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Jan 30, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-03-15
China tops US in manufacturing

China tops US in manufacturing

China topped the United States as the world's largest manufacturer for the first time last year, according to a study Monday by economic research firm IHS Global Insight. China accounted for 19.8 percent of global manufacturing in 2010, compared with 19.4
Published 15 Mar, 2011 12:00am
Eurozone output, excluding energy, picks up

Eurozone output, excluding energy, picks up

Industrial output excluding energy accelerated in the eurozone in January as manufacturing picked up in a number of core bloc members, but declined in Portugal and bailout recipient Ireland. Production in the 17 countries using the euro rose by 0.3 percen
Published 15 Mar, 2011 12:00am
Corruption threatens India's high growth momentum: KPMG

Corruption threatens India's high growth momentum: KPMG

Endemic corruption in India has grown in scale and represents billions of dollars, with the potential to discourage investors and derail growth prospects, consultancy firm KMPG said in a survey published on Monday.
Published 15 Mar, 2011 12:00am
BoJ feeds markets money after quake

BoJ feeds markets money after quake

Japan's central bank pumped a record $184 billion into money markets and took other measures to protect a teetering economy Monday, as the Tokyo stock market nose-dived following a devastating earthquake and tsunami. The benchmark Nikkei 225 stock average
Published 15 Mar, 2011 12:00am
Chinese premier rejects faster currency rise

Chinese premier rejects faster currency rise

China's premier ruled out allowing a faster rise in its tightly controlled currency to cool surging inflation, saying Monday that Beijing has to consider the impact on Chinese companies and jobs. Premier Wen Jiabao repeated Chinese complaints that the US
Published 15 Mar, 2011 12:00am
Chinese parliament passes five-year economic plan

Chinese parliament passes five-year economic plan

China's parliament on Monday rubber-stamped a five-year government plan calling for more sustainable and balanced annual economic growth of around seven percent annually until 2015. A resolution by the National People's Congress endorsed a wide range of s
Published 15 Mar, 2011 12:00am
Qatar paying 2.2 billion euros for 6.2 percent of Iberdrola

Qatar paying 2.2 billion euros for 6.2 percent of Iberdrola

Qatar is buying 6.16 percent of Iberdrola SA for 2.2 billion euros ($3 billion), helping the Spanish utility finance its Brazil operations and further diluting unwanted suitor ACS. Iberdrola, saddled with 24 billion euros of net debt, said on Monday it wo
Published 15 Mar, 2011 12:00am
Qatar paying 2.2 billion euros for 6.2 percent of Iberdrola

Qatar paying 2.2 billion euros for 6.2 percent of Iberdrola

Qatar is buying 6.16 percent of Iberdrola SA for 2.2 billion euros ($3 billion), helping the Spanish utility finance its Brazil operations and further diluting unwanted suitor ACS. Iberdrola, saddled with 24 billion euros of net debt, said on Monday it wo
Published 15 Mar, 2011 12:00am
OECD survey points to growth

OECD survey points to growth

The OECD said on Monday that a survey for January showed economic expansion in most of its member states. The Paris-based Organisation for Economic Development and Co-operation said that its January "composite leading indicators (CLIs)," designed to antic
Published 15 Mar, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 212,241 tonnes of cargo including 131,610 tonnes of import cargo, 80,631 tonnes of export cargo and 3,955 loaded & empty containers during last 48 hours ended at 0700 hours on Monday.
Published 15 Mar, 2011 12:00am
Russian grain prices keep declining

Russian grain prices keep declining

Russian grain prices kept declining slowly last week as the government sales intervention tenders continued, analysts said on Monday. Average prices declined by 50-100 roubles ($1.75-$3.49) per tonne, SovEcon agricultural analysts said in a weekly note.
Published 15 Mar, 2011 12:00am
US wheat, corn and soya fall as Japan quake unnerves markets

US wheat, corn and soya fall as Japan quake unnerves markets

US corn and soya futures fell on Monday, dragging down wheat prices in Chicago and Europe on concerns about shipments to earthquake-hit Japan, a major grain importer. The devastation caused by Friday's 8.9 magnitude earthquake and 10-metre tsunami was exa
Published 15 Mar, 2011 12:00am
India's February vegoil imports down on high local supply

India's February vegoil imports down on high local supply

India imported 549,881 tonnes of vegetable oils in February, down by about a fifth from a year ago, trade data released on Monday showed, a fall largely due to higher crushing of domestic oilseeds following a normal monsoon. India, the world's No 1 import
Published 15 Mar, 2011 12:00am
South Korea sees higher coal prices to fill Japan gap

