News Archives for Print - 2011-08-28

Dollar's rate in interbank market

Interbank closing rates for dollar on Saturday (August 27, 2011).

Published 28 Aug, 2011 12:00am

Toronto's main stocks rebound

Toronto's main stock index rebounded to end higher on Friday after a speech by Federal Reserve Chairman Ben Bernanke left the door open for further US stimulus measures next month. Bernanke stopped short of signalling more moves to boost growth during a s

Published 28 Aug, 2011 12:00am

Sri Lankan shares edge up

Sri Lanka's stock market gained on Friday in light trading volume and turnover due to retail speculation including Singer Finance , but concerns remained over the lack of liquidity. The island nation's main share index rose 0.2 percent or 13.76 points to

Published 28 Aug, 2011 12:00am

Stocks' volatility keeps US forecasters busy

Nobel Laureate Paul Samuelson is famous for saying the stock market predicted nine of the last five recessions. This joke by the first American to win the Nobel Memorial Prize in Economic Sciences is not lost on economists as they repeatedly downgrade US

Published 28 Aug, 2011 12:00am

Latam stocks rise

Latin American stocks rose on Friday after the head of the US Federal Reserve raised some hope that US policymakers could offer more stimulus after a policy meeting next month. The MSCI Latin American stock index added 0.57 percent. The index is headed fo

Published 28 Aug, 2011 12:00am

Major government bond yield outlook slashed as economies sag

Mounting evidence of worsening growth in big Western economies forced analysts to take an axe to yield forecasts for major government bonds in August, a monthly Reuters poll showed on Wednesday. Some of the downgrades were the biggest seen in a Reuters bo

Published 28 Aug, 2011 12:00am

Major government bond yield outlook slashed as economies sag

Mounting evidence of worsening growth in big Western economies forced analysts to take an axe to yield forecasts for major government bonds in August, a monthly Reuters poll showed on Wednesday. Some of the downgrades were the biggest seen in a Reuters bo

Published 28 Aug, 2011 12:00am

Treasuries rise

US Treasuries prices rose on Friday after the Federal Reserve chief left the door open for more measures to help a wobbly economy but offered no concrete plans for further monetary stimulus in a highly anticipated speech. Bond trading turned to a trickle

Published 28 Aug, 2011 12:00am

Treasuries rise

US Treasuries prices rose on Friday after the Federal Reserve chief left the door open for more measures to help a wobbly economy but offered no concrete plans for further monetary stimulus in a highly anticipated speech. Bond trading turned to a trickle

Published 28 Aug, 2011 12:00am

Indian 10-year bond yield jumps

India's 10-year benchmark federal bond yield rose to its highest in a week on Friday as the central bank deputy's comments sparked expectations that a rate pause may not be imminent. All eyes were on US Fed Chairman Ben Bernanke's speech in Jackson Hole,

Published 28 Aug, 2011 12:00am

Indian 10-year bond yield jumps

India's 10-year benchmark federal bond yield rose to its highest in a week on Friday as the central bank deputy's comments sparked expectations that a rate pause may not be imminent. All eyes were on US Fed Chairman Ben Bernanke's speech in Jackson Hole,

Published 28 Aug, 2011 12:00am

Egyptian court jails Orascom chairman

An Egyptian court sentenced the executive chairman of real estate and hotels firm Orascom Development to two years in jail for manipulating the firm's stock price and providing incorrect data on its finances, a judicial source said. Samih Sawiris was also

Published 28 Aug, 2011 12:00am

World Bank approves $300 million loan for Bangladesh

The World Bank has approved a 300-million-dollar loan for education in Bangladesh, the bank said Saturday. The loan was aimed at reducing school dropouts, improving teaching quality and building more infrastructure in impoverished Bangladesh, the bank sai

