
BYCO
14.55
0.63
5,569,500
NIB
2.68
0.16
3,199,500
PIAA
4.65
0.22
2,447,000
MLCF
14.95
0.41
1,993,500
 (Brecorder)

Thanks & Regards
Research & Marketing Department
Sunrise Capital (Pvt.) Ltd
www.sunrisecapital.com.pk | 111-786-772 | research@sunrisecapital.com.pk
faebook.com/sunrisecapitalkse | twitter.com/sunrisecapital1 | pk.linkedin.com/sunrisecapitalkse | sunrisecapital.blogspot.com


 

 







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