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Nov 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-11-26
Index sheds 19.49 points

Index sheds 19.49 points

Bearish trend continued at the local share market on Thursday and the KSE-100 index lost another 19.49 points to close at the level of 11,135.34 points. The market opened on a positive note and the index hits 11,228.07 points intra-day high level, up 73.2
Published 26 Nov, 2010 12:00am
Prime Minister discusses regional issues with Putin

Prime Minister discusses regional issues with Putin

Prime Min-ister Syed Yousuf Raza Gilani and his Russian counterpart Vladimir Putin met here on Thursday and discussed bilateral, regional and international matters of mutual interest.
Published 26 Nov, 2010 12:00am
Prime Minister discusses regional issues with Putin

Prime Minister discusses regional issues with Putin

Prime Min-ister Syed Yousuf Raza Gilani and his Russian counterpart Vladimir Putin met here on Thursday and discussed bilateral, regional and international matters of mutual interest.
Published 26 Nov, 2010 12:00am
Prime Minister discusses regional issues with Putin

Prime Minister discusses regional issues with Putin

Prime Min-ister Syed Yousuf Raza Gilani and his Russian counterpart Vladimir Putin met here on Thursday and discussed bilateral, regional and international matters of mutual interest.
Published 26 Nov, 2010 12:00am
Pakistan, China vow to strengthen strategic ties

Pakistan, China vow to strengthen strategic ties

Prime Minister Yousuf Raza Gilani and Chinese Premier Wen Jiabao on Thursday reiterated the resolve to further strengthen their strategic bilateral ties in trade, economy, energy, defence and other areas.
Published 26 Nov, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (November 25, 2010).

Published 26 Nov, 2010 12:00am
Pakistan, China vow to strengthen strategic ties

Pakistan, China vow to strengthen strategic ties

Prime Minister Yousuf Raza Gilani and Chinese Premier Wen Jiabao on Thursday reiterated the resolve to further strengthen their strategic bilateral ties in trade, economy, energy, defence and other areas.
Published 26 Nov, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (November 25, 2010).

Published 26 Nov, 2010 12:00am
Pakistan, China vow to strengthen strategic ties

Pakistan, China vow to strengthen strategic ties

Prime Minister Yousuf Raza Gilani and Chinese Premier Wen Jiabao on Thursday reiterated the resolve to further strengthen their strategic bilateral ties in trade, economy, energy, defence and other areas.
Published 26 Nov, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (November 25, 2010).

Published 26 Nov, 2010 12:00am
Gilani seeks full SCO membership

Gilani seeks full SCO membership

Prime Minister Syed Yousuf Raza Gilani while reiterating Pakistan''s sincere desire for active participation in the economic development of region under the SCO on Thursday called for early up-gradation of the country''s status as full member of the impor
Published 26 Nov, 2010 12:00am
Gilani seeks full SCO membership

Gilani seeks full SCO membership

Prime Minister Syed Yousuf Raza Gilani while reiterating Pakistan's sincere desire for active participation in the economic development of region under the SCO on Thursday called for early up-gradation of the country's status as full member of the importa
Published 26 Nov, 2010 12:00am
Gilani seeks full SCO membership

Gilani seeks full SCO membership

Prime Minister Syed Yousuf Raza Gilani while reiterating Pakistan's sincere desire for active participation in the economic development of region under the SCO on Thursday called for early up-gradation of the country's status as full member of the importa
Published 26 Nov, 2010 12:00am
Two percent power tariff hike by first week of December planned

Two percent power tariff hike by first week of December planned

The Ministry of Water and Power plans to increase power tariff by 2 percent in the first week of next month (December) as per agreement with the international financial institutions, well-informed sources told Business Recorder.
Published 26 Nov, 2010 12:00am
Two percent power tariff hike by first week of December planned

Two percent power tariff hike by first week of December planned

The Ministry of Water and Power plans to increase power tariff by 2 percent in the first week of next month (December) as per agreement with the international financial institutions, well-informed sources told Business Recorder.
Published 26 Nov, 2010 12:00am
Two percent power tariff hike by first week of December planned

Two percent power tariff hike by first week of December planned

The Ministry of Water and Power plans to increase power tariff by 2 percent in the first week of next month (December) as per agreement with the international financial institutions, well-informed sources told Business Recorder.
Published 26 Nov, 2010 12:00am
Reduce expenditure, tax agriculture: opposition conditions its support

Reduce expenditure, tax agriculture: opposition conditions its support

The major opposition parties wanted to link the approval of recommendations on Reformed GST with commitment from the government to reduce expenditure, eliminate corruption from public sector institutions, taxing agriculture, and real estate and plugging a
Published 26 Nov, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (November 25, 2010).

