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Print - 2012-02-15
BRIndex30 up 44.75 points

BRIndex30 up 44.75 points

On Tuesday, the BRIndex30 opened at 9,265.29 points and remained in positive throughout the trading session. It touched the intra-day high of 9,391.26 points and low of 9,300.44 points and closed at 9,310.04 points, with a net positive change of 44.75 poi
Published 15 Feb, 2012 12:00am
BRIndex30 up 44.75 points

BRIndex30 up 44.75 points

On Tuesday, the BRIndex30 opened at 9,265.29 points and remained in positive throughout the trading session. It touched the intra-day high of 9,391.26 points and low of 9,300.44 points and closed at 9,310.04 points, with a net positive change of 44.75 poi
Published 15 Feb, 2012 12:00am
Index gains 11.85 points

Index gains 11.85 points

The KSE-100 index on Tuesday gained 11.85 points and closed at 12,261.85 points on the back of local investors'' support. The market opened on a strong positive note, and the index hit 12,346.09 points intra-day high level, and remained in the positive zo
Published 15 Feb, 2012 12:00am
Index gains 11.85 points

Index gains 11.85 points

The KSE-100 index on Tuesday gained 11.85 points and closed at 12,261.85 points on the back of local investors' support. The market opened on a strong positive note, and the index hit 12,346.09 points intra-day high level, and remained in the positive zon
Published 15 Feb, 2012 12:00am
Index gains 11.85 points

Index gains 11.85 points

The KSE-100 index on Tuesday gained 11.85 points and closed at 12,261.85 points on the back of local investors' support. The market opened on a strong positive note, and the index hit 12,346.09 points intra-day high level, and remained in the positive zon
Published 15 Feb, 2012 12:00am
Overseas Pakistanis get right to vote

Overseas Pakistanis get right to vote

The Election Commission of Pakistan (ECP) decided in principle to give overseas Pakistanis right to vote in the next general election. The decision was taken at a consultative meeting of the commission on Tuesday, which was chaired by Secretary Commission
Published 15 Feb, 2012 12:00am
Overseas Pakistanis get right to vote

Overseas Pakistanis get right to vote

The Election Commission of Pakistan (ECP) decided in principle to give overseas Pakistanis right to vote in the next general election. The decision was taken at a consultative meeting of the commission on Tuesday, which was chaired by Secretary Commission
Published 15 Feb, 2012 12:00am
SNGPL, SSGC seek tariff hike from July 1

SNGPL, SSGC seek tariff hike from July 1

The Sui-Northern Gas Pipelines (SNGPL) has sought an increase of Rs 13.16 per million cubic British thermal units (mmbtu), while Sui-Southern Gas Company (SSGC) has sought increase of Rs 8.87 per mmbtu in consumer gas prices for financial year 2012-13, ef
Published 15 Feb, 2012 12:00am
SNGPL, SSGC seek tariff hike from July 1

SNGPL, SSGC seek tariff hike from July 1

The Sui-Northern Gas Pipelines (SNGPL) has sought an increase of Rs 13.16 per million cubic British thermal units (mmbtu), while Sui-Southern Gas Company (SSGC) has sought increase of Rs 8.87 per mmbtu in consumer gas prices for financial year 2012-13, ef
Published 15 Feb, 2012 12:00am
SNGPL, SSGC seek tariff hike from July 1

SNGPL, SSGC seek tariff hike from July 1

The Sui-Northern Gas Pipelines (SNGPL) has sought an increase of Rs 13.16 per million cubic British thermal units (mmbtu), while Sui-Southern Gas Company (SSGC) has sought increase of Rs 8.87 per mmbtu in consumer gas prices for financial year 2012-13, ef
Published 15 Feb, 2012 12:00am
Cabinet backs indicted Prime Minister

Cabinet backs indicted Prime Minister

The cabinet on Tuesday expressed "full confidence" in Prime Minister Yousuf Raza Gilani as he prepares to go on trial for contempt of court, which could cost him his job. "The cabinet unanimously applauded the conduct of the prime minister in the Supreme
Published 15 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Tuesday (February 14, 2012).

Published 15 Feb, 2012 12:00am
Cabinet backs indicted Prime Minister

Cabinet backs indicted Prime Minister

The cabinet on Tuesday expressed "full confidence" in Prime Minister Yousuf Raza Gilani as he prepares to go on trial for contempt of court, which could cost him his job. "The cabinet unanimously applauded the conduct of the prime minister in the Supreme
Published 15 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Tuesday (February 14, 2012).

Published 15 Feb, 2012 12:00am
There shall be no 'imported' Prime Minister: Gilani

There shall be no 'imported' Prime Minister: Gilani

Congratulating the nation and the parliament on the unanimous passage of 20th Amendment Bill, Prime Minister Syed Yousuf Raza Gilani Tuesday said that "from today it has been ensured that all future elections in the country will be held in a free, fair an
Published 15 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Tuesday (February 14, 2012).

