News Archives for Print - 2008-11-09

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am

Clampdown on foreign exchange firms: FIA nabs four for illegal trading of dollars

At least four money changers, including a CEO of a leading company, were arrested on Saturday by Federal Investigation Agency (FIA) on directives of Interior Ministry to start raiding suspected exchange companies, to curb cross-border smuggling of dollars

Published 09 Nov, 2008 12:00am

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am

''Power generation projects reactivated on war footing basis''

Federal Minister for Water and Power Parvez Ashraf said here on Saturday that the Executive Committee of the National Economic Council (Ecnec) has approved Rs 17 billion for widening the Karakoram Highway (KKH) to facilitate timely completion of Bhasha Da

Published 09 Nov, 2008 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am

'Power generation projects reactivated on war footing basis'

Federal Minister for Water and Power Parvez Ashraf said here on Saturday that the Executive Committee of the National Economic Council (Ecnec) has approved Rs 17 billion for widening the Karakoram Highway (KKH) to facilitate timely completion of Bhasha Da

Published 09 Nov, 2008 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am

'Power generation projects reactivated on war footing basis'

Federal Minister for Water and Power Parvez Ashraf said here on Saturday that the Executive Committee of the National Economic Council (Ecnec) has approved Rs 17 billion for widening the Karakoram Highway (KKH) to facilitate timely completion of Bhasha Da

Published 09 Nov, 2008 12:00am

THE RUPEE: 10 paisa fall on interbank market

As a result of positive measures taken by the government, bullish trend was seen on the interbank market on Saturday as the rupee gained 10 paisa against the dollar for buying and selling at 81.10 and 81.15, moneychangers said. The rupee was able to gain

Published 09 Nov, 2008 12:00am

Brazil calls for overhaul of global finance

Brazil''s president called on Saturday for an overhaul of the global finance system which "collapsed like a house of cards" in the credit crisis and demanded a seat at the top table for emerging economies. In the United States, President-elect Barack Obam

Published 09 Nov, 2008 12:00am

THE RUPEE: 10 paisa fall on interbank market

As a result of positive measures taken by the government, bullish trend was seen on the interbank market on Saturday as the rupee gained 10 paisa against the dollar for buying and selling at 81.10 and 81.15, moneychangers said. The rupee was able to gain

Published 09 Nov, 2008 12:00am

Brazil calls for overhaul of global finance

Brazil's president called on Saturday for an overhaul of the global finance system which "collapsed like a house of cards" in the credit crisis and demanded a seat at the top table for emerging economies. In the United States, President-elect Barack Obama

Published 09 Nov, 2008 12:00am

Poultry rates

Wholesale poultry rates on Saturday (November 08, 2008) and for Sunday (November 09, 2008).

Published 09 Nov, 2008 12:00am

Brazil calls for overhaul of global finance

Brazil's president called on Saturday for an overhaul of the global finance system which "collapsed like a house of cards" in the credit crisis and demanded a seat at the top table for emerging economies. In the United States, President-elect Barack Obama

Published 09 Nov, 2008 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from November 10, 2008.

Published 09 Nov, 2008 12:00am

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from November 10, 2008.

Published 09 Nov, 2008 12:00am

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from November 10, 2008.

Published 09 Nov, 2008 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (November 08, 2008).

Published 09 Nov, 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 09 Nov, 2008 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (November 08, 2008).

Published 09 Nov, 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 (November 08, 2008).

Published 09 Nov, 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 (November 08, 2008).

Published 09 Nov, 2008 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Saturday (November 08, 2008).

Published 09 Nov, 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 (November 08, 2008).

Published 09 Nov, 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 (November 08, 2008).

Published 09 Nov, 2008 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (November 08, 2008).

Published 09 Nov, 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 09 Nov, 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 09 Nov, 2008 12:00am

Karachi interbank rates

Karachi interbank rates on Saturday (November 08, 2008).

Published 09 Nov, 2008 12:00am

Russia exported 2.43 million tonnes wheat in September

Russia exported 2.43 million tonnes of wheat in September to countries outside the CIS, over 40 percent of the year-to-date total, as shipments continued rising after the removal of a prohibitive export tariff in July.

