News Archives for Print - 2004-04-25

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Print - 2004-04-25

New York cotton

Closing prices of New York cotton in US cents/pound on Friday.

Published 25 Apr, 2004 12:00am

New York cotton

Closing prices of New York cotton in US cents/pound on Friday.

Published 25 Apr, 2004 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Poultry rates

Wholesale poultry rates on Saturday (April 24) and rates for Sunday (April 25, 2004).

Published 25 Apr, 2004 12:00am

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Yarn Prices

Karachi Yarn Market Rates

Karachi Yarn Market Rates on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Yarn Prices

Karachi Yarn Market Rates

Karachi Yarn Market Rates on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Multan commodities market rates

Commodities market rates in rupees on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Grain market rates

Karachi grain market rates in rupees on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Karachi chemicals and dyes market rates

Chemicals and dyes market rates in rupees on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Rates of spices and other allied commodities

Rates of spices and other allied commodities in rupees prevailing on the commodity markets in Karachi on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

THE RUPEE: seven paisa gain against dollar in kerb on SBP warning to dealers

The rupee at the weekend gained strength in the open market on State Bank's warning to exchange companies to ward off speculative trade in dollars and strictly follow the rules of forex.

Published 25 Apr, 2004 12:00am

THE RUPEE: seven paisa gain against dollar in kerb on SBP warning to dealers

The rupee at the weekend gained strength in the open market on State Bank's warning to exchange companies to ward off speculative trade in dollars and strictly follow the rules of forex.

Published 25 Apr, 2004 12:00am

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday April 26, 2004.

Published 25 Apr, 2004 12:00am

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday April 26, 2004.

Published 25 Apr, 2004 12:00am

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday April 26, 2004.

Published 25 Apr, 2004 12:00am

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 17th April, 2004.

Published 25 Apr, 2004 12:00am

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 17th April, 2004.

Published 25 Apr, 2004 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Currency values in term of Special Drawing Rights

The International Monetary Fund(IMF), treasuries' department's currency values in terms of Special Drawing Rights(SDR).

Published 25 Apr, 2004 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm

Published 25 Apr, 2004 12:00am

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 25 Apr, 2004 12:00am

Karachi interbank rates

Karachi interbank rates on Saturday (April 24, 2004).

Published 25 Apr, 2004 12:00am

US and EU to beef up shipping security co-operation

The United States and the European Union signed a shipping security deal on Thursday to improve co-operation against terrorism, but critics say it creates loopholes and may increase risks to non-US ports.

Published 25 Apr, 2004 12:00am

Brazil's sugar vessels lineup rises

The lineup of vessels to load sugar in Brazil's ports rose to 24 from 21 a week ago, shipping agent Williams said Thursday.

Published 25 Apr, 2004 12:00am

Maersk to build container terminal

Danish oil and shipping group A.P. Moeller-Maersk said on Tuesday its subsidiary APM Terminals would build a container terminal in Portsmouth, Virginia in the United States.

Published 25 Apr, 2004 12:00am

Asian freight rates soft on slow grain shipments

Panama dry bulk rates were flat with an easier bias on Tuesday on slow shipments of new South American crops, with China's attempts to curb its rapid economic growth hurting market sentiment, regional brokers said.

Published 25 Apr, 2004 12:00am

China Shipping net profit jumps

China Shipping Development Co Ltd said its first-quarter net profit more than doubled as China's rising demand for crude oil fuelled oil transhipping.

Published 25 Apr, 2004 12:00am

China Shipping net profit jumps

China Shipping Development Co Ltd said its first-quarter net profit more than doubled as China's rising demand for crude oil fuelled oil transhipping.

Published 25 Apr, 2004 12:00am

Maersk's container unit sees growth

The container shipping business is set to go on growing this and next year, the head of Maersk Sealand, the container unit of Denmark's A. P. Moeller-Maersk, said on Friday.