Published 26 Nov, 2010 12:00am
Reduce expenditure, tax agriculture: opposition conditions its support

Reduce expenditure, tax agriculture: opposition conditions its support

The major opposition parties wanted to link the approval of recommendations on Reformed GST with commitment from the government to reduce expenditure, eliminate corruption from public sector institutions, taxing agriculture, and real estate and plugging a
Published 26 Nov, 2010 12:00am
Reduce expenditure, tax agriculture: opposition conditions its support

Reduce expenditure, tax agriculture: opposition conditions its support

The major opposition parties wanted to link the approval of recommendations on Reformed GST with commitment from the government to reduce expenditure, eliminate corruption from public sector institutions, taxing agriculture, and real estate and plugging a
Published 26 Nov, 2010 12:00am
Revision of penalties under RGST sought

Revision of penalties under RGST sought

Senate Stan-ding Committee on Finance and Revenue has recommended rationalisation of penalties under the Reformed General Sales Tax (RGST). It also proposed inclusion of all exempted food items of the Sales Tax Act 1990 along with medicines and stationery
Published 26 Nov, 2010 12:00am
Revision of penalties under RGST sought

Revision of penalties under RGST sought

Senate Stan-ding Committee on Finance and Revenue has recommended rationalisation of penalties under the Reformed General Sales Tax (RGST). It also proposed inclusion of all exempted food items of the Sales Tax Act 1990 along with medicines and stationery
Published 26 Nov, 2010 12:00am
Revision of penalties under RGST sought

Revision of penalties under RGST sought

Senate Stan-ding Committee on Finance and Revenue has recommended rationalisation of penalties under the Reformed General Sales Tax (RGST). It also proposed inclusion of all exempted food items of the Sales Tax Act 1990 along with medicines and stationery
Published 26 Nov, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (November 25, 2010).

Published 26 Nov, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (November 25, 2010).
Published 26 Nov, 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 Thursday (November 25, 2010).

Published 26 Nov, 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 Thursday (November 25, 2010).

Published 26 Nov, 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 Thursday (November 25, 2010).

Published 26 Nov, 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 Thursday (November 25, 2010).

Published 26 Nov, 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 26 Nov, 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 26 Nov, 2010 12:00am
Grain market closed

Grain market closed

The local wholesale grain and seed markets remained closed on Thursday due to death anniversary of Hasrat Usman Ghani (R.A.), according to the merchants group's announcement.
Published 26 Nov, 2010 12:00am
Sweetened milk up on Jodia Bazar

Sweetened milk up on Jodia Bazar

The trading in sweetened milk ended up on Jodia Bazar here on Thursday. The following change was noted.
Published 26 Nov, 2010 12:00am
South Africa harvests biggest maize crop in 30 years

South Africa harvests biggest maize crop in 30 years

South Africa's May 2009-April 2010 maize harvest rose 6 percent from the previous season, making it the country's biggest crop in three decades, the Crop Estimates Committee (CEC) said on Thursday. South Africa reaped 12.815 million tonnes of maize in the
Published 26 Nov, 2010 12:00am
US wheat futures higher

US wheat futures higher

US wheat futures closed higher on Wednesday on support from commercial buying and dry weather in the US Plains hard red winter wheat region, which could stress the newly seeded crop and reduce 2011 US wheat production. CBOT December up 5-1/2 cents per bus
Published 26 Nov, 2010 12:00am
Corn and soya premiums steady at US Gulf

Corn and soya premiums steady at US Gulf

US corn and soyabean export premiums held steady at the US Gulf Coast on Wednesday in muted trading ahead of Thursday's US Thanksgiving Day holiday. China remained largely on the sidelines, traders said, following a USDA announcement early Wednesday that
Published 26 Nov, 2010 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 86,734 tonnes of cargo including 71,651 tonnes of import cargo, 15,083 tonnes of export cargo, 2,857 loaded and empty containers during last 24 hours ended at 0700 hours on Thursday. The total import cargo of 71,651 tonnes compris
Published 26 Nov, 2010 12:00am
Vietnam January-November rice exports rise 10.5 percent

Vietnam January-November rice exports rise 10.5 percent

Vietnam's rice exports in the first 11 months of this year rose an estimated 10.5 percent from the same period last year to a record 6.21 million tonnes, the government estimated on Thursday. The General Statistics Office said rice export revenues between
Published 26 Nov, 2010 12:00am
Lint prices remain range-bound; spot rate unchanged on cotton market

