News Archives for Print - 2009-10-15

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

Un-parliamentary language: National Assembly Deputy Speaker suspends membership of Faisal, Dashti

Deputy Speaker of the National Assembly, Faisal Karim Kundi has suspended the membership of Parliamentary Leader of PML-Q Makhdoom Faisal Saleh Hayat for one day and Jamshed Ahmed Dasti of PPP for rest of the days of the on-going session as they used un-p

Published 15 Oct, 2009 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Wednesday (October 14, 2009)

Published 15 Oct, 2009 12:00am

Arbab urges transporters to avoid overloading on national highways

Federal Minister for Communication Dr Arbab Alamgir Khan Khalil on Wednesday said that goods transporters and bus stand owners should also play their role in the safety and security of the national highways because overloading is not only illegal but also

Published 15 Oct, 2009 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Wednesday (October 14, 2009)

Published 15 Oct, 2009 12:00am

SECP not taken any disciplinary action against its commissioners: National Assembly informed

The Securities and Exchange Commission of Pakistan (SECP) has not taken any disciplinary action against its commissioners. In a written reply, Minister for Finance Shaukat Train informed the National Assembly here on Wednesday that gross salary of Salman

Published 15 Oct, 2009 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Wednesday (October 14, 2009)

Published 15 Oct, 2009 12:00am

Private schools' role lauded

The Director Private Institutions Sindh Mansoob Ahmed Siddiqui has said that the private educational institutes are playing significant role in educating the masses and are playing key role for achieving the target of 80 percent literacy rate in the count

Published 15 Oct, 2009 12:00am

US treasuries bid yields

US treasuries bid yields on Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

Malik rejects existence of 'Quetta Shoora'

Federal Minister for Interior, Rehman Malik has rejected the rumours regarding the existence of 'Quetta Shoora' saying that such Shoora' does not exist on ground and all what is being propagated in this regard is based on speculations.

Published 15 Oct, 2009 12:00am

US treasuries bid yields

US treasuries bid yields on Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

FBR auditors stage protest to vent grievances

FBR Auditors and Senior Auditors Welfare Association has rejected the impression created by the Federal Board of Revenue (FBR) that auditors and senior auditors would perform their duties under the Audit Wing of the FBR.

Published 15 Oct, 2009 12:00am

US treasuries bid yields

US treasuries bid yields on Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

International White Cane Safety Day observed

International White Cane Safety Day is being observed all over Pakistan, like other parts of the world, on Thursday to create awareness about the white cane among general public. The Punjab government is leaving no stone unturned in resolving the issues o

Published 15 Oct, 2009 12:00am

US treasuries bid prices

US treasuries bid prices on Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

NFC settles decade old pending issues: Tarin

Minister of Finance Shaukat Tarin said here on Wednesday that the National Finance Commission (NFC) has been able to resolve pending issues like Net Hydel profit for NWFP, Gas Development Surcharge (GDS) for Balochistan, General Sales Tax on Services for

Published 15 Oct, 2009 12:00am

US treasuries bid prices

US treasuries bid prices on Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

Arts festival: government requested to provide assistance

Director, Rafi Peer Theatre Workshop, Faizan Peerzada has said that they have requested the government to provide financial assistance for organising Asia's largest performing arts festival which brings together the people, their art and their cultures.

Published 15 Oct, 2009 12:00am

US treasuries bid prices

US treasuries bid prices on Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

PML-N decides to contest Gilgit-Baltistan elections

Pakistan Muslim League-Nawaz (PML-N) has decided to contest Gilgit-Baltistan elections and it will nominate its candidates on all the seats in the five districts of the newly created region, said Siddiqu Al-Farooq spokesman of PML-N.

Published 15 Oct, 2009 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 15 Oct, 2009 12:00am

Speakers call for cancellation of debts

The debt of developing countries of the world in 1970 were about $70 billion and has surged to $2800 billion in 2006, increasing 40 times in the last 35 years, seminar on 'Rising Debts of Pakistan and role of IMF' told on Wednesday.