Published 25 Apr, 2004 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 74,460 tonnes of cargo including 54,264 tonnes import and 20,196 tonnes export cargo during last 24 hours ending at 0700 hours on Saturday.

Published 25 Apr, 2004 12:00am

Abu Dhabi to sign 'important deal' with Volkswagen

A senior Abu Dhabi official will sign a deal with German carmaker Volkswagen AG during a visit to Berlin which starts on Monday, the UAE's official news agency WAM said on Friday.

Published 25 Apr, 2004 12:00am

Zimbabwean finance minister arrested

Zimbabwe's finance minister was arrested on Saturday on charges of dealing in foreign currency, police said, the first senior official in President Robert Mugabe's government to be detained in a corruption crackdown.

Published 25 Apr, 2004 12:00am

German government and institutes to trim growth forecasts

Germany's government and six leading economic think tanks will next week trim their forecasts for German growth this year, German media reported on Saturday.

Published 25 Apr, 2004 12:00am

New problems threaten China's growth: president

China needs to rein in "blind" investment and construction, President Hu Jintao said on Saturday, reiterating vows to curb over-investment to avoid derailing growth in the world's sixth-biggest economy.

Published 25 Apr, 2004 12:00am

US and Libyan bankers discuss frozen assets

Libya welcomed a US move to relax its trade embargo on the North African state and said on Saturday bankers from the two countries were discussing ways to unfreeze Libyan assets in the United States.

Published 25 Apr, 2004 12:00am

Stepper industry gathers steam as chip makers spend

When Yoshimichi Kawai became Nikon Corp's head of stepper production a little over a year ago, a recovery for these multi-million-dollar machines that make microchips was far from assured.

Published 25 Apr, 2004 12:00am

US halts financial intelligence to Mexico

The US Treasury has stopped giving financial intelligence to Mexico after confidential information was leaked in a corruption scandal involving Mexico City's mayor, both countries said on Friday.

Published 25 Apr, 2004 12:00am

Iraq hostilities disrupt rebuilding projects

Major US engineering and construction companies working to rebuild Iraq said on Friday hostilities are disrupting their projects but most of their work is on schedule.

Published 25 Apr, 2004 12:00am

Malaysia eyes 13.3 million tourists

Malaysia said Saturday it was confident the number of tourists visiting it this year would climb back to the 2002 level of 13.3 million after dropping last year because of SARS and the Iraq war.

Published 25 Apr, 2004 12:00am

G7 sees global growth, but warns on oil and forex

Group of Seven finance ministers said on Saturday prospects for global growth are favourable but warned rising oil prices are a risk, and repeated a warning against excess volatility in foreign exchange rates.

Published 25 Apr, 2004 12:00am

Singapore inflation slows

Singapore's annual inflation rate surprisingly slowed in March despite a rapid rebound in economic growth that has prompted the central bank to try to nip price pressures in the bud.

Published 25 Apr, 2004 12:00am

Mitsubishi Motors officers may face negligence charges

Troubled Japanese automaker Mitsubishi Motors may receive another blow to its image as its current and former officers could face negligence charges over truck defects that caused a fatal accident, news reports said Saturday.

Published 25 Apr, 2004 12:00am

Japan to finalise US beef imports deal by summer

Japan and the United States agreed on Saturday to aim for a solution by this summer to Japan's ban on US beef imports, a Japanese official said.

Published 25 Apr, 2004 12:00am

Malaysian tin up

Malaysian tin recouped most of the previous day's losses on Friday as the market tracked overnight gains on the London Metal Exchange (LME).

Published 25 Apr, 2004 12:00am

Comex copper gains on bargain hunting

Comex copper futures edged higher on Friday as signs that demand for copper might be heating up led to a late bout of buying ahead of the weekend, traders said.

Published 25 Apr, 2004 12:00am

New York precious metals bounce, end up from week's lows

New York precious metals settled higher on Friday on bargain hunting after being pummelled to oversold terrain in this week's sell-off, but robust US durable goods data that boosted the dollar capped gains.

