News Archives for Print - 2010-09-02

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 01, 2010).

Published 02 Sep, 2010 12:00am

Index sheds 77.67 points

The KSE-100 index on Wednesday lost 77.67 points and closed at 9,735.38 points, mainly due to selling by local investors. The market opened on a negative note and the index hit 9,683.91 points intra-day low level, down 129.14 points. Trading also shrank a

Published 02 Sep, 2010 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 01, 2010).

Published 02 Sep, 2010 12:00am

Index sheds 77.67 points

The KSE-100 index on Wednesday lost 77.67 points and closed at 9,735.38 points, mainly due to selling by local investors. The market opened on a negative note and the index hit 9,683.91 points intra-day low level, down 129.14 points. Trading also shrank a

Published 02 Sep, 2010 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Wednesday (September 01, 2010)

Published 02 Sep, 2010 12:00am

Index sheds 77.67 points

The KSE-100 index on Wednesday lost 77.67 points and closed at 9,735.38 points, mainly due to selling by local investors. The market opened on a negative note and the index hit 9,683.91 points intra-day low level, down 129.14 points. Trading also shrank a

Published 02 Sep, 2010 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Wednesday (September 01, 2010)

Published 02 Sep, 2010 12:00am

Turkmenistan offers new gas supply source

Turkmenistan, which failed to submit third-party certification of Dauletabad gas field reserves, has now offered a new supply source, Osman/ Yolatan gas field, which has raised serious concerns in Pakistan, sources exclusively told Business Recorder</i

Published 02 Sep, 2010 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Wednesday (September 01, 2010)

Published 02 Sep, 2010 12:00am

Turkmenistan offers new gas supply source

Turkmenistan, which failed to submit third-party certification of Dauletabad gas field reserves, has now offered a new supply source, Osman/ Yolatan gas field, which has raised serious concerns in Pakistan, sources exclusively told Business Recorder</i
Published 02 Sep, 2010 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (September 01, 2010).

Published 02 Sep, 2010 12:00am

Turkmenistan offers new gas supply source

Turkmenistan, which failed to submit third-party certification of Dauletabad gas field reserves, has now offered a new supply source, Osman/ Yolatan gas field, which has raised serious concerns in Pakistan, sources exclusively told Business Recorder</i
Published 02 Sep, 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 02 Sep, 2010 12:00am

Reko Diq project may be delayed further

The multi-billion dollars Reko Diq project in Balochistan may be further delayed due to scarcity of funds and misunderstanding between the federal and provincial governments over the funding percentage issue, sources told Business Recorder. Reko Di
Published 02 Sep, 2010 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (September 01, 2010).

Published 02 Sep, 2010 12:00am

Reko Diq project may be delayed further

The multi-billion dollars Reko Diq project in Balochistan may be further delayed due to scarcity of funds and misunderstanding between the federal and provincial governments over the funding percentage issue, sources told Business Recorder. Reko Di
Published 02 Sep, 2010 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (September 01, 2010).

Published 02 Sep, 2010 12:00am

Reko Diq project may be delayed further

The multi-billion dollars Reko Diq project in Balochistan may be further delayed due to scarcity of funds and misunderstanding between the federal and provincial governments over the funding percentage issue, sources told Business Recorder. Reko Di
Published 02 Sep, 2010 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (September 01, 2010).
Published 02 Sep, 2010 12:00am

Sugar price skyrocketing: FBR gets nothing in form of sales tax

The Federal Board of Revenue (FBR) will get nothing in the form of sales tax despite sizeable escalation in the price of sugar in the open market as the prevailing method of sales tax calculation is based on assessable value of the commodity. Sources told
Published 02 Sep, 2010 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 (September 01, 2010).

Published 02 Sep, 2010 12:00am

Sugar price skyrocketing: FBR gets nothing in form of sales tax

The Federal Board of Revenue (FBR) will get nothing in the form of sales tax despite sizeable escalation in the price of sugar in the open market as the prevailing method of sales tax calculation is based on assessable value of the commodity. Sources told
Published 02 Sep, 2010 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 (September 01, 2010).