Published 28 Aug, 2011 12:00am

Argentine unions, bosses agree minimum wage hike

Argentina's government, unions and industry leaders reached a deal on Friday to raise the minimum wage by 25 percent less than two months from a presidential election. The minimum salary will rise to 2,300 pesos ($518) from the current 1,840 pesos a month

Published 28 Aug, 2011 12:00am

Pace of eurozone private sector loans eases: ECB

The rate of growth in private sector bank lending slowed slightly in July, the European Central Bank said Friday, which analysts took to point to risks to eurozone economic growth. Overall bank lending increased by 2.4 percent compared with the same month

Published 28 Aug, 2011 12:00am

Painkiller recalled in Britain after suspected sabotage

The makers of painkiller Nurofen Plus have recalled the tablets in Britain after anti-psychotic and epilepsy drugs were found to have been placed in packets in acts of suspected sabotage. "Nurofen Plus is being recalled," said a statement on Friday from m

Published 28 Aug, 2011 12:00am

Russia trims 2011 growth forecast to 4.1 percent

Russia's Economy Ministry has trimmed its growth forecast for 2011 to 4.1 percent from 4.2 percent against a backdrop of budgetary spending cuts and growing imports, a deputy minister told reporters on Saturday. Andrei Klepach did not rule out the possibi

Published 28 Aug, 2011 12:00am

Kazakhstan sees oil export duty flat until 2014

Kazakhstan, the largest oil producer in Central Asia, plans to retain its crude export duty at a maximum $40 per tonne until at least 2014, Finance Minister Bolat Zhamishev said on Saturday. "The issue of raising the export tariff will not be examined wit

Published 28 Aug, 2011 12:00am

Greece's Eurobank, Alpha Bank in merger deal

Greece's second and third largest banks, Eurobank and Alpha Bank, are expected to announce a merger on Monday to better face the country's recession and severe debt crisis, Greek banking sources told Reuters on Saturday. The government has been pressing b

Published 28 Aug, 2011 12:00am

ECB bond buying must be temporary: OECD economist

The European Central Bank's buying of Italian and Spanish state bonds can only be a temporary measure and must be linked to long-term economic reforms, a leading economist said on Saturday. In an interview in Italian daily Il Sole 24 Ore, Pier Carlo Padoa

Published 28 Aug, 2011 12:00am

ECB bond buying must be temporary: OECD economist

The European Central Bank's buying of Italian and Spanish state bonds can only be a temporary measure and must be linked to long-term economic reforms, a leading economist said on Saturday. In an interview in Italian daily Il Sole 24 Ore, Pier Carlo Padoa

Published 28 Aug, 2011 12:00am

Fed, other regulators need policing: economist

Global financial regulators are likely to impede growth rather than foster it unless they are better policed, an economist warned policymakers on Saturday. While regulatory reform since the 2007-09 financial crisis has given added clout to government regu

Published 28 Aug, 2011 12:00am

World economy may see seven lean years: German finance minister

German Finance Minister Wolfgang Schaeuble said the global economy may see "seven lean years" as a result of needed fiscal consolidation programmes, even as top US economists questioned the effectiveness of austerity measures. In a speech at a meeting of

Published 28 Aug, 2011 12:00am

One million Apple shares for new CEO

Apple's new chief executive Tim Cook has been awarded one million shares in the company, a bonus worth more than $383 million at the current stock price. Apple disclosed the award in a mandatory filing with the US Securities and Exchange Commission.

