News Archives for Print - 2010-12-16

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Print - 2010-12-16

Spot dollar rates

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

Published 16 Dec, 2010 12:00am

Money Market Report

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

Published 16 Dec, 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 (December 15, 2010).

Published 16 Dec, 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 (December 15, 2010).

Published 16 Dec, 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 (December 15, 2010).

Published 16 Dec, 2010 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (December 15, 2010).

Published 16 Dec, 2010 12:00am

LIBOR calculating interest on US dollar

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

Published 16 Dec, 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 (December 15, 2010).

Published 16 Dec, 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 (December 15, 2010).

Published 16 Dec, 2010 12:00am

Exchange rates: buying and selling

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

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

Karachi interbank rates

Karachi interbank rates on Wednesday (December 15, 2010).

Published 16 Dec, 2010 12:00am

New York cotton

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

Published 16 Dec, 2010 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 16 Dec, 2010 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 100,573 tonnes of cargo including 64,586 tonnes of import cargo, 35,987 tonnes of export cargo, 5,775 loaded and empty containers during last 24 hours ended at 0700 hours on Wednesday. The total import cargo of 64,586 tonnes compr

Published 16 Dec, 2010 12:00am

Ivorian cocoa arrivals down

Declared cocoa arrivals at ports in top grower Ivory Coast hit 369,216 tonnes by December 5 since the start of the season in October, according to data from regulator BCC obtained by Reuters on Tuesday. The figures stood below the 430,555 tonnes arriving

Published 16 Dec, 2010 12:00am

Canadian canola futures fall

ICE Canadian canola futures fell off new contract highs to snap their longest streak of gains in nearly six months on Tuesday as investors took profits, traders said. Total volume of 28,551 was largest since October 26, due to brisk inter-month spreading.

Published 16 Dec, 2010 12:00am

La Nina threatens Argentina's corn, soya crops

La Nina, which is raising concerns over Argentina's corn and soya crops, could hit the South American country again next season and cause even worse damage to yields, a climate specialist said on Tuesday. Argentina is one of the world's leading exporters

Published 16 Dec, 2010 12:00am

Lint prices, spot rate higher on cotton market

Firmness prevailed on the local cotton market on Wednesday as prices in ready business and official spot rate went up ahead of Muharram holidays, dealers said. The Karachi Cotton Association (KCA) spot rate was raised by Rs 200 to 9,100. Seed cotton price

Published 16 Dec, 2010 12:00am

Lethargic condition on cotton market

Due to Muharram holidays on the 16th and the 17th of December, 2010 followed by the weekend, condition here on the cotton market is quite lackluster and the lull in business is expected to spill over into next week. Business is likely to resume at the beg

Published 16 Dec, 2010 12:00am

Lethargic condition on cotton market

Published 16 Dec, 2010 12:00am

Ghana enters new oil era with Jubilee launch

Ghana joined the ranks of Africa's oil exporters on Wednesday, pledging to work to ensure lucrative new revenues further bolster one of the continent's rising star economies. President John Atta Mills, wearing safety gear and blue overalls, opened the val

Published 16 Dec, 2010 12:00am

Rich countries to up taxes, US needs rethink: OECD

The United States requires a "fundamental rethink" of its tax system, and many industrialised countries will have to raise taxes above pre-crisis levels to reduce their deficits, the OECD said on Wednesday. Jeffrey Owens, director of the Organisation of E

Published 16 Dec, 2010 12:00am

World Bank says $49.3 billion pledged to help poorest

Rich and emerging market nations agreed to put up $49.3 billion to top up a World Bank fund to aid the world's poorest countries, digging deeper to find more money despite strained budgets at home. World Bank President Robert Zoellick said on Wednesday th

Published 16 Dec, 2010 12:00am

Greek police clash with anti-austerity protesters

Greek protesters clashed with police and set fire to cars and a hotel in central Athens on Wednesday as tens of thousands marched against austerity measures aimed at pulling the country out of a debt crisis. Riot police answered with dozens of rounds of t