Published 02 Sep, 2010 12:00am

Sugar price skyrocketing: FBR gets nothing in form of sales tax

The Federal Board of Revenue (FBR) will get nothing in the form of sales tax despite sizeable escalation in the price of sugar in the open market as the prevailing method of sales tax calculation is based on assessable value of the commodity. Sources told
Published 02 Sep, 2010 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 (September 01, 2010).

Published 02 Sep, 2010 12:00am

Some sugar mills of Punjab: audit detects cases of ST short, non-payment

The Large Taxpayer Unit (LTU) at Lahore has detected short/non-payment of sales tax by several sugar mills of Punjab, causing huge loss to the national kitty. Sources told Business Recorder here on Tuesday that the audit teams of the tax department
Published 02 Sep, 2010 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (September 01, 2010).

Published 02 Sep, 2010 12:00am

Some sugar mills of Punjab: audit detects cases of ST short, non-payment

The Large Taxpayer Unit (LTU) at Lahore has detected short/non-payment of sales tax by several sugar mills of Punjab, causing huge loss to the national kitty. Sources told Business Recorder here on Tuesday that the audit teams of the tax department
Published 02 Sep, 2010 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (September 01, 2010).

Published 02 Sep, 2010 12:00am

Some sugar mills of Punjab: audit detects cases of ST short, non-payment

The Large Taxpayer Unit (LTU) at Lahore has detected short/non-payment of sales tax by several sugar mills of Punjab, causing huge loss to the national kitty. Sources told Business Recorder here on Tuesday that the audit teams of the tax department
Published 02 Sep, 2010 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 (September 01, 2010).

Published 02 Sep, 2010 12:00am

Sugar stocks: MoI&P, PSMA presenting contradictory figures

Ministry of Industries and Production (MoI&P) and Pakistan Sugar Mills Association (PSMA) are presenting contradictory figures with respect to sugar stocks held by mills, informed sources revealed to Business Recorder. According to the MoI&P, stock
Published 02 Sep, 2010 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 (September 01, 2010).

Published 02 Sep, 2010 12:00am

Sugar stocks: MoI&P, PSMA presenting contradictory figures

Ministry of Industries and Production (MoI&P) and Pakistan Sugar Mills Association (PSMA) are presenting contradictory figures with respect to sugar stocks held by mills, informed sources revealed to Business Recorder. According to the MoI&P, stock
Published 02 Sep, 2010 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (September 01, 2010).

Published 02 Sep, 2010 12:00am

Sugar stocks: MoI&P, PSMA presenting contradictory figures

Ministry of Industries and Production (MoI&P) and Pakistan Sugar Mills Association (PSMA) are presenting contradictory figures with respect to sugar stocks held by mills, informed sources revealed to Business Recorder. According to the MoI&P, stock
Published 02 Sep, 2010 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 02 Sep, 2010 12:00am

Carnage After Sunset: 30 killed, over 200 injured in Lahore

Thirty people were killed and over 200 others injured in three explosions at a Yaum-e-Ali procession here on Wednesday. The first blast of low intensity took place outside Karbala Gaamey Shah. Later, two suicide bombers blew themselves up in a crowd of th
Published 02 Sep, 2010 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 02 Sep, 2010 12:00am

Carnage After Sunset: 30 killed, over 200 injured in Lahore

Thirty people were killed and over 200 others injured in three explosions at a Yaum-e-Ali procession here on Wednesday. The first blast of low intensity took place outside Karbala Gaamey Shah. Later, two suicide bombers blew themselves up in a crowd of th
Published 02 Sep, 2010 12:00am

Karachi interbank rates

Karachi interbank rates on Wednesday (September 01, 2010).

