News Archives for Print - 2012-01-06

US treasuries bid yields

US treasuries bid yields on Thursday (January 05, 2012).

Published 06 Jan, 2012 12:00am

NLC, FWO, DHAs, others: big withholding agents not filing statements regularly

The Sales Tax Enforcement Plan (2012) framed by the Federal Board of Revenue has disclosed that some of the large withholding agents such as National Logistic Cell (NLC), Frontier Works Organisation (FWO), Defence Housing and Development Authorities, Nati

Published 06 Jan, 2012 12:00am

US treasuries bid yields

US treasuries bid yields on Thursday (January 05, 2012).

Published 06 Jan, 2012 12:00am

Curbing loadshedding: Cabinet refuses to give Rs 175 billion to ministry

The Cabinet has refused to give Rs 175 billion to the Ministry of Water and Power for complete elimination of power loadshedding this winter in the country due to financial crunch, official sources told Business Recorder. The sources said, the mini

Published 06 Jan, 2012 12:00am

US treasuries bid yields

US treasuries bid yields on Thursday (January 05, 2012).

Published 06 Jan, 2012 12:00am

Curbing loadshedding: Cabinet refuses to give Rs 175 billion to ministry

The Cabinet has refused to give Rs 175 billion to the Ministry of Water and Power for complete elimination of power loadshedding this winter in the country due to financial crunch, official sources told Business Recorder. The sources said, the mini

Published 06 Jan, 2012 12:00am

US treasuries bid prices

US treasuries bid prices on Thursday (January 05, 2012).

Published 06 Jan, 2012 12:00am

Curbing loadshedding: Cabinet refuses to give Rs 175 billion to ministry

The Cabinet has refused to give Rs 175 billion to the Ministry of Water and Power for complete elimination of power loadshedding this winter in the country due to financial crunch, official sources told Business Recorder. The sources said, the mini

Published 06 Jan, 2012 12:00am

US treasuries bid prices

US treasuries bid prices on Thursday (January 05, 2012).

Published 06 Jan, 2012 12:00am

Oil sales to China, Japan: Iran faces prospects of major cutbacks

Iran faced the prospect on Thursday of cutbacks in its oil sales to China and Japan as new measures to block Tehran''s crude exports over its nuclear programme appeared to be driving its economy to the wall. The developments in Asia follow news on Wednesd

Published 06 Jan, 2012 12:00am

US treasuries bid prices

US treasuries bid prices on Thursday (January 05, 2012).

Published 06 Jan, 2012 12:00am

Oil sales to China, Japan: Iran faces prospects of major cutbacks

Iran faced the prospect on Thursday of cutbacks in its oil sales to China and Japan as new measures to block Tehran's crude exports over its nuclear programme appeared to be driving its economy to the wall. The developments in Asia follow news on Wednesda

Published 06 Jan, 2012 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 06 Jan, 2012 12:00am

Oil sales to China, Japan: Iran faces prospects of major cutbacks

Iran faced the prospect on Thursday of cutbacks in its oil sales to China and Japan as new measures to block Tehran's crude exports over its nuclear programme appeared to be driving its economy to the wall. The developments in Asia follow news on Wednesda

Published 06 Jan, 2012 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (January 05, 2012).

Published 06 Jan, 2012 12:00am

US senators concerned for Haqqani

Three leading US senators Thursday voiced concern over Pakistan's treatment of its former envoy to Washington accused of crafting a controversial memo which has triggered a scandal. Husain Haqqani resigned over the affair and a Pakistani commission is pro

Published 06 Jan, 2012 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Thursday (January 05, 2012).

Published 06 Jan, 2012 12:00am

US senators concerned for Haqqani

Three leading US senators Thursday voiced concern over Pakistan's treatment of its former envoy to Washington accused of crafting a controversial memo which has triggered a scandal. Husain Haqqani resigned over the affair and a Pakistani commission is pro

Published 06 Jan, 2012 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (January 05, 2012).