Published 16 Dec, 2010 12:00am

US production data points to sustained recovery

US industrial production rose at its fastest pace in four months in November, implying a self-sustaining recovery is now entrenched, but a mild gain in consumer prices indicated still abundant slack in the economy. Industrial output rebounded 0.4 percent,

Published 16 Dec, 2010 12:00am

Moscow starts ruble yuan trading

Russia on Wednesday started trading the Chinese yuan against the ruble as Moscow and Beijing seek to challenge the dollar and promote the use of national currencies. China and Russia, which both seek to promote their national currencies world-wide, have r

Published 16 Dec, 2010 12:00am

Britain's jobless total hits 2.5 million

The number of unemployed in Britain has hit 2.5 million after rising for the first time in six months, official data showed Wednesday, as economists predicted further gloom amid deep spending cuts. The jobless total rose by 35,000 in the three months to O

Published 16 Dec, 2010 12:00am

Volkswagen recalls 377,000 cars

Volkswagen Wednesday announced a recall of 377,000 cars in the United States and Canada because of potential fuel leaks. According to the company, a design flaw means a plastic tab might chafe against a fuel supply line, potentially causing the leaks. A c

Published 16 Dec, 2010 12:00am

Japan's business mood worsens

Japanese manufacturers' business sentiment worsened for the first time in nearly two years this quarter but the gloom was not as severe as expected, giving the Bank of Japan breathing room before pondering its next move. But big manufacturers expect condi

Published 16 Dec, 2010 12:00am

World big enough for India, China growth: Wen

Chinese Premier Wen Jiabao began a visit to India on Wednesday, pledging to improve market access for Indian companies and insisting the world was big enough for both Asian giants to prosper as partners. Wen said he was looking forward to an early launch

Published 16 Dec, 2010 12:00am

Europe's debt crisis poses little risk to Asia: UN

Asia-Pacific economies face little risk of being dragged down by Europe's debt crisis but authorities in the region must remain vigilant to potential risks, a senior UN economist said Wednesday. "The likelihood of contagion is very, very limited," said Na

Published 16 Dec, 2010 12:00am

Wages rise in Asia

Wages rose about 8 per cent in Asia last year, despite the global financial crisis that cut wage growth in most regions, an International Labour Organisation report (ILO) revealed Wednesday. "In 2009 the provisional estimate for wage growth is 8 per cent

Published 16 Dec, 2010 12:00am

Spain gets debt warning before EU summit

Ratings agency Moody's warned Spain on Wednesday its credit rating could be downgraded, highlighting concerns about eurozone debt contagion on the eve of a European Union summit. Moody's said it was concerned about Spain's high debt funding needs, its hea

Published 16 Dec, 2010 12:00am

South East Asian stocks mostly down

Indonesia's stock market fell to a two-week low on Wednesday, led by banks, and most other Southeast Asian markets were lower after Federal Reserve comments that highlighted the weakness of the US recovery. Indonesia, the region's best performer with a 44

Published 16 Dec, 2010 12:00am

Seoul shares at three-year high

Seoul shares ended slightly higher at a three-year closing high on Wednesday, led by shipyards and crude refiners and supported by improving US economic growth forecasts. The Korea Composite Stock Price Index (KOSPI) closed up 0.42 percent at 2,017.48 poi

Published 16 Dec, 2010 12:00am

Indian shares dip

Indian shares snapped a three-session winning streak and shed 0.8 percent on Wednesday as a rise in fuel prices sparked concerns over inflation, while shares in state-run oil marketing companies rallied. Weak world equities also weighed on sentiment.

Published 16 Dec, 2010 12:00am

Wednesday's midday trade: stocks modestly up

US stocks rose modestly on Wednesday after encouraging economic data and as investors continued to favour shares that have seen strong gains. Industrial production rose in November, while consumer prices ticked up, suggesting the Federal Reserve will comp

Published 16 Dec, 2010 12:00am

US stocks flat

US stocks cut gains to end mostly flat after a late-day sell-off on Tuesday as yet another cautious statement from the Federal Reserve on the economy offset strong retail sales data for November. With trading volume still anaemic, the afternoon's drop cou

