News Archives for Print - 2012-03-18

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Print - 2012-03-18

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates on Saturday (March 17, 2012).

Published 18 Mar, 2012 12:00am

Grain market rates

Karachi grain market rates in rupees on Saturday (March 17, 2012).

Published 18 Mar, 2012 12:00am

Karachi chemicals and dyes market rates

Chemicals and dyes market rates in rupees on Saturday (March 17, 2012).

Published 18 Mar, 2012 12:00am

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (March 17, 2012).

Published 18 Mar, 2012 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 (March 17, 2012).

Published 18 Mar, 2012 12:00am

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 17, 2012).

Published 18 Mar, 2012 12:00am

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 17, 2012).

Published 18 Mar, 2012 12:00am

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 17, 2012).

Published 18 Mar, 2012 12:00am

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 17, 2012).

Published 18 Mar, 2012 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (March 17, 2012).

Published 18 Mar, 2012 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 17, 2012).

Published 18 Mar, 2012 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 17, 2012).

Published 18 Mar, 2012 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 17, 2012).

Published 18 Mar, 2012 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 17, 2012).

Published 18 Mar, 2012 12:00am

Kerb buying and selling rate of US dollar

Open market rate in the kerb market in rupees on Saturday (March 17, 2012).

Published 18 Mar, 2012 12:00am

The dollar was slightly higher against the rupee on the open market on Saturday, dealers said. The dollar inched up as the rupee shed five paisa versus the greenback for buying and selling at 91.00 and 91.20, they said. The rupee retained its levels again

Published 18 Mar, 2012 12:00am

THE RUPEE: dollar up

Published 18 Mar, 2012 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Saturday (March 17, 2012).

Published 18 Mar, 2012 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (March 17, 2012).

Published 18 Mar, 2012 12:00am

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (March 17, 2012).

Published 18 Mar, 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 18 Mar, 2012 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (March 17, 2012).

Published 18 Mar, 2012 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 18 Mar, 2012 12:00am

Big Brazil coffee harvest to contain futures prices

A large Brazil coffee harvest will keep coffee futures prices in a range of $1.80 to $2 per lb for the next six months at least as the market eyes a large Brazil harvest, the head of Italian coffee roaster Illycaffe said in Sao Paulo on Thursday.

Published 18 Mar, 2012 12:00am

Karachi cotton market remains closed due to strike in protest against extortion

No business activity was seen on the cotton market on Saturday as all the major commercial centres were closed in Karachi, on strike call given by traders against extortion, brokers said on phone. No official spot rate was issued by the Karachi Cotton Ass

Published 18 Mar, 2012 12:00am

Canadian canola futures higher

ICE Canadian canola futures edged higher on Friday and touched a fresh six-month top, registering a sixth straight weekly gain. Canola rose late in the session, riding spillover support from higher soybeans and crude oil, after profit-taking pressured the

Published 18 Mar, 2012 12:00am

Grain market remains closed

All the major commercial centres including wholesale grain and seed markets were closed in Karachi on Saturday, on the strike call given by traders against extortion, so, prices held the overnight levels and market will open on Monday.

Published 18 Mar, 2012 12:00am

Wheat yield, export at risk in Russia's South

Poor autumn and winter crop conditions in Russia's key southern wheat export regions have threatened yields and could reduce Russia's export potential in the coming crop year, a top Russian grain analyst said on Thursday. Unusually warm temperatures in De

Published 18 Mar, 2012 12:00am

Indonesia's first quarter cocoa output to slump 60 percent

Heavy rains in the first quarter will lead to a 60 percent slump in Indonesia's cocoa bean output compared to a year ago, an industry group said on Wednesday, although the full-year figure is likely to show a near 10 percent increase. Wet weather wreaked

Published 18 Mar, 2012 12:00am

Soyabean export premiums steady at US Gulf Coast

Soyabean export premiums at the US Gulf Coast were mostly steady on Friday amid a lull in demand from top importer China, although port congestion in South America may support further demand for old-crop US soya in coming weeks, traders said.

