News Archives for Print - 2008-12-19

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

Pakistan's foreign exchange reserves up by $244 million

The country's liquid foreign exchange reserves rose by over 244 million dollars during last week. The State Bank of Pakistan statistics show that overall foreign exchange reserves registered an increase of 244.6 million dollars during the week that ended

Published 19 Dec, 2008 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

Pakistan's foreign exchange reserves up by $244 million

The country's liquid foreign exchange reserves rose by over 244 million dollars during last week. The State Bank of Pakistan statistics show that overall foreign exchange reserves registered an increase of 244.6 million dollars during the week that ended

Published 19 Dec, 2008 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

Burden of taxes should be equitably shared by all: Tarin

Advisor to the Prime Minister on Finance, Revenue and Statistics Shaukat Tarin on Thursday said that Pakistan needs to have an equitable, simple and transparent tax system executed in professional manner. He said it should be a broad-based tax system admi

Published 19 Dec, 2008 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

Burden of taxes should be equitably shared by all: Tarin

Advisor to the Prime Minister on Finance, Revenue and Statistics Shaukat Tarin on Thursday said that Pakistan needs to have an equitable, simple and transparent tax system executed in professional manner. He said it should be a broad-based tax system admi

Published 19 Dec, 2008 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

Burden of taxes should be equitably shared by all: Tarin

Advisor to the Prime Minister on Finance, Revenue and Statistics Shaukat Tarin on Thursday said that Pakistan needs to have an equitable, simple and transparent tax system executed in professional manner. He said it should be a broad-based tax system admi

Published 19 Dec, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

Gates orders plan drafted for closing Guantanamo prison

US Defence Secretary Robert Gates has ordered aides to prepare a plan for closing the Guantanamo prison, a declared priority for president-elect Barack Obama, a Pentagon spokesman said Thursday. Gates wanted to be prepared in case Obama decides to take ac

Published 19 Dec, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

Gates orders plan drafted for closing Guantanamo prison

US Defence Secretary Robert Gates has ordered aides to prepare a plan for closing the Guantanamo prison, a declared priority for president-elect Barack Obama, a Pentagon spokesman said Thursday. Gates wanted to be prepared in case Obama decides to take ac

Published 19 Dec, 2008 12:00am

US treasuries bid yields

US treasuries bid yields on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

ATR-14 circular not withdrawn: CCP grants stay to ICAP against penalty

The Competition Commission of Pakistan (CCP) has granted stay order to Institute of Chartered Accountants of Pakistan (ICAP) against the imposition of huge penalty for not withdrawing Auditing Technical Release (ATR-14) circular.

Published 19 Dec, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

ATR-14 circular not withdrawn: CCP grants stay to ICAP against penalty

The Competition Commission of Pakistan (CCP) has granted stay order to Institute of Chartered Accountants of Pakistan (ICAP) against the imposition of huge penalty for not withdrawing Auditing Technical Release (ATR-14) circular.

Published 19 Dec, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

ATR-14 circular not withdrawn: CCP grants stay to ICAP against penalty

The Competition Commission of Pakistan (CCP) has granted stay order to Institute of Chartered Accountants of Pakistan (ICAP) against the imposition of huge penalty for not withdrawing Auditing Technical Release (ATR-14) circular.

Published 19 Dec, 2008 12:00am

US treasuries bid prices

US treasuries bid prices on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

President and Prime Minister discretionary powers caused huge dent to economy: PAC meeting held

Public Accounts Committee (PAC) Chairman Chaudhry Nisar Ali Khan has termed the discretionary powers of President and Prime Minister as main cause of socio-economic problems of the country. The discretionary powers of President and Prime Minister have cau

Published 19 Dec, 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 19 Dec, 2008 12:00am

US sanctions $48 million to import wheat on deferred payment

United States of America (USA) on Thursday sanctioned 48 million dollars to provide 200,000-250,000 tons of wheat to Pakistan on deferred payment. Trading Corporation of Pakistan (TCP) will float tender on Friday to import the said wheat from the USA on d

Published 19 Dec, 2008 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

US sanctions $48 million to import wheat on deferred payment

United States of America (USA) on Thursday sanctioned 48 million dollars to provide 200,000-250,000 tons of wheat to Pakistan on deferred payment. Trading Corporation of Pakistan (TCP) will float tender on Friday to import the said wheat from the USA on d

Published 19 Dec, 2008 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

US sanctions $48 million to import wheat on deferred payment

United States of America (USA) on Thursday sanctioned 48 million dollars to provide 200,000-250,000 tons of wheat to Pakistan on deferred payment. Trading Corporation of Pakistan (TCP) will float tender on Friday to import the said wheat from the USA on d