Published 06 Jan, 2012 12:00am

NBP refuses to revisit PSM borrowing cost

National Bank of Pakistan has refused to revisit the cost of borrowing of Rs 7.6 billion loan and loan rescheduling fee, which was agreed by the Acting Chief Financial Officer (CFO) of Pakistan Steel Mills (PSM), according to official documents available

Published 06 Jan, 2012 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (January 05, 2012).

Published 06 Jan, 2012 12:00am

NBP refuses to revisit PSM borrowing cost

National Bank of Pakistan has refused to revisit the cost of borrowing of Rs 7.6 billion loan and loan rescheduling fee, which was agreed by the Acting Chief Financial Officer (CFO) of Pakistan Steel Mills (PSM), according to official documents available

Published 06 Jan, 2012 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 (January 05, 2012).

Published 06 Jan, 2012 12:00am

NBP refuses to revisit PSM borrowing cost

National Bank of Pakistan has refused to revisit the cost of borrowing of Rs 7.6 billion loan and loan rescheduling fee, which was agreed by the Acting Chief Financial Officer (CFO) of Pakistan Steel Mills (PSM), according to official documents available

Published 06 Jan, 2012 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 (January 05, 2012).

Published 06 Jan, 2012 12:00am

'Contempt of court': Awan issued another show cause notice

Issuing another show cause notice to former law minister and newly-appointed vice president of PPP Babar Awan, the Supreme Court (SC) on Thursday asked him to furnish a reply till January 09, explaining why his name must not be removed from the Roll of Ad

Published 06 Jan, 2012 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 (January 05, 2012).

Published 06 Jan, 2012 12:00am

'Contempt of court': Awan issued another show cause notice

Issuing another show cause notice to former law minister and newly-appointed vice president of PPP Babar Awan, the Supreme Court (SC) on Thursday asked him to furnish a reply till January 09, explaining why his name must not be removed from the Roll of Ad

Published 06 Jan, 2012 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Thursday (January 05, 2012).

Published 06 Jan, 2012 12:00am

All vacant seats: PPP moot for by-elections at the earliest

A meeting of some federal ministers and senior leaders of PPP with President Asif Ali Zardari and Prime Minister Syed Yousaf Raza Gilani in chair on Thursday decided to hold by-elections on all the vacant seats in the assemblies and complete all legal for

Published 06 Jan, 2012 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (January 05, 2012).

Published 06 Jan, 2012 12:00am

All vacant seats: PPP moot for by-elections at the earliest

A meeting of some federal ministers and senior leaders of PPP with President Asif Ali Zardari and Prime Minister Syed Yousaf Raza Gilani in chair on Thursday decided to hold by-elections on all the vacant seats in the assemblies and complete all legal for

Published 06 Jan, 2012 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 (January 05, 2012).

Published 06 Jan, 2012 12:00am

BRIndex30 down by 126.07 points

On Thurs-day, BRIndex30 opened at 8,455.55 and remained red throughout the trading session except for first few minutes after market opening. It touched an intraday high of 8,458.22 and an intraday low of 8,306.56 and closed at 8,329.48 which was -126.07

Published 06 Jan, 2012 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 (January 05, 2012).

Published 06 Jan, 2012 12:00am

BRIndex30 down by 126.07 points

On Thurs-day, BRIndex30 opened at 8,455.55 and remained red throughout the trading session except for first few minutes after market opening. It touched an intraday high of 8,458.22 and an intraday low of 8,306.56 and closed at 8,329.48 which was -126.07

Published 06 Jan, 2012 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (January 05, 2012).

Published 06 Jan, 2012 12:00am

KSE turns bearish

A bearish trend was witnessed the Karachi share market on Thursday due to across-the-board selling from local and foreign corridors. The benchmark KSE-100 index declined by 174.09 points to close at 11,187.88 level. The market opened in deep red and the i

Published 06 Jan, 2012 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 06 Jan, 2012 12:00am

KSE turns bearish

A bearish trend was witnessed the Karachi share market on Thursday due to across-the-board selling from local and foreign corridors. The benchmark KSE-100 index declined by 174.09 points to close at 11,187.88 level. The market opened in deep red and the i

Published 06 Jan, 2012 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 06 Jan, 2012 12:00am

KSE turns bearish

A bearish trend was witnessed the Karachi share market on Thursday due to across-the-board selling from local and foreign corridors. The benchmark KSE-100 index declined by 174.09 points to close at 11,187.88 level. The market opened in deep red and the i

Published 06 Jan, 2012 12:00am

Karachi interbank rates

Karachi interbank rates on Thursday (January 05, 2012).

