News Archives for Print - 2007-06-07

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 Wednesday (June 06, 2007).

Published 07 Jun, 2007 12:00am

Musharraf to be re-elected before polls: Rashid

Federal Minister for Railways Sheikh Rashid Ahmad has said that President General Pervez Musharraf would be re-elected from the present assemblies before the general elections.

Published 07 Jun, 2007 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 Wednesday (June 06, 2007).

Published 07 Jun, 2007 12:00am

Fishermen told to stay ashore as cyclone hits

Pakistan on Wednesday told fishermen in the country's south-west to stay ashore during the next 24 hours as one of the strongest cyclones in years damaged boats and buildings.

Published 07 Jun, 2007 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (June 06, 2007).

Published 07 Jun, 2007 12:00am

Fishermen told to stay ashore as cyclone hits

Pakistan on Wednesday told fishermen in the country's south-west to stay ashore during the next 24 hours as one of the strongest cyclones in years damaged boats and buildings.

Published 07 Jun, 2007 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (June 06, 2007).

Published 07 Jun, 2007 12:00am

Trade bodies'' registration date extended

Following promulgation of Trade Organisations Ordinance (TOO) 2007, Ministry of Commerce has extended date of applications for chambers and trade bodies registration from June 15 to June 30.

Published 07 Jun, 2007 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 Wednesday (June 06, 2007).

Published 07 Jun, 2007 12:00am

Trade bodies' registration date extended

Following promulgation of Trade Organisations Ordinance (TOO) 2007, Ministry of Commerce has extended date of applications for chambers and trade bodies registration from June 15 to June 30.

Published 07 Jun, 2007 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (June 06, 2007).

Published 07 Jun, 2007 12:00am

Trade bodies' registration date extended

Following promulgation of Trade Organisations Ordinance (TOO) 2007, Ministry of Commerce has extended date of applications for chambers and trade bodies registration from June 15 to June 30.

Published 07 Jun, 2007 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (June 06, 2007).

Published 07 Jun, 2007 12:00am

Improving transaction systems: MoC working on trade facilitation strategy

The Ministry of Commerce (MoC) is working on a National Trade Facilitation Strategy (NTFS) to make the systems and procedures for transacting business in Pakistan at par with the best in the world.

Published 07 Jun, 2007 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 07 Jun, 2007 12:00am

Improving transaction systems: MoC working on trade facilitation strategy

The Ministry of Commerce (MoC) is working on a National Trade Facilitation Strategy (NTFS) to make the systems and procedures for transacting business in Pakistan at par with the best in the world.

Published 07 Jun, 2007 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 07 Jun, 2007 12:00am

Improving transaction systems: MoC working on trade facilitation strategy

The Ministry of Commerce (MoC) is working on a National Trade Facilitation Strategy (NTFS) to make the systems and procedures for transacting business in Pakistan at par with the best in the world.

Published 07 Jun, 2007 12:00am

Karachi interbank rates

Karachi interbank rates on Wednesday (June 06, 2007).

Published 07 Jun, 2007 12:00am

Export refinance limits extended

State Bank of Pakistan has extended export refinance limits up to August 31, 2007, which were to expire on June 30. In this regard SBP has issues a circular SME&MFD No 3 to the all banks'' presidents and chief executive officers.

Published 07 Jun, 2007 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 07 Jun, 2007 12:00am

Export refinance limits extended

State Bank of Pakistan has extended export refinance limits up to August 31, 2007, which were to expire on June 30. In this regard SBP has issues a circular SME&MFD No 3 to the all banks' presidents and chief executive officers.

Published 07 Jun, 2007 12:00am

Fujairah port closed due to cyclone

The United Arab Emirates' eastern port of Fujairah has been cleared of anchored vessels and is closed to all ships until further notice due to Cyclone Gonu, the state news agency said on Wednesday.

Published 07 Jun, 2007 12:00am

Export refinance limits extended

State Bank of Pakistan has extended export refinance limits up to August 31, 2007, which were to expire on June 30. In this regard SBP has issues a circular SME&MFD No 3 to the all banks' presidents and chief executive officers.

Published 07 Jun, 2007 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 78,332 tonnes cargo including 64,489 tonnes import, 13,843 tonnes export cargo and 1,911 containers (TEUs) during last 24 hours ending at 0700 hours on Wednesday.

