News Archives for Print - 2008-11-25

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

Negative posture at LSE

Bearish sentiments prevailed on the Lahore Stock Exchange on Monday and equities registered declines amid highly reduced trading turnover in the absence of buying support. The LSE-25 index marginally declined by 1.74 points to close at 2823.62 against las

Published 25 Nov, 2008 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

Negative posture at LSE

Bearish sentiments prevailed on the Lahore Stock Exchange on Monday and equities registered declines amid highly reduced trading turnover in the absence of buying support. The LSE-25 index marginally declined by 1.74 points to close at 2823.62 against las

Published 25 Nov, 2008 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

SECP detects 95 cases of illegal insurance surveyors

The Securities and Exchange Commission of Pakistan (SECP) has detected as many as 95 applicants apparently registered who were issued certificates illegally during the period from August 20, 2000 to August 2005 to act as insurance surveyors retrospectivel

Published 25 Nov, 2008 12:00am

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

BRIndex30 at standstill

On Monday, BRIndex30 remained unchanged throughout the trading time. It opened at 8,995.65 and closed at 8,995.65. Volume was 500 as against 146,700 recorded by KSE-All Share and 100 recorded by KSE-100 Indices. BR Cement Index closed at 896.59 with a net

Published 25 Nov, 2008 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

BRIndex30 at standstill

On Monday, BRIndex30 remained unchanged throughout the trading time. It opened at 8,995.65 and closed at 8,995.65. Volume was 500 as against 146,700 recorded by KSE-All Share and 100 recorded by KSE-100 Indices. BR Cement Index closed at 896.59 with a net

Published 25 Nov, 2008 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

KSE index remains unchanged

The benchmark KSE-100 index once again remained unchanged at 9,187.10 points level as the investors opted to remain at the sidelines over the uncertainty on removal of floor. Some activity however was witnessed in the second tier stocks, that supported th

Published 25 Nov, 2008 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

KSE index remains unchanged

The benchmark KSE-100 index once again remained unchanged at 9,187.10 points level as the investors opted to remain at the sidelines over the uncertainty on removal of floor. Some activity however was witnessed in the second tier stocks, that supported th

Published 25 Nov, 2008 12:00am

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

KSE index remains unchanged

The benchmark KSE-100 index once again remained unchanged at 9,187.10 points level as the investors opted to remain at the sidelines over the uncertainty on removal of floor. Some activity however was witnessed in the second tier stocks, that supported th

Published 25 Nov, 2008 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

Zardari, Khalifa discuss strategic, trade partnership

President Asif Ali Zardari and President Sheikh Khalifa bin Zayed al Nahyan of the United Arab Emirates on Monday expressed their resolve to upgrade and further strengthen their existing bilateral ties, particularly in trade and economic fields for the mu

Published 25 Nov, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

Zardari, Khalifa discuss strategic, trade partnership

President Asif Ali Zardari and President Sheikh Khalifa bin Zayed al Nahyan of the United Arab Emirates on Monday expressed their resolve to upgrade and further strengthen their existing bilateral ties, particularly in trade and economic fields for the mu

Published 25 Nov, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

Zardari, Khalifa discuss strategic, trade partnership

President Asif Ali Zardari and President Sheikh Khalifa bin Zayed al Nahyan of the United Arab Emirates on Monday expressed their resolve to upgrade and further strengthen their existing bilateral ties, particularly in trade and economic fields for the mu

Published 25 Nov, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

Acquisition of NIB right shares: Country receives $97.5 million from Temasek Singapore

Country has received some $97.5 million sent by "Temasek Singapore" for acquisition of NIB Bank''''s right shares under its plan to raise a paid-up capital of the bank up to Rs 40 billion, banking sources told Business Recorder on Monday.

Published 25 Nov, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

Acquisition of NIB right shares: Country receives $97.5 million from Temasek Singapore

Country has received some $97.5 million sent by "Temasek Singapore" for acquisition of NIB Bank''s right shares under its plan to raise a paid-up capital of the bank up to Rs 40 billion, banking sources told Business Recorder on Monday.