Published 18 Mar, 2012 12:00am

Ukraine could increase grain exports to about 35 million tonnes by 2019

Ukraine could increase its grain exports to about 35 million tonnes by 2019 from about 20 million in the current season by boosting both the sowing area and yields, a large foreign grain trading house said on Wednesday. Ivan Miroshnichenko, Black Sea regi

Published 18 Mar, 2012 12:00am

Cuba to meet raw sugar exports plan despite shortfall

Cuba met its raw sugar export commitments through February and expects to do so this month despite a 106,000 tonne shortfall in production since the harvest began, official media said on Friday. The Communist party daily, Granma, said plans to produce 1.4

Published 18 Mar, 2012 12:00am

Early-planted Argentine corn hit by December-January drought

Early-planted corn in global No 2 exporter Argentina was pummelled by a December-January drought, but later-seeded fields have since been enlivened by regular rains, the government said on Friday. Dry, hot weather that blighted the Pampas during the dog d

Published 18 Mar, 2012 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 145,389 tonnes of cargo comprising1 109,551 tonnes of import cargo and 35,838 tonnes of export cargo including 6,239 loaded & empty containers during last 24 hours ended at 0700 hours on Saturday. The total import cargo of 109,551

Published 18 Mar, 2012 12:00am

Brazil new CS sugar output seen up

Sugar output from Brazil's new 2012/13 center-south cane crop was forecast at 33.88 million tonnes, up 9 percent from 31.2 million tonnes in the current crop, crop analysts Datagro said on Thursday in their first estimate of the upcoming harvest.

Published 18 Mar, 2012 12:00am

US Midwest corn bids fall for fifth straight day

Corn spot basis bids fell for the fifth straight day at river terminals around the US Midwest on Friday while bids for the grain were also weak at elevators in the region, pressured by an increase in country sales and better supplies in the export pipelin

Published 18 Mar, 2012 12:00am

Central banks snap up gold after price pressure

The fall in gold prices has prompted one or more central banks to buy as much as four tonnes of bullion in recent weeks, according to an industry source and a Financial Times report on Friday. The purchases, worth about $250 million at current prices, wer

Published 18 Mar, 2012 12:00am

UnitedHealth awarded $20 billion DOD contract

The US Department of Defence awarded UnitedHealth Group a nearly 6-year contract on Friday worth close to $20.5 billion to provide military health insurance coverage for its western region program. The contract covering the 21-state region had been held s

Published 18 Mar, 2012 12:00am

Ford 1,700 workers take early retirement offer

About 1,700 Ford Motor Co's workers accepted early retirement buyouts that were offered last fall as part of the No 2 US automaker's labour contract with the United Auto Workers union, a Ford spokeswoman said on Friday. About 920 of those who accepted the

Published 18 Mar, 2012 12:00am

China must quicken reforms to sustain growth

China faces increased constraints from sources of labour and raw materials and must accelerate structural adjustments to sustain growth, the country's top statistician said on Saturday, joining the chorus of calls for faster economic reforms. The world's

Published 18 Mar, 2012 12:00am

Obama calls for ending dependence on foreign energy

US President Barack Obama called on Saturday for an end to America's dependence on foreign energy sources - and to the multi-billion-dollar subsidies given each year to oil companies. "What we can't do is keep being dependent on other countries for our en

Published 18 Mar, 2012 12:00am

Exxon tells Baghdad Kurdistan deal is 'frozen'

US energy giant ExxonMobil has told the Iraqi oil ministry that it has "frozen" its controversial contract with the country's autonomous Kurdish region, a government official told AFP on Saturday. The regional government denied that claim, saying official

Published 18 Mar, 2012 12:00am

Fed revises stress test losses

The US Federal Reserve bank said on Friday it had made mistakes in calculating bank losses in stress test results released this week. But the Federal Reserve noted the revisions - which affect Citigroup, Bank of America, and three others - have no effect

Published 18 Mar, 2012 12:00am

UK to pledge tax relief for oil shutdowns

Britain hopes to unlock billions of pounds of investment in its North Sea oil fields by offering energy companies a guaranteed level of tax relief for when they eventually close their oil platforms, a Treasury source said on Friday. Finance minister Georg

