News Archives for Print - 2007-06-16

Print - 2007-06-16

Gold extends gains in Asia

Cash gold extended gains on Friday on steady bargain hunting, which, combined with a weak yen - hovering at a 4-1/2 year low against the dollar - also helped lift Tokyo futures.

Published 16 Jun, 2007 12:00am

Asian cocoa: supply fears subside, grinders relieved

Grinders in Asia are breathing a sigh of relief as the main crop gathers pace in Indonesia's island of Slaws, raising hopes the much-needed good quality beans are on their way.

Published 16 Jun, 2007 12:00am

Oil prices crept lower on Friday, as traders paused after a two-day rally fuelled by concerns over US refiners' ability to meet both summer and winter demand, plus fresh anxiety over the Middle East. London Brent crude for August delivery, the new front-m

Published 16 Jun, 2007 12:00am

Vietnam sees rising sugar output, plans no imports

Vietnamese sugar refineries have nearly ended their crushing season, turning out 1.12 million tonnes of sugar or 49 percent more than the previous season, state media reported on Wednesday.

Published 16 Jun, 2007 12:00am

Japanese rubber stocks slip

Crude rubber stocks held at Japanese warehouses fell to a five-month low of 16,717 tonnes as of June 10, down 4.2 percent from 17,458 tonnes on May 31, the Rubber Trade Association of Japan said on Friday. The latest inventory level was the lowest since 1

Published 16 Jun, 2007 12:00am

New York sugar ends mixed

Raw sugar futures closed mixed on Thursday in a session featuring switch business, and the moving of positions out of the spot contract will be the main market feature for now, brokers said. New York Board of Trade's key July raw sugar contract gained 0.0

Published 16 Jun, 2007 12:00am

Soyabean futures end firm

Soybean futures at the Chicago Board of Trade ended firm on Thursday, supported by concerns that dry weather in the eastern Midwest was stressing young crops and slowing soybean emergence, traders said. The rally in wheat was also supportive.

Published 16 Jun, 2007 12:00am

Vietnam sees rubber imports flat

Vietnam expects its rubber imports from neighbouring Southeast Asian countries to stay at current levels as it plans to boost its natural rubber output in coming years, a senior industry official said on Friday.

Published 16 Jun, 2007 12:00am

CBOT rice lower

Chicago Board of Trade rough rice futures closed lower Thursday on a mild setback after rallying to a one-month top this week amid fresh speculative buying interest by commodity funds, traders said. Commercial hedge pressure dominated Thursday's price mov

Published 16 Jun, 2007 12:00am

Malaysian palm oil rises

Malaysian crude palm oil futures ended 2.4 percent higher on Friday on the back of gains in the US soybean oil market and firm crude oil prices.

Published 16 Jun, 2007 12:00am

BoJ keeps rates on hold

The Bank of Japan kept interest rates unchanged at 0.50 percent on Friday and said it needed more evidence of sustained economic expansion before raising them further, sending the yen to a new 4-1/2-year low. "To change our policy we need to be more convi

Published 16 Jun, 2007 12:00am

Eurozone trade surplus falls

The eurozone's trade surplus fell in April as imports recovered from a decline a month before, but exports also held up well despite a strong euro and slower growth in the United States, data showed on Friday.

Published 16 Jun, 2007 12:00am

Qatari royals become top Sainsbury shareholders

Qatar's royal family raised its stake in British supermarket group J. Sainsbury Plc to 25 percent, fuelling expectations on Friday it could face its second take-over approach in as many months.

Published 16 Jun, 2007 12:00am

Long-term capital inflows jump

Long-term capital inflows to the US jumped in April to their highest since January as foreign investors took advantage of a weakening dollar to snap up US equities.

Published 16 Jun, 2007 12:00am

Long-term capital inflows jump

Long-term capital inflows to the US jumped in April to their highest since January as foreign investors took advantage of a weakening dollar to snap up US equities.

Published 16 Jun, 2007 12:00am

US consumer prices rise, core index tame

Reports showing a moderate rise in a key US inflation gauge and continued manufacturing gains helped fire investor optimism on Friday, despite signs consumers' spirits were dampened by higher gasoline prices.

Published 16 Jun, 2007 12:00am

Cadbury pleads guilty in salmonella case

Cadbury Schweppes Plc, the world's largest confectionery group, pleaded guilty on Friday to charges of selling unsafe chocolate in Britain and Ireland during 2006 and faces an unlimited fine.