Published 16 Dec, 2010 12:00am

Taiwan stocks up

Taiwan stocks rose 0.19 percent on Wednesday, as a surge in the local currency pushed up property developers for a second day but pushed down electronics exporters on concerns of forex losses. Kingdom Construction, a major real estate firm in northern Tai

Published 16 Dec, 2010 12:00am

Treasuries extend losses

US Treasuries extended their recent losses on Tuesday after the Federal Reserve showed no signs of curtailing its stimulus measures, raising the prospect of accelerating economic growth as well as inflation. Some analysts, however, looked to Federal Reser

Published 16 Dec, 2010 12:00am

Treasuries extend losses

Published 16 Dec, 2010 12:00am

Middle East markets: Egypt's Orascom Telecom falls

Egypt's Orascom Telecom (OT) suffered its largest decline for two weeks on Wednesday after Algeria hit the operator's local unit Djezzy with a $230 million final tax demand for 2008 and 2009. Most Middle East markets fell in muted trade, with little news

Published 16 Dec, 2010 12:00am

Hong Kong, Shanghai shares down

China and Hong Kong shares fell on Wednesday with losses from profit-taking accelerating after Moody's warned it may downgrade Spain's debt. Hong Kong's Hang Seng slid 2 percent, wiping out all of its weekly gains, although the decline came on still tepid

Published 16 Dec, 2010 12:00am

Nikkei holds gains Otsuka debut

Japan's Nikkei average held on to gains on Wednesday after hitting a seven-month closing high the day before, with a subdued economic statement by the Federal Reserve despite strong US retail sales for November prompting investors to snap up profits.

Published 16 Dec, 2010 12:00am

Australian shares end flat

Australian shares closed barely changed on Wednesday, with losses in the top miners offset by utilities, Westpac Banking Corp and top grocer Woolworths. The top miners gave up gains from the previous session, following a month in which they have outperfor

Published 16 Dec, 2010 12:00am

European shares end lower

European shares fell on Wednesday, snapping their longest winning run in six months after Moody's said it could downgrade Spain's debt rating, leaving bank stocks among the day's biggest losers. However, the market pared early falls as better than expecte

Published 16 Dec, 2010 12:00am

Weak banks lead FTSE lower

Britain's leading share index slipped back on Wednesday, snapping a four-session winning streak, with banks the worst performers as investors' risk appetite waned on fresh eurozone debt concerns. The FTSE 100 ended down 9.03 points, or 0.2 percent at 5,88

Published 16 Dec, 2010 12:00am

Financing conditions tight for European borrowers

Financing conditions for European borrowers tightened on Wednesday to levels last seen in May as a Moody's warning to cut Spain's credit ratings reminded investors the eurozone sovereign debt crisis is far from over. Moody's put Spain's Aa1 rating on revi

Published 16 Dec, 2010 12:00am

Pound falls to 12-day low

Sterling fell to a 12-day low against the dollar on Wednesday after UK jobs data was weaker than forecast, pointing to a patchy economic recovery and prompting some traders to trim long positions. The pound also reversed earlier gains on the euro, with th

Published 16 Dec, 2010 12:00am

Dollar rises in Asia

The dollar rose against other major currencies on Wednesday after upbeat US economic data helped to send US Treasury yields higher, while the euro fell after credit rating agency Moody's said it may downgrade Spain's debt. Moody's put Spain's AA1 ratings

Published 16 Dec, 2010 12:00am

Euro falls, Swiss franc climbs in London

The euro fell against the dollar and hit a record low versus the Swiss franc on Wednesday after Moody's said it may downgrade Spain's debt rating, refocusing attention on contagion risks from the eurozone crisis. The Swiss currency gained as worries about

Published 16 Dec, 2010 12:00am

Euro declines in midday trade

The euro fell on Wednesday after Moody's said it may downgrade Spain's debt rating, but losses may be contained as investors await more developments about how policymakers will resolve the region's fiscal crisis. Analysts said the Moody's news, while clea

Published 16 Dec, 2010 12:00am

Dollar rises versus euro and yen

The US dollar rose against the euro and yen on Tuesday after the US Federal Reserve said the economic recovery was still too slow to bring down unemployment and reaffirmed its commitment to buy $600 billion in bonds to stimulate growth and create jobs.