Published 15 Oct, 2009 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

WFP needs $30 million for food to IDPs

The United Nation's World Food Programme (WFP) in Pakistan has warned that it is running short of almost $30 million required for purchase of edible oil and food to be provided to the Internally Displaced Persons (IDPs), schools and health units till the

Published 15 Oct, 2009 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

Nepra imposes Rs 0.6 million fine on KESC for poor performance

The National Electric Power Regulatory Authority (Nepra) has imposed a fine of Rs 0.3 million on Karachi Electric Supply Company Limited (KESC) for poor performance. This is the first time that Nepra has exercised its powers to slap a penalty on any power

Published 15 Oct, 2009 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

Indonesian embassy team visits Siratul Jannah Trust

A delegation of the Wives of Indonesian Embassy Staff (Dharma Wanita) visited the Siratul Jannah Trust in Murree. Madam Butar Latuconsina, wife of the Indonesian Ambassador headed the association's delegation.

Published 15 Oct, 2009 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

Minister says no registered Afghan DPs to be arrested

Najamuddin Khan Federal Minister for States and Frontier Regions has assured Mengesha Kebede UNHCR representative in Pakistan, that no registered Afghan refugee, possessing POR card, will be arrested or deported unless involved in criminal activities. UNH

Published 15 Oct, 2009 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 Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

Pfizer-Wyeth tie-up gets tentative US approval

US regulators gave tentative approval Wednesday to a deal allowing Pfizer to buy pharmaceutical Wyeth, boosting the size of the world''s biggest drugmaker. The Federal Trade Commission said it would approve the 68-billion-dollar deal but require "signific

Published 15 Oct, 2009 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 Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

Pfizer-Wyeth tie-up gets tentative US approval

US regulators gave tentative approval Wednesday to a deal allowing Pfizer to buy pharmaceutical Wyeth, boosting the size of the world's biggest drugmaker. The Federal Trade Commission said it would approve the 68-billion-dollar deal but require "significa

Published 15 Oct, 2009 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 Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

Pfizer-Wyeth tie-up gets tentative US approval

US regulators gave tentative approval Wednesday to a deal allowing Pfizer to buy pharmaceutical Wyeth, boosting the size of the world's biggest drugmaker. The Federal Trade Commission said it would approve the 68-billion-dollar deal but require "significa

Published 15 Oct, 2009 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

Top HSBC banker jailed in Britain for killing wife

A top banker with HSBC was jailed for eight years by a court in London on Wednesday for strangling his wife during a row after she said she wanted a divorce. Neil Ellerbeck, a chief investment officer for HSBC Asset Management, was described as "secretive

Published 15 Oct, 2009 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

Top HSBC banker jailed in Britain for killing wife

A top banker with HSBC was jailed for eight years by a court in London on Wednesday for strangling his wife during a row after she said she wanted a divorce. Neil Ellerbeck, a chief investment officer for HSBC Asset Management, was described as "secretive

Published 15 Oct, 2009 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 Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

Scientists unveil map of genome's chemical switches

Scientists have unveiled the first detailed map of the epigenome, the network of chemical switches that regulates activation of human genes, according to a study to be published Thursday. The decoding of the human genome nearly a decade ago laid bare the

Published 15 Oct, 2009 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

Scientists unveil map of genome's chemical switches

Scientists have unveiled the first detailed map of the epigenome, the network of chemical switches that regulates activation of human genes, according to a study to be published Thursday. The decoding of the human genome nearly a decade ago laid bare the

Published 15 Oct, 2009 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

90,000 flee South Waziristan fearing anti-Taliban push

Tens of thousands of civilians have fled South Waziristan region fearing an imminent army offensive against Taliban militants, officials said on Wednesday. Military and government officials vowed in June to launch an operation into the mountainous north-w

Published 15 Oct, 2009 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 15 Oct, 2009 12:00am

90,000 flee South Waziristan fearing anti-Taliban push

Tens of thousands of civilians have fled South Waziristan region fearing an imminent army offensive against Taliban militants, officials said on Wednesday. Military and government officials vowed in June to launch an operation into the mountainous north-w

Published 15 Oct, 2009 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 15 Oct, 2009 12:00am

Taliban criticise Obama's Nobel Peace Prize

The Pakistani Taliban has criticised the decision to award Barack Obama the Nobel Peace Prize saying the US president should have received a ``villain of peace'' award instead. Taliban spokesman Azam Tariq said that Obama, who has beefed up the US militar

Published 15 Oct, 2009 12:00am

Karachi interbank rates

Karachi interbank rates on Wednesday (October 14, 2009).

