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Print - 2011-02-04
Index gains 116.67 points

Index gains 116.67 points

The revived investors' confidence over the expectations of early introduction of leverage product on Thursday invited renewed buying at the local bourse and supported the KSE-100 index to register a healthy gain of 116.67 points to close at 12,359.06 poin
Published 04 Feb, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (February 03, 2011).

Published 04 Feb, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (February 03, 2011).

Published 04 Feb, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (February 03, 2011).

Published 04 Feb, 2011 12:00am
Afridi retained as captain for ICC World Cup

Afridi retained as captain for ICC World Cup

Shahid Khan Afridi has been retained as the one-day captain for the ICC World Cup 2011, a private TV channel reported on late Thursday. The decision to name Afridi captain for the mega event was announced by Pakistan team manager Intikhab Alam in New Zeal
Published 04 Feb, 2011 12:00am
Afridi retained as captain for ICC World Cup

Afridi retained as captain for ICC World Cup

Shahid Khan Afridi has been retained as the one-day captain for the ICC World Cup 2011, a private TV channel reported on late Thursday. The decision to name Afridi captain for the mega event was announced by Pakistan team manager Intikhab Alam in New Zeal
Published 04 Feb, 2011 12:00am
Automatic clearance of ST refund: FBR introduces new provision in ERS

Automatic clearance of ST refund: FBR introduces new provision in ERS

The Federal Board of Revenue (FBR) has introduced a new provision in the Expeditious Refund System (ERS) for automatic clearance of sales tax refund under no objection to avoid blockage of claims under the electronic system. In this regard, the FBR has am
Published 04 Feb, 2011 12:00am
Automatic clearance of ST refund: FBR introduces new provision in ERS

Automatic clearance of ST refund: FBR introduces new provision in ERS

The Federal Board of Revenue (FBR) has introduced a new provision in the Expeditious Refund System (ERS) for automatic clearance of sales tax refund under no objection to avoid blockage of claims under the electronic system. In this regard, the FBR has am
Published 04 Feb, 2011 12:00am
Automatic clearance of ST refund: FBR introduces new provision in ERS

Automatic clearance of ST refund: FBR introduces new provision in ERS

The Federal Board of Revenue (FBR) has introduced a new provision in the Expeditious Refund System (ERS) for automatic clearance of sales tax refund under no objection to avoid blockage of claims under the electronic system. In this regard, the FBR has am
Published 04 Feb, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (February 03, 2011).

Published 04 Feb, 2011 12:00am
Remaining five months: FBR chalks out new plan to increase revenue

Remaining five months: FBR chalks out new plan to increase revenue

The Federal Board of Revenue has chalked out a new plan to increase revenue collection in the remaining five months (February-June) of 2010-11 by taking strict enforcement action against the withholding agents, who deduct taxes, but fail to deposit the sa
Published 04 Feb, 2011 12:00am
Remaining five months: FBR chalks out new plan to increase revenue

Remaining five months: FBR chalks out new plan to increase revenue

The Federal Board of Revenue has chalked out a new plan to increase revenue collection in the remaining five months (February-June) of 2010-11 by taking strict enforcement action against the withholding agents, who deduct taxes, but fail to deposit the sa
Published 04 Feb, 2011 12:00am
Remaining five months: FBR chalks out new plan to increase revenue

Remaining five months: FBR chalks out new plan to increase revenue

The Federal Board of Revenue has chalked out a new plan to increase revenue collection in the remaining five months (February-June) of 2010-11 by taking strict enforcement action against the withholding agents, who deduct taxes, but fail to deposit the sa
Published 04 Feb, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (February 03, 2011).

Published 04 Feb, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (February 03, 2011).
Published 04 Feb, 2011 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 (February 03, 2011).

Published 04 Feb, 2011 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 (February 03, 2011).

Published 04 Feb, 2011 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 (February 03, 2011).

Published 04 Feb, 2011 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 (February 03, 2011).

Published 04 Feb, 2011 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 04 Feb, 2011 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 04 Feb, 2011 12:00am
New York cotton

New York cotton

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

Published 04 Feb, 2011 12:00am
New York cotton

New York cotton

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

Published 04 Feb, 2011 12:00am
Sri Lanka-Pakistan economic and trade relations

Sri Lanka-Pakistan economic and trade relations

Sri Lanka Economy: Sri Lankan economy has demonstrated its resilience having registered an average economic growth of around 6% during last several years , amidst most challenging domestic and external conditions. The economy is estimated to record growth
Published 04 Feb, 2011 12:00am
Message from Group Chairman, Afeef Group of Companies