Published 06 Jan, 2012 12:00am

Forex reserves may fall in second-half of fiscal year 2012

The State Bank of Pakistan (SBP) cautioned on Thursday that foreign exchange reserves could decline considerably in the second half of the on-going fiscal year, if the budgeted foreign inflows did not materialise.

Published 06 Jan, 2012 12:00am

New York cotton

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

Published 06 Jan, 2012 12:00am

Forex reserves may fall in second-half of fiscal year 2012

The State Bank of Pakistan (SBP) cautioned on Thursday that foreign exchange reserves could decline considerably in the second half of the on-going fiscal year, if the budgeted foreign inflows did not materialise.

Published 06 Jan, 2012 12:00am

New York cotton

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

Published 06 Jan, 2012 12:00am

Forex reserves may fall in second-half of fiscal year 2012

The State Bank of Pakistan (SBP) cautioned on Thursday that foreign exchange reserves could decline considerably in the second half of the on-going fiscal year, if the budgeted foreign inflows did not materialise.

Published 06 Jan, 2012 12:00am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 06 Jan, 2012 12:00am

Kayani holds 75-minute meeting with Wen: China to help stimulate economic growth

Chinese Premier Wen Jiabao said Thursday that as a true and steadfast friend of Pakistan China would continue to support Pakistan''''s efforts to safeguard its sovereignty, independence and territorial integrity, maintain its national dignity and back the

Published 06 Jan, 2012 12:00am

European wheat falls for second straight session

European benchmark wheat fell for a second straight session on Thursday, under pressure from hedging by French farm co-operatives, although weakness in the euro boosted the region's exports more competitive and pared early losses. On the Euronext exchange

Published 06 Jan, 2012 12:00am

Kayani holds 75-minute meeting with Wen: China to help stimulate economic growth

Chinese Premier Wen Jiabao said Thursday that as a true and steadfast friend of Pakistan China would continue to support Pakistan''s efforts to safeguard its sovereignty, independence and territorial integrity, maintain its national dignity and back the c

Published 06 Jan, 2012 12:00am

Higher trend amid slow trade on grain market

Slow business was seen on the wholesale grain market on Thursday amid balanced demand and supply position from upcountry centres, dealers said. On the cereal side masoor Canada low type gained Rs 300 to Rs 4800 while the best quality retained the overnigh

Published 06 Jan, 2012 12:00am

Kayani holds 75-minute meeting with Wen: China to help stimulate economic growth

Chinese Premier Wen Jiabao said Thursday that as a true and steadfast friend of Pakistan China would continue to support Pakistan's efforts to safeguard its sovereignty, independence and territorial integrity, maintain its national dignity and back the co

Published 06 Jan, 2012 12:00am

Kirana items move both ways on Jodia Bazaar

The trading in Kirana items moved both ways on Jodia Bazaar here on Thursday. The following changes were noted.

Published 06 Jan, 2012 12:00am

Kayani holds 75-minute meeting with Wen: China to help stimulate economic growth

Chinese Premier Wen Jiabao said Thursday that as a true and steadfast friend of Pakistan China would continue to support Pakistan's efforts to safeguard its sovereignty, independence and territorial integrity, maintain its national dignity and back the co

Published 06 Jan, 2012 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 70,775 tonnes of cargo comprising 42,295 tonnes of import cargo and 28,480 tonnes of export cargo including 2,217 loaded & empty containers during last 24 hours ended at 0700 hours on Thursday. The total import cargo of 42,295 ton

Published 06 Jan, 2012 12:00am

Hafeez briefs security panel on US aid suspension

Finance Minister Hafeez Sheikh on Thursday briefed the Parliamentary Committee on National Security (PCNS) on the current economic situation, the impact of the US aid suspension and Nato supply via Pakistan. The economic team led by Hafeez, briefed the PC

