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 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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