News Archives for Print - 2011-07-12

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 74.45/74.47 (previous 74.30/74.39). Call Money Rates: 9.00-12.00 percent (previous 9.00-12.00 percent).

Published 12 Jul, 2011 12:00am

Euro hits record low versus Swiss franc in London

The euro hit a record low against the Swiss franc on Monday due to concerns Europe's debt crisis is spreading to its core economies, and the single currency looked vulnerable to more losses. Top EU finance officials gathered for an emergency meeting in Br

Published 12 Jul, 2011 12:00am

Early trade in New York: Euro sinks versus Swiss franc

Fear that the eurozone's debt crisis could spill over into Italy drove the euro to a record low against the Swiss franc on Monday as policy-makers tried to come up with a plan for a second round of Greek aid. The currency also tumbled to a four-month low

Published 12 Jul, 2011 12:00am

Euro slides in Asia

The euro fell back close to a record low versus the Swiss franc and hovered near chart support versus the Australian dollar on Monday, hurt by renewed jitters over the eurozone's debt crisis ahead of an emergency meeting of European officials. The euro fe

Published 12 Jul, 2011 12:00am

Interbank rates rise

Intensifying bond market anxiety centred on Italy and impending bank stress test results look set to drive interbank funding rates higher and boost demand for European Central Bank loans. Bank-to bank lending rates rose on Monday on signs the eurozone deb

Published 12 Jul, 2011 12:00am

FTSE plummets on debt, economic concern

Concerns over Europe's debt crisis and the global economy sent Britain's top shares sharply lower on Monday, leaving investors anxious for a strong earnings season to kick-start further buying of equities. The UK benchmark index ended down 61.42 points or

Published 12 Jul, 2011 12:00am

European shares end at two-week low

European shares fell to a two-week closing low on Monday, with affected stocks heavily sold off on escalating worries that the threat of contagion from the Greek debt crisis could lead to more countries requiring financial aid. The pan-European FTSEurofir

Published 12 Jul, 2011 12:00am

Australian shares fall

Australian stocks fell the most in nearly a month on Monday, hurt by weak data from the two biggest global economies, Europe's debt crisis and worries about the impact on corporate profits from Canberra's carbon tax plan unveiled on Sunday. Coal miners, s

Published 12 Jul, 2011 12:00am

Hong Kong shares decline broadly; China up

Hong Kong shares declined broadly as turnover hit its lowest in six weeks on Monday after disappointing global economic data, but strength in defensives helped China shares eke out gains on average turnover. Investors continued to short Chinese banks, whi

Published 12 Jul, 2011 12:00am

Indian shares slip

Indian shares slipped for the second straight session on Monday, ending down 0.7 percent as renewed concerns about the health of the global economy turned investors cautious ahead of key earnings later this week. The decline was led by technology and fina

Published 12 Jul, 2011 12:00am

Seoul shares lower

Seoul shares closed 1.1 percent lower on Monday, as major exporters such as Samsung Electronics Co Ltd and Hyundai Motor Co took a beating on renewed worries over the global demand outlook after poor US jobs data. US jobs data on Friday came in short of e

Published 12 Jul, 2011 12:00am

Cambodia launches bourse without trading

Cambodia launched its long-awaited national stock exchange on Monday, aimed at boosting economic growth - but trading is not set to start for months because of a string of delays. During the opening ceremony for the exchange, Economy and Finance Minister

Published 12 Jul, 2011 12:00am

Taiwan stocks down

Taiwan stocks closed 0.96 percent lower on Monday, pressured by a 2.1 percent fall in chip makers, over concerns about the outlook for tech firms. Hon Hai fell 1.43 percent. The electronics giant said earlier on Monday that it plans to list its distributi

Published 12 Jul, 2011 12:00am

Monday's afternoon trade: Wall Street drops over one percent

US stocks slumped more than 1 percent on Monday as worries about the US budget talks and the eurozone debt crisis sent a shudder through markets and overshadowed the start of earnings season. Renewed concerns that Europe's debt crisis would spread, an inc

Published 12 Jul, 2011 12:00am

Nikkei average falls

The Nikkei average fell on profit-taking on Monday after three weeks of gains, hurt by weak US and Chinese economic data, but it held the 10,000 line as investors avoided building large positions with the US corporate earnings season starting. Shares of l

