News Archives for Print - 2010-10-16

US treasuries bid yields

US treasuries bid yields on Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

Italy sets conditions for backing aid

Italian Foreign Minister Franco Frattini warned on Friday that Italy''s support for special trade favours to Pakistan is conditional on "regional" rivals being denied similar concessions. Italy is the country in the European Union holding up a British pro

Published 16 Oct, 2010 12:00am

US treasuries bid yields

US treasuries bid yields on Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

Italy sets conditions for backing aid

Italian Foreign Minister Franco Frattini warned on Friday that Italy's support for special trade favours to Pakistan is conditional on "regional" rivals being denied similar concessions. Italy is the country in the European Union holding up a British prop

Published 16 Oct, 2010 12:00am

US treasuries bid yields

US treasuries bid yields on Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

Italy sets conditions for backing aid

Italian Foreign Minister Franco Frattini warned on Friday that Italy's support for special trade favours to Pakistan is conditional on "regional" rivals being denied similar concessions. Italy is the country in the European Union holding up a British prop

Published 16 Oct, 2010 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

Exchange for aid: World tells Pakistan to shape up

World powers told Pakistan that post-flood aid was part of a "two-way" deal on reform Friday, as Islamabad also offered to lend a hand to regional peace by facilitating Afghan-Taliban talks. After US Secretary of State Hillary Clinton demanded Pakistan''s

Published 16 Oct, 2010 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

Exchange for aid: World tells Pakistan to shape up

World powers told Pakistan that post-flood aid was part of a "two-way" deal on reform Friday, as Islamabad also offered to lend a hand to regional peace by facilitating Afghan-Taliban talks. After US Secretary of State Hillary Clinton demanded Pakistan's

Published 16 Oct, 2010 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

Exchange for aid: World tells Pakistan to shape up

World powers told Pakistan that post-flood aid was part of a "two-way" deal on reform Friday, as Islamabad also offered to lend a hand to regional peace by facilitating Afghan-Taliban talks. After US Secretary of State Hillary Clinton demanded Pakistan's

Published 16 Oct, 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 16 Oct, 2010 12:00am

Ogra declines plea for raise in SNGPL tariff

The Oil and Gas Regulatory Authority (Ogra) has turned down the request of Sui Northern Gas Pipeline (SNGPL) to raise gas tariff by Rs 2.43 per mmbtu and, instead has revised the average prescribed price downward by Rs 2.93 per mmbtu.

Published 16 Oct, 2010 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

Ogra declines plea for raise in SNGPL tariff

The Oil and Gas Regulatory Authority (Ogra) has turned down the request of Sui Northern Gas Pipeline (SNGPL) to raise gas tariff by Rs 2.43 per mmbtu and, instead has revised the average prescribed price downward by Rs 2.93 per mmbtu.

Published 16 Oct, 2010 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

Ogra declines plea for raise in SNGPL tariff

The Oil and Gas Regulatory Authority (Ogra) has turned down the request of Sui Northern Gas Pipeline (SNGPL) to raise gas tariff by Rs 2.43 per mmbtu and, instead has revised the average prescribed price downward by Rs 2.93 per mmbtu.

Published 16 Oct, 2010 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

Tax payment deadline extended

Federal Board of Revenue (FBR) here on Friday extended the date for payment of taxes/duty for tax period September 2010 and filing of sales tax and federal excise duty returns up to October 25, 2010. It has issued instructions to Large Taxpayer Units (LTU

Published 16 Oct, 2010 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

Tax payment deadline extended

Federal Board of Revenue (FBR) here on Friday extended the date for payment of taxes/duty for tax period September 2010 and filing of sales tax and federal excise duty returns up to October 25, 2010. It has issued instructions to Large Taxpayer Units (LTU

Published 16 Oct, 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 Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

Tax payment deadline extended

Federal Board of Revenue (FBR) here on Friday extended the date for payment of taxes/duty for tax period September 2010 and filing of sales tax and federal excise duty returns up to October 25, 2010. It has issued instructions to Large Taxpayer Units (LTU

Published 16 Oct, 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 Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

BRIndex30 up 19.15 points

On Friday, the BRIndex30 opened at 7,726.38 points and remained in green throughout the trading time, except for a short dip near the middle. It touched the intra-day high of 7,785.75 points and low of 7,718.66 points and closed at 7,745.53 points with a

Published 16 Oct, 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 Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