Published 15 Feb, 2012 12:00am
There shall be no 'imported' Prime Minister: Gilani

There shall be no 'imported' Prime Minister: Gilani

Congratulating the nation and the parliament on the unanimous passage of 20th Amendment Bill, Prime Minister Syed Yousuf Raza Gilani Tuesday said that "from today it has been ensured that all future elections in the country will be held in a free, fair an
Published 15 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (February 14, 2012).

Published 15 Feb, 2012 12:00am
Decision on negative, positive lists deferred

Decision on negative, positive lists deferred

The Federal Cabinet presided over by Prime Minister Syed Yousuf Raza Gilani on Tuesday deferred the summary of the commerce ministry for negative and positive lists for trade with India and approved 20th Constitutional Amendment Bill to empower Chief Elec
Published 15 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (February 14, 2012).

Published 15 Feb, 2012 12:00am
Decision on negative, positive lists deferred

Decision on negative, positive lists deferred

The Federal Cabinet presided over by Prime Minister Syed Yousuf Raza Gilani on Tuesday deferred the summary of the commerce ministry for negative and positive lists for trade with India and approved 20th Constitutional Amendment Bill to empower Chief Elec
Published 15 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (February 14, 2012).

Published 15 Feb, 2012 12:00am
FED on air travels raised

FED on air travels raised

The Federal Board of Revenue (FBR) has increased federal excise duty (FED) rates on domestic and international air travel by Rs 40 and Rs 100, respectively, from January 20, 2012. In this connection, the FBR has superseded the federal excise duty rates pr
Published 15 Feb, 2012 12:00am
FED on air travels raised

FED on air travels raised

The Federal Board of Revenue (FBR) has increased federal excise duty (FED) rates on domestic and international air travel by Rs 40 and Rs 100, respectively, from January 20, 2012. In this connection, the FBR has superseded the federal excise duty rates pr
Published 15 Feb, 2012 12:00am
FED on air travels raised

FED on air travels raised

The Federal Board of Revenue (FBR) has increased federal excise duty (FED) rates on domestic and international air travel by Rs 40 and Rs 100, respectively, from January 20, 2012. In this connection, the FBR has superseded the federal excise duty rates pr
Published 15 Feb, 2012 12:00am
US carrier crosses Hormuz amid rising Gulf tensions

US carrier crosses Hormuz amid rising Gulf tensions

A US aircraft carrier strike group sailed through the Strait of Hormuz on Tuesday more than a month after Iran warned a different carrier - USS John C. Stennis - not to return to the Gulf as Iranian navy boats sailed by.
Published 15 Feb, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (February 14, 2012).

Published 15 Feb, 2012 12:00am
US carrier crosses Hormuz amid rising Gulf tensions

US carrier crosses Hormuz amid rising Gulf tensions

A US aircraft carrier strike group sailed through the Strait of Hormuz on Tuesday more than a month after Iran warned a different carrier - USS John C. Stennis - not to return to the Gulf as Iranian navy boats sailed by.
Published 15 Feb, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (February 14, 2012).

Published 15 Feb, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (February 14, 2012).
Published 15 Feb, 2012 12:00am
Transportation of foodstuff: Nato allowed to use airspace: minister

Transportation of foodstuff: Nato allowed to use airspace: minister

The government has allowed Nato/Isaf forces in Afghanistan to use Pakistan''''s airspace for transportation of perishable food items on humanitarian basis, said Minister for Defence Ahmed Mukhtar. The minister was briefing the media persons at a joint pre
Published 15 Feb, 2012 12:00am
Transportation of foodstuff: Nato allowed to use airspace: minister

Transportation of foodstuff: Nato allowed to use airspace: minister

The government has allowed Nato/Isaf forces in Afghanistan to use Pakistan''s airspace for transportation of perishable food items on humanitarian basis, said Minister for Defence Ahmed Mukhtar. The minister was briefing the media persons at a joint press
Published 15 Feb, 2012 12:00am
Bill buying rates per unit of currency

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 Tuesday (February 14, 2012).