Published 12 Jul, 2011 12:00am

South East Asian markets retreat

Southeast Asian stock markets retreated on Monday as investors cashed in gains in financials and big-caps after weak global economic data, including poor US job figures, with caution ahead of interest rate decisions in Indonesia and Thailand underpinning

Published 12 Jul, 2011 12:00am

Sindh, Punjab surpass cotton sowing targets

Owing to the best crop management practices and increasing price trend of international cotton market, the two main cotton producing provinces, Punjab and Sindh, have surpassed the crop sowing targets by 1.86 and 1.21 percent respectively during the curre

Published 12 Jul, 2011 12:00am

THE RUPEE: dollar higher marginally

Marginal decline was witnessed in the rupee value against dollar on the currency market on Monday in process of trading, experts said. The rupee fell in relation to dollar by four paisa for buying at 85.94 and domestic currency shed three paisa for sellin

Published 12 Jul, 2011 12:00am

Bangladesh crash kills 53 schoolboys after football match

A bus carrying scores of Bangladeshi schoolboys celebrating a football match victory against another school plunged off a hill road on Monday killing at least 53, police said. The accident happened at Mirersarai, 240 km (150 miles) south-east of the capit

Published 12 Jul, 2011 12:00am

THE RUPEE: dollar higher marginally

Marginal decline was witnessed in the rupee value against dollar on the currency market on Monday in process of trading, experts said. The rupee fell in relation to dollar by four paisa for buying at 85.94 and domestic currency shed three paisa for sellin

Published 12 Jul, 2011 12:00am

LSE index down 13.15 points

Bears dominated the proceedings at Lahore Stock Exchange (LSE) on Monday where equities showed negative signs amid descending transaction volume. The LSE-25 index moved down to 3109.87 points against 3123.02 points of last Friday, showing a decline of 13.

Published 12 Jul, 2011 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

LSE index down 13.15 points

Bears dominated the proceedings at Lahore Stock Exchange (LSE) on Monday where equities showed negative signs amid descending transaction volume. The LSE-25 index moved down to 3109.87 points against 3123.02 points of last Friday, showing a decline of 13.

Published 12 Jul, 2011 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

ISE index loses 26.32 points

Bears dominated the proceedings at Islamabad Stock Exchange (ISE) on Monday where equities showed negative signs amid decrease in index. ISE-10 Index was down by 26.32 points from 2,768.15 points to 2,741.83 points. Turnover amounted to 23,800 shares as c

Published 12 Jul, 2011 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

ISE index loses 26.32 points

Bears dominated the proceedings at Islamabad Stock Exchange (ISE) on Monday where equities showed negative signs amid decrease in index. ISE-10 Index was down by 26.32 points from 2,768.15 points to 2,741.83 points. Turnover amounted to 23,800 shares as c

Published 12 Jul, 2011 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

Eurozone mulls Greek options, concerns spread to Italy

EU finance officials discussed options for resolving Greece's intractable debt crisis on Monday, galvanised by the growing threat of contagion to Italy, the eurozone's third-largest economy. European Union sources told Reuters the Eurogroup of 17 eurozone

Published 12 Jul, 2011 12:00am

Weekly statement of position of all scheduled banks

Weekly statement of position of all scheduled banks as at the close of business on June 30, 2011.

Published 12 Jul, 2011 12:00am

Greek budget gap widens

A deeper-than-expected recession caused Greece's central government deficit to widen by almost one third in the first half of the year, widely missing an interim budget target under the country's bailout plan, the finance ministry said on Monday. Budget s

Published 12 Jul, 2011 12:00am

Weekly statement of position of all scheduled banks

Weekly statement of position of all scheduled banks as at the close of business on June 30, 2011.

