News Archives for Print - 2009-02-24

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (February 23, 2009).

Published 24 Feb, 2009 12:00am

Small hedgies shun code to focus on survival

Small European hedge funds have been unwilling to sign up to the Hedge Fund Standards Board's (HFSB) voluntary industry code because they are focused on survival, board trustee Christopher Fawcett said. The HFSB has come under fire in the United Kingdom f

Published 24 Feb, 2009 12:00am

US Plains HRW wheat mostly steady

Spot basis bids for hard red winter wheat in the US Plains were mostly steady Monday, though some firming was noted as farmer selling remained sluggish. The basis in Enid, Oklahoma, was 5 cents a bushel firmer, while other locations were unchanged. The Gu

Published 24 Feb, 2009 12:00am

Profit after tax of MGCL increases to Rs 1663.247 million

The profit after tax of Mari Gas Company Limited (MGCL) has increased to Rs 1663.247 million in the half year period ended December 31, 2008 as compared to Rs 551.898 million earned in the corresponding period in 2007. The board of directors of the compan

Published 24 Feb, 2009 12:00am

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (February 23, 2009).

Published 24 Feb, 2009 12:00am

Small hedgies shun code to focus on survival

Small European hedge funds have been unwilling to sign up to the Hedge Fund Standards Board's (HFSB) voluntary industry code because they are focused on survival, board trustee Christopher Fawcett said. The HFSB has come under fire in the United Kingdom f

Published 24 Feb, 2009 12:00am

Wet February boosts Ivorian cocoa mid crop

Rainfall recordings in Ivory Coast's main cocoa-growing areas for the first three weeks of February were well above last year's levels, analysts said on Monday, boosting hopes for a large mid crop in the top grower. Cocoa farmers have reported abundant ra

Published 24 Feb, 2009 12:00am

LHC orders arrest of SHO

The Lahore High Court here Monday directed DPO Okara to arrest SHO Hujra Shah Muqeem and produce him before the court on March 3 in handcuff.

Published 24 Feb, 2009 12:00am

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (February 23, 2009).

Published 24 Feb, 2009 12:00am

US Plains HRW wheat mostly steady

Spot basis bids for hard red winter wheat in the US Plains were mostly steady Monday, though some firming was noted as farmer selling remained sluggish. The basis in Enid, Oklahoma, was 5 cents a bushel firmer, while other locations were unchanged. The Gu

Published 24 Feb, 2009 12:00am

Cameroon August-January cocoa exports rise 11 percent

Cameroon's cocoa exports rose by 11.2 percent in the six months to January but the pace of exports fell as the world's fifth biggest grower's main crop tailed off, statistics from industry bodies showed on Monday. The National Cocoa and Coffee Board (NCCB

Published 24 Feb, 2009 12:00am

MPA's disqualification case: speaker Punjab Assembly to decide matter, LHC told

Speaker Punjab Assembly would decide the matter of disqualification of PML-Q MPA, Saba Sadiq, within two days if petitioner files a representation before him.

Published 24 Feb, 2009 12:00am

National Commodity Exchange Trading Summary

National Commodity Exchange Limited Trading Summary on Monday (February 23, 2009).

Published 24 Feb, 2009 12:00am

Wet February boosts Ivorian cocoa mid crop

Rainfall recordings in Ivory Coast's main cocoa-growing areas for the first three weeks of February were well above last year's levels, analysts said on Monday, boosting hopes for a large mid crop in the top grower. Cocoa farmers have reported abundant ra

Published 24 Feb, 2009 12:00am

Ukrainian milling wheat prices fall

Ukrainian domestic milling wheat prices fell to an average 1,156 hryvnias per tonne ($150) EXW on February 20 from 1,432 hryvnias on the same date in 2008, the agriculture ministry said on Monday. The ministry said in a statement that feed wheat prices ha

Published 24 Feb, 2009 12:00am

Indian visiting team meets Qazi

Jamaat-i-Islami Ameer Qazi Hussian Ahmed has said that they want to resolve the Kashmir and other outstanding issues through a dialogue on equal footing. He expressed these views while talking to a 22-member Indian delegation, led by Indian journalist Kul

Published 24 Feb, 2009 12:00am

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 14TH February, 2009.