Published 06 Jan, 2012 12:00am

Oil cake markets rates

Mixed trend was seen on the forward cottonseed oilcake market on Thursday in process of trading, dealers said. The January contract that had ended at Rs 1165.30 commenced with .Rs 2.30 paisa loss at Rs 1163.00. The new March vaida which closed at 773.80 o

Published 06 Jan, 2012 12:00am

Hafeez briefs security panel on US aid suspension

Finance Minister Hafeez Sheikh on Thursday briefed the Parliamentary Committee on National Security (PCNS) on the current economic situation, the impact of the US aid suspension and Nato supply via Pakistan. The economic team led by Hafeez, briefed the PC

Published 06 Jan, 2012 12:00am

Higher dollar rates push up cotton prices as exporters' buying surges

As a result of sharp rise in the dollar rates, exporters showed fresh interest in cotton buying on the local market on Thursday, dealers said. The official spot rate was raised by Rs 50 to Rs 5,450, they said. Prices of seedcotton in Sindh were at Rs 1700

Published 06 Jan, 2012 12:00am

Hafeez briefs security panel on US aid suspension

Finance Minister Hafeez Sheikh on Thursday briefed the Parliamentary Committee on National Security (PCNS) on the current economic situation, the impact of the US aid suspension and Nato supply via Pakistan. The economic team led by Hafeez, briefed the PC

Published 06 Jan, 2012 12:00am

Corn Export premiums steady at US Gulf Coast

Export premiums for corn at the US Gulf Coast held mostly steady on Wednesday, capped by generally slow demand despite a South American drought that threatens to cut Argentina's and Brazil's crops, traders said. High US corn prices and stiff competition f

Published 06 Jan, 2012 12:00am

Smart recovery seen on cotton market

Seedcotton prices in Pakistan have gone up by Rs 100 to Rs 150 per 40 Kgs, while lint prices have made similar gains ie Rs 100/Rs 150 per maund (37.32 Kgs) in a tight market. Over the last two or three weeks time, lint prices have gone up by about Rs 700

Published 06 Jan, 2012 12:00am

Smart recovery seen on cotton market

Seedcotton prices in Pakistan have gone up by Rs 100 to Rs 150 per 40 Kgs, while lint prices have made similar gains ie Rs 100/Rs 150 per maund (37.32 Kgs) in a tight market. Over the last two or three weeks time, lint prices have gone up by about Rs 700

Published 06 Jan, 2012 12:00am

Ireland's AIB ends Aviva joint venture

Ireland's state-controlled Allied Irish Banks (AIB) is to end a five-year old deal with British insurer Aviva under which the bank sold Aviva life and pension products through its branches. "AIB will continue to offer its customers a full suite of life an

Published 06 Jan, 2012 12:00am

China's services PMI steady, economy subdued

China's services sector entered a seventh straight year of expansion in December, a survey of purchasing managers showed on Thursday, but a slowdown in the world's second-biggest economy saw overall levels of activity mired at three-month lows.

Published 06 Jan, 2012 12:00am

Consumer blues weigh on pre-election France

French consumer expenditure, linchpin of an economy that depends far more on domestic demand than its export-propelled neighbour Germany, could falter further in the coming weeks, according to a two reports published on Thursday. With morale at its lowest

Published 06 Jan, 2012 12:00am

Pace of services growth quickens

The pace of growth in the dominant US services sector quickened a bit in December, an industry report showed on Thursday, suggesting continued improvement in the economy. The Institute for Supply Management said its services sector index rose to 52.6 last

Published 06 Jan, 2012 12:00am

US private hiring soars

The US jobs recovery gathered pace as a measure of private-sector hiring surged in December and claims for unemployment benefits fell, suggesting the battered labour market may continue to strengthen in 2012. The ADP National Employment Report's December

Published 06 Jan, 2012 12:00am

Eurozone factories struggle, price pressures remain

New data painted a downbeat picture of the eurozone economy on Thursday, with industrial demand weaker than expected and producer price pressures unrelenting, an unwelcome mix with the currency zone expected to enter recession soon.

