News stories for Asad Naeem - Business Recorder

Asad Naeem

Markets

Cotton contract defaults slow from record, though pace remains high

NEW YORK: The waves of contract defaults that have plagued the cotton industry slowed in the first half of 2013 from the

Published 02 Jul, 2013 10:09pm

Business & Finance

Toyota expects to fall short of Prius US sales goal in 2013

DETROIT: Toyota Motor Corp will fall short of its goal to sell 250,000 of its hybrid Prius models in the US market this

Published 02 Jul, 2013 10:05pm

Sports

Tharanga on Caribbean ODI high for Sri Lanka

KINGSTON: Upul Tharanga plundered the highest individual score in a One-Day International in the Caribbean as Sri Lanka

Published 02 Jul, 2013 09:54pm

World

Somali envoy in South Africa to discuss xenophobic attacks

PRETORIA: A Somali envoy on Tuesday met officials in Pretoria in a bid to ease tensions stirred by recurring attacks on

Published 02 Jul, 2013 09:50pm

Portugal PM to carry on, seek solution to political instability

LISBON: Portugal's Prime Minister Pedro Passos Coelho will stay at the helm of the government and work to overcome a

Published 02 Jul, 2013 09:32pm

Markets

Oil climbs on geopolitical tensions, bright data

LONDON: World oil prices advanced Tuesday on the back of growing concern about unrest in Egypt and bright global economi

Published 02 Jul, 2013 09:26pm

French environment minister sacked for criticising budget

PARIS: French President Francois Hollande on Tuesday sacked his environment minister Delphine Batho for describing this

Published 02 Jul, 2013 09:18pm

Children among 19 dead in Siberia helicopter crash

MOSCOW: Nineteen people, including children, died on Tuesday when a MI-8 helicopter crashed in the nearly impassable tai

Published 02 Jul, 2013 08:50pm

Markets

Brazil stocks plunge in broad sell-off

SAO PAULO: Brazilian stocks posted their biggest one-day drop in nearly two years on Tuesday as mounting concerns over t

Published 02 Jul, 2013 08:47pm

Markets

Bargain buying gives modest lift to wheat and corn

CHICAGO: Chicago Board of Trade wheat and corn futures notched tepid gains on Tuesday on bargain buying after sharp decl

Published 02 Jul, 2013 08:41pm

Business & Finance

Microsoft entertainment head may leave to be Zynga CEO

SAN FRANCISCO: Games publisher Zynga Inc could replace its chief executive Mark Pincus with Microsoft Corp executive Don

Published 02 Jul, 2013 12:22am

Markets

Oil gains on US equity markets, geopolitical risk

NEW YORK: Brent crude oil started the third quarter up nearly $1 a barrel on Monday amid a broad commodities rally due t

Published 02 Jul, 2013 12:20am

Markets

South Africa's rand struggles despite firm local data

JOHANNESBURG: South Africa's rand was slightly weaker against the dollar on Monday despite data showing stronger man

Published 02 Jul, 2013 12:19am

Markets

Top British shares boosted by data at start of new month

LONDON: Britain's top share index rose on Monday, with strong domestic and global data encouraging fresh bets on ind

Published 02 Jul, 2013 12:17am

Markets

Brazil stocks fall as OGX plunges

SAO PAULO: Brazil's stock index fell on Monday as heavily weighted oil firm OGX Petroleo e Gas Participacoes SA plum

Published 02 Jul, 2013 12:16am

Business & Finance

Brazil speeds end of incentives for buying smaller banks' assets

SAO PAULO: Brazil's central bank said on Monday it was removing incentives for banks to buy up loan portfolios from

Published 01 Jul, 2013 11:56pm

Markets

Egypt's GASC seeks wheat for Aug. 10-20 shipment

CAIRO: Egypt's main wheat-buying agency, the General Authority for Supply Commodities (GASC), set a tender on Monday

Published 01 Jul, 2013 11:49pm

Markets

Mexico stocks end higher, Chile slips after Bachelet win

SAO PAULO / MEXICO CITY: Mexican stocks rose on Monday for the fifth straight session to close at their highest level in

Published 01 Jul, 2013 11:47pm

Markets

Argentina soy price follows nearby CBOT contract higher

BUENOS AIRES: Argentina's closing soy prices and trends on Monday:In the Rosario grains market, soy closed at 1,700-

Published 01 Jul, 2013 11:45pm

Markets

ICE cotton futures gain on short-covering, investor buying

NEW YORK: ICE cotton futures rose on Monday on trade buying and a renewed appetite for risk from investors, after postin

Published 01 Jul, 2013 11:36pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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