Published 16 Dec, 2010 12:00am

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 70.65/70.69 (previous 70.61/70.67). Call Money Rates: 8.00-175.00 percent (previous 35.00-62.00 percent).

Published 16 Dec, 2010 12:00am

Australian off parity versus dollar

The Australian dollar lost some of its shine against its US counterpart on Wednesday, having traded as high as $1.0030 overnight, as a surge in US Treasury yields helped underpin the greenback. The Aussie last traded at $0.9935 versus $0.9977 late in New

Published 16 Dec, 2010 12:00am

Swiss franc moves towards record high

The Swiss franc pressed closer to all-time highs against the euro in early trading on Wednesday as the single currency came under renewed pressure over continuing eurozone sovereign debt concerns. The franc lost ground against the dollar as the greenback

Published 16 Dec, 2010 12:00am

Indian rupee tumbles

The Indian rupee weakened to a two-week low on Wednesday, weighed by losses in local shares, the euro's weakness against the dollar and subdued dollar inflows. The partially convertible rupee ended at 45.3950/4050 per dollar, off 45.4650, its lowest since

Published 16 Dec, 2010 12:00am

Most Asian currencies weaken

Most Asian currencies declined on Wednesday following the dollar's rebound but the Taiwan dollar bucked the trend by hitting a fresh 13-year high. Concerns of rising US Treasury yields drawing money away from Asia were compounded by thin end-of-the year m

Published 16 Dec, 2010 12:00am

Yuan a touch lower

China's yuan closed down slightly on Wednesday as the People's Bank of China set its mid-point a touch lower to mirror a rally in the US dollar index on Tuesday. But the PBOC's fixing changed so little that traders said it clearly indicated the central ba

Published 16 Dec, 2010 12:00am

Anti-corruption drive turns out to be feckless

The drive to eradicate corruption within a week announced by the Interior Minister Rehman Malik on November 1, time long since expired, lacked commitment and determination, well placed sources in Federal Investigation Agency (FIA) revealed to this scribe

Published 16 Dec, 2010 12:00am

USC reduces sugar price to Rs 60 per kg

The Utility Stores Corporation of Pakistan (USC) has reduced the price of sugar from Rs 65 per kg to Rs 60 per kg with immediate effect across the country. Addressing a press conference here on Wednesday, Utility Stores Corporation Managing Director Muham

Published 16 Dec, 2010 12:00am

World Bank-sponsored project: Wapda chief's son appointed consultant on hefty pay

The Ministry of Water and Power has reportedly appointed Water and Power Development Authority (Wapda) Chairman Shakeel Durrani's son as a consultant at hefty package on the World Bank sponsored project, sources in Economic Affairs Division (EAD) told

Published 16 Dec, 2010 12:00am

70 acres of land not sold but leased: Minister

The Khyber-Pakhtunkhwa government has not sold but leased 170 acres of land located on Mardan-Swabi road, well informed sources revealed to Business Recorder. Talking to Business Recorder, Information Minister KPK Mian Iftikhar Hussain clarified th
Published 16 Dec, 2010 12:00am

Person making threatening calls to MoI held

CID Police Islamabad Wednesday arrested the person who had made threatening calls to Ministry of Interior, a spokesman of Islamabad Police said. The man was held from Faisalabad and has been identified as Tahir Rasheed. Secretariat Police has registered a
Published 16 Dec, 2010 12:00am

Holbrooke's death: President visits US Embassy to offer condolences

President Asif Ali Zardari Wednesday visited the US Embassy to offer his condolences at the sad demise of Ambassador Richard Holbrooke. While recording his message in the Condolence Book, the President said "Pakistanis, like many other around the world, m
Published 16 Dec, 2010 12:00am

Australia eye all-pace attack for crunch Test

Australia are considering an all-pace bowling attack for the crucial third Ashes Test, but skipper Ricky Ponting admitted Wednesday he was still unsure of his best starting lineup. With less than 24 hours to go, Ponting said he wanted more time before nam
Published 16 Dec, 2010 12:00am

