News Archives for Print - 2008-06-25

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

Stocks rebound after lengthy slide: KSE index sets highest-ever single day gain of 960.50 points

The KSE-100 index witnessed highest-ever single day increase of 960.50 points or 8.60 percent to close at 12,122.67 points level on the back of revised risk management measures taken by Securities & Exchange Commission of Pakistan to check the continuous

Published 25 Jun, 2008 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

Stocks rebound after lengthy slide: KSE index sets highest-ever single day gain of 960.50 points

The KSE-100 index witnessed highest-ever single day increase of 960.50 points or 8.60 percent to close at 12,122.67 points level on the back of revised risk management measures taken by Securities & Exchange Commission of Pakistan to check the continuous

Published 25 Jun, 2008 12:00am

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

Fortnightly oil pricing policy scrapped

The government has scrapped the policy of fortnightly announcing oil prices and has barred the Oil and Gas Regulatory Authority (Ogra) from fixing the rates for consumers on first and 15th of each month. From July 1, 2008, any upward or downward revision

Published 25 Jun, 2008 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

Fortnightly oil pricing policy scrapped

The government has scrapped the policy of fortnightly announcing oil prices and has barred the Oil and Gas Regulatory Authority (Ogra) from fixing the rates for consumers on first and 15th of each month. From July 1, 2008, any upward or downward revision

Published 25 Jun, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

Fortnightly oil pricing policy scrapped

The government has scrapped the policy of fortnightly announcing oil prices and has barred the Oil and Gas Regulatory Authority (Ogra) from fixing the rates for consumers on first and 15th of each month. From July 1, 2008, any upward or downward revision

Published 25 Jun, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

Government to file petition against LHC verdict today: DAG

The federal government on Wednesday will file a petition in the Supreme Court against the verdict of Lahore High Court (LHC) which on Monday disqualified the PML-N chief Nawaz Sharif from contesting by-elections from NA-123.

Published 25 Jun, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

Government to file petition against LHC verdict today: DAG

The federal government on Wednesday will file a petition in the Supreme Court against the verdict of Lahore High Court (LHC) which on Monday disqualified the PML-N chief Nawaz Sharif from contesting by-elections from NA-123.

Published 25 Jun, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

Global wealth hits $40.7 trillion in 2007 but growth slows

Assets held by the world's richest people grew at a slower pace in 2007 than 2006 as the credit crisis began to bite, a study showed on Tuesday, despite rapid growth in emerging markets.

Published 25 Jun, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

Exhibit slamming eight years under Bush begins US tour

An exhibition slamming the legacy of US President George W. Bush was unveiled Tuesday in Washington in a 45-foot (15 meters) long, 28-ton bus parked just steps from the White House.

Published 25 Jun, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

NSS profit rates revised to achieve Rs 150 billion saving target

Pakistan National Savings (PNS) has revised the rates of profit on savings schemes to achieve the Rs 150 billion saving target the federal government has given to PNS for fiscal year 2008-09.

Published 25 Jun, 2008 12:00am

Currency values in terms of Special Drawing Rights

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

Published 25 Jun, 2008 12:00am

Export finance limits may continue till new fixation

The State Bank has allowed limits of banks, as on June 30, 2008 under Export Finance Scheme (EFS) including Islamic Export Refinance Scheme (IERS), to continue till fixation of new limits for FY 2008-09. In its circular issued on Tuesday it said that expo

Published 25 Jun, 2008 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

Export finance limits may continue till new fixation

The State Bank has allowed limits of banks, as on June 30, 2008 under Export Finance Scheme (EFS) including Islamic Export Refinance Scheme (IERS), to continue till fixation of new limits for FY 2008-09. In its circular issued on Tuesday it said that expo

Published 25 Jun, 2008 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

Export finance limits may continue till new fixation

The State Bank has allowed limits of banks, as on June 30, 2008 under Export Finance Scheme (EFS) including Islamic Export Refinance Scheme (IERS), to continue till fixation of new limits for FY 2008-09. In its circular issued on Tuesday it said that expo

Published 25 Jun, 2008 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

Loan against shares: SBP directive to banks

The State Bank of Pakistan has instructed banks to make sure that loan against shares is absolutely on the name of beneficiary. The SBP has issued BPRD Circular Letter No 15 to the president and chief executives of all banks and has instructed that banks/