Published 02 Sep, 2010 12:00am

Wall Street marks best day in eight weeks

Wall Street ended sharply higher on Wednesday, posting its best day in eight weeks, as investor mood brightened after better-than-expected factory data from the United States and China. Based on the latest available data, the Dow Jones industrial average
Published 02 Sep, 2010 12:00am

New York cotton

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

Published 02 Sep, 2010 12:00am

Wall Street marks best day in eight weeks

Wall Street ended sharply higher on Wednesday, posting its best day in eight weeks, as investor mood brightened after better-than-expected factory data from the United States and China. Based on the latest available data, the Dow Jones industrial average
Published 02 Sep, 2010 12:00am

New York cotton

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

Published 02 Sep, 2010 12:00am

Wall Street marks best day in eight weeks

Wall Street ended sharply higher on Wednesday, posting its best day in eight weeks, as investor mood brightened after better-than-expected factory data from the United States and China. Based on the latest available data, the Dow Jones industrial average
Published 02 Sep, 2010 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 02 Sep, 2010 12:00am

''Agility'' ready to sell PaCCS to FBR

The Kuwait-based software supplier, ''Agility'' is prepared to sell Pakistan Automated Customs Computerised System (PaCCS) to the Federal Board of Revenue (FBR), it is learnt. Even trade sector has offered to put up money for buying the system as it has b
Published 02 Sep, 2010 12:00am

Canadian canola futures mostly lower

ICE Canadian canola futures traded mostly lower on Tuesday as traders squared month-end positions and funds and farmers sat on the sidelines, traders said. Farmers not selling into cash market with wet turn in the weather, easing hedge pressure-trader. US
Published 02 Sep, 2010 12:00am

'Agility' ready to sell PaCCS to FBR

The Kuwait-based software supplier, 'Agility' is prepared to sell Pakistan Automated Customs Computerised System (PaCCS) to the Federal Board of Revenue (FBR), it is learnt. Even trade sector has offered to put up money for buying the system as it has bee
Published 02 Sep, 2010 12:00am

'Global 2010-11 soyabean crop over usage'

The global 2010/11 soyabean crop is likely to reach 257.27 million tonnes, above estimated season consumption of 253.8 million tonnes, Hamburg-based oilseeds analysts Oil World forecast on Tuesday. This compares with 2009/10 output of 260.7 million tonnes
Published 02 Sep, 2010 12:00am

'Agility' ready to sell PaCCS to FBR

The Kuwait-based software supplier, 'Agility' is prepared to sell Pakistan Automated Customs Computerised System (PaCCS) to the Federal Board of Revenue (FBR), it is learnt. Even trade sector has offered to put up money for buying the system as it has bee
Published 02 Sep, 2010 12:00am

China meets crushers over state soya reserve sales

China's grain authority in the top soya province of Heilongjiang has met with local crushers to seek their advise on sales of state soya reserves, local crusher officials said on Wednesday. But no decision was made on whether Beijing would continue to off
Published 02 Sep, 2010 12:00am

It's a preconceived conspiracy: Ijaz Butt

The Chairman of Pakistan Cricket Board (PCB), Ijaz Butt, has termed the investigation as 'strange', and part of 'preconceived conspiracy', as the raids on hotel rooms were conducted without prior approval of the ICC. In a letter to the Secretary General t
Published 02 Sep, 2010 12:00am

FAO cuts 2010 global wheat forecast on Russia's woes

Global wheat output is forecast to fall to 646 million tonnes this year, down 5 percent from 2009, the United Nations' food agency said on Tuesday, cutting its earlier projection due to lower crops in drought-hit Russia. Russia's wheat output is expected
Published 02 Sep, 2010 12:00am

It's a preconceived conspiracy: Ijaz Butt

The Chairman of Pakistan Cricket Board (PCB), Ijaz Butt, has termed the investigation as 'strange', and part of 'preconceived conspiracy', as the raids on hotel rooms were conducted without prior approval of the ICC. In a letter to the Secretary General t
Published 02 Sep, 2010 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 62,778 tonnes of cargo including 53,215 tonnes of import cargo, 9,563 tonnes of export cargo, 2,028 loaded and empty containers during last 24 hours ended at 0700 hours on Wednesday. The total import cargo of 53,215 tonnes compris
Published 02 Sep, 2010 12:00am