Published 16 Jun, 2007 12:00am

Regulators look at two online advertising takeovers

The US Federal Trade Commission is investigating Microsoft Corp's planned acquisition of aQuantive Inc as well as Yahoo Inc's proposed deal to take full control of Right Media Inc, The Wall Street Journal reported on Thursday.

Published 16 Jun, 2007 12:00am

NYMEX explores sale of company

The New York Mercantile Exchange (NYMEX), the world's largest energy market, is exploring a sale for about $14.3 billion, a news agency reported on Friday, as exchanges world-wide hustle for the best merger partners.

Published 16 Jun, 2007 12:00am

NYMEX explores sale of company

Published 16 Jun, 2007 12:00am

Eurozone banks strong but risks have grown: ECB

The euro area's big banks have been strong and profitable in recent months but the risks they face have grown and need to be monitored carefully, the European Central Bank said on Friday.

Published 16 Jun, 2007 12:00am

BAE names external panel to probe ethics

BAE Systems, Europe's biggest military contractor, said on Friday it had asked a former top English law official to lead a review of its business ethics but he would not be investigating controversial past deals with Saudi Arabia.

Published 16 Jun, 2007 12:00am

Chinese investment quickens

China's spending on fixed assets such as roads and power plants accelerated in the first five months of the year, prompting predictions of imminent monetary tightening to slow the world's fourth-largest economy.

Published 16 Jun, 2007 12:00am

Taiwan approves 2007 budget

Taiwan's parliament on Friday approved its budget for 2007, with plans to spend T$1.6294 trillion ($49.2 billion) for the year, ending a six-month stand-off. Passage of the budget came nearly halfway into the year the latest ever following squabbles and t

Published 16 Jun, 2007 12:00am

Indian inflation eases

Indian wholesale price inflation eased to its lowest in 10 months, holding within the central bank's comfort zone, but analysts said strong industrial growth meant the central bank would remain vigilant.

Published 16 Jun, 2007 12:00am

Tokyo bourse buys 4.99 percent of Singapore exchange

The Tokyo Stock Exchange spent about $304 million to buy a 4.99 percent stake in the Singapore Exchange Ltd, the latest move in a scramble by global bourses to forge ties and consolidate.

Published 16 Jun, 2007 12:00am

Zoellick poised to clinch job as World Bank chief

Robert Zoellick, US President George W. Bush's candidate to be World Bank president, looked set to clinch the job as expected without a challenger when a deadline for nominations expires on Friday.

Published 16 Jun, 2007 12:00am

EU to scrap Belarus trade perks

The European Union will scrap trade preferences for exports from Belarus because of violations of worker rights in the former Soviet state, the bloc's trade chief Peter Mandelson said on Friday.

Published 16 Jun, 2007 12:00am

Italy approves household stage of energy reform

Italy on Friday approved a long -awaited decree giving households the chance to choose their electricity supplier, using a special rule to meet a European Union deadline for market liberalisation.

Published 16 Jun, 2007 12:00am

France to hold household gas prices

French gas prices will not rise in the coming months under an agreement between the finance ministry and Gaz de France the finance ministry said in a statement on Friday.

Published 16 Jun, 2007 12:00am

Bulgaria requires better workforce for growth

Bulgaria should revamp its education and employment plans in line with investor needs to ensure economic growth and boost convergence with European Union standards, a report said on Friday.

Published 16 Jun, 2007 12:00am

MySpace China aims to launch IM service

News Corp invested MySpace China aims to launch an online messaging service "as soon as possible", its CEO said, as the venture fights for a bigger share of the world's second-largest Internet market.

Published 16 Jun, 2007 12:00am

Liberty Media, Echostar to bid for Intelsat

Liberty Media Corp and EchoStar Communications Corp are preparing a joint offer for leading satellite operator Intelsat Ltd, The Wall Street Journal said late Thursday.

Published 16 Jun, 2007 12:00am

Europe ports struggle with Asia trade boom

Europe's biggest ports face increasing chaotic congestion and delays in deliveries as they have failed to expand quickly enough to handle booming container imports from Asia.

Published 16 Jun, 2007 12:00am

US food price rises hard on consumers

Huge increases in US food prices over the past few months are not only putting a strain on consumer's pocketbooks, but they may also make the Federal Reserve's fight to curb inflation more difficult.