Published 25 Jun, 2008 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

Loan against shares: SBP directive to banks

The State Bank of Pakistan has instructed banks to make sure that loan against shares is absolutely on the name of beneficiary. The SBP has issued BPRD Circular Letter No 15 to the president and chief executives of all banks and has instructed that banks/

Published 25 Jun, 2008 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

Loan against shares: SBP directive to banks

The State Bank of Pakistan has instructed banks to make sure that loan against shares is absolutely on the name of beneficiary. The SBP has issued BPRD Circular Letter No 15 to the president and chief executives of all banks and has instructed that banks/

Published 25 Jun, 2008 12:00am

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

No payment of subsidies after June 30: SBP

The State Bank of Pakistan officially announced on Tuesday that banks and authorised dealers would not receive Research and Development (R&D) subsidy claims of textile and other sectors after June 25, 2008 and instructed field offices not to make payment

Published 25 Jun, 2008 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

No payment of subsidies after June 30: SBP

The State Bank of Pakistan officially announced on Tuesday that banks and authorised dealers would not receive Research and Development (R&D) subsidy claims of textile and other sectors after June 25, 2008 and instructed field offices not to make payment

Published 25 Jun, 2008 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

No payment of subsidies after June 30: SBP

The State Bank of Pakistan officially announced on Tuesday that banks and authorised dealers would not receive Research and Development (R&D) subsidy claims of textile and other sectors after June 25, 2008 and instructed field offices not to make payment

Published 25 Jun, 2008 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 Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

US House approves $150 million new assistance

The US House of Representatives has approved $150 million in new assistance for Pakistan to address economic needs in the next fiscal year. The assistance is included in the war supplemental budget measure into the year 2009, beginning from October 1, 200

Published 25 Jun, 2008 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

US House approves $150 million new assistance

The US House of Representatives has approved $150 million in new assistance for Pakistan to address economic needs in the next fiscal year. The assistance is included in the war supplemental budget measure into the year 2009, beginning from October 1, 200

Published 25 Jun, 2008 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

US House approves $150 million new assistance

The US House of Representatives has approved $150 million in new assistance for Pakistan to address economic needs in the next fiscal year. The assistance is included in the war supplemental budget measure into the year 2009, beginning from October 1, 200

Published 25 Jun, 2008 12:00am

Barclays bid rates and maximum rates for payment of interest

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

Published 25 Jun, 2008 12:00am

Government considering pledging Tarbela machinery

The government is considering pledging Tarbela dam''s machinery to generate approximately $8.25 billion for Diamir-Bhasha dam as finances from external sources, particularly from international financial institutions, do not seem to be forthcoming for the

Published 25 Jun, 2008 12:00am

State Bank of Pakistan conversion rates

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

Published 25 Jun, 2008 12:00am

Government considering pledging Tarbela machinery

The government is considering pledging Tarbela dam's machinery to generate approximately $8.25 billion for Diamir-Bhasha dam as finances from external sources, particularly from international financial institutions, do not seem to be forthcoming for the p

Published 25 Jun, 2008 12:00am

Karachi interbank rates

Karachi interbank rates on Tuesday (June 24, 2008).

Published 25 Jun, 2008 12:00am

Government considering pledging Tarbela machinery

The government is considering pledging Tarbela dam's machinery to generate approximately $8.25 billion for Diamir-Bhasha dam as finances from external sources, particularly from international financial institutions, do not seem to be forthcoming for the p

Published 25 Jun, 2008 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 25 Jun, 2008 12:00am

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 25 Jun, 2008 12:00am

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 25 Jun, 2008 12:00am

Maersk to buy 18 container ships

Danish shipping and oil group A.P. Moller-Maersk said on Tuesday it had signed a deal with Hyundai Heavy Industries for the delivery of 18 container vessels in 2011 and 2012. In a statement Maersk, which operates the world's largest container shipping lin

Published 25 Jun, 2008 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 96,327 tonnes of cargo including 55,727 tonnes of import, 40,600 tonnes of export cargo and 4,642 loaded and empty containers (TEUs) during last 24 hours ended at 0700 hours on Tuesday.

