News Archives for Print - 2011-03-17

US treasuries bid yields

US treasuries bid yields on Wednesday (March 16, 2011).

Published 17 Mar, 2011 12:00am

The 'commitment to build relationships' prevailed for which the US Ambassador to Pakistan expressed his gratitude to the people of Pakistan when "blood money" or Diyat in terms of Islamic law Wednesday brought a sigh of relief for the US after Raymond Dav

Published 17 Mar, 2011 12:00am

US treasuries bid yields

US treasuries bid yields on Wednesday (March 16, 2011).

Published 17 Mar, 2011 12:00am

Munter expresses gratitude

The 'commitment to build relationships' prevailed for which the US Ambassador to Pakistan expressed his gratitude to the people of Pakistan when "blood money" or Diyat in terms of Islamic law Wednesday brought a sigh of relief for the US after Raymond Dav

Published 17 Mar, 2011 12:00am

US treasuries bid prices

US treasuries bid prices on Wednesday (March 16, 2011).

Published 17 Mar, 2011 12:00am

Clinton says US did not pay any compensation

The United States did not pay compensation to the families of two Pakistanis killed by a CIA contractor who was acquitted of their murder on Wednesday, US Secretary of State Hillary Clinton said. The contractor, Raymond Davis, 36, was acquitted and releas

Published 17 Mar, 2011 12:00am

US treasuries bid prices

US treasuries bid prices on Wednesday (March 16, 2011).

Published 17 Mar, 2011 12:00am

Clinton says US did not pay any compensation

The United States did not pay compensation to the families of two Pakistanis killed by a CIA contractor who was acquitted of their murder on Wednesday, US Secretary of State Hillary Clinton said. The contractor, Raymond Davis, 36, was acquitted and releas

Published 17 Mar, 2011 12:00am

US treasuries bid prices

US treasuries bid prices on Wednesday (March 16, 2011).

Published 17 Mar, 2011 12:00am

Davis released after Diyat deal

An Additional District and Sessions Judge of Lahore on Wednesday ordered the release of Raymond Davis after the families of victims accepted the blood money (diyat) in accordance with the Sharia law. Following a court hearing on Wednesday at the Lahore ja

Published 17 Mar, 2011 12:00am

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 17 Mar, 2011 12:00am

Davis released after Diyat deal

An Additional District and Sessions Judge of Lahore on Wednesday ordered the release of Raymond Davis after the families of victims accepted the blood money (diyat) in accordance with the Sharia law. Following a court hearing on Wednesday at the Lahore ja

Published 17 Mar, 2011 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (March 16, 2011).

Published 17 Mar, 2011 12:00am

BRIndex30 down 24.63 points

On Wednesday, BRIndex30 opened at 8,641.89 points. It touched an intraday high of 8,833.81 points and an intraday low of 8,534.32 points and closed at 8,617.26 points, which was -24.63 points or -0.29 percent lower than previous close. Total volume was 79

Published 17 Mar, 2011 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Wednesday (March 16, 2011).

Published 17 Mar, 2011 12:00am

BRIndex30 down 24.63 points

On Wednesday, BRIndex30 opened at 8,641.89 points. It touched an intraday high of 8,833.81 points and an intraday low of 8,534.32 points and closed at 8,617.26 points, which was -24.63 points or -0.29 percent lower than previous close. Total volume was 79

Published 17 Mar, 2011 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (March 16, 2011).

Published 17 Mar, 2011 12:00am

Index loses 34.67 points

Bearish trend continued at the Karachi share market on Wednesday and the KSE-100 index lost another 34.67 points to close at the level of 11,794.57 points. Initially the investors took fresh position on attractive low levels and after positive opening the

Published 17 Mar, 2011 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (March 16, 2011).

Published 17 Mar, 2011 12:00am

Index loses 34.67 points

Bearish trend continued at the Karachi share market on Wednesday and the KSE-100 index lost another 34.67 points to close at the level of 11,794.57 points. Initially the investors took fresh position on attractive low levels and after positive opening the

Published 17 Mar, 2011 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 (March 16, 2011).