Published 24 Feb, 2009 12:00am

Cameroon August-January cocoa exports rise 11 percent

Cameroon's cocoa exports rose by 11.2 percent in the six months to January but the pace of exports fell as the world's fifth biggest grower's main crop tailed off, statistics from industry bodies showed on Monday. The National Cocoa and Coffee Board (NCCB

Published 24 Feb, 2009 12:00am

US Midwest-soyabean and corn mostly firm

Spot corn and soyabean basis bids were mostly steady to firm on Monday amid a lack of farmer selling following a steep decline in prices last week, grain merchants said. Futures were up sharply in overnight electronic trading and were expected to open hig

Published 24 Feb, 2009 12:00am

Indo-Pak relations: 'prosperity in region not possible without peace'

The speakers at a seminar on Indo-Pak peace relations have said that the people-to-people contact should be increased between the peoples of two countries because without this process, peace could not be possible. They also said that there should be a joi

Published 24 Feb, 2009 12:00am

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 14TH February, 2009.

Published 24 Feb, 2009 12:00am

Ukrainian milling wheat prices fall

Ukrainian domestic milling wheat prices fell to an average 1,156 hryvnias per tonne ($150) EXW on February 20 from 1,432 hryvnias on the same date in 2008, the agriculture ministry said on Monday. The ministry said in a statement that feed wheat prices ha

Published 24 Feb, 2009 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 158,221 tonnes of cargo including 125,226 tonnes of import and 32,995 tonnes of export, 2,422 loaded and empty containers (TEUs) during last 48 hours ending at 0700 hours on Monday. The freights comprised of 107,222 tonnes of dry

Published 24 Feb, 2009 12:00am

PAISP's complaint forwarded to finance ministry

The Cabinet Division has forwarded a complaint of The Professional Association of Insurance Surveyors of Pakistan (PAISP) to the Ministry of Finance for an appropriate action for unlawful appointment of Dr Mumtaz A Hashmi.

Published 24 Feb, 2009 12:00am

Pakistan Economic Indicators

Pakistan economic indicators - February 23, 2009

Published 24 Feb, 2009 12:00am

US Midwest-soyabean and corn mostly firm

Spot corn and soyabean basis bids were mostly steady to firm on Monday amid a lack of farmer selling following a steep decline in prices last week, grain merchants said. Futures were up sharply in overnight electronic trading and were expected to open hig

Published 24 Feb, 2009 12:00am

Bangladesh to buy more military equipment

Bangladesh - with coastal waters believed rich in untapped gas and oil resources - plans substantial buying of military equipment including missiles for the navy, the planning minister said late on Sunday. A.K. Khandaker, a former air force chief, told pa

Published 24 Feb, 2009 12:00am

Sharifs' electoral eligibility: Supreme Court provided material maligning judiciary

The Supreme Court bench hearing Sharif brothers' electoral eligibility cases on Monday was provided with material regarding their (Sharifs') role in maligning the judiciary. Advocate Ahmed Raza Qasuri, counsel for Khurram Shah and Noor Elahi, presented pr

Published 24 Feb, 2009 12:00am

Weekly statement of position of all scheduled banks

Weekly statement of position of all scheduled banks as at the close of business on February 14, 2009.

Published 24 Feb, 2009 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 158,221 tonnes of cargo including 125,226 tonnes of import and 32,995 tonnes of export, 2,422 loaded and empty containers (TEUs) during last 48 hours ending at 0700 hours on Monday. The freights comprised of 107,222 tonnes of dry

Published 24 Feb, 2009 12:00am

Kuwait receives $13 billion compensation from Iraq

Kuwait said on Monday it has received a total of 13.3 billion dollars in compensation from Iraq for the 1990 invasion and occupation of the oil-rich emirate by Saddam Hussein's forces. The Public Authority for Compensation said in a statement carried by t

Published 24 Feb, 2009 12:00am

PAC asks Petroleum Ministry to submit gas pricing formula

Public Accounts Committee (PAC) of the National Assembly, acting on the suo moto notice pertaining to exorbitant increase in gas tariff for domestic consumers, on Monday directed the Ministry of Petroleum to submit the gas pricing formula within two weeks

Published 24 Feb, 2009 12:00am

Weekly statement of position of all scheduled banks

Weekly statement of position of all scheduled banks as at the close of business on February 14, 2009.

