News Archives for Print - 2009-09-03 - Business Recorder

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Print - 2009-09-03

Contract awarded to Al-Khaleej of Dubai: TCP buys 75,000 tons of sugar at $638 per ton

Contract awarded to Al-Khaleej of Dubai: TCP buys 75,000 tons of sugar at $638 per ton

The Trading Corporation of Pakistan on Wednesday finalised deal for import of 75,000 tons refined sugar at $638 per ton. In all, six parties submitted bids, with lowest price of $638.10 per ton and highest $671.40. The TCP accepted the bid of Al-Khaleej,

Published 03 Sep, 2009 12:00am

Indonesia plans to buy additional raw sugar

Indonesia plans to buy additional raw sugar

Indonesia is planning to buy additional raw sugar this year on top of the initial quota of 1.67 million tonnes to ensure the industry has enough stock by year-end, trade minister said on Wednesday. "If traders, users, and producers feel stock is enough, t

Published 03 Sep, 2009 12:00am

Prime Minister strongly supports RPPs

Prime Minister strongly supports RPPs

Prime Minister Yousuf Raza Gilani is reported to have expressed concern during Cabinet meeting on August 26, 2009 that the government would not be sustainable after December 31 if power shortage was not bridged through installation of rental power plants

Published 03 Sep, 2009 12:00am

Oil cake market rates

Oil cake market rates

Upward trend persisted on the forward cottonseed oilcake market on Wednesday in process of trading, dealers said. The December vaida started with a rise of 40 paisa at Rs 899.30, the January contract also gained 30 paisa at Rs 941.50, they said.

Published 03 Sep, 2009 12:00am

Appointment of commercial counsellors: Prime Minister sent names of three 'desired' candidates

Appointment of commercial counsellors: Prime Minister sent names of three 'desired' candidates

The Prime Minister is said to have sent the names of his three 'desired' candidates, from the private sector, to be appointed as commercial counsellors and commercial secretaries, sources told Business Recorder. Sources said that Fawad Ali Shah was

Published 03 Sep, 2009 12:00am

China subsidises soyabean and corn processors

China subsidises soyabean and corn processors

The Chinese government has offered subsidies to processors of some 5.77 million tonnes of corn in four provinces in the north-east, a government document seen by Reuters said. A subsidy of 150 yuan ($21.96) per tonne was offered to corn processors with an

Published 03 Sep, 2009 12:00am

Appointment of commercial counsellors: Prime Minister sent names of three 'desired' candidates

Appointment of commercial counsellors: Prime Minister sent names of three 'desired' candidates

The Prime Minister is said to have sent the names of his three 'desired' candidates, from the private sector, to be appointed as commercial counsellors and commercial secretaries, sources told Business Recorder. Sources said that Fawad Ali Shah was

Published 03 Sep, 2009 12:00am

Spot iron ore sales to China at nine-month low in August

Spot iron ore sales to China at nine-month low in August

Spot iron ore vessel bookings to China in August by the world's two biggest exporters, Australia and Brazil, fell to a 9-month low, indicating strong demand from the world's top steel maker may be slowing as steel prices slump. Vessel bookings from Austra

Published 03 Sep, 2009 12:00am

48-hour ultimatum withdrawn

48-hour ultimatum withdrawn

Pakistan Muslim League (PML-N) called off the 48-hour ultimatum it had given to Pakistan Peoples' Party (PPP), but stands by its demand for restoration of the constitution and trial of former President Pervez Musharraf. Talking to a private TV channel, PM

Published 03 Sep, 2009 12:00am

Egypt's GASC tightens wheat quality specifications

Egypt's GASC tightens wheat quality specifications

Egypt's main state wheat buyer, the General Authority for Supply Commodities (GASC), said on Wednesday it had tightened some quality specifications for its wheat purchases. GASC raised the test weight requirement for US wheat to 58.5 lb a bushel from 58 l