US wheat futures rise

US wheat futures rose more than 2 percent on Wednesday and corn rose over 1 percent as concern about tight supplies intensified after bad crop weather in top exporting nations. Strength in wheat also came from the poor quality of rain-damaged grain in Eur
Published 02 Sep, 2010 12:00am

Official cotton spot rate cut to Rs 6,500 on improving weather

Official spot rate was lowered on the cotton market on Wednesday as floodwater is going into the sea, dealers said. The Karachi Cotton Association (KCA) official spot rate was dropped by Rs 50 to Rs 6,500, they said. In the ready business over 10,000 bale
Published 02 Sep, 2010 12:00am

No business on grain market

The wholesale grain and seed markets were closed on Wednesday due to holiday on account of Hazrat Ali's Shahadat.
Published 02 Sep, 2010 12:00am

US Plains HRW wheat bids steady

Cash bids for hard red winter wheat in the US Plains were mostly steady on Wednesday amid tight storage and light movement, merchants said. Merchants noted steady but light farmer sales. Elevators began to worry about wheat storage space as corn harvest g
Published 02 Sep, 2010 12:00am

Retailers jump in for Carrefour Southeast Asia assets

At least four retailers from Europe and Asia are poised to submit first-round bids for Carrefour SA's roughly $1 billion-worth of Southeast Asian assets on Wednesday, sources said, showing robust demand for the retail operations. France's Carrefour, Europ
Published 02 Sep, 2010 12:00am

Buyers step up for AIG's Taiwan unit

Taiwan's Fubon Financial put its name forward on Wednesday as a possible buyer of American International Group Inc's (AIG) Taiwan unit after the collapse of a planned $2.2 billion sale to a Chinese-led group. Fubon, one of the losing bidders for the Nan S
Published 02 Sep, 2010 12:00am

Burger King has been considering sale

Burger King Holdings Inc has been considering a possible sale and has held talks with potential buyers, a source familiar with the situation said on Wednesday, lifting its shares 18.5 percent. The second-biggest US hamburger chain has underperformed rival
Published 02 Sep, 2010 12:00am

Germany faces biggest wheat imports in decade

Germany may import up to one million tonnes of milling wheat in the coming year, its first major imports for a decade, after rain seriously damaged the country's harvest, the head of German flour mills association VDM said on Wednesday. Most of the import
Published 02 Sep, 2010 12:00am

China may probe BHP's bid for Potash

China may launch an antimonopoly probe into BHP Billiton's $39 billion bid for Canada's Potash Corp, the China Business News said on Wednesday, citing a source familiar with the matter. China will also review the merger of two Russian potash firms - Uralk
Published 02 Sep, 2010 12:00am

Asian bonds recover, KDB to launch deal

State-owned Korea Development Bank (KDB) plans to price debt as early as Wednesday, taking advantage of a broad market recovery as upbeat data from China and Australia lifted investor sentiment. The Asia ex-Japan iTraxx investment-grade index narrowed 3 b
Published 02 Sep, 2010 12:00am

Taiwan stocks up

Taiwan stocks closed up 0.68 percent on Wednesday as investors sought bargains after the previous day's fall, but Quanta Computer Inc fell after it reported weaker-than-expected quarterly earnings. Deng said the TAIEX could face selling pressure when it h
Published 02 Sep, 2010 12:00am

Southeast Asian markets: Thailand stocks scales 14-year high

Indonesian shares rose 1.7 percent to snap a three-day losing streak on Wednesday as fears over inflation eased, while strong growth in emerging Southeast Asian economies supported other markets in the region. Annual inflation in Indonesia, Southeast Asia
Published 02 Sep, 2010 12:00am

Wall Street ends dismal month on flat note

US stocks ended little changed in choppy trading on Tuesday, closing out an August the bulls would like to forget. Positive data surprises sustained a rally for most of the session, but declines in technology shares capped overall gains. The S&P 500 bounc
Published 02 Sep, 2010 12:00am

