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Market

Equities hold at all-time high after bumper week
Oil and gold remain under pressure on Iraq and Ukraine unrest
Sensex logs first drop in five days, glitch mars trading
Profit-taking in recent outperformers like realty, oil and gas and power sector stocks was seen in volatile trade.
Global equities near fresh highs with eyes on US data
Oil falls towards $111 on possible agreement on Libyan ports
European shares set for weekly decline
Iraq, Ukraine worries and weak data weigh
ICD hopes to cap good year with $1b Pak sukuk mandate
The private sector arm of the Islamic Development Bank announced a flurry of initiatives this week and hopes to advise on the mandate for Pakistanís $1 billion Islamic bond, which would cap a landmark year for the Jeddah-based institution.
NBAD enables UKís sovereign sukuk issue
The National Bank of Abu Dhabi, or NBAD, has successfully executed the UK governmentís debut sukuk issue in its capacity as joint lead manager and joint bookrunner.
K-Electric to raise Rs22b 
via sukuk
Karachi-based utility K-Electric plans to raise as much as Rs22 billion ($223.1 million) through Islamic bonds to refinance existing debt, the latest transaction in Pakistanís reviving Islamic debt capital market.
Europe, Asia stocks put aside US growth setback
Stock markets in Europe and Asia looked past gains by Iraqi militants and poor first-quarter growth in the United States on Thursday, with some investors raising their forecasts for a US economic bounce in coming months.
European stocks fall as Iraq concerns escalate
Europeís top share index slipped to a three-week low on Wednesday as concerns that violence in Iraq could escalate further prompted investors to take refuge in safer assets.
First UK Islamic bond draws torrent of bids
Five-year sukuk attracts £2.3 billion of orders
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