Published 17 Mar, 2011 12:00am

Index loses 34.67 points

Bearish trend continued at the Karachi share market on Wednesday and the KSE-100 index lost another 34.67 points to close at the level of 11,794.57 points. Initially the investors took fresh position on attractive low levels and after positive opening the

Published 17 Mar, 2011 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 (March 16, 2011).

Published 17 Mar, 2011 12:00am

DG FIA case: Supreme Court irked by stubbornness of government

The Supreme Court on Monday warned the government it was 'running out of patience' on its stubbornness for not removing DG FIA on the third consecutive order of the apex court. The court had ruled to relieve all the officers, re-appointed on contract basi

Published 17 Mar, 2011 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 (March 16, 2011).

Published 17 Mar, 2011 12:00am

DG FIA case: Supreme Court irked by stubbornness of government

The Supreme Court on Monday warned the government it was 'running out of patience' on its stubbornness for not removing DG FIA on the third consecutive order of the apex court. The court had ruled to relieve all the officers, re-appointed on contract basi

Published 17 Mar, 2011 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (March 16, 2011).

Published 17 Mar, 2011 12:00am

Free access to premises, accounts: DG PCA''s powers enhanced

The Federal Board of Revenue (FBR) has empowered the officials of the Directorate General of Post Clearance Audit (PCA) to have free access to premises, equipment, stocks and accounts relating to manufacturers of the excisable goods and services for audit

Published 17 Mar, 2011 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (March 16, 2011).

Published 17 Mar, 2011 12:00am

Free access to premises, accounts: DG PCA's powers enhanced

The Federal Board of Revenue (FBR) has empowered the officials of the Directorate General of Post Clearance Audit (PCA) to have free access to premises, equipment, stocks and accounts relating to manufacturers of the excisable goods and services for audit

Published 17 Mar, 2011 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 (March 16, 2011).

Published 17 Mar, 2011 12:00am

Free access to premises, accounts: DG PCA's powers enhanced

The Federal Board of Revenue (FBR) has empowered the officials of the Directorate General of Post Clearance Audit (PCA) to have free access to premises, equipment, stocks and accounts relating to manufacturers of the excisable goods and services for audit

Published 17 Mar, 2011 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 (March 16, 2011).

Published 17 Mar, 2011 12:00am

Delhi declines to support EU''s package

New Delhi has conveyed to Islamabad in plain words that it will not support European Union''s Pakistan specific trade package at the World Trade Organisation (WTO), well-informed sources in Foreign Office told Business Recorder. "India has refused

Published 17 Mar, 2011 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (March 16, 2011).

Published 17 Mar, 2011 12:00am

Delhi declines to support EU's package

New Delhi has conveyed to Islamabad in plain words that it will not support European Union's Pakistan specific trade package at the World Trade Organisation (WTO), well-informed sources in Foreign Office told Business Recorder. "India has refused t

Published 17 Mar, 2011 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 Commi

Published 17 Mar, 2011 12:00am

Delhi declines to support EU's package

New Delhi has conveyed to Islamabad in plain words that it will not support European Union's Pakistan specific trade package at the World Trade Organisation (WTO), well-informed sources in Foreign Office told Business Recorder. "India has refused t

Published 17 Mar, 2011 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 17 Mar, 2011 12:00am

Safe City Project: MoF supports exemption for Chinese co from PPRA

Ministry of Finance has supported the request for exemption from Public Procurement Regulatory Authority (PPRA) rules by the Ministry of Interior with the argument that China may withdraw a $151.15 million concessional loan if security equipment is not pr

Published 17 Mar, 2011 12:00am

Karachi interbank rates

Karachi interbank rates on Wednesday (March 16, 2011).