Published 12 Jul, 2011 12:00am

Debt crisis to affect more countries: BIS

Sovereign debt crises are expected to widen to more countries in coming years, and public debts are increasingly likely to be viewed as risky assets, the Bank for International Settlements said Monday. "Looking forward, sovereign risk concerns may affect

Published 12 Jul, 2011 12:00am

Pakistan Economic Indicators

Pakistan Economic Indicators - July 04, 2011

Published 12 Jul, 2011 12:00am

Africa needs to revitalise manufacturing

Governments in Africa need to adopt new policies to ramp up manufacturing if the continent is to eliminate widespread poverty and create jobs to avoid conflict, a UN official said. Africa accounts for 1 percent of global manufacturing, and its labour inte

Published 12 Jul, 2011 12:00am

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

IEA trims total oil volume planned in release

The International Energy Agency (IEA) on Monday said the amount of oil made available from emergency reserves, to make up for disrupted Libyan supply, would be slightly less than earlier stated after sales by member-countries met with mixed demand.

Published 12 Jul, 2011 12:00am

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

Four major Saudi banks post sturdy second quarter profits

Four major Saudi banks reported quarterly profits that met or beat analysts estimates on Monday, in a sign the kingdom's lenders have begun to rebound from a punishing bout of a bad loan provisioning. Al-Rajhi Bank, the country's biggest Islamic lender, p

Published 12 Jul, 2011 12:00am

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

Four major Saudi banks post sturdy second quarter profits

Four major Saudi banks reported quarterly profits that met or beat analysts estimates on Monday, in a sign the kingdom's lenders have begun to rebound from a punishing bout of a bad loan provisioning. Al-Rajhi Bank, the country's biggest Islamic lender, p

Published 12 Jul, 2011 12:00am

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

South Sudan to launch new currency

South Sudan will launch its new currency next Monday, just over a week after splitting from the north to become the world's newest nation, the country's finance minister said on Monday. "From the 18th onward, depending on the distribution process, that mo

Published 12 Jul, 2011 12:00am

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

Major economies heading for slowdown: OECD

The world's leading economies are headed for a slowdown, the OECD said on Monday in its latest monthly economic overview, highlighting signs the US economy is reaching a turning point in its growth cycle. The Organisation for Economic Co-operation and Dev

Published 12 Jul, 2011 12:00am

Rates of spices and other allied commodities

Rates of spices and other allied commodities in rupees prevailing on the commodity markets in Karachi on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

Australia begins selling pollution tax

Australia's Prime Minister Julia Gillard began Monday the mammoth task of selling a bold new tax on carbon emissions to sceptical voters, in a battle that could make or break her fragile rule. But Gillard, who leads a shaky coalition government, immediate

Published 12 Jul, 2011 12:00am

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

Saab signs deals with large number of suppliers

Cash-strapped carmaker Saab said on Monday it had reached deals with many suppliers to settle debts as it struggles to secure parts and resume production. Saab, owned by Netherlands-based Swedish Automobile, has scraped together 61 million euros ($88.5 mi

Published 12 Jul, 2011 12:00am

Karachi chemicals and dyes market rates

Chemicals and dyes market rates in rupees on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

EU to propose curbs on ratings use by banks

Banks in the European Union face curbs on how much they can depend on ratings from credit agencies to calculate the size of their capital safety cushions. Michel Barnier, the EU's financial services chief, said he will make the proposals as part of his re

Published 12 Jul, 2011 12:00am

Grain market rates

Karachi grain market rates in rupees on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

Japan's consumer mood improves

Japanese consumer confidence improved for a second straight month in June, a government survey showed on Monday, boding well for the outlook for household spending and suggesting the economy's recovery from the March earthquake is broadening. The data rei

Published 12 Jul, 2011 12:00am

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

Afghanistan's second-biggest bank denies facing collapse

Afghanistan's second-biggest private bank denied on Monday it was facing collapse and said it had strong liquidity after lawmakers suggested it was headed for the same fate as Kabulbank, whose failure has thrown the country into crisis. Members of Afghani

Published 12 Jul, 2011 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

Red Cross reports rising violence in Pakistan

Aid workers are seeing a marked spike in casualties and injuries in Pakistan, fuelled by intensifying violence and anti-Western suspicions in the wake of the US raid in May that killed Osama bin Laden, a senior Red Cross official said Monday.

Published 12 Jul, 2011 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

Red Cross reports rising violence in Pakistan

Aid workers are seeing a marked spike in casualties and injuries in Pakistan, fuelled by intensifying violence and anti-Western suspicions in the wake of the US raid in May that killed Osama bin Laden, a senior Red Cross official said Monday.