European CDS tighter

European credit spreads tightened marginally on Wednesday, tracking other risk markets, with Asian stocks rebounding on reports of strong manufacturing in China and better-than-expected US consumer confidence data. The primary market has reopened and more
Published 02 Sep, 2010 12:00am

Treasuries gain

US Treasury debt prices gained on Tuesday after the release of minutes from the August 10 Federal Reserve policy meeting said Fed policymakers saw increasing risks to economic growth. The minutes underscored investors' concerns that the US recovery is fal
Published 02 Sep, 2010 12:00am

Indian shares record best gain in 10 weeks

Indian shares began the month on a positive note led by software firms and closed Wednesday 1.3 percent higher, their best gain in 10 weeks, tracking regional markets which were boosted by a Chinese manufacturing rebound. India's top software services fir
Published 02 Sep, 2010 12:00am

Hong Kong shares up, Shanghai stocks down

Shanghai stocks slipped on Wednesday as profit taking and concerns about shrinking profit margains offset a pick up in Chinese manufacturing activity that helped boost other Asian markets. Hong Kong shares staged a small technical rebound, with the benchm
Published 02 Sep, 2010 12:00am

Nikkei climbs

Japan's Nikkei average rose 1.2 percent after hitting a 16-month low on Wednesday, drawing support from a halt in the rapid advance in the yen on a manufacturing rebound in China and stronger-than-expected growth in Australia. Market players said other he
Published 02 Sep, 2010 12:00am

Seoul shares rise

Seoul shares rose on Wednesday boosted by auto counters including Kia Motors, which gained on solid August sales data, and rallies in domestic consumption-focused issues such as Lotte Shopping. The Korea Composite Stock Price Index (KOSPI) ended up 1.26 p
Published 02 Sep, 2010 12:00am

European shares record biggest gain in three months

European shares registered their biggest daily gain in more than three months on Wednesday, on strong manufacturing data from the United States and China, the world's two biggest economies. The FTSEurofirst 300 index of leading European shares rose 2.9 pe
Published 02 Sep, 2010 12:00am

FTSE posts biggest daily gain in two months

M&A talk among the travel, telecoms and mining sectors helped Britain's top shares to their biggest daily gain in almost two months on Wednesday, as strong manufacturing data from the US and China boosted sentiment. The FTSE 100 closed up 141.19 points, o
Published 02 Sep, 2010 12:00am

Euro lending rates steady

Euro interbank lending rates were steady on Wednesday, a day ahead of a European Central Bank meeting expected to approve the provision of unlimited funding to the banking sector at least until year-end. With parts of the eurozone banking system still hea
Published 02 Sep, 2010 12:00am

Sterling falls versus euro

Sterling hit a three-week low against the euro on Wednesday after a UK purchasing managers' survey came in sharply lower than expectations, raising concerns the UK economy could struggle in the coming months. Against the dollar, the pound rose strongly, h
Published 02 Sep, 2010 12:00am

Yen slips in Asia

The yen fell on Wednesday as the Australian dollar surged on faster-than-expected growth in Australia's economy and a moderate rebound in China's manufacturing sector. The yen extended losses slightly after Japanese ruling party powerbroker Ichiro Ozawa,
Published 02 Sep, 2010 12:00am

Dollar falls versus majors in London

The dollar fell versus a basket of currencies on Wednesday as upbeat data from China and Australia revived shaky equity markets and gave a boost to risk sentiment. Australia's economy grew at the fastest pace in three years in the second quarter as househ
Published 02 Sep, 2010 12:00am

Midday trade: dollar slides broadly

The US dollar fell against major currencies on Wednesday after upbeat data around the world soothed worries about the health of the global economy, boosting investors' appetite for riskier assets. The euro climbed above $1.2850 and the Australian dollar s
Published 02 Sep, 2010 12:00am

Yen rises in New York

The yen rose and was on track for its fourth consecutive monthly advance against the dollar on Tuesday, its longest winning streak in 19 months, as investors shrugged off Japan's latest easing move. Demand for the safe-haven currency rose in the past mont
Published 02 Sep, 2010 12:00am