Published 03 Sep, 2009 12:00am

48-hour ultimatum withdrawn

48-hour ultimatum withdrawn

Pakistan Muslim League (PML-N) called off the 48-hour ultimatum it had given to Pakistan Peoples' Party (PPP), but stands by its demand for restoration of the constitution and trial of former President Pervez Musharraf. Talking to a private TV channel, PM

Published 03 Sep, 2009 12:00am

Argentine, Brazil set for big soyabean crops

Argentine, Brazil set for big soyabean crops

Argentina and Brazil are both likely to achieve much larger soyabean crops in early 2010 than their drought-reduced 2009 harvests, Hamburg-based oilseeds analysts Oil World forecast on Tuesday. Argentina's 2009/10 soyabean crop for harvesting in early 201

Published 03 Sep, 2009 12:00am

Saudi Arabia should not be dragged into politics: Nawaz

Saudi Arabia should not be dragged into politics: Nawaz

Without naming any particular political party or group, Pakistan Muslim League-Nawaz Quaid Mohammad Nawaz Sharif on Wednesday suggested that Saudi Arabia should not be dragged into Pakistan's politics. Responding to queries of media men about the visit of

Published 03 Sep, 2009 12:00am

US wheat futures down

US wheat futures down

US wheat futures plunged on Tuesday due to expectations for a bumper harvest of the US spring wheat crop adding to an already large stockpile of supplies amid low demand, traders said. Minneapolis Grain Exchange spring wheat futures led the decline, with

Published 03 Sep, 2009 12:00am

Prime Minister strongly supports RPPs

Prime Minister strongly supports RPPs

Prime Minister Yousuf Raza Gilani is reported to have expressed concern during Cabinet meeting on August 26, 2009 that the government would not be sustainable after December 31 if power shortage was not bridged through installation of rental power plants

Published 03 Sep, 2009 12:00am

Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 94,501 tonnes of cargo including 58,019 tonnes import and 36,482 tonnes export cargo including 3,355 empty and loaded containers during last 24 hours ending at 0700 hours on Wednesday. The cargo comprised of 76,978 tonnes dry carg

Published 03 Sep, 2009 12:00am

Prime Minister strongly supports RPPs

Prime Minister strongly supports RPPs

Prime Minister Yousuf Raza Gilani is reported to have expressed concern during Cabinet meeting on August 26, 2009 that the government would not be sustainable after December 31 if power shortage was not bridged through installation of rental power plants

Published 03 Sep, 2009 12:00am

Aaj TV - Thursday's schedule

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 03 Sep, 2009 12:00am

PSM privatisation to be reopened: National Assembly body summons Shaukat Aziz

PSM privatisation to be reopened: National Assembly body summons Shaukat Aziz

The National Assembly standing committee on privatisation on Wednesday decided to re-open the controversial privatisation transactions carried out by previous regime, and summoned former premier Shaukat Aziz to appear before it and explain the motives for

Published 03 Sep, 2009 12:00am

New York cotton

New York cotton

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

Published 03 Sep, 2009 12:00am

PSM privatisation to be reopened: National Assembly body summons Shaukat Aziz

PSM privatisation to be reopened: National Assembly body summons Shaukat Aziz

The National Assembly standing committee on privatisation on Wednesday decided to re-open the controversial privatisation transactions carried out by previous regime, and summoned former premier Shaukat Aziz to appear before it and explain the motives for

Published 03 Sep, 2009 12:00am

Karachi interbank rates

Karachi interbank rates

Karachi interbank rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Foreigners keep interest alive

Foreigners keep interest alive

Bullish trend continued at Karachi share market on Wednesday and KSE-100 index gained 109.40 points to close at 8,878.64 points against 8,769.24 points on the back of continuing interest of foreign investors who remained net buyers of shares worth $15.10

