AGL 40.01 Decreased By ▼ -0.20 (-0.5%)
AIRLINK 127.00 Decreased By ▼ -0.64 (-0.5%)
BOP 6.69 Increased By ▲ 0.02 (0.3%)
CNERGY 4.51 Increased By ▲ 0.06 (1.35%)
DCL 8.64 Decreased By ▼ -0.09 (-1.03%)
DFML 41.04 Decreased By ▼ -0.12 (-0.29%)
DGKC 85.61 Decreased By ▼ -0.50 (-0.58%)
FCCL 33.11 Increased By ▲ 0.55 (1.69%)
FFBL 66.10 Increased By ▲ 1.72 (2.67%)
FFL 11.55 Decreased By ▼ -0.06 (-0.52%)
HUBC 111.11 Decreased By ▼ -1.35 (-1.2%)
HUMNL 14.82 Increased By ▲ 0.01 (0.07%)
KEL 5.17 Increased By ▲ 0.13 (2.58%)
KOSM 7.66 Increased By ▲ 0.30 (4.08%)
MLCF 40.21 Decreased By ▼ -0.12 (-0.3%)
NBP 60.51 Decreased By ▼ -0.57 (-0.93%)
OGDC 194.10 Decreased By ▼ -0.08 (-0.04%)
PAEL 26.72 Decreased By ▼ -0.19 (-0.71%)
PIBTL 7.37 Increased By ▲ 0.09 (1.24%)
PPL 153.79 Increased By ▲ 1.11 (0.73%)
PRL 26.21 Decreased By ▼ -0.01 (-0.04%)
PTC 17.18 Increased By ▲ 1.04 (6.44%)
SEARL 85.60 Decreased By ▼ -0.10 (-0.12%)
TELE 7.57 Decreased By ▼ -0.10 (-1.3%)
TOMCL 34.39 Decreased By ▼ -2.08 (-5.7%)
TPLP 8.82 Increased By ▲ 0.03 (0.34%)
TREET 16.82 Decreased By ▼ -0.02 (-0.12%)
TRG 62.55 Decreased By ▼ -0.19 (-0.3%)
UNITY 27.29 Decreased By ▼ -0.91 (-3.23%)
WTL 1.30 Decreased By ▼ -0.04 (-2.99%)
BR100 10,112 Increased By 26 (0.26%)
BR30 31,188 Increased By 17.5 (0.06%)
KSE100 94,996 Increased By 232 (0.24%)
KSE30 29,481 Increased By 71 (0.24%)
Print - 2010-04-03
Iran rebukes 'threats' as Obama urges Chinese support

Iran rebukes 'threats' as Obama urges Chinese support

Iran's top nuclear negotiator warned the West to stop "threatening" Tehran as US President Barack Obama urged Chinese President Hu Jintao to cooperate in blocking Iran's atomic ambitions. The harsh words from Saeed Jalili came as Western calls mount for t
Published 03 Apr, 2010 12:00am
Bullish sentiments continue on LSE

Bullish sentiments continue on LSE

Bullish sentiments continued for the second consecutive day on the Lahore Stock Exchange (LSE) on Friday and equities extended further gains amid fresh buying in oil and banking companies. The LSE-25 index jumped to 3277.07 against 3211.89 of Thursday, de
Published 03 Apr, 2010 12:00am
Bullish sentiments continue on LSE

Bullish sentiments continue on LSE

Bullish sentiments continued for the second consecutive day on the Lahore Stock Exchange (LSE) on Friday and equities extended further gains amid fresh buying in oil and banking companies. The LSE-25 index jumped to 3277.07 against 3211.89 of Thursday, de
Published 03 Apr, 2010 12:00am
BRIndex30 up by 153.33 points

BRIndex30 up by 153.33 points

On Friday, BRIndex30 opened at 8,610.20 and remained positive for the entire market time with an upward trend. It touched an intraday high of 8,794.42 and an intraday low of 8,610.20 and closed at 8,763.53, which is 153.33 points or 1.78 percent higher th
Published 03 Apr, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (April 02, 2010).