Published 07 Jun, 2007 12:00am

Rural income generation: Smeda launches Ahan scheme with ADB's help

The Small & Medium Enterprise Development Authority (Smeda) has launched 25 projects of "Aik Hunar Aik Nagar (Ahan)" with the financial assistance of Asian Development Bank in the country. Marketing Manger, Ahan, Shaher Yar Tahir, said this while addressi

Published 07 Jun, 2007 12:00am

WCE canola futures up

Winnipeg Commodity Exchange canola futures were higher on Tuesday after palm oil and soyabean oil futures rallied and on fund and commercial buying, traders said.

Published 07 Jun, 2007 12:00am

Shaukat orders withdrawal of FIR against journalists

Prime Minister Shaukat Aziz on Wednesday directed Secretary Interior Syed Kamal Shah to immediately withdraw cases registered against the journalists.

Published 07 Jun, 2007 12:00am

KCBT wheat futures higher

Hard red winter wheat futures at the Kansas City Board of Trade made new contract highs and ended higher on Tuesday, fuelled by fund buying amid continued weather-related worries for world wheat crops, traders said.

Published 07 Jun, 2007 12:00am

Shaukat orders withdrawal of FIR against journalists

Prime Minister Shaukat Aziz on Wednesday directed Secretary Interior Syed Kamal Shah to immediately withdraw cases registered against the journalists.

Published 07 Jun, 2007 12:00am

Kenyan tea prices jump

Kenyan tea prices jumped at this week's auction, lifted by strong Egyptian demand and low auction volumes, market players said on Wednesday. "It was a strong market again with most markets active. Prices across the board were higher and most teas sold rea

Published 07 Jun, 2007 12:00am

Wheat exporters in a fix over government indecision

The private sector is in a fix over wheat export policy as the government has not yet disclosed its line of action about export commitments of wheat, sources told Business Recorder.

Published 07 Jun, 2007 12:00am

Brazilian cocoa arrivals down

Brazilian 2007/08 (May/April) cocoa arrivals from Bahia and other states totalled 245,868 60-kg bags by June 3, down 20.5 percent from 309,646 bags a year ago, Bahia Commercial Association said on Wednesday.

Published 07 Jun, 2007 12:00am

Write-off of loans: banks and DFIs asked to strictly follow SBP guidelines

The State Bank of Pakistan has advised all Banks and DFIs to meticulously follow the SBP's guidelines in letter and spirit regarding "writing off irrecoverable loans and advances". Non-compliance and circumvention of directions shall invoke penal provisio

Published 07 Jun, 2007 12:00am

US Midwest corn and soyabean mostly steady

Spot basis bids for corn and soyabeans were mostly steady around the interior Midwest on Tuesday amid little selling interest from farmers, grain dealers said.

Published 07 Jun, 2007 12:00am

Banks told to ensure lockers safety

The State Bank of Pakistan (SBP) has directed the banks/DFIs to ensure that the safe deposit locker rooms in their respective branches are adequately secured from all sides and the security arrangements in place are fool-proof and meet the security standa

Published 07 Jun, 2007 12:00am

Corn ends mixed

Corn futures at the Chicago Board of Trade closed mixed on Tuesday with nearbys pressured by rolling out of long positions and distant contracts underpinned by weather jitters, traders said.

Published 07 Jun, 2007 12:00am

Aircraft scam accused granted pre-arrest bail

A division bench of Sindh High Court comprising Justice Amir Hani Muslim and Justice Muneeb Ahmed Khan on Wednesday granted interim pre-arrest bail to ex-Director Corporate Planning, PIA, against surety of Rs 1 million in reference filed by National Accou

Published 07 Jun, 2007 12:00am

Prices turn mostly lower on grain market

Rice prices depicted soft trend on the grain market on Wednesday amid subdued trading, dealers said. The rice prices fell modestly in the wholesale markets, which will help in lowering the rates at retails level as well, analysts said.

Published 07 Jun, 2007 12:00am

EU to back Galileo bailout, but faces tough talks on new funds

The EU will try on Friday to save its Galileo satellite project by opting to inject huge sums of taxpayers' money, although member countries face tough talks afterwards on how to pay for the bailout.