SAFF Women Football: Pakistan beat Maldives, face Afghanistan today

Pakistan will take on Khalida Popal led Afghanistan in their second group-B match of first SAFF Women Football Championship at Cox's Bazar, Bangladesh on Thursday (today). With two straight defeats, Maldives made their exit from the tournament while Nepal
Published 16 Dec, 2010 12:00am

Police lift PFF Football League title

Police slammed once in both session to become the champion of PFF League after brushing aside Chaman's Muslim FC 2-1 in the PFF League final at Garhi Shahue's Railway Stadium, Lahore on Wednesday. It was the final between two teams, having earned berth in
Published 16 Dec, 2010 12:00am

Mazembe take historic win

Tout Puissant Mazembe became the first African team to reach the Club World Cup final with a shock 2-0 win over Internacional of Brazil on Tuesday. Mazembe pulled off the biggest shock in the 10-year history of the Club World Cup by beating Internacional.
Published 16 Dec, 2010 12:00am

Sami faces probe for hotel brawl

Pakistani test bowler Mohammad Sami is under investigation after being accused of brawling and damaging hotel furniture while drunk, Karachi City Cricket Association president Siraj Bukhari told Reuters. "We have been told that Sami fought with a teammate
Published 16 Dec, 2010 12:00am

Sohail Tanvir ruled out of New Zealand tour

Pakistani left arm bowler Sohail Tanvir has been ruled out of the tour to New Zealand with a knee injury, team manager Intikhab Alam said on Wednesday. "He is not fully fit, he tried hard in the camp, but he requires more time as he faces problems while f
Published 16 Dec, 2010 12:00am

Players banned from Facebook, Twitter using

Pakistan has banned its cricketers from social networking sites Facebook and Twitter in the latest effort to exert discipline following a series of damaging scandals, an official said Wednesday. Team manager Intikhab Alam said the decision was taken after
Published 16 Dec, 2010 12:00am

Naming of Pakistan's World Cup probables delayed

Pakistan Cricket Board (PCB) has postponed the announcement of 30 probable for the Cricket World Cup 2011 following differences over the selection of a few players. Sources in the PCB claimed that the announcement of the squad has been delayed following d
Published 16 Dec, 2010 12:00am

Intel reports offer dim views of Afghan war

Two new classified intelligence reports on the war in Afghanistan say there is a limited chance of success unless Pakistan hunts down insurgents operating from havens on its Afghan border, The New York Times reported on Tuesday. The National Intelligence
Published 16 Dec, 2010 12:00am

Bus in India plunges, 29 killed

A bus carrying wedding guests plunged into a reservoir, killing 29 people in the southern Indian state of Karnataka, a police official said Wednesday. At least five people swam to safety. The bus veered off the road and fell into the deep waters of the re
Published 16 Dec, 2010 12:00am

27 dead in Australia boat tragedy

At least 27 refugees, including children, died Wednesday after their wooden boat shattered in violent seas off Australia before horrified witnesses, with fears as many as 50 could have perished. Customs officials confirmed that 42 people had survived the
Published 16 Dec, 2010 12:00am

Facebook's Mark Zuckerberg named Time Person of the Year

Mark Zuckerberg, the 26-year-old founder of social networking website Facebook, was selected Wednesday as Time magazine's Person of the Year. The distinction has been awarded since 1927, when it was initially called Man of the Year. The publication said t
Published 16 Dec, 2010 12:00am

Britain admits security lapses after Sweden blast

Britain admitted lapses in its attempts to tackle Islamist militancy on Wednesday after an attack in Sweden by a UK-educated bomber revived old charges the country is overly tolerant of the threat.
Published 16 Dec, 2010 12:00am

Iraq gets UN green light for civil nuclear plan

The UN Security Council on Wednesday gave Iraq the green light to develop a civilian nuclear programme, ending 19-year-old restrictions aimed at preventing the country from developing atomic weapons. In two other resolutions, the 15-nation council also wo
Published 16 Dec, 2010 12:00am

Obama administration sues BP, others on Gulf spill

The Obama administration sued BP Plc and four other companies tied to the Gulf of Mexico oil spill on Wednesday, charging violations of US environmental laws, in the opening salvo in what will likely be a lengthy legal battle. The lawsuit seeks damages fr
Published 16 Dec, 2010 12:00am