Published 12 Jul, 2011 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

India unveils austerity steps to meet deficit target

The Indian government on Monday announced austerity measures, including a ban on meetings in five-star hotels and restrictions on foreign travel, as it tries to meet a fiscal deficit target. India, under threat from a slowing economy and a rising subsidy

Published 12 Jul, 2011 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

India unveils austerity steps to meet deficit target

The Indian government on Monday announced austerity measures, including a ban on meetings in five-star hotels and restrictions on foreign travel, as it tries to meet a fiscal deficit target. India, under threat from a slowing economy and a rising subsidy

Published 12 Jul, 2011 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

India unveils austerity steps to meet deficit target

The Indian government on Monday announced austerity measures, including a ban on meetings in five-star hotels and restrictions on foreign travel, as it tries to meet a fiscal deficit target. India, under threat from a slowing economy and a rising subsidy

Published 12 Jul, 2011 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

June fuel oil imports at all-time high

June fuel oil imports, mainly for power-generation, were at all-time high volumes of nearly 850,000 tonnes, on the back of severe power shortages in the country, official data showed on Monday. Imports of high-sulphur fuel oil (HSFO) were also at records-

Published 12 Jul, 2011 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

June fuel oil imports at all-time high

June fuel oil imports, mainly for power-generation, were at all-time high volumes of nearly 850,000 tonnes, on the back of severe power shortages in the country, official data showed on Monday. Imports of high-sulphur fuel oil (HSFO) were also at records-

Published 12 Jul, 2011 12:00am

Poultry Rates

Wholesale poultry rates on Monday (July 11, 2011) and for Tuesday (July 12, 2011).

Published 12 Jul, 2011 12:00am

June fuel oil imports at all-time high

June fuel oil imports, mainly for power-generation, were at all-time high volumes of nearly 850,000 tonnes, on the back of severe power shortages in the country, official data showed on Monday. Imports of high-sulphur fuel oil (HSFO) were also at records-

Published 12 Jul, 2011 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

Stiff competition throttles wheat exports

Cheap Black Sea wheat is undercutting exports from Pakistan and is likely to keep the south Asian country out of the market for several months, traders said on Monday. Asia's third-largest wheat producer, Pakistan resumed wheat exports in January for the

Published 12 Jul, 2011 12:00am

LME official prices

The following were Friday official prices.

Published 12 Jul, 2011 12:00am

Stiff competition throttles wheat exports

Cheap Black Sea wheat is undercutting exports from Pakistan and is likely to keep the south Asian country out of the market for several months, traders said on Monday. Asia's third-largest wheat producer, Pakistan resumed wheat exports in January for the

Published 12 Jul, 2011 12:00am

LME official prices

The following were Friday official prices.

Published 12 Jul, 2011 12:00am

Stiff competition throttles wheat exports

Cheap Black Sea wheat is undercutting exports from Pakistan and is likely to keep the south Asian country out of the market for several months, traders said on Monday. Asia''s third-largest wheat producer, Pakistan resumed wheat exports in January for the

Published 12 Jul, 2011 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (July 11, 2011).

Published 12 Jul, 2011 12:00am

US drone strike kills 10 militants

A US drone strike targeting a compound in tribal belt on the Afghan border on Monday killed at least 10 militants, local security officials said. Two unmanned aircraft fired four missiles, hitting the compound and a vehicle parked in the Gorwaik area of D

Published 12 Jul, 2011 12:00am

The Weather

The weather report on Monday (July 11, 2011) and the forecast for Tuesday (July 12, 2011).

Published 12 Jul, 2011 12:00am

US drone strike kills 10 militants

A US drone strike targeting a compound in tribal belt on the Afghan border on Monday killed at least 10 militants, local security officials said. Two unmanned aircraft fired four missiles, hitting the compound and a vehicle parked in the Gorwaik area of D

Published 12 Jul, 2011 12:00am

Cabinet meeting: special aircraft hired to take ministers, officials to Quetta

Cabinet Division has reportedly hired a special aircraft to take federal ministers and officials to Quetta for a cabinet meeting on Wednesday (tomorrow). The meeting will be presided over by the Prime Minister, Syed Yousuf Raza Gilani, well-informed sourc