Published 03 Sep, 2009 12:00am

New York cotton

New York cotton

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

Published 03 Sep, 2009 12:00am

Foreigners keep interest alive

Foreigners keep interest alive

Bullish trend continued at Karachi share market on Wednesday and KSE-100 index gained 109.40 points to close at 8,878.64 points against 8,769.24 points on the back of continuing interest of foreign investors who remained net buyers of shares worth $15.10

Published 03 Sep, 2009 12:00am

State Bank of Pakistan conversion rates

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 03 Sep, 2009 12:00am

Foreigners keep interest alive

Foreigners keep interest alive

Bullish trend continued at Karachi share market on Wednesday and KSE-100 index gained 109.40 points to close at 8,878.64 points against 8,769.24 points on the back of continuing interest of foreign investors who remained net buyers of shares worth $15.10

Published 03 Sep, 2009 12:00am

Barclays bid rates and maximum rates for payment of interest

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 03 Sep, 2009 12:00am

PSM privatisation to be reopened: National Assembly body summons Shaukat Aziz

PSM privatisation to be reopened: National Assembly body summons Shaukat Aziz

The National Assembly standing committee on privatisation on Wednesday decided to re-open the controversial privatisation transactions carried out by previous regime, and summoned former premier Shaukat Aziz to appear before it and explain the motives for

Published 03 Sep, 2009 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Fuel supplies to IPPs: PSO needs Rs 158 billion by October 31 to avoid L/Cs' default

Fuel supplies to IPPs: PSO needs Rs 158 billion by October 31 to avoid L/Cs' default

The cash starved Oil Marketing Company (OMC), Pakistan State Oil (PSO), has warned the Ministry of Finance (MoF) that its letter of credits (L/Cs) for oil import will default if the ministry did not arrange Rs 158 billion by October 31 to maintain fuel su

Published 03 Sep, 2009 12:00am

Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Fuel supplies to IPPs: PSO needs Rs 158 billion by October 31 to avoid L/Cs' default

Fuel supplies to IPPs: PSO needs Rs 158 billion by October 31 to avoid L/Cs' default

The cash starved Oil Marketing Company (OMC), Pakistan State Oil (PSO), has warned the Ministry of Finance (MoF) that its letter of credits (L/Cs) for oil import will default if the ministry did not arrange Rs 158 billion by October 31 to maintain fuel su

Published 03 Sep, 2009 12:00am

LIBOR calculating interest on US dollar

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

PAKSAT-1R project: Chinese bank to give concessional loan

PAKSAT-1R project: Chinese bank to give concessional loan

Export-Import Bank of China will provide concessional loan, amounting to Renminbi 1.35 billion Yuan (199 million dollars at current currency exchange rate) to implement new communication satellite, PAKSAT-1R project. Pakistan''s Communication Space Craft'

Published 03 Sep, 2009 12:00am

Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

PAKSAT-1R project: Chinese bank to give concessional loan

PAKSAT-1R project: Chinese bank to give concessional loan

Export-Import Bank of China will provide concessional loan, amounting to Renminbi 1.35 billion Yuan (199 million dollars at current currency exchange rate) to implement new communication satellite, PAKSAT-1R project. Pakistan's Communication Space Craft's

Published 03 Sep, 2009 12:00am

Bill buying rates per unit of currency

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 Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

PAKSAT-1R project: Chinese bank to give concessional loan

PAKSAT-1R project: Chinese bank to give concessional loan

Export-Import Bank of China will provide concessional loan, amounting to Renminbi 1.35 billion Yuan (199 million dollars at current currency exchange rate) to implement new communication satellite, PAKSAT-1R project. Pakistan's Communication Space Craft's

Published 03 Sep, 2009 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

BRIndex30 up 138.28 points

BRIndex30 up 138.28 points

On Wednesday, the BRIndex30 opened in the green zone at 8,139.23 and remained there for whole of the trading time. It closed at 8,278.26 with a net positive change of 138.28 points and percentage change of 1.70. It experienced intra-day high of 8,329.06 a