Lint prices remain range-bound; spot rate unchanged on cotton market

Firmness prevailed on the local cotton market on Thursday as growers and ginners held the stock on expectations of further rise in the rates, dealers said. The Karachi Cotton Association (KCA) spot rate was left unchanged at Rs 8,300. In the meantime seed
Published 26 Nov, 2010 12:00am
Cotton prices perk up again

Cotton prices perk up again

After the free fall of New York cotton futures prices soon after attaining majestic level of US Cents 157.23 per pound on 10th November 2010 domestic lint prices also continued to swing downwards over the past fortnight or so. However, pursuant to the fir
Published 26 Nov, 2010 12:00am
Cotton prices perk up again

Cotton prices perk up again

After the free fall of New York cotton futures prices soon after attaining majestic level of US Cents 157.23 per pound on 10th November 2010 domestic lint prices also continued to swing downwards over the past fortnight or so. However, pursuant to the fir
Published 26 Nov, 2010 12:00am
EU set to accept Visa Europe antitrust offer

EU set to accept Visa Europe antitrust offer

EU regulators will next month accept Visa Europe's pledge to cut its debit card fees and drop antitrust charges that could have brought a fine to the payments network, two sources familiar with the case said on Thursday.
Published 26 Nov, 2010 12:00am
AirAsia posts 151.6 percent jump in profit

AirAsia posts 151.6 percent jump in profit

Malaysian budget carrier AirAsia on Thursday said net profit jumped 151.6 percent in the third quarter as passenger demand picked up. Southeast Asia's largest budget airline by fleet size said net profit for the July-to-September quarter rose to 327.29 mi
Published 26 Nov, 2010 12:00am
AirAsia posts 151.6 percent jump in profit

AirAsia posts 151.6 percent jump in profit

Malaysian budget carrier AirAsia on Thursday said net profit jumped 151.6 percent in the third quarter as passenger demand picked up. Southeast Asia's largest budget airline by fleet size said net profit for the July-to-September quarter rose to 327.29 mi
Published 26 Nov, 2010 12:00am
BoE's Posen accuses King of being too political

BoE's Posen accuses King of being too political

Bank of England Governor Mervyn King crossed the line by endorsing the Conservative-Liberal Democrat coalition government's austerity plan shortly after the May election, policymaker Adam Posen said on Thursday. Posen's unprecedented criticism left King d
Published 26 Nov, 2010 12:00am
Britain seeks EU support on bank bonus disclosures

Britain seeks EU support on bank bonus disclosures

Finance minister George Osborne is to write to his EU counterparts as Britain seeks common rules on the disclosure of bankers' bonuses, a Treasury spokesperson said on Thursday. It follows the conclusions of a government-commissioned report a year ago tha
Published 26 Nov, 2010 12:00am
Mazda to recall more than 72,000 cars

Mazda to recall more than 72,000 cars

Japanese automaker Mazda Motor said Thursday it would recall more than 72,000 cars at home and overseas due to a fuel pump defect that may cause their engines to stall. In Japan, Mazda will recall a total of 28,238 units of its Premacy and Biante models p
Published 26 Nov, 2010 12:00am
International air traffic recovery strengthens: IATA

International air traffic recovery strengthens: IATA

The recovery in international air traffic strengthened in October, with passengers up five percent above pre-economic crisis levels, industry group IATA said Thursday. "As we approach the end of 2010, growth is returning to a more normal pattern," said Gi
Published 26 Nov, 2010 12:00am
Middle East markets: Kuwait banks slide

Middle East markets: Kuwait banks slide

Kuwaiti banks slid on Thursday as the country's index fell for a third day in four, with investors cautious ahead of a $12 billion stake sale in telecoms operator Zain to Abu Dhabi's Etisalat. Other Middle East markets were lacklustre. Zain ended flat at
Published 26 Nov, 2010 12:00am
Corruption scandal hits Indian shares

Corruption scandal hits Indian shares

The Indian stock market fell 0.7 percent on Thursday to its lowest close in more than two months as a new corruption scandal rocked the country, hitting shares of banks and other companies allegedly involved in exchanging bribes for large corporate loans.
Published 26 Nov, 2010 12:00am
Nikkei average rises

Nikkei average rises

Japan's Nikkei average rose 0.5 percent on Thursday and edged back towards a five-month high hit earlier this week, supported by demand from overseas investors and the yen's recent dip against the dollar. Tokyo shares regained some of the ground lost the
Published 26 Nov, 2010 12:00am
Wall Street jumps