Published 15 Oct, 2009 12:00am

Taliban criticise Obama's Nobel Peace Prize

The Pakistani Taliban has criticised the decision to award Barack Obama the Nobel Peace Prize saying the US president should have received a ``villain of peace' award instead. Taliban spokesman Azam Tariq said that Obama, who has beefed up the US military

Published 15 Oct, 2009 12:00am

New York cotton

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

Published 15 Oct, 2009 12:00am

Rally to hail Shahbaz's decision

All Pakistan Clerks Association (APCA), Punjab Teachers Union (PTU), Punjab SES Teachers Association, Punjab Lecturers and Professional Association (PLPA), Pakistan Medical Association (PMA), Government Employees Welfare Association (GEWA) have widely hai

Published 15 Oct, 2009 12:00am

New York cotton

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

Published 15 Oct, 2009 12:00am

Meeting of Cabinet body on SAFRON held

An introductory meeting of the Cabinet committee on SAFRON was held in the Minister's chamber, Parliament House, under the chairmanship of Minister for Labour & Manpower, Syed Khurshid Ahmad Shah, here on Wednesday. The committee looked into various issue

Published 15 Oct, 2009 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 15 Oct, 2009 12:00am

World has failed to tackle hunger for 20 years: survey

The world has failed to reduce hunger over the past decades, a survey released on Wednesday said, with the global financial and food crises threatening to cancel out small recent gains. "Twenty-nine countries around the world have alarming or extremely al

Published 15 Oct, 2009 12:00am

Rescue 1122: A Life Saving Force

Emergency Services Day (October 14, 2009): The Punjab Emergency Service was started as an Emergency Ambulance Service pilot project from Lahore in 2004. Keeping in view the failure of repeated attempts to revitalise and modernise the Civil Defence

Published 15 Oct, 2009 12:00am

World has failed to tackle hunger for 20 years: survey

The world has failed to reduce hunger over the past decades, a survey released on Wednesday said, with the global financial and food crises threatening to cancel out small recent gains. "Twenty-nine countries around the world have alarming or extremely al

Published 15 Oct, 2009 12:00am

FOB Gulf wheat steady to weak; corn and soya flat

US wheat export premiums at the Gulf of Mexico were steady to weak on Tuesday amid sluggish demand and abundant world supplies, while corn and soyabean premiums were unchanged, traders said. Wheat export outlook remains lacklustre despite a weak US dollar

Published 15 Oct, 2009 12:00am

World has failed to tackle hunger for 20 years: survey

The world has failed to reduce hunger over the past decades, a survey released on Wednesday said, with the global financial and food crises threatening to cancel out small recent gains. "Twenty-nine countries around the world have alarming or extremely al

Published 15 Oct, 2009 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 113,391 tonnes of cargo including 64,566 tonnes import and 48,825 tonnes export cargo including 4,017 empty and loaded containers during last 24 hours ending at 0700 hours on Wednesday. The cargo comprised of 95,513 tonnes dry car

Published 15 Oct, 2009 12:00am

Shah Balighuddin dies

Shah Baligh-uddin Sahib died on 9th October 2009 at Mississauga, Ontario, Canada. He was born at Warangal (State of Hyderabad Deccan) and started his early education there. Later Shah Sahib moved to City of Hyderabad (Deccan) to complete his studies from

Published 15 Oct, 2009 12:00am

India's September vegetable oil imports up

India's vegetable oil imports in September rose 35.5 percent from a year earlier to an all-time high of 905,192 tonnes and imports were on track to set a new full-year record, a leading trading body said on Wednesday. The surge was led by an unexpected 39

Published 15 Oct, 2009 12:00am

Shah Balighuddin dies

Shah Baligh-uddin Sahib died on 9th October 2009 at Mississauga, Ontario, Canada. He was born at Warangal (State of Hyderabad Deccan) and started his early education there. Later Shah Sahib moved to City of Hyderabad (Deccan) to complete his studies from

Published 15 Oct, 2009 12:00am

Kenyan tea prices jump

Kenyan tea prices jumped to a new record high at this week's auction on renewed demand, brokers said on Wednesday. The average price for Best BP1s leapt to $5.02 per kg from last week's record of $4.47 per kg and another high of $4.31 per kg at the previo

Published 15 Oct, 2009 12:00am

Zarco CEO's bail petition hearing put off till October 31

The Lahore High Court (LHC) here on Wednesday adjourned to October 21 the hearing of a bail application moved by company Zarco Chief Executive Lakht-e-Hussnain for October 21 after FIA's counsel sought time. The accused through his counsel has pleaded tha