US Air Force internal computers block WikiLeaks websites

US Air Force personnel who try to view leaked WikiLeak diplomatic cables or stories about them are finding the websites blocked by management, The Wall Street Journal reported late Tuesday. Citing people familiar with the matter, the Journal reported that
Published 16 Dec, 2010 12:00am

Britain's upper house of parliament backs tuition fees hike

Britain's coalition government on Tuesday got through another test in its bid to hike tuition fees, after the plans were backed by the upper house of parliament despite an attempt to block them. After the proposals scraped through a vote in the lower hous
Published 16 Dec, 2010 12:00am

Red Cross paints grim Afghan picture before review

Worsening violence across Afghanistan is making it harder than at any time in three decades for aid groups to reach people in need, the Red Cross said on Wednesday, a day before Washington reveals a major strategy review. The US review of President Barack
Published 16 Dec, 2010 12:00am

EU lawmakers clear 2011 budget after standoff

The European Parliament approved the 2011 budget on Wednesday, after a battle with Britain and several other member states forced the legislature to cut some extra spending attacked as wrongheaded at a time when national governments are cutting back due t
Published 16 Dec, 2010 12:00am

EU parliament backs rules on citizens' proposals

A draft law allowing European Union citizens to propose changes to the bloc's rules passed its last political hurdle Wednesday as the European Parliament granted approval. The EU's Lisbon Treaty, which came into force on December 1, 2009, allows for "citi
Published 16 Dec, 2010 12:00am

Kenyan ministers named as suspects in vote violence

The International Criminal Court prosecutor named three Kenyan cabinet ministers and a former police chief on Wednesday among six suspects behind the east African country's post-election violence in 2008. The widely awaited announcement has the potential
Published 16 Dec, 2010 12:00am

Italy court toughens sentences for former CIA agents

An Italian appeals court sentenced 23 Americans to up to nine years in jail on Wednesday for the abduction of a Muslim cleric, in a symbolic condemnation of the CIA "rendition" flights used by the former US government. The sentences are tougher than those
Published 16 Dec, 2010 12:00am

Qatar-led team finds its first alien world

A Qatar-led international team has made its first find in its search for planets orbiting distant stars - a huge gas giant 20 percent larger than Jupiter that orbits a star 500 light years away. The planet has been named Qatar-1b and its discovery is to b
Published 16 Dec, 2010 12:00am

Gas load shedding a conspiracy to close down industries in province: chief minister Punjab

Punjab Chief Minister Shahbaz Sharif has said that gas load shedding in Punjab is a premeditated conspiracy to close down industries and compel the labourers to protest and bring people to streets. He was talking to media-men, after a meeting with the pre
Published 16 Dec, 2010 12:00am

Monitoring of city in Muharram: police take control of CDGK's Command, Control Room

Karachi Police have taken the control of "Command and Control Room" of City District Government Karachi (CDGK) to monitor the city during Muharram-ul-Haram, here on Wednesday. Asif Razzaq, Superintendent of Police (SP) Operation II has taken the charge of
Published 16 Dec, 2010 12:00am

Improvement in dealing with other departments: SKAA begins utilising internet

Sindh Katchi Abadi Authority (SKAA) has started utilising inter-net to bring rapid improvement in dealing with other departments of Sindh government. Director General SKAA, Irshad Ahmed Siddiqui while talking to Business Recorder here on Wednesday
Published 16 Dec, 2010 12:00am

Urban has more feudal mindsets than traditional feudal: Mumtaz

Chairman Sindh National Front (SNF) Nawab Mumtaz Bhutto has said that there is more feudal mindset in urban people then traditional feudals in villages. Talking to various delegations on Wednesday at Mirpur, Bhutto's ancestral village, Larkana, Nawab Bhut
Published 16 Dec, 2010 12:00am

REITs seen drawing local and foreign investment

Real Estate Investment Trusts (REIT) will help broaden investment in Pakistan from local and Gulf-based investors as the country struggles to promote itself as a growth market, Pakistan-based real estate executives said. Arif Habib, chief executive of Ari
Published 16 Dec, 2010 12:00am

