News Archives for Print - 2010-01-07

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

NJLI YAQEEN GROWTH FUND RATES

NJLI Yaqeen Growth Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Balochistan to get Rs 1.817 billion additional revenue as GDS

Balochistan will receive Rs 1.817 billion additional revenue on account of gas development surcharge (GDS) in the seventh National Finance Commission (NFC) award based on the weighted average wellhead gas price in 2008-09 financial year, Business Recor

Published 07 Jan, 2010 12:00am

NJLI YAQEEN GROWTH FUND RATES

NJLI Yaqeen Growth Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

US intel chief vows action after Obama rebuke

Bruised by a stinging rebuke from President Barack Obama, the top US intelligence chief has pledged to repair flaws in the security services to confront an evolving threat from terror groups. "The intelligence community received the president's message to
Published 07 Jan, 2010 12:00am

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Acting OGDCL chief accused of lacking necessary qualifications

The Prime Minister''s Secretariat has reportedly played a vital role in the appointment of Shah Mehbub Aalam as the Acting Managing Director of Oil and Gas Development Company Limited (OGDCL), a man who has been accused of lacking the required qualificati
Published 07 Jan, 2010 12:00am

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Acting OGDCL chief accused of lacking necessary qualifications

The Prime Minister's Secretariat has reportedly played a vital role in the appointment of Shah Mehbub Aalam as the Acting Managing Director of Oil and Gas Development Company Limited (OGDCL), a man who has been accused of lacking the required qualificatio
Published 07 Jan, 2010 12:00am

Two Blackwater guards among the dead at Afghan CIA base

Two of the CIA workers killed in Afghanistan were private contractors with the security company formerly known as Blackwater. An obituary released Wednesday for 35-year-old Jeremy Wise said he was a former Navy SEAL who was working with the company now kn
Published 07 Jan, 2010 12:00am

Acting OGDCL chief accused of lacking necessary qualifications

The Prime Minister's Secretariat has reportedly played a vital role in the appointment of Shah Mehbub Aalam as the Acting Managing Director of Oil and Gas Development Company Limited (OGDCL), a man who has been accused of lacking the required qualificatio
Published 07 Jan, 2010 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Departmental rift hampering work on projects

A rift between the provincial finance department and the ministry of works and services (W&S) has left dozens of W&S projects in an uncertain situation. The progress of the development projects of W&S has come to a halt as the finance department has almos
Published 07 Jan, 2010 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Departmental rift hampering work on projects

A rift between the provincial finance department and the ministry of works and services (W&S) has left dozens of W&S projects in an uncertain situation. The progress of the development projects of W&S has come to a halt as the finance department has almos
Published 07 Jan, 2010 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Departmental rift hampering work on projects

A rift between the provincial finance department and the ministry of works and services (W&S) has left dozens of W&S projects in an uncertain situation. The progress of the development projects of W&S has come to a halt as the finance department has almos
Published 07 Jan, 2010 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

NJLI YAQEEN GROWTH FUND RATES

NJLI Yaqeen Growth Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Iran diplomat quits over protests: Norway's NRK

A diplomat at the Iranian embassy in Oslo told Norwegian broadcaster NRK on Wednesday that he has resigned in protest over a crackdown on anti-government demonstrators in Iran. The Iranian Foreign Ministry in Tehran denied the report.
Published 07 Jan, 2010 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Massive tax evasion by top PSF maker unearthed

Post-Clearance Audit (PCA) Karachi has unearthed massive evasion of duties and taxes by Pakistan's largest manufacturer of polyester staple fibre (PSF), allegedly involved in misuse of statutory regulatory orders (SROs) for obtaining illegal exemption of
Published 07 Jan, 2010 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

War-hit people of NWFP: meeting today to consider different concessions

A meeting is being held between the Federal and the NWFP government to consider different concessions to be given to the people of NWFP who have been affected by terrorism. Sources told Business Recorder a meeting would be held in Peshawar today (T
Published 07 Jan, 2010 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Cotton and cotton yarn: PCGA rejects proposal to ban export

Pakistan Cotton Ginners Association (PCGA) Chairman, Abdul Rasheed Khan has rejected the proposal of ban on the export of raw cotton and cotton yarn, urging the government to let the import and export of the commodity on free market mechanism.
Published 07 Jan, 2010 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Sale of ASML's investment