Message from Group Chairman, Afeef Group of Companies

It gives me great pleasure to extend sincere greeting to the Government and people of Srilanka, on the occasion of Srilanka Day. Pakistan and Srilanka enjoy close, cordial and co-operative relations in various field of co-operation. I am confident that fr
Published 04 Feb, 2011 12:00am
Message from Consul General of Sri Lanka Karachi

Message from Consul General of Sri Lanka Karachi

It is with immense pleasure that I send this message on the occasion of our celebration of the 63rd Independence Day of Sri Lanka. We are celebrating our Independence day at a time when Sri Lanka is going through a new era in our history with the ending o
Published 04 Feb, 2011 12:00am
Message from Prime Minister, Democratic Socialist Republic of Sri Lanka

Message from Prime Minister, Democratic Socialist Republic of Sri Lanka

Sri Lanka celebrates the 63rd anniversary of her independence on 4th February 2011 with high expectations of a bright future for the country. After defeating terrorism that disrupted the lives of the people and slowed down the pace of development of the c
Published 04 Feb, 2011 12:00am
Message from President, Democratic Socialist Republic of Sri Lanka

Message from President, Democratic Socialist Republic of Sri Lanka

All Sri Lankans now have the opportunity to celebrate the 63rd Anniversary of Independence with much glory. The unlimited sacrifices for the freedom and independence of Sri Lanka make today's Independence Day celebrations one of great honour. The aspirati
Published 04 Feb, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 101,141 tonnes of cargo including 62,125 tonnes of import cargo, 39,016 tonnes of export cargo, 5,938 loaded and empty containers during last 24 hours ended at 0700 hours on Thursday. The total import cargo of 62,125 tonnes compri
Published 04 Feb, 2011 12:00am
Indonesia's January Sulawesi cocoa exports fall 50 percent

Indonesia's January Sulawesi cocoa exports fall 50 percent

Exports of cocoa beans from Indonesia's main growing area of Sulawesi island fell in January against the same month a year ago as a result of wet weather, data showed on Wednesday. Indonesian exporters shipped 11,634.66 tonnes in January, from 25,920 tonn
Published 04 Feb, 2011 12:00am
India should allow 500,000 tonnes of sugar exports

India should allow 500,000 tonnes of sugar exports

The Indian government should immediately allow 500,000 tonnes of unrestricted sugar exports to help cash in on current high global prices, the chief of a producers' body told Reuters in an interview on Thursday. India, the world's biggest sugar producer b
Published 04 Feb, 2011 12:00am
February frosts pose threat to some West European crops

February frosts pose threat to some West European crops

Grain and oilseed crops in western Europe are set to face February frosts with a lack of snow cover in some areas, particularly eastern Germany, but no significant damage has yet been reported, analysts said on Tuesday. One analyst said the main concern w
Published 04 Feb, 2011 12:00am
Oil cake market rates

Oil cake market rates

Contracts were mixed on the forward cottonseed oilcake market on Thursday in process of trading, dealers said. The March vaida that had closed at Rs 1237.60 opened with 20 paisa gain at Rs 1237.80. The May contract commenced at Rs 1319.80 and it started w
Published 04 Feb, 2011 12:00am
Lint prices soar to new highs on cotton market

Lint prices soar to new highs on cotton market

Rates hit the new high on the cotton market on Thursday as mills did purchasing amid confusions over the contracts of import of Indian cotton, dealers said. The Karachi Cotton Association (KCA) spot rate was unchanged at Rs 11000, they said. Phutti prices
Published 04 Feb, 2011 12:00am
Yellow peas prices higher on grain market

Yellow peas prices higher on grain market

Grams prices were higher on the wholesales grain and seed market on Thursday in process of the sluggish trading, dealers said. On the grams side yellow peas Canada was higher by Rs 100 to Rs 3750-3900, yellow peas dal Canada was up by Rs 150 to Rs 4200-43
Published 04 Feb, 2011 12:00am
Cotton futures prices continue their upward spiral with gusto

Cotton futures prices continue their upward spiral with gusto

With several bullish factors conglomerating to push up cotton prices across the world, New York fibre futures kept spiraling northwards at record pace and performance. Indian refusal to allow shipments of cotton against existing contracts on a vast scale,
Published 04 Feb, 2011 12:00am
MasterCard beats forecasts on more spending abroad

MasterCard beats forecasts on more spending abroad

MasterCard Inc's fourth-quarter profit soared 41 percent, beating expectations, as consumers around the world spent more money using credit and debit cards. Revenue rose almost 11 percent to $1.44 billion, slightly above expectations. Chief Executive Offi
Published 04 Feb, 2011 12:00am
Deutsche Bank claims market share as margins dip