Published 19 Dec, 2008 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

PWF demands amendments to Industrial Relations Act

Pakistan Workers Foundation (PWF) has demanded of the government to bring comprehensive amendments to the "Industrial Relations Act, 2008" for giving maximum protection to the workers in Pakistan. This was demanded in a press conference at the Capital Dev

Published 19 Dec, 2008 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

Two British Muslims convicted

Two British Muslims were convicted Thursday of being members of the al Qaeda terror network, including one who was reportedly deported from Pakistan. Taxi driver Habib Ahmed, 29, was found in possession of two diaries containing details of top al Qaeda op

Published 19 Dec, 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 Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

Election petition hearing postponed

An election tribunal headed by a judge of the Lahore High Court postponed till January 20 the hearing for framing issues in an election petition of the PML-Q President, Chawdhry Shujaat Hussain against the Federal Defence Minister, Ahmad Mukhtar. Shujaat

Published 19 Dec, 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 Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

Appointment by acting governor: request to restrain PST chairman, ombudsman declined

A divisional bench of Lahore High Court turned down a petition requesting to restrain the Chairman, Punjab Services Tribunal (PST) and Punjab Ombudsman from working adjourned the proceedings till December 22 as the Attorney General of Pakistan sought time

Published 19 Dec, 2008 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

Nawaz disqualification case: government won't withdraw appeal: Khosa

Attorney General Pakistan Sardar Latif Khan Khosa has said the federal government would not withdraw its appeal against the disqualification of PML-N Chief Mian Nawaz Sharif. Replying to reporters' queries after appearing before a division bench of the La

Published 19 Dec, 2008 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

Favourable judgement 'offer' to Nawaz: Raja Abdul Rehman denies his alleged involvement

Former Deputy Attorney General (DAG) of Pakistan Raja Abdul Rehman on Thursday denied having any contact with PML-N chief Nawaz Sharif offering him a favourable decision in his disqualification case pending in Supreme Court.

Published 19 Dec, 2008 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

Power tariff: LHC adjourns hearing of petitions till December 22

The Lahore High Court on Thursday adjourned to December 22 the hearing in some identical petitions, challenging the tariff increase by National Electric Power Regulatory Authority (Nepra) and extended the stay against the tariff in question till next date

Published 19 Dec, 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 Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

Power tariff: LHC adjourns hearing of petitions till December 22

The Lahore High Court on Thursday adjourned to December 22 the hearing in some identical petitions, challenging the tariff increase by National Electric Power Regulatory Authority (Nepra) and extended the stay against the tariff in question till next date

Published 19 Dec, 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 Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

Power tariff: LHC adjourns hearing of petitions till December 22

The Lahore High Court on Thursday adjourned to December 22 the hearing in some identical petitions, challenging the tariff increase by National Electric Power Regulatory Authority (Nepra) and extended the stay against the tariff in question till next date

Published 19 Dec, 2008 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

US general offers first views of Iraq, Afghanistan

General David Petraeus, commander of US forces in Iraq and Afghanistan, has told his troops that despite progress on both fronts, the United States and its allies face a tough fight in the year ahead.

Published 19 Dec, 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 19 Dec, 2008 12:00am

New rules for Indian TV after Mumbai attacks

Indian broadcasters unveiled Thursday a new set of rules on covering live events after accusations that television news channels may have unintentionally aided militants during the Mumbai attacks. The guidelines ban broadcasting of footage that could reve

Published 19 Dec, 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 19 Dec, 2008 12:00am

New rules for Indian TV after Mumbai attacks

Indian broadcasters unveiled Thursday a new set of rules on covering live events after accusations that television news channels may have unintentionally aided militants during the Mumbai attacks. The guidelines ban broadcasting of footage that could reve

Published 19 Dec, 2008 12:00am

Karachi interbank rates

Karachi interbank rates on Thursday (December 18, 2008).