Published 16 Jun, 2007 12:00am

Rubber glove makers face slow sales

High natural rubber prices have curbed global demand for rubber gloves and prompted users to shift to cheaper synthethic ones, an industry official said on Thursday.

Published 16 Jun, 2007 12:00am

Germans block RAG sale to buyout firm

Germany will not let a financial investor buy RAG, a government official said on Friday, even though Cerberus Capital Management is ready to pay up to 8 billion euros ($10.65 billion) for the conglomerate.

Published 16 Jun, 2007 12:00am

Germans block RAG sale to buyout firm

Published 16 Jun, 2007 12:00am

Aer Lingus eyeing new routes to US, Far East

Irish airline Aer Lingus sees potential to launch a new route to the east coast of the United States and another to the midwest when transatlantic air travel is liberalised next year, Commercial Director Enda Corneille said on Wednesday.

Published 16 Jun, 2007 12:00am

IMF sees post-war states as priority in Africa

The International Monetary Fund is prioritising financial aid and technical assistance for African countries emerging from conflict, in the hope it will help re-energise the economy of the world's poorest continent.

Published 16 Jun, 2007 12:00am

Chinese shares slightly higher

China's main stock index closed slightly higher on Friday as financial stocks rebounded, but most shares fell and turnover shrank because of concern about a further tightening of economic policy. The Shanghai Composite Index dropped as much as 1.17 percen

Published 16 Jun, 2007 12:00am

Malaysian shares up

Malaysian share prices closed 0.26 percent higher on Friday in thin trade with select construction and property counters leading gains, dealers said. They said property stocks were higher on news that more supportive measures will be introduced for the se

Published 16 Jun, 2007 12:00am

Hong Kong stocks at week's second record

Hong Kong-listed China plays hit their second straight record on Friday and logged their best weekly gain since December, as the recently underplayed mainland financials reclaimed the spotlight and Aluminium Corp of China (Chalco) led a rally in resource

Published 16 Jun, 2007 12:00am

Oil, moderate inflation boost US indexes

US stocks rose on Thursday as a 2 percent gain in oil prices boosted shares of Exxon Mobil Corp and other energy companies while data showing moderate inflation lifted optimism about the economy. Exxon's stock led the major advancers in the S&P 500 as cru

Published 16 Jun, 2007 12:00am

US Treasury prices finish lower

US government bond prices slipped in volatile trade on Thursday on mortgage-related selling, extending a rout that hoisted benchmark 10-year Treasury note yields to a five year peak.

Published 16 Jun, 2007 12:00am

US Treasury prices finish lower

US government bond prices slipped in volatile trade on Thursday on mortgage-related selling, extending a rout that hoisted benchmark 10-year Treasury note yields to a five year peak.

Published 16 Jun, 2007 12:00am

Philippines shares jump

Philippines share prices gained 1.18 percent to reach a new record close on Friday, thanks to the rally on Wall Street where economic data indicated inflation was being kept in check, dealers said. The composite index climbed 42.67 points to 3,671.29. Tra

Published 16 Jun, 2007 12:00am

Jakarta shares surge

Jakarta share prices finished 0.58 percent higher at a fresh all-time closing high on Friday, bolstered by a further rebound on Wall Street overnight, with miners well supported, dealers said. However, they said with some investors pocketing gains from se

Published 16 Jun, 2007 12:00am

Thai share prices rally

Thai share prices closed 1.27 percent higher on Friday, led by robust regional markets, as investors chased gains in the banking and energy sectors, dealers said. But they said trading volume was low amid worries over political tensions as ousted and exil

Published 16 Jun, 2007 12:00am

Nikkei hits one-week high

The Nikkei average rose 0.72 percent on Friday to close at its highest level in a week as air conditioner maker Daikin Industries Ltd rose on expectations of a hot summer this year, while a softer yen helped exporters such as Honda Motor Co Ltd.

Published 16 Jun, 2007 12:00am

New Zealand shares rise

New Zealand share prices closed 0.45 percent higher on Friday amid gains in key overseas markets, although investors kept a cautious eye on the local currency, dealers said. They said the direction of the New Zealand dollar has been a central theme this w

Published 16 Jun, 2007 12:00am

Indian shares fall

Indian share prices fell 0.29 percent on Friday as investors sold in late trade to lock-in gains in a choppy market, dealers said. They said the markets may consolidate further next week as investors were not keen to build up fresh investment positions un

Published 16 Jun, 2007 12:00am

Singapore shares at new high

Singapore share prices closed on Friday at a new all-time high with investor confidence energised by Wall Street's overnight bounce, dealers said. The Straits Times Index gained 0.22 percent or 7.73 points to 3,581.16, erasing the previous closing high of

Published 16 Jun, 2007 12:00am

Yuan scores biggest weekly rise

China's yuan closed up against the dollar on Friday and scored its biggest weekly gain since its 2005 revaluation, bolstering expectations that a recent pick-up in the pace of appreciation could continue in the short term.