Published 18 Mar, 2012 12:00am

UAE banks told to reduce debt burden of nationals

The United Arab Emirates' central bank has directed lenders in the Gulf state to help reduce the debt burden of UAE nationals, with some bankers saying banks may have to write off certain personal loans. The central bank, after a review of personal loans,

Published 18 Mar, 2012 12:00am

MF Global customers seek to streamline liquidation

The primary advocate group for former MF Global customers is undertaking an effort to convert the commodities broker's bankruptcy status to one that allows a more streamlined liquidation process, saying it would preserve more potential payback for custome

Published 18 Mar, 2012 12:00am

Little room for slippage in Greece plan

Greece has "little if any margin" for slippage on reforms under its new bailout program, according to IMF documentation for its loan to Athens released Friday. The International Monetary Fund, which decided a new 28 billion euro loan for Greece on Thursda

Published 18 Mar, 2012 12:00am

IMF warns Palestinians may face cuts without more aid

The International Monetary Fund on Saturday urged donors to meet their aid pledges to the Palestinian Authority, warning that unless funding was forthcoming it would be forced to cut public wages and social benefits to address a deepening fiscal crisis.

Published 18 Mar, 2012 12:00am

J.P Morgan staff told to go easy on Goldman's Muppetgate

Investment bank J.P. Morgan tried to contain damage to Wall Street's reputation on Thursday by telling staff not to try to profit from rival Goldman Sachs' embarrassment over a vitriolic resignation letter published in the New York Times. Equity derivativ

Published 18 Mar, 2012 12:00am

Bulgaria watchdog accuses four oil firms of price-fixing

Bulgaria's anti-monopoly commission said four oil companies operating in the Balkan country, including the Bulgarian unit of Russia's LUKOIL , had been involved in cartel agreements on fuel prices. The Commission for Protection of Competition said on Frid

Published 18 Mar, 2012 12:00am

China's BoCom raises $8.9 billion in private placement

China's fifth-largest lender, Bank of Communications Co Ltd, will raise $8.9 billion to meet tighter capital requirements by placing shares with existing shareholders such as HSBC and the country's finance ministry. China is set to see a flurry of fund-ra

Published 18 Mar, 2012 12:00am

Brazil job creation plummets on abrupt economic slowdown

Payroll job growth in Brazil's economy plummeted in February from a year earlier, as a broad economic slowdown forced employers to slow hiring. Manufacturers, farmers and retailers added a net 150,600 payroll jobs in February, down 57 percent from a year

Published 18 Mar, 2012 12:00am

Japan plugs into China yuan thinking with $10 billion bet

As the first G7 country to purchase Chinese government debt, Japan is gambling that its $10 billion investment will yield greater insight into Chinese currency policy in addition to one benefit already bagged - reduced upward pressure on the yen. How Beij

Published 18 Mar, 2012 12:00am

African currencies outlook: Kenyan shilling to stay up, naira likely to weaken

The Kenyan shilling is seen firming against the dollar in the next week to Thursday, while the Ugandan shilling and Nigerian naira is expected to weaken, traders said.

Published 18 Mar, 2012 12:00am

Rupee will recover substantially

Sri Lanka's rupee currency will recover substantially due to dollar inflows into the island nation's stocks, government securities, banks, and a hotel project, Central Bank Governor Ajith Nivard Cabraal said on Friday. The rupee hit a record low of 125.30

Published 18 Mar, 2012 12:00am

Sri Lankan rupee hits new low despite inflows

Sri Lanka's rupee hit a new record low of 125.60 on Friday due to importer dollar demand despite a large dollar inflow to fund a block deal in the stock market. The rupee closed at 125.55/70 a dollar, down from Thursday's close of 125.10/30. Three dealers

Published 18 Mar, 2012 12:00am

Dollar drops but trajectory seen upward on data drought

The dollar slumped broadly on Friday, halting a rally that had taken it to an 11-month high against the yen and a one-month peak versus the euro, but a dearth of significant economic data in the near term could restore the greenback's strength.