Published 06 Jan, 2012 12:00am

UK economy at risk despite services pick-up

Britain's economy remains at risk of recession despite a surprise pick-up in activity among services firms in December, as the spill-over from the eurozone crisis looms large and banks look set to tighten credit. The unexpected jump in the Markit/CIPS Pur

Published 06 Jan, 2012 12:00am

World private sector expansion hits nine-month high

The world's private sector economy picked up speed in December, expanding at its fastest rate in nine months thanks partly to an upturn among US companies, a business survey showed on Thursday. J.P. Morgan's Global All-Industry Output Index rose to 53.0 i

Published 06 Jan, 2012 12:00am

India's food price index down first time in six years

India's food price index declined for the first time in nearly six years as costs of pulses and vegetables fell, raising hopes that December's headline inflation rate will drop below 9 percent for the first time in more than a year. A high statistical bas

Published 06 Jan, 2012 12:00am

Boeing nets 805 aircraft orders in 2011

Boeing said Thursday that orders for its commercial airplanes in 2011 jumped sharply from the previous year, while aircraft deliveries improved moderately. Net commercial aircraft orders totalled 805, compared with 530 in 2010, the US aerospace giant said

Published 06 Jan, 2012 12:00am

Airbus beat 2011 delivery goal

Airbus delivered more than 530 jets in 2011, beating a company forecast and almost certainly maintaining its lead over Boeing for the ninth year running, industry sources said. The European planemaker had predicted deliveries of 520-530 aircraft, up 4 per

Published 06 Jan, 2012 12:00am

ENRC settles Congo claim with $1.25 billion deal

Kazakh miner ENRC said it agreed a $1.25 billion settlement with Canada's First Quantum Minerals to end a long-running dispute over ownership of the Kolwezi project in the Democratic Republic of Congo. The London-listed miner said on Thursday the deal wou

Published 06 Jan, 2012 12:00am

Tax inspectors hit target in Italian ski resort

Italian officials combating a national plague of tax evasion hit the jackpot in a swoop on a posh ski resort, catching 42 drivers of Ferraris and other luxury cars who had declared incomes of less than 30,000 euros ($38,700) a year. The technocrat governm

Published 06 Jan, 2012 12:00am

Asia has scope to respond to European crisis: IMF

Asia's export-dependent economies could be hurt by a downturn in Europe but countries in the region have ample room to respond aggressively by easing monetary policy and delaying fiscal consolidation, the IMF said on Thursday. Writing in a blog, economist

Published 06 Jan, 2012 12:00am

Brazil industrial output still sluggish in November

Industrial output in Brazil rose 0.3 percent in November from October, snapping three consecutive monthly drops, but the recovery was not strong enough to signal a solid rebound for an economy that stalled in the third quarter. November's industrial produ

Published 06 Jan, 2012 12:00am

East Africa explorer Cove eyes $1 billion sale

British oil and gas explorer Cove Energy has put itself up for sale, prompting some analysts to predict a price tag above $1 billion and a test of the industry's interest in the emerging gas basins of east Africa. Analysts said it made sense for Cove, unt

Published 06 Jan, 2012 12:00am

Singapore GDP shrinks

Singapore's trade-driven economy contracted in the last three months of 2011, signalling it may slip into a technical recession as a slump in manufacturing output and slowdown in external demand hurt exports. The contraction, however, is unlikely to bring

Published 06 Jan, 2012 12:00am

IAG traffic up 12.2 percent

International Airlines Group, formed by the merger of BA and Iberia, posted a strong rise in traffic in December, boosted by continued growth in first and business class passenger numbers. Traffic, measured in revenue passenger kilometres, rose 12.2 perce

Published 06 Jan, 2012 12:00am

United stunned as Magpies soar

Manchester United missed a chance to draw level with Manchester City at the top of the Premier League as they slumped to a stunning 3-0 defeat to Newcastle United. The returning Wayne Rooney couldn't inspire Sir Alex Ferguson's side, as they suffered back