Zulfiqar Mirza's statement: MQM gives 10-day deadline to PPP for clarification

Muttahida Qaumi Movement (MQM) on Wednesday gave 10-day deadline to Pakistan People's Party (PPP) leadership to clarify the provocative statement of Sindh Home Minister, Zulfiqar Mirza. This was decided in an emergency meeting of MQM's Co-ordination Commi
Published 16 Dec, 2010 12:00am

Editors pay homage to M A Zuberi

Council of Pakistan Newspaper Editors (Khushnood-Amir Group) (CPNE) while paying homage to pioneer of business and economic journalism in Pakistan and founder Editor-In-Chief Daily Business Recorder and Aaj News TV and former CPNE President,
Published 16 Dec, 2010 12:00am

Death condoled

Syed Ibne Hassan, Media Manager NIB Bank has offered his deepest condolences on the sad demise of M A Zuberi, Founder of Daily Business Recorder. He said that M A Zuberi was the pioneer of economic journalism in Pakistan, and his services to Pakist
Published 16 Dec, 2010 12:00am

Doyen remembered

The staff members of Business Recorder, at a condolence meeting held here on Wednesday, lauded the contributions of the late M. A. Zuberi, the founder and Editor-in-Chief of Business Recorder and Patron-in-Chief of Aaj News, that he r
Published 16 Dec, 2010 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / Nov 25

277.83

USD PKR Interbank Buying / Nov 25

277.73

USD to Japanese Yen / Nov 25

154.29

USD to Swiss Franc / Nov 25

0.89

Pound Sterling to USD / Nov 25

1.26

Euro to USD / Nov 25

1.05

Stock Volume

S&P 500 / Nov 22

5,969.34

Nasdaq / Nov 22

18,003.65

FTSE 100 / Nov 22

8,262.08

Dow Jones / Nov 22

44,296.51

Germany DAX 30 / Nov 22

19,322.59

France CAC40 / Nov 22

7,255.01

India Sensex / Nov 25

80,331.40

Tokyo Nikkei / Nov 25

38,933.62

Item Value

Karachi Cotton PKR/37.32 KG / Nov 22

17,785

Gold 10 Grams PKR / Nov 22

240,483

Petrol/Litre / Nov 25

248.38

Crude Oil USD/Barrel / Nov 25

70.68

Gold Spot USD/Ounce / Nov 25

2,664.27

Diesel/Litre / Nov 25

255.14

Gainers
Losers
Leaders

Stock Price

786 Invest Ltd / Nov 25

786 Investments Limited(786)

6.82

▼ 0.00 (0.00%)

AL-Abbas Sugar / Nov 25

Al-Abbas Sugar Mills Limited(AABS)

593.76

▼ 0.00 (0.00%)

Agro Allianz / Nov 25

Agro Allianz Limited(AAL)

16

▼ 0.00 (0.00%)

AL-Abid Silk / Nov 25

Al-Abid Silk Mills Limited(AASM)

3.49

▼ 0.00 (0.00%)

Ali Asghar / Nov 25

Ali Asghar Textile Mills Limited(AATM)

70.89

▼ 0.00 (0.00%)

Allied Bank / Nov 25

Allied Bank Limited(ABL)

120.21

▼ 0.00 (0.00%)

Abbott Lab. / Nov 25

Abbott Laboratories (Pakistan) Limited(ABOT)

1,023.10

▼ 0.00 (0.00%)

Abson Ind. / Nov 25

Abson Industries Limited(ABSON)

2.50

▼ 0.00 (0.00%)

Alfalah ETF. / Nov 25

Alfalah Consumer Index ETF.(ACIETF)

12.55

▼ 0.00 (0.00%)

Stock Price

786 Invest Ltd / Nov 25

786 Investments Limited(786)

6.82

▲ 0.00 (0.00%)

AL-Abbas Sugar / Nov 25

Al-Abbas Sugar Mills Limited(AABS)

593.76

▲ 0.00 (0.00%)

Agro Allianz / Nov 25

Agro Allianz Limited(AAL)

16

▲ 0.00 (0.00%)

AL-Abid Silk / Nov 25

Al-Abid Silk Mills Limited(AASM)