Published 17 Mar, 2011 12:00am

Safe City Project: MoF supports exemption for Chinese co from PPRA

Ministry of Finance has supported the request for exemption from Public Procurement Regulatory Authority (PPRA) rules by the Ministry of Interior with the argument that China may withdraw a $151.15 million concessional loan if security equipment is not pr

Published 17 Mar, 2011 12:00am

New York cotton

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

Published 17 Mar, 2011 12:00am

Safe City Project: MoF supports exemption for Chinese co from PPRA

Ministry of Finance has supported the request for exemption from Public Procurement Regulatory Authority (PPRA) rules by the Ministry of Interior with the argument that China may withdraw a $151.15 million concessional loan if security equipment is not pr

Published 17 Mar, 2011 12:00am

New York cotton

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

Published 17 Mar, 2011 12:00am

6.57 million tons of wheat procurement in 2011: government to give Rs 164.798 billion bank guarantee

The federal government would give Rs 164.798 billion bank guarantee on behalf of public sector for procurement of 6.57 million tons wheat in 2011 and left it up to the provinces to decide about keeping strategic reserves. An official said that decision to

Published 17 Mar, 2011 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 17 Mar, 2011 12:00am

6.57 million tons of wheat procurement in 2011: government to give Rs 164.798 billion bank guarantee

The federal government would give Rs 164.798 billion bank guarantee on behalf of public sector for procurement of 6.57 million tons wheat in 2011 and left it up to the provinces to decide about keeping strategic reserves. An official said that decision to

Published 17 Mar, 2011 12:00am

UBS faces LIBOR manipulation probe

Swiss bank UBS said it had received subpoenas from US and Japanese regulators regarding whether it made "improper attempts" to manipulate LIBOR rates, the benchmark price for interbank borrowing costs. "UBS understands that the investigations focus on whe

Published 17 Mar, 2011 12:00am

6.57 million tons of wheat procurement in 2011: government to give Rs 164.798 billion bank guarantee

The federal government would give Rs 164.798 billion bank guarantee on behalf of public sector for procurement of 6.57 million tons wheat in 2011 and left it up to the provinces to decide about keeping strategic reserves. An official said that decision to

Published 17 Mar, 2011 12:00am

Canadian canola futures fall

ICE Canadian canola futures fell their daily limit on Tuesday as worries about Japan's nuclear crisis triggered a broad sell-off in commodity and equity markets, traders said. Financial markets roiled by fear of Japan disaster as investors seek the safety

Published 17 Mar, 2011 12:00am

Hafeez sees Rs 210 billion fiscal space after new measures

The measures of new taxes and expenditure control announced by the government would create a fiscal space of Rs 210 billion in FY11 and would help stabilise the economy, said Finance Minister Dr Abdul Hafeez Sheikh on Wednesday. Addressing a news conferen

Published 17 Mar, 2011 12:00am

Indonesia revises down sugar output by 31 percent

Indonesia has revised down its expected white sugar production for this year by 31 percent because of a lack of expansion in cane plantations and stalled efforts to modernise ageing sugar mills, said an agriculture ministry official on Wednesday. Lower ou

Published 17 Mar, 2011 12:00am

Hafeez sees Rs 210 billion fiscal space after new measures

The measures of new taxes and expenditure control announced by the government would create a fiscal space of Rs 210 billion in FY11 and would help stabilise the economy, said Finance Minister Dr Abdul Hafeez Sheikh on Wednesday. Addressing a news conferen

Published 17 Mar, 2011 12:00am

India's gold recovers from one-month low

India's gold recovered from its lowest level in a month tracking overseas markets, though a strong rupee kept the upside in prices limited, but physical buying retreated after a slight pick-up in the previous session. The most-active gold for April delive

Published 17 Mar, 2011 12:00am

Hafeez sees Rs 210 billion fiscal space after new measures

The measures of new taxes and expenditure control announced by the government would create a fiscal space of Rs 210 billion in FY11 and would help stabilise the economy, said Finance Minister Dr Abdul Hafeez Sheikh on Wednesday. Addressing a news conferen