Published 25 Nov, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

Acquisition of NIB right shares: Country receives $97.5 million from Temasek Singapore

Country has received some $97.5 million sent by "Temasek Singapore" for acquisition of NIB Bank's right shares under its plan to raise a paid-up capital of the bank up to Rs 40 billion, banking sources told Business Recorder on Monday.

Published 25 Nov, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

Acquisition of NIB right shares: Country receives $97.5 million from Temasek Singapore

Country has received some $97.5 million sent by "Temasek Singapore" for acquisition of NIB Bank's right shares under its plan to raise a paid-up capital of the bank up to Rs 40 billion, banking sources told Business Recorder on Monday.

Published 25 Nov, 2008 12:00am

Open market rates of foreign currencies

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

Published 25 Nov, 2008 12:00am

Passco sanctioned Rs 28 billion to buy one million tonnes rice

The Finance Ministry has approved Rs 28 billion for procurement of one million tonnes of rice by Pakistan Agriculture Storage and Services Corporation (Passco) from the rice mill owners, well-placed sources told Business Recorder here on Monday. Ac

Published 25 Nov, 2008 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

Passco sanctioned Rs 28 billion to buy one million tonnes rice

The Finance Ministry has approved Rs 28 billion for procurement of one million tonnes of rice by Pakistan Agriculture Storage and Services Corporation (Passco) from the rice mill owners, well-placed sources told Business Recorder here on Monday. Ac

Published 25 Nov, 2008 12:00am

Spot dollar rates

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

Published 25 Nov, 2008 12:00am

Passco sanctioned Rs 28 billion to buy one million tonnes rice

The Finance Ministry has approved Rs 28 billion for procurement of one million tonnes of rice by Pakistan Agriculture Storage and Services Corporation (Passco) from the rice mill owners, well-placed sources told Business Recorder here on Monday. Ac

Published 25 Nov, 2008 12:00am

Money Market Report

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

Published 25 Nov, 2008 12:00am

MCB, NBP, UBL and HBL support ratings affirmed at ''5'': Fitch release on Pakistani banks

The Individual ratings of these banks reflect their modest balance sheet strength in an international context, and generally good profitability. The ratings also factor the very volatile operating environment in Pakistan, which poses significant challenge

Published 25 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 Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

MCB, NBP, UBL and HBL support ratings affirmed at '5': Fitch release on Pakistani banks

The Individual ratings of these banks reflect their modest balance sheet strength in an international context, and generally good profitability. The ratings also factor the very volatile operating environment in Pakistan, which poses significant challenge

Published 25 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 Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

MCB, NBP, UBL and HBL support ratings affirmed at '5': Fitch release on Pakistani banks

The Individual ratings of these banks reflect their modest balance sheet strength in an international context, and generally good profitability. The ratings also factor the very volatile operating environment in Pakistan, which poses significant challenge

Published 25 Nov, 2008 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

Prevalent prices: TCP allowed to supply 19,400 tons of sugar to armed forces

Prime Minister Syed Yousuf Raza Gilani has allowed the Trading Corporation of Pakistan to supply 19,400 tons of sugar to Army and Air Force on prevalent prices, official sources told Business Recorder.

Published 25 Nov, 2008 12:00am

LIBOR calculating interest on US dollar

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

Published 25 Nov, 2008 12:00am

Prevalent prices: TCP allowed to supply 19,400 tons of sugar to armed forces

Prime Minister Syed Yousuf Raza Gilani has allowed the Trading Corporation of Pakistan to supply 19,400 tons of sugar to Army and Air Force on prevalent prices, official sources told Business Recorder.

Published 25 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 Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

Prevalent prices: TCP allowed to supply 19,400 tons of sugar to armed forces

Prime Minister Syed Yousuf Raza Gilani has allowed the Trading Corporation of Pakistan to supply 19,400 tons of sugar to Army and Air Force on prevalent prices, official sources told Business Recorder.