Published 03 Apr, 2010 12:00am
BRIndex30 up by 153.33 points

BRIndex30 up by 153.33 points

On Friday, BRIndex30 opened at 8,610.20 and remained positive for the entire market time with an upward trend. It touched an intraday high of 8,794.42 and an intraday low of 8,610.20 and closed at 8,763.53, which is 153.33 points or 1.78 percent higher th
Published 03 Apr, 2010 12:00am
Index crosses 10,400 points mark

Index crosses 10,400 points mark

The Karachi share market witnessed bullish session on Friday on foreign investors'' support, and the KSE-100 index breached 10,400 points level. The index closed at 10,416.52 points level with a gain of 169.75 points. Trading improved significantly and th
Published 03 Apr, 2010 12:00am
Index crosses 10,400 points mark

Index crosses 10,400 points mark

The Karachi share market witnessed bullish session on Friday on foreign investors' support, and the KSE-100 index breached 10,400 points level. The index closed at 10,416.52 points level with a gain of 169.75 points. Trading improved significantly and the
Published 03 Apr, 2010 12:00am
Index crosses 10,400 points mark

Index crosses 10,400 points mark

The Karachi share market witnessed bullish session on Friday on foreign investors' support, and the KSE-100 index breached 10,400 points level. The index closed at 10,416.52 points level with a gain of 169.75 points. Trading improved significantly and the
Published 03 Apr, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (April 02, 2010).

Published 03 Apr, 2010 12:00am
Sugar crisis: PSMA holds government responsible

Sugar crisis: PSMA holds government responsible

The Pakistan Sugar Mills Association (PSMA) has held the government responsible for current sugar sector crisis which failed to implement notified sugarcane price of Rs 100/40kg, official sources told Business Recorder. According to the Association
Published 03 Apr, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (April 02, 2010).
Published 03 Apr, 2010 12:00am
Sugar crisis: PSMA holds government responsible

Sugar crisis: PSMA holds government responsible

The Pakistan Sugar Mills Association (PSMA) has held the government responsible for current sugar sector crisis which failed to implement notified sugarcane price of Rs 100/40kg, official sources told Business Recorder. According to the Association
Published 03 Apr, 2010 12:00am
Sugar crisis: PSMA holds government responsible

Sugar crisis: PSMA holds government responsible

The Pakistan Sugar Mills Association (PSMA) has held the government responsible for current sugar sector crisis which failed to implement notified sugarcane price of Rs 100/40kg, official sources told Business Recorder. According to the Association
Published 03 Apr, 2010 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 Friday (April 02, 2010).

Published 03 Apr, 2010 12:00am
Fulfilment of FoDP pledges: ADB and USAID preparing action plan

Fulfilment of FoDP pledges: ADB and USAID preparing action plan

The Asian Development Bank (ADB) and USAID are preparing a sustainable and integrated energy action plan in a bid to mobilise the international community under Friends of Democratic Pakistan (FoDP) banner, thereby facilitating the conversion of pledges ma
Published 03 Apr, 2010 12:00am
Fulfilment of FoDP pledges: ADB and USAID preparing action plan

Fulfilment of FoDP pledges: ADB and USAID preparing action plan

The Asian Development Bank (ADB) and USAID are preparing a sustainable and integrated energy action plan in a bid to mobilise the international community under Friends of Democratic Pakistan (FoDP) banner, thereby facilitating the conversion of pledges ma
Published 03 Apr, 2010 12:00am
Fulfilment of FoDP pledges: ADB and USAID preparing action plan

Fulfilment of FoDP pledges: ADB and USAID preparing action plan

The Asian Development Bank (ADB) and USAID are preparing a sustainable and integrated energy action plan in a bid to mobilise the international community under Friends of Democratic Pakistan (FoDP) banner, thereby facilitating the conversion of pledges ma
Published 03 Apr, 2010 12:00am
PSMC raises prices of seven products

PSMC raises prices of seven products

Pakistan Steel Mills Corporation (PSMC) on Friday announced to raise the prices of seven steel products by up to Rs 4,000 per ton, dealers said. This is the second increase in PSMC''s products prices during last three weeks, as previously prices were incr
Published 03 Apr, 2010 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 Friday (April 02, 2010).

Published 03 Apr, 2010 12:00am
PSMC raises prices of seven products

PSMC raises prices of seven products

Pakistan Steel Mills Corporation (PSMC) on Friday announced to raise the prices of seven steel products by up to Rs 4,000 per ton, dealers said. This is the second increase in PSMC's products prices during last three weeks, as previously prices were incre
Published 03 Apr, 2010 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 Friday (April 02, 2010).

