News Archives for Print - 2007-04-27

Plastic mouldings up on Jodia Bazar

The trading on plastic mouldings ended up on Jodia Bazar here on Thursday. The following variations were noted.

Published 27 Apr, 2007 12:00am

Bulls rule the roost on stock market

Buying rally on the back of fresh fund injection by the foreign investors supported the KSE-100 index to continue its upward journey on the third consecutive day to close at its intra-day high level 12,208.87 points level, with the net gain of 42.84 point

Published 27 Apr, 2007 12:00am

CBOT wheat futures soar

Wheat futures at the Chicago Board of Trade soared on Thursday, closing nearly 5 percent higher as concerns about dry weather in Europe and a surge in corn futures ignited speculative buying, traders said. Nearby wheat contracts climbed the maximum daily

Published 27 Apr, 2007 12:00am

Bulls rule the roost on stock market

Buying rally on the back of fresh fund injection by the foreign investors supported the KSE-100 index to continue its upward journey on the third consecutive day to close at its intra-day high level 12,208.87 points level, with the net gain of 42.84 point

Published 27 Apr, 2007 12:00am

US Plains HRW wheat bids mostly steady

US Plains hard red winter wheat basis bids were mostly steady on Thursday, with a slight increase in sales out of the country noted as futures prices rose, merchants said. Domestic mill demand continued to underpin the market as farmers kept a close eye o

Published 27 Apr, 2007 12:00am

Bulls rule the roost on stock market

Buying rally on the back of fresh fund injection by the foreign investors supported the KSE-100 index to continue its upward journey on the third consecutive day to close at its intra-day high level 12,208.87 points level, with the net gain of 42.84 point

Published 27 Apr, 2007 12:00am

Oil cake market rates

Contracts were higher on the forward cottonseeds oilcake market on Thursday as buyers did some business to meet their needs, dealers said. The May vaida was unchanged at Rs 645.50 and that proved to be day's lowest at the same rate.

Published 27 Apr, 2007 12:00am

Filing of withholding tax statements at one station allowed

The Central Board of Revenue (CBR) has allowed the large companies to file monthly withholding statements at one station where their income is being assessed to remove procedural difficulties faced by the withholding agents.

Published 27 Apr, 2007 12:00am

KCA curtails spot rate by Rs 25

The feature of the day was modest fall in the official spot rate just after staring the trade in new crop for 2007-08 season, dealers said at the cotton market on Thursday. The Karachi Cotton Association (KCA) official spot rate after maintaining a firm p

Published 27 Apr, 2007 12:00am

Filing of withholding tax statements at one station allowed

The Central Board of Revenue (CBR) has allowed the large companies to file monthly withholding statements at one station where their income is being assessed to remove procedural difficulties faced by the withholding agents.

Published 27 Apr, 2007 12:00am

New corp sales make debut on cotton market

A sale of 400 bales of new crop cotton for delivery on 15th August 2007 at Rs 2600 per maund from Mirpurkhas in Sindh last Wednesday became a harbinger of good news that the forthcoming crop (2007-08) may arrive well in time and bring further relief to th

Published 27 Apr, 2007 12:00am

Filing of withholding tax statements at one station allowed

The Central Board of Revenue (CBR) has allowed the large companies to file monthly withholding statements at one station where their income is being assessed to remove procedural difficulties faced by the withholding agents.

Published 27 Apr, 2007 12:00am

New corp sales make debut on cotton market

A sale of 400 bales of new crop cotton for delivery on 15th August 2007 at Rs 2600 per maund from Mirpurkhas in Sindh last Wednesday became a harbinger of good news that the forthcoming crop (2007-08) may arrive well in time and bring further relief to th

Published 27 Apr, 2007 12:00am

Nuclear programme not to be rolled back: Shaukat

Prime Minister Shaukat Aziz on Thursday said Pakistan seeks peace through strength in South Asia and will never compromise on its nuclear programme or its minimum deterrence needs.