Published 24 Feb, 2009 12:00am

Bangladesh to buy more military equipment

Bangladesh - with coastal waters believed rich in untapped gas and oil resources - plans substantial buying of military equipment including missiles for the navy, the planning minister said late on Sunday. A.K. Khandaker, a former air force chief, told pa

Published 24 Feb, 2009 12:00am

Israel replaces envoy to Egypt talks

Prime Minister Ehud Olmert will replace Israel's lead envoy to Egyptian-brokered truce talks with Hamas after he publicly criticised the government's negotiating strategy, officials said on Monday. Amos Gilad, an adviser to Defence Minister Ehud Barak, ha

Published 24 Feb, 2009 12:00am

FAML announces dividend for FIGF, FSGF

The Board of Directors of Faysal Asset Management Limited (FAML) has announced an interim cash/bonus dividend of Rs 3.20 per unit (3.20 percent of the par value of Rs 100) for half year ended December 31, 2008 for Faysal Income and Growth Fund (FIGF); and

Published 24 Feb, 2009 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (February 23, 2009).

Published 24 Feb, 2009 12:00am

Kuwait receives $13 billion compensation from Iraq

Kuwait said on Monday it has received a total of 13.3 billion dollars in compensation from Iraq for the 1990 invasion and occupation of the oil-rich emirate by Saddam Hussein's forces. The Public Authority for Compensation said in a statement carried by t

Published 24 Feb, 2009 12:00am

Bangladesh official loses plum job over fruit jibe

Bangladesh's top information official was sacked Monday for ridiculing the country's founding leader in a poem which compared him to a dried plum, an official said. Information secretary A.T.M. Fazlul Karim was sued on Sunday by a ruling party official fo

Published 24 Feb, 2009 12:00am

FAML announces dividend for FIGF, FSGF

The Board of Directors of Faysal Asset Management Limited (FAML) has announced an interim cash/bonus dividend of Rs 3.20 per unit (3.20 percent of the par value of Rs 100) for half year ended December 31, 2008 for Faysal Income and Growth Fund (FIGF); and

Published 24 Feb, 2009 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (February 23, 2009).

Published 24 Feb, 2009 12:00am

Israel replaces envoy to Egypt talks

Prime Minister Ehud Olmert will replace Israel's lead envoy to Egyptian-brokered truce talks with Hamas after he publicly criticised the government's negotiating strategy, officials said on Monday. Amos Gilad, an adviser to Defence Minister Ehud Barak, ha

Published 24 Feb, 2009 12:00am

Six killed in Iraq attacks

Bombers and gunmen killed at least six people in attacks in Iraq on Monday, the interior ministry said. Three people, two of them soldiers, died when gunmen opened fire at an army checkpoint in Ghazaliyah, a mainly Sunni suburb of western Baghdad, a minis

Published 24 Feb, 2009 12:00am

AJK President condoles death of Shujaat's mother

AJK President Raja Zulqarnain Khan has visited the residence of PML-Q Chief Chaudhry Shujaat Hussain in Gujrat and expressed condolence with him over the demise of his mother. The President visited late Sunday and offered fateha for the departed soul besi

Published 24 Feb, 2009 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Monday (February 23, 2009).