Deutsche Bank claims market share as margins dip

Deutsche Bank is winning market share to combat falling margins in its key investment banking arm and is confident of its ambitious 2011 profit target, top bosses said on Thursday. The bank also revealed an average investment banker pay of over $500,000 e
Published 04 Feb, 2011 12:00am
Russian corruption holding back its markets

Russian corruption holding back its markets

Russia is narrowing its discount to other BRIC stock markets thanks to strong oil and metals prices but needs to beat corruption to erase the gap, investors and analysts said on Thursday. Debate at a major Moscow investment forum on the relative merits of
Published 04 Feb, 2011 12:00am
Nikkei average falls

Nikkei average falls

Japan's Nikkei average edged lower on Thursday after surging the day before, as worries over an escalation of violence in Egypt nudged investors towards safer assets. Tumbles in high-tech stocks Panasonic Corp and Ricoh Co after reporting October-December
Published 04 Feb, 2011 12:00am
Thursday's early afternoon trade: rally loses steam

Thursday's early afternoon trade: rally loses steam

US stocks slipped on Thursday as concerns over increasing disorder in Egypt and signs of exhaustion in the recent market rally weighed on investor sentiment. But major indexes were well off their lows by early afternoon, possibly showing their strength to
Published 04 Feb, 2011 12:00am
Wall Street stalls

Wall Street stalls

US stocks stalled on Wednesday as technical measures suggested a five-month rally was growing long in the tooth. Investors were reluctant to make big bets even though a report showed US private employers added more jobs than expected in January. The S&P 5
Published 04 Feb, 2011 12:00am
Arab bourses shed $49 billion over Egypt unrest: report

Arab bourses shed $49 billion over Egypt unrest: report

Forty-nine billion dollars has been wiped off the value of shares on Arab stock markets since anti-government protests in Egypt began, Kuwaiti asset managers KAMCO said Thursday. The capitalisation of 13 Arab bourses plunged from $991 billion on January 2
Published 04 Feb, 2011 12:00am
Arab bourses shed $49 billion over Egypt unrest: report

Arab bourses shed $49 billion over Egypt unrest: report

Forty-nine billion dollars has been wiped off the value of shares on Arab stock markets since anti-government protests in Egypt began, Kuwaiti asset managers KAMCO said Thursday. The capitalisation of 13 Arab bourses plunged from $991 billion on January 2
Published 04 Feb, 2011 12:00am
Middle East markets mixed

Middle East markets mixed

Middle East markets were mixed on Thursday, as investors warily watched escalating violence in Egypt, while gloomy world stocks weighed on regional indices. Dubai's blue chips Emaar Properties and builder Arabtec, both with interests in Egypt, fell. Emaar
Published 04 Feb, 2011 12:00am
Rising food, oil prices hurt Treasuries

Rising food, oil prices hurt Treasuries

Rising food and energy costs fed inflation worries on Wednesday and spurred losses in the US Treasuries market for a third straight session, with the 30-year bond yield touching its highest since April 2010. Worries that rising prices will erode bond valu
Published 04 Feb, 2011 12:00am
Rising food, oil prices hurt Treasuries

Rising food, oil prices hurt Treasuries

Rising food and energy costs fed inflation worries on Wednesday and spurred losses in the US Treasuries market for a third straight session, with the 30-year bond yield touching its highest since April 2010. Worries that rising prices will erode bond valu
Published 04 Feb, 2011 12:00am
Indian shares rise nearly two percent

Indian shares rise nearly two percent

Bargain hunting lifted Indian shares for a second day on Thursday after the market had skidded more than 12 percent since the start of January, but traders said the bounce may be short-lived on risk averse global sentiment. Realty and infrastructure firms
Published 04 Feb, 2011 12:00am
European shares flat

European shares flat

European shares ended flat on Thursday, after weak results from heavyweights Royal Dutch Shell and Santander were offset by data showing the US economic recovery was gathering pace. A less hawkish European Central Bank tone on interest rates had combined
Published 04 Feb, 2011 12:00am
Australian shares up

Australian shares up

Australian stocks rose 0.5 percent on Thursday to reach the highest close in more than a week, with insurers and banks gaining after a major cyclone passed with less destruction than feared, miners gained and earnings results boosted select stocks. Tabcor
Published 04 Feb, 2011 12:00am
Sri Lanka bourse at new record

Sri Lanka bourse at new record

Sri Lanka's bourse hit a new record high on Thursday as institutional investors started buying in large quantities after the International Monetary Fund approved the island nation's loan tranche with positive comments. The island's main share index touche
Published 04 Feb, 2011 12:00am