Published 27 Apr, 2007 12:00am

NYBoT cotton stocks rise

Certificated cotton stocks deliverable against New York Board of Trade's (NYBOT) No 2 cotton futures contract as of April 24 totalled 703,216 (480-lb) bales, from 695,893 bales the previous session. There were 7,836 bales issued, 23,231 bales were awaitin

Published 27 Apr, 2007 12:00am

Nuclear programme not to be rolled back: Shaukat

Prime Minister Shaukat Aziz on Thursday said Pakistan seeks peace through strength in South Asia and will never compromise on its nuclear programme or its minimum deterrence needs.

Published 27 Apr, 2007 12:00am

New York cocoa rises modestly

US cocoa futures closed a shade higher in quiet trade on Wednesday, but held well below the recent near-four-year high, while July-December position rolling represented a significant amount of the volume, traders said.

Published 27 Apr, 2007 12:00am

Undue protection to private sector weakens industrial base: Tareen

Minister for Industries, Jahangir Khan Tareen and State Minister for Finance, Omer Ayub Khan, on Thursday conceded that the policy of pampering and undue protection to private sector has weakened Pakistan''s industrial base, besides intoxicating domestic

Published 27 Apr, 2007 12:00am

MGE spring wheat higher

Spring wheat futures on the Minneapolis Grain Exchange closed sharply higher on Wednesday, with contract highs hit in several months, on slipover from a surge in Chicago Board of Trade wheat, traders said.

Published 27 Apr, 2007 12:00am

Undue protection to private sector weakens industrial base: Tareen

Minister for Industries, Jahangir Khan Tareen and State Minister for Finance, Omer Ayub Khan, on Thursday conceded that the policy of pampering and undue protection to private sector has weakened Pakistan's industrial base, besides intoxicating domestic i

Published 27 Apr, 2007 12:00am

Coffee slips

US arabica coffee inched to a weak close for the sixth straight day on Wednesday, pressured by fund and origin selling in a rangebound session following on Tuesday's fresh six-month low, traders said.

Published 27 Apr, 2007 12:00am

Undue protection to private sector weakens industrial base: Tareen

Minister for Industries, Jahangir Khan Tareen and State Minister for Finance, Omer Ayub Khan, on Thursday conceded that the policy of pampering and undue protection to private sector has weakened Pakistan's industrial base, besides intoxicating domestic i

Published 27 Apr, 2007 12:00am

US copper futures higher

New York copper futures ended up just over 1 percent on Wednesday after a drop in London copper inventories and threat of a looming strike in Peru spurred investors back into the market. A surge in US durable goods orders for March also boosted sentiment

Published 27 Apr, 2007 12:00am

ICJ warns of serious crisis

The International Commission of Jurists has warned Pakistan government that the present judicial crisis, if not resolved soon, could deteriorate and cause irreversible damage to constitutional order in Pakistan.

Published 27 Apr, 2007 12:00am

US gold ends tad lower

US gold futures finished a touch lower on Wednesday, whipsawed by selling related to options expirations and higher crude oil prices, and traders said further volatility could be seen in the near term.

Published 27 Apr, 2007 12:00am

ICJ warns of serious crisis

The International Commission of Jurists has warned Pakistan government that the present judicial crisis, if not resolved soon, could deteriorate and cause irreversible damage to constitutional order in Pakistan.

Published 27 Apr, 2007 12:00am

Tocom gold up slightly

Tokyo gold futures got a bit of a bounce on Thursday, recovering from the previous day's near two-week low, but activity was mostly limited to position adjustments ahead of next week's string of holidays in Japan.

Published 27 Apr, 2007 12:00am

Pemra starts cross media licenses presentation from May 2

Pakistan Electronic Media Regulatory Authority (Pemra), will start making presentations for cross media licenses from 2nd/3rd May, as the notification for amendments in Pemra ordinance 2002 was issued on April 14, 2007, disclosed Pemra chairman Iftikhar R

Published 27 Apr, 2007 12:00am

Weaker US dollar lifts gold in Asia

Gold held above $685 an ounce on Thursday on the back of a weaker US dollar, but some dealers turned cautious after the metal's failed attempts to revisit $700. "The metal's failure to decisively break the key resistance's has knocked off the bullish sent

Published 27 Apr, 2007 12:00am

Pemra starts cross media licenses presentation from May 2

Pakistan Electronic Media Regulatory Authority (Pemra), will start making presentations for cross media licenses from 2nd/3rd May, as the notification for amendments in Pemra ordinance 2002 was issued on April 14, 2007, disclosed Pemra chairman Iftikhar R