Wall Street jumps

Wall Street rallied as US stock investors put aside worries about swirling global problems on Wednesday, turning to improvement in the labour market and signs consumers are ready to open their wallets ahead of the biggest shopping day of the year.
Published 26 Nov, 2010 12:00am
US markets closed

US markets closed

US stocks, financial and commodity markets were remained shut on Thursday for the US Thanksgiving Day holiday. Trading will resume on Friday.
Published 26 Nov, 2010 12:00am
Treasuries stumble

Treasuries stumble

The US Treasuries market stumbled on Wednesday, snapping three days of gains, as data that signalled improving labour conditions boosted stocks and eroded the safe-haven appeal of government debt. Compounding the market selloff was the weak bidding for $2
Published 26 Nov, 2010 12:00am
Treasuries stumble

Treasuries stumble

The US Treasuries market stumbled on Wednesday, snapping three days of gains, as data that signalled improving labour conditions boosted stocks and eroded the safe-haven appeal of government debt. Compounding the market selloff was the weak bidding for $2
Published 26 Nov, 2010 12:00am
South East Asian stocks mostly up

South East Asian stocks mostly up

Most Southeast Asian stock markets gained on Thursday, with Indonesian shares recouping losses as inflows returned and as investors bought battered commodities across the region, including palm plantation stocks. Indonesia's main stock index reversed a tw
Published 26 Nov, 2010 12:00am
Shanghai, Hong Kong shares up

Shanghai, Hong Kong shares up

Shares in China rose on Thursday as banks and property counters rebounded, while exporter Li & Fung Ltd outperformed in Hong Kong on signs that US consumer spending is picking up. Shanghai's main stock index closed 1.3 percent higher, while Hong Kong's Ha
Published 26 Nov, 2010 12:00am
European shares surge

European shares surge

European shares ended higher on Thursday, with heavyweight mining shares boosted by rising metals prices and bid interest in Capital Shopping Centres lifting the real estate sector. The pan-European FTSEurofirst 300 index of top shares ended 0.5 percent h
Published 26 Nov, 2010 12:00am
Taiwan stocks up

Taiwan stocks up

Taiwan shares rose 0.64 percent on Thursday, led by tourism stocks after media reports authorities on both sides of the Taiwan Strait will meet on the issue of allowing individual free tourism by Chinese to Taiwan. The main TAIEX share index ended 52.94 p
Published 26 Nov, 2010 12:00am
Seoul shares lower

Seoul shares lower

Seoul shares gave up initial gains and turned lower on Thursday, adding to losses since North Korea's artillery attack as investors remained cautious ahead of key data and US holiday sales, analysts said. The main Seoul stock market's benchmark KOSPI was
Published 26 Nov, 2010 12:00am
Miners, banks, real estate haul FTSE higher

Miners, banks, real estate haul FTSE higher

Britain's leading shares pushed higher on Thursday, buoyed by strength in heavyweight miners and banks, and by gains from real estate issues as Capital Shopping Centres bounced on bid interest. At the close, the FTSE 100 was up 41.83 points, or 0.7 percen
Published 26 Nov, 2010 12:00am
Yuan surges

Yuan surges

China's yuan closed higher against the dollar on Thursday after the People's Bank of China set a stronger mid-point even in the face of the dollar edging higher overnight.
Published 26 Nov, 2010 12:00am
Sterling falls versus euro

Sterling falls versus euro

Sterling fell against the euro on Thursday with the single currency under pressure on concerns was Ireland's debt crisis may spread, while the pound held steady after briefly falling to a one-month low versus the dollar.
Published 26 Nov, 2010 12:00am
Euro struggles in Asia

Euro struggles in Asia

The euro struggled near a two-month low as the eurozone debt crisis showed signs of spilling over from Ireland to other countries even after Ireland unveiled an ambitious austerity plan.
Published 26 Nov, 2010 12:00am
Euro remains under pressure in London

Euro remains under pressure in London

The euro remained under pressure on Thursday on turmoil surrounding eurozone debt but held above a two-month low against the dollar after a push to the downside was stemmed largely by corporate demand.
Published 26 Nov, 2010 12:00am
Euro falls versus dollar in New York trade

Euro falls versus dollar in New York trade

Worries that Ireland's fiscal crisis could spread to other eurozone countries drove the euro down to a two-month low beneath $1.33 on Wednesday, and traders said the currency is probably in for more losses in the days ahead.
Published 26 Nov, 2010 12:00am
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