Published 09 Nov, 2008 12:00am

Steady conditions prevail on cotton market

Moderate trading was again witnessed on the cotton market on Saturday as mills made forward buying to meet the immediate requirements, dealers said. The official spot rate was unchanged Rs 3200, they said. Phutti prices in Sindh and Punjab were at Rs 1550

Published 09 Nov, 2008 12:00am

Kirana items mixed on Jodia Bazaar

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

Published 09 Nov, 2008 12:00am

Rapeseed, wheat prices higher on grain market

Wheat and seeds items were higher on the grain market on Saturday as most of the buyers were interested in more buying of said commodities, dealers said. Commenting on the upward trend in the wheat prices, they said that because of conflicting reports abo

Published 09 Nov, 2008 12:00am

KCBT wheat futures close higher

Hard red winter wheat futures on the Kansas City Board of Trade ended higher on Friday, closing out a choppy, two-sided session that saw wheat impacted by choppy outside markets and bearish fundamental factors. The KCBT December contract closed up 5 cents

Published 09 Nov, 2008 12:00am

US wheat futures end mixed

Wheat futures closed mixed at the three US exchanges on Friday as traders adjusted positions ahead the November crop report from the US Agriculture Department on Monday, traders said. Chicago Board of Trade wheat ended mostly lower after a choppy session;

Published 09 Nov, 2008 12:00am

US Midwest corn mostly higher

Spot corn basis bids were mostly higher on Friday amid slow farmer selling, demand from ethanol makers and as barge freight eased, grain merchants said. Soyabean basis bids were steady to higher, with river bids in Illinois and Iowa rising 12 to 16 cents

Published 09 Nov, 2008 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 135,739 tonnes of cargo including 70,202 tonnes of import, 65,537 tonnes of export cargo and 4,510 loaded and empty containers (TEUs) during last 24 hours ending at 0700 hours on Saturday.

Published 09 Nov, 2008 12:00am

Canadian canola futures higher

ICE Canadian canola futures closed higher on Friday, taking strength from stronger soybean futures on the Chicago Board of Trade. January canola closed up $2.10 per tonne at $429.70. There was little fresh news to drive pricing, though the Canadian dollar

Published 09 Nov, 2008 12:00am

US corn futures modestly lower

US corn futures on the Chicago Board of Trade closed modestly lower on Friday in choppy trade ahead of a monthly US government report next week that is expected to show a larger corn crop, traders said. CBOT December corn settled 2-1/2 cents lower at $3.7

Published 09 Nov, 2008 12:00am

Indonesian cocoa prices rise 12 percent

Indonesian cocoa prices jumped more than 12 percent on Friday from its weakest in 11 months hit last week as the rupiah dropped and supplies tightened after floods struck plantations in the growing island of Sulawesi.

Published 09 Nov, 2008 12:00am

US wheat extends losses

US wheat futures extended losses on Friday after a sharp decline in the previous session on fears of a global recession and weakening demand for commodities. Chicago Board of Trade December wheat fell 0.50 cent to $5.22 per bushel by 0030 GMT, while corn

Published 09 Nov, 2008 12:00am

Thai government to buy 150,000 tonnes of palm oil to help prices

The Thai government plans to buy 150,000 tonnes of crude palm oil from crushers in a bid to shore up the price of palm fruit bought from farmers, its commerce minister said on Friday. "The plan is due to be kicked off very soon," Chaiya Sasomsab told Reut

Published 09 Nov, 2008 12:00am

International commodity prices end mixed on rising recession fears

Commodity prices saw mixed fortunes this week, with crude oil falling in value and metals switching between losses and gains on world markets as recession fears intensified.

Published 09 Nov, 2008 12:00am

World market price for upland cotton

The US Agriculture Department set the prevailing world market price for upland cotton at 38.77 cents per pound, effective through November 13. The price is adjusted to US quality and location for Strict Low Middling, 1-1/16 inch upland cotton.

Published 09 Nov, 2008 12:00am

Asian grains: competitive offers wheat buyers' appetite

Spurred by new crop arrivals and the removal of an export ban, Asian grain buyers are rushing to seal deals for Indian corn and soymeal, and Australian wheat, as suppliers offer competitive prices to trim bulging stocks.

