News stories for Muhammad Iqbal

Muhammad Iqbal

Business & Finance

Negative yield threat prompts BlackRock to act on money market fund

LONDON: Global fund manager BlackRock said on Friday that it had told investors in one of its money market funds it woul

Published 12 Sep, 2014 06:30pm

World

EU delays entry into force of free trade pact with Ukraine

BRUSSELS: The European Union, Russia and Ukraine agreed on Friday to delay the application of an EU-Ukraine free trade p

Published 12 Sep, 2014 06:28pm

World

Mexico President slams Texas governor over border crackdown

MEXICO CITY: Texas Gov. Rick Perry's deployment of National Guard troops on the US-Mexican border is "reprehensible"

Published 12 Sep, 2014 06:24pm

Markets

Mauritius 364-day Treasury bills' yield rises to 2.14pc

PORT LOUIS: The weighted average yield on Mauritius' 364-day Treasury bills rose to 2.14 percent at auction from 1.7

Published 12 Sep, 2014 06:23pm

Business & Finance

Dealmaking picks up as German defence firms react to budget cuts

FRANKFURT: Several German defence groups are in talks that could lead to a consolidation of the industry as it struggles

Published 12 Sep, 2014 06:21pm

World

Putin says considering retaliation against ‘strange’ Western sanctions

DUSHANBE: President Vladimir Putin said on Friday new Western sanctions against Russia looked "a bit strange" given his

Published 12 Sep, 2014 06:16pm

World

European rights envoy says pro-Ukraine activists face abuses in Crimea

MOSCOW: Pro-Ukrainian activists and Tatar ethnic minorities in Crimea have found their lives under increased threat sinc

Published 12 Sep, 2014 06:13pm

Commission latest LCR draft still faces pressure on ratings

LONDON: A draft laying out what could be the final rules for covered bonds and asset-backed securities under the Liquidi

Published 12 Sep, 2014 06:11pm

Markets

Wall Street slips at midday; energy a drag

NEW YORK: US stocks were lower at midday on Friday, with energy shares extending recent losses after the Treasury depart

Published 12 Sep, 2014 06:06pm

Markets

Algerian oil sails to Venezuela and US, boosting rival grades

LONDON: CPC Blend and Azeri prices strengthened on Friday as traders cited large exports from the region of rival Algeri

Published 12 Sep, 2014 06:00pm

World

First freeze causes little damage to US Northern Plains crops

CHICAGO: The US northern Plains and far western Midwest crop regions saw their first freeze of the season but the cold t

Published 12 Sep, 2014 05:59pm

World

Nigeria says army repels militants outside northeast city

ABUJA: Nigeria's military beat back an attack by Islamist insurgents outside the Borno state capital Maiduguri on Fr

Published 12 Sep, 2014 05:57pm

Markets

Gazprom may boost 2014 investments to 1 trillion roubles: source

MOSCOW: Russian gas pipeline monopoly Gazprom may increase its 2014 investment programme by 221 billion roubles ($5.8 bi

Published 12 Sep, 2014 05:50pm

US steps up sanctions on Russia over Ukraine

WASHINGTON: The United States hit Russia's largest bank, a major arms maker and arctic, deepwater and shale explorat

Published 12 Sep, 2014 05:47pm

Markets

European shares end slightly lower

LONDON: European equities finished slightly lower on Friday, with investors refraining from making strong bets on stocks

Published 12 Sep, 2014 05:44pm

Markets

North Sea Crude-Forties rises on strong refining margins

LONDON: North Sea Forties crude differentials rose on Friday, supported by stronger refining margins. The average plant

Published 12 Sep, 2014 05:43pm

Markets

Foreign oil services firms will find it hard to return to Russia: minister

MOSCOW: The head of Russia's natural resources ministry said on Friday foreign oil services companies would find it

Published 12 Sep, 2014 05:40pm

Markets

Biotech shares drop, Amarin plunges 20pc

NEW YORK: Biotech stocks were among the weakest sectors on Friday, falling as investors continued to take profit in the

Published 12 Sep, 2014 05:38pm

Markets

Prices, refining margins up on reduced supply: Gasoline

LONDON: Gasoline prices and refining margins climbed again in northwest Europe on Friday as maintenance cut into availab

Published 12 Sep, 2014 05:31pm

Markets

Copper posts biggest weekly loss in two months on dollar

LONDON: Copper prices posted their biggest weekly drop in nearly two months on Friday after the dollar strengthened on s

Published 12 Sep, 2014 05:27pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Cotton US¢/pound / Dec 23	68.96
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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