BRIndex30 up 19.15 points

On Friday, the BRIndex30 opened at 7,726.38 points and remained in green throughout the trading time, except for a short dip near the middle. It touched the intra-day high of 7,785.75 points and low of 7,718.66 points and closed at 7,745.53 points with a

Published 16 Oct, 2010 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

Index gains 22.82 points

Positive trend continued at Karachi share market on Friday and KSE-100 index rose by 0.22 percent or 22.82 points. The KSE-100 index rose to 10,431.84 points from 10,409.02 points. The market opened in green zone and remained positive for entire day. The

Published 16 Oct, 2010 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

Index gains 22.82 points

Positive trend continued at Karachi share market on Friday and KSE-100 index rose by 0.22 percent or 22.82 points. The KSE-100 index rose to 10,431.84 points from 10,409.02 points. The market opened in green zone and remained positive for entire day. The

Published 16 Oct, 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 Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

Index gains 22.82 points

Positive trend continued at Karachi share market on Friday and KSE-100 index rose by 0.22 percent or 22.82 points. The KSE-100 index rose to 10,431.84 points from 10,409.02 points. The market opened in green zone and remained positive for entire day. The

Published 16 Oct, 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 Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

28 percent decline in July-September foreign investment

Net foreign investment posted a decline of 28 percent during the first quarter of the current fiscal year, mainly due to low portfolio investment. The central bank on Friday said that net foreign investment comprising foreign direct investment (FDI) and p

Published 16 Oct, 2010 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

28 percent decline in July-September foreign investment

Net foreign investment posted a decline of 28 percent during the first quarter of the current fiscal year, mainly due to low portfolio investment. The central bank on Friday said that net foreign investment comprising foreign direct investment (FDI) and p

Published 16 Oct, 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 16 Oct, 2010 12:00am

28 percent decline in July-September foreign investment

Net foreign investment posted a decline of 28 percent during the first quarter of the current fiscal year, mainly due to low portfolio investment. The central bank on Friday said that net foreign investment comprising foreign direct investment (FDI) and p

Published 16 Oct, 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 16 Oct, 2010 12:00am

2.7 million existing taxpayers: FBR for levying income tax surcharge

The Federal Board of Revenue (FBR) has suggested levying income tax surcharge on the 2.7 million existing income tax payers of the country to generate additional funds for flood victims while there is no proposal which specifically targets the rich and th

Published 16 Oct, 2010 12:00am

Karachi interbank rates

Karachi interbank rates on Friday (October 15, 2010).

Published 16 Oct, 2010 12:00am

2.7 million existing taxpayers: FBR for levying income tax surcharge

The Federal Board of Revenue (FBR) has suggested levying income tax surcharge on the 2.7 million existing income tax payers of the country to generate additional funds for flood victims while there is no proposal which specifically targets the rich and th

Published 16 Oct, 2010 12:00am

New York cotton

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

Published 16 Oct, 2010 12:00am

2.7 million existing taxpayers: FBR for levying income tax surcharge

The Federal Board of Revenue (FBR) has suggested levying income tax surcharge on the 2.7 million existing income tax payers of the country to generate additional funds for flood victims while there is no proposal which specifically targets the rich and th

Published 16 Oct, 2010 12:00am

New York cotton

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

Published 16 Oct, 2010 12:00am

RGST on services still seeks consensus

The National Finance Commission (NFC) Technical Standing Committee on Reformed General Sales Tax (RGST) on services was unable to reach consensus on provincial legislation pertaining to RGST on services.

Published 16 Oct, 2010 12:00am

BRIDGE NOTES: Not more than three

More often than not I keep illustrating defensive problems because defence is the most difficult part of bridge and quite often we see even the best slip in defence much to the delight of the dejected declarer who had almost given up hope of making his bi

Published 16 Oct, 2010 12:00am

RGST on services still seeks consensus

The National Finance Commission (NFC) Technical Standing Committee on Reformed General Sales Tax (RGST) on services was unable to reach consensus on provincial legislation pertaining to RGST on services.

Published 16 Oct, 2010 12:00am

Liaquat - the man and his achievements

The fifty nine years after Prime Minister Liaquat Ali Khan's tragic death, his work and achievement could be seen in a better perspective than it was possible immediately after his death in 1951. Through the years, his compelling personality has risen in

Published 16 Oct, 2010 12:00am

RGST on services still seeks consensus

The National Finance Commission (NFC) Technical Standing Committee on Reformed General Sales Tax (RGST) on services was unable to reach consensus on provincial legislation pertaining to RGST on services.