Published 25 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 Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

Certain companies adopt novel ways to avoid inspection

Some companies involved in fraudulent activities have adopted different methods to bar the Securities and Exchange Commission of Pakistan (SECP) from inspection of their records under the Companies Ordinance 1984. Sources told Business Recorder on

Published 25 Nov, 2008 12:00am

Exchange rates: buying and selling

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

Published 25 Nov, 2008 12:00am

Certain companies adopt novel ways to avoid inspection

Some companies involved in fraudulent activities have adopted different methods to bar the Securities and Exchange Commission of Pakistan (SECP) from inspection of their records under the Companies Ordinance 1984. Sources told Business Recorder on

Published 25 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 25 Nov, 2008 12:00am

Certain companies adopt novel ways to avoid inspection

Some companies involved in fraudulent activities have adopted different methods to bar the Securities and Exchange Commission of Pakistan (SECP) from inspection of their records under the Companies Ordinance 1984. Sources told Business Recorder on

Published 25 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 25 Nov, 2008 12:00am

Pakistan seeks 50,000 tons of crude oil on deferred payment from Iran

Pakistan is seeking 50,000 tons of crude oil per day on deferred payment from Iran to overcome oil shortage and secure the rapidly depleting foreign exchange reserves, sources in the Petroleum Ministry told Business Recorder on Monday. This is in a

Published 25 Nov, 2008 12:00am

Karachi interbank rates

Karachi interbank rates on Monday (November 24, 2008).

Published 25 Nov, 2008 12:00am

Pakistan seeks 50,000 tons of crude oil on deferred payment from Iran

Pakistan is seeking 50,000 tons of crude oil per day on deferred payment from Iran to overcome oil shortage and secure the rapidly depleting foreign exchange reserves, sources in the Petroleum Ministry told Business Recorder on Monday. This is in a

Published 25 Nov, 2008 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 25 Nov, 2008 12:00am

Pakistan seeks 50,000 tons of crude oil on deferred payment from Iran

Pakistan is seeking 50,000 tons of crude oil per day on deferred payment from Iran to overcome oil shortage and secure the rapidly depleting foreign exchange reserves, sources in the Petroleum Ministry told Business Recorder on Monday. This is in a

Published 25 Nov, 2008 12:00am

Kenyan tea prices down on Jodia Bazaar

The trading in Kenyan tea moved down on Jodia Bazaar here on Monday. The following variations were noted.

Published 25 Nov, 2008 12:00am

Proposal for empowering Ogra to determine furnace oil prices deferred

The government has deferred the proposal to empower the Oil and Gas Regulatory Authority (Ogra) to determine furnace oil prices; and is working to authorise Ogra to play a monitoring role to maintain checks and balance on prices in the country.

Published 25 Nov, 2008 12:00am

US Midwest soyabean bids rise

Spot basis bids for soyabeans rose at processors around the US Midwest on Monday after weeks of slow country movement left some of those locations short of crushing supplies. Cash bids for soyabeans held steady at elevators around the region, grain dealer

Published 25 Nov, 2008 12:00am

Proposal for empowering Ogra to determine furnace oil prices deferred

The government has deferred the proposal to empower the Oil and Gas Regulatory Authority (Ogra) to determine furnace oil prices; and is working to authorise Ogra to play a monitoring role to maintain checks and balance on prices in the country.

Published 25 Nov, 2008 12:00am

KCA official spot rate slashed by Rs 75 on cotton market

Bearish trend was seen on the cotton market on Monday as prices failed to resist further decline after delay in the ginners and Trading Corporation of Pakistan (TCP) meeting, dealers said. The official spot rate was lowered by Rs 75 to Rs 2875, they said.

Published 25 Nov, 2008 12:00am

Proposal for empowering Ogra to determine furnace oil prices deferred

The government has deferred the proposal to empower the Oil and Gas Regulatory Authority (Ogra) to determine furnace oil prices; and is working to authorise Ogra to play a monitoring role to maintain checks and balance on prices in the country.

Published 25 Nov, 2008 12:00am

Falling trend persists on grain market

Declining trend persisted on the grain market on Monday as most of the commodities tended lower in process of slow trading, dealers said. On the cereal side wheat new bardana quoted at Rs 2815 during the day, sugar shed Rs 50 to Rs 3200-3350.

