News Archives for Print - 2011-11-25

NJLI YAQEEN GROWTH FUND RATES

NJLI Yaqeen Growth Fund Rates on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

RPPs were the only short-term measure: former minister

Former minister of Water and Power Raja Pervez Ashraf told Supreme Court on Thursday that contracts of Rental Power Projects were awarded to meet growing power shortages as it was the only short-term measure to provide some relief to consumers facing long

Published 25 Nov, 2011 12:00am

NJLI YAQEEN GROWTH FUND RATES

NJLI Yaqeen Growth Fund Rates on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

RPPs were the only short-term measure: former minister

Former minister of Water and Power Raja Pervez Ashraf told Supreme Court on Thursday that contracts of Rental Power Projects were awarded to meet growing power shortages as it was the only short-term measure to provide some relief to consumers facing long

Published 25 Nov, 2011 12:00am

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

Lavish concessions to KESC: TI Pakistan files reference with NAB against Prime Minister, others

Transparency International Pakistan has filed a reference with the National Accountability Bureau (NAB) against Prime Minister Syed Yousuf Raza Gilani, federal ministers and Managing Director KESC for allegedly causing financial loss to national exchequer

Published 25 Nov, 2011 12:00am

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

Lavish concessions to KESC: TI Pakistan files reference with NAB against Prime Minister, others

Transparency International Pakistan has filed a reference with the National Accountability Bureau (NAB) against Prime Minister Syed Yousuf Raza Gilani, federal ministers and Managing Director KESC for allegedly causing financial loss to national exchequer

Published 25 Nov, 2011 12:00am

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

Lavish concessions to KESC: TI Pakistan files reference with NAB against Prime Minister, others

Transparency International Pakistan has filed a reference with the National Accountability Bureau (NAB) against Prime Minister Syed Yousuf Raza Gilani, federal ministers and Managing Director KESC for allegedly causing financial loss to national exchequer

Published 25 Nov, 2011 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

BRIndex30 up by 173.42 points

On Thursday, BRIndex30 opened at 8,901.46 and remained green for most of the trading session except for slight fluctuations in the first hour of market time. It touched an intraday high of 9,085.34 and an intraday low of 8,871.62 and closed at 9,074.88 wh

Published 25 Nov, 2011 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

BRIndex30 up by 173.42 points

On Thursday, BRIndex30 opened at 8,901.46 and remained green for most of the trading session except for slight fluctuations in the first hour of market time. It touched an intraday high of 9,085.34 and an intraday low of 8,871.62 and closed at 9,074.88 wh

Published 25 Nov, 2011 12:00am

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

KSE stages smart recovery

After witnessing a declining trend during the last many sessions, the KSE-100 index on Thursday recovered 95.44 points to close at the level of 11,729.41 points on the back of investors'' interest on available attractive level sin the oversold market.

Published 25 Nov, 2011 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

KSE stages smart recovery

After witnessing a declining trend during the last many sessions, the KSE-100 index on Thursday recovered 95.44 points to close at the level of 11,729.41 points on the back of investors' interest on available attractive level sin the oversold market.

Published 25 Nov, 2011 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

KSE stages smart recovery

After witnessing a declining trend during the last many sessions, the KSE-100 index on Thursday recovered 95.44 points to close at the level of 11,729.41 points on the back of investors' interest on available attractive level sin the oversold market.

Published 25 Nov, 2011 12:00am

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

Cabinet to ratify PTA with D-8 states on November 29

Federal Cabinet which is scheduled to meet on November 29, 2011, will ratify the much awaited Preferential Trade Agreement (PTA) with the D-8 countries, after five years of its signing, official sources told Business Recorder. According to the PTA,

Published 25 Nov, 2011 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Thursday (November 24, 2011)

Published 25 Nov, 2011 12:00am

Cabinet to ratify PTA with D-8 states on November 29

Federal Cabinet which is scheduled to meet on November 29, 2011, will ratify the much awaited Preferential Trade Agreement (PTA) with the D-8 countries, after five years of its signing, official sources told Business Recorder. According to the PTA,

Published 25 Nov, 2011 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Thursday (November 24, 2011)

