News stories for Administrator

Administrator

Markets

Rally in oil drives up stocks; euro rebounds

NEW YORK : Oil jumped more than 2 percent on Tuesday, driving world stocks up, after Goldman Sachs forecast strong fuel

Published 24 May, 2011 04:23pm

Business & Finance

SSGC recovers Rs190mn from defaulters

KARACHI : Sui Southern Gas Company (SSGC) has recovered Rs 194 million from its customers under a comprehensive reco

Published 24 May, 2011 04:13pm

Markets

Fauji Cement to issue right shares

KARACHI : Fauji Cement Company Ltd will issue 637.826 million right shares of Rs 10 each at a 50 percent discount.

Published 24 May, 2011 04:05pm

Top News

500 flights cancelled Tuesday due to volcano: Eurocontrol

BRUSSELS : Around 500 flights were cancelled on Tuesday after an ash cloud from an Iceland ic volcano blew over northe

Published 24 May, 2011 03:34pm

Markets

Bunds fall, downside limited by contagion concerns

LONDON : German bonds fell on Tuesday as investors cashed in on the previous day's rally but signs that the euro zone cr

Published 24 May, 2011 02:48pm

Business & Finance

Ambassador of Azerbaijan calls on CJCSC

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Published 24 May, 2011 02:41pm

World

US new-home sales rise for second month

WASHINGTON : Sales of new homes in the United States increased for the second consecutive month in April, crawling out

Published 24 May, 2011 02:29pm

World

Wal-Mart plans more megastores in India

NEW DELHI : Retail giant Wal-Mart said on Tuesday it aims to open up to 20 more megastore wholesale outlets in India by

Published 24 May, 2011 02:21pm

Markets

KSE ended up, rupee firms

KARACHI : Karachi Stocks Exchange (KSE) on Tuesday ended higher on rumours that some new tax measures for 2011/12 may

Published 24 May, 2011 02:07pm

Business & Finance

Goldman raises year-end Brent forecast to $120/bbl from $105

SINGAPORE: Goldman Sachs has raised its Brent crude price forecast for 2011 and 2012 on expectation fuel demand growth w

Published 24 May, 2011 02:02pm

Markets

US stocks edge higher after upbeat European data

NEW YORK : US stocks opened slightly higher Tuesday following steep declines the prior day, with positive economic da

Published 24 May, 2011 01:49pm

Top News

China says unaware of Gwadar base proposal

BEIJING : China's foreign ministry said Tuesday it was unaware of a request by Pakistan to Beijing for help in building

Published 24 May, 2011 01:48pm

Business & Finance

US 10-year yields shy away from 5-month low

LONDON : US Treasuries fell slightly in Europe on Tuesday, with yields bouncing off recent five-month lows ahead of up

Published 24 May, 2011 01:42pm

Pakistan

LCCI urges govt to withdraw SRO on machinery import

LAHORE : Lahore Chamber of Commerce and Industry (LCCI) Tuesday urged the government to withdrew SRO (Statutory Revenu

Published 24 May, 2011 01:26pm

Markets

LSE gains 24.54 points

LAHORE : The Lahore Stock Exchange witnessed bullish trend by gaining 24.54 points on Tuesday as LSE-25 index opened wit

Published 24 May, 2011 01:21pm

Markets

Marks & Spencer plans renovate store

LONDON : British retailer Marks & Spencer will test new store formats tailored to local needs as it looks to coax sho

Published 24 May, 2011 12:00pm

World

Public Finance disappoint at fiscal year begins: UK

LONDON : Britain 's public finances made a disappointing start to the fiscal year as weaker tax receipts and higher

Published 24 May, 2011 10:55am

Business & Finance

Estonia long term overdue rise

TALLINN: The amount of loans overdue more than 60 days in Estonia's banking system rose by 0.2 percent to 6.4 percent

Published 24 May, 2011 10:13am

Top News

India, Africa trade summit opens in Addis Ababa

ADDIS ABABA: Indian Prime Minister Manmohan Singh and a dozen African leaders began a trade summit in the Ethiopian c

Published 24 May, 2011 09:39am

Top News

Pakistan nuclear security 'of concern': NATO

KABUL: The head of NATO said Tuesday he was confident Pakistan's nuclear weapons were safe, but admitted it was a mat

Published 24 May, 2011 09:33am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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