Published 17 Mar, 2011 12:00am

North African wheat demand slowing

Wheat demand from key Arab North African countries is slowing, but overall demand funadamentals are unchanged, Germany's largest grain trading house Toepfer International said on Wednesday. The continuing upheaval in Libya has been a weakening factor for

Published 17 Mar, 2011 12:00am

No surcharge on people drawing up to Rs 25,000

Salaried persons with monthly income up to Rs 25,000 would not be liable to pay income tax surcharge of 15 percent. Through a Presidential Ordinance, 15 percent income tax surcharge has been imposed from March 15 to June 30, 2011. Legal experts told Bu

Published 17 Mar, 2011 12:00am

Indonesia aims to boost rice production by five percent

Indonesia aims to boost rice production by 5 percent annually, its chief economics minister Hatta Rajasa said on Wednesday, as the country aims to improve food security and dampen food inflation. Surging food prices, led by rice and chillies, helped drive
Published 17 Mar, 2011 12:00am

No surcharge on people drawing up to Rs 25,000

Salaried persons with monthly income up to Rs 25,000 would not be liable to pay income tax surcharge of 15 percent. Through a Presidential Ordinance, 15 percent income tax surcharge has been imposed from March 15 to June 30, 2011. Legal experts told Bu
Published 17 Mar, 2011 12:00am

Dry conditions may hit Vietnam's Daklak coffee

Exceptionally dry conditions may affect Daklak, Vietnam's top coffee-growing province, in coming weeks after surface and underground water dropped quickly, a provincial state-run newspaper reported. Daklak in the Central Highlands, where the dry season is
Published 17 Mar, 2011 12:00am

No surcharge on people drawing up to Rs 25,000

Salaried persons with monthly income up to Rs 25,000 would not be liable to pay income tax surcharge of 15 percent. Through a Presidential Ordinance, 15 percent income tax surcharge has been imposed from March 15 to June 30, 2011. Legal experts told Bu
Published 17 Mar, 2011 12:00am

Activity at Karchi and Qasim ports

The Karachi Port handled 136,736 tonnes of cargo including 81,215 tonnes of import cargo, 55,521 tonnes of export cargo and 7,172 loaded & empty containers during last 24 hours ended at 0700 hours on Wednesday. The total import cargo of 81,215 tonnes comp
Published 17 Mar, 2011 12:00am

No surcharge on people drawing up to Rs 25,000

Salaried persons with monthly income up to Rs 25,000 would not be liable to pay income tax surcharge of 15 percent. Through a Presidential Ordinance, 15 percent income tax surcharge has been imposed from March 15 to June 30, 2011. Legal experts told Bu
Published 17 Mar, 2011 12:00am

Oil cake market rates

Rising trend was seen on the forward cottonseed oilcake market on Wednesday in process of trading, dealers said. The March vaida that had closed at Rs 1245.10 opened with a gain of 40 paisa at Rs 1245.50. The May contract closed at Rs 1323.90 and it also
Published 17 Mar, 2011 12:00am

Activity improves as prices decline on cotton market

Traders were worried after imposition of fresh tax measures, in the meantime activity improved as prices came down in sympathy with the international track, dealers said on the cotton market on Wednesday. Karachi Cotton Association (KCA) official spot rat
Published 17 Mar, 2011 12:00am

Chemical items prices up on Jodia Bazar

The trading in chemical items ended up on Jodia Bazar here on Wednesday. The following changes were noted.
Published 17 Mar, 2011 12:00am

Price sharply higher amid tight supply on grain market

Prices were sharply higher on the wholesale grain market on Wednesday as a result of tight supplies from upcountry centres, dealers said. On the cereal side makai after maintaining a stable trend for many weeks, low type rose by Rs 125 and good type gaine
Published 17 Mar, 2011 12:00am

InterContinental chief executive quits

InterContinental Hotels said Andrew Cosslett will step down as chief executive of the world's biggest hotelier on June 30 but signalled there would be no big changes in strategy as it named current Chief Financial Officer Richard Solomons to replace him.
Published 17 Mar, 2011 12:00am