Published 25 Nov, 2008 12:00am

Nato calls for more troops in Afghanistan

Nato commanders in Afghanistan need more troops and equipment to combat the Taliban, the alliance's top officer warned on Monday, as insurgent attacks mount in southern and eastern regions. US General John Craddock said that, based on a new assessment, th

Published 25 Nov, 2008 12:00am

Metals pare losses in Asia

No London copper prices pared losses on Monday and Shanghai futures recovered from a four-year low after reports that the US government would prop up struggling US bank, Citigroup. Washington agreed to a $306 billion rescue plan for Citigroup Inc, agreein

Published 25 Nov, 2008 12:00am

Obama unveils economic team, vows rapid stimulus

President-elect Barack Obama Monday presented a selection of "the best minds in America" headed by Timothy Geithner as Treasury boss to guide his ambitious plan to revive the stricken US economy.

Published 25 Nov, 2008 12:00am

Gold slide in Asian market

Gold fell nearly 2 percent on Monday after rising briefly to a 5-week high above $800, with dealers locking in profits after a two-day rally, but some analysts said another round of safe-haven buying could be nigh. Gold posted its biggest daily percentage

Published 25 Nov, 2008 12:00am

Obama unveils economic team, vows rapid stimulus

President-elect Barack Obama Monday presented a selection of "the best minds in America" headed by Timothy Geithner as Treasury boss to guide his ambitious plan to revive the stricken US economy.

Published 25 Nov, 2008 12:00am

Rubber producers face uphill task to lift prices

The world's top rubber producers meet this week to look for ways to lift prices hovering near their lowest in nearly four years, but reversing the slide will be tough, because of plunging car sales and mounting stockpiles. The International Rubber Consort

Published 25 Nov, 2008 12:00am

Obama unveils economic team, vows rapid stimulus

President-elect Barack Obama Monday presented a selection of "the best minds in America" headed by Timothy Geithner as Treasury boss to guide his ambitious plan to revive the stricken US economy.

Published 25 Nov, 2008 12:00am

Indian sugar falls

Indian sugar futures fell on Monday in anticipation of higher deliveries as millers cleared their old stocks, but delay in crushing of new crop cane in a key state cushioned the drop. At 2:10 pm (0840 GMT), the December contract on the National Commodity

Published 25 Nov, 2008 12:00am

UAE firms want to invest

Heads and chief executives of two major UAE companies including the Abu Dhabi Fund for Development and Etisalat separately called on President Asif Ali Zardari here on Monday and expressed their keenness to further invest in different fields in Pakistan.

Published 25 Nov, 2008 12:00am

Oil rises above $50 in Asia

Oil rose 1.3 percent to above $50 a barrel on Monday, giving up early gains, as worries over the global economy returned to the fore centring on Citigroup's ability to survive, but hopes Opec might cut output again as early as this week helped buoy prices

Published 25 Nov, 2008 12:00am

UAE firms want to invest

Heads and chief executives of two major UAE companies including the Abu Dhabi Fund for Development and Etisalat separately called on President Asif Ali Zardari here on Monday and expressed their keenness to further invest in different fields in Pakistan.

Published 25 Nov, 2008 12:00am

Asian naphtha declines

Indian Oil Corp (IOC) sold at least 90,000 tonnes of naphtha for December lifting at narrower discounts compared to November cargoes because of short-covering, traders said on Monday. The state-owned firm sold 30,000 tonnes of the petrochemical feedstock

Published 25 Nov, 2008 12:00am

UAE firms want to invest

Heads and chief executives of two major UAE companies including the Abu Dhabi Fund for Development and Etisalat separately called on President Asif Ali Zardari here on Monday and expressed their keenness to further invest in different fields in Pakistan.

Published 25 Nov, 2008 12:00am

Vietnam's coffee exports fall

Vietnam's coffee exports for November are forecast to fall 28.6 percent from a year ago to an estimated 50,000 tonnes, or 0.83 million bags, the government's statistics office said on Monday. The General Statistic Office also revised down coffee shipments

Published 25 Nov, 2008 12:00am

IMF approves $7.6 billion package

International Monetary Fund (IMF) on Monday approved $7.6 billion bailout package for Pakistan, Aaj TV reported. Pakistan is likely to get between $3.5 billion and $4 billion initially while the rest will be distributed in six equal instalments. Th

Published 25 Nov, 2008 12:00am

Malaysia to tap fund for palm oil biodiesel, replanting

Malaysia will tap 400 million ringgit ($110 million) from a palm oil stabilisation fund to boost palm biodiesel production and replanting of oil palm trees, an industry official said on Monday. Of the amount, 200 million ringgit will be used for biodiesel

