Refinery production decreased one per cent to 673,000 tons in July compared with the same month last year.

Forecasts of automobile sales volumes are being slashed by analysts because of the worst floods to hit Pakistan.

ABL underperformed analysts’ expectations of their earnings by a decent margin and RBS losses plummeted further.

Pakistan Petroleum’s profits went down by 15.8 per cent in the financial year 2010, with a net income of Rs59.9b.

Warning letters for possible violations of securities laws were issued to 27 brokers of the Karachi Stock Exchange.

Analysts have been able to formulate some crude estimates of the effect of the floods on the country.

The CCP conducted a meeting on the possible anti-competitive behaviour in the pultry industry.

Pakistan’s use of oil has increased during the last five years despite a constant rise in oil prices.