Published 19 Dec, 2008 12:00am

ECB extends unlimited cash loans to eurozone banks

The European Central Bank said Thursday that it would keep providing unlimited amounts of cash in operations that underpin eurozone lending at fixed rates aimed at unblocking key interbank markets. The ECB also planned on January 21 to reset the margins o

Published 19 Dec, 2008 12:00am

New York cotton

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

Published 19 Dec, 2008 12:00am

ECB extends unlimited cash loans to eurozone banks

The European Central Bank said Thursday that it would keep providing unlimited amounts of cash in operations that underpin eurozone lending at fixed rates aimed at unblocking key interbank markets. The ECB also planned on January 21 to reset the margins o

Published 19 Dec, 2008 12:00am

New York cotton

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

Published 19 Dec, 2008 12:00am

ECB extends unlimited cash loans to eurozone banks

The European Central Bank said Thursday that it would keep providing unlimited amounts of cash in operations that underpin eurozone lending at fixed rates aimed at unblocking key interbank markets. The ECB also planned on January 21 to reset the margins o

Published 19 Dec, 2008 12:00am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 19 Dec, 2008 12:00am

India tests supersonic cruise missile

India successfully tested a supersonic cruise missile from a moving ship for the first time on Thursday, in what officials said was a major boost for the South Asian nation's defence capabilities. The launch comes at a time of heightened tension between n

Published 19 Dec, 2008 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 117,138 tonnes of cargo including 94,621 tonnes of import, 22,517 tonnes of export, 4,860 loaded and empty containers (TEUs) during last 24 hours ending at 0700 hours on Thursday.

Published 19 Dec, 2008 12:00am

India tests supersonic cruise missile

India successfully tested a supersonic cruise missile from a moving ship for the first time on Thursday, in what officials said was a major boost for the South Asian nation's defence capabilities. The launch comes at a time of heightened tension between n

Published 19 Dec, 2008 12:00am

US wheat futures rise

US wheat futures closed higher on Wednesday as a falling dollar, a cold snap in the US Plains and a good export tender line-up boosted prices. Chicago Board of Trade soft red winter wheat closed unchanged to 17 cents per bushel higher, with March up 13-1/

Published 19 Dec, 2008 12:00am

KESC owes Rs 1.9 billion to power distribution companies

Karachi Electric Supply Company (KESC) owes Rs 1.9 billion to the power distribution companies, said Advisor to the Prime Minister on Petroleum and Natural Resources Dr Asim in the Lower House here on Thursday. He was responding to a calling attention not

Published 19 Dec, 2008 12:00am

Canadian canola futures down

ICE Canadian canola futures ended lower on Wednesday, tempered by a stronger Canadian dollar, traders said. January canola ended down 60 at $386.80 per tonne on a volume of 3,859 contracts. March fell 40 cents to $393.80, with 5,100 contracts traded.

Published 19 Dec, 2008 12:00am

KESC owes Rs 1.9 billion to power distribution companies

Karachi Electric Supply Company (KESC) owes Rs 1.9 billion to the power distribution companies, said Advisor to the Prime Minister on Petroleum and Natural Resources Dr Asim in the Lower House here on Thursday. He was responding to a calling attention not

Published 19 Dec, 2008 12:00am

Indian January sugar futures rise

Indian January sugar futures rose on Thursday, following a drop in output in a leading producing state. The market was also underpinned by last week's court ruling in favour of higher cane prices for farmers. At 3:24 pm (0954 GMT), the January contract ro

Published 19 Dec, 2008 12:00am

KESC owes Rs 1.9 billion to power distribution companies

Karachi Electric Supply Company (KESC) owes Rs 1.9 billion to the power distribution companies, said Advisor to the Prime Minister on Petroleum and Natural Resources Dr Asim in the Lower House here on Thursday. He was responding to a calling attention not

Published 19 Dec, 2008 12:00am

US corn futures lower

US corn futures on the Chicago Board of Trade slipped on Wednesday as traders took profits after corn hit a six-week top early in the session. Corn rallied more than many analysts and traders expected during the past week, given outlooks for US corn stock

Published 19 Dec, 2008 12:00am

China approves plan to aid struggling export region

China has approved in principle a plan to boost domestic demand and infrastructure in its southern export region, which has been savaged by the global financial crisis, state media reported on Thursday.

Published 19 Dec, 2008 12:00am

US Midwest soybean, corn bids firmer amid dull sales

Spot corn and soybean basis bids were mostly steady to firm around the US Midwest on Wednesday amid sluggish country movement, while wheat basis bids were unchanged, grain merchants said. Firm demand from exporters at the Gulf helped underpin soy bids at

Published 19 Dec, 2008 12:00am

POSCO trims steel output 10 percent, its first ever cut

POSCO plans to trim steel production by around 10 percent temporarily, its first ever output cut, as inventories rise and demand from auto and home appliance makers tumbles. The move by the world's No 4 steelmaker, which until now had refused to join glob

Published 19 Dec, 2008 12:00am

Rains bring down business activity on cotton market

Fresh rains in the country slowed down business activity on the cotton market on Thursday amid release of Pakistan Cotton Ginners Association (PCGA) fortnightly report, dealers said. The official spot rate was unchanged at Rs 2850, they said. -The phutti

Published 19 Dec, 2008 12:00am

Mexico joins meat label trade dispute with US

Mexico is joining a trade dispute launched by Canada against the United States over new US rules requiring country-of-origin labels on meat sold in the United States, a Mexican diplomat said on Thursday. Mexico submitted a request for consultations with t

Published 19 Dec, 2008 12:00am

No business on grain market

Grain and oilseed markets were closed on Thursday due to death anniversary of Hazrat Usman Ghani, Grain and Oilseed Merchant Group release said.