Published 15 Oct, 2009 12:00am

US wheat futures rise

US wheat futures closed higher on Tuesday, rallying above $5 per bushel for the first time since August 7 on short-covering and technical fund buying with a weak dollar also providing support. CBOT December up 17 cents at $5.11-1/4. Funds bought 6,000 lot

Published 15 Oct, 2009 12:00am

ISE index up 32 points

Bulls remained in the front seat at the Islamabad Stock Exchange (ISE), where equities showed healthy signs under the lead of hot favourite amid increase in the index. ISE Ten Index was up by 32.00 points, as the Index moved from 2,261.21 to 2,293.21 poin

Published 15 Oct, 2009 12:00am

Indonesia's cocoa mid-crop seen 14 percent up

Indonesia's cocoa mid-crop is estimated at 185,000-200,000 tonnes this year, an increase of 14 percent from a year ago thanks to less rainfall which slowed the spread of diseases, an industry official said on Wednesday. A bigger mid-crop would lift annual

Published 15 Oct, 2009 12:00am

ISE index up 32 points

Bulls remained in the front seat at the Islamabad Stock Exchange (ISE), where equities showed healthy signs under the lead of hot favourite amid increase in the index. ISE Ten Index was up by 32.00 points, as the Index moved from 2,261.21 to 2,293.21 poin

Published 15 Oct, 2009 12:00am

China's soyabean imports fall in September

China's soyabean imports fell to 2.75 million tonnes in September, dropping to their lowest since October last year in what traders said was a necessary but brief pause in this year's buying spree. Imports fell for a third month after touching a record 4.

Published 15 Oct, 2009 12:00am

LSE index gains 40.75 points

Bullish sentiment dominated on Lahore Stock Exchange on Wednesday and the equities registered gains across the board amid ascending transaction volume on account of fresh buying in oil, banking and insurance sectors. The LSE-25 index rose to 3005.23 point

Published 15 Oct, 2009 12:00am

US Midwest bids for corn and soya steady to lower

Spot basis bids for corn and soyabeans were mostly steady to lower at processors and elevators around the US Midwest on Tuesday following an uptick in farmer selling over the past two days, dealers said. Farmers actively sold both commodities Tuesday even

Published 15 Oct, 2009 12:00am

LSE index gains 40.75 points

Bullish sentiment dominated on Lahore Stock Exchange on Wednesday and the equities registered gains across the board amid ascending transaction volume on account of fresh buying in oil, banking and insurance sectors. The LSE-25 index rose to 3005.23 point

Published 15 Oct, 2009 12:00am

Oil cake market rates

Bullish trend persisted on the forward cottonseed oilcake market on Wednesday due to strong demand, dealers said. The December vaida, which closed at 905.70, opened with slight gain of 50 paisa at Rs 906.20 and the January contract also moved up as it clo

Published 15 Oct, 2009 12:00am

Unreasonable to say Taliban do not exist in Quetta: US CG

Terrorism anywhere needs to be eliminated. This was stated by US Consul General Stephen Fakan while speaking to newsmen here on Wednesday. Replying to a question about the drone attacks in Balochistan, he said it is misunderstanding. Pakistan Army was fig

Published 15 Oct, 2009 12:00am

Spot rate raised further amid panic buying on cotton market

Panic buying was seen on the cotton market on Wednesday as mills and exporters both were active to cover the forward buying, dealers said. The official spot rate was up by Rs 25 to Rs 3525 for the third day in a row. Phutti prices in Sindh also rose by Rs

Published 15 Oct, 2009 12:00am

Unreasonable to say Taliban do not exist in Quetta: US CG

Terrorism anywhere needs to be eliminated. This was stated by US Consul General Stephen Fakan while speaking to newsmen here on Wednesday. Replying to a question about the drone attacks in Balochistan, he said it is misunderstanding. Pakistan Army was fig

Published 15 Oct, 2009 12:00am

Lean business, a few changes on grain market

only a few changes were seen on the wholesale grain and seed market on Wednesday as most of the commodities maintained the overnight levels, dealers said. On the seed side, cottonseed oilcake with bag Sindh low type rose by Rs 10 to Rs 960 while the good

Published 15 Oct, 2009 12:00am

Tarin to discuss sugar crisis, long-term policy: inter-provincial meeting on October 19

Sugar has disappeared from the retail markets after the government notified its price at Rs 40 per kg in the light of the decision of the Supreme Court of Pakistan. Finance Minister Shaukat Tarin has convened an inter-provincial meeting on October 19 to d

Published 15 Oct, 2009 12:00am

Kirana items move both ways on Jodia Bazar

The trading in Kirana items moved both ways on Jodia Bazar here on Wednesday. The following changes were noted.