Published 07 Jun, 2007 12:00am

HRW wheat mostly steady to weaker

US Plains hard red winter wheat basis bids were mostly steady to weaker Wednesday as new-crop cutting weighed on the basis at some locations. A merchant in Goodland, Kansas, dropped the basis a dime a bushel for old-crop wheat, and was posting 53 cents un

Published 07 Jun, 2007 12:00am

New package may stem falling trend in textile export: PTEA

Reduction in protective duties, zero-rating of exports and continuity of R&D facilities are expected to be main feature of the new 'textile package' being announced in the forthcoming budget. This was stated by Pakistan Textile Exporters Association (PTEA

Published 07 Jun, 2007 12:00am

CBOT wheat futures higher

Wheat futures on the Chicago Board of Trade roared to across-the-board contract highs on Tuesday, lifted by world wheat production issues and spill-over from a surging soyaoil market, traders said. CBOT soyaoil hit a 23-year high amid strong Asian vegoils

Published 07 Jun, 2007 12:00am

Fendi and Wal-Mart settle counterfeit bag dispute

Italian fashion group Fendi S.R.L. and Wal-Mart Stores Inc's Sam's Club warehouse division settled a dispute over allegations that Sam's Club was selling counterfeit Fendi bags in its stores, the companies said on Wednesday.

Published 07 Jun, 2007 12:00am

Oil cake market rates

No change was seen on the forward cottonseed oilcake market as both the futures maintained the overnight levels in process of trading, dealers said. The July vaida commenced with no change at Rs 650.00 and closing was seen at the same level without showin

Published 07 Jun, 2007 12:00am

Bullish sentiment on ISE

Equities witnessed broad-based recovery under the lead of hot favourite at the Islamabad Stock Exchange (ISE) where bulls dominated the proceedings amid increase in index. The ISE-10 Index was plus by 18.00 points as it moved from 2,705.19 to 2,723.19 poi

Published 07 Jun, 2007 12:00am

No change in scenario on cotton market

No business seen on the cotton market on Wednesday as good hopes about new crop induced the mills to be on the sidelines, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 2600, they added.

Published 07 Jun, 2007 12:00am

Bullish sentiment on ISE

Equities witnessed broad-based recovery under the lead of hot favourite at the Islamabad Stock Exchange (ISE) where bulls dominated the proceedings amid increase in index. The ISE-10 Index was plus by 18.00 points as it moved from 2,705.19 to 2,723.19 poi

Published 07 Jun, 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 June 4 totalled 708,088 (480-lb) bales, from 706,654 bales the previous session. There were 349 bales issued, 7,252 bales were awaiting rev

Published 07 Jun, 2007 12:00am

Mixed trend on LSE

A mixed trend was observed on the Lahore Stock Exchange (LSE) on Wednesday, where equities moved to and fro and finally ended marginally down on account of late day profit-taking. The LSE-25 index finished at 4,789.63 points as against 4,775.73 of Tuesday

Published 07 Jun, 2007 12:00am

New York coffee rises

US arabica coffee futures ended firm on Tuesday, recouping on Monday's losses on support from fund short-covering and the firm London robust market, while light origin selling prevented stronger gains, traders said.

Published 07 Jun, 2007 12:00am

Mixed trend on LSE

A mixed trend was observed on the Lahore Stock Exchange (LSE) on Wednesday, where equities moved to and fro and finally ended marginally down on account of late day profit-taking. The LSE-25 index finished at 4,789.63 points as against 4,775.73 of Tuesday

Published 07 Jun, 2007 12:00am

MGE spring wheat settles higher

Spring wheat futures at the Minneapolis Grain Exchange closed higher on Tuesday, following the Chicago and Kansas City wheat markets amid global wheat supply worries, traders said.

Published 07 Jun, 2007 12:00am

Situationer: what is in store for us?

Never have days and weeks prior to the budget announcement been so tense and full of uncertainty. There may be few or many surprises in the June 9 budget (levy of excise and value-added tax on the income of professionals such as lawyers and doctors.