Published 25 Nov, 2011 12:00am

Cabinet to ratify PTA with D-8 states on November 29

Federal Cabinet which is scheduled to meet on November 29, 2011, will ratify the much awaited Preferential Trade Agreement (PTA) with the D-8 countries, after five years of its signing, official sources told Business Recorder. According to the PTA,

Published 25 Nov, 2011 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Thursday (November 24, 2011)

Published 25 Nov, 2011 12:00am

Draft Textile Industry Act: provision to levy cess on textile sector withdrawn

The Ministry of Textile Industries has withdrawn the provision of levying cess on textile sector under the draft ''''Textile Industry (Development, Promotion and Standards) Act'''' on the recommendations of all the stakeholders, it is learnt.

Published 25 Nov, 2011 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

Draft Textile Industry Act: provision to levy cess on textile sector withdrawn

The Ministry of Textile Industries has withdrawn the provision of levying cess on textile sector under the draft ''Textile Industry (Development, Promotion and Standards) Act'' on the recommendations of all the stakeholders, it is learnt.

Published 25 Nov, 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 25 Nov, 2011 12:00am

Draft Textile Industry Act: provision to levy cess on textile sector withdrawn

The Ministry of Textile Industries has withdrawn the provision of levying cess on textile sector under the draft 'Textile Industry (Development, Promotion and Standards) Act' on the recommendations of all the stakeholders, it is learnt.

Published 25 Nov, 2011 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

Draft Textile Industry Act: provision to levy cess on textile sector withdrawn

The Ministry of Textile Industries has withdrawn the provision of levying cess on textile sector under the draft 'Textile Industry (Development, Promotion and Standards) Act' on the recommendations of all the stakeholders, it is learnt.

Published 25 Nov, 2011 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

Sales tax refund to Discos: CCoR decides to issue guidelines for uncollected power bills

Cabinet Committee on Restructuring (CCoR) has decided to issue guideline to the Federal Board of Revenue (FBR) to refund sales tax to the distribution companies (DISCOs) for uncollected electricity bills of more than 180 days, it was learnt.

Published 25 Nov, 2011 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

Sales tax refund to Discos: CCoR decides to issue guidelines for uncollected power bills

Cabinet Committee on Restructuring (CCoR) has decided to issue guideline to the Federal Board of Revenue (FBR) to refund sales tax to the distribution companies (DISCOs) for uncollected electricity bills of more than 180 days, it was learnt.

Published 25 Nov, 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 Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

Sales tax refund to Discos: CCoR decides to issue guidelines for uncollected power bills

Cabinet Committee on Restructuring (CCoR) has decided to issue guideline to the Federal Board of Revenue (FBR) to refund sales tax to the distribution companies (DISCOs) for uncollected electricity bills of more than 180 days, it was learnt.

Published 25 Nov, 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 Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

Robbers walk off with over Rs 19.4 million: bank, cash van targeted

The unabated bank heists have put a big question mark over the performance of law enforcement agencies as over Rs 19.4 million were looted in two separate robberies at various parts of the metropolis, here on Thursday. Rupees 23.8 million have so far been

Published 25 Nov, 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 Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

Robbers walk off with over Rs 19.4 million: bank, cash van targeted

The unabated bank heists have put a big question mark over the performance of law enforcement agencies as over Rs 19.4 million were looted in two separate robberies at various parts of the metropolis, here on Thursday. Rupees 23.8 million have so far been

Published 25 Nov, 2011 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

Benazir wasn't part of NRO deal: CJP

A 17-member bench of the Supreme Court on Thursday allowed federation's counsel Babar Awan to submit additional documents affecting adversely the federation, declaring that no further additional document relating to any individual would be accepted in the

Published 25 Nov, 2011 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

Benazir wasn't part of NRO deal: CJP

A 17-member bench of the Supreme Court on Thursday allowed federation's counsel Babar Awan to submit additional documents affecting adversely the federation, declaring that no further additional document relating to any individual would be accepted in the

Published 25 Nov, 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 Thursday (November 24, 2011).

Published 25 Nov, 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 Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (November 24, 2011).

Published 25 Nov, 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 25 Nov, 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 25 Nov, 2011 12:00am

Karachi interbank rates

Karachi interbank rates on Thursday (November 24, 2011).