Published 27 Apr, 2007 12:00am

Indian soyaoil futures rise

Indian soyaoil futures rose on Thursday due to buying at lower levels, while sugar continued to slide on forecasts of bumper output. June soyaoil futures on the National Commodity and Derivatives Exchange were up 2.05 rupees at 477.00 per 10 kg, while May

Published 27 Apr, 2007 12:00am

Kabul shrugs off barbs

Afghan President Hamid Karzai said Thursday he was going into a meeting with his Pakistan counterpart to "find solutions" to mounting Taliban unrest even after Pervez Musharraf appeared to call him a liar.

Published 27 Apr, 2007 12:00am

Oil steadies

Oil prices steadied on Thursday over $68, after a rally on thinning US gasoline stockpiles that sparked concerns over potential supply problems during the summer driving season. London Brent crude, currently seen as more representative of global oil price

Published 27 Apr, 2007 12:00am

Kabul shrugs off barbs

Afghan President Hamid Karzai said Thursday he was going into a meeting with his Pakistan counterpart to "find solutions" to mounting Taliban unrest even after Pervez Musharraf appeared to call him a liar.

Published 27 Apr, 2007 12:00am

Shanghai copper rises

Shanghai copper rose 1 percent on Thursday, tracking gains in London after a pledge by mineworkers in the world's third largest producer to go ahead with an indefinite strike from Monday. But investors in China were reluctant to make big bets on rising pr

Published 27 Apr, 2007 12:00am

Karzai losing war against Taliban: Musharraf

President Pervez Musharraf accused the Afghan government of "doing nothing to fight terrorism" and of "losing the war" against the Taliban, in remarks published here on Thursday.

Published 27 Apr, 2007 12:00am

French wheat hits new highs

Euronext milling wheat futures surged on Thursday with all new crop contracts setting new contract highs on fears of crop-damaging drought. The most liquid French wheat futures contract November was up 1.00 euro at 151.00 euros a tonne after reaching a ne

Published 27 Apr, 2007 12:00am

Karzai losing war against Taliban: Musharraf

President Pervez Musharraf accused the Afghan government of "doing nothing to fight terrorism" and of "losing the war" against the Taliban, in remarks published here on Thursday.

Published 27 Apr, 2007 12:00am

New York sugar closes firm

Raw sugar futures finished higher on Wednesday on trade and speculative buying as the spot contract appeared headed for an orderly expiration next week, brokers said. The New York Board of Trade's May raw sugar contract climbed 0.20 cent to end at 9.52 ce

Published 27 Apr, 2007 12:00am

Curfew imposed in Dera Ismail Khan

Curfew was imposed in Dera Ismail Khan on Thursday following worsening law and order situation after the killing of two young men. Unknown motorcyclists killed two youths outside a net café that triggered violence in the city.

Published 27 Apr, 2007 12:00am

Soyabeans climb boosted

Soyabean futures at the Chicago Board of Trade rose on Wednesday on a technical bounce, supported by the strength in corn and soyaoil, traders said. Corn was sharply higher, hitting the 20-cent trading limit, as worries that rain in the US Midwest this we

Published 27 Apr, 2007 12:00am

Curfew imposed in Dera Ismail Khan

Curfew was imposed in Dera Ismail Khan on Thursday following worsening law and order situation after the killing of two young men. Unknown motorcyclists killed two youths outside a net café that triggered violence in the city.

Published 27 Apr, 2007 12:00am

Asian physical rubber prices

Asian physical rubber prices were mixed on Thursday after futures contracts on the Tokyo Commodity Exchange rebounded from a steep fall. Some users stepped in to buy Thai and Indonesian rubber, concerned that prices would rise after TOCOM rebounded from a

Published 27 Apr, 2007 12:00am

CBOT rice futures climb

Rough rice futures at the Chicago Board of Trade closed higher on Wednesday on a technical bounce, supported by the strength in the other CBOT markets, traders said. Rice was due for a rebound falling to a one-month low on Tuesday. Given the rally in Chic