Published 25 Jun, 2008 12:00am

KCBT wheat futures lower

Hard red winter wheat futures on the Kansas City Board of Trade ended more than 1 percent lower on Monday amid harvest pressure and losses in outside markets. July ended down 11 cents, or 1.2 percent, at $9.04 a bushel, after falling as low as $8.91, whil

Published 25 Jun, 2008 12:00am

Vietnam coffee prices rise

Coffee prices in Vietnam, the world biggest exporter of robusta beans, rose nearly 5 percent in the past week on the back of thinning stocks and gains in London future prices, traders said on Tuesday.

Published 25 Jun, 2008 12:00am

Canadian canola futures higher

Canadian canola futures were strong relative to the US soya complex on Monday after farmer selling dropped off and on short covering ahead of a Statistics Canada report, traders said. ICE canola futures settled $3.80 per tonne higher to $1.90 lower, with

Published 25 Jun, 2008 12:00am

Indonesian palm oil prices fall

Indonesian palm oil prices slipped on Tuesday with a weaker Malaysian market, concerns over a higher export tax in July and sluggish demand amid a high production cycle, dealers said. The state marketing centre in Jakarta did not sell any of 12,000 tonnes

Published 25 Jun, 2008 12:00am

Indian sugar futures ease

Indian sugar futures eased on Tuesday for a second day after data showed new crop sowing has taken off strongly, while moderating prices in London also weighed. Demand in the physical market was sluggish even as supplies rose, with millers rushing to clea

Published 25 Jun, 2008 12:00am

US corn futures higher

US corn futures ended higher on Monday following firm crude oil but the market was volatile amid outlooks for better crop weather in the US after several weeks of disastrous flooding. It's a better forecast in that it doesn't appear to favour persistent h

Published 25 Jun, 2008 12:00am

Oil World cuts US soyabean crop forecast

The US 2008-09 soyabean crop is forecast at 81.90 million tonnes, down 2.5 million tonnes from a previous estimate after heavy rain in the US Midwest, Hamburg-based oilseeds analysts Oil World said on Tuesday. "The US soyabean crop will turn out sharply l

Published 25 Jun, 2008 12:00am

Cotton prices hit new high; phutti arrival starts

Cotton prices hit the new high at Rs 4200 on Tuesday as arrival of best quality of seed cotton was on rise, dealers said on the cotton market. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 3800, dealers said.

Published 25 Jun, 2008 12:00am

Bangladesh tea prices rise at weekly auction

The average price of Bangladesh teas rose 6.70 percent to 131.61 taka ($1.92) per kg at the weekly auction on Tuesday, brokers said. Nearly 1.19 million kg were sold at 131.61 taka per kg on average, up 8.26 taka from the last sale. The withdrawal percent

Published 25 Jun, 2008 12:00am

Grams prices higher on grain market

Grams prices were sharply higher on the grain market on Tuesday as profit takers started hoarding the commodities for more gains, dealers said. Some market analysts said that in fact, some trades were trying the store the commodities ahead of Ramazan.

Published 25 Jun, 2008 12:00am

EU revises cotton policy reform after court case

The European Union agreed on Monday to revamp its policy on subsidised cotton production, making technical changes to a 2004 reform that had run foul of Europe's highest court, the EU's executive Commission said.

Published 25 Jun, 2008 12:00am

Malaysian tin jumps

Malaysian tin gained 2.4 percent on Tuesday, boosted by sharp rises on the London Metal Exchange and weak supplies, one dealer said.

Published 25 Jun, 2008 12:00am

New York sugar easier

Raw sugar futures stumbled to a weak close on Monday on investment fund sales and a firm dollar as the market throttled back after touching a 9-week top, brokers said. Benchmark October fell 0.21 cent to end at 12.87 cents per lb, trading from 12.67 to 13

Published 25 Jun, 2008 12:00am

US copper to weaker

US copper futures finished lower Monday as a stronger tone in the US dollar and a failed attempt to breach overhead technical resistance encouraged the weaker price action, analysts said. Copper for July delivery settled down 2.25 cents at $3.8095 a lb on

Published 25 Jun, 2008 12:00am

Shanghai copper down

Shanghai copper prices fell one percent on Tuesday and London futures eased after a failed attempt to break higher, while LME aluminium drifted less than 6 percent short of a record high. The most active Shanghai September copper contract fell 610 yuan to

Published 25 Jun, 2008 12:00am

US gold dip on fund liquidation

US gold futures plunge as much as 3 percent amid heavy volume on Monday, ending just above $880 an ounce as a sudden rise in the dollar triggers heavy long liquidation and chart-based sell-stops.