Published 28 Aug, 2011 12:00am

Bank of America may sell CCB shares by next week

The Bank of America is "completing plans" to sell over half of its shares in the China Construction Bank, with a group of Asian and Middle Eastern sovereign wealth funds negotiating to buy, the New York Times reported on Saturday. The report, citing two u

Published 28 Aug, 2011 12:00am

Turkish Airlines posts loss

Turkish Airlines posted a net loss of 220.6 million Turkish lira ($126 million)in the second quarter, much steeper than a consensus forecast, and despite an increase in sales of 34 percent as weakness in the Turkish currency weighed. The fast-expanding ai

Published 28 Aug, 2011 12:00am

Turkish Airlines posts loss

Turkish Airlines posted a net loss of 220.6 million Turkish lira ($126 million)in the second quarter, much steeper than a consensus forecast, and despite an increase in sales of 34 percent as weakness in the Turkish currency weighed. The fast-expanding ai

Published 28 Aug, 2011 12:00am

Google TV to launch in Europe next year

Google Inc will launch its TV service in Europe early next year, Executive Chairman Eric Schmidt said on Friday, despite teething problems that had led some observers to question how committed the company would remain to the project.

Published 28 Aug, 2011 12:00am

Karachi Port's and Port Qasim's activities

The Karachi Port handled 76,916 tonnes of cargo including 68,835 tonnes of import cargo, 8,081 tonnes of export cargo and 2,097 loaded & empty containers during last 24 hours ended at 0700 hours on Saturday. The total import cargo of 68,835 tonnes compris

Published 28 Aug, 2011 12:00am

Thin business on grain market

Lean business was seen on the wholesale grain market on Saturday as buyers kept to the sidelines due to lack of interest, dealers said. On the seed side cottonseed oilcake with bag Sindh low type gained Rs 10 to Rs 1160 and good type, however, shed the sa

Published 28 Aug, 2011 12:00am

Brazil's Santos port sees more strong growth

Brazil's dominance on world commodities markets over the centuries was built on the flow of ships through Santos, which is expected to triple movement of cargo over the next 15 years as it has over the past 20, the port authority said. Latin America's lar

Published 28 Aug, 2011 12:00am

Guar seed sowing in key Indian state may not match 2010

Acreage sown to guar seed in Rajasthan, India's biggest producer, may still trail 2010's record despite a fillip from rains last week, a state farm department official said on Friday, and heavy rains to come could hit crop growth. As on Tuesday, the area

Published 28 Aug, 2011 12:00am

Drought continues in China's top sugar region

Showers earlier this week failed to end lingering drought in China's top sugar region of Guangxi, which produces about 60 percent of the country's total sugar output, local agriculture officials said on Friday. "We have some rains, but only in parts of th

Published 28 Aug, 2011 12:00am

Grain export premiums steady at US Gulf Coast

Export premiums for corn, soyabeans and wheat held mostly steady at the US Gulf Coast on Friday as rally in the futures market chilled the already lacklustre demand for the commodities, traders said. Importers have slowed purchases in recent weeks, waitin

Published 28 Aug, 2011 12:00am

Argentine wheat healthy; more rains needed: government

Argentine 2011/12 wheat is in good shape though some areas need more rain in order to guarantee healthy crop development, the Agriculture Ministry said on Friday in a weekly report. Argentina, a leading global wheat exporter, has yet to forecast productio

Published 28 Aug, 2011 12:00am

Ireland eyes mortgage debt restructuring

The Irish government does not have the resources to fund a significant debt forgiveness programme for troubled mortgage holders and will likely bring in legislation to restructure the debt instead, a junior minister said on Monday. Ireland's ruling coalit

Published 28 Aug, 2011 12:00am

Finnish Prime Minister urges swift decision on Greece collateral

A dispute over a model for collateral from Greece in exchange for loans has to be solved as quickly as possible to prevent more inconvenience to Athens and other countries, the Finnish prime minister was quoted as saying on Saturday. Finland is standing b

Published 28 Aug, 2011 12:00am

China studies energy cap plan for local governments

China, the world's largest energy user, is studying how to enforce a total cap on energy consumption by setting targets for local governments, the Xinhua news agency said, citing a government report. China is the world's biggest emitter of greenhouse gase

Published 28 Aug, 2011 12:00am

Saab to seek court protection from creditors

Troubled Swedish carmaker Saab, owned by Dutch group Swedish Automobile NV, is to apply for court protection from its creditors, public radio quoted sources as saying on Friday. Amsterdam-listed Swedish Automobile said in a statement on Friday it was awar