Published 09 Nov, 2008 12:00am

Malaysia October palm oil stocks may exceed two million tonnes

Malaysia's October palm oil inventory could exceed 2 million tonnes, on the back of higher production, Commodities Minister Peter Chin said on Friday. Palm oil stocks probably rose 4.1 percent to a near-record level of 2.03 million tonnes as production po

Published 09 Nov, 2008 12:00am

Argentine sugar mills cautious over ethanol law

A law requiring the use of ethanol in gasoline could boost Argentina's sugar harvest, but some mills are reluctant to invest in expansion because the law does not specify a price for the fuel on the domestic market. Argentina's rising sugar output could g

Published 09 Nov, 2008 12:00am

US rice futures fall third straight day

US rough rice futures on the Chicago Board of Trade fell for a third straight day on Friday, hitting a 10-day low in thin trade, traders said. Outlooks for bigger world rice supplies and weaker Asian markets are sparking speculators to liquidate long posi

Published 09 Nov, 2008 12:00am

US gold up

New York gold futures ended slightly higher in mixed trade on Friday as the dollar weakened after a government report showed US job losses were worse than expected in October. December settled up $2.00 at $734.20 an ounce on the COMEX division of the New

Published 09 Nov, 2008 12:00am

US soya futures rise

US soybean futures on the Chicago Board of Trade closed higher on Friday on a short-covering bounce before USDA's Monday crop report, spurred by a weaker dollar and strong exports, traders said. November soybeans ended 12-1/4 cents higher at $9.11-3/4 a b

Published 09 Nov, 2008 12:00am

New York cotton breaks down to settle near 3-3/4-year low

Cotton futures ended the week near its latest 3-3/4-year low after breaking below several technical support targets when a dismal reading of the US labour market gave investors little reason to hang onto fibber futures, brokers said. They added that antic

Published 09 Nov, 2008 12:00am

Gloomy economy to keep USDA cutting cotton outlook

Despite the US Department of Agriculture's sizeable cuts in nearly all cotton categories last month, analysts said, its estimates in the November supply/demand report will likely show the trimming continues as the full impact of global economic slowing is

Published 09 Nov, 2008 12:00am

India may resume trade in four commodities futures

India may resume futures trade in four suspended agricultural commodities from December as prices soften, while a decision would be delayed on four others, an official with the commodity futures regulator said on Saturday. In May, the federal government b

Published 09 Nov, 2008 12:00am

World Bank approves $109 million loan for Bangladesh

Bangladesh will get a $109 million loan from the World Bank for efforts to repair infrastructure and restore the livelihoods for thousands of families affected by last year's cyclone Sidr, the bank said on Saturday. The cyclone caused extensive damage to

Published 09 Nov, 2008 12:00am

Swiss bank bonuses were 'partially perverted': Finance Minister

Big Swiss banks must introduce a new salary system as the basic idea of paying bonuses became "partially perverted", Finance Minister Hans-Rudolf Merz said in an interview published on Saturday. In a second interview, Merz said he wanted clear answers thi

Published 09 Nov, 2008 12:00am

UK ministers considering emergency tax cuts

British ministers and treasury officials are considering an emergency package of tax cuts and public spending, the Financial Times reported on Saturday, but a government spokesman termed it mere speculation. The newspaper, which did not cite any sources f

Published 09 Nov, 2008 12:00am

Regulators seize Franklin Bank, Security Pacific

US regulators on Friday seized Franklin Bank SSB, a Houston-based community bank, and Security Pacific Bank, a small Los Angeles-based bank, as slumping home prices and the worsening economic crisis take an increasing toll.

Published 09 Nov, 2008 12:00am

US insurers can seek thrift charter to get government cash

US insurance companies trying to get access to government funding can apply for a bank or thrift charter at the same time as they apply for a cash infusion under the US government's $700 billion financial services rescue package, two sources briefed on th

Published 09 Nov, 2008 12:00am

British car dealer in two-for-one offer

A British car dealer has found one way around the looming recession by offering a buy-one-get-one-free offer on new cars, a report said Saturday. Online car broker Broadspeed.com, based in Colchester near London, offered customers two Dodge Avenger SXT sa

Published 09 Nov, 2008 12:00am

Saudi Arabia may delay Total joint venture refinery

French oil major Total's $12-billion joint venture with Saudi Aramco could face a delay as the two firms seek to cut costs, Gulf newspaper al-Hayat reported on Saturday, quoting unidentified sources. The two firms said in June they would award all the pac

Published 09 Nov, 2008 12:00am

Opec says Oran meeting must verify output cuts

Opec's next meeting must confirm that members have made all the oil output reductions they promised before taking any more action on output levels to prop up sagging prices, Opec President Chakib Khelil said on Saturday. "We will discuss another cut, what

Published 09 Nov, 2008 12:00am

Eastern European car boom is probably over: General Motors

A downturn in car demand will probably spill over into eastern Europe, which has been a stronger growth area than western Europe, GM Europe President Carl-Peter Forster said in a trade press interview. "This area used to be a growth area, but not any more

Published 09 Nov, 2008 12:00am

General Motors and Ford losses, liquidity crunch severe

General Motors Corp and Ford Motor Co reported far deeper-than-expected quarterly losses on Friday and said their rate of cash burn had accelerated, as an extended slump in car sales raised questions about the future of the US auto industry.