Published 25 Nov, 2011 12:00am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 25 Nov, 2011 12:00am

Ferrer hands Djokovic rare defeat

World number one Novak Djokovic was beaten for only the fifth time this year as Spain's David Ferrer booked his place in the semi-finals of the ATP World Tour Finals with a 6-3, 6-1 victory on Wednesday. Djokovic had won 70 of his previous 74 matches duri

Published 25 Nov, 2011 12:00am

Federer beats Fish to extend winning run

Defending champion Roger Federer maintained his 100 percent record at this year's ATP World Tour Finals by completing his group fixtures with a 6-1, 3-6, 6-3 victory over America's Mardy Fish on Thursday. Federer was already guaranteed top spot in Group B

Published 25 Nov, 2011 12:00am

Saeed Ajmal leapfrogs to top ODI bowler's spot

Pakistan spinner Saeed Ajmal has rocketed to the top of the Reliance ICC Player Rankings for ODI bowlers following an impressive series performance against Sri Lanka in the United Arab Emirates. Ajmal took 11 wickets at an average of just 16.27 and an eco

Published 25 Nov, 2011 12:00am

Khalil to replace Junaid Khan

Pakistan on Thursday named left-arm paceman Mohammad Khalil to replace an injured Junaid Khan in the squad for the Bangladesh tour kicking off with a Twenty20 next week. Khan, 21, was ruled out of Pakistan's fifth and final one-day against Sri Lanka on We

Published 25 Nov, 2011 12:00am

Pakistan meet England in Champions Trophy opener

Pakistan will face England in its opening match of the Champions Trophy hockey tournament to be played on December 3 in Auckland. In the 8-nation hockey tournament, Pakistan has been placed in Pool A along with Australia, England and Spain, while Pool B i

Published 25 Nov, 2011 12:00am

Pakistan reach women cricket final

Pakistan defeated South Africa by three wickets to qualify for the final of International Cricket Council ICC Women World Cup qualifier here in Sher-e-Bengal stadium, on Thursday. In semi-final match, South Africa batted first and set a target of 181 runs

Published 25 Nov, 2011 12:00am

Pakistan seek Twenty20 win against Sri Lanka

Pakistan captain Misbah-ul Haq is hoping to win the Twenty20 match against Sri Lanka on Friday to lift their rankings and give them a clean sweep of the series after their Test and one-day victories. Pakistan, the 2009 World Twenty20 champions, have lost

Published 25 Nov, 2011 12:00am

Tendulkar on course for 100th century

Sachin Tendulkar stayed on course for an unprecedented 100th international century as India made a strong reply on the third day of the third and final Test against the West Indies on Thursday. The master batsman was unbeaten on 67 while Rahul Dravid (82)

Published 25 Nov, 2011 12:00am

APOEL, Arsenal and Leverkusen go through

APOEL Nicosia became the first Cypriot team to reach the Champions League last 16, Arsenal were the first English side through this season and Chelsea's woes increased when Bayer Leverkusen snatched late qualification on Wednesday. Holders Barcelona, who

Published 25 Nov, 2011 12:00am

Thai teen topples women's top seed

Thai teen sensation Inthanon Ratchanok stunned spectators in Shanghai Thursday, taking under an hour to slay the China Open's top women's singles seed Wang Shixian 21-18, 21-19 in her own backyard. "I'm very happy because I can fight and can beat number o

Published 25 Nov, 2011 12:00am

England sign unique 10-year sponsorship deal

England have signed a unique sponsorship agreement with Investec that will see the specialist bank and asset managing company backing Test cricket for the next 10 years. "This is excellent news... and a further boost following the England team's recent ac

Published 25 Nov, 2011 12:00am

US offers escape route for European IPO hopefuls

Stymied by too-volatile home markets, European companies are looking to make their stock market debuts in other regions, particularly the United States, in the hope of achieving a smoother ride to public life. While initial public offerings (IPOs) world-w

Published 25 Nov, 2011 12:00am

S&P downgrades Egypt rating

Standard and Poor's ratings agency said Thursday it has cut its long-term rating on Egypt by one notch to 'B+' as popular unrest undercuts the country's already weak political and economic outlook. "The downgrade reflects our opinion that Egypt's weak pol