South Korea sees higher coal prices to fill Japan gap

South Korea, the world's third-largest coal buyer, said on Monday that global coal prices could rise if Japan's damaged nuclear power plants remain incapacitated for a long time. Japan is the world's top coal importer. The economy ministry said in a state
Published 15 Mar, 2011 12:00am
Prices move up due to tight supplies on grain market

Prices move up due to tight supplies on grain market

Upward trend was witnessed on the wholesales grain market on Monday due to tight supplies from upcountry centres, dealers said. On the cereal wheat old and new (Bardan) was up by Rs 100 to Rs 2800-2815 due to rising demand amid falling trend in supply, ot
Published 15 Mar, 2011 12:00am
Solitary deal struck at Rs 13,000 on lacklustre cotton market

Solitary deal struck at Rs 13,000 on lacklustre cotton market

Wait and see mood prevailed on the cotton market on Monday as mills and spinners kept to the sideline on expectations of fall in the prices, dealers said. Karachi Cotton Association (KCA) official spot rate was unmoved at Rs 12,700, they said. In Sindh an
Published 15 Mar, 2011 12:00am
Oil cake market rates

Oil cake market rates

Mixed pattern was seen on the forward cottonseed oilcake market on Monday in process of trading, dealers said. The March vaida that had last week closed at Rs 1245.70 opened with a decline of 60 paisa at Rs 1245.10, while. The May contract which closed at
Published 15 Mar, 2011 12:00am
China's rubber futures fall

China's rubber futures fall

China's benchmark rubber futures traded on the Shanghai Futures Exchange fell by its daily limit on Monday, tracking Tokyo Commodity Exchange rubber futures which went limit down. The May 2011 contract stood at 33,480 yuan per tonne, down 6 percent. Bench
Published 15 Mar, 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 15 Mar, 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 Commi
Published 15 Mar, 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 Monday (March 14, 2011).

Published 15 Mar, 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 Monday (March 14, 2011).

Published 15 Mar, 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 Monday (March 14, 2011).

Published 15 Mar, 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 Monday (March 14, 2011).

Published 15 Mar, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (March 14, 2011).
Published 15 Mar, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (March 14, 2011).

Published 15 Mar, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (March 14, 2011).

Published 15 Mar, 2011 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (March 14, 2011).
Published 15 Mar, 2011 12:00am
Controversy over Uch-II project resolved

Controversy over Uch-II project resolved

The controversy over Uch-11 development project has ended as Public Procurement Regulatory Authority (PPRA) has found no violation of PPRA rules 2004 in the submission of 'amended bid bond' by M/S Petrosin to Oil and Gas Development Company Limited (OGDCL
Published 15 Mar, 2011 12:00am
Controversy over Uch-II project resolved

Controversy over Uch-II project resolved

The controversy over Uch-11 development project has ended as Public Procurement Regulatory Authority (PPRA) has found no violation of PPRA rules 2004 in the submission of 'amended bid bond' by M/S Petrosin to Oil and Gas Development Company Limited (OGDCL
Published 15 Mar, 2011 12:00am
Controversy over Uch-II project resolved

Controversy over Uch-II project resolved

The controversy over Uch-11 development project has ended as Public Procurement Regulatory Authority (PPRA) has found no violation of PPRA rules 2004 in the submission of ''amended bid bond'' by M/S Petrosin to Oil and Gas Development Company Limited (OGD
Published 15 Mar, 2011 12:00am
Bills stalled in parliament: ordinances in 48 hours

Bills stalled in parliament: ordinances in 48 hours

Two Ordinances will be promulgated in the next 48 hours that will allow the government to impose taxes proposed in the Finance Amendment Bill 2010 pending for parliamentary approval, informed sources revealed to Business Recorder on Monday.
Published 15 Mar, 2011 12:00am
Bills stalled in parliament: ordinances in 48 hours

Bills stalled in parliament: ordinances in 48 hours

Two Ordinances will be promulgated in the next 48 hours that will allow the government to impose taxes proposed in the Finance Amendment Bill 2010 pending for parliamentary approval, informed sources revealed to Business Recorder on Monday.
Published 15 Mar, 2011 12:00am
Bills stalled in parliament: ordinances in 48 hours

Bills stalled in parliament: ordinances in 48 hours

Two Ordinances will be promulgated in the next 48 hours that will allow the government to impose taxes proposed in the Finance Amendment Bill 2010 pending for parliamentary approval, informed sources revealed to Business Recorder on Monday.
Published 15 Mar, 2011 12:00am
IMF team's next visit likely in May