Published 25 Nov, 2008 12:00am

IMF approves $7.6 billion package

International Monetary Fund (IMF) on Monday approved $7.6 billion bailout package for Pakistan, Aaj TV reported. Pakistan is likely to get between $3.5 billion and $4 billion initially while the rest will be distributed in six equal instalments. Th

Published 25 Nov, 2008 12:00am

Russian grain prices move closer to stability

Russian grain and sunseed markets continued on a downward trend last week, although prices for some cereals began to stabilise and even edged up due to government purchases and demand from exporters, analysts said. The domestic ordinary wheat export price

Published 25 Nov, 2008 12:00am

IMF approves $7.6 billion package

International Monetary Fund (IMF) on Monday approved $7.6 billion bailout package for Pakistan, Aaj TV reported. Pakistan is likely to get between $3.5 billion and $4 billion initially while the rest will be distributed in six equal instalments. Th

Published 25 Nov, 2008 12:00am

Malaysian tin up

Malaysian tin edged up 0.9 percent on Monday following gains at the London Metal Exchange(LME) and a lack of supply at the opening price level, one dealer said.

Published 25 Nov, 2008 12:00am

Gilani assures foreign businessmen of full security

Prime Minister Syed Yousuf Raza Gilani has assured foreign businessmen to provide maximum possible security to them and their businesses in Pakistan. He was speaking at the inauguration of 5th International Defence Exhibition and Seminar (IDEAS) 2008 at K

Published 25 Nov, 2008 12:00am

US grains make modest gains

US grain and soybean futures were firmer on Monday, lifted by a rescue plan for banking giant Citigroup, but the rebound from sharp losses on Friday was modest as recession gloom persisted. Asian and European stocks rallied after the US government's weeke

Published 25 Nov, 2008 12:00am

Gilani assures foreign businessmen of full security

Prime Minister Syed Yousuf Raza Gilani has assured foreign businessmen to provide maximum possible security to them and their businesses in Pakistan. He was speaking at the inauguration of 5th International Defence Exhibition and Seminar (IDEAS) 2008 at K

Published 25 Nov, 2008 12:00am

Malaysian palm oil up

Malaysian palm futures closed nearly 2 percent higher on Monday on hopes that demand will rise ahead of the Chinese New Year festival early next year, traders said. Palm oil sustained its gains in late trade, shrugging off a weaker turn in crude oil, as t

Published 25 Nov, 2008 12:00am

Gilani assures foreign businessmen of full security

Prime Minister Syed Yousuf Raza Gilani has assured foreign businessmen to provide maximum possible security to them and their businesses in Pakistan. He was speaking at the inauguration of 5th International Defence Exhibition and Seminar (IDEAS) 2008 at K

Published 25 Nov, 2008 12:00am

South Korea court rules 2003 KEB sale to Lone Star legal

A South Korean court on Monday rejected claims that the 2003 sale of Korea Exchange Bank (KEB) to US investment firm Lone Star was illegal, a verdict that may clear a key hurdle to putting control of the bank back up for sale.

Published 25 Nov, 2008 12:00am

IMF offers Turkey $19 billion credit

The International Monetary Fund (IMF) has offered Turkey 19 billion dollars (15 billion euros) in credit despite the government's push for a larger loan, the Zaman newspaper reported on Monday. Turkish officials have declined to reveal the amount Ankara i

Published 25 Nov, 2008 12:00am

Darling hikes government borrowing forecasts

British finance minister Alistair Darling raised his forecast for government borrowing on Monday to 78 billion pounds ($116.3 billion) in 2008/9 from an estimate of 43 billion pounds made in March. He predicted borrowing of 118 billion pounds in 2009/10 -

Published 25 Nov, 2008 12:00am

Chinese billionaire home appliance king detained

Shares in China's largest home appliance chain were suspended Monday amid reports its billionaire owner, the nation's second-richest man, had been detained on suspicion of market manipulation.