Arab uprising, Japan quake hit air travel: IATA

Unrest in the Arab world and the devastating earthquake and tsunami in Japan are expected to have hurt first and business class travel in February and March, the International Air Transport Association said Wednesday. "The unrest in Egypt, Libya and North
Published 17 Mar, 2011 12:00am

Toyota to partially resume production in seven plants

Toyota said it would resume partial production of car parts at seven plants in Japan on Thursday, after suspending all factories following the nation's biggest ever earthquake. The plants will first begin making replacement parts for the domestic market,
Published 17 Mar, 2011 12:00am

Japan postpones monthly economic report

The Japanese government has postponed the release of its monthly economic report from March 18 to an unspecified date, it said on Wednesday, as it grapples with disaster relief and a nuclear safety crisis following last Friday's massive earthquake. Econom
Published 17 Mar, 2011 12:00am

Moody's downgrades Egypt again

Moody's Investors Service downgraded on Wednesday Egypt's foreign and local currency government bond ratings by one notch to Ba3 from Ba2, citing continued political uncertainty. Moody's said the downgrade was prompted by "the prolonged political uncertai
Published 17 Mar, 2011 12:00am

OECD downgrades forecast for British growth

Britain's economy will grow by 1.5 percent this year, the OECD forecast Wednesday after downgrading its previous estimate for GDP expansion of 1.7 percent due to "significant headwinds" seen in 2011. In a report, the Organisation for Economic Co-operation
Published 17 Mar, 2011 12:00am

UK jobless hits highest since 1994

The number of Britons out of work rose to its highest since 1994 in January, official data showed on Wednesday, prompting calls from business and unions for measures to boost jobs in next week's annual budget. Financial markets got a boost from figures sh
Published 17 Mar, 2011 12:00am

Asia set for solid growth despite Japan quake: S&P

Asia is poised for another year of solid growth in 2011 even if the impact of the killer earthquake and tsunami on Japan remains unclear, Standard and Poor's said Wednesday. "We expect the region to record another year of solid growth in 2011 after 2010 p
Published 17 Mar, 2011 12:00am

Portugal yields rise, government warns of political crisis

Portugal's government blamed higher rates paid at a debt auction on Wednesday on the opposition's refusal to back its latest austerity plans, warning a political stand-off could force it to seek a bailout. Pressure on Lisbon mounted after Moody's rating a
Published 17 Mar, 2011 12:00am

Asia's business sentiment up in first quarter, focus on Japan

Business sentiment at Asia's top companies rose in the first quarter to its highest level in eight quarters, with global economic uncertainty seen as the biggest risk to the positive outlook, a Reuters survey showed. Friday's devastating earthquake and ts
Published 17 Mar, 2011 12:00am

US inflation pressures bubbling, home building dives

US producer prices surged in February at their fastest pace in 1-1/2 years, data showed on Wednesday, a day after the Federal Reserve said it had a watchful eye on inflation pressures it expects to subside. In another reminder on Wednesday of the headwind
Published 17 Mar, 2011 12:00am

South East Asian markets snap losing streak

Major Southeast Asian stock markets edged higher on Wednesday despite continuing worries over Japan's nuclear problems, with investors buying companies that depend on the domestic economy and selected power firms. The potential impact of the Japanese eart
Published 17 Mar, 2011 12:00am

Taiwan stocks bounce

Taiwan stocks finished up 1.09 percent on Wednesday as investors sought bargains in automating issues, which have plunged over 11 percent in the last two sessions. The main TAIEX share index rose 89.8 points to 8,324.58, after opening up 1 percent. Automo
Published 17 Mar, 2011 12:00am

Hong Kong, Shanghai shares gain

Non-nuclear energy stocks led gains as Hong Kong and Shanghai shares ended higher on Wednesday, with panic selling subsiding and investors looking to position themselves amid the nuclear crisis in Japan. The Hang Seng Index finished up 0.1 percent at 22,7
Published 17 Mar, 2011 12:00am