Published 12 Jul, 2011 12:00am

Cabinet meeting: special aircraft hired to take ministers, officials to Quetta

Cabinet Division has reportedly hired a special aircraft to take federal ministers and officials to Quetta for a cabinet meeting on Wednesday (tomorrow). The meeting will be presided over by the Prime Minister, Syed Yousuf Raza Gilani, well-informed sourc

Published 12 Jul, 2011 12:00am

DIBL renamed as Burj Bank

Dawood Islamic Bank (DIBL) has been renamed as Burj Bank with effect from July 11, 2011, with the approval of the State Bank of Pakistan (SBP). This is a result of over $21 million invested by the Islamic Corporation for Development of the Private Sector

Published 12 Jul, 2011 12:00am

DIBL renamed as Burj Bank

Dawood Islamic Bank (DIBL) has been renamed as Burj Bank with effect from July 11, 2011, with the approval of the State Bank of Pakistan (SBP). This is a result of over $21 million invested by the Islamic Corporation for Development of the Private Sector

Published 12 Jul, 2011 12:00am

DIBL renamed as Burj Bank

Dawood Islamic Bank (DIBL) has been renamed as Burj Bank with effect from July 11, 2011, with the approval of the State Bank of Pakistan (SBP). This is a result of over $21 million invested by the Islamic Corporation for Development of the Private Sector

Published 12 Jul, 2011 12:00am

SBP notifies change of name

The State Bank of Pakistan has notified the change of name of "Dawood Islamic Bank Limited" to "Burj Bank Limited". In this regard a circular No BPRD (R&P-01)/2011/ 8949 has issued by the SBP. The circular said: "In exercise of the powers conferred on SBP

Published 12 Jul, 2011 12:00am

SBP notifies change of name

The State Bank of Pakistan has notified the change of name of "Dawood Islamic Bank Limited" to "Burj Bank Limited". In this regard a circular No BPRD (R&P-01)/2011/ 8949 has issued by the SBP. The circular said: "In exercise of the powers conferred on SBP

Published 12 Jul, 2011 12:00am

SBP notifies change of name

The State Bank of Pakistan has notified the change of name of "Dawood Islamic Bank Limited" to "Burj Bank Limited". In this regard a circular No BPRD (R&P-01)/2011/ 8949 has issued by the SBP. The circular said: "In exercise of the powers conferred on SBP

Published 12 Jul, 2011 12:00am

Pesco revises load management schedule

The Peshawar Electricity Supply Company (PESCO) has revised load management/load shedding schedule in the Khyber-Pukhtunkhwa. As per new reduced Quota of 800MW PESCO is carrying out 7 to 8 hours load shedding in urban areas and 8 to 9 hours load shedding

Published 12 Jul, 2011 12:00am

WAPDA generated over 31.45 billion units of electricity during 2010-11

The Pakistan Water and Power Development Authority (WAPDA) generated 31.45 billion units of hydro-power electricity during the fiscal year 2010-11, registering an increase of 3.84 billion units as compared to 2009-10. This increased hydro-power generation

Published 12 Jul, 2011 12:00am

Meezan Bank named Best Islamic Financial Institution in Pakistan

Meezan Bank, Pakistan's first and largest Islamic bank, has been awarded the Best Islamic Financial Institution in Pakistan by Global Finance magazine at its Annual Awards for the World's Best Islamic Financial Institutions 2011. The winners were judged o

Published 12 Jul, 2011 12:00am

Punjab-based parties watching Sindh situation with caution

The Punjab based political parties are watching the evolving Karachi situation with caution and apprehension as both the PPP-ANP alliance and MQM have now seemingly drawn and strengthened their battle lines of war of attrition for political and administra

Published 12 Jul, 2011 12:00am

LHC seeks reply from government by July 13

Lahore High Court here Monday sought reply from the federal government by July 13 in an application praying to sentence General Pervez Musharraf (retired) under high treason act 1973. The petitioner, Rana Ilamuddin Ghazi, contended that a Supreme Court be

Published 12 Jul, 2011 12:00am

Nokia, MCB sign accord

Nokia, a global leader in the mobile telecommunication industry, and MCB Bank Limited on Monday signed an agreement for the development and extension of financial services to millions of mobile phone users. Teppo Paavola, Nokia Vice President and General

Published 12 Jul, 2011 12:00am

US MIDDAY: wheat falls

Wheat fell 2.5 percent on Monday as a rising dollar weighed on grains, and improved prospects for Russia's crop accelerated wheat's plunge. Wheat fell the hardest, with an analyst raising its harvest outlook for No 4 wheat grower Russia, while conditions

Published 12 Jul, 2011 12:00am

SPOTLIGHT: Judiciary's wild goose chase: the goose turns and bites!: Compensate families of all victims of security failure Mr Rehman Malik!