Published 28 Aug, 2011 12:00am

Adidas expects 650 million euro profit in 2011

Germany's Adidas expects to make around 650 million euros ($933 million) net profit this year, with consumers snapping up sporting goods despite a rainy summer and uncertain economic outlook, its chief financial officer told a newspaper. Adidas, the world

Published 28 Aug, 2011 12:00am

Adidas expects 650 million euro profit in 2011

Germany's Adidas expects to make around 650 million euros ($933 million) net profit this year, with consumers snapping up sporting goods despite a rainy summer and uncertain economic outlook, its chief financial officer told a newspaper. Adidas, the world

Published 28 Aug, 2011 12:00am

Enhanced activity seen on cotton market as ginners lower selling prices

Trading activity improved on the cotton market on Saturday as increase in phutti arrivals forced the ginners to lower prices, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 6000, they said. The prices of seedcott

Published 28 Aug, 2011 12:00am

Oil cake market rates

The December vaida was higher while the January vaida was unchanged on the forward cottonseed oilcake market on Saturday in process of trading, dealers said. The December contract that had ended at Rs 1313.60 commenced with a gain of 20 paisa to Rs 1313.8

Published 28 Aug, 2011 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 28 Aug, 2011 12:00am

Karachi interbank rates

Karachi interbank rates on Saturday (August 27, 2011).

Published 28 Aug, 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 28 Aug, 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 28 Aug, 2011 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (August 27, 2011).

Published 28 Aug, 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 Saturday (August 27, 2011).

Published 28 Aug, 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 Saturday (August 27, 2011).

Published 28 Aug, 2011 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Saturday (August 27, 2011).

Published 28 Aug, 2011 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Saturday (August 27, 2011).

Published 28 Aug, 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 Saturday (August 27, 2011).

Published 28 Aug, 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 Saturday (August 27, 2011).

Published 28 Aug, 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 Saturday (August 27, 2011).

Published 28 Aug, 2011 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (August 27, 2011).

Published 28 Aug, 2011 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (August 27, 2011).

Published 28 Aug, 2011 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (August 27, 2011).

Published 28 Aug, 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 28 Aug, 2011 12:00am

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (August 27, 2011).

Published 28 Aug, 2011 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Saturday (August 27, 2011).

Published 28 Aug, 2011 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Saturday (August 27, 2011).

Published 28 Aug, 2011 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Saturday (August 27, 2011).

Published 28 Aug, 2011 12:00am

THE RUPEE: dollar sharply up

As a result of higher demand for dollars, the rupee hit the record low, crossing 87 level versus the greenback on Saturday, dealers said at the local currency market. The rupee continued its losses against dollar, shedding 23 paisa for buying at 87.13 and

Published 28 Aug, 2011 12:00am

THE RUPEE: dollar sharply up

As a result of higher demand for dollars, the rupee hit the record low, crossing 87 level versus the greenback on Saturday, dealers said at the local currency market. The rupee continued its losses against dollar, shedding 23 paisa for buying at 87.13 and

Published 28 Aug, 2011 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (August 27, 2011).

Published 28 Aug, 2011 12:00am

Dealing of non-resident, resident taxpayers: experts raise query on income tax circular

A legal ambiguity has been raised by tax experts in the income tax circular on banking sector whereby the payment and taxability of ''Profit on Debt'' under the Income Tax Ordinance, 2001 is being dealt separately for the non-resident and resident taxpaye

Published 28 Aug, 2011 12:00am

Khyber Pakhtunkhwa sets up Sugarcane Control Board

The Khyber Pakhtunkhwa government has constituted Provincial Sugarcane Control Board (PSCB) with the following composition, for the financial year 2011-12. The Cane Commission/Director Food Khyber Pakhtunkhwa will be headed as Chairman of the PSCB while t