Published 03 Sep, 2009 12:00am

Banks' rates for currency notes (buying and selling)

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 Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

BRIndex30 up 138.28 points

BRIndex30 up 138.28 points

On Wednesday, the BRIndex30 opened in the green zone at 8,139.23 and remained there for whole of the trading time. It closed at 8,278.26 with a net positive change of 138.28 points and percentage change of 1.70. It experienced intra-day high of 8,329.06 a

Published 03 Sep, 2009 12:00am

Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Bulls in command at ISE

Bulls in command at ISE

Bulls commanded the proceedings at the Islamabad Stock Exchange (ISE) on Wednesday where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index. ISE Ten Index showed an improvement of 19.81 points from

Published 03 Sep, 2009 12:00am

Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Bulls in command at ISE

Bulls in command at ISE

Bulls commanded the proceedings at the Islamabad Stock Exchange (ISE) on Wednesday where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index. ISE Ten Index showed an improvement of 19.81 points from

Published 03 Sep, 2009 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

LSE index gins 42.08 points

LSE index gins 42.08 points

Bullish rally continued on Wednesday on Lahore Stock Exchange and the equities registered further gains on account of foreign buying support in blue chips including oil and banking sectors. The LSE-25 index improved by 42.08 points and closed at 2818.05 a

Published 03 Sep, 2009 12:00am

Currency values in terms of Special Drawing Rights

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 03 Sep, 2009 12:00am

LSE index gins 42.08 points

LSE index gins 42.08 points

Bullish rally continued on Wednesday on Lahore Stock Exchange and the equities registered further gains on account of foreign buying support in blue chips including oil and banking sectors. The LSE-25 index improved by 42.08 points and closed at 2818.05 a

Published 03 Sep, 2009 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Wednesday (September 02, 2009)

Published 03 Sep, 2009 12:00am

Eid on Monday September 21

Eid on Monday September 21

The new Shawwal moon should be sighted on September 20 (Sunday), according to astronomical parameters. Therefore, Shawwal One, 1430 AH should fall on Monday (September 21). The moon will cross the conjunction line on September 19 (Saturday) at 0044 Pakist

Published 03 Sep, 2009 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Wednesday (September 02, 2009)

Published 03 Sep, 2009 12:00am

Eid on Monday September 21

Eid on Monday September 21

The new Shawwal moon should be sighted on September 20 (Sunday), according to astronomical parameters. Therefore, Shawwal One, 1430 AH should fall on Monday (September 21). The moon will cross the conjunction line on September 19 (Saturday) at 0044 Pakist

Published 03 Sep, 2009 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Wednesday (September 02, 2009)

Published 03 Sep, 2009 12:00am

Fuel supplies to IPPs: PSO needs Rs 158 billion by October 31 to avoid L/Cs'' default

Fuel supplies to IPPs: PSO needs Rs 158 billion by October 31 to avoid L/Cs'' default

The cash starved Oil Marketing Company (OMC), Pakistan State Oil (PSO), has warned the Ministry of Finance (MoF) that its letter of credits (L/Cs) for oil import will default if the ministry did not arrange Rs 158 billion by October 31 to maintain fuel su

Published 03 Sep, 2009 12:00am

NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Attack on religious minister: hundreds of faithful throng Kazmi's home

Attack on religious minister: hundreds of faithful throng Kazmi's home

Hundreds of workers of Sunni-Tehrik, Nizam-i-Mustafa Party and students of Jamia Anwar-ul-Aloom thronged to the residence of Allama Mazhar Saeed Kazmi, elder brother of Allama Ahmed Saeed Kazmi, Federal Minister for religious affairs who was injured in fi

Published 03 Sep, 2009 12:00am

NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Qaddhafi decorates Gilani with gold medallion