IMF team's next visit likely in May

The International Monetary Fund (IMF) team will finalise the schedule for its next visit to Pakistan for the fifth review under the Stand-By Arrangement (SBA) programme within the next 15 days, sources close to IMF told Business Recorder here on Mo
Published 15 Mar, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 15 Mar, 2011 12:00am
IMF team's next visit likely in May

IMF team's next visit likely in May

The International Monetary Fund (IMF) team will finalise the schedule for its next visit to Pakistan for the fifth review under the Stand-By Arrangement (SBA) programme within the next 15 days, sources close to IMF told Business Recorder here on Mo
Published 15 Mar, 2011 12:00am
IMF team''s next visit likely in May

IMF team''s next visit likely in May

The International Monetary Fund (IMF) team will finalise the schedule for its next visit to Pakistan for the fifth review under the Stand-By Arrangement (SBA) programme within the next 15 days, sources close to IMF told Business Recorder here on Mo
Published 15 Mar, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 15 Mar, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Mar, 2011 12:00am
'Government not on collision course'

'Government not on collision course'

Prime Minister Syed Yousuf Raza Gilani has dispelled the impression that People's Party government was on a collision course with any of the state institutions including the Judiciary. Presiding over a Cabinet meeting here on Monday, the Prime Minster sai
Published 15 Mar, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (March 14, 2011).

Published 15 Mar, 2011 12:00am
'Government not on collision course'

'Government not on collision course'

Prime Minister Syed Yousuf Raza Gilani has dispelled the impression that People's Party government was on a collision course with any of the state institutions including the Judiciary. Presiding over a Cabinet meeting here on Monday, the Prime Minster sai
Published 15 Mar, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (March 14, 2011).

Published 15 Mar, 2011 12:00am
KSE investors avail of Rs 3.3 million financing: MTS and MFS launched

KSE investors avail of Rs 3.3 million financing: MTS and MFS launched

After about two years, financing facility for investors under the newly launched leverage products - MTS and MFS - was made available at all the three stock exchanges on Monday. The National Clearing Company of Pakistan Limited (NCCPL) has implemented the
Published 15 Mar, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (March 14, 2011).

Published 15 Mar, 2011 12:00am
KSE investors avail of Rs 3.3 million financing: MTS and MFS launched

KSE investors avail of Rs 3.3 million financing: MTS and MFS launched

After about two years, financing facility for investors under the newly launched leverage products - MTS and MFS - was made available at all the three stock exchanges on Monday. The National Clearing Company of Pakistan Limited (NCCPL) has implemented the
Published 15 Mar, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (March 14, 2011).

Published 15 Mar, 2011 12:00am
Index closes at 12,045.38 points

Index closes at 12,045.38 points

The Karachi share market, on the first day of implementation of new leverage products, opened on positive note and the index hit 12,098.76 points intra-day high level on Monday. However, profit taking in late hours minimised the intra-day gains and the in
Published 15 Mar, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (March 14, 2011).

Published 15 Mar, 2011 12:00am
Index closes at 12,045.38 points

Index closes at 12,045.38 points

The Karachi share market, on the first day of implementation of new leverage products, opened on positive note and the index hit 12,098.76 points intra-day high level on Monday. However, profit taking in late hours minimised the intra-day gains and the in
Published 15 Mar, 2011 12:00am
Index closes at 12,045.38 points

Index closes at 12,045.38 points

The Karachi share market, on the first day of implementation of new leverage products, opened on positive note and the index hit 12,098.76 points intra-day high level on Monday. However, profit taking in late hours minimised the intra-day gains and the in
Published 15 Mar, 2011 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (March 14, 2011).

Published 15 Mar, 2011 12:00am
BRIndex30 up 10.41 points

BRIndex30 up 10.41 points

On Monday, BRIndex30 opened at 8,833.77 points and remained positive throughout the trading session. It touched an intraday high of 8,892.81 points and an intraday low of 8,837.20 points and closed at 8,844.18 points which was 10.41 points or 0.12 percent
Published 15 Mar, 2011 12:00am
BRIndex30 up 10.41 points

BRIndex30 up 10.41 points

On Monday, BRIndex30 opened at 8,833.77 points and remained positive throughout the trading session. It touched an intraday high of 8,892.81 points and an intraday low of 8,837.20 points and closed at 8,844.18 points which was 10.41 points or 0.12 percent
Published 15 Mar, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (March 14, 2011).

Published 15 Mar, 2011 12:00am
Bullish sentiments prevail on LSE

Bullish sentiments prevail on LSE

Bullish sentiments prevailed on the Lahore Stock Exchange (LSE) on Monday and the equities registered gains amid increased trading turnover on account of fresh buying in the selective companies. The LSE-25 index was increased by 10.88 points and was close
Published 15 Mar, 2011 12:00am
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