Indian rupee retreats

The Indian rupee retreated from a more than one-month low on Wednesday, boosted by firm domestic shares and supported by losses in the dollar against major currencies overseas. The partially convertible rupee ended Wednesday at 46.805/815 per dollar, stro
Published 02 Sep, 2010 12:00am

Won and ringgit lead rally

The South Korean won and Malaysian ringgit led a broad Southeast Asian currency rally on Wednesday as Chinese and Indian data revived appetite for risk assets, sending stocks in the region higher. China's manufacturing sector regained some momentum in Aug
Published 02 Sep, 2010 12:00am

Swiss franc takes breather

The Swiss franc slipped off the previous day's all-time high against the euro on Wednesday, as investors' worries about the global economy eased a bit following encouraging US and Australian economic data. Against the greenback the Swissie, which investor
Published 02 Sep, 2010 12:00am

Yuan slips versus dollar

The yuan closed lower against the dollar on Wednesday after scoring its biggest monthly loss in August since its landmark 2005 revaluation, guided by a weak mid-point and ignoring a rebound in China's manufacturing sector. The yuan's weakness comes as a s
Published 02 Sep, 2010 12:00am

Australian dollar climbs

The Australian dollar tore higher on Wednesday, hitting four-month highs on its New Zealand neighbour, spurred on by an impressive domestic growth report and firm Chinese data. The Australian dollar climbed as far as $0.9004 after data showed Australia's
Published 02 Sep, 2010 12:00am

Sindh University vice chancellor leaves for US

The Vice Chancellor Sindh University Professor Dr Nazir A Mughal proceeded to USA on a personal visit under ex-Pakistan leave up to September 12, here on Wednesday. The Sindh University has issued a notification in this regard. According to notification,
Published 02 Sep, 2010 12:00am

Electrofair 2010 begins from August 21

Many exhibitions are being held now-a-days which cater to products ranging from consumer goods to textile and other leading industry. However, it has long been felt that no platform exists in the country, which effectively projects the latest developments
Published 02 Sep, 2010 12:00am

Low cost housing scheme's progress reviewed

Punjab Chief Minister Shahbaz Sharif presided over a meeting on Wednesday organised to review progress of low cost housing schemes. Chairman Punjab Land Development Company, Sheikh Allaudin gave a detailed briefing. The chief minister said that the Punjab
Published 02 Sep, 2010 12:00am

Jamaat-e-Islami condemns misbehaviour with military team in US

Jamaat-e-Islami secretary general, Liaquat Baloch, has condemned the misbehaviour with a high level Pakistani military delegation in the US and said this should be an eye opener for the Pakistani rulers and policy makers claiming to be US's front line all
Published 02 Sep, 2010 12:00am

Leather industry facing persistent decline in exports: Agha

The National Environmental Quality Standards (NEQS) which were fixed at level of 150 mg/liter chemical oxygen demand (COD) are unachievable for the leather industry thus the government should immediately provide interim relief and reduce the NEQ standards
Published 02 Sep, 2010 12:00am

'Variety of chemicals changed course of modern history'

Federal Minister for Environment Hameed Ullah Jan Afridi said that a variety of chemicals have changed the course of modern history and have acted as catalyst in improving the living standards of human race. He said this during his meeting with a delegati
Published 02 Sep, 2010 12:00am

Minimum wages to labourers still a dream

It has become a 'dream' for the poor labourers that they would be provided with the minimum wage of Rs 7,000, fixed by the federal government, as industries are reluctant to comply with the decision, it is learnt. More than 60 percent industries in Sindh
Published 02 Sep, 2010 12:00am

Sania Mirza out

India's Sania Mirza saw her US Open hopes come crashing down on Tuesday when she lost a second-round tie 6-2, 6-4 to Anastasia Pavlyuchenkova of Russia. The 23-year-old from Hyderabad, who is battling back after dropping out of the world top 100 due to a
Published 02 Sep, 2010 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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