Published 16 Jun, 2007 12:00am

Dollar firm

The dollar held near a 4-1/2-year high on Friday, boosted by a climb in US Treasury yields to a five-year high this week, while investors renewed their appetite for risk and sold the low-yielding yen in carry trades.

Published 16 Jun, 2007 12:00am

Dollar rallies to 4-1/2-year high

The dollar climbed to a 4-1/2-year high against the yen on Thursday for a second straight day ahead of a Bank of Japan policy meeting and a report on US consumer inflation that could determine whether US Treasury bond yields extend a six-week climb.

Published 16 Jun, 2007 12:00am

Swiss franc steady

The Swiss franc was steady against the dollar and euro on Friday as markets eye retail sales data due later in the session for clues on the direction of the Swiss economy. Retail sales are expected to rise by 5.0 percent in April, according to a Reuters p

Published 16 Jun, 2007 12:00am

Asian currencies: peso and rupiah gain

Most Asian currencies gained versus the dollar on Friday, with the Chinese yuan hitting a post-revaluation high and the Philippine peso benefiting the most from investors' improved appetite for risk. The high-yielding peso strengthened to 46.39 per dollar

Published 16 Jun, 2007 12:00am

Hong Kong dollar down

The Hong Kong dollar fell to a two-week low on Friday undermined by commercial demand for the US currency. The domestic currency was trading at 7.8195/96 against the US dollar, down from 7.8159/63 in late Thursday trade in Asia.

Published 16 Jun, 2007 12:00am

Hockey camp from June 18

Camp training to select Pakistan hockey team for participation in the 4-nation hockey tournament being played in Russia in July next, will get underway at Nasir Bunda Hockey Stadium Jinnah Complex Islamabad from Monday, June 18.

Published 16 Jun, 2007 12:00am

Faisal's contributions in football acknowledged

The Senior Vice-President of Islamabad Football Association and Manager of Pakistan Olympic Football team Muhammad Irfan Khan Niazi has appreciated contributions made by Pakistan Football Federation (PFF)'s President Makhdoom Syed Faisal Saleh Hayat for g

Published 16 Jun, 2007 12:00am

No play on first day of England Test

The start of the fourth and final Test between England and West Indies was put back a day because of torrential rain on Friday. Officials called off the first day's play at lunchtime after waiting nearly two hours for the rain to ease.

Published 16 Jun, 2007 12:00am

Gayle to captain one-day series

Chris Gayle will captain West Indies in three one-day internationals and two Twenty20 matches against England. The 27-year-old all-rounder takes over from Daren Ganga, who has deputised for the injured Ramnaresh Sarwan in the current Test series.

Published 16 Jun, 2007 12:00am

Marshall rejects New Zealand contract

New Zealand batsman Hamish Marshall has turned down the chance to represent his country so he can continue playing county cricket in England. Marshall was offered a New Zealand Cricket (NZC) contract for the 2007-08 season but rejected the offer so he cou

Published 16 Jun, 2007 12:00am

Premier League probe targets 17 transfers

A Premier League inquiry into alleged transfer irregularities has found that 17 transfers, including the moves of Didier Drogba and Petr Cech to Chelsea, cannot be cleared, the league said on Friday.

Published 16 Jun, 2007 12:00am

Mickelson charge aborted at US Open

Phil Mickelson, battling to stay in US Open contention despite an injured wrist, revived briefly before falling victim to toughening conditions at Oakmont in the second round on Friday.

Published 16 Jun, 2007 12:00am

Gonzalez, Djokovic slip out of Queen's

Swirling winds threw the Wimbledon preparations of Fernando Gonzalez and Novak Djokovic off course on Friday when they were upstaged at Queen's Club. Third seed Gonzalez took out his anger on his racket as he let a 4-2 lead in the final set slip away, all

Published 16 Jun, 2007 12:00am

American telecom official goes on trial in Kazakhstan

A US executive went on trial in Kazakhstan on Friday charged with stealing money from a local company he used to manage, a case that some observers say raises concerns for foreign investors in the Central Asian country.