Published 16 Oct, 2010 12:00am

ART FACTS: Mixed visual ideas

Muhammad Ashraf shared his keen observations of everyday life happenings, culture and our political system with the viewers in a recent exhibition at the Artchowk Gallery, Karachi, entitled 'Laughters of Idiocy'. For Ashraf Art is a supreme captivating fo

Published 16 Oct, 2010 12:00am

Prime Minister to address nation on October 17

Federal Minister for Law, Justice and Parliamentary Affairs Dr Babar Awan said on Friday that Prime Minister Yousuf Raza Gilani will address the nation on Sunday night to clarify the government's stance on what happened on late Thursday night. "The premie

Published 16 Oct, 2010 12:00am

LITERARY NOTES: Anis Nagi and Akhyar Sahab

The passing away of Anis Nagi will be received by most of Urdu readers as the death of a writer they have seldom appreciated or met. The reason lies in Nagi's aloofness from the humdrum of literary life characterised by literary sittings, seminars and wor

Published 16 Oct, 2010 12:00am

Prime Minister to address nation on October 17

Federal Minister for Law, Justice and Parliamentary Affairs Dr Babar Awan said on Friday that Prime Minister Yousuf Raza Gilani will address the nation on Sunday night to clarify the government's stance on what happened on late Thursday night. "The premie

Published 16 Oct, 2010 12:00am

KARACHI CHRONICLE: Those who visit shrines

In the dim light of dawn, shivering in the early morning chill, a long queue of devotees formed outside Abdullah Shah Ghazi shrine when it was opened to public three days after two suicide bombers blew themselves up at the entrance gate, killing eight per

Published 16 Oct, 2010 12:00am

Gilani, Asfandyar meet Zardari

Prime Minister Syed Yousuf Raza Gilani called on President Asif Ali Zardari here at Aiwan-e-Sadr on Friday. Matters related to the forthcoming Pak-US Strategic Dialogue and current situation in country were discussed during the meeting. Meanwhile, Preside

Published 16 Oct, 2010 12:00am

Europe's rightward turn

It's hard not to chuckle a little at Europe's turn to the right. In the Wall Street Journal James Kirchick of Radio Free Europe/Radio Liberty suggests that the image American liberals harbour of Europe as a bastion of tolerance and peace-loving burghers i

Published 16 Oct, 2010 12:00am

Gilani, Asfandyar meet Zardari

Prime Minister Syed Yousuf Raza Gilani called on President Asif Ali Zardari here at Aiwan-e-Sadr on Friday. Matters related to the forthcoming Pak-US Strategic Dialogue and current situation in country were discussed during the meeting. Meanwhile, Preside

Published 16 Oct, 2010 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 16 Oct, 2010 12:00am

Government denies reports of 'secret' plans

The government on Friday denied media reports of 'secrete' plans of purging Supreme Court judges by withdrawing the executive order that restored deposed judges on March 16, 2009 but warned the judiciary from playing politics. Warning the judges of superi

Published 16 Oct, 2010 12:00am

No business on grain market

No change was seen on the wholesale grain and seed market on Friday as most of the players were busy in preparations for Juma prayers.

Published 16 Oct, 2010 12:00am

Government denies reports of 'secret' plans

The government on Friday denied media reports of 'secrete' plans of purging Supreme Court judges by withdrawing the executive order that restored deposed judges on March 16, 2009 but warned the judiciary from playing politics. Warning the judges of superi

Published 16 Oct, 2010 12:00am

US wheat futures mostly lower

US wheat futures closed mostly lower on Thursday as a downturn in corn prices cast a bearish tone on the market that some traders viewed as overbought. Profit-taking also weighed on prices as traders said there was little fundamental reason for prices to

Published 16 Oct, 2010 12:00am

Experience compels Supreme Court not to rely on verbal assurance

The proceedings in Court Room No 1 of the Supreme Court on Friday reflected the fact that the full bench of the Supreme Court 2010 had learned a valuable lesson from its own experience of November 2, 2007: that media reports of imminent extra constitution

