News Archives for Print - 2008-09-21

Print - 2008-09-21

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 21 Sep, 2008 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (September 20, 2008).

Published 21 Sep, 2008 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (September 20, 2008).

Published 21 Sep, 2008 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (September 20, 2008).

Published 21 Sep, 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 Saturday (September 20, 2008).

Published 21 Sep, 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 Saturday (September 20, 2008).

Published 21 Sep, 2008 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Saturday (September 20, 2008).

Published 21 Sep, 2008 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Saturday (September 20, 2008).

Published 21 Sep, 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 Saturday (September 20, 2008).

Published 21 Sep, 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 Saturday (September 20, 2008).

Published 21 Sep, 2008 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (September 20, 2008).

Published 21 Sep, 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 21 Sep, 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 21 Sep, 2008 12:00am

Karachi interbank rates

Karachi interbank rates on Saturday (September 20, 2008).

Published 21 Sep, 2008 12:00am

US corn futures end up

US corn futures rallied more than 3 percent on Friday after US government moves to rescue the ailing financial sector boosted the stock market and touched off inflationary signals. Chicago Board of Trade corn closed 5-3/4 to 17-1/4 cents per bushel higher

Published 21 Sep, 2008 12:00am

US wheat futures end higher

US wheat futures rallied on Friday, rising more than 3 percent on the Chicago Board of Trade as the US government's rescue plan for the financial sector buoyed sentiment in commodities, traders said. Most commodities rose as the government initiatives eas

Published 21 Sep, 2008 12:00am

Volume, prices improve on cotton market

Steady trend was seen on the cotton market on Saturday as most of the mills were still busy in forward shopping ahead of Eid holidays, dealers said. The official spot rate was unchanged at Rs 3950, they said. Phutti prices in Sindh were at Rs 1900-1950 an

Published 21 Sep, 2008 12:00am

Rates decline on grain market

Subdued business was seen on the grain market on Saturday as balanced demand and supply did not allow the rates to fluctuate sharply, dealers said. On the cereal side moong Punjab quoted lower at Rs 2875, sugar superior quality was down by Rs 50 to 3300 w

Published 21 Sep, 2008 12:00am

Chemicals prices mixed on Jodia Bazaar

The trading in chemicals showed mixed trend on Jodia Bazaar here on Saturday. The following changes were noted.

Published 21 Sep, 2008 12:00am

KCBT wheat futures higher

Hard red winter wheat futures on the Kansas City Board of Trade ended 3 percent higher Friday, rallying along with other commodity and financial markets. KCBT December wheat climbed as high as $7.59-1/2 before ending up 22-1/4 cents or 3 percent at $7.56-

Published 21 Sep, 2008 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 119,578 tonnes of cargo including 72,726 tonnes of import, 46,852 tonnes of export cargo and 4,786 loaded and empty containers (TEUs) during last 24 hours ending at 0700 hours on Saturday.

Published 21 Sep, 2008 12:00am

US Midwest soya weaker, corn steady

Spot basis bids for US Midwest soyabeans were steady to weak on Friday as recently harvested supplies began to trickle in to processors and elevators in the western Corn Belt, grain merchants said. Corn basis bids were mostly steady to narrowly mixed whil

Published 21 Sep, 2008 12:00am

Upward trend on Australian wool market

The Australian wool market finished 1.2 percent higher, on average, at sales in Newcastle, Melbourne and Fremantle this week. The AWEX EMI rose by 15 Aust cents (1.7 percent), ending the week at 896 Aust cents a kg.

Published 21 Sep, 2008 12:00am

US rice higher

Rough rice futures on the Chicago Board of Trade settled higher on Friday, led by strength in other commodities, as a US government rescue plan eased concerns about the financial sector, traders said. November rice settled 41 cents higher at $19.21 per hu

Published 21 Sep, 2008 12:00am

US copper rallies

US copper futures closed sharply higher on Friday, touching a two-week peak, as optimism seeped back into global markets on hopes a potential US debt rescue plan will contain fallout from the credit crisis. Copper for December delivery settled up 11.05 ce

Published 21 Sep, 2008 12:00am

Vietnam rice prices fall

Vietnam's paddy prices have fallen nearly five percent in the past week on the back of weak export demand and abundant supplies in the top rice-growing provinces of the Mekong river delta, traders said on Wednesday.