Published 06 Jan, 2012 12:00am

France topple Spain to reach Hopman Cup final

France kept alive its hopes for a first victory at the Hopman Cup, advancing to the final after beating Spain 2-0 at the mixed teams tournament in Western Australia on Thursday. The French pairing of Marion Bartoli and Richard Gasquet, seeded second in th

Published 06 Jan, 2012 12:00am

Sri Lanka face innings defeat

Sri Lanka were in danger of an innings defeat after losing 12 wickets on the third day of the third and final Test against South Africa at Newlands on Thursday. Sri Lanka were 138 for four in their follow on innings at the close, still 203 runs short of m

Published 06 Jan, 2012 12:00am

I will not target any specific batsman, says Aizaz Cheema

Pakistan team's fast bowler, Aizaz Cheema said on Thursday that he would not be targeting any specific player of the English side during Pak-England series in off shore venue of United Arab Emirates. "I want to be useful part of the team by excelling in p

Published 06 Jan, 2012 12:00am

Argentine hockey team likely to visit Pakistan in March

The ambassador of Argentine to Pakistan Rodolfo J. Martin Saravia on Thursday said that his country's hockey team is likely to visit Pakistan in March this year. Talking to newsmen, he expressed confidence over the security arrangements in Pakistan and sa

Published 06 Jan, 2012 12:00am

Batting fast is in my nature but will overcome trend now: Umer Akmal

Pakistan team's batsman, Umer Akmal has said that batting fast was in his nature but he will endeavour to overcome this tendency to benefit the team in certain situations during Pak-England series in United Arab Emirates.

Published 06 Jan, 2012 12:00am

Highest Australian Test scores

The highest Australian individual Test scores after Michael Clarke's 329 not out against India in the second Test in Sydney on Thursday:

Published 06 Jan, 2012 12:00am

Clarke puts team win ahead of glory

Triple centurion Michael Clarke put team interests ahead of personal glory as Australia moved towards a crushing win over India in the second Test in Sydney on Thursday. Captain Clarke, unbeaten on 329, declared Australia's first innings closed at 659 for

Published 06 Jan, 2012 12:00am

Clijsters cruises into semis

Belgium's Kim Clijsters cruised into the semi-finals of the Brisbane International with a comfortable 6-3, 6-2 win over Czech player Iveta Benesova on Thursday. Fifth seed Clijsters took 78 minutes to see off Benesova, who had beaten top seed Samantha Sto

Published 06 Jan, 2012 12:00am

Simon makes Brisbane semis

Frenchman Gilles Simon continued his low-key run at the Brisbane International with a solid 7-6 (7/2), 6-4 quarter-final win over Santiago Giraldo on Thursday. Second seed Simon lost to Giraldo in the first round in Brisbane last year but was too consiste

Published 06 Jan, 2012 12:00am

Suarez 'apologises' for race comments

Liverpool striker Luis Suarez on Thursday issued an apology after receiving an eight-match ban for racially abusing Patrice Evra, but stopped short of saying sorry to the Manchester United defender. Liverpool said Tuesday they had accepted Suarez's ban fo

Published 06 Jan, 2012 12:00am

Top seeds cruise into quarters in India

Top seed Janko Tipsarevic of Serbia and number two Nicolas Almagro of Spain eased into the quarter-finals of the $450,000 ATP Chennai Open on Thursday. World number nine Tipsarevic outplayed Indian wildcard Yuki Bhambri 6-1, 6-3 in an hour on the centre c

Published 06 Jan, 2012 12:00am

Yuan ends lower

China's yuan closed slightly lower on Thursday after the People's Bank of China set the mid-point 114 pips weaker than the previous day's record high, the biggest fall in seven weeks, signalling its intention to keep a lid on yuan appreciation. Spot yuan

Published 06 Jan, 2012 12:00am

Sterling jumps versus euro

Sterling rose to its highest in nearly 16 months versus the euro on Thursday on worries over euro zone sovereign funding pressures and after data showed a pick-up in UK service sector activity. But the UK economy's uncertain prospects dragged the pound do

Published 06 Jan, 2012 12:00am

Euro hovers near lows in Asia

The euro hovered just above multi-year lows against the yen and Australian dollar in Asia on Thursday as markets refocused on concerns about the eurozone debt crisis ahead of a French debt auction later in the session. France plans to raise up to 8 billio