Published 16 Jun, 2007 12:00am

Nine killed in southern Philippines blast

Nine people were killed when a bomb exploded aboard a bus in the southern Philippine town of Bansalan on Friday, a military report said. The bomb exploded inside a vehicle of the Weena Bus Company which has been previously targeted by criminal groups.

Published 16 Jun, 2007 12:00am

Russia FSB probes claims Litvinenko was British spy

Russia's Federal Security Service opened a criminal espionage investigation on Friday into accusations that murdered ex-KGB agent Alexander Litvinenko and a self-exiled Russian tycoon in London were both British spies.

Published 16 Jun, 2007 12:00am

Hungary Prime Minister strengthens reformers in reshuffle

Hungary's prime minister strengthened the hand of reformers in a cabinet reshuffle on Friday while at the same time ensuring that his Socialist Party, grumbling over low poll ratings, was kept happy.

Published 16 Jun, 2007 12:00am

Libyan court to hear HIV medics' appeal on June 20

Libya's Supreme Court will hear an appeal next week by five Bulgarian nurses and a Palestinian doctor sentenced to death on charges of infecting hundreds of Libyan children with the HIV virus, Bulgaria said on Friday.

Published 16 Jun, 2007 12:00am

Jailed coup leader takes oath as Philippine senator

A Philippine Navy officer who led an attempt to topple President Gloria Macapagal Arroyo four years ago took his oath as a member of the upper house of Congress on Friday. "This is a victory for the Filipino people," Lieutenant Antonio Trillanes said afte

Published 16 Jun, 2007 12:00am

Hope, doubts as India eyes first woman president

Indian women activists hailed on Friday the possibility of the country getting its first woman president even as some commentators said the choice of a low-profile politician could weaken the position.

Published 16 Jun, 2007 12:00am

Poland hints it might drop EU treaty threat

Poland hinted on Friday it could drop its threat to veto talks on a new European Union treaty while Germany piled on more pressure for agreement at next week's summit.

Published 16 Jun, 2007 12:00am

Russians fail to fix space computers

Russian engineers failed on Friday to fix malfunctioning navigational computers on the orbiting International Space Station but said they did not foresee having to evacuate the three crew.

Published 16 Jun, 2007 12:00am

US and Israel plan to ease sanctions to boost Abbas

The United States, Israel and European states are prepared to ease a ban on aid to the Palestinian government that President Mahmoud Abbas is forming in the West Bank after sacking Hamas, officials said on Friday.

Published 16 Jun, 2007 12:00am

Four die in Somalia attack

A grenade attack killed four people and wounded six others watching a foreign film in the western town of Baidoa in the latest flare-up in chaotic Somalia, residents said on Friday.

Published 16 Jun, 2007 12:00am

US rocket lifts off on secret mission

An unmanned heavy-lift Atlas 5 rocket blasted off from Cape Canaveral Air Force Station in Florida on Thursday to put a secret payload into orbit.

Published 16 Jun, 2007 12:00am

All Iraq reinforcements now in place: US

All US troop reinforcements for Iraq to help restore security have now arrived, but it could take several more months before their weight is fully felt, the US military said on Friday.

Published 16 Jun, 2007 12:00am

Nato tackling Afghan casualties, blames Taliban

Nato said on Friday a review of its policies in Afghanistan had led to a fall in civilian casualties caused by its troops and blamed Taliban insurgents for using ordinary Afghans as human shields.

Published 16 Jun, 2007 12:00am

Seven Britons jailed over al Qaeda plot

Seven Britons linked to a plot to blow up US financial institutions, including the New York Stock Exchange, and stage a series of attacks in Britain were jailed for a total of 136 years by a London court on Friday.

Published 16 Jun, 2007 12:00am

Jemaah Islamiah head arrested in Indonesia

Indonesia has captured the head of Southeast Asian militant group Jemaah Islamiah (JI), police said on Friday, marking what appears to be a major blow for a group blamed for a string of deadly bombings.