Published 15 Oct, 2009 12:00am

Tarin to discuss sugar crisis, long-term policy: inter-provincial meeting on October 19

Sugar has disappeared from the retail markets after the government notified its price at Rs 40 per kg in the light of the decision of the Supreme Court of Pakistan. Finance Minister Shaukat Tarin has convened an inter-provincial meeting on October 19 to d

Published 15 Oct, 2009 12:00am

Malaysian tin rises

Malaysian tin was up 0.2 percent on Wednesday, bucking the trend on the London Metal Exchange, with buying from Japan and Europe supporting the market, one dealer said.

Published 15 Oct, 2009 12:00am

Tarin to discuss sugar crisis, long-term policy: inter-provincial meeting on October 19

Sugar has disappeared from the retail markets after the government notified its price at Rs 40 per kg in the light of the decision of the Supreme Court of Pakistan. Finance Minister Shaukat Tarin has convened an inter-provincial meeting on October 19 to d

Published 15 Oct, 2009 12:00am

US rice gains

US rice futures on the Chicago Board of Trade closed higher on Tuesday with support from a falling dollar. CBOT November up 10-1/2 cents per cwt at $13.90. Manila's early rice buying unlikely to trigger panic. Indonesia revises upward 2009 rice output, ey

Published 15 Oct, 2009 12:00am

Terrorist attack on GHQ: police requested to seal FIR?

Army has requested the police to "seal" the FIR of the terrorist attack on the GHQ and cease any investigation till the completion of a departmental inquiry, police sources told Business Recorder on Wednesday. The Military spokesman Major General A

Published 15 Oct, 2009 12:00am

Indonesia may not meet sugar import plan

Indonesian state firm PT Perkebunan Nusantara II (PTPN II) said on Wednesday it may not meet its plan to import 60,000 tonnes of raw sugar this year because it had not secured importers for the total amount. Importing firm Usaha Baru would buy only 20,000

Published 15 Oct, 2009 12:00am

SCO urged to focus on trans-regional cooperation

Prime Minister Syed Yousuf Raza Gilani on Wednesday urged the Shanghai Co-operation Organisation (SCO) to adopt a shared vision of trans-regional co-operation to achieve peace and development in the region. "I have no doubt that by collective wisdom and c

Published 15 Oct, 2009 12:00am

Tokyo rubber soars

Key Tokyo rubber futures rose to a one-year high near 220 yen per kg on Wednesday before succumbing to profit-taking. Gains in oil and other commodity prices prompted speculative buying, and firmness in the physical rubber market, partly reflecting consis

Published 15 Oct, 2009 12:00am

SCO urged to focus on trans-regional cooperation

Prime Minister Syed Yousuf Raza Gilani on Wednesday urged the Shanghai Co-operation Organisation (SCO) to adopt a shared vision of trans-regional co-operation to achieve peace and development in the region. "I have no doubt that by collective wisdom and c

Published 15 Oct, 2009 12:00am

US copper drops

US copper futures ended lower Tuesday, as concerns about over-extended price levels in the face of a weaker near-term demand outlook sapped momentum and pulled prices down to near one-week lows. Copper for December delivery slipped 6.25 cents, or 2.2 perc

Published 15 Oct, 2009 12:00am

SCO urged to focus on trans-regional cooperation

Prime Minister Syed Yousuf Raza Gilani on Wednesday urged the Shanghai Co-operation Organisation (SCO) to adopt a shared vision of trans-regional co-operation to achieve peace and development in the region. "I have no doubt that by collective wisdom and c

Published 15 Oct, 2009 12:00am

Surprise surge in China imports lifts copper

London copper futures rallied nearly 2 percent on Wednesday, boosted by a weaker dollar and a surprise surge in Chinese copper imports in September. Imports of un-wrought copper and semi-finished copper products rose 23 percent to 399,052 tonnes in Septem

Published 15 Oct, 2009 12:00am

Oil, gas exploration, power sectors: Prime Minister promises investors good returns, security

Prime Minister Syed Yousuf Raza Gilani on Wednesday invited Chinese businessmen to invest in Pakistan''s Hydropower sector by building small and medium-sized dams. "Our energy requirements have increased rapidly and we are offering investment opportunitie