Qaddhafi decorates Gilani with gold medallion

Libyan leaden Moammar al Qaddhafi has conferred a gold medallion on Prime Minister Syed Yousuf Raza Gilani commemorating the 40th anniversary of Al-Fateh revolution. The Prime Minister was decorated with the award in a ceremony here, where it was announce

Published 03 Sep, 2009 12:00am

NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Qaddhafi decorates Gilani with gold medallion

Qaddhafi decorates Gilani with gold medallion

Libyan leaden Moammar al Qaddhafi has conferred a gold medallion on Prime Minister Syed Yousuf Raza Gilani commemorating the 40th anniversary of Al-Fateh revolution. The Prime Minister was decorated with the award in a ceremony here, where it was announce

Published 03 Sep, 2009 12:00am

NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Five killed in Mohmand Agency

Five killed in Mohmand Agency

Mortar shells fired from undisclosed location left five people dead in tehsil Ambar, Mohmand Agency late Tuesday. Reporting reaching here said that Gul Muhammad, Sher Muhammad and Walayat Khan were killed when their houses were hit by the mortar shells in

Published 03 Sep, 2009 12:00am

NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Asia's poorest to be worst hit by climate change: ADB

Asia's poorest to be worst hit by climate change: ADB

Climate change threatens to bring food and water shortages to 1.6 billion people in South Asia, with the region's poorest likely to be worst hit, the Asian Development Bank (ADB) said here Wednesday. New research commissioned by the ADB shows that if curr

Published 03 Sep, 2009 12:00am

NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Asia's poorest to be worst hit by climate change: ADB

Asia's poorest to be worst hit by climate change: ADB

Climate change threatens to bring food and water shortages to 1.6 billion people in South Asia, with the region's poorest likely to be worst hit, the Asian Development Bank (ADB) said here Wednesday. New research commissioned by the ADB shows that if curr

Published 03 Sep, 2009 12:00am

NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Restoration of anti-smuggling check posts: Tarin accepts FBR Proposal

Restoration of anti-smuggling check posts: Tarin accepts FBR Proposal

The Minister of Finance, Shaukat Tarin, has accepted a proposal of Federal Board of Revenue (FBR) to restore anti-smuggling check posts across the country. Sources told Business Recorder here on Wednesday that at present anti-smuggling posts are no

Published 03 Sep, 2009 12:00am

NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Iftar dinner held at White House: Obama acknowledges American Muslims contribution

Iftar dinner held at White House: Obama acknowledges American Muslims contribution

President Barack Obama on Tuesday lauded American Muslims for their numerous contributions to United States' development as he hosted an Iftar dinner at the White House. "Like the broader American citizenry, the American Muslim community is one of extraor

Published 03 Sep, 2009 12:00am

NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Iftar dinner held at White House: Obama acknowledges American Muslims contribution

Iftar dinner held at White House: Obama acknowledges American Muslims contribution

President Barack Obama on Tuesday lauded American Muslims for their numerous contributions to United States' development as he hosted an Iftar dinner at the White House. "Like the broader American citizenry, the American Muslim community is one of extraor

Published 03 Sep, 2009 12:00am

NJLI CAPITAL VALUE FUND RATES

NJLI CAPITAL VALUE FUND RATES

NJLI Capital Value Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Spy chief among 23 killed in Taliban suicide blast

Spy chief among 23 killed in Taliban suicide blast

A Taliban suicide bomber killed Afghanistan's deputy chief of intelligence during a visit to a mosque east of Kabul on Wednesday in an attack that left 22 others dead. The bombing, which occurred in the Islamic holy month of Ramadan, struck at the heart o

Published 03 Sep, 2009 12:00am

NJLI CAPITAL VALUE FUND RATES

NJLI CAPITAL VALUE FUND RATES

NJLI Capital Value Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Spy chief among 23 killed in Taliban suicide blast