Published 16 Jun, 2007 12:00am

Putin may have surprise choice for successor

Russian President Vladimir Putin, who will step down next year, may have a surprise choice for his preferred successor, state news agency RIA Novosti said on Friday, quoting a senior Kremlin aide. Putin is popular in Russia after seven years of strong eco

Published 16 Jun, 2007 12:00am

Nato to offer gendarme training in Iraq

Nato said on Friday it had agreed to broaden its military training operation in Iraq to include courses for gendarme paramilitary functions. "We have agreed to a request by the Iraqi government for gendarmerie-type training," alliance defence ministers sa

Published 16 Jun, 2007 12:00am

Nine Afghans, two foreign soldiers killed

Two suicide attackers blew themselves up near Nato convoys in southern Afghanistan Friday, killing five Afghan children, four young men and a Dutch soldier, officials said. A soldier with the US-led coalition died separately after being wounded in combat

Published 16 Jun, 2007 12:00am

Indian rupee recoups losses

The Indian rupee recovered intraday losses to end stronger on Friday, as capital inflows offset dollar demand from oil refiners and suspected intervention from the central bank, traders said. The rupee ended at 40.86/87 per dollar, up from Thursday's clos

Published 16 Jun, 2007 12:00am

Pound at 15-year peak versus yen

Sterling hit its highest level against the yen in 15 years and rose versus the dollar on Friday as risk appetite and interest rate differentials continue to support the high yielding British currency. The yen fell as the Bank of Japan left rates on hold a

Published 16 Jun, 2007 12:00am

Yen hits multi-year low

The yen hit a 4-1/2 year low versus the dollar and a 15-year trough against sterling on Friday after the Bank of Japan left interest rates on hold and gave limited guidance on future tightening. The dollar was broadly firmer as investors expected US infla

Published 16 Jun, 2007 12:00am

Crossover index moves higher

The iTraxx Crossover index rallied on Friday after key US inflation data suggested consumer price growth in the world's largest economy is under control. The index capped gains later in the session after a report showed US industrial production was flat i

Published 16 Jun, 2007 12:00am

Crossover index moves higher

Published 16 Jun, 2007 12:00am

US Stocks: Friday's mid-afternoon trade

US stocks gained for a third straight day on Friday after tame consumer price data put inflation fears on the shelf, while an upgrade of bellwether Intel breathed life into the tech sector. The Nasdaq climbed to its highest in more than six years.

Published 16 Jun, 2007 12:00am

Seoul shares hit record

Seoul shares ended up slightly after hitting a second straight record on Friday as brokerages again surged after a parliamentary panel approved an act that gives them a bigger role in the financial sector.

Published 16 Jun, 2007 12:00am

Closing stock market indices

Major stock markets outside the United States ended on Friday.

Published 16 Jun, 2007 12:00am

FTSE nears seven-year high

A global stock rally on tame US inflation helped Britain's benchmark share index to a near 7-year closing high, with retailer Sainsbury buoyed by stake-building and miners supported by bullish broker comments. The FTSE closed 1.2 percent higher at 6,732.4

Published 16 Jun, 2007 12:00am

China soyameal and corn outlook bullish

The outlook for soyameal among Chinese traders turned bullish for the first time this year, while that for soyaoil became bearish after five weeks of strong performance, according to a survey by a Chinese grain think-tank on Friday.

Published 16 Jun, 2007 12:00am

Gold consumers adapt to prices, not volatility

Physical gold buyers have adjusted to strong prices above $600 an ounce after a price rally last year hit demand, forcing everyone from jewellery makers to industrial users to bite the bullet.

Published 16 Jun, 2007 12:00am

Oil touches 10-month high on US fuel

Oil prices touched a 10-month high on Friday sparked by worries of low US fuel supplies from creaking refineries and an upsurge of violence in the Middle East. It was the third day of gains after a weekly US report on Wednesday showed gasoline stocks fail

Published 16 Jun, 2007 12:00am

Monsanto raises outlook

Monsanto Co increased its fiscal 2007 earnings outlook on Friday due to strong results from the corn planting season in the United States and its herbicide business, sending its shares up 6 percent. The company said it expects fiscal 2007 ongoing earnings

Published 16 Jun, 2007 12:00am

Rotterdam vegetable oil prices

Friday's Rotterdam vegetable oil prices at 1600 GMT.

Published 16 Jun, 2007 12:00am

Previous Day

Forex
World
Commodity

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
Petrol/Litre / Sep 21	249.10
Karachi Cotton PKR/37.32 KG / Sep 21	18,935
Gold 10 Grams PKR / Sep 21	233,625

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 21 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 21 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 21 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 21 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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