Published 21 Sep, 2008 12:00am

Argentine wheat harvest may fall

Argentina's wheat output could fall by 25 percent this season due to a prolonged drought that is gradually reducing potential yields, the Buenos Aires Grains Exchange said in a report on Friday. Argentina, the world's No 4 wheat supplier last year, gather

Published 21 Sep, 2008 12:00am

US gold down

US gold futures ended nearly 4 percent lower Friday as bullion's safe-haven appeal decreased and as global stocks soared after the US government unveiled measures to tackle the financial crisis. December gold settled down $32.30, or 3.6 percent, at $864.7

Published 21 Sep, 2008 12:00am

Indonesian cocoa output

Indonesia's cocoa output is likely to fall 5 percent to 456,000 tonnes in 2009 as the country struggles to contain a deadly fungal disease, the chairman of the Indonesian Cocoa Association said on Tuesday. The estimated fall in output would come on top of

Published 21 Sep, 2008 12:00am

New York sugar settles mostly up

Raw sugar futures closed largely firmer Friday on investor buying encouraged by a US rescue plan to stabilise reeling financial markets, but analysts said the mood among most players is one of caution going into next week. The October raw sugar contract s

Published 21 Sep, 2008 12:00am

Asian sugar: Thailand to cash in on India's fading exports

India's expected drop in sugar output and exports should bring cheer to traders in Thailand who stand to clinch bigger deals with Asian buyers such as Japan. India, the world's biggest producer after Brazil, is expected to see sugar production fall 24 per

Published 21 Sep, 2008 12:00am

US soya futures rise

US soy futures gained more than 2. percent on Friday, boosted by outside markets, especially a sharp rebound in the US stock market, after US government moves to bail out the financial sector. Chicago Board of Trade soy closed 27-1/2 to 36-1/2 cents per b

Published 21 Sep, 2008 12:00am

New York cocoa settles firm

ICE cocoa finished quietly higher on Friday, in an inside day of thin dealings, following global markets that were buoyed by the US government's steps to stem the credit crisis, traders said. Benchmark December settled up $34 at $2,690 per tonne, the day'

Published 21 Sep, 2008 12:00am

Oil, gold prices bounce

Oil and gold prices bounced higher this week as investors sought a safe haven while other commodities fell on fears that the financial crisis could sap global economic growth and dent demand. However, profit-taking was in evidence Friday as world stock ma

Published 21 Sep, 2008 12:00am

Berlusconi warns Alitalia now risks bankruptcy

Alitalia remained airborne on Saturday but Prime Minister Silvio Berlusconi ruled out any last-minute rescue by a foreign airline and said Italy's flag carrier could be headed for bankruptcy.

Published 21 Sep, 2008 12:00am

US crisis harder to fix than Asia in 90s: Thai central bank

The root causes of the financial turmoil in the United States are similar to the crisis that gripped Asia 11 years ago, but may be harder to fix, Thailand's central bank governor said on Saturday. Speaking to Asian central bankers gathered in Bangkok for

Published 21 Sep, 2008 12:00am

California legislature passes revised budget

Both houses of California's legislature passed a budget bill on Friday that was hammered out between top lawmakers and Governor Arnold Schwarzenegger a day earlier, bringing a long-awaited spending plan for the state's fiscal year that began in July a ste

Published 21 Sep, 2008 12:00am

Germany to cut 2009 growth forecast

German economic growth could be hurt for quite some time by financial market turmoil, European Central Bank Executive Board member Juergen Stark said in a newspaper interview to be published on Sunday. Stark's warnings that "shock waves" from the United S

Published 21 Sep, 2008 12:00am

Canadian regulator places ban on short-selling

Canada's largest provincial securities watchdog said late on Friday that it will follow other international authorities with a temporary ban on short-selling certain financial stocks. The Ontario Securities Commission said the ban, coming on the heels of

Published 21 Sep, 2008 12:00am

EU shoemakers threaten legal action on dumping duty

Italian and other shoemakers threatened legal action against the European Commission on Saturday if the EU executive decides to scrap anti-dumping duties on imports of Chinese and Vietnamese leather footwear. European retailers and global shoemakers, whic

Published 21 Sep, 2008 12:00am

South Korea's Lee calls for action on global market woes

South Korea's President Lee Myung-bak called on Saturday for the government to act "promptly and aggressively" to minimise the impact of global financial turmoil on the local economy. Following a meeting with heads of economic ministries and the central b

Published 21 Sep, 2008 12:00am

China central bank warns on prices, content with growth

Chinese inflation remains high and authorities cannot become complacent about fighting it, while a moderate slowdown in economic growth is benefitting the country, a vice governor of the central bank said on Saturday.

