News stories for Asad Naeem - Business Recorder

Asad Naeem

Markets

Euro sharply trims losses against US dollar

NEW YORK: The euro currency sharply pared its losses against the US dollar in late afternoon trade on Tuesday.The euro t

Published 19 Mar, 2013 09:07pm

World

Saudi Arabia says arrests 18 in spying investigation

RIYADH: Saudi Arabia said on Tuesday that 18 people, including one Iranian, one Lebanese citizen and 16 Saudis, had been

Published 19 Mar, 2013 09:04pm

Top News

After Cyprus vote, ECB says ready to offer liquidity within rules

BERLIN: The European Central Bank said on Tuesday after Cypriot lawmakers overwhelmingly rejected a key element of a pro

Published 19 Mar, 2013 08:55pm

Markets

Corn futures at six-week peak on snug stocks, strong cash

CHICAGO: Chicago Board of Trade (CBOT) corn futures rose 1 percent on Tuesday, the biggest one-day advance in a week, to

Published 19 Mar, 2013 08:49pm

Top News

US natgas futures end up for 5th day, front hits 17-month high

NEW YORK: US natural gas futures ended higher on Tuesday for a fifth day, with below normal temperatures this week and e

Published 19 Mar, 2013 08:30pm

Markets

Brent oil falls 2 pct to 3-month low on Cyprus fears

NEW YORK: Brent crude oil fell 2 percent to a three-month low under $108 a barrel on Tuesday as uncertainty over a bailo

Published 19 Mar, 2013 08:24pm

Business & Finance

Bank of Canada to buy back up to C$1bn of bonds

TORONTO: The Bank of Canada said on Tuesday it plans to buy back up to C$1 billion ($973.28 million) of bonds from up to

Published 19 Mar, 2013 08:19pm

Business & Finance

Nvidia unveils virtual graphics server in push beyond PCs

SAN JOSE: Chipmaker Nvidia on Tuesday unveiled a server product that allows multiple individuals to virtually connect th

Published 19 Mar, 2013 08:14pm

Top News

Petrobras committed to investment-grade debt, no stock sale

RIO DE JANEIRO: Brazil's state-run oil company Petroleo Brasileiro SA and its board of directors are committed to mainta

Published 19 Mar, 2013 08:04pm

Top News

Finnish govt to cut 2013 growth forecast -report

HELSINKI: Finland's finance ministry is set to cut its forecast for the country's gross domestic product in 2013, urging

Published 19 Mar, 2013 07:59pm

World

Blasts at Nigeria bus park kill at least 20

KANO: A series of blasts targeting buses full of passengers in Nigeria's second city of Kano killed at least 20 people o

Published 18 Mar, 2013 11:10pm

Top News

US oil gains on hopes Cyprus impact limited

NEW YORK: US oil prices rose modestly Monday on hopes that the controversy over a bank depositor tax included in the EU-

Published 18 Mar, 2013 11:03pm

World

Wanted DR Congo rebel surrenders to US embassy in Kigali

KIGALI: Democratic Republic of Congo rebel Bosco Ntaganda, wanted by the International Criminal Court for a string of al

Published 18 Mar, 2013 10:58pm

Top News

US welcomes Albania offer to resettle Iran exiles

WASHINGTON: The United States on Monday welcomed an offer from Albania to take in 210 members of an Iranian opposition

Published 18 Mar, 2013 10:53pm

Life & Style

Sao Paulo launches summer fashion week

SAO PAULO: Sao Paulo Fashion Week (SPFW), Latin America's premier style event, starts Monday, with 25 designers set to s

Published 18 Mar, 2013 10:51pm

World

British parties strike deal on new press watchdog

LONDON: Britain's newspapers on Monday vowed to scrutinise a deal struck by politicians on a tough new press regulator,

Published 18 Mar, 2013 10:16pm

Life & Style

Electronic Arts chief out as earnings ebb

SAN FRANCISCO: Electronic Arts on Monday announced that chief executive John Riccitiello is stepping down and that the U

Published 18 Mar, 2013 10:12pm

Top News

India seen cutting rates to boost growth

MUMBAI: India's central bank is expected to cut interest rates for a second time this year on Tuesday in an effort to ki

Published 18 Mar, 2013 10:07pm

Top News

Eurozone says ditch Cyprus tax grab on smallest accounts

BRUSSELS: The eurozone told Cyprus on Monday to ditch the part of a hugely controversial 5.8-billion-euro grab on saving

Published 18 Mar, 2013 10:05pm

Markets

Euro plummets on Cyprus bailout turmoil

NEW YORK: The euro sank against other major currencies Monday after the proposed bailout for Cyprus, including a steep t

Published 18 Mar, 2013 10:03pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 26	157.65
USD to Swiss Franc / Dec 26	0.90
Pound Sterling to USD / Dec 26	1.25
Euro to USD / Dec 26	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
FTSE 100 / Dec 24	8,136.99
France CAC40 / Dec 24	7,282.69
S&P 500 / Dec 26	6,037.59
Nasdaq / Dec 26	20,020.36
Dow Jones / Dec 26	43,325.80
India Sensex / Dec 27	78,791.05
Tokyo Nikkei / Dec 27	40,281.16

Item	Value
Gold 10 Grams PKR / Dec 26	234,911.70
Petrol/Litre / Dec 27	252.10
Crude Oil USD/Barrel / Dec 27	69.54
Karachi Cotton PKR/37.32 KG / Dec 27	17,785
Gold Spot USD/Ounce / Dec 27	2,634.16
Diesel/Litre / Dec 27	255.38

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Trust Sec.& Brok. / Dec 27 Trust Securities & Brokerage Limited(TSBL)	12.71 ▲ 1.16 (10.04%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)
Liven Pharma / Dec 27 Liven Pharma Limited(LIVEN)	124.41 ▲ 11.31 (10.00%)
Nimir Resins / Dec 27 Nimir Resins Limited(NRSL)	35.41 ▲ 3.22 (10.00%)
Suhail Jute / Dec 27 Suhail Jute Mills Limited(SUHJ)	108.97 ▲ 9.91 (10.00%)
Pak Gulf Leasing / Dec 27 Pak-Gulf Leasing Company Limited(PGLC)	17.39 ▲ 1.58 (9.99%)
Shams Textile / Dec 27 Shams Textile Mills Limited(STML)	28.68 ▲ 2.57 (9.84%)

Stock	Price
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Olympia Mills / Dec 27 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Sardar Chemical / Dec 27 Sardar Chemical Industries Limited(SARC)	33.04 ▼ -3.63 (-9.90%)
Hafiz Ltd. / Dec 27 Hafiz Limited(HAFL)	255 ▼ -26.68 (-9.47%)
Premium Textile / Dec 27 Premium Textile Mills Limited(PRET)	351 ▼ -33.21 (-8.64%)
Kohinoor Mills / Dec 27 Kohinoor Mills Limited(KML)	29.50 ▼ -2.53 (-7.90%)
B.R.R. Guardian / Dec 27 B.R.R. Guardian Limited(BRRG)	21 ▼ -1.77 (-7.77%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	93,341,113 ▲ 1.34
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	49,879,145 ▲ 0.00
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 1.72
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.07
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	24,578,068 ▲ 0.54
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	24,568,564 ▲ 0.32
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	24,455,646 ▲ 0.94
K-Electric Ltd. / Dec 27 K-Electric Limited(KEL)	22,753,854 ▲ 0.05
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	17,934,003 ▼ -0.06

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