Published 25 Nov, 2008 12:00am

Eurozone orders fall points to recession, ECB cut

Falling demand for cars cut eurozone industrial new orders by more than expected in September from August, pointing to a deep industrial recession and further interest rate cuts by the European Central Bank. Orders in the 15-country currency area fell 3.9

Published 25 Nov, 2008 12:00am

Asia to recover slowly, Japan deflation risk low: IMF

Asian economic growth will slow sharply as major industrial economies contract and financial firms reduce risky assets, the International Monetary Fund said on Monday. It said growth would likely start to pick up again late in 2009, but a recovery would b

Published 25 Nov, 2008 12:00am

Ukraine to pay Russia gas debt

Ukraine on Monday vowed to pay off its debts for gas pumped from Russia, dispatching a delegation to Moscow for urgent talks after threats by the Russian energy giant Gazprom to halt deliveries. Ukraine state gas company Naftogaz "will honour its debt to

Published 25 Nov, 2008 12:00am

Iran importing US wheat indirectly

An Iranian official said Iran was importing wheat from the United States via intermediaries, a newspaper reported on Monday, in the first official admission that such an indirect trade was taking place. Asked by Kargozaran newspaper whether Iran was buyin

Published 25 Nov, 2008 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 29	278.13
USD PKR Interbank Buying / Nov 29	278.03
USD to Japanese Yen / Nov 29	150.14
USD to Swiss Franc / Nov 29	0.88
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.06

Stock	Volume
S&P 500 / Nov 28	5,998.74
Nasdaq / Nov 28	19,060.48
Dow Jones / Nov 28	44,722.06
India Sensex / Nov 29	19,338.14
Tokyo Nikkei / Nov 29	38,198.52
Hang Seng / Nov 29	79,714.50
FTSE 100 / Nov 29	8,273.90
Germany DAX 30 / Nov 29	19,432.28

Item	Value
Gold 10 Grams PKR / Nov 28	241,602.20
Petrol/Litre / Nov 29	248.38
Crude Oil USD/Barrel / Nov 29	69.08
Karachi Cotton PKR/37.32 KG / Nov 29	17,685
Gold Spot USD/Ounce / Nov 29	2,666.09
Diesel/Litre / Nov 29	255.14

Stock	Price
786 Invest Ltd / Nov 29 786 Investments Limited(786)	6.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 29 Al-Abbas Sugar Mills Limited(AABS)	619.90 ▼ 0.00 (0.00%)
Agro Allianz / Nov 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 29 Ali Asghar Textile Mills Limited(AATM)	70 ▼ 0.00 (0.00%)
Allied Bank / Nov 29 Allied Bank Limited(ABL)	139.74 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 29 Abbott Laboratories (Pakistan) Limited(ABOT)	1,021.33 ▼ 0.00 (0.00%)
Abson Ind. / Nov 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 29 Alfalah Consumer Index ETF.(ACIETF)	12.66 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 29 786 Investments Limited(786)	6.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 29 Al-Abbas Sugar Mills Limited(AABS)	619.90 ▲ 0.00 (0.00%)
Agro Allianz / Nov 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 29 Ali Asghar Textile Mills Limited(AATM)	70 ▲ 0.00 (0.00%)
Allied Bank / Nov 29 Allied Bank Limited(ABL)	139.74 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 29 Abbott Laboratories (Pakistan) Limited(ABOT)	1,021.33 ▲ 0.00 (0.00%)
Abson Ind. / Nov 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 29 Alfalah Consumer Index ETF.(ACIETF)	12.66 ▲ 0.00 (0.00%)

Stock	Volume
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	179,225,089 ▲ 0.00
K-Electric Ltd. / Nov 29 K-Electric Limited(KEL)	64,868,271 ▲ 0.00
Bank Makramah / Nov 29 Bank Makramah Limited(BML)	60,297,878 ▲ 0.00
Pace (Pak) Ltd. / Nov 29 Pace (Pakistan) Limited(PACE)	55,350,909 ▲ 0.00
Hascol Petrol / Nov 29 Hascol Petroleum Limited(HASCOL)	42,730,290 ▲ 0.00
Fauji Foods Ltd / Nov 29 Fauji Foods Limited(FFL)	38,903,524 ▲ 0.00
Sui South Gas / Nov 29 Sui Southern Gas Company Limited(SSGC)	36,014,321 ▲ 0.00
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	33,477,996 ▲ 0.00
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	31,208,624 ▲ 0.00

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