Published 06 Jan, 2012 12:00am

Euro falls broadly in London

The euro tumbled to a 15-month low against the dollar and an 11-year low versus the yen on Thursday as concerns about eurozone sovereign funding pressures and signs of weakness in the region's banks prompted investors to sell the shared currency. Hedge fu

Published 06 Jan, 2012 12:00am

Early trade in New York: Euro slumps versus dollar, yen

The euro slumped to its lowest level against the dollar since September 2010 and hit an 11-year low versus the yen on Thursday on concerns about eurozone sovereign funding and signs of weakness in the region's banks. The euro fell as low as $1.2776 and wa

Published 06 Jan, 2012 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 13	277.93
USD PKR Interbank Buying / Nov 13	277.83
USD to Japanese Yen / Nov 13	154.85
USD to Swiss Franc / Nov 13	0.88
Pound Sterling to USD / Nov 13	1.27
Euro to USD / Nov 13	1.06

Stock	Volume
S&P 500 / Nov 12	5,983.99
Nasdaq / Nov 12	19,281.40
Dow Jones / Nov 12	43,910.98
India Sensex / Nov 13	78,360.01
Tokyo Nikkei / Nov 13	38,794.83
Hang Seng / Nov 13	19,656.76
FTSE 100 / Nov 13	8,051.12
Germany DAX 30 / Nov 13	19,112.16

Item	Value
Gold 10 Grams PKR / Nov 12	231,911
Crude Oil USD/Barrel / Nov 13	68.33
Karachi Cotton PKR/37.32 KG / Nov 13	18,085
Gold Spot USD/Ounce / Nov 13	2,606.22
Cotton US¢/pound / Nov 13	71.05
Petrol/Litre / Nov 14	248.38

Stock	Price
786 Invest Ltd / Nov 14 786 Investments Limited(786)	6.55 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 14 Al-Abbas Sugar Mills Limited(AABS)	600 ▼ 0.00 (0.00%)
Agro Allianz / Nov 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 14 Ali Asghar Textile Mills Limited(AATM)	64.90 ▼ 0.00 (0.00%)
Allied Bank / Nov 14 Allied Bank Limited(ABL)	114.51 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 14 Abbott Laboratories (Pakistan) Limited(ABOT)	996.67 ▼ 0.00 (0.00%)
Abson Ind. / Nov 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 14 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 14 786 Investments Limited(786)	6.55 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 14 Al-Abbas Sugar Mills Limited(AABS)	600 ▲ 0.00 (0.00%)
Agro Allianz / Nov 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 14 Ali Asghar Textile Mills Limited(AATM)	64.90 ▲ 0.00 (0.00%)
Allied Bank / Nov 14 Allied Bank Limited(ABL)	114.51 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 14 Abbott Laboratories (Pakistan) Limited(ABOT)	996.67 ▲ 0.00 (0.00%)
Abson Ind. / Nov 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 14 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▲ 0.00 (0.00%)

Stock	Volume
Pak Int.Bulk / Nov 14 Pakistan International Bulk Terminal(PIBTL)	79,861,776 ▲ 0.00
K-Electric Ltd. / Nov 14 K-Electric Limited(KEL)	71,760,455 ▲ 0.00
Pak Refinery / Nov 14 Pakistan Refinery Limited(PRL)	56,364,168 ▲ 0.00
Sui South Gas / Nov 14 Sui Southern Gas Company Limited(SSGC)	45,537,793 ▲ 0.00
Cnergyico PK / Nov 14 Cnergyico PK Limited(CNERGY)	40,139,141 ▲ 0.00
Pak Elektron / Nov 14 Pak Elektron Limited(PAEL)	37,703,615 ▲ 0.00
WorldCall Telecom / Nov 14 Worldcall Telecom Limited(WTL)	28,322,891 ▲ 0.00
B.O.Punjab / Nov 14 The Bank of Punjab(BOP)	18,433,912 ▲ 0.00
The Searle Co. / Nov 14 The Searle Company Limited(SEARL)	17,718,419 ▲ 0.00

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