Published 16 Oct, 2010 12:00am

Canadian canola futures close high

Canadian canola futures were higher Thursday afternoon, benefiting from higher US soyabean markets and a slowdown in hedge selling by farmers harvesting canola. Canola harvest in the Prairie Provinces advanced this week, nearing 84 percent finished in Sas

Published 16 Oct, 2010 12:00am

Experience compels Supreme Court not to rely on verbal assurance

The proceedings in Court Room No 1 of the Supreme Court on Friday reflected the fact that the full bench of the Supreme Court 2010 had learned a valuable lesson from its own experience of November 2, 2007: that media reports of imminent extra constitution

Published 16 Oct, 2010 12:00am

Japan and Korea face noodle wheat shortage

Japanese and Korean buyers of premium noodle wheat from Australia face the risk of shortages as dry weather slashes wheat production in Australia's top grain export state, a leading noodle wheat exporter said on Thursday. CBH Group said noodle wheat was a

Published 16 Oct, 2010 12:00am

ISPR contradicts news: CoAS meeting with President, Prime Minister

A spokes-man of Inter Services Public Relations (ISPR) on Friday contradicted a news item aired by some TV channels regarding meeting of Chief of the Army Staff General Ashfaq Parvez Kayani with President Asif Ali Zardari and Prime Minster Yusuf Raza Gila

Published 16 Oct, 2010 12:00am

US corn futures fall

Corn futures weakened at the Chicago Board of Trade for the second day in a row on Thursday, turning lower following a firm opening as a rally in crude oil prices lost steam, traders said. Traders said the corn market might be prone to dips as investors l

Published 16 Oct, 2010 12:00am

ISPR contradicts news: CoAS meeting with President, Prime Minister

A spokes-man of Inter Services Public Relations (ISPR) on Friday contradicted a news item aired by some TV channels regarding meeting of Chief of the Army Staff General Ashfaq Parvez Kayani with President Asif Ali Zardari and Prime Minster Yusuf Raza Gila

Published 16 Oct, 2010 12:00am

Argentina's wheat output seen 11.3-12 million tonnes

Argentina's 2010/11 wheat output is seen at between 11.3 million and 12 million tonnes, up from the 11.3 million tonnes estimated previously, the Buenos Aires Grains Exchange said on Thursday. Argentina is one of the world's leading suppliers of wheat and

Published 16 Oct, 2010 12:00am

No, you can't do that: Supreme Court

Taking stock of situation arising out of some real or perceived threats to judiciary, the Supreme Court on Friday directed 'all administrative and constitutional heads' to refrain from destabilising the judiciary.

Published 16 Oct, 2010 12:00am

FOB Gulf soya premiums supported by active sales to China

Soyabean export premiums at the US Gulf Coast held mostly steady on Thursday, underpinned by strong demand from China, traders said. Nearby offers unquoted as Gulf export terminals sold out of capacity through November. Basis bids for CIF soyabean barges,

Published 16 Oct, 2010 12:00am

No, you can't do that: Supreme Court

Taking stock of situation arising out of some real or perceived threats to judiciary, the Supreme Court on Friday directed 'all administrative and constitutional heads' to refrain from destabilising the judiciary.

Published 16 Oct, 2010 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 81,288 tonnes of cargo including 56,018 tonnes of import, 25,270 tonnes of export cargo and 3,160 loaded and empty containers (TEUs) during last 24 hours ended at 0700 hours on Friday. The total import cargo of 56,018 tonnes compr

Published 16 Oct, 2010 12:00am

Five soldiers killed in Taliban attack

Five soldiers were killed in a Taliban attack on a check post in South Waziristan, security officials said Friday. The militants launched their attack overnight on Talab check post in mountainous Sararogha district of South Waziristan region, they said. "

Published 16 Oct, 2010 12:00am

Cotton prices at all-time high under uncertain supply

Cotton prices touched the all-time high mark on the local market on Friday on rising demand and hovering uncertainties about the future deals with India, dealers said. The Karachi Cotton Association (KCA) official spot rate was sharply higher by Rs 100 to

Published 16 Oct, 2010 12:00am

Five soldiers killed in Taliban attack

Five soldiers were killed in a Taliban attack on a check post in South Waziristan, security officials said Friday. The militants launched their attack overnight on Talab check post in mountainous Sararogha district of South Waziristan region, they said. "

Published 16 Oct, 2010 12:00am

Chemical items move both ways on Jodia Bazar

The trading in chemical items closed mixed on Jodia Bazar here on Friday.