The Securities and Exchange Commission of Pakistan (SECP), authorised an investigation into the matter of Ahmed Spinning Mills Ltd (ASML) on the reports that the directors of Ahmed Spinning Mills Ltd (ASML) sold ASML's investment at a throwaway price to a
Published 07 Jan, 2010 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Symposium on 'working with proteins in post-genomic era' begins

A two day symposium on 'Working with Proteins in Post-Genomic Era' began at Punjab University School of Biological Sciences (SBS) on Wednesday. Biologists from various institutes of the country will deliver 10 lectures on the different aspects of the topi
Published 07 Jan, 2010 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Zardari seeks world's help to overcome economic stresses

President Asif Ali Zardari on Wednesday said the democratic government was successfully moving forward in the fight against militants and security forces were gaining successes despite numerous sacrifices.
Published 07 Jan, 2010 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

US envoy chides Pakistan on economy, visa issue

Outlining a multi-pronged agenda towards Pakistan for 2010, the US on Wednesday said that Islamabad, with one of the lowest tax-to-GDP ratios, must begin to raise more revenue through bringing the "entire areas" of its economy into the tax net to balance
Published 07 Jan, 2010 12:00am

Expected sugar crisis: government decides to take private sector on board

The government has decided to take private sector on board while dealing with another expected sugar crisis in an effort to contain rising sugar price, informed sources told Business Recorder on Wednesday. The decision was taken at a high level mee
Published 07 Jan, 2010 12:00am

US treasuries bid prices

US treasuries bid prices on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

US announces $12 million for Boulton Market rehabilitation

The first tranche worth around $180 million of the Kerry-Lugar package, under which the US would provide Pakistan civilian aid of $7.5 billion over the next five years, has arrived in Pakistan. This was stated by US Ambassador Anne W Patterson after annou
Published 07 Jan, 2010 12:00am

US treasuries bid prices

US treasuries bid prices on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

US announces $12 million for Boulton Market rehabilitation

The first tranche worth around $180 million of the Kerry-Lugar package, under which the US would provide Pakistan civilian aid of $7.5 billion over the next five years, has arrived in Pakistan. This was stated by US Ambassador Anne W Patterson after annou
Published 07 Jan, 2010 12:00am

US treasuries bid prices

US treasuries bid prices on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

US announces $12 million for Boulton Market rehabilitation

The first tranche worth around $180 million of the Kerry-Lugar package, under which the US would provide Pakistan civilian aid of $7.5 billion over the next five years, has arrived in Pakistan. This was stated by US Ambassador Anne W Patterson after annou
Published 07 Jan, 2010 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 07 Jan, 2010 12:00am

US treasuries bid yields

US treasuries bid yields on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

US envoy chides Pakistan on economy, visa issue

Outlining a multi-pronged agenda towards Pakistan for 2010, the US on Wednesday said that Islamabad, with one of the lowest tax-to-GDP ratios, must begin to raise more revenue through bringing the "entire areas" of its economy into the tax net to balance
Published 07 Jan, 2010 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

US envoy chides Pakistan on economy, visa issue

Outlining a multi-pronged agenda towards Pakistan for 2010, the US on Wednesday said that Islamabad, with one of the lowest tax-to-GDP ratios, must begin to raise more revenue through bringing the "entire areas" of its economy into the tax net to balance
Published 07 Jan, 2010 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Missing persons: system on the verge of collapse: Supreme Court

Justice Javed Iqbal of Supreme Court observed here on Wednesday that "the system is on the verge of collapse and intervention is required." He lamented that if the court intervened, it was accused of trespassing another's jurisdiction. Justice Javed Iqbal
Published 07 Jan, 2010 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (January 06, 2010).
Published 07 Jan, 2010 12:00am

Missing persons: system on the verge of collapse: Supreme Court

Justice Javed Iqbal of Supreme Court observed here on Wednesday that "the system is on the verge of collapse and intervention is required." He lamented that if the court intervened, it was accused of trespassing another's jurisdiction. Justice Javed Iqbal
Published 07 Jan, 2010 12:00am

Expected sugar crisis: government decides to take private sector on board

The government has decided to take private sector on board while dealing with another expected sugar crisis in an effort to contain rising sugar price, informed sources told Business Recorder on Wednesday. The decision was taken at a high level mee
Published 07 Jan, 2010 12:00am

US treasuries bid yields

US treasuries bid yields on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Expected sugar crisis: government decides to take private sector on board