Published 09 Nov, 2008 12:00am

General Motors and Ford losses, liquidity crunch severe

General Motors Corp and Ford Motor Co reported far deeper-than-expected quarterly losses on Friday and said their rate of cash burn had accelerated, as an extended slump in car sales raised questions about the future of the US auto industry.

Published 09 Nov, 2008 12:00am

Turkey disagrees with IMF on spending: deputy Prime Minister

A new loan deal between Turkey and the International Monetary Fund is in doubt because of a disagreement over the level of municipality spending, Deputy Prime Minister Nazim Ekren said on Saturday. The IMF and Turkey are expected to hold further talks dur

Published 09 Nov, 2008 12:00am

German 'wise men' forecast no growth in 2009

The German government's council of economic advisers will forecast zero growth for 2009, Der Spiegel news magazine reported on Saturday. In an autumn forecast to be published on Wednesday, the five-member panel, also known as the "wise men", will also pre

Published 09 Nov, 2008 12:00am

China export hub to spend more

China's export hub, the Guandong province, is set for a sharp slowdown this year under the weight of the global financial crisis, prompting its government to boost public investment, a Hong Kong newspaper said on Saturday.

Published 09 Nov, 2008 12:00am

China to boost government investment

China will boost government investment next year to lift the country's slackening economic growth, the chief economist of the National Bureau of Statistics was quoted as saying on Saturday. Higher spending aims to lift public confidence in the face of tou

Published 09 Nov, 2008 12:00am

Taiwan dollar ends flat

The Taiwan dollar ended nearly flat on Friday, as foreign fund inflows and local stock gains were squared off after foreign investors went on their biggest selling spree in Taiwan stocks this week. The Taiwan dollar finished at T$32.824 against the US dol

Published 09 Nov, 2008 12:00am

Canadian dollar ends week

The Canadian dollar ended higher on Friday and snapped a two-session losing skid after data showed the Canadian economy unexpectedly added jobs in October, although many of the jobs were special hires for the October 14 federal election.

Published 09 Nov, 2008 12:00am

Dollar retreats versus euro

The dollar dipped against most major currencies on Friday after data showed US employers cut 240,000 jobs last month, pushing the jobless rate to a 14-year high and adding more dark clouds to a gloomy economic horizon.

Published 09 Nov, 2008 12:00am

Indonesian bank says can meet 2008 inflation target

Indonesia should be able to achieve its year-end inflation target of 11.5-12.5 percent, Central Bank Governor Boediono said on Friday, after a decline in October's annual inflation and helped by cuts in subsidised gasoline prices. The annual inflation eas

Published 09 Nov, 2008 12:00am

Mexican peso firms sharply

Mexico's peso firmed sharply on Friday and stocks jumped amid a rebound in emerging market assets following a steep sell-off this week on worries about the deteriorating global economy. The benchmark IPC stock index rose 2.58 percent to 20,157 points, fol

Published 09 Nov, 2008 12:00am

IMM speculators slash US dollar bets

Currency speculators pared their bets in favour of the US dollar in the latest week, data from the Commodity Futures Trading Commission showed on Friday. The value of the US dollar's net long position were cut to $5.51 billion in the week ended November 4

Published 09 Nov, 2008 12:00am

Kenyan shilling unchanged

The Kenya shilling was stable versus the dollar on Friday and dealers expect it to trade in a range in the coming week. At 1000 GMT, commercial banks traded the unit at 76.25/35 unchanged from Wednesday's close. Markets were closed on Thursday as the coun

Published 09 Nov, 2008 12:00am

South Korean won edges up

The South Korean won rose slightly against the dollar on Friday as dealers said foreign exchange authorities sold dollars for the local currency and after the central bank cut interest rates. The won found support from exporters' demand for settlements an

Published 09 Nov, 2008 12:00am

Indian bond cash conditions improve

Indian federal bond yields extended their retreat from two-week highs on Friday, buoyed by easy cash conditions and a fall in oil prices to 1-1/2 year lows that eased some concerns about inflation still being in double digits. At 9:47 am (0417 GMT).