Published 27 Apr, 2007 12:00am

Tokyo rubber up

Tokyo rubber futures rose on Thursday, trimming the previous day's steep falls as a recovery in other commodities such as crude oil and gold encouraged buying on dips. The benchmark rubber contract on the Tokyo Commodity Exchange for October delivery was

Published 27 Apr, 2007 12:00am

Indonesian palm oil ends mixed

Indonesian palm oil prices were mixed on Thursday because of a lack of supply-demand news, but tight local supplies and brisk demand held prices firm. At an auction at the state marketing centre, which sells palm oil from state plantations, crude palm oil

Published 27 Apr, 2007 12:00am

Apple profit soars 88 percent

Apple Inc said on Wednesday quarterly profit soared 88 percent on lower component costs and sales of MacBook laptops and iPod digital media players, lifting its shares by 8 percent to above $100 for the first time.

Published 27 Apr, 2007 12:00am

Apple profit soars 88 percent

Apple Inc said on Wednesday quarterly profit soared 88 percent on lower component costs and sales of MacBook laptops and iPod digital media players, lifting its shares by 8 percent to above $100 for the first time.

Published 27 Apr, 2007 12:00am

France's jobless rate falls to lowest since 1983

France's unemployment rate unexpectedly fell to 8.3 percent in March, its lowest in almost 24 years, from 8.4 percent the previous month, according to provisional Labour Ministry data released on Thursday.

Published 27 Apr, 2007 12:00am

Qatari fund takes 17.4 percent Sainsbury stake

A Qatari investment group confirmed it had bought a 17.4 percent stake in supermarket chain J. Sainsbury Plc, strengthening expectations the former bid target faces renewed pressure to sell property.

Published 27 Apr, 2007 12:00am

French and German data bolster case for ECB rate rise

Strong economic data from the two largest eurozone economies on Thursday, and a strike threat by German workers for higher pay, added to the case for another European Central Bank rate rise to curb inflation.

Published 27 Apr, 2007 12:00am

Siemens chief executive sets targets for unknown successor

Siemens Chief Executive Klaus Kleinfeld defended his decision to quit as he presented results on Thursday that showed he had achieved the goals on which he staked his reputation two years ago.

Published 27 Apr, 2007 12:00am

China faces investment, production rebound risks

China faces the risk of a rebound in fixed-asset investment and needs to guard against a pick-up in industrial production, which could undermine economic stability, the top planning agency said on Thursday.

Published 27 Apr, 2007 12:00am

RBS group clashes with ABN over access to books

A trio of banks seeking to buy ABN Amro said on Thursday the Dutch bank was setting unreasonable conditions on opening its books, increasing the chance they could launch a hostile bid.

Published 27 Apr, 2007 12:00am

US Airways posts profit

US Airways Group posted a flat quarterly net profit on Thursday, despite severe winter weather, as the airline flew fuller planes and charged higher ticket prices. US Airways, the No 7 US airline, joins a list of airlines, including AMR Corp's American Ai

Published 27 Apr, 2007 12:00am

US Airways posts profit

US Airways Group posted a flat quarterly net profit on Thursday, despite severe winter weather, as the airline flew fuller planes and charged higher ticket prices. US Airways, the No 7 US airline, joins a list of airlines, including AMR Corp's American Ai

Published 27 Apr, 2007 12:00am

US jobless claims fell 20,000 last week

The number of US workers filing new claims for jobless benefits fell a much bigger-than-expected 20,000 last week, a Labour Department report showed on Thursday. Initial filings for state unemployment insurance aid slipped to 321,000 in the week ended Apr

Published 27 Apr, 2007 12:00am

Halliburton profit rises

Oil services company Halliburton Co said on Thursday its first-quarter net profit rose 13 percent, helped by pricing gains and new contracts from customers in international markets. Halliburton reported a 2007 first-quarter net profit of $552 million or 5

Published 27 Apr, 2007 12:00am

Halliburton profit rises

Oil services company Halliburton Co said on Thursday its first-quarter net profit rose 13 percent, helped by pricing gains and new contracts from customers in international markets. Halliburton reported a 2007 first-quarter net profit of $552 million or 5

Published 27 Apr, 2007 12:00am

US newspaper help-wanted advertisements down

The number of help-wanted ads in US newspapers declined in March, a private research group said on Thursday. The Conference Board said its gauge measuring help-wanted ad volume in the United States slid to 30 in March from 31 in February. It stood at 37 a