Published 15 Feb, 2012 12:00am
Transportation of foodstuff: Nato allowed to use airspace: minister

Transportation of foodstuff: Nato allowed to use airspace: minister

The government has allowed Nato/Isaf forces in Afghanistan to use Pakistan's airspace for transportation of perishable food items on humanitarian basis, said Minister for Defence Ahmed Mukhtar. The minister was briefing the media persons at a joint press
Published 15 Feb, 2012 12:00am
Transportation of foodstuff: Nato allowed to use airspace: minister

Transportation of foodstuff: Nato allowed to use airspace: minister

The government has allowed Nato/Isaf forces in Afghanistan to use Pakistan's airspace for transportation of perishable food items on humanitarian basis, said Minister for Defence Ahmed Mukhtar. The minister was briefing the media persons at a joint press
Published 15 Feb, 2012 12:00am
New EU economic report: Britain, France marked down

New EU economic report: Britain, France marked down

The European Commission issued its first report card on EU economic imbalances Tuesday, warning Britain and France of declining export performance but steering clear of criticising Germany. European Union Economic Affairs Commissioner Olli Rehn named 12 o
Published 15 Feb, 2012 12:00am
New EU economic report: Britain, France marked down

New EU economic report: Britain, France marked down

The European Commission issued its first report card on EU economic imbalances Tuesday, warning Britain and France of declining export performance but steering clear of criticising Germany. European Union Economic Affairs Commissioner Olli Rehn named 12 o
Published 15 Feb, 2012 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (February 14, 2012).

Published 15 Feb, 2012 12:00am
New EU economic report: Britain, France marked down

New EU economic report: Britain, France marked down

The European Commission issued its first report card on EU economic imbalances Tuesday, warning Britain and France of declining export performance but steering clear of criticising Germany. European Union Economic Affairs Commissioner Olli Rehn named 12 o
Published 15 Feb, 2012 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (February 14, 2012).

Published 15 Feb, 2012 12:00am
Moody''s cuts ratings, outlooks on nine EU countries

Moody''s cuts ratings, outlooks on nine EU countries

Moody''s on Monday chopped the debt ratings of Italy, Spain and Portugal and put France, Britain and Austria on warning, saying they were increasingly vulnerable to the eurozone crisis. Casting doubt over whether Europe''s leaders were doing enough to rev
Published 15 Feb, 2012 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (February 14, 2012).

Published 15 Feb, 2012 12:00am
Moody's cuts ratings, outlooks on nine EU countries

Moody's cuts ratings, outlooks on nine EU countries

Moody's on Monday chopped the debt ratings of Italy, Spain and Portugal and put France, Britain and Austria on warning, saying they were increasingly vulnerable to the eurozone crisis. Casting doubt over whether Europe's leaders were doing enough to rever
Published 15 Feb, 2012 12:00am
Barclays bid rates and maximum rates for payment of interest

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 15 Feb, 2012 12:00am
Moody's cuts ratings, outlooks on nine EU countries

Moody's cuts ratings, outlooks on nine EU countries

Moody's on Monday chopped the debt ratings of Italy, Spain and Portugal and put France, Britain and Austria on warning, saying they were increasingly vulnerable to the eurozone crisis. Casting doubt over whether Europe's leaders were doing enough to rever
Published 15 Feb, 2012 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Tuesday (February 14, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover
Published 15 Feb, 2012 12:00am
China non-committal on eurozone

China non-committal on eurozone

China is ready to help resolve Europe''s debt crisis, its premier said on Tuesday, but he gave no details a day after the nation''s sovereign wealth fund ducked calls by German Chancellor Angela Merkel for it to buy euro government bonds. At a Beijing sum
Published 15 Feb, 2012 12:00am
China non-committal on eurozone

China non-committal on eurozone

China is ready to help resolve Europe's debt crisis, its premier said on Tuesday, but he gave no details a day after the nation's sovereign wealth fund ducked calls by German Chancellor Angela Merkel for it to buy euro government bonds. At a Beijing summi
Published 15 Feb, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:.

Published 15 Feb, 2012 12:00am
China non-committal on eurozone

China non-committal on eurozone

China is ready to help resolve Europe's debt crisis, its premier said on Tuesday, but he gave no details a day after the nation's sovereign wealth fund ducked calls by German Chancellor Angela Merkel for it to buy euro government bonds. At a Beijing summi
Published 15 Feb, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:.

Published 15 Feb, 2012 12:00am
Thai 2011 sugar exports hit record 6.68 million tonnes

Thai 2011 sugar exports hit record 6.68 million tonnes

Thailand, the world's second-biggest sugar exporter, shipped a record 6.68 million tonnes of the sweetener in 2011, up 51 percent from the previous year due to a bumper crop and strong demand, a senior official said on Tuesday.
Published 15 Feb, 2012 12:00am
US Midwest corn, soyabeans bids mostly steady

US Midwest corn, soyabeans bids mostly steady

Spot basis bids for corn and soyabeans held mostly steady around the US Midwest on Monday as futures rallied more than 1 percent, prompting a modest increase in farmer sales of each crop, grain merchants said. Farmers sold soyabeans more actively than cor
Published 15 Feb, 2012 12:00am
Indonesia plans to import 240,000 tonnes of raw sugar