Published 25 Apr, 2004 12:00am

Shanghai copper falls further

Shanghai copper fell for the fourth consecutive day on Friday in dampened demand due to government attempts to cool China's white-hot economy, traders said.

Published 25 Apr, 2004 12:00am

Sri Lanka rubber prices rise on strong demand

Prices at Sri Lanka's two-day natural rubber auction rose this week on strong overseas demand coupled with crimped volumes because of a drought on the island, brokers said on Friday.

Published 25 Apr, 2004 12:00am

Rubber falls in Tokyo as end to dry season looms

Tokyo rubber futures settled lower on Friday on expectations supplies will start to rise as the end of the dry season in rubber producing countries nears.

Published 25 Apr, 2004 12:00am

CBOT rice remains strong on technical

Chicago Board of Trade rice futures continued an upturned on Friday, ending higher on strong technical, traders said.

Published 25 Apr, 2004 12:00am

US corn exports speed up

US corn exports are speeding up from an already strong pace, with a sharp decline in corn futures prices renewing a competitive edge against rival Argentina and reviving sales to South Korea, traders said.

Published 25 Apr, 2004 12:00am

Soyabean higher on firm cash and soyaoil

Chicago Board of Trade soyabean ended mostly higher on Friday on tight US Soya supplies, firm US and South American cash trade, and strong soyaoil prices, brokers said.

Published 25 Apr, 2004 12:00am

CSCE sugar ends mixed on rollover, spec sales

CSCE raw sugar futures settled mixed on Friday, with nearby months declining, as May/July rollover stayed in focus before the May contract expires next week, dealers said.

Published 25 Apr, 2004 12:00am

Strong dollar hits metals, oil supported by supply, security fears

A strong dollar pushed gold prices to a five-month low this week, and weighed on other commodities, while oil drew support from worries over supply and global security.

Published 25 Apr, 2004 12:00am

Grain market prices

Two changes were seen in commodities traded on seed and grain wholesale market on Saturday.

Published 25 Apr, 2004 12:00am

Egypt buys Australian wheat

Egypt's main official wheat buyer said on Saturday he had bought 120,000 tonnes of Australian wheat for June 1-20 shipment.

Published 25 Apr, 2004 12:00am

CBOT wheat slides as funds liquidate

Soft red winter wheat futures at the Chicago Board of Trade continued to slide on Friday, hit by fund long liquidation over the last three sessions, traders said.

Published 25 Apr, 2004 12:00am

Oilcake market rates

The May vaida opened at Rs 461.20 and highest was seen at Rs 461.30. Later trading depressed and it shed sharply to be the lowest at Rs 457.30 but closing was seen higher at Rs 461.30.

Published 25 Apr, 2004 12:00am

Cotton market wears cheerless look

Cotton market wore cheerless look on Saturday as spinners showed their determination not to yield to pressure from ginners or any foreign factor, relevant sources said.

Published 25 Apr, 2004 12:00am

Low trade on Jodia Bazar

Dyes showed some changes on the Jodia Bazar on Saturday amid low business.

Published 25 Apr, 2004 12:00am

Hide and skin rates

Following is the market quotation for hide and skins for the month of March 2004 according to the release issued on April 17 by the Pakistan Tanners Association (PTA) received at our end on April 24, 2004.

Published 25 Apr, 2004 12:00am

Yen speculators flip to net short position

Speculators in IMM yen futures reversed into a net short position in the period ended April 20, from a net long position the prior period, data from the Commodity Futures Trading Commission showed on Friday.

Published 25 Apr, 2004 12:00am

Forex market views, key levels

Following is a selection of comments from analysts on important technical developments in the foreign exchange market.