Published 15 Oct, 2009 12:00am

US gold up

US gold futures ended higher in choppy trade on Tuesday, after hitting a record high early in the session, as a weaker US currency prompted investors to hedge against the depreciation of dollar-denominated assets. Most-active December gold futures settled

Published 15 Oct, 2009 12:00am

Oil, gas exploration, power sectors: Prime Minister promises investors good returns, security

Prime Minister Syed Yousuf Raza Gilani on Wednesday invited Chinese businessmen to invest in Pakistan's Hydropower sector by building small and medium-sized dams. "Our energy requirements have increased rapidly and we are offering investment opportunities

Published 15 Oct, 2009 12:00am

Gold posts record gain in Asia

Gold hit record highs on Wednesday as the US dollar extended losses to a 14-month low against a basket of currencies on growing optimism about the global economy. Spot gold rose as high as $1,069.45 per ounce. Gold has rallied about 13 percent since the s

Published 15 Oct, 2009 12:00am

Oil, gas exploration, power sectors: Prime Minister promises investors good returns, security

Prime Minister Syed Yousuf Raza Gilani on Wednesday invited Chinese businessmen to invest in Pakistan's Hydropower sector by building small and medium-sized dams. "Our energy requirements have increased rapidly and we are offering investment opportunities

Published 15 Oct, 2009 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 12	278
USD PKR Interbank Buying / Nov 12	277.75
USD to Japanese Yen / Nov 13	154.85
USD to Swiss Franc / Nov 13	0.88
Pound Sterling to USD / Nov 13	1.27
Euro to USD / Nov 13	1.06

Stock	Volume
S&P 500 / Nov 12	5,983.99
Nasdaq / Nov 12	19,281.40
FTSE 100 / Nov 12	8,025.77
Dow Jones / Nov 12	43,910.98
Germany DAX 30 / Nov 12	19,033.64
France CAC40 / Nov 12	7,226.98
India Sensex / Nov 13	78,360.01
Tokyo Nikkei / Nov 13	38,794.83

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 12	18,085
Gold 10 Grams PKR / Nov 12	231,911
Petrol/Litre / Nov 13	248.38
Crude Oil USD/Barrel / Nov 13	68.33
Gold Spot USD/Ounce / Nov 13	2,606.22
Diesel/Litre / Nov 13	255.14

Stock	Price
786 Invest Ltd / Nov 13 786 Investments Limited(786)	6.55 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 13 Al-Abbas Sugar Mills Limited(AABS)	600 ▼ 0.00 (0.00%)
Agro Allianz / Nov 13 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 13 Ali Asghar Textile Mills Limited(AATM)	64.90 ▼ 0.00 (0.00%)
Allied Bank / Nov 13 Allied Bank Limited(ABL)	114.51 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 13 Abbott Laboratories (Pakistan) Limited(ABOT)	996.67 ▼ 0.00 (0.00%)
Abson Ind. / Nov 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 13 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 13 786 Investments Limited(786)	6.55 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 13 Al-Abbas Sugar Mills Limited(AABS)	600 ▲ 0.00 (0.00%)
Agro Allianz / Nov 13 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 13 Ali Asghar Textile Mills Limited(AATM)	64.90 ▲ 0.00 (0.00%)
Allied Bank / Nov 13 Allied Bank Limited(ABL)	114.51 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 13 Abbott Laboratories (Pakistan) Limited(ABOT)	996.67 ▲ 0.00 (0.00%)
Abson Ind. / Nov 13 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 13 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▲ 0.00 (0.00%)

Stock	Volume
Pak Int.Bulk / Nov 13 Pakistan International Bulk Terminal(PIBTL)	79,861,776 ▲ 0.00
K-Electric Ltd. / Nov 13 K-Electric Limited(KEL)	71,760,455 ▲ 0.00
Pak Refinery / Nov 13 Pakistan Refinery Limited(PRL)	56,364,168 ▲ 0.00
Sui South Gas / Nov 13 Sui Southern Gas Company Limited(SSGC)	45,537,793 ▲ 0.00
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	40,139,141 ▲ 0.00
Pak Elektron / Nov 13 Pak Elektron Limited(PAEL)	37,703,615 ▲ 0.00
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	28,322,891 ▲ 0.00
B.O.Punjab / Nov 13 The Bank of Punjab(BOP)	18,433,912 ▲ 0.00
The Searle Co. / Nov 13 The Searle Company Limited(SEARL)	17,718,419 ▲ 0.00

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