Published 24 Feb, 2009 12:00am

Bangladesh official loses plum job over fruit jibe

Bangladesh's top information official was sacked Monday for ridiculing the country's founding leader in a poem which compared him to a dried plum, an official said. Information secretary A.T.M. Fazlul Karim was sued on Sunday by a ruling party official fo

Published 24 Feb, 2009 12:00am

Iraq's National Museum reopens

Iraq's National Museum reopened Monday, six years after it was looted and vandalised in the aftermath of the 2003 US-led invasion.It is estimated that about 15,000 artefacts and antiquities were stolen in the chaos that accompanied Saddam Hussein's oustin

Published 24 Feb, 2009 12:00am

Rich tributes paid to Faiz Ahmed Faiz

The only way to defeat anti-democratic forces and block the way of dictators is to acknowledge and understand Faiz with true spirit of his thoughts and ideals. These views were expressed by Senator Mian Raza Rabbani, Federal Minister for Inter Provincial

Published 24 Feb, 2009 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Monday (February 23, 2009).

Published 24 Feb, 2009 12:00am

Six killed in Iraq attacks

Bombers and gunmen killed at least six people in attacks in Iraq on Monday, the interior ministry said. Three people, two of them soldiers, died when gunmen opened fire at an army checkpoint in Ghazaliyah, a mainly Sunni suburb of western Baghdad, a minis

Published 24 Feb, 2009 12:00am

'Extra US troops to be deployed as fast as possible to Afghanistan'

Around 17,000 extra US troops earmarked for Afghanistan will deploy as fast as possible and thousands more are requested for August elections, the deputy Nato force commander here said Monday. The reinforcements, approved by US President Barack Obama last

Published 24 Feb, 2009 12:00am

FBR detects discrepancies in sales tax/federal excise returns

The Computerised Risk-Based Evaluation of Sales Tax (CREST) of the Federal Board of Revenue (FBR) has detected discrepancies in sales and purchase data declared by some taxpayers in sales tax/federal excise returns.

Published 24 Feb, 2009 12:00am

THE RUPEE: dollar sheds five paisa

Firm trend was seen on the currency market on Monday as the rupee gained modestly in process of trading, dealers said. On the interbank market the rupee gained five paisa in relation to dollar for buying and selling at 79.80 and 79.85, they said.

Published 24 Feb, 2009 12:00am

Iraq's National Museum reopens

Iraq's National Museum reopened Monday, six years after it was looted and vandalised in the aftermath of the 2003 US-led invasion.It is estimated that about 15,000 artefacts and antiquities were stolen in the chaos that accompanied Saddam Hussein's oustin

Published 24 Feb, 2009 12:00am

North deploys new medium-range missiles: Seoul

North Korea has deployed medium-range ballistic missiles that could reach the US Pacific territory of Guam, a South Korean military report said Monday. The newly developed missiles could carry a 650-kilogram warhead 3,000 kilometres, the Defence Ministry

Published 24 Feb, 2009 12:00am

Four suspects arrested

FIA arrested four suspected persons in a raid at a shop in federal capital on Monday in Sector I-9 and shifted them to an unknown place, a private TV channel reported. According to the channel, foreign currency and maps have also been recovered from the p

Published 24 Feb, 2009 12:00am

THE RUPEE: dollar sheds five paisa

Firm trend was seen on the currency market on Monday as the rupee gained modestly in process of trading, dealers said. On the interbank market the rupee gained five paisa in relation to dollar for buying and selling at 79.80 and 79.85, they said.

Published 24 Feb, 2009 12:00am

'Extra US troops to be deployed as fast as possible to Afghanistan'

Around 17,000 extra US troops earmarked for Afghanistan will deploy as fast as possible and thousands more are requested for August elections, the deputy Nato force commander here said Monday. The reinforcements, approved by US President Barack Obama last

Published 24 Feb, 2009 12:00am

Indian government wants to prevent Gandhi auction

The Indian government is drawing up plans to prevent several of Mahatma Gandhi's personal possessions being sold at auction in New York, an official said Monday. A special government committee has met twice to work out how to bring the items back to India

Published 24 Feb, 2009 12:00am

Three gunned down

Unknown gunmen opened fire at a car near Safari Park killing three people on the spot, Aaj TV reported on Monday. According to the channel one person was seriously injured in attack, who was rushed to hospital.