Wednesday's midday trade: stocks drop for third day

US stocks sank for a third day on Wednesday as worries about Japan's nuclear crisis escalated, and analysts saw more volatility ahead for the market. The S&P 500 fell more than 1 percent and was within a few points of turning negative for the year after t
Published 17 Mar, 2011 12:00am

Fed comments rescue Wall Street from deeper Japan selloff

US stocks fell 1 percent but ended far from session lows on Tuesday on the Federal Reserve's more upbeat economic view and growing sentiment that Japan's nuclear crisis would only temporarily depress shares. In a second straight day of losses tied to Japa
Published 17 Mar, 2011 12:00am

Indian shares rise

Indian shares firmed 1.1 percent on Wednesday, helped by gains in world equities and as value buying emerged on views that most negatives were already priced in. Financials led the gains, ahead of the Reserve Bank of India's (RBI) monetary policy review o
Published 17 Mar, 2011 12:00am

Treasuries rise

Fears over the impact from Japan's earthquake and nuclear crisis drove US Treasury debt yields to a three-month low on Tuesday, feeding expectations benchmark yields might fall to 3 percent. Reports of rising radioactive leakage from a quake-crippled nucl
Published 17 Mar, 2011 12:00am

Most Middle East markets fall as Bahrain imposes curfew

Most Middle East markets extended losses on Wednesday as unrest intensified in Bahrain and the kingdom's government introduced a curfew on the second day of martial law. "These are very much top-down markets that are retail dominated and so when we have m
Published 17 Mar, 2011 12:00am

Japan's stocks rebound after two-day rout

Japanese shares climbed almost 6 percent in heavy volume on Wednesday, a vigorous rebound for a fragile market still down by more than a tenth on pre-earthquake levels and seen as vulnerable to a further sell-off. Hedge funds rushed to cover short positio
Published 17 Mar, 2011 12:00am

Seoul shares up

Seoul shares rose on Wednesday despite concerns about Japan's nuclear crisis, as bargain hunting lifted technology plays and battered transport issues such as Samsung Electronics and Korean Air Line. The Korea Composite Stock Price Index finished up 1.77
Published 17 Mar, 2011 12:00am

European shares fall for sixth day

European shares extended a losing run to six days on Wednesday as worries about the nuclear crisis in Japan and unrest in the Middle East intensified, and banks fell after Portugal's sovereign debt was downgraded. The pan-European FTSEurofirst 300 index o
Published 17 Mar, 2011 12:00am

FTSE drops as Japan nuclear crisis intensifies

Heightened fears about the nuclear crisis in Japan saw investors shun equities on Wednesday, with falls by heavyweight commodity issues dragging Britain's top share index lower. Banks were the biggest fallers, however, also under pressure as a downgrade o
Published 17 Mar, 2011 12:00am

ECB rate hike bets trimmed

Investors no longer fully price in an ECB rate hike in April in light of the shock to growth anticipated after Japan's earthquake, but analysts said only a dramatic escalation of the crisis would push expectations back further. Safe-haven assets rallied a
Published 17 Mar, 2011 12:00am

Sterling dips versus dollar

Sterling fell against the dollar on Wednesday, dented by concerns about a fragile UK economy while rising risk aversion due to worries about Japan's nuclear crisis helped the dollar. The pound held above the $1.60 level, but analysts saw a risk of further
Published 17 Mar, 2011 12:00am

Yen edges lower in Asia

The yen edged lower on Wednesday, taking its cues from a short-covering bounce in Tokyo shares, but may see more gains near-term as jitters about Japan's nuclear crisis keep investors on edge and risk appetites subdued. Japan's Nikkei share average climbe
Published 17 Mar, 2011 12:00am

Yen steadies in London

The yen steadied around a four-month high versus the dollar on Wednesday, but Japan's nuclear crisis could trigger more yen demand versus higher risk currencies, raising the prospect of intervention to stem gains. The dollar traded at 80.70 yen, just abov
Published 17 Mar, 2011 12:00am