For a full 5 days a bloodbath was allowed to continue in Karachi particularly in Orangi before some tangible action materialised. After over 100 deaths and perhaps many more wounded, help was allowed to come to the rescue of a beleaguered town of perhaps

Published 12 Jul, 2011 12:00am

Space industry in transition, community in peril?

The end of the shuttle programme with Atlantis' ongoing mission means not just the end of the spectacle that draws thousands to the slice of Florida beaches known as the Space Coast, but also the end of a livelihood for those who have serviced the decades

Published 12 Jul, 2011 12:00am

Revival of commissionerate system in Sindh

The revival of the commissionerate system in Sindh has been generally welcome, particularly when the rest of the three provinces have already restored the said system sometime ago. So much so, that the Sindhi nationalists who are said to be the worst 'ene

Published 12 Jul, 2011 12:00am

Sindh Assembly session: MQM submits adjournment motion

The MQM's provincial legislators on Monday submitted an adjournment motion in the Sindh Assembly Secretariat to discuss issues concerning public life, in the Wednesday's session. Muttahida wants to bring on the assembly platform issues of public concerns

Published 12 Jul, 2011 12:00am

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.37
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
India Sensex / May 9	79,454.47
Tokyo Nikkei / May 9	37,503.33
Nasdaq / May 9	17,928.92
Hang Seng / May 9	22,867.74
FTSE 100 / May 9	8,554.80
Dow Jones / May 9	41,249.38
Germany DAX 30 / May 9	23,499.32
France CAC40 / May 9	7,743.75

Item	Value
Crude Oil USD/Barrel / May 9	61.02
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Gold Spot USD/Ounce / May 9	3,324.98
Cotton US¢/pound / May 9	66.61
Petrol/Litre / May 11	252.63
Diesel/Litre / May 11	256.64

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.15 ▲ 0.72 (16.25%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	5.98 ▲ 0.83 (16.12%)
Parmount Sp. / May 9 Paramount Spinning Mills Limited(PASM)	3.22 ▲ 0.41 (14.59%)
UDL International / May 9 UDL International Limited(UDLI)	7.10 ▲ 0.85 (13.6%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.44 ▲ 0.65 (13.57%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.05 ▲ 0.23 (12.64%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.39 ▲ 0.48 (12.28%)
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6.42 ▲ 0.7 (12.24%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.90 ▲ 0.41 (11.75%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27.05 ▼ -5.03 (-15.68%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
Universal Ins. / May 9 The Universal Insurance Company Limited(UVIC)	8.25 ▼ -1 (-10.81%)
Sally Textile / May 9 Sally Textile Mills Limited(SLYT)	7.14 ▼ -0.86 (-10.75%)
Jubilee Spinning / May 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.43 ▼ -0.95 (-10.13%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
Dewan Mushtaq / May 9 Dewan Mushtaq Textile Mills Limited(DMTM)	9.29 ▼ -1.03 (-9.98%)
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	12.23 ▼ -1.35 (-9.94%)
First Elite Cap.Mod / May 9 First Elite Capital Modaraba(FECM)	18.44 ▼ -2 (-9.78%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	47,087,025 ▲ 0.06
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	33,590,475 ▲ 0.7
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	29,288,646 ▼ -1.53
B.O.Punjab / May 9 The Bank of Punjab(BOP)	18,310,598 ▲ 0.44
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	15,347,121 ▲ 0.3
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,961,675 ▼ -1.35
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,847,660 ▲ 5.69
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,463,181 ▲ 0.09
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	13,544,491 ▲ 2.45
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	13,517,642 ▲ 0.05

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