Published 16 Oct, 2010 12:00am

Delay in 20 percent cut in sensitive list: India blocks Safta countries'' negotiations

India has reportedly blocked negotiations among the South Asian Free Trade Area (Safta) countries over the much delayed reduction in sensitive list by 20 percent, sources told Business Recorder. "Deliberations are underway among the Safta countries

Published 16 Oct, 2010 12:00am

HSBC scraps talks over Nedbank purchase

Global banking giant HSBC announced on Friday that it had scrapped talks with British insurer Old Mutual over the purchase of a majority holding in South Africa's Nedbank. "HSBC Holdings plc announces that discussions with Old Mutual plc about the possibl

Published 16 Oct, 2010 12:00am

Delay in 20 percent cut in sensitive list: India blocks Safta countries' negotiations

India has reportedly blocked negotiations among the South Asian Free Trade Area (Safta) countries over the much delayed reduction in sensitive list by 20 percent, sources told Business Recorder. "Deliberations are underway among the Safta countries

Published 16 Oct, 2010 12:00am

US trade panel OKs final duties on China steel pipe

A US trade panel on Friday gave final approval to steep import duties on hundreds of millions of dollar of steel pipe from China to offset government subsidies and other unfair trade practices. The US International Trade Commission vote is a victory for t

Published 16 Oct, 2010 12:00am

Delay in 20 percent cut in sensitive list: India blocks Safta countries' negotiations

India has reportedly blocked negotiations among the South Asian Free Trade Area (Safta) countries over the much delayed reduction in sensitive list by 20 percent, sources told Business Recorder. "Deliberations are underway among the Safta countries

Published 16 Oct, 2010 12:00am

Low US inflation rate bites millions of retirees

Social Security benefits will not automatically increase next year for 58 million Americans because of the low US inflation rate, the Social Security Administration announced on Friday. This is the second year in a row that retirees and millions of disabl

Published 16 Oct, 2010 12:00am

China says yuan must not be 'scapegoat' for US economic woes

China said Friday the yuan exchange rate must not be used as a "scapegoat" for the United States' economic woes, ahead of a Treasury Department report that could label the country a currency manipulator. "The United States can't use domestic reasons to pa

Published 16 Oct, 2010 12:00am

US inflation slows, consumer prices up

US inflation slowed more than expected in September even as retail sales picked up, keeping pressure on the Federal Reserve to act soon to lessen the risk of a downward price spiral. The US consumer price index rose 0.1 percent in September and the core i

Published 16 Oct, 2010 12:00am

Bernanke sees case for more Fed easing

US Federal Reserve Chairman Ben Bernanke said on Friday there was a case for further monetary easing given high unemployment and low inflation, but he offered no details on the central bank's next step. It was the most explicit signal yet from Bernanke th

Published 16 Oct, 2010 12:00am

General Electric posts sales slump, rattles recovery hopes

General Electric Co posted a sharper-than-expected drop in revenue on slack demand for wind turbines, railroad locomotives and other heavy equipment, casting doubts about the pace of the US recovery.

Published 16 Oct, 2010 12:00am

Google trumps Wall Street targets

Google Inc blew past Wall Street's quarterly expectations as a 25-percent revenue surge offset rising expenses, sending its shares 9 percent higher. Executives offered investors a first - and what they said was a one-time - glimpse of sales generated by i

Published 16 Oct, 2010 12:00am

Chavez clinches energy, nuclear deals on Russia visit

Venezuela's maverick President Hugo Chavez clinched a host of deals Friday to boost a burgeoning relationship with Russia, including an accord to build the first nuclear power plant in his country. As well as the accord for Russia to build and operate the

Published 16 Oct, 2010 12:00am

Japan's Honda to recall 126,774 vehicles in Brazil

Japanese carmaker Honda Motor Co said Friday it is recalling 126,774 units of its City and New Fit models in Brazil over a pedal defect. A Honda spokesman said the automaker is recalling the City and New Fit units manufactured in Brazil between May 2008 a

Published 16 Oct, 2010 12:00am

Malaysia unveils budget to lure investors

Malaysian Prime Minister Najib Razak on Friday unveiled a 2011 budget aimed at drawing in foreign investors who have shunned the country in favour of more dynamic neighbours. Najib promised major infrastructure projects, financial market liberalisation an