Published 19 Dec, 2008 12:00am

ISE index loses 71.46 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities failed to show healthy signs amid decrease in index. ISE Ten Index was down by 71.46 points, as the index moved from 1,730.54 to 1,659.08 points. The volume of trade expa

Published 19 Dec, 2008 12:00am

Jute goods higher on Jodia Bazaar

The trading in jute goods twine moved higher on Jodia Bazaar here on Thursday. The following changes were noted.

Published 19 Dec, 2008 12:00am

ISE index loses 71.46 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities failed to show healthy signs amid decrease in index. ISE Ten Index was down by 71.46 points, as the index moved from 1,730.54 to 1,659.08 points. The volume of trade expa

Published 19 Dec, 2008 12:00am

Cotton situation remains humdrum

Cotton trading became tardy since the beginning of this week due to various reasons of both domestic and external import. Year end demanding closing adjustments with the banks, recent rainfalls in the cotton belt in both Sindh and Punjab giving rise to fe

Published 19 Dec, 2008 12:00am

Bullish trend prevails on LSE

Bullish trend prevailed on the Lahore Stock Exchange (LSE) on Thursday and the equities showed strength amid slightly reduced transaction volume. However, the LSE-25 index kept on moving down to close at 2213.87 against 2337.36 of Wednesday denoting a dec

Published 19 Dec, 2008 12:00am

Cotton situation remains humdrum

Cotton trading became tardy since the beginning of this week due to various reasons of both domestic and external import. Year end demanding closing adjustments with the banks, recent rainfalls in the cotton belt in both Sindh and Punjab giving rise to fe

Published 19 Dec, 2008 12:00am

Bullish trend prevails on LSE

Bullish trend prevailed on the Lahore Stock Exchange (LSE) on Thursday and the equities showed strength amid slightly reduced transaction volume. However, the LSE-25 index kept on moving down to close at 2213.87 against 2337.36 of Wednesday denoting a dec

Published 19 Dec, 2008 12:00am

US rice slips

US rough rice futures at the Chicago Board of Trade closed lower on Wednesday as traders took profits after prices hit a five-week high amid a weaker dollar. Falling Asian rice prices were bearish. January rice ended 13 cents lower at $14.98 per hundredwe

Published 19 Dec, 2008 12:00am

Cotton target falls short by two million bales

The country has missed the cotton production target for 2008-09 as it achieved 12.10 million bales against the target of 14.11 million bales. A meeting of the Cotton Crop Assessment Committee was informed here on Thursday that despite the strenuous effort

Published 19 Dec, 2008 12:00am

US copper down

US copper futures dropped to a near-four-year low on Wednesday as concerns about the global economy and waning demand for industrial metals drove the bearish sentiment, while a weak dollar offered mild support. Copper for March delivery shed 0.55 cent to

Published 19 Dec, 2008 12:00am

Cotton target falls short by two million bales

The country has missed the cotton production target for 2008-09 as it achieved 12.10 million bales against the target of 14.11 million bales. A meeting of the Cotton Crop Assessment Committee was informed here on Thursday that despite the strenuous effort

Published 19 Dec, 2008 12:00am

Shanghai copper lower

Copper futures in Shanghai edged lower on Thursday, nearing recent 4-1/2 year lows, while London metal held steady following its overnight plunge to a four-year low on concerns about slowing demand and rising stocks. Sentiment was dominated by, weak data

Published 19 Dec, 2008 12:00am

Cotton target falls short by two million bales

The country has missed the cotton production target for 2008-09 as it achieved 12.10 million bales against the target of 14.11 million bales. A meeting of the Cotton Crop Assessment Committee was informed here on Thursday that despite the strenuous effort

Published 19 Dec, 2008 12:00am

Indian soyoil down

Indian soyoil futures eased on Thursday as rival palm oil fell in Malaysia, but thin arrivals in the domestic market and firm sppot prices limited the losses At 2:30 pm (0900 GMT), January futures on the National Commodity and Derivatives Exchange were do