Published 07 Jun, 2007 12:00am

New York cocoa futures gain

US cocoa futures settled higher on Tuesday, recouping on Monday's losses on fund buying uncontested by origin selling, traders said. "It was one or two funds who were keen to buy and there was an absence of any kind of hedging again," one trader said.

Published 07 Jun, 2007 12:00am

Situationer: what is in store for us?

Never have days and weeks prior to the budget announcement been so tense and full of uncertainty. There may be few or many surprises in the June 9 budget (levy of excise and value-added tax on the income of professionals such as lawyers and doctors.

Published 07 Jun, 2007 12:00am

Indonesian palm oil extends gains

Indonesia's palm oil prices extended gains on Wednesday, boosted by a weakening rupiah against the dollar, while volatile prices kept buyers away from the export market.

Published 07 Jun, 2007 12:00am

Situationer: what is in store for us?

Never have days and weeks prior to the budget announcement been so tense and full of uncertainty. There may be few or many surprises in the June 9 budget (levy of excise and value-added tax on the income of professionals such as lawyers and doctors.

Published 07 Jun, 2007 12:00am

Profit-taking hits US copper

US copper futures drifted to a softer close on Tuesday as investors locked in profits following the market's recent break to the upside, traders said.

Published 07 Jun, 2007 12:00am

Rs 40 billion textile package approved

Prime Minister Shaukat Aziz on Wednesday approved, in principle, a Rs 40 billion textile package at a meeting, which was not ''officially'' covered by media. Sources told Business Recorder that the meeting was attended by Minister for Textile Indus

Published 07 Jun, 2007 12:00am

US gold futures lower

US gold futures finished about $1 lower on Tuesday on profit-taking following strong gains from last week and news of larger-than-usual central bank gold sales, which could dent investor sentiment in the short run, analysts said.

Published 07 Jun, 2007 12:00am

Rs 40 billion textile package approved

Prime Minister Shaukat Aziz on Wednesday approved, in principle, a Rs 40 billion textile package at a meeting, which was not 'officially' covered by media. Sources told Business Recorder that the meeting was attended by Minister for Textile Industr

Published 07 Jun, 2007 12:00am

Gold stays near three-week high in Asia

Spot gold on Wednesday remained near a three-week high marked the previous day, while Tokyo gold futures fell on profit taking after a 3 percent gain in the past five days.

Published 07 Jun, 2007 12:00am

Rs 40 billion textile package approved

Prime Minister Shaukat Aziz on Wednesday approved, in principle, a Rs 40 billion textile package at a meeting, which was not 'officially' covered by media. Sources told Business Recorder that the meeting was attended by Minister for Textile Industr

Published 07 Jun, 2007 12:00am

Malaysian tin slips

Malaysian tin fell 10 ringgit on Wednesday due to a technical correction over London Metal Exchange prices but losses were limited by foreign buying, one dealer said.

Published 07 Jun, 2007 12:00am

PTR withdrawn from textile sector

Yielding to a major demand of textile sector, the government has withdrawn Presumptive Tax Regime (PTR) and reduced income tax on export proceeds from 1.25 percent to 0.5 percent under the normal income tax law.

Published 07 Jun, 2007 12:00am

Shanghai copper eases

Shanghai copper eased over 1 percent on Wednesday on London Metal Exchange losses and heavy domestic stockpiles, with LME nickel down more than 3 percent in the previous session.

Published 07 Jun, 2007 12:00am

PTR withdrawn from textile sector

Yielding to a major demand of textile sector, the government has withdrawn Presumptive Tax Regime (PTR) and reduced income tax on export proceeds from 1.25 percent to 0.5 percent under the normal income tax law.

Published 07 Jun, 2007 12:00am

Oil heads for $71 after Middle East cyclone disruptions

Oil prices extended gains toward $71 a barrel on Wednesday to their highest in nearly two weeks, after a cyclone disrupted Oman oil and gas exports before weakening on its way to Iran.

Published 07 Jun, 2007 12:00am

PTR withdrawn from textile sector

Yielding to a major demand of textile sector, the government has withdrawn Presumptive Tax Regime (PTR) and reduced income tax on export proceeds from 1.25 percent to 0.5 percent under the normal income tax law.