Published 25 Jun, 2008 12:00am

Gold rebounds on bargain hunting

Gold gained on bargain hunting on Tuesday after falling around 2 percent in New York, but investors may be careful about taking large positions ahead of an interest rate decision by the US Federal Reserve. The Fed is expected to leave rates unchanged at 2

Published 25 Jun, 2008 12:00am

Vietnam's higher first half rice sales cap future deals

Vietnam could export 2.5 million tonnes of rice in the first half of the year, state-run media reported on Tuesday, a jump of 4.2 percent from the same period last year that will leave little room for more exports until after September.

Published 25 Jun, 2008 12:00am

Tokyo rubber advances

Tokyo rubber futures jumped more than 1 percent on Tuesday as firmness in oil prices and bullish technical signals prompted active buying from investment funds. Tokyo rubber prices advanced despite a big delivery for the front-month June rubber futures co

Published 25 Jun, 2008 12:00am

Soyabean slips

US soy futures ended lower on Monday amid better crop weather in the US that is allowing rapid soy seedings following last week's flooding, traders said. CBOT soy closed down 1-1/2 to 18 cents per bushel, with July down 17-1/2 at $15.15 per bushel.

Published 25 Jun, 2008 12:00am

Malaysian palm oil falls

Malaysian crude palm oil futures closed lower on Tuesday, dragged down by trade selling amid concerns over rising stocks in June due to slowing exports and higher production, a trader said. Prices of the vegetable oil have fallen more than 5 percent last

Published 25 Jun, 2008 12:00am

US rice up

Rough rice futures on the Chicago Board of Trade settled higher on Monday on light technical buying, traders said. July rice ended 34 cents higher at $20.37 per hundredweight, with September up 34 at $19.75. Volume was thin at an estimated 470 futures.

Published 25 Jun, 2008 12:00am

Indonesia sells no crude palm oil at auction

Indonesia's state marketing centre did not sell any of the 12,000 tonnes of crude palm oil offered in a local auction as buyers bid lower on concerns about an expected export tax increase, the centre said on Tuesday. The centre offered 5,500 tonnes of cru

Published 25 Jun, 2008 12:00am

Oil extends gains in Asia

Oil prices climbed further on Tuesday, propped up by worries over supply disruptions in Nigeria and tensions in the Middle East, while Asian stocks eased to new multi-month lows on concerns about the US economy. Surging energy costs in Asia coincide with

Published 25 Jun, 2008 12:00am

India's central bank raises key interest rate

India's central bank unleashed a fresh round of monetary tightening Tuesday, raising its key short-term lending rate by half-a-percentage point after inflation hit a 13-year high of over 11 percent. The Reserve Bank of India raised its repo rate at which

Published 25 Jun, 2008 12:00am

Opec document warns of investment uncertainty

Opec faces considerable uncertainty over how much to invest in supplying oil, with crude demand seen in the range of 29 million to 38 million bpd by 2020, a document tabled at EU-Opec talks on Tuesday showed.

Published 25 Jun, 2008 12:00am

No shortage of oil in markets: Opec chief

Opec President Chakib Khelil reiterated on Tuesday that there was no shortage of oil available on markets and recent record prices were due to other factors. "Our view from a producers' point of view ... is that as far as fundamentals are concerned I thin

Published 25 Jun, 2008 12:00am

US economy sound despite strains: Paulson

US Treasury Secretary Henry Paulson said on Tuesday that the global economy was being strained by costly energy but said US economic fundamentals were sound. In an interview on Mexican television, Paulson said he thought that most of the slump in US housi

Published 25 Jun, 2008 12:00am

US house prices down, consumer confidence slips to 16-year low

US consumer sentiment slid to a 16-year low in June while house prices suffered record annual drops in April, according to data on Tuesday that suggested a retrenchment in spending that will keep squelching economic growth. The Conference Board's monthly

Published 25 Jun, 2008 12:00am

EU to fine, blacklist illegal fishing operators

European Union ministers agreed on Tuesday to tighten inspections on illegal fishing in EU waters and impose stiff fines on lawbreakers. The EU has one of the world's largest fishing fleets and is the top market and importer of fisheries products, worth a