Published 28 Aug, 2011 12:00am

Khyber Pakhtunkhwa sets up Sugarcane Control Board

The Khyber Pakhtunkhwa government has constituted Provincial Sugarcane Control Board (PSCB) with the following composition, for the financial year 2011-12. The Cane Commission/Director Food Khyber Pakhtunkhwa will be headed as Chairman of the PSCB while t

Published 28 Aug, 2011 12:00am

JCP recommends confirmation of 6 SHC additional judges' services

The Judicial Commission of Pakistan (JCP) in its meeting on Saturday recommended confirmation of services of six additional judges of Sindh High Court (SHC) Karachi. Chief Justice Iftikhar Muhammad Chaudhry presided over the meeting of the Commission wher

Published 28 Aug, 2011 12:00am

JCP recommends confirmation of 6 SHC additional judges' services

The Judicial Commission of Pakistan (JCP) in its meeting on Saturday recommended confirmation of services of six additional judges of Sindh High Court (SHC) Karachi. Chief Justice Iftikhar Muhammad Chaudhry presided over the meeting of the Commission wher

Published 28 Aug, 2011 12:00am

No breakthrough in Shahbaz Taseer case

Police have failed to find any clue about kidnappers of Shahbaz Taseer, son of the late Punjab Governor Salmaan Taseer, abducted on Friday from Gulberge area here. However, the police are investigating the case in all possible dimensions as Chief Minister

Published 28 Aug, 2011 12:00am

No breakthrough in Shahbaz Taseer case

Police have failed to find any clue about kidnappers of Shahbaz Taseer, son of the late Punjab Governor Salmaan Taseer, abducted on Friday from Gulberge area here. However, the police are investigating the case in all possible dimensions as Chief Minister

Published 28 Aug, 2011 12:00am

Not using Gwadar for urea import: ECC orders probe against TCP chief

The Economic Co-ordination Committee (ECC) of the Cabinet has ordered an inquiry against the Chairman of Trading Corporation of Pakistan (TCP) for allegedly flouting the former''s decision to use Gwadar port for import of urea worth billions of rupees, so

Published 28 Aug, 2011 12:00am

Not using Gwadar for urea import: ECC orders probe against TCP chief

The Economic Co-ordination Committee (ECC) of the Cabinet has ordered an inquiry against the Chairman of Trading Corporation of Pakistan (TCP) for allegedly flouting the former's decision to use Gwadar port for import of urea worth billions of rupees, sou

Published 28 Aug, 2011 12:00am

Not using Gwadar for urea import: ECC orders probe against TCP chief

The Economic Co-ordination Committee (ECC) of the Cabinet has ordered an inquiry against the Chairman of Trading Corporation of Pakistan (TCP) for allegedly flouting the former's decision to use Gwadar port for import of urea worth billions of rupees, sou

Published 28 Aug, 2011 12:00am

Pakistan lodges protest over attacks in Chitral district

Pakistan on Saturday lodged protest to the Afghan government over attacks from Kunar and Nooristan against seven Pakistani check posts in Chitral earlier on Saturday in which 25 security forces personnel embraced shahadat.

Published 28 Aug, 2011 12:00am

Pakistan lodges protest over attacks in Chitral district

Pakistan on Saturday lodged protest to the Afghan government over attacks from Kunar and Nooristan against seven Pakistani check posts in Chitral earlier on Saturday in which 25 security forces personnel embraced shahadat.