Published 07 Jun, 2007 12:00am

Vietnam first half rice sales to fall 21 percent

Vietnam's first half rice exports are likely to fall 21 percent on the year due to a shortage of shipping, lifting the country's stockpile to record levels, a senior industry official said on Wednesday.

Published 07 Jun, 2007 12:00am

PTR withdrawn from textile sector

Yielding to a major demand of textile sector, the government has withdrawn Presumptive Tax Regime (PTR) and reduced income tax on export proceeds from 1.25 percent to 0.5 percent under the normal income tax law.

Published 07 Jun, 2007 12:00am

Asian physical rubber

Asian physical rubber prices were mixed on Wednesday, with prices of most grades remaining firm despite a fall in Tokyo Commodity Exchange futures contracts. Most producers were still asking high prices because raw material remained expensive, traders sai

Published 07 Jun, 2007 12:00am

BRIndex30 loses 21.78 points

On Wednesday, the opened in the green zone at 15,136.78 with an upward gap of 75.51 points. It closed at 15,039.49 with a negative change of -21.78 points and percentage change of -0.14. It recorded intra-day high of 15,248.72, which made a new peak, and

Published 07 Jun, 2007 12:00am

New York sugar ends at two-year low

The price of raw sugar plunged to its lowest level in two years on Tuesday as speculative sales and news Indian sugar sales could exacerbate a glut took its toll on the market, analysts said.

Published 07 Jun, 2007 12:00am

BRIndex30 loses 21.78 points

On Wednesday, the opened in the green zone at 15,136.78 with an upward gap of 75.51 points. It closed at 15,039.49 with a negative change of -21.78 points and percentage change of -0.14. It recorded intra-day high of 15,248.72, which made a new peak, and

Published 07 Jun, 2007 12:00am

Soyabeans up

Soyabean futures at the Chicago Board of Trade soared on Tuesday on the back of the soyaoil market that climbed to a 23-year high mimicking the strength of the Asian oils markets, traders said.

Published 07 Jun, 2007 12:00am

KSE: profit-taking trims early gains

The bull-run continued on Karachi Stock Exchange on Wednesday on the back of strong fundamentals, foreign interest and institutional buying and the KSE-100 index breached the level of 13,300 points, hitting 13,334.30 points intra-day high. But late profit

Published 07 Jun, 2007 12:00am

CBoT rice ends up

Rough rice futures at the Chicago Board of Trade closed firm on Tuesday on mild bounce, supported by commercial pricing, traders said. July rice ended 3 cents higher at $10.19 per hundredweight, with September up 1 at $10.56 and November 1 higher at $10.8

Published 07 Jun, 2007 12:00am

KSE: profit-taking trims early gains

The bull-run continued on Karachi Stock Exchange on Wednesday on the back of strong fundamentals, foreign interest and institutional buying and the KSE-100 index breached the level of 13,300 points, hitting 13,334.30 points intra-day high. But late profit

Published 07 Jun, 2007 12:00am

Tocom rubber down

Tokyo rubber futures dropped nearly one percent in a directionless market on Wednesday as a firmer Japanese yen spurred selling. The benchmark rubber contract on the Tokyo Commodity Exchange for November delivery settled at 282.8 yen ($2.32) per kg, down

Published 07 Jun, 2007 12:00am

KSE: profit-taking trims early gains

The bull-run continued on Karachi Stock Exchange on Wednesday on the back of strong fundamentals, foreign interest and institutional buying and the KSE-100 index breached the level of 13,300 points, hitting 13,334.30 points intra-day high. But late profit

Published 07 Jun, 2007 12:00am

Malaysian palm oil futures soar

Malaysian palm futures jumped more than 2 percent in trade on Wednesday to a record high on news that Indonesia was considering a vegetable oil export tax increase and India was weighing options to cut its import duty.

Published 07 Jun, 2007 12:00am

PSO sell-off: PC asks qualifiers to get ready

After Sindh High Court''s judgement, Privatisation Commission on Tuesday conveyed to short-listed parties on telephone that they should get ready for pre-bid meeting on Pakistan State (PSO) sell-off at a short notice. The pre-bid meeting would be the seco

Published 07 Jun, 2007 12:00am

Nigeria cuts benchmark interest rate by 200 basis points

Nigeria's central bank has cut its benchmark interest rate by 200 basis points to 8 percent, after a steady decline in inflation, the bank said in a statement on Wednesday.

