AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.04 No Change ▼ 0.00 (0%)
BOP 6.67 No Change ▼ 0.00 (0%)
CNERGY 4.51 No Change ▼ 0.00 (0%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.44 No Change ▼ 0.00 (0%)
DGKC 86.85 No Change ▼ 0.00 (0%)
FCCL 32.28 No Change ▼ 0.00 (0%)
FFBL 64.80 No Change ▼ 0.00 (0%)
FFL 10.25 No Change ▼ 0.00 (0%)
HUBC 109.57 No Change ▼ 0.00 (0%)
HUMNL 14.68 No Change ▼ 0.00 (0%)
KEL 5.05 No Change ▼ 0.00 (0%)
KOSM 7.46 No Change ▼ 0.00 (0%)
MLCF 41.38 No Change ▼ 0.00 (0%)
NBP 60.41 No Change ▼ 0.00 (0%)
OGDC 190.10 No Change ▼ 0.00 (0%)
PAEL 27.83 No Change ▼ 0.00 (0%)
PIBTL 7.83 No Change ▼ 0.00 (0%)
PPL 150.06 No Change ▼ 0.00 (0%)
PRL 26.88 No Change ▼ 0.00 (0%)
PTC 16.07 No Change ▼ 0.00 (0%)
SEARL 86.00 No Change ▼ 0.00 (0%)
TELE 7.71 No Change ▼ 0.00 (0%)
TOMCL 35.41 No Change ▼ 0.00 (0%)
TPLP 8.12 No Change ▼ 0.00 (0%)
TREET 16.41 No Change ▼ 0.00 (0%)
TRG 53.29 No Change ▼ 0.00 (0%)
UNITY 26.16 No Change ▼ 0.00 (0%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 10,010 Increased By 126.5 (1.28%)
BR30 31,023 Increased By 422.5 (1.38%)
KSE100 94,192 Increased By 836.5 (0.9%)
KSE30 29,201 Increased By 270.2 (0.93%)

US stocks gained, with the Dow and S&P 500 hitting record highs on Thursday after Wal-Mart Stores Inc increased its profit outlook, lifting optimism about earnings. Technology shares extended a run up, led by bellwethers Google Inc, which was upgraded by several brokerages, and Apple Inc, which received a price target increase from Goldman Sachs.
The outlook from Wal-Mart, the world's largest retailer, overshadowed disappointing September sales from other retailers, including Target Corp and J.C. Penney Co Inc Shares of Wal-Mart, which notched their biggest advance in four months, rose 3.7 percent to $47.28 on the New York Stock Exchange.
The Dow Jones industrial average was up 97.55 points, or 0.69 percent, at 14,176.24. The Standard & Poor's 500 Index was up 11.82 points, or 0.76 percent, at 1,574.29. The Nasdaq Composite Index was up 19.61 points, or 0.70 percent, at 2,831.22.
While the Dow and S&P 500 hit all-time highs, the Nasdaq rose to its highest since January 2001. The Dow climbed as high as 14,185.26 intraday, while the S&P 500 jumped earlier to a peak at 1,575.19. The Nasdaq rose as high as 2,834.00.
On the Nasdaq, Apple shares climbed nearly 2 percent to $169.90, while shares of Google jumped 2.4 percent to $639.94. Earlier Google shares climbed to a record of $641.41.

Copyright Reuters, 2007

Comments

Comments are closed.