Published 25 Nov, 2011 12:00am

Three Olympus executives quit

Three executives of Japan's Olympus Corp resigned on Thursday ahead of a boardroom showdown with ousted CEO Michael Woodford, as the British whistleblower said he would not be surprised if "some criminality" were involved in the scandal engulfing the once

Published 25 Nov, 2011 12:00am

Fitch cuts Portugal credit rating to junk status

Fitch ratings agency cut the credit standing of bailed-out Portugal by one notch to 'BB+,' junk-bond status, on Thursday because of its high level of debt and weak economic outlook. Fitch said the rating has a negative outlook, meaning it could be lowered

Published 25 Nov, 2011 12:00am

Portuguese strike against bailout austerity

Portuguese workers went on strike on Thursday, halting public transport and factories in many parts of the country to protest against harsh austerity measures imposed as the price of an EU/IMF bailout. The rescue funds are designed to keep Portugal afloat

Published 25 Nov, 2011 12:00am

France demands S&P punishment for downgrade blunder

Finance Minister Francois Baroin said Thursday that ratings agency Standard & Poor's should be punished after it sent out an erroneous email announcing that France's cherished top rating had been cut. "It really ... creates unacceptable damage and you can

Published 25 Nov, 2011 12:00am

Dexia gets cash lifeline, deal seen in 'days'

Troubled Franco-Belgian bank Dexia is drawing on emergency liquidity funds, a banking source said on Thursday, as its host governments rush to finalise a long-awaited deal to provide guarantees on its debt. A French Finance Ministry source said on Thursda

Published 25 Nov, 2011 12:00am

Occupy Wall Street protesters demand books back

Occupy Wall Street protesters told New York Mayor Michael Bloomberg on Wednesday that he better return some books to the "people's library:" more than 3,000 volumes, in fact. Activists from the movement against economic unfairness told a press conference

Published 25 Nov, 2011 12:00am

AT&T braces for T-Mobile deal collapse

AT&T said it would take a $4 billion charge in case its take-over of T-Mobile USA fails, reflecting the dwindling chances for the deal seen as job-destroying by powerful political opponents. The US telecoms group and T-Mobile owner Deutsche Telekom, said

Published 25 Nov, 2011 12:00am

Patchy UK growth boosts slowdown danger

Britain's economy grew 0.5 percent in the third quarter of this year, official data confirmed on Wednesday, in what is likely to be the last piece of moderately upbeat news for some time as the country veers perilously close to recession. Growth was the b

Published 25 Nov, 2011 12:00am

Bats, Chi-X exchanges cleared to merge

US exchange Bats Global Markets has secured British regulatory backing for its $300 million purchase of rival Chi-X Europe to create the region's top share trading venue. Bats said on Thursday Britain's Competition Commission had approved the merger, leav

Published 25 Nov, 2011 12:00am

Mugabe tells foreign firms to cede 51 percent shares or go

Zimbabwean President Robert Mugabe has told foreign firms to leave the country if they do not cede majority shares to local blacks, state media reported Thursday. "This is our policy. We do not hide it. We want empowerment of our people. Those who do not

Published 25 Nov, 2011 12:00am

UK agrees $180 million jet sale to US, criticises BAE

Britain has agreed a $180 million deal to sell 72 retired Harrier aircraft to the US Marine Corps for use as spare parts, a British minister said on Thursday. The sale's announcement came during a lengthy parliamentary debate when Harrier maker BAE System

Published 25 Nov, 2011 12:00am

US wheat futures down 2.5 percent

US wheat futures fell on Wednesday, with the benchmark Chicago Board of Trade contract hitting its lowest in nearly five months, on pressure from a firm dollar and worries about a slowing economy. Data that showed that China's factory activity in November

Published 25 Nov, 2011 12:00am

Rates decline persists on grain market

Downward trend again witnessed on the wholesale grain market on Thursday as buyers remained on the sidelines most of the time expecting more decline in the rates, dealers said. On the cereal side masoor dal Canada slipped by Rs 200 to Rs 5800, urad Burma