Published 21 Sep, 2008 12:00am

DreamWorks completes deal with Reliance ADA

The principals behind DreamWorks SKG on Friday signed a long-expected deal with Reliance ADA Group of India to start a new $1.2 billion film company, allowing the studio co-founded by director Steven Spielberg to part ways with Paramount Pictures.

Published 21 Sep, 2008 12:00am

Venezuela signs natgas deals with foreign companies

Venezuela struck deals on Friday for natural gas projects in the Caribbean with foreign companies, including US-based Chevron, in a sign it is open to some outside investment despite sweeping nationalisations. In transportation, production and exploration

Published 21 Sep, 2008 12:00am

Japanese government bonds futures tumble

Japanese government bond futures tumbled on Friday as share prices soared on news that the US government is working on a plan to address systemic risks in US markets and deal with problem assets of financial firms. Senate Banking Committee Chairman Christ

Published 21 Sep, 2008 12:00am

Japanese government bonds futures tumble

Published 21 Sep, 2008 12:00am

Mexican stocks climb

Mexico's stocks jumped on Friday as news of a US government plan to restore confidence in panicked financial markets boosted investor appetite for emerging market assets. The IPC benchmark stock index soared 4.57 percent to 25,701.03 points, reversing dec

Published 21 Sep, 2008 12:00am

US corporate bonds spread narrow

US corporate bond spreads were broadly tighter on Friday on optimism over a US plan to clean up problem mortgage debt and a temporary US and British ban on short-selling of financial stocks. Bond prices of financial firms rallied, sending yields lower rel

Published 21 Sep, 2008 12:00am

US corporate bonds spread narrow

Published 21 Sep, 2008 12:00am

US Treasury prices end down

US Treasury debt prices tumbled and yields soared for a second straight day on Friday after the US government's dramatic steps to end a credit crisis reversed days of panic buying of safe-haven Treasuries. Benchmark 10-year Treasury note yields posted the

Published 21 Sep, 2008 12:00am

US Treasury prices end down

Published 21 Sep, 2008 12:00am

IPO stocks get thrashed by markets

This week's battering of the stock markets not only slammed companies once thought of as stable, blue chip stocks, such as financials. The market were also merciless toward the stocks of newly public companies, as investors fled to the safest securities t

Published 21 Sep, 2008 12:00am

China bond yields rise

China's bill and bond yields mostly rose on Friday, with the curve flattening, as money flowed out of debt into the soaring stock market, pushing repo rates up sharply. The Shanghai Composite Index soared over 9 percent in response to a market support pac

Published 21 Sep, 2008 12:00am

China bond yields rise

Published 21 Sep, 2008 12:00am

Emerging market stocks, bonds up

Emerging market stock and bond prices rebounded strongly on Friday on global optimism over a US government plan to rescue financial markets. Despite the positive reaction, analysts were cautious about the economic outlook for emerging markets in the mediu

Published 21 Sep, 2008 12:00am

Emerging market stocks, bonds up

Published 21 Sep, 2008 12:00am

Argentine stocks rally

Argentine stocks closed 10.24 percent higher on Friday, marking their biggest one-day jump since January 2002 as global markets rallied on optimism over a US financial rescue plan. The MerVal benchmark stocks index ended at 1,662.52 points, largely neutra

Published 21 Sep, 2008 12:00am

Toronto stocks surge

The Toronto Stock Exchange's main index soared to its biggest percentage gain since 1987 on Friday, as a series of US-led moves to shore up the global financial system sparked a resource-led rally across all sectors. The second-straight day of strong gain

Published 21 Sep, 2008 12:00am

Canadian bond prices drop

The Canadian bond prices dropped sharply on Friday as the unwinding of the safe-haven bid that had been boosting the market continued. The 10-year bond had its biggest one-day fall since 2004, while the two-year bond fell the most in almost a month. "It's

Published 21 Sep, 2008 12:00am

Canadian bond prices drop

Published 21 Sep, 2008 12:00am

Brazil stocks post biggest daily gain since 1999

Brazilian stocks posted their biggest daily gain in almost a decade on Friday as optimism about a potential US debt rescue plan and measures to ban short selling boosted global markets. The benchmark Bovespa index of the Sao Paulo Stock Exchange jumped 9.

