World stocks scale two-year highs; oil firm

PARIS :World stocks hit their highest level since September 2008 on Thursday while oil held near a two-year peak as favourable US data reinforced expectations economic growth will retain momentum into next year.
Wednesday s upwardly revised data showing the U. S economy expanded at 2. 6 percent in the third quarter, coupled with recent retail sales figures, pointed to firmer economic activity in the world s largest economy. Stronger banking stocks helped the S&P 500 index hit its highest level since the collapse of Lehman Brothers

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KARACHI : The repatriation of profit and dividend by the foreign investors registered a slight increase of 3 percent during the first five months of the current fiscal year.

Foreign investors: repatriation of profit..

KARACHI : The repatriation of profit and dividend by the foreign investors registered a slight increase of 3 percent during the first five months of the current fiscal year