Indonesia plans to import 240,000 tonnes of raw sugar

Indonesia, Southeast Asia's largest sugar consumer, plans to import 240,000 tonnes of raws this year to make up for a white sugar shortage before the domestic milling season starts in May, the agriculture minister said on Tuesday.
Published 15 Feb, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 137,616 tonnes of cargo comprising1 82,018 tonnes of import cargo and 55,598 tonnes of export cargo including 4,752 loaded & empty containers during last 24 hours ended at 0700 hours on Tuesday. The total import cargo of 82,018 to
Published 15 Feb, 2012 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian canola futures rose on Monday to a nearly four-month high, lifted by strength in crude oil and soyabeans after Greece's parliament approved an austerity bill to secure a second bailout. March hit $539.80, the highest price for a nearby contra
Published 15 Feb, 2012 12:00am
India's January vegetable oils imports down

India's January vegetable oils imports down

India imported 659,979 tonnes of vegetable oils in January, down 8.5 percent from a year earlier, data released by a leading trade body showed on Tuesday, lower than the average forecast in a Reuters survey Palm oil imports - the bulk of India's edible oi
Published 15 Feb, 2012 12:00am
Vietnam's February coffee loading to rise as prices gain

Vietnam's February coffee loading to rise as prices gain

Vietnam's coffee export loading in February is expected to rise to between 120,000-150,000 tonnes, or 2 million to 2.5 million 60-kg bags, as exporters cash in on price gains, traders said on Tuesday. Vietnamese farmers slowed sales even during their harv
Published 15 Feb, 2012 12:00am
Oil cake market rates

Oil cake market rates

The March vaida was down and the May contract was unchanged on the forward cottonseed oilcake market on Tuesday in process of trading, dealers said. The March vaida that had closed at 769.30 opened with 30 paisa loss at 769.00. The May vaida which closed
Published 15 Feb, 2012 12:00am
Buyers, sellers adopt wait-and-see mood on cotton market

Buyers, sellers adopt wait-and-see mood on cotton market

Wait-and-see attitude was adopted both by the mills and ginners on the cotton market on Tuesday just to see the latest development world over, dealers said. The official spot rate was unchanged at Rs 5,600, they said. Prices of seedcotton in Sindh were at
Published 15 Feb, 2012 12:00am
Prices seen drifting lower on grain market

Prices seen drifting lower on grain market

Easy trend was witnessed on the wholesale grain market on Tuesday because most of the commodities drifted lower on falling demand, dealers said. On the cereal side, makai low type shed Rs 50 to Rs 2225 and best type was higher by Rs 25 to Rs 2350, juwar r
Published 15 Feb, 2012 12:00am
BoJ signals more aggressive policy, sets inflation goal

BoJ signals more aggressive policy, sets inflation goal

The Bank of Japan boosted its asset buying programme by $130 billion on Tuesday and in the face of political pressure set an inflation goal of 1 percent, signalling a more aggressive monetary policy to pull an ailing economy out of deflation. Bond futures
Published 15 Feb, 2012 12:00am
Britain, France marked down in new EU economic report

Britain, France marked down in new EU economic report

The European Commission issued its first report card on EU economic imbalances Tuesday, warning Britain and France of declining export performance but steering clear of criticising Germany. European Union Economic Affairs Commissioner Olli Rehn named 12 o
Published 15 Feb, 2012 12:00am
US plan will end dozens of business tax breaks: Geithner

US plan will end dozens of business tax breaks: Geithner

The Obama administration's corporate tax reform plan will end "dozens and dozens" of breaks, US Treasury Secretary Timothy Geithner said on Tuesday as he defended the White House's election-year call for higher taxes from wealthy taxpayers. Within days, t
Published 15 Feb, 2012 12:00am
German economy pulls away from European pack

German economy pulls away from European pack

German analyst and investor sentiment leapt to its highest level in 10 months in February, reinforcing signs that Europe's largest economy is returning to growth as the rest of the euro zone faces a mild recession. The ZEW think tank's monthly poll of eco
Published 15 Feb, 2012 12:00am
US retail sales up modestly

US retail sales up modestly

US retail sales rose less than expected in January, hurt by discounting in the auto sector, but a rebound in an underlying measure of sales suggested a solid underpinning for the economy's recovery. Total retail sales increased 0.4 percent last month, the
Published 15 Feb, 2012 12:00am
Greece rushes to meet lender demands, eyes defence cut

Greece rushes to meet lender demands, eyes defence cut

Greece's government was considering further cuts to defence spending and public sector salaries on Tuesday to secure approval for a multi-billion-euro EU/IMF rescue package, government sources said. The cuts were on the agenda of a cabinet session chaired
Published 15 Feb, 2012 12:00am
WTO fails to agree on dispute body head

WTO fails to agree on dispute body head

The World Trade Organisation ran into a snag on Tuesday when selecting the head of its trade court, despite a call from chief Pascal Lamy for members to be pragmatic in their negotiations. The WTO met for the two-day meeting of its General Council, its ma
Published 15 Feb, 2012 12:00am