Published 27 Apr, 2007 12:00am

Exxon Mobil first quarter profit boosted by refineries

Exxon Mobil Corp said on Thursday its first-quarter earnings rose over 10 percent as higher profits from its refining and chemical units outweighed lower oil and gas prices. Net income for the world's largest publicly traded company rose to $9.28 billion,

Published 27 Apr, 2007 12:00am

Exxon Mobil first quarter profit boosted by refineries

Exxon Mobil Corp said on Thursday its first-quarter earnings rose over 10 percent as higher profits from its refining and chemical units outweighed lower oil and gas prices. Net income for the world's largest publicly traded company rose to $9.28 billion,

Published 27 Apr, 2007 12:00am

Toshiba posts record earnings

Japan's Toshiba Corp said Thursday net profit jumped 76 percent to a record high in the year to March thanks to strong sales of electronic goods and its massive purchase of US nuclear power plant maker Westinghouse.

Published 27 Apr, 2007 12:00am

Toshiba posts record earnings

Japan's Toshiba Corp said Thursday net profit jumped 76 percent to a record high in the year to March thanks to strong sales of electronic goods and its massive purchase of US nuclear power plant maker Westinghouse.

Published 27 Apr, 2007 12:00am

South Korean current account in red

South Korea's current account swung into the red in March as overseas investors picked up their dividend payments, the central Bank of Korea said Thursday. The deficit stood at 1.49 billion dollars in March, a reverse from a revised surplus of 402.1 milli

Published 27 Apr, 2007 12:00am

Nissan reports first drop in profits under Ghosn

Nissan Motor Co reported Thursday the first drop in annual profits under its legendary chief executive Carlos Ghosn, who described the slump as a "wake-up call" for the Japanese automaker.

Published 27 Apr, 2007 12:00am

Nissan reports first drop in profits under Ghosn

Nissan Motor Co reported Thursday the first drop in annual profits under its legendary chief executive Carlos Ghosn, who described the slump as a "wake-up call" for the Japanese automaker.

Published 27 Apr, 2007 12:00am

Spanish opposition charges government over Endesa

Spain's opposition party has lodged a legal complaint with the anti-corruption office over the way the Socialist government dealt with a take-over battle for utility Endesa it said on Thursday.

Published 27 Apr, 2007 12:00am

South Korea to decide on US beef today

South Korea could decide by Friday whether to allow the first shipment of US beef into the country since 2003, a beef importer said on Thursday, while a US Senator said a rejection could scuttle a trade deal.

Published 27 Apr, 2007 12:00am

Singapore factory output falls in March

Singapore's factory output fell in March, meaning first-quarter economic growth will be slower than the government's preliminary forecast of 6.0 percent, economists said Thursday.

Published 27 Apr, 2007 12:00am

China's Sinopec to stay in Africa despite Ethiopian massacre

Chinese oil major Sinopec said Thursday it had no plans to pull out of resource-rich Africa despite an attack on one of its oil projects in Ethiopia that left 77 people dead. "We've launched a contingency plan alerting all overseas projects to pay more at

Published 27 Apr, 2007 12:00am

German IG Metall union heads for strike action

Workers in Germany's engineering and metal-working sector aim to begin work stoppages next week after unions failed to agree on a new pay deal with employers in a key state on Thursday.

Published 27 Apr, 2007 12:00am

New Zealand hikes interest rates again

New Zealand hiked interest rates for the second time in less than two months Thursday, raising them 25 basis points to 7.75 percent as it wrestles to keep inflation under control.

Published 27 Apr, 2007 12:00am

Wii and DS boom lifts Nintendo's profits

Nintendo said Thursday its net profit grew by more than two-thirds in the last fiscal year thanks to strong sales of its next-generation Wii video game console and its handheld machines.

Published 27 Apr, 2007 12:00am

Wii and DS boom lifts Nintendo's profits

Nintendo said Thursday its net profit grew by more than two-thirds in the last fiscal year thanks to strong sales of its next-generation Wii video game console and its handheld machines.