Published 18 Mar, 2012 12:00am

Canadian dollar flat versus greenback

Canada's dollar ended flat against the greenback on Friday, but fell with the US dollar against other major currencies as US and Canadian economic data disappointed the market. The US dollar's drop halted a rally that had taken it to an 11-month high agai

Published 18 Mar, 2012 12:00am

Yen net shorts surge, highest since May 2007

Currency speculators increased bets against the Japanese yen in the latest week to their highest in nearly five years, according to data from the Commodity Futures Trading Commission released on Friday. Yen net shorts surged to -42,380 contracts, their la

Published 18 Mar, 2012 12:00am

Investors bearish on yuan for first time in two years

Investors have turned bearish on the Chinese yuan for the first time in nearly two years, while becoming pessimistic on the Indian rupee and the Indonesian rupiah and cutting bets on other Asian currencies, a Reuters poll showed. The survey of 10 currency

Published 18 Mar, 2012 12:00am

Latam forex little changed, 'wait-and-see' mode

Latin American foreign exchange rates were little changed on Friday as doubts arose over the world economy's ability to sustain currency rallies in Mexico, Chile and Colombia. In Brazil a more than two-week slide eased. The declines came after the governm

Published 18 Mar, 2012 12:00am

Wigan dismal home run continues

Wigan's miserable home record continued on Saturday as the relegation-threatened side were held to a 1-1 draw by West Bromwich Albion at the DW Stadium. With only two Premier League fixtures scheduled on Saturday, Roberto Martinez's men could have climbed

Published 18 Mar, 2012 12:00am

Honours even as Everton, Sunderland draw

Everton came from behind to earn a 1-1 draw with Sunderland in the two Premier League teams' FA Cup quarter-final at Goodison Park on Saturday. A frenetic first half saw Sunderland take an early lead through fullback Phil Bardsley before Everton levelled

Published 18 Mar, 2012 12:00am

Australia pile on misery for hapless West Indies

Australia maintained their six-year unbeaten run against the West Indies when they cantered to a 64-run victory in the first one-dayer on Friday after the home side suffered an embarrassing batting collapse. Chasing a modest 205 target, West Indies, who h

Published 18 Mar, 2012 12:00am

Pakistan salutes record-setting Tendulkar

Former cricketing greats and fans in Pakistan paid tribute Saturday to Indian batting superstar Sachin Tendulkar after he became the first player ever to score 100 international centuries. "It is a great achievement which other players of his era and thos

Published 18 Mar, 2012 12:00am

Azarenka, Sharapova set for dream final

The top two women in the world reached the Indian Wells final Friday as Victoria Azarenka eased through in straight sets while Maria Sharapova advanced when her opponent retired with an injury. World number one Azarenka extended her season-long match win

Published 18 Mar, 2012 12:00am

England open Sri Lanka tour with win

England made a winning start to their tour of Sri Lanka by defeating the Board XI by an innings and 15 runs on the final day of the three-day match in Colombo on Saturday. The tourists, who declared their first innings at the overnight total of 303-8, a l

Published 18 Mar, 2012 12:00am

Sports festival of PGMI held

Annual sports festival of Post Graduate Medical Institute (PGMI) was held on Saturday at Punjab Stadium. Professor Dr Tariq Salahuddin, Principal PGMI and LGH, inaugurated the sports event which was participated by more than 200 players who were mostly do

Published 18 Mar, 2012 12:00am

Philander guides South Africa to easy win

Vernon Philander produced the best figures of his remarkable early career for South Africa to wrap up the second Test against New Zealand by nine wickets inside three days on Saturday. The tourists needed just 20 overs to reach the 101-run target in Hamil

Published 18 Mar, 2012 12:00am

Pakistani will have an edge over India: former skippers

Having won both of its Asia Cup matches in Bangladesh, Pakistan will have an edge against arch-rival India, when the two teams will come face to face on Sunday. "Pakistan has won both of its Asia Cup matches and therefore their morale would be high," form

Published 18 Mar, 2012 12:00am

India face tough task against Pakistan

Stung by the upset defeat against minnows Bangladesh, India will be under immense pressure when they go into their must-win last Asia Cricket Cup league match against arch-rivals Pakistan on Sunday with bowling in slog overs continuing to be a big worry.

Published 18 