Published 25 Jun, 2008 12:00am

US economy on brink of recession: Greenspan

Former US Federal Reserve Chairman Alan Greenspan warned on Tuesday the US economy was on the brink of a recession, with the chances of that happening at more than 50 percent. The US economy has been hit by a credit crisis, which began in the sub-prime mo

Published 25 Jun, 2008 12:00am

Japan to restart solar subsidies next year

Japan aims to reintroduce subsidies on solar power equipment next year to help generate demand until technological innovation brings prices down. The Ministry of Economy, Trade and Industry will draw up plans for new residential and commercial subsidies b

Published 25 Jun, 2008 12:00am

Lone Star cleared of KEB unit price manipulation

A South Korean high court on Tuesday cleared US private equity house Lone Star of manipulating the stock price of a former credit card firm, removing an obstacle to HSBC's $6.3 billion deal to buy control of Korea Exchange Bank.

Published 25 Jun, 2008 12:00am

Airbus ships first kit to Chinese assembly plant

European planemaker Airbus took a major step towards starting production in China when a kit of parts to be assembled in the northern port city of Tianjin left a factory in Hamburg by river on Tuesday. It is the first time Airbus has embarked on final ass

Published 25 Jun, 2008 12:00am

NYSE Euronext to buy 25 percent stake in Doha exchange

The state of Qatar has agreed to sell 25 percent of the Doha Securities Market to NYSE Euronext for $250 million in a bid to become the booming region's financial hub and extend global links. Transatlantic bourse NYSE Euronext - which comprises the New Yo

Published 25 Jun, 2008 12:00am

Billion dollar London sales open

More than a billion dollars' worth of art goes on sale in London over the next 10 days, the latest test of the market's resilience amid signs of recession. Prices for the most sought-after artists continued to rise in the last year, defying global economi

Published 25 Jun, 2008 12:00am

China to keep closer watch on capital flows

China will increase efforts to check capital flows related to exports and imports to help the country fend off any attack by global speculators, a senior foreign exchange regulator said in remarks published on Tuesday.

Published 25 Jun, 2008 12:00am

Indian shares sag

Indian shares closed down 1.31 percent on Tuesday as foreign investors sold amid fears of more steps to slow the economy with inflation at a 13-year high of 11.05 percent, dealers said. The benchmark Mumbai 30-share Sensex index fell 186.74 points to 14,1

Published 25 Jun, 2008 12:00am

Singapore shares weaken

Singapore share prices closed 0.57 percent lower on Tuesday with investors on the sidelines ahead of a US Federal Reserve policy meeting starting later Tuesday, dealers said. The blue chip Straits Times Index fell 16.99 points to 2,962.16.

Published 25 Jun, 2008 12:00am

Hong Kong shares fall

Hong Kong shares fell for the fourth straight trading day on Tuesday amid thin volume, with handset maker Foxconn hitting a two-year low on worries over market share losses. Falls in property stocks such as Hang Lung Properties and China Overseas ahead of

Published 25 Jun, 2008 12:00am

Dow and S&P finish flat as financials weigh

The Dow and the S&P 500 ended effectively unchanged on Monday in thin trade as renewed concerns about the outlook for financial shares offset gains in energy stocks and news of a $4.4 billion take-over in the agricultural sector.

Published 25 Jun, 2008 12:00am

US Treasury prices slip

US government debt prices were mostly weaker in light trading on Monday as investors stayed on the sidelines before the Federal Reserve's policy meeting and Treasury Department note sales later this week.

Published 25 Jun, 2008 12:00am

US Treasury prices slip

US government debt prices were mostly weaker in light trading on Monday as investors stayed on the sidelines before the Federal Reserve's policy meeting and Treasury Department note sales later this week.

Published 25 Jun, 2008 12:00am

Taiwan stocks plunge 1.76 percent

Taiwan stocks fell 1.76 percent on Tuesday to a fresh four-month closing low, with LCD flat panel makers hit by a Merrill Lynch downgrade over worries of decreasing prices and a supply glut. Taiwan's main TAIEX share index closed down 138.37 points at 7,7

Published 25 Jun, 2008 12:00am

Financials and property boost China stocks 1.54 percent

Strong financials and property stocks led Chinese shares higher on Tuesday, although turnover remained thin while oil refiners and steel makers sagged. The Shanghai Composite Index ended up 1.54 percent at 2,803.019 points, recouping most of the losses su

Published 25 Jun, 2008 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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