The government has decided to take private sector on board while dealing with another expected sugar crisis in an effort to contain rising sugar price, informed sources told Business Recorder on Wednesday. The decision was taken at a high level mee
Published 07 Jan, 2010 12:00am

US treasuries bid yields

US treasuries bid yields on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Draft of amendments to SBP Act 1956 submitted to government

The draft of the amendments in the State Bank Act 1956 has been submitted to the government for giving legal cover to an independent monetary committee for regularly obtaining input from government and private sector for putting in place a viable monetary
Published 07 Jan, 2010 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Wednesday (January 06, 2010)

Published 07 Jan, 2010 12:00am

Draft of amendments to SBP Act 1956 submitted to government

The draft of the amendments in the State Bank Act 1956 has been submitted to the government for giving legal cover to an independent monetary committee for regularly obtaining input from government and private sector for putting in place a viable monetary
Published 07 Jan, 2010 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Wednesday (January 06, 2010)

Published 07 Jan, 2010 12:00am

Draft of amendments to SBP Act 1956 submitted to government

The draft of the amendments in the State Bank Act 1956 has been submitted to the government for giving legal cover to an independent monetary committee for regularly obtaining input from government and private sector for putting in place a viable monetary
Published 07 Jan, 2010 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Wednesday (January 06, 2010)

Published 07 Jan, 2010 12:00am

Fiscal responsibility law: SBP proposes amendments

The State Bank of Pakistan (SBP) has proposed amendments in the Fiscal Responsibility and Debt Limitation Act 2005 to abolish automatic monetisation of fiscal deficit. During a presentation by Hamza Ali Malik, Director, SBP Monetary Policy Department, on
Published 07 Jan, 2010 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Fiscal responsibility law: SBP proposes amendments

The State Bank of Pakistan (SBP) has proposed amendments in the Fiscal Responsibility and Debt Limitation Act 2005 to abolish automatic monetisation of fiscal deficit. During a presentation by Hamza Ali Malik, Director, SBP Monetary Policy Department, on
Published 07 Jan, 2010 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (January 06, 2010).

Published 07 Jan, 2010 12:00am

Fiscal responsibility law: SBP proposes amendments

The State Bank of Pakistan (SBP) has proposed amendments in the Fiscal Responsibility and Debt Limitation Act 2005 to abolish automatic monetisation of fiscal deficit. During a presentation by Hamza Ali Malik, Director, SBP Monetary Policy Department, on
Published 07 Jan, 2010 12:00am

North Korea to close major wholesale market

North Korea has ordered the closure of a major wholesale market in the latest of a series of measures to reassert government control over the faltering economy, a Seoul-based welfare group said Wednesday. The order, issued on December 30, followed a drast
Published 07 Jan, 2010 12:00am

Snow brings mayhem to Britain as Europe shivers

Soldiers helped rescue stranded drivers Wednesday as Britain's most brutal winter in decades caused chaos for travellers, and bitterly cold temperatures cloaked much of Europe. Millions of people in London and the south-east of England struggled to and fr
Published 07 Jan, 2010 12:00am

Cold snap in southern US threatens crops

Florida farmers worked to salvage millions of dollars worth of crops on Wednesday as an unusual cold snap gripped southern United States. Sun-seeking tourists visiting the Gulf Coast region of Texas, Louisiana, Mississippi, Alabama and Florida also had to
Published 07 Jan, 2010 12:00am

China's deep freeze triggers power shortage

A frigid Siberian cold front gripping northern and central China has caused coal and power shortages as residents scramble to keep warm, state press reported Wednesday. Temperatures early Wednesday in Beijing fell to minus 16.7 degrees Celsius (two degree
Published 07 Jan, 2010 12:00am

Five Iraqi women killed in collision with US forces vehicle

At least five Iraqi women were killed in a traffic collision with a vehicle carrying US forces south of Baghdad Wednesday, police said.Police told the German Press Agency dpa that at least six Iraqis were injured in the collision, which took place on the
Published 07 Jan, 2010 12:00am

CIA attacker ranked best al Qaeda informant in years

A Jordanian informant suspected of a suicide bombing that killed seven CIA officers in Afghanistan last week was ranked the agency's best lead on al Qaeda in years, the New York Times said on Wednesday. Citing US intelligence officials, the Times said the
Published 07 Jan, 2010 12:00am

Kuwait's parliament approves bailout bill

Kuwait's parliament approved on Wednesday a bailout bill worth up to 6.7 billion dinars ($23 billion) for its indebted citizens, despite the government's opposition. The vote is the latest in a series of confrontations between the assembly and the governm
Published 07 Jan, 2010 12:00am