Published 07 Jun, 2007 12:00am

PSO sell-off: PC asks qualifiers to get ready

After Sindh High Court's judgement, Privatisation Commission on Tuesday conveyed to short-listed parties on telephone that they should get ready for pre-bid meeting on Pakistan State (PSO) sell-off at a short notice. The pre-bid meeting would be the secon

Published 07 Jun, 2007 12:00am

Mistrial plea not granted for Conrad Black co-defendant

The judge presiding over Conrad Black's criminal fraud trial refused on Wednesday to declare a mistrial in the case for one of the former media baron's three co-defendants.

Published 07 Jun, 2007 12:00am

PSO sell-off: PC asks qualifiers to get ready

After Sindh High Court's judgement, Privatisation Commission on Tuesday conveyed to short-listed parties on telephone that they should get ready for pre-bid meeting on Pakistan State (PSO) sell-off at a short notice. The pre-bid meeting would be the secon

Published 07 Jun, 2007 12:00am

Honda, Lincoln gain in key quality survey

Honda Motor Co took the top ranking for quality among mass-market automakers in a closely watched annual survey set to be released on Wednesday, a person familiar with the rankings said.

Published 07 Jun, 2007 12:00am

Pakistan Steel items'' prices up by Rs 500 per ton

Pakistan Steel (PS) on Wednesday raised the prices of both hot rolled and cold rolled products by Rs 300 to Rs 500 per ton in the wake of raw material price hike in international market, sources said. The PS raised the prices of three each of cold rolled

Published 07 Jun, 2007 12:00am

Italian mobsters acquitted of 'God's banker' murder

Two Italian mobsters, a bodyguard, a financier and his girlfriend were acquitted on Wednesday of the 1982 murder of Roberto Calvi, known as "God's banker" for his Vatican links, who was found hanging from a London bridge.

Published 07 Jun, 2007 12:00am

Pakistan Steel items' prices up by Rs 500 per ton

Pakistan Steel (PS) on Wednesday raised the prices of both hot rolled and cold rolled products by Rs 300 to Rs 500 per ton in the wake of raw material price hike in international market, sources said. The PS raised the prices of three each of cold rolled

Published 07 Jun, 2007 12:00am

Airbus lands $2.4 billion Aer Lingus jets deal

Irish airline Aer Lingus announced on Wednesday an order for 12 new Airbus airliners worth 2.4 billion dollars (1.78 billion euros) to boost its expansion on transatlantic routes.

Published 07 Jun, 2007 12:00am

Pakistan Steel items' prices up by Rs 500 per ton

Pakistan Steel (PS) on Wednesday raised the prices of both hot rolled and cold rolled products by Rs 300 to Rs 500 per ton in the wake of raw material price hike in international market, sources said. The PS raised the prices of three each of cold rolled

Published 07 Jun, 2007 12:00am

Currency	Rate
USD PKR Interbank Selling / Sep 20	277.90
USD PKR Interbank Buying / Sep 20	277.70
USD to Japanese Yen / Sep 20	143.85
USD to Swiss Franc / Sep 20	0.85
Pound Sterling to USD / Sep 20	1.33
Euro to USD / Sep 20	1.12

Stock	Volume
S&P 500 / Sep 20	5,702.55
India Sensex / Sep 20	83,184.80
Tokyo Nikkei / Sep 20	37,723.91
Nasdaq / Sep 20	17,948.32
Hang Seng / Sep 20	18,258.57
FTSE 100 / Sep 20	8,229.99
Dow Jones / Sep 20	42,063.36
Germany DAX 30 / Sep 20	18,720.01

Item	Value
Crude Oil USD/Barrel / Sep 20	71.92
Gold Spot USD/Ounce / Sep 20	2,621.88
Cotton US¢/pound / Sep 20	73.52
Karachi Cotton PKR/37.32 KG / Sep 21	18,935
Gold 10 Grams PKR / Sep 21	233,625
Petrol/Litre / Sep 22	249.10

Stock	Price
786 Invest Ltd / Sep 22 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 22 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 22 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 22 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 22 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 22 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 22 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 22 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 22 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 22 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 22 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 22 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 22 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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