Published 21 Sep, 2008 12:00am

Extraordinary rescue effort spurs Wall Street rally

Sweeping government measures to rescue the financial system and restore confidence in shaky markets spurred a huge relief rally in US stocks on Friday, ending a week when the financial landscape underwent the most dramatic reshaping since the Great Depres

Published 21 Sep, 2008 12:00am

Forex outlook: mortgage bailout plan may support dollar next week

The dollar may rise next week amid hopes a US government plan to contain the credit market crisis that is threatening the country's banking system will bring relief to wobbly global markets. But details associated with the plan, which could cost hundreds

Published 21 Sep, 2008 12:00am

Mexican peso surges

Mexico's peso currency soared on Friday and stocks jumped as news of a US government plan to halt turmoil in financial markets boosted investor appetite for emerging market assets. The peso strengthened 2.34 percent at the central bank's final reference t

Published 21 Sep, 2008 12:00am

Yen drops versus dollar

The yen fell on Friday and was set for its worst one-day drop versus the dollar in over five months as steps by US authorities to boost morale in distressed financial markets revived global appetite for risky trades. US Treasury Secretary Henry Paulson ur

Published 21 Sep, 2008 12:00am

IMM speculators boost long dollar bets

Currency speculators raised their long positions on the US dollar, according to the latest weekly data from the Commodity Futures Trading Commission on Friday. The value of the US dollar's net long position rose to $13.34 billion in the week to September

Published 21 Sep, 2008 12:00am

Kenyan bank steps in to stem shilling slide

The Kenya shilling clawed back losses against the dollar after the central bank stepped in to support the local currency but dealers said on Friday they remained bearish about the shilling's prospects. The shilling slid to an eight-month low on Thursday a

Published 21 Sep, 2008 12:00am

South Korean won up

The South Korean won gained against the dollar on Friday as hopes for wide-ranging steps from authorities to solve the US financial crisis eased worries about the credit crunch, bolstering global stocks. But the won had its worst week in over four months

Published 21 Sep, 2008 12:00am

Canadian dollar up

The Canadian dollar rose to its highest point in three weeks against the US dollar on Friday, gaining support from rallying commodity prices on the back of plans for a comprehensive package to sop up the toxic debt that has been clogging US financial and

Published 21 Sep, 2008 12:00am

Turbulence injures 11 on China Airlines flight

At least 11 people were hurt, some suffering broken necks and other fractures, after a plane operated by China Airlines hit turbulence near the Indonesian island of Bali on Saturday, an official said. The Boeing 747-400 was hit by turbulence about 30 minu

Published 21 Sep, 2008 12:00am

German anti-Islam rally cancelled after clashes

German police cancelled an anti-Islamic congress planned for Saturday in Cologne after leftist opponents of the rally clashed with its right-wing backers. The group Pro-Cologne called the rally to oppose a decision by local authorities in Cologne, Germany

Published 21 Sep, 2008 12:00am

Belarus tells West recognise vote, or no talks

Belarus will cease all dialogue with Western countries if they fail to recognise the ex-Soviet state's parliamentary election, President Alexander Lukashenko said on Saturday. Lukashenko has staked his hopes on the September 28 vote as a way to improve ti

Published 21 Sep, 2008 12:00am

Nato provoked Georgia conflict: Russia

Russian President Dmitry Medvedev on Friday accused Nato of provoking the conflict with Georgia but he said strains with the West did not mean Russia planned to isolate itself behind a new Iron Curtain. Medvedev was speaking a day after US Secretary of St

Published 21 Sep, 2008 12:00am

'All crimes in history' summarised in Israel, says Ahmadinejad

Iranian President Mahmoud Ahmadinejad on Saturday continued his tirades against Israel by saying that "all crimes and criminals in history" were summarised in the Israeli regime. "The Zionist (Israeli) regime's spirit is the summation of all ugliness in t

Published 21 Sep, 2008 12:00am

Obama, McCain point fingers as crisis swirls

The White House contenders played the blame game Saturday as the US government readied an astronomically expensive rescue package to avert disaster on Wall Street. Democrat Barack Obama prepared to flay Republican John McCain's support for privatising Soc