Published 19 Dec, 2008 12:00am

Supreme Court moved for contempt proceedings against Nawaz

The Supreme Court on Thursday was asked to initiate contempt proceedings against former premier and PML-N chief Nawaz Sharif for portraying the apex court as bargain center. Shahid Orakzai filed the petition under Article 204 of the constitution making Na

Published 19 Dec, 2008 12:00am

Tocom rubber drops

Tokyo rubber futures slipped on Thursday as the stronger yen weighed on prices, but an agreement by top rubber producers to cut exports and a plan by Thailand's new government to shore up producer prices lent support. The benchmark rubber contract on the

Published 19 Dec, 2008 12:00am

Supreme Court moved for contempt proceedings against Nawaz

The Supreme Court on Thursday was asked to initiate contempt proceedings against former premier and PML-N chief Nawaz Sharif for portraying the apex court as bargain center. Shahid Orakzai filed the petition under Article 204 of the constitution making Na

Published 19 Dec, 2008 12:00am

New York sugar settles firmer

Raw sugar futures finished marginally higher on Wednesday in see-saw business and brokers said the market should stay range-bound amid slack investor and consumer interest. The key March raw sugar contract went up 0.06 cent to conclude at 11.73 cents per

Published 19 Dec, 2008 12:00am

BRIndex30 down 419.49 points

On Thursday, BRIndex30 opened in the red zone at 7,493.85 and remained there for whole of the trading time, with a downward gap of 249.31 points. It closed at 7,323.67 with a net negative change of -419.49 points and percentage change of -5.42. It recorde

Published 19 Dec, 2008 12:00am

US soybean closes firm

US soybean futures on the Chicago Board of Trade ended higher on Wednesday after prices seesawed throughout the session, with the weakness in the dollar pushing the market higher, traders said. Dry weather concerns in soy producer and exporter Argentina a

Published 19 Dec, 2008 12:00am

BRIndex30 down 419.49 points

On Thursday, BRIndex30 opened in the red zone at 7,493.85 and remained there for whole of the trading time, with a downward gap of 249.31 points. It closed at 7,323.67 with a net negative change of -419.49 points and percentage change of -5.42. It recorde

Published 19 Dec, 2008 12:00am

Malaysian palm oil falls

Malaysian palm futures lost more than 2 percent on Thursday after crude oil hit its weakest level in more than four years despite Opec's biggest ever production cut. The benchmark March palm oil contract on the Bursa Malaysia's Derivatives Exchange droppe

Published 19 Dec, 2008 12:00am

Heavy selling pressure witnessed on KSE

Heavy selling pressure continued at the Karachi share market on the fourth consecutive day after the removal of the price floor and the benchmark KSE-100 index lost another 320.37 points to close at 7,785.26 points level on Thursday. The index has decline

Published 19 Dec, 2008 12:00am

Malaysia tin

Malaysian tin prices fell 0.5 percent on Thursday due to a technical correction, a dealer said.

Published 19 Dec, 2008 12:00am

Heavy selling pressure witnessed on KSE

Heavy selling pressure continued at the Karachi share market on the fourth consecutive day after the removal of the price floor and the benchmark KSE-100 index lost another 320.37 points to close at 7,785.26 points level on Thursday. The index has decline

Published 19 Dec, 2008 12:00am

Currency	Rate
USD PKR Interbank Selling / Sep 20	277.90
USD PKR Interbank Buying / Sep 20	277.70
USD to Japanese Yen / Sep 20	142.19
USD to Swiss Franc / Sep 20	0.85
Pound Sterling to USD / Sep 20	1.33
Euro to USD / Sep 20	1.12

Stock	Volume
S&P 500 / Sep 19	5,713.64
Nasdaq / Sep 19	18,013.98
FTSE 100 / Sep 19	8,328.72
Dow Jones / Sep 19	42,025.19
Germany DAX 30 / Sep 19	19,002.38
France CAC40 / Sep 19	7,615.41
India Sensex / Sep 20	83,711.40
Tokyo Nikkei / Sep 20	37,879.54

Item	Value
Gold 10 Grams PKR / Sep 19	230,195
Petrol/Litre / Sep 20	249.10
Crude Oil USD/Barrel / Sep 20	71.80
Karachi Cotton PKR/37.32 KG / Sep 20	18,935
Gold Spot USD/Ounce / Sep 20	2,599.47
Diesel/Litre / Sep 20	249.69

Stock	Price
786 Invest Ltd / Sep 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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