Published 03 Apr, 2010 12:00am
PSMC raises prices of seven products

PSMC raises prices of seven products

Pakistan Steel Mills Corporation (PSMC) on Friday announced to raise the prices of seven steel products by up to Rs 4,000 per ton, dealers said. This is the second increase in PSMC's products prices during last three weeks, as previously prices were incre
Published 03 Apr, 2010 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 Friday (April 02, 2010).

Published 03 Apr, 2010 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 Apr, 2010 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 Apr, 2010 12:00am
New York cotton

New York cotton

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

Published 03 Apr, 2010 12:00am
'This is a bill of hope': Rabbani tables landmark reforms

'This is a bill of hope': Rabbani tables landmark reforms

The historic draft of 18th Constitutional Amendment Bill, an outcome of the nine-month deliberations by Parliamentary Committee on Constitutional Reforms (PCCR), was tabled in National Assembly and Senate on Friday for approval. The presentation of the dr
Published 03 Apr, 2010 12:00am
New York cotton

New York cotton

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

Published 03 Apr, 2010 12:00am
'This is a bill of hope': Rabbani tables landmark reforms

'This is a bill of hope': Rabbani tables landmark reforms

The historic draft of 18th Constitutional Amendment Bill, an outcome of the nine-month deliberations by Parliamentary Committee on Constitutional Reforms (PCCR), was tabled in National Assembly and Senate on Friday for approval. The presentation of the dr
Published 03 Apr, 2010 12:00am
Zardari phones Nawaz

Zardari phones Nawaz

President Asif Ali Zardari on Friday made telephonic contact with Pakistan Nawaz Sharif and expressed the resolve of working with all political parties for the solidarity and overall betterment of the country with a spirit of reconciliation and mutual acc
Published 03 Apr, 2010 12:00am
BRIDGE NOTES: The only chance

BRIDGE NOTES: The only chance

Sometimes a hand is bid in bridge to a level, which was never desirable in the first place by the bidders, but is yet inevitably bid because the opponents keep sacrificing in the long suit or fit, which takes the level of bidding soaring upwards sometimes
Published 03 Apr, 2010 12:00am
Zardari phones Nawaz

Zardari phones Nawaz

President Asif Ali Zardari on Friday made telephonic contact with Pakistan Nawaz Sharif and expressed the resolve of working with all political parties for the solidarity and overall betterment of the country with a spirit of reconciliation and mutual acc
Published 03 Apr, 2010 12:00am
SPORTS WORLD: Yousuf will be missed by many

SPORTS WORLD: Yousuf will be missed by many

Former Pakistan captain and world record holder batsman Mohammad Yousuf, who received a letter from Pakistan Cricket Board (PCB), alleging that his presence in the team is harmful for the team members, has announced his retirement from international crick
Published 03 Apr, 2010 12:00am
No more screening of Pakistanis at US airports

No more screening of Pakistanis at US airports

The United States announced new security measures on Friday to replace the mandatory screening of air travellers from 14 countries that had angered some allies when it was imposed after a failed bombing on Christmas Day. The measures are designed to signi
Published 03 Apr, 2010 12:00am
No more screening of Pakistanis at US airports

No more screening of Pakistanis at US airports

The United States announced new security measures on Friday to replace the mandatory screening of air travellers from 14 countries that had angered some allies when it was imposed after a failed bombing on Christmas Day. The measures are designed to signi
Published 03 Apr, 2010 12:00am
LAHORE CULTURAL DIARY: Festival of lights

LAHORE CULTURAL DIARY: Festival of lights

A Punjabi proverb 'Haftay day sut din tay uth melay' denotes the influx of cultural activities in Lahore, celebrating eight festivals within seven days of a week. Which proves true, even in these days of severe economic slowdown. The preceding week witnes
Published 03 Apr, 2010 12:00am
SBP to increase ERF mark-up to treasury bills rate

SBP to increase ERF mark-up to treasury bills rate

The State Bank of Pakistan intends to increase export re-finance (ERF) rate equivalent to six months Treasury Bills rates ie 12.35 percent. This information was shared by the State Bank during a meeting of the 7th Private Sector Credit Advisory Council (P
Published 03 Apr, 2010 12:00am
LITERARY NOTES: Lure of Indian mythology; Marx's poetry