Published 25 Nov, 2011 12:00am

EU wheat touches 13-month low

European Union benchmark wheat futures touched a 13-month low on Wednesday, pressured by concerns about global growth and a commodities selloff but staged a limited comeback in late business. But EU wheat reduced losses in late afternoon trade on hopes th

Published 25 Nov, 2011 12:00am

US Midwest corn, soya bids flat in light sales

Corn and soya spot basis bids held steady at elevators and processors around the US Midwest on Wednesday in mostly quiet trade a day ahead of the US Thanksgiving holiday, dealers said. Very light farmer selling noted in Indiana as farmers grow concerned a

Published 25 Nov, 2011 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 53,306 tonnes of cargo including 29,121 tonnes of import, 24,185 tonnes of export cargo and 1,735 loaded and empty containers (TEUs) during the last 24 hours of business activities ended at 0700 hours on Thursday. The total import

Published 25 Nov, 2011 12:00am

Oil cake market rates

The December vaida was higher and the January contract was unchanged on the forward cottonseed oilcake market on Thursday in process of trading, dealers said. The December contract that had ended at Rs 1307.70 opened with a gain of 20 paisa to 1307.90. Th

Published 25 Nov, 2011 12:00am

Cotton prices' persistent fall on domestic market keeps buyers perplexed

Decline in the prices on the cotton market continued on Thursday, kept the buyers in uncertainties, dealers said. The Karachi Cotton Association (KCA) official spot rate slide continued for the fourth day in a row, lowered by Rs 100 to Rs 5,400, they said

Published 25 Nov, 2011 12:00am

Prices suffer extended losses on cotton market

Cotton prices suffered extended losses on the domestic market in both seedcotton (Kapas/Phutti) and lint categories due to both local and global factors. Locally, despite some recent improvement in textile business following the reduction in lint prices,

Published 25 Nov, 2011 12:00am

Prices suffer extended losses on cotton market

Cotton prices suffered extended losses on the domestic market in both seedcotton (Kapas/Phutti) and lint categories due to both local and global factors. Locally, despite some recent improvement in textile business following the reduction in lint prices,

Published 25 Nov, 2011 12:00am

Many above US poverty line struggle to make ends meet

Nearly half of all Americans lack economic security, meaning they live above the federal poverty threshold but still do not have enough money to cover housing, food, healthcare and other basic expenses, according to a survey of government and industry dat

Published 25 Nov, 2011 12:00am

Brazil jobless rate dips, real wages flat

Brazil's unemployment rate dipped in October on a shrinking number of jobseekers, as analysts said flat wages signalled an impending slowdown in the labour market in Latin America's biggest economy. Brazil's jobless rate dipped to 5.8 percent in October f

Published 25 Nov, 2011 12:00am

Chinese solar companies losses mount, forecast grim

Chinese solar companies Suntech Power Holdings, JA Solar Holdings Co and LDK Solar Co posted larger-than-expected quarterly losses and warned the bleak sector outlook would continue well into next year. The price of solar panels has dropped 40 percent thi

Published 25 Nov, 2011 12:00am

Deutsche Bank needs 2-3 billion euro for EBA

Deutsche Bank expects it will need 2-3 billion euros ($2.7-4.0 billion) of capital to meet the European Banking Authority's (EBA) tightened capital requirements by a mid-2012 deadline, a source familiar with the plans said on Thursday. Germany's largest l

Published 25 Nov, 2011 12:00am

Hungary sees stagnation risk, eyes IMF umbrella

Hungary's economy could sink into stagnation and credit supply may fall significantly, the economy minister said on Thursday, adding that a "safety net" type of agreement with international lenders could shield Hungary from the turmoil in the eurozone.