Eurocrats sue EU states over pay rise blockage

European Union officials decided to take the bloc's member states to court Wednesday in an escalating row over the bureaucrats' bid for an inflation-busting pay rise. The row threatens to tarnish the image of the EU's institutions in the eyes of European
Published 07 Jan, 2010 12:00am

Hubble Telescope peers at oldest ever galaxies

The refurbished Hubble Space Telescope has set a new record by discovering the oldest galaxies ever seen, dating back 13 billion years, or 600-800 million years after the Big Bang, NASA said Tuesday. The never-seen-before galaxies are key to interpreting
Published 07 Jan, 2010 12:00am

Suicide bomber kills seven in Dagestan

A suicide bomber killed at least seven policemen and wounded another 20 people on Wednesday in Russia's southern region of Dagestan by detonating a car packed with explosives at a traffic police depot. The suicide bomber tried to drive a Neva car packed w
Published 07 Jan, 2010 12:00am

Government criticised for increasing gas and power tariffs

Senior Political Assistant of Chief Minister Punjab and Pakistan Muslim League-Nawaz leader Muhammad Pervaiz Malik has criticised the government on its failure to end the electricity shortage and feared that power crises would deepen in the days to come,
Published 07 Jan, 2010 12:00am

PML-N leader asks government to develop consensus on Kalabagh Dam

Special Assistant to the Punjab Chief Minister and Pakistan Muslim League (Nawaz) leader Zeb Jaffar has asked the Federal government to create consensus on the construction of Kalabagh Dam in the interest of the country and its people.
Published 07 Jan, 2010 12:00am

Caretaker government: Panel agrees to amend Article 224

The Parliamentary Committee on Constitutional Reforms on Wednesday agreed to amend the Article 224 of the Constitution, which deals with the caretaker government. The committee which met here with Senator Raza Rabbani in the chair proposed that the careta
Published 07 Jan, 2010 12:00am

Supreme Court may announce holding of polls in NA-123

The Supreme Court on Wednesday hinted at an announcement to hold elections in NA-123 Lahore, saying it had already settled the principle in its verdict regarding elections of NA-55 Rawalpindi. "The court had already settled the issue of Chief Election Com
Published 07 Jan, 2010 12:00am

PMA observes 'black day'

The Pakistan Medical Association (PMA) on Wednesday observed 'black day' to protest against Punjab Healthcare Bill. A spokesman of the PMA said that protest meetings were held at every district branch of the association in which the participants raised st
Published 07 Jan, 2010 12:00am

'Government has to keep budget deficit at 4.2 percent to avoid IMF programme setback'

The government has to restrict budget deficit to 4.2 percent, otherwise the International Monterey Fund (IMF) programme is likely to suffer setback. It has to lay more emphasis on revenue generation to make the 7TH National Finance Commission (NFC) Award
Published 07 Jan, 2010 12:00am

Beema Pakistan holds extraordinary general meeting

Beema Pakistan Company Limited, after a gap of three and a half years, held an extraordinary general meeting, at a local hotel, here on Wednesday. The meeting was attended by the directors, the management, legal advisors and shareholders of the company.
Published 07 Jan, 2010 12:00am

Farmers against imposition of ban on export of cotton

Farmers Associates Pakistan (FAP) has expressed its concern that on the demand and pressure of a few elements with vested interests government is once again contemplating to ban the export of cotton, which is even being opposed by the business community.
Published 07 Jan, 2010 12:00am

Pepco adds over 11,000 transformers to distribution network

Pakistan Electric Power Company (Pepco)has geared up its efforts for system augmentation and in the process 11041 new transformers have been added in the system from July to November 2009. According to the Pepco spokesman, as a part of the system augmenta
Published 07 Jan, 2010 12:00am

Chief Justice LHC adjourns proceedings till January 18

The Lahore High Court (LHC) Chief Justice Khawaja Muhammad Sharif here on Wednesday adjourned to January 18 the proceedings of a suo motu case against Sheikhupura police, failure in arresting killers of lawyer's daughter. Earlier, DPO Sheikhupura appearin
Published 07 Jan, 2010 12:00am

Bank Alfalah, IBA sign MoU

In its endeavour to contribute to a brighter future of Pakistan's banking industry, Bank Alfalah Limited signed a memorandum of understanding (MoU) with the Institute of Business Administration (IBA) Karachi, making a commitment to contribute Rs 33 millio
Published 07 Jan, 2010 12:00am