LITERARY NOTES: Lure of Indian mythology; Marx's poetry

Allusions to Greek and Roman mythologies have always been far more acceptable to our lovers of literature - particularly English - than those of Indian mythology. This does not necessarily hold true for the Muslim community. The above statement doesn't, h
Published 03 Apr, 2010 12:00am
SBP to increase ERF mark-up to treasury bills rate

SBP to increase ERF mark-up to treasury bills rate

The State Bank of Pakistan intends to increase export re-finance (ERF) rate equivalent to six months Treasury Bills rates ie 12.35 percent. This information was shared by the State Bank during a meeting of the 7th Private Sector Credit Advisory Council (P
Published 03 Apr, 2010 12:00am
ART FACTS: Forgotten myths and motifs

ART FACTS: Forgotten myths and motifs

Jamil Naqsh is one of Pakistan's pre-eminent modern artists, perhaps the greatest living artist of our country. For the last five decades he has created a compelling oeuvre of drawings and paintings in water colours and oils.
Published 03 Apr, 2010 12:00am
SBP to increase ERF mark-up to treasury bills rate

SBP to increase ERF mark-up to treasury bills rate

The State Bank of Pakistan intends to increase export re-finance (ERF) rate equivalent to six months Treasury Bills rates ie 12.35 percent. This information was shared by the State Bank during a meeting of the 7th Private Sector Credit Advisory Council (P
Published 03 Apr, 2010 12:00am
Jinnah Bridge: Worshippers and couples defy ban

Jinnah Bridge: Worshippers and couples defy ban

Visitors are protesting the ban of the security-conscious Ministry of Ports and Shipping on all kinds of public and commercial activities at the M.A Jinnah Bridge, which, over the years, has turned into a picnic-cum worship place for Karachiites.
Published 03 Apr, 2010 12:00am
SBP to increase ERF mark-up to treasury bills rate

SBP to increase ERF mark-up to treasury bills rate

The State Bank of Pakistan intends to increase export re-finance (ERF) rate equivalent to six months Treasury Bills rates ie 12.35 percent. This information was shared by the State Bank during a meeting of the 7th Private Sector Credit Advisory Council (P
Published 03 Apr, 2010 12:00am
Earth 'Hour' or 'Century'?: The morning after the night before!

Earth 'Hour' or 'Century'?: The morning after the night before!

The world celebrated 'Earth Hour' on Saturday, March 28, 2010, by dousing lights at 8.30 pm (official time of each country). But we in Pakistan celebrate it day and night, 24/7, courtesy the KESC/Wapda/ or Pepco! And by the looks of it, may be a century w
Published 03 Apr, 2010 12:00am
Non-professional, irresponsible attitude: Law Ministry

Non-professional, irresponsible attitude: Law Ministry

A spokesman for the Ministry of Law, Justice and Parliamentary Affairs here on Friday cited "irresponsible" and "non-professional" attitude of Attorney General for Pakistan Anwar Mansoor Khan as the main reason behind his resignation. In a statement issue
Published 03 Apr, 2010 12:00am
KARACHI CHRONICLE: Travel and tourism with a twist

KARACHI CHRONICLE: Travel and tourism with a twist

A few months ago, the commercial street where I have an apartment, acquired a travel agency, a first. Soon there are bound to be more travel agencies because small businessmen continuously switch to a new venture that will make money. The travel agency re
Published 03 Apr, 2010 12:00am
Non-professional, irresponsible attitude: Law Ministry

Non-professional, irresponsible attitude: Law Ministry

A spokesman for the Ministry of Law, Justice and Parliamentary Affairs here on Friday cited "irresponsible" and "non-professional" attitude of Attorney General for Pakistan Anwar Mansoor Khan as the main reason behind his resignation. In a statement issue
Published 03 Apr, 2010 12:00am
Hunza river may burst banks at any time

Hunza river may burst banks at any time

The disastrous landslide occurred in January 4, 2010 in Atabad village, some 109 Kilometres north-east of Gilgit city and about 19 Km east of Hunza City.
Published 03 Apr, 2010 12:00am
Attorney General resigns

Attorney General resigns

The Attorney General (AG), Anwar Mansoor Khan, on Friday resigned after serving for a short stint of three months over, what he says, non-co-operation of the Law Ministry in carrying out the Supreme Court order to re-open a graft case involving President
Published 03 Apr, 2010 12:00am
US wheat futures higher