Published 28 Aug, 2011 12:00am

30 security personnel killed in cross-border raid

At least 30 security personnel were killed in pre-dawn attack of Afghan militants on Pakistani check-posts in district Chitral, security sources said on Saturday. In the exchange of fire, nine Afghan militants and 25 security personnel - 16 personnel of F

Published 28 Aug, 2011 12:00am

30 security personnel killed in cross-border raid

At least 30 security personnel were killed in pre-dawn attack of Afghan militants on Pakistani check-posts in district Chitral, security sources said on Saturday. In the exchange of fire, nine Afghan militants and 25 security personnel - 16 personnel of F

Published 28 Aug, 2011 12:00am

ATC judge asks FIA to confiscate Musharraf's property

An anti-terrorism court (ATC) on Saturday ordered the Federal Investigation Agency (FIA) to confiscate property of former President General Pervez Musharraf (Retd) and freeze all his bank accounts. The Anti-Terrorism Court (ATC) No III resumed the hearing

Published 28 Aug, 2011 12:00am

ATC judge asks FIA to confiscate Musharraf's property

An anti-terrorism court (ATC) on Saturday ordered the Federal Investigation Agency (FIA) to confiscate property of former President General Pervez Musharraf (Retd) and freeze all his bank accounts. The Anti-Terrorism Court (ATC) No III resumed the hearing

Published 28 Aug, 2011 12:00am

Al Qaeda number two killed in Pakistan this week: US

The number two leader of al Qaeda, Atiyah abd al-Rahman, was killed on August 22 in Pakistan, a senior US official told Reuters on Saturday. The official did not say how Rahman was killed, but said it happened in Waziristan, north-west Pakistan. The death

Published 28 Aug, 2011 12:00am

Al Qaeda number two killed in Pakistan this week: US

The number two leader of al Qaeda, Atiyah abd al-Rahman, was killed on August 22 in Pakistan, a senior US official told Reuters on Saturday. The official did not say how Rahman was killed, but said it happened in Waziristan, north-west Pakistan. The death

Published 28 Aug, 2011 12:00am

PPP prepares new draft of local government system for Sindh

PPP-led Sindh government has made a new draft of local government system to promulgate in the whole province, which would be sent very soon to all provincial coalition partners for consultation. Sources in Local Government Department told this to Busin

Published 28 Aug, 2011 12:00am

PPP prepares new draft of local government system for Sindh

PPP-led Sindh government has made a new draft of local government system to promulgate in the whole province, which would be sent very soon to all provincial coalition partners for consultation. Sources in Local Government Department told this to Busin
Published 28 Aug, 2011 12:00am

CCI to work on Zakat distribution formula

The Council of Common Interests (CCI) on Saturday agreed to work on a formula for distribution of Zakat by the provinces and to expedite work on compensation to the people affected by the devastating floods of last summer. The CCI, which met with Prime Mi
Published 28 Aug, 2011 12:00am

Karachi biggest challenge to government: Prime Minister

Prime Minister Yousuf Raza Gilani on Saturday termed Karachi the biggest challenge, and urged the nation to support the operation of the Sindh government. "It is a provincial initiative which will have full backing of the federal government. The solution
Published 28 Aug, 2011 12:00am

CJP administers oath to AGP Rana

The Presidency is seemed to have successfully removed all the concerns of Chief Justice Iftikhar Muhammad Chaudhry on new Auditor General of Pakistan (AGP) Muhammad Akhtar Buland Rana's appointment as his oath was taken in Supreme Court (SC) on Saturday.
Published 28 Aug, 2011 12:00am

FBR opposes MoC proposals: changes in DTRE, export schemes for Afghanistan, CARs

The Federal Board of Revenue (FBR) has opposed a number of proposals of the Ministry of Commerce for introducing, in the upcoming Trade Policy, major changes in the Duties and Taxes Remission for Export (DTRE) scheme and export schemes for Afghanistan and
Published 28 Aug, 2011 12:00am

Annexures with ST, FE returns: clarification issued

The Federal Board of Revenue (FBR) has issued a chart, for the facilitation of the registered persons, to file only relevant Annexures with the sales tax and federal excise returns. The FBR has placed the details of the Annexures and categories of taxpaye
Published 28 Aug, 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 Saturday (August 27, 2011).

Published 28 Aug, 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 12	252.63
Diesel/Litre / May 12	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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