Published 24 Feb, 2009 12:00am

Shipping Co: PAKISTAN NATIONAL SHIPPING CORPORATION - Analysis of Financial Statements Financial Year 2003-June 2008

Pakistan National Shipping Corporation and its subsidiaries were incorporated under the provision of Pakistan National Shipping Corporation Ordinance, 1979 and the Companies Ordinance, 1984 respectively. The board of directors consists of five directors a

Published 24 Feb, 2009 12:00am

North deploys new medium-range missiles: Seoul

North Korea has deployed medium-range ballistic missiles that could reach the US Pacific territory of Guam, a South Korean military report said Monday. The newly developed missiles could carry a 650-kilogram warhead 3,000 kilometres, the Defence Ministry

Published 24 Feb, 2009 12:00am

Nato air strike kills 16 Taliban: police

A Nato air strike in Afghanistan killed up to 16 militants overnight while a twin suicide attack killed a policeman outside a government anti-drugs office, officials said Monday. Afghan security forces called in Nato warplanes to fend off scores of milita

Published 24 Feb, 2009 12:00am

Qureshi arrives in US

Foreign Minister Shah Mahmood Qureshi arrived here on Sunday evening for a four-day visit, during which he will present Pakistan's point of view to top Obama administration officials at meetings planned as part of a wide-ranging review of the US policy to

Published 24 Feb, 2009 12:00am

Shipping Co: PAKISTAN NATIONAL SHIPPING CORPORATION - Analysis of Financial Statements Financial Year 2003-June 2008

Pakistan National Shipping Corporation and its subsidiaries were incorporated under the provision of Pakistan National Shipping Corporation Ordinance, 1979 and the Companies Ordinance, 1984 respectively. The board of directors consists of five directors a

Published 24 Feb, 2009 12:00am

Indian government wants to prevent Gandhi auction

The Indian government is drawing up plans to prevent several of Mahatma Gandhi's personal possessions being sold at auction in New York, an official said Monday. A special government committee has met twice to work out how to bring the items back to India

Published 24 Feb, 2009 12:00am

Human Rights Council passes resolution on financial crisis

The United Nations' Human Rights Council adopted Monday a resolution on the financial crisis, calling for protection of the most vulnerable and for assurances on international aid to developing countries. The resolution received 31 votes in favour from th

Published 24 Feb, 2009 12:00am

India imposes sugar stock limits

India will impose limits on the amount of sugar that can be stocked and may raise the price millers have to pay farmers for cane by up to 50 percent to tame prices and help lift sugar production out of this year's expected slump. After a meeting of the fe

Published 24 Feb, 2009 12:00am

All shares index report

The sector-wise all shares index report on Monday (February 23, 2009).

Published 24 Feb, 2009 12:00am

Nato air strike kills 16 Taliban: police

A Nato air strike in Afghanistan killed up to 16 militants overnight while a twin suicide attack killed a policeman outside a government anti-drugs office, officials said Monday. Afghan security forces called in Nato warplanes to fend off scores of milita

Published 24 Feb, 2009 12:00am

'Slumdog' best in show at Oscars with eight awards

Rags-to-riches drama "Slumdog Millionaire" swept the board at the 81st Academy Awards here Sunday, winning eight Oscars including best picture on a night of high-voltage Hollywood glamor. The feel-good film about a Mumbai tea boy who rises from poverty an

Published 24 Feb, 2009 12:00am

Copper springs back, aluminium tumbles

Copper prices rallied nearly 5 percent on Monday as the dollar slipped and inventories fell, but analysts warned prospects were still gloomy. Aluminium prices fell to $1,285 a tonne, their lowest since late 2001 as stocks hit a record high and the trouble

Published 24 Feb, 2009 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (20 February 2009)

Published 24 Feb, 2009 12:00am

Human Rights Council passes resolution on financial crisis

The United Nations' Human Rights Council adopted Monday a resolution on the financial crisis, calling for protection of the most vulnerable and for assurances on international aid to developing countries. The resolution received 31 votes in favour from th