Published 09 Nov, 2008 12:00am

Indian bond cash conditions improve

Indian federal bond yields extended their retreat from two-week highs on Friday, buoyed by easy cash conditions and a fall in oil prices to 1-1/2 year lows that eased some concerns about inflation still being in double digits. At 9:47 am (0417 GMT).

Published 09 Nov, 2008 12:00am

Mexico stocks amid global rally

Mexico's stocks rose on Friday and a global rebound on investor's relief that dismal US employment data wasn't as bad as pessimists had feared. The benchmark IPC stock index gained 1.28 percent to 19,902 points, following two days of heavy losses.

Published 09 Nov, 2008 12:00am

US corporate bonds: spreads steady to tighter

Credit bond spreads were steady to tighter on Friday as auto bonds weakened after General Motors Corp and Ford Motor Co reported quarterly losses that were worse than expected. Overall corporate bond spreads were tighter, while the main index of investmen

Published 09 Nov, 2008 12:00am

US corporate bonds: spreads steady to tighter

Credit bond spreads were steady to tighter on Friday as auto bonds weakened after General Motors Corp and Ford Motor Co reported quarterly losses that were worse than expected. Overall corporate bond spreads were tighter, while the main index of investmen

Published 09 Nov, 2008 12:00am

US Treasury debt prices fall

US Treasury debt prices fell on Friday after October jobs data that was dismal but not as dire as pessimists had feared, with firmness in the stock market also taking the shine off safe-haven government bonds. Investors had already priced into bonds their

Published 09 Nov, 2008 12:00am

US Treasury debt prices fall

US Treasury debt prices fell on Friday after October jobs data that was dismal but not as dire as pessimists had feared, with firmness in the stock market also taking the shine off safe-haven government bonds. Investors had already priced into bonds their

Published 09 Nov, 2008 12:00am

South Korea treasury bonds slip

South Korean government bond prices fell sharply on Friday as the central bank delivered only a modest interest rate cut and indicated it preferred to boost liquidity to resolve the credit crunch. With the central bank pledging to inject cash to the marke

Published 09 Nov, 2008 12:00am

South Korea treasury bonds slip

South Korean government bond prices fell sharply on Friday as the central bank delivered only a modest interest rate cut and indicated it preferred to boost liquidity to resolve the credit crunch. With the central bank pledging to inject cash to the marke

Published 09 Nov, 2008 12:00am

China bond yields fall

China's bond yields fell on Friday ahead of inflation and other economic data next week while bill yields tumbled due to expectations the central bank will boost money market liquidity in coming months. But onshore interest rate swaps bucked the trend wit

Published 09 Nov, 2008 12:00am

China bond yields fall

China's bond yields fell on Friday ahead of inflation and other economic data next week while bill yields tumbled due to expectations the central bank will boost money market liquidity in coming months. But onshore interest rate swaps bucked the trend wit

Published 09 Nov, 2008 12:00am

Canadian bond prices reverse losses

Canadian bond prices reversed early losses on Friday after the jobs data and finished flat to higher across the curve as nagging concerns about a global recession convinced dealers to grab hold of more secure government debt ahead of the weekend.

Published 09 Nov, 2008 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 6	277.92
USD PKR Interbank Buying / Nov 6	277.72
USD to Japanese Yen / Nov 6	153.43
USD to Swiss Franc / Nov 6	0.87
Pound Sterling to USD / Nov 6	1.29
Euro to USD / Nov 6	1.08

Stock	Volume
S&P 500 / Nov 5	5,782.76
Nasdaq / Nov 5	18,439.17
Dow Jones / Nov 5	41,221.88
India Sensex / Nov 6	79,841.86
Tokyo Nikkei / Nov 6	39,303.01
Hang Seng / Nov 6	20,407.15
FTSE 100 / Nov 6	8,284.30
Germany DAX 30 / Nov 6	19,412.80

Item	Value
Gold 10 Grams PKR / Nov 5	242,798
Petrol/Litre / Nov 6	248.38
Crude Oil USD/Barrel / Nov 6	71.12
Karachi Cotton PKR/37.32 KG / Nov 6	18,285
Gold Spot USD/Ounce / Nov 6	2,742.04
Diesel/Litre / Nov 6	255.14

Stock	Price
786 Invest Ltd / Nov 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 6 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 6 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 6 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 6 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 6 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 6 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 6 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 6 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 6 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 6 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 6 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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