Australia snatch remarkable victory, take series

Australia on Wednesday snatched a remarkable 36-run victory over Pakistan in the second Test at Sydney Cricket Ground. Chasing a modest 176 for victory, the visitors were bowled out for 139. It clinched a 2-0 series victory with the third and final Test b
Published 07 Jan, 2010 12:00am

Captain reposes faith in Kamran

Pakistan cricket captain Mohammad Yousuf ruled out option of resting Kamran Akmal despite wicketkeeper's lacklustre performance behind the stumps. Kamran dropped Australian middle order batsman Michael Hussey thrice on third day of second Test in Sydney T
Published 07 Jan, 2010 12:00am

Yousuf accepts blame for disappointing play

Shell-shocked Pakistan captain Mohammad Yousuf accepted the blame for his team's disappointing second innings in second cricket Test against Australia Wednesday at SCG. Australia dismissed Pakistan for 139 on a dramatic fourth day to cap an incredible tri
Published 07 Jan, 2010 12:00am

Pakistan cricket debacle at Sydney slammed

The disgruntled nation on Wednesday slammed the Pakistan cricket team for failing to chase a tiny target of 176 runs against Australia and collapsing for mere 139 runs in the second Test at Sydney. A harsh reaction came from the cricket lovers in Karachi
Published 07 Jan, 2010 12:00am

Four Pakistanis storm into Benazir Boxing finals

Four Pakistan pugilists Nadir Baloch, Mohib Bacha, Abdul Waheed and Adnan Hussain stormed into the final of inaugural Shaheed Benazir Bhutto International Boxing Championship after impressive victories at KPT Sports Complex Gymnasium here on Wednesday eve
Published 07 Jan, 2010 12:00am

South Africa in sight of victory

South Africa were frustrated by a century opening stand between Andrew Strauss and Alastair Cook but remained on course for a series-levelling win on the fourth day of the third Test against England at Newlands on Wednesday. Set 466 to win - or to bat out
Published 07 Jan, 2010 12:00am

SSGC clinch PFF League title

Sui Southern Gas Company Limited (SSGCL) kept 12th minute goal until final whistle to beat Sahiwal's Young Blood in the final of Pakistan Football Federation (PFF) League at Sahiwal's Ali Rai Nawaz Stadium on Wednesday. Both the teams earned berth in comi
Published 07 Jan, 2010 12:00am

China, Iran reach Asian Cup finals

China and Iran qualified for the 2011 Asian Cup finals on Wednesday, but Indonesia and Vietnam crashed out of contention. They join Uzbekistan and Syria who had already booked their places at the showpiece in Qatar, along with the host nation and Iraq, Sa
Published 07 Jan, 2010 12:00am

Swiss franc 10-month highs

The Swiss franc remained within sight of a recent 10-month high against the euro on Wednesday as comments from an European Central Bank board member on the Greek debt issue weighed on the common currency. The euro fell sharply against the dollar and also
Published 07 Jan, 2010 12:00am

Most Asian currencies higher

The South Korean won hit a new 15-month high on Wednesday, prompting authorities to intervene, while and Indonesian rupiah edged up due to fund flows into stock and debt markets. A report quoted a Chinese government economist calling for a 10 percent yuan
Published 07 Jan, 2010 12:00am

Australian dollar mounts new two-year high

The Australian dollar hit a two-year high on the euro on Wednesday after breaking key chart levels, and as robust domestic data supported optimism on the economy for this year. The Aussie rose as far as 0.6367 euros from 0.6330 seen here late Tuesday. Tra
Published 07 Jan, 2010 12:00am

Hong Kong dollar in a tight range

The Hong Kong dollar inched higher on Wednesday, and dealers expected the currency to trade narrowly, with eyes on the stock market and US dollar trends. The local currency rose as high as 7.7553 before retracting slightly to trade at 7.7562, still firmer
Published 07 Jan, 2010 12:00am

US dollar falls

The dollar suffered its biggest drop against the yen in nearly a month on Tuesday as weaker-than-expected US housing data dented expectations the Federal Reserve could hike rates sooner rather than later. The euro, however, fell from a three-week high ver
Published 07 Jan, 2010 12:00am

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Cotton US¢/pound / May 13	66.85
Petrol/Litre / May 14	252.63
Diesel/Litre / May 14	256.64

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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