Published 27 Apr, 2007 12:00am

Australia's ANZ Bank first-half profit up 16 percent

The Australia and New Zealand Banking Group (ANZ) said Thursday its interim net profit rose 16 percent to an all-time high, leaving it well positioned for the rest of the year. Australia's third largest bank said net profit for the six months to March was

Published 27 Apr, 2007 12:00am

Australia's ANZ Bank first-half profit up 16 percent

The Australia and New Zealand Banking Group (ANZ) said Thursday its interim net profit rose 16 percent to an all-time high, leaving it well positioned for the rest of the year. Australia's third largest bank said net profit for the six months to March was

Published 27 Apr, 2007 12:00am

Seoul stocks set new record

Seoul shares gained to their 14th record this month on Thursday as Samsung Electronics rose after the listing of a card affiliate was approved, while SK Telecom surged after reporting earnings that beat analyst estimates.

Published 27 Apr, 2007 12:00am

Thai share prices slightly higher

Thai share prices closed 0.07 percent higher on Thursday, supported by robust gains across the region and Wall Street smashing the 13,000-point barrier for the first time, dealers said. They said the Thai market held firm on buying of energy and construct

Published 27 Apr, 2007 12:00am

Hong Kong stocks finish firmer

Hong Kong blue chips were mostly higher across the board on Thursday, bolstered by a record close on Wall Street, with Industrial & Commercial Bank of China gaining as investors cheered its latest quarterly results.

Published 27 Apr, 2007 12:00am

Dow surges to close over 13,000 on profits

The Dow powered to a close above 13,000 for the first time and the broader market rose to its highest level in more than six years on Wednesday, buoyed by a steady parade of strong profit reports and reassuring news on the economy.

Published 27 Apr, 2007 12:00am

US Treasury prices finish down

US Treasury debt prices eased on Wednesday as the Dow Jones industrials rose to a record high while strong data on business investment tempered the perception that the economy is softening.

Published 27 Apr, 2007 12:00am

US Treasury prices finish down

US Treasury debt prices eased on Wednesday as the Dow Jones industrials rose to a record high while strong data on business investment tempered the perception that the economy is softening.

Published 27 Apr, 2007 12:00am

Indian stocks jump

Indian share prices closed marginally higher on Thursday as overseas funds bought leading index shares on strong earnings for the fourth quarter ended March, dealers said. They said that full-year earnings for most Indian companies reported in April and r

Published 27 Apr, 2007 12:00am

Jakarta shares surge

Jakarta share prices finished up 1.48 percent on Thursday at a record closing high after the Dow Jones Industrials index finished above 13,000 points for the first time overnight, dealers said. They said the main index also finished above the psychologica

Published 27 Apr, 2007 12:00am

Singapore stocks rally

Singapore share prices closed 1.32 percent higher on Thursday as investors snapped up blue chips after the Dow Jones Industrial Average struck a record peak, dealers said. The Straits Times Index closed up 44.21 points at 3,406.89 on volume of 2.92 billio

Published 27 Apr, 2007 12:00am

Nikkei rises

The Nikkei average rose 1.12 percent on Thursday as technology shares including Kyocera Corp and Shin-Etsu Chemical Co Ltd gained after a rally in their US peers and ahead of earnings reports.

Published 27 Apr, 2007 12:00am

Taiwan stocks climb

Taiwan shares ended up 0.19 percent on Thursday, with bellwether TSMC leading technology stocks higher ahead of its quarterly earnings result. The main TAIEX share index climbed 15.39 points to 8,000.04.

Published 27 Apr, 2007 12:00am

Philippines shares at two-month high

Philippines share prices rose 1.24 percent to hit a two month-high on Thursday, buoyed by a record performance on Wall Street overnight, dealers said. They said Thursday's performance was the result of the market's recent push to crack the 3,300 resistanc

Published 27 Apr, 2007 12:00am

Bangladesh interbank rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 69.22/69.30 (previous 69.20/69.30).

Published 27 Apr, 2007 12:00am

Yuan ends weaker versus dollar

The yuan eased against the dollar in volatile trading on Thursday after hitting a high of 7.7170 per dollar, although dealers blamed the brief spike on an apparently mistaken quote from a market maker.