Early trade in New York: yen rises in nervous market

The yen neared a record peak against the dollar on Wednesday, but analysts say expectations Japan will intervene to weaken the currency if it gets much stronger may provide a good opportunity to buy the greenback. The dollar hit a four-month low of 80.33
Published 17 Mar, 2011 12:00am

Yen rallies broadly

The yen rose broadly on Tuesday, edging towards a record high against the dollar, as fears of a nuclear catastrophe in Japan sparked a sell-off in global stocks and commodities and prompted investors to close riskier trades funded by cheap borrowing in th
Published 17 Mar, 2011 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 71.94/71.98 (previous 71.83/71.89). Call Money Rates: 11.00-12.00 percent (previous 8.00-12.00 percent).
Published 17 Mar, 2011 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 12	278
USD PKR Interbank Buying / Nov 12	277.75
USD to Japanese Yen / Nov 13	154.83
USD to Swiss Franc / Nov 13	0.88
Pound Sterling to USD / Nov 13	1.27
Euro to USD / Nov 13	1.06

Stock	Volume
S&P 500 / Nov 12	5,983.99
India Sensex / Nov 12	78,675.18
Tokyo Nikkei / Nov 12	38,980.49
Nasdaq / Nov 12	19,281.40
Hang Seng / Nov 12	19,734.39
FTSE 100 / Nov 12	8,025.77
Dow Jones / Nov 12	43,910.98
Germany DAX 30 / Nov 12	19,033.64

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 12	18,085
Gold 10 Grams PKR / Nov 12	231,911
Petrol/Litre / Nov 13	248.38
Crude Oil USD/Barrel / Nov 13	68.31
Gold Spot USD/Ounce / Nov 13	2,611.56
Diesel/Litre / Nov 13	255.14

Stock	Price
786 Invest Ltd / Nov 13 786 Investments Limited(786)	6.55 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 13 Al-Abbas Sugar Mills Limited(AABS)	600 ▼ 0.00 (0.00%)
Agro Allianz / Nov 13 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 13 Ali Asghar Textile Mills Limited(AATM)	64.90 ▼ 0.00 (0.00%)
Allied Bank / Nov 13 Allied Bank Limited(ABL)	114.51 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 13 Abbott Laboratories (Pakistan) Limited(ABOT)	996.67 ▼ 0.00 (0.00%)
Abson Ind. / Nov 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 13 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 13 786 Investments Limited(786)	6.55 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 13 Al-Abbas Sugar Mills Limited(AABS)	600 ▲ 0.00 (0.00%)
Agro Allianz / Nov 13 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 13 Ali Asghar Textile Mills Limited(AATM)	64.90 ▲ 0.00 (0.00%)
Allied Bank / Nov 13 Allied Bank Limited(ABL)	114.51 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 13 Abbott Laboratories (Pakistan) Limited(ABOT)	996.67 ▲ 0.00 (0.00%)
Abson Ind. / Nov 13 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 13 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▲ 0.00 (0.00%)

Stock	Volume
Pak Int.Bulk / Nov 13 Pakistan International Bulk Terminal(PIBTL)	79,861,776 ▲ 0.00
K-Electric Ltd. / Nov 13 K-Electric Limited(KEL)	71,760,455 ▲ 0.00
Pak Refinery / Nov 13 Pakistan Refinery Limited(PRL)	56,364,168 ▲ 0.00
Sui South Gas / Nov 13 Sui Southern Gas Company Limited(SSGC)	45,537,793 ▲ 0.00
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	40,139,141 ▲ 0.00
Pak Elektron / Nov 13 Pak Elektron Limited(PAEL)	37,703,615 ▲ 0.00
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	28,322,891 ▲ 0.00
B.O.Punjab / Nov 13 The Bank of Punjab(BOP)	18,433,912 ▲ 0.00
The Searle Co. / Nov 13 The Searle Company Limited(SEARL)	17,718,419 ▲ 0.00

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