Published 25 Apr, 2004 12:00am

Dollar buoyed by US data, Fed comments

The dollar rebounded on Friday as a robust US durable goods report and more comments from Fed officials strengthened the view that US interest rates will head higher in the near term, analysts said.

Published 25 Apr, 2004 12:00am

Canadian dollar slides

The Canadian dollar fell on Friday after the greenback was broadly supported by hopes of higher US interest rates and strong data ahead of a meeting of top finance officials of the world's richest nations.

Published 25 Apr, 2004 12:00am

Indian foreign exchange reserves at new peak on RBI intervention

India's foreign exchange reserves rose to a record $117.59 billion in the week ended April 16 as the central bank continued to mop up a bulk of the overseas capital flowing into the country, analysts said.

Published 25 Apr, 2004 12:00am

Brazilian real rises

Brazilian currency and stocks rose on Friday after the government posted a record primary budget surplus for March, soothing investor fears about its fiscal woes, traders said.

Published 25 Apr, 2004 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	277.93
USD PKR Interbank Buying / Nov 28	278.13
USD to Japanese Yen / Nov 28	151.53
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.27
Euro to USD / Nov 28	1.05

Stock	Volume
S&P 500 / Nov 27	5,998.74
Nasdaq / Nov 27	19,060.48
Dow Jones / Nov 27	44,722.06
India Sensex / Nov 28	79,455.91
Tokyo Nikkei / Nov 28	38,303.45
Hang Seng / Nov 28	19,368.83
FTSE 100 / Nov 28	8,289.96
Germany DAX 30 / Nov 28	19,381.32

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17,685
Gold 10 Grams PKR / Nov 27	236,540
Petrol/Litre / Nov 28	248.38
Crude Oil USD/Barrel / Nov 28	68.72
Gold Spot USD/Ounce / Nov 28	2,635.70
Diesel/Litre / Nov 28	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 28 786 Investments Limited(786)	6.54 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 28 Al-Abbas Sugar Mills Limited(AABS)	615 ▼ 0.00 (0.00%)
Agro Allianz / Nov 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 28 Ali Asghar Textile Mills Limited(AATM)	69.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 28 Allied Bank Limited(ABL)	132.35 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 28 Abbott Laboratories (Pakistan) Limited(ABOT)	992.51 ▼ 0.00 (0.00%)
Abson Ind. / Nov 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 28 Alfalah Consumer Index ETF.(ACIETF)	12.20 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 28 786 Investments Limited(786)	6.54 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 28 Al-Abbas Sugar Mills Limited(AABS)	615 ▲ 0.00 (0.00%)
Agro Allianz / Nov 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 28 Ali Asghar Textile Mills Limited(AATM)	69.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 28 Allied Bank Limited(ABL)	132.35 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 28 Abbott Laboratories (Pakistan) Limited(ABOT)	992.51 ▲ 0.00 (0.00%)
Abson Ind. / Nov 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 28 Alfalah Consumer Index ETF.(ACIETF)	12.20 ▲ 0.00 (0.00%)

Stock	Volume
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	114,966,225 ▲ 0.00
Hascol Petrol / Nov 28 Hascol Petroleum Limited(HASCOL)	106,286,630 ▲ 0.00
K-Electric Ltd. / Nov 28 K-Electric Limited(KEL)	91,200,956 ▲ 0.00
Fauji Foods Ltd / Nov 28 Fauji Foods Limited(FFL)	54,248,949 ▲ 0.00
Bank Makramah / Nov 28 Bank Makramah Limited(BML)	37,218,539 ▲ 0.00
Pace (Pak) Ltd. / Nov 28 Pace (Pakistan) Limited(PACE)	35,016,136 ▲ 0.00
Sui South Gas / Nov 28 Sui Southern Gas Company Limited(SSGC)	30,887,483 ▲ 0.00
Cnergyico PK / Nov 28 Cnergyico PK Limited(CNERGY)	29,932,157 ▲ 0.00
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	26,219,598 ▲ 0.00

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