Published 27 Apr, 2007 12:00am

Dollar mired near record low

The dollar remained within sight of its record low against the euro on Thursday as it struggled in the wake of mixed US data that did little to allay market concerns about a slowdown in the US economy.

Published 27 Apr, 2007 12:00am

Dollar falls to record low

The dollar fell on Wednesday to a record low against a trade-weighted basket of major currencies tracked by the Federal Reserve, reflecting prospects for slower US growth relative to other economies.

Published 27 Apr, 2007 12:00am

Swiss franc still under pressure

The Swiss franc remained under pressure against the euro on Thursday, slipping closer to recent 8-1/2 year lows, as the Swiss National Bank's warnings against risks of a weak franc increasingly fail to support the currency.

Published 27 Apr, 2007 12:00am

Indian rupee at nine-year high

The Indian rupee hit a nine-year high on Thursday as investors doubted the central bank would intervene, but South Korea's won slipped after data showed the country's current account swung into deficit.

Published 27 Apr, 2007 12:00am

Hong Kong dollar slips

The Hong Kong dollar hit its lowest level in almost 22 years on Thursday, undermined by strong corporate demand for the US currency. The Hong Kong dollar stood at 7.8211/12 to the US dollar at 1011 GMT, the lowest level since September 1985, according to

Published 27 Apr, 2007 12:00am

Nadal reaches quarters

The Rafael Nadal claycourt bandwagon rolled on to a record 69 consecutive wins on Thursday as the Spaniard cruised to a 6-1 6-4 victory over Swede Thomas Johansson to reach the quarter-finals of the Barcelona Open.

Published 27 Apr, 2007 12:00am

23 cleared for U-13 training camp

Pakistan Football Federation (PFF) President Makhdoom Syed Faisal Saleh Hayat has approved as many as 23 players for the final U-13 training camp which is in progress here at Punjab Stadium.

Published 27 Apr, 2007 12:00am

Howard sees Australia winning World Cup

Prime Minister John Howard said Thursday he would "amazed" if Australia failed to bring home cricket's World Cup after the semi-final win over South Africa edged them closer to a third straight title. Australia face Sri Lanka on Saturday after overwhelmin

Published 27 Apr, 2007 12:00am

We're ready for Murali and Vaas, warns Ponting

Australia captain Ricky Ponting insists his world champions are ready to face down Sri Lanka's veteran bowlers Muttiah Muralitharan and Chaminda Vaas in Saturday's World Cup final. Australia have already beaten Sri Lanka in the tournament when they won th

Published 27 Apr, 2007 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	155.61
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.27
Euro to USD / Nov 15	1.06

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,906.50
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,861.33
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,065.30
Dow Jones / Nov 15	43,602
Germany DAX 30 / Nov 15	19,211.48

Item	Value
Gold 10 Grams PKR / Nov 14	232,340
Crude Oil USD/Barrel / Nov 15	67.86
Karachi Cotton PKR/37.32 KG / Nov 15	18,085
Gold Spot USD/Ounce / Nov 15	2,567.71
Cotton US¢/pound / Nov 15	69.87
Petrol/Litre / Nov 16	248.38

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▼ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	61.35 ▼ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	114.03 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▼ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▲ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	61.35 ▲ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	114.03 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▲ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 16 Worldcall Telecom Limited(WTL)	177,393,273 ▲ 0.00
Hascol Petrol / Nov 16 Hascol Petroleum Limited(HASCOL)	59,224,094 ▲ 0.00
Treet Battery / Nov 16 Treet Battery Limited(TBL)	47,940,702 ▲ 0.00
Sui South Gas / Nov 16 Sui Southern Gas Company Limited(SSGC)	42,748,255 ▲ 0.00
Cnergyico PK / Nov 16 Cnergyico PK Limited(CNERGY)	32,665,062 ▲ 0.00
TPL Properties / Nov 16 TPL Properties Limited(TPLP)	30,497,881 ▲ 0.00
Treet Corp / Nov 16 Treet Corporation Limited(TREET)	29,734,104 ▲ 0.00
Telecard Limited / Nov 16 Telecard Limited(TELE)	29,162,423 ▲ 0.00
Pak Refinery / Nov 16 Pakistan Refinery Limited(PRL)	27,309,247 ▲ 0.00

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