Published 24 Feb, 2009 12:00am

UAE orders weapons worth $692 million at arms show

The United Arab Emirates announced on Monday the award of military contracts worth 2.54 billion dirhams (692 million dollars), mostly to local companies, during the IDEX 2009 defence show. Two other deals still under negotiation would be worth over 469 mi

Published 24 Feb, 2009 12:00am

Oil settles below $39

Oil prices settled below $39 a barrel on Monday as investors worried about the weak economy and Wall Street stocks dropped. US front-month crude settled at $38.44 a barrel, down $1.59. London Brent crude settled at $40.99 a barrel, down 90 cents. "Overall

Published 24 Feb, 2009 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (20 February 2009)

Published 24 Feb, 2009 12:00am

'Slumdog' best in show at Oscars with eight awards

Rags-to-riches drama "Slumdog Millionaire" swept the board at the 81st Academy Awards here Sunday, winning eight Oscars including best picture on a night of high-voltage Hollywood glamor. The feel-good film about a Mumbai tea boy who rises from poverty an

Published 24 Feb, 2009 12:00am

Germans jam streets to snatch sweets at carnival parades

More than 1 million Germans jammed the streets of Rhine valley cities Monday to view carnival parades and to be showered with sweets in a traditional attempt to dispel winter woes. The biggest of the parades, in Cologne, featured 150 elaborate floats and

Published 24 Feb, 2009 12:00am

Rotterdam vegetable oil prices

Monday's Rotterdam vegetable oil prices at 1700 GMT.

Published 24 Feb, 2009 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Friday (20 February 2009)

Published 24 Feb, 2009 12:00am

UAE orders weapons worth $692 million at arms show

The United Arab Emirates announced on Monday the award of military contracts worth 2.54 billion dirhams (692 million dollars), mostly to local companies, during the IDEX 2009 defence show. Two other deals still under negotiation would be worth over 469 mi

Published 24 Feb, 2009 12:00am

Tycoon prince says Saudi cinemas 'inevitable'

A Saudi prince fighting to have his own films shown in the ultra-conservative country says public movie screenings are "inevitable", despite stiff opposition from religious clerics, local newspapers reported on Monday. Saudi tycoon Prince Al-Walid bin Tal

Published 24 Feb, 2009 12:00am

Rotterdam vegetable oil prices

Monday's Rotterdam vegetable oil prices at 1700 GMT.

Published 24 Feb, 2009 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Monday (February 23, 2009).

Published 24 Feb, 2009 12:00am

Germans jam streets to snatch sweets at carnival parades

More than 1 million Germans jammed the streets of Rhine valley cities Monday to view carnival parades and to be showered with sweets in a traditional attempt to dispel winter woes. The biggest of the parades, in Cologne, featured 150 elaborate floats and

Published 24 Feb, 2009 12:00am

Sterling rises broadly

Sterling rose broadly on Monday, hitting its highest in seven weeks against the Japanese yen, led by rallying stock markets after reports the US government may boost its stake in embattled lender Citigroup. The pound also rose sharply against a weakened e

Published 24 Feb, 2009 12:00am

Early trade: New York cotton rises

Prices of US cotton and frozen concentrated orange juice futures were as follows. May cotton rose 0.21 cent to 44.31 cents per lb at 11:17 am (1617 GMT). Trading from 44.03 to 45.25 cents. Volume at 2,521 lots. Dealings quiet, market stays in range around

Published 24 Feb, 2009 12:00am

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Feb, 2009 12:00am

Tycoon prince says Saudi cinemas 'inevitable'

A Saudi prince fighting to have his own films shown in the ultra-conservative country says public movie screenings are "inevitable", despite stiff opposition from religious clerics, local newspapers reported on Monday. Saudi tycoon Prince Al-Walid bin Tal

Published 24 Feb, 2009 12:00am

Dollar funding spread edges wider

The interbank money market showed some signs of stress on Monday following news that Citigroup is in talks that could see the US government take a bigger stake in the ailing lender. This came a week after several ratings agencies warned a steep slowdown i