Published 21 Sep, 2008 12:00am

Thai floods leave 14 dead

Floods across much of Thailand have left 14 people dead and more than 50,000 sick from disease borne water the past 10 days, a department of public health official said Saturday. Permanent Secretary for Public Health Praj Boonyawongvirot said most of the

Published 21 Sep, 2008 12:00am

Indian floods, rain kill 23

Thousands were evacuated and at least seven people swept away in eastern Orissa state after four rivers burst their banks and inundated scores of villages, officials said Saturday. "Our present focus is on evacuation of people. Thousands have been shifted

Published 21 Sep, 2008 12:00am

Pentagon, Lockheed rebut F-35 fighter jet critics

The Pentagon and Lockheed Martin Corp, its largest supplier, sought on Friday to shoot down criticism of their $299 billion F-35 Joint Strike Fighter program, the costliest planned US arms buy ever.

Published 21 Sep, 2008 12:00am

China orders checks, recalls as milk scandal widens

China ordered widespread checks on dairy products and a recall of tainted items as a scandal that began with powdered baby formula and spread to milk sparked an outcry from China's trading partners.

Published 21 Sep, 2008 12:00am

US historian sentenced for stealing Lincoln letter

A US historian who pleaded guilty to stealing letters written by former US Presidents George Washington and Abraham Lincoln was sentenced to 18 months in prison on Friday. Edward Renehan, 52, pleaded guilty in May to one count of interstate transportation

Published 21 Sep, 2008 12:00am

Karzai to discuss casualties with Bush

Afghan President Hamid Karzai will work with US President George W. Bush at a meeting later this month to find ways to reduce civilian casualties, the foreign minister said on Saturday. Many in Afghanistan are angry over an increase in civilian casualties

Published 21 Sep, 2008 12:00am

Chopra puts personal strife behind him to sink Middlesbrough

Sunderland striker Michael Chopra made amends for a miserable start to the season as his double-strike clinched a 2-0 victory over Middlesbrough on Saturday. Chopra missed the first three matches of the campaign through suspension after being sent off in

Published 21 Sep, 2008 12:00am

PEL Ramazan Soccer Cup 2008

Team sports play an important part in the physical and social development of children while the diversity of initiatives such as First Ramzanul Mubarak PEL Soccer Cup Flood-lit Football Tournament 2008 will help encourage young children in physical educat

Published 21 Sep, 2008 12:00am

Asif's lawyer upset over doping hearing delays

The lawyer for suspended Pakistan fast bowler Mohammad Asif has asked for his appeal against a positive doping test to be set for the earliest possible date. Asif tested positive for the banned steroid nandrolone during a domestic Twenty20 competition in

Published 21 Sep, 2008 12:00am

Federer gives Switzerland 2-0 lead, Britain tied

World number two Roger Federer recovered from a shaky start to see off Kristof Vliegen and hand Switzerland a 2-0 lead over Belgium in their Davis Cup playoff tie on Friday. The US Open champion was forced to a tie-break in the first set and went 3-0 down

Published 21 Sep, 2008 12:00am

PSF unveils ambitious plan to produce world champ in 3 years

Pakistan Squash Federation (PSF) on Friday evening unveiled an ambitious plan to produce a world champion within next three years under its Vision 2011. Details of the plan were announced at PAF Museum by Senior Vice President of PSF Air Vice Marshal Asim

Published 21 Sep, 2008 12:00am

Safina sets up Kuznetsova final in Tokyo

Dinara Safina and Svetlana Kuznetsova muscled their way to straight-set wins on Saturday to set up an all-Russian final at the Pan Pacific Open. Fourth seed Safina crushed compatriot Nadia Petrova 6-1 6-0 after the fifth-seeded Kuznetsova had beaten Slove

Published 21 Sep, 2008 12:00am

Younis will turn down Twenty20 league

Pakistan batsman Younis Khan will skip the inaugural Twenty20 Champions League tournament to concentrate on playing first class cricket in Australia. The tournament, to be held December 3-10 with $6 million in prize money will feature two teams from each

Published 21 Sep, 2008 12:00am

Gates warns Europe it has gone too far in de-militarising

US Defence Secretary Robert Gates warned Europe late on Friday that it had gone too far in de-militarising and should rebuild its defences at a time of uncertainty over Russia's intentions. Gates delivered the warning in a major policy speech at Blenheim

Published 21 Sep, 2008 12:00am

Major powers end Iran talks with no firm plan

Major powers haggled on Friday over a fourth round of UN sanctions against Iran to curb its nuclear program, but ended with no firm commitments amid Russian and Chinese resistance to more punitive measures.