US wheat futures higher

US wheat futures closed higher on Thursday on a short-covering bounce after Wednesday's sell-off. CBOT May up 4-1/4 cents at $4.54-3/4 per bushel. Funds bought 3,000 lots. Managed funds hold a massive net short position in CBOT wheat, leaving the market o
Published 03 Apr, 2010 12:00am
Attorney General resigns

Attorney General resigns

The Attorney General (AG), Anwar Mansoor Khan, on Friday resigned after serving for a short stint of three months over, what he says, non-co-operation of the Law Ministry in carrying out the Supreme Court order to re-open a graft case involving President
Published 03 Apr, 2010 12:00am
US Midwest corn, soyabean, SRW wheat bids unchanged

US Midwest corn, soyabean, SRW wheat bids unchanged

US Midwest corn, soyabean and soft red winter wheat bids were mostly unchanged around the US Midwest on Thursday as farmers focused on fieldwork and delayed sales of all three crops, grain merchants said. Some farmers sold spot loads of corn that they had
Published 03 Apr, 2010 12:00am
Power load management: Prime Minister constitutes body to prepare report

Power load management: Prime Minister constitutes body to prepare report

Prime Minister Syed Yusuf Raza Gilani Friday constituted a three- member ministerial committee to examine and prepare a comprehensive report on the electricity load management within a week. Minister for Water and Power, Raja Pervez Ashraf, Minister for P
Published 03 Apr, 2010 12:00am
China's steel body looks to restrict iron ore imports

China's steel body looks to restrict iron ore imports

The China Iron and Steel Association is drawing up measures to reduce the number of traders allowed to import iron ore, an industry source said on Friday. "CISA is currently discussing the measures with the China Chamber of Commerce of Metals, Minerals an
Published 03 Apr, 2010 12:00am
Power load management: Prime Minister constitutes body to prepare report

Power load management: Prime Minister constitutes body to prepare report

Prime Minister Syed Yusuf Raza Gilani Friday constituted a three- member ministerial committee to examine and prepare a comprehensive report on the electricity load management within a week. Minister for Water and Power, Raja Pervez Ashraf, Minister for P
Published 03 Apr, 2010 12:00am
Listless business marked on cotton market

Listless business marked on cotton market

Nominal activity was seen on the cotton market on Friday as leading buyers were on the sideline in the absence of fresh leads, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 5475, dealers said. In the ready busin
Published 03 Apr, 2010 12:00am
Power load management: Prime Minister constitutes body to prepare report

Power load management: Prime Minister constitutes body to prepare report

Prime Minister Syed Yusuf Raza Gilani Friday constituted a three- member ministerial committee to examine and prepare a comprehensive report on the electricity load management within a week. Minister for Water and Power, Raja Pervez Ashraf, Minister for P
Published 03 Apr, 2010 12:00am
Ukraine's March steel output rises

Ukraine's March steel output rises

Ukrainian steel maker Azovstal said on Friday raw steel production rose to 476,400 tonnes in March from 435,200 tonnes in February. The company said in a statement pig iron output rose to 406,100 tonnes from 373,000 tonnes, and rolled steel production was
Published 03 Apr, 2010 12:00am
Indonesia's Timah sees nine percent rise in tin selling price

Indonesia's Timah sees nine percent rise in tin selling price

Indonesia's state tin miner, PT Timah Tbk, said in a statement it expects higher average tin selling prices in 2010 because of recovering tin demand, which will lift 2010 profits after last year's slump. Timah, the world's largest integrated tin miner, al
Published 03 Apr, 2010 12:00am
US soya export premiums fall

US soya export premiums fall

Export premiums for US soyabeans eased at the Gulf of Mexico on Thursday due to light demand for US supplies. Premiums for hard red winter wheat rose as few barges were in place to make deliveries if the need arose. Months of light demand have left dealer
Published 03 Apr, 2010 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 89,108 tonnes of cargo including 53,485 tonnes of import cargo; 35,623 tonnes of export cargo and 5,439 loaded and empty containers during last 24 hours ended at 0700 hours on Friday. The total import cargo of 53,485 tonnes compri
Published 03 Apr, 2010 12:00am
France says arms sale to Pakistan held up

France says arms sale to Pakistan held up

France's plan to sell 1.2 billion euro ($1.6 billion) worth of military equipment for Pakistan's JF-17 combat aircraft has been held up, a source at President Nicolas Sarkozy's office said on Friday. Newspaper Le Monde had reported earlier that France dec
Published 03 Apr, 2010 12:00am