3.49

▲ 0.00 (0.00%)

Ali Asghar / Nov 25

Ali Asghar Textile Mills Limited(AATM)

70.89

▲ 0.00 (0.00%)

Allied Bank / Nov 25

Allied Bank Limited(ABL)

120.21

▲ 0.00 (0.00%)

Abbott Lab. / Nov 25

Abbott Laboratories (Pakistan) Limited(ABOT)

1,023.10

▲ 0.00 (0.00%)

Abson Ind. / Nov 25

Abson Industries Limited(ABSON)

2.50

▲ 0.00 (0.00%)

Alfalah ETF. / Nov 25

Alfalah Consumer Index ETF.(ACIETF)

12.55

▲ 0.00 (0.00%)

Stock Volume

WorldCall Telecom / Nov 25

Worldcall Telecom Limited(WTL)

177,135,830

▲ 0.00

K-Electric Ltd. / Nov 25

K-Electric Limited(KEL)

124,131,268

▲ 0.00

Hascol Petrol / Nov 25

Hascol Petroleum Limited(HASCOL)

105,013,176

▲ 0.00

Fauji Foods Ltd / Nov 25

Fauji Foods Limited(FFL)

77,697,371

▲ 0.00

Treet Battery / Nov 25

Treet Battery Limited(TBL)

43,783,366

▲ 0.00

B.O.Punjab / Nov 25

The Bank of Punjab(BOP)

36,573,763

▲ 0.00

Sui South Gas / Nov 25

Sui Southern Gas Company Limited(SSGC)

32,719,678

▲ 0.00

PIA Holding Co.Ltd / Nov 25

PIA Holding Company Limited(PIAHCLA)

27,969,689

▲ 0.00

Cnergyico PK / Nov 25

Cnergyico PK Limited(CNERGY)

25,874,820

▲ 0.00

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NJLI Sarmaya Growth Fund Rates

FBR seeks compulsory retirement regime to clear ‘dead wood’

Cars on the cards

SNGPL’s unaudited accounts for 3Q2023: Rs135.67bn GIDC recovery raises serious questions

Aleem apprised of challenges facing SEZs

Arrests made as PTI convoys en route to Islamabad for protest

Selling gas to third parties

Telenor, Orion Towers: CCP completes formalities of PTCL’s acquisition

Tax dept barred from demanding post-dated cheque, bank certificate

NJLI Sarmaya Growth Fund Rates

Telenor, Orion Towers: CCP completes formalities of PTCL’s acquisition

Privatisation of SIH concludes

Cars on the cards

Balochistan’s road infrastructure: Govt sets 3-year timeline for Rs400bn projects

Forex reserves on the rise

Banking sector saves the day as profit-taking erases intra-day gains, KSE-100 closes below 98,000

MoC analyses key reasons behind decline in exports

HIT converts HAVAL H6 into modern security vehicle

NJLI Sarmaya Growth Fund Rates

Telenor, Orion Towers: CCP completes formalities of PTCL’s acquisition

HIT converts HAVAL H6 into modern security vehicle

Banking sector saves the day as profit-taking erases intra-day gains, KSE-100 closes below 98,000

Cars on the cards

PM’s plants conversion claim not accepted: Phasing out gas, FO could save $3bn per year: China

FBR to depute officials at all sugar mills

Gold price per tola increases Rs2,500 in Pakistan

Rupee records marginal gain against US dollar

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 25	154.29
USD to Swiss Franc / Nov 25	0.89
Pound Sterling to USD / Nov 25	1.26
Euro to USD / Nov 25	1.05

Stock	Volume
S&P 500 / Nov 22	5,969.34
Nasdaq / Nov 22	18,003.65
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59
France CAC40 / Nov 22	7,255.01
India Sensex / Nov 25	80,331.40
Tokyo Nikkei / Nov 25	38,933.62

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 25	248.38
Crude Oil USD/Barrel / Nov 25	70.68
Gold Spot USD/Ounce / Nov 25	2,664.27
Diesel/Litre / Nov 25	255.14

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 25 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 25 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 25 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 25 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 25 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 25 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 25 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 25 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 25 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00