Published 16 Oct, 2010 12:00am

Seoul shares slightly up

Seoul shares inched up 0.1 percent on Friday helped by gains in some technology issues including LG Display, but insurers such as Samsung Life Insurance Co Ltd extended their retreat. The Korea Composite Stock Price Index (KOSPI) ended up 0.13 percent at

Published 16 Oct, 2010 12:00am

Indian shares fall to lowest close in October

Indian shares shed 1.8 percent on Friday and fell to their lowest close in the month, as investors opted to lock in profit ahead of state-run Coal India's up to $3.5 billion share sale, the country's largest ever, next week. It fell for the second straigh

Published 16 Oct, 2010 12:00am

Nikkei average falls

Japan's Nikkei average fell 0.9 percent on Friday, hurt by broad profit-taking after a rally the day before and as financial stocks tracked their Wall Street peers lower on worries about a widening US foreclosure crisis. Analysts said that market players

Published 16 Oct, 2010 12:00am

Friday's afternoon trade: Nasdaq rises, Dow falls

A blow-out quarter from Google pushed the Nasdaq up 1 percent on Friday, while the Dow fell as bank shares once again sank on concerns about the widening foreclosure crisis. The S&P was flat following the most heavily traded morning for the index in at le

Published 16 Oct, 2010 12:00am

Banks drag US stocks lower

Banks led US stocks lower on Thursday as investors fretted a widening foreclosure crisis could undermine the market's strength over the last five weeks. The S&P 500 has rallied 11.9 percent since September 1 and volume has picked up from anemic levels. Bu

Published 16 Oct, 2010 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 27	157.88
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.25
Euro to USD / Dec 27	1.04

Stock	Volume
S&P 500 / Dec 26	6,037.59
Nasdaq / Dec 26	20,020.36
Dow Jones / Dec 26	43,325.80
India Sensex / Dec 27	78,791.05
Tokyo Nikkei / Dec 27	40,281.16
Hang Seng / Dec 27	20,096.01
FTSE 100 / Dec 27	8,137.45
Germany DAX 30 / Dec 27	19,830.60

Item	Value
Gold 10 Grams PKR / Dec 26	234,911.70
Petrol/Litre / Dec 27	252.10
Crude Oil USD/Barrel / Dec 27	69.54
Karachi Cotton PKR/37.32 KG / Dec 27	17,785
Gold Spot USD/Ounce / Dec 27	2,634.16
Diesel/Litre / Dec 27	255.38

Stock	Price
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Trust Sec.& Brok. / Dec 27 Trust Securities & Brokerage Limited(TSBL)	12.71 ▲ 1.16 (10.04%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)
Liven Pharma / Dec 27 Liven Pharma Limited(LIVEN)	124.41 ▲ 11.31 (10.00%)
Nimir Resins / Dec 27 Nimir Resins Limited(NRSL)	35.41 ▲ 3.22 (10.00%)
Suhail Jute / Dec 27 Suhail Jute Mills Limited(SUHJ)	108.97 ▲ 9.91 (10.00%)
Pak Gulf Leasing / Dec 27 Pak-Gulf Leasing Company Limited(PGLC)	17.39 ▲ 1.58 (9.99%)
Shams Textile / Dec 27 Shams Textile Mills Limited(STML)	28.68 ▲ 2.57 (9.84%)

Stock	Price
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Olympia Mills / Dec 27 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Sardar Chemical / Dec 27 Sardar Chemical Industries Limited(SARC)	33.04 ▼ -3.63 (-9.90%)
Hafiz Ltd. / Dec 27 Hafiz Limited(HAFL)	255 ▼ -26.68 (-9.47%)
Premium Textile / Dec 27 Premium Textile Mills Limited(PRET)	351 ▼ -33.21 (-8.64%)
Kohinoor Mills / Dec 27 Kohinoor Mills Limited(KML)	29.50 ▼ -2.53 (-7.90%)
B.R.R. Guardian / Dec 27 B.R.R. Guardian Limited(BRRG)	21 ▼ -1.77 (-7.77%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	93,341,113 ▲ 1.34
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	49,879,145 ▲ 0.00
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 1.72
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.07
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	24,578,068 ▲ 0.54
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	24,568,564 ▲ 0.32
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	24,455,646 ▲ 0.94
K-Electric Ltd. / Dec 27 K-Electric Limited(KEL)	22,753,854 ▲ 0.05
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	17,934,003 ▼ -0.06

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