Published 25 Nov, 2011 12:00am

Taiwan stocks recover

Taiwan stocks rebounded 0.85 percent on Thursday, but smartphone maker HTC Corp tumbled by the 7 percent daily limit after cutting its fourth-quarter revenue forecast. The main TAIEX index ended up 57.96 points at 6,864.39, after plunging almost 8 percent

Published 25 Nov, 2011 12:00am

Egypt's bourse extends gains after truce; Gulf mixed

Egypt's bourse extended gains on Thursday after a truce between Egyptian riot police and protesters helped calm market concerns, and most Gulf markets were mixed, taking support from steady world stocks. The main Egyptian index closed 1.7 percent higher,

Published 25 Nov, 2011 12:00am

Indian shares spring back

Indian shares rebounded 1 percent on Thursday, led by engineering conglomerate Larsen & Toubro and mobile operator Bharti Airtel, after European markets held their ground and raised hopes for a revival in foreign fund inflows. The market gathered steam in

Published 25 Nov, 2011 12:00am

Hong Kong and Chinese shares up

Hong Kong shares edged up on Thursday, helped by bank and property stocks, which had been sold heavily in recent sessions, but strength in defensives and low volumes suggest that investors are still risk averse. China Overseas Land & Investment Ltd were a

Published 25 Nov, 2011 12:00am

Wall Street falls for sixth day

US stocks suffered a sixth straight day of losses on Wednesday as frustration over the eurozone's debt crisis, coupled with weak Chinese factory data, further dented investor sentiment. A weak German bond sale sparked fears the debt crisis was even beginn

Published 25 Nov, 2011 12:00am

US markets closed

The stock, financial and commodity markets in the US remain closed on Thursday due to US Thanksgiving Day holiday. Markets resume trading on Friday.

Published 25 Nov, 2011 12:00am

Treasuries yields at seven-week low

US Treasury debt prices rose on Wednesday, pushing benchmark yields to the lowest in seven weeks as worries over the outcome of the eurozone debt crisis underpinned the safe-haven appeal of US government debt. Treasuries shed early losses after an auction

Published 25 Nov, 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 12	153.83
USD to Swiss Franc / Nov 12	0.88
Pound Sterling to USD / Nov 12	1.28
Euro to USD / Nov 12	1.06

Stock	Volume
S&P 500 / Nov 11	6,001.35
Nasdaq / Nov 11	19,298.77
Dow Jones / Nov 11	44,293.13
India Sensex / Nov 12	78,930.71
Tokyo Nikkei / Nov 12	39,376.09
Hang Seng / Nov 12	19,825.28
FTSE 100 / Nov 12	8,078.78
Germany DAX 30 / Nov 12	19,259.41

Item	Value
Crude Oil USD/Barrel / Nov 12	68.03
Karachi Cotton PKR/37.32 KG / Nov 12	18,085
Gold 10 Grams PKR / Nov 12	231,911
Gold Spot USD/Ounce / Nov 12	2,600.75
Cotton US¢/pound / Nov 12	72.18
Petrol/Litre / Nov 13	248.38

Stock	Price
786 Invest Ltd / Nov 13 786 Investments Limited(786)	6.11 ▼ 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)	66.54 ▼ 0.00 (0.00%)
Allied Bank / Nov 13 Allied Bank Limited(ABL)	116.05 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 13 Abbott Laboratories (Pakistan) Limited(ABOT)	984.72 ▼ 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)	12.03 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 13 786 Investments Limited(786)	6.11 ▲ 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)	66.54 ▲ 0.00 (0.00%)
Allied Bank / Nov 13 Allied Bank Limited(ABL)	116.05 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 13 Abbott Laboratories (Pakistan) Limited(ABOT)	984.72 ▲ 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)	12.03 ▲ 0.00 (0.00%)

Stock	Volume
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	98,601,408 ▲ 0.00
Pak Elektron / Nov 13 Pak Elektron Limited(PAEL)	78,094,188 ▲ 0.00
K-Electric Ltd. / Nov 13 K-Electric Limited(KEL)	70,187,495 ▲ 0.00
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	31,959,599 ▲ 0.00
B.O.Punjab / Nov 13 The Bank of Punjab(BOP)	30,732,112 ▲ 0.00
The Searle Co. / Nov 13 The Searle Company Limited(SEARL)	25,361,739 ▲ 0.00
Citi Pharma Ltd / Nov 13 Citi Pharma Ltd.(CPHL)	22,856,315 ▲ 0.00
Sui South Gas / Nov 13 Sui Southern Gas Company Limited(SSGC)	22,691,678 ▲ 0.00
Pak Refinery / Nov 13 Pakistan Refinery Limited(PRL)	16,427,996 ▲ 0.00

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