Published 21 Sep, 2008 12:00am

Olmert set to resign today

Israeli Prime Minister Ehud Olmert will resign on Sunday in the wake of Foreign Minister Tzipi Livni's victory in a Kadima party leadership election, Olmert's spokesman said on Saturday. Olmert planned to announce the decision at Sunday's weekly cabinet m

Published 21 Sep, 2008 12:00am

Brown faces struggle at party conference

British Prime Minister Gordon Brown is facing the political fight of his life as his Labour Party gathers for its annual conference this weekend with several lawmakers openly calling for a new leader.

Published 21 Sep, 2008 12:00am

Punjab local government bodies by-polls in two weeks: ECP

Election Commission of Pakistan (ECP) Secretary Kanwar Muhammad Dilshad presiding over a meeting in the office of Punjab Election Commissioner here on Saturday said that the Chief Election Commissioner has directed for by-elections to three tiers of local

Published 21 Sep, 2008 12:00am

Local government bye-elections soon: ECP

Secretary, Election Commission of Pakistan (ECP), Kanwar Muhammad Dilshad on Saturday said that bye-elections to the three tier of local government institutions will be conducted within couple of weeks. Presiding over a meeting in the office of the provin

Published 21 Sep, 2008 12:00am

Strong political structure suggested for serious national issues

People from various lifestyles have stressed the need of developing a strong political structure and common approach on burning national and international issues in the country. They are fully aware of the fact that presently country was confronting with

Published 21 Sep, 2008 12:00am

Mixed reaction on Zardari's address to parliament

People belonging to various walks of life have expressed their mixed reaction on address of President Asif Ali Zardari to the parliament and termed it a balanced speech in Sialkot, Daska, Pasrur and Sambrial tehsils of Sialkot district.

Published 21 Sep, 2008 12:00am

Arrangements for Youm-e-Ali finalised

Taluka Nazim, Sukkur Muhammad Naeem Siddiqui on Saturday directed the works and services, electrical, building and road development departments to make special arrangements for Youm-e-Ali. He also directed Sukur town and Taluka Administration to ensure th

Published 21 Sep, 2008 12:00am

Urea dealer fined for overcharging

On the instructions of Punjab Government, DDOR (Sadar)/Special Price Magistrate Ms Kiran Khursheed conducted raids at Chak No 38/J.B. Dagora and caught Ali Akhtar fertiliser dealer red-handed and found guilty of over charging for the bag of urea fertilise

Published 21 Sep, 2008 12:00am

Hong Kong designer sees upside in 'made in China' label

It's not usually seen conferring cachet in international fashion, but for up-and-coming Hong Kong designer Dorian Ho the "Made in China" label is an asset that he hopes will establish him as a global name. Tapping into the popularity of Western-style wedd

Published 21 Sep, 2008 12:00am

New York's top restaurants plagued by tip trouble

Seasoned travellers know that waiters in the United States expect tips of 15 to 20 percent -- $60 on a $300 dinner for two at one of New York's top restaurants. What is less well known is that the money doesn't all go to the waiters and more lowly staff.

Published 21 Sep, 2008 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 8	277.83
USD PKR Interbank Buying / Nov 8	277.63
USD to Japanese Yen / Nov 8	152.75
USD to Swiss Franc / Nov 8	0.87
Pound Sterling to USD / Nov 8	1.30
Euro to USD / Nov 8	1.08

Stock	Volume
S&P 500 / Nov 7	5,973.10
Nasdaq / Nov 7	19,269.46
Dow Jones / Nov 7	43,729.34
India Sensex / Nov 8	79,425.88
Tokyo Nikkei / Nov 8	39,500.37
Hang Seng / Nov 8	20,820.36
FTSE 100 / Nov 8	8,143.78
Germany DAX 30 / Nov 8	19,353.61

Item	Value
Petrol/Litre / Nov 8	248.38
Crude Oil USD/Barrel / Nov 8	71.72
Karachi Cotton PKR/37.32 KG / Nov 8	18,285
Gold 10 Grams PKR / Nov 8	239,026
Gold Spot USD/Ounce / Nov 8	2,685.16
Diesel/Litre / Nov 8	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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