Spy chief among 23 killed in Taliban suicide blast

A Taliban suicide bomber killed Afghanistan's deputy chief of intelligence during a visit to a mosque east of Kabul on Wednesday in an attack that left 22 others dead. The bombing, which occurred in the Islamic holy month of Ramadan, struck at the heart o

Published 03 Sep, 2009 12:00am

NJLI CAPITAL VALUE FUND RATES

NJLI CAPITAL VALUE FUND RATES

NJLI Capital Value Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Cabinet may approve 'Marine Insurance Bill 2009' draft

Cabinet may approve 'Marine Insurance Bill 2009' draft

The Cabinet is likely to approve the draft of 'Pakistan Marine Insurance Bill 2009', aimed at enacting Pakistan's own marine law and removing contradictions, sources in Commerce Ministry told Business Recorder. They said that the existing statute f

Published 03 Sep, 2009 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Saudi King, others calming turbulent waters

Saudi King, others calming turbulent waters

Pakistani establishment, Saudi King Abdullah and other international stakeholders who were guarantors of the 'deal' that specified no action against Musharraf after his resignation, are said to be engaged in calming the turbulent waters of the Pakistani p

Published 03 Sep, 2009 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Saudi King, others calming turbulent waters

Saudi King, others calming turbulent waters

Pakistani establishment, Saudi King Abdullah and other international stakeholders who were guarantors of the 'deal' that specified no action against Musharraf after his resignation, are said to be engaged in calming the turbulent waters of the Pakistani p

Published 03 Sep, 2009 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Search for Indian politician after chopper goes missing

Search for Indian politician after chopper goes missing

Indian authorities launched a massive search operation after a helicopter carrying a powerful politician from a southern state went missing amid heavy rains Wednesday, officials said.YS Rajasekhara Reddy, chief minister of Andhra Pradesh state, remained u

Published 03 Sep, 2009 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Search for Indian politician after chopper goes missing

Search for Indian politician after chopper goes missing

Indian authorities launched a massive search operation after a helicopter carrying a powerful politician from a southern state went missing amid heavy rains Wednesday, officials said.YS Rajasekhara Reddy, chief minister of Andhra Pradesh state, remained u

Published 03 Sep, 2009 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

World's first baby born through egg-screening technique

World's first baby born through egg-screening technique

Meet Oliver, the first baby in the world born using a new egg-screening technique that could double the odds of an implanted embryo taking hold in the womb, unveiled by British experts Wednesday. Baby Oliver was born in Britain to a 41-year-old woman afte

Published 03 Sep, 2009 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

World's first baby born through egg-screening technique

World's first baby born through egg-screening technique

Meet Oliver, the first baby in the world born using a new egg-screening technique that could double the odds of an implanted embryo taking hold in the womb, unveiled by British experts Wednesday. Baby Oliver was born in Britain to a 41-year-old woman afte

Published 03 Sep, 2009 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

UK keen to invest in Pakistan: Gibson

UK keen to invest in Pakistan: Gibson

British Deputy High Commissioner, Robert W Gibson has said that British companies working in Pakistan were having continued interest to work as well as looking forward to expand their business in future. Speaking at a meeting of Karachi Chamber of Commerc

Published 03 Sep, 2009 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

UK keen to invest in Pakistan: Gibson

UK keen to invest in Pakistan: Gibson

British Deputy High Commissioner, Robert W Gibson has said that British companies working in Pakistan were having continued interest to work as well as looking forward to expand their business in future. Speaking at a meeting of Karachi Chamber of Commerc

Published 03 Sep, 2009 12:00am

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 03 Sep, 2009 12:00am

UK keen to invest in Pakistan: Gibson

UK keen to invest in Pakistan: Gibson

British Deputy High Commissioner, Robert W Gibson has said that British companies working in Pakistan were having continued interest to work as well as looking forward to expand their business in future. Speaking at a meeting of Karachi Chamber of Commerc

Published 03 Sep, 2009 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Wednesday (September 02, 2009).

Published 03 Sep, 2009 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 25	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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