Published 24 Feb, 2009 12:00am

Cocoa in London hits five-week low

Cocoa futures in London fell to a five-week low on Monday with the strength of sterling weighing on a market already depressed by improving crop prospects in top producer Ivory Coast and demand concerns, dealers said. A weaker dollar boosted coffee and su

Published 24 Feb, 2009 12:00am

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 24 Feb, 2009 12:00am

Sterling rises broadly

Sterling rose broadly on Monday, hitting its highest in seven weeks against the Japanese yen, led by rallying stock markets after reports the US government may boost its stake in embattled lender Citigroup. The pound also rose sharply against a weakened e

Published 24 Feb, 2009 12:00am

Yen tumbles in London

The yen fell broadly on Monday, with the dollar hitting its highest in nearly three months, as stocks gained on a report that the US government could end up owning up to 40 percent of embattled lender Citigroup. This weighed on the yen in particular, whil

Published 24 Feb, 2009 12:00am

Gold slips in London

Gold fell as much as 2 percent on Monday to a low of $975.00 an ounce as investors cashed in gains after the previous session's rally and stock markets rose. But prices are poised to resume their push higher and could hit new peaks above $1,030 an ounce a

Published 24 Feb, 2009 12:00am

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Feb, 2009 12:00am

Dollar funding spread edges wider

The interbank money market showed some signs of stress on Monday following news that Citigroup is in talks that could see the US government take a bigger stake in the ailing lender. This came a week after several ratings agencies warned a steep slowdown i

Published 24 Feb, 2009 12:00am

Indian markets closed

Indian stock, bond and currency markets are closed on Monday for a local holiday. Trading resumes on Tuesday. On Friday, the 30-share BSE index fell 2.21 percent to 8,843.21, its lowest close since Jan. 22, and registered its biggest weekly fall since Oct

Published 24 Feb, 2009 12:00am

US MIDDAY: cocoa down, coffee higher

US cocoa futures fell to another five-week low in early trade on Monday, on technical pressure following Friday's sharp fall, while arabica coffee climbed on support from the commodity complex, traders said. Arabica coffee for May delivery up 1.20 cents a

Published 24 Feb, 2009 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	155.61
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.27
Euro to USD / Nov 15	1.06

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,906.50
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,861.33
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,065.30
Dow Jones / Nov 15	43,602
Germany DAX 30 / Nov 15	19,211.48

Item	Value
Gold 10 Grams PKR / Nov 14	232,340
Crude Oil USD/Barrel / Nov 15	67.86
Karachi Cotton PKR/37.32 KG / Nov 15	18,085
Gold Spot USD/Ounce / Nov 15	2,567.71
Cotton US¢/pound / Nov 15	69.87
Petrol/Litre / Nov 16	248.38

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▼ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	61.35 ▼ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	114.03 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▼ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.47 ▲ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	61.35 ▲ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	114.03 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	993.93 ▲ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.31 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 16 Worldcall Telecom Limited(WTL)	177,393,273 ▲ 0.00
Hascol Petrol / Nov 16 Hascol Petroleum Limited(HASCOL)	59,224,094 ▲ 0.00
Treet Battery / Nov 16 Treet Battery Limited(TBL)	47,940,702 ▲ 0.00
Sui South Gas / Nov 16 Sui Southern Gas Company Limited(SSGC)	42,748,255 ▲ 0.00
Cnergyico PK / Nov 16 Cnergyico PK Limited(CNERGY)	32,665,062 ▲ 0.00
TPL Properties / Nov 16 TPL Properties Limited(TPLP)	30,497,881 ▲ 0.00
Treet Corp / Nov 16 Treet Corporation Limited(TREET)	29,734,104 ▲ 0.00
Telecard Limited / Nov 16 Telecard Limited(TELE)	29,162,423 ▲ 0.00
Pak Refinery / Nov 16 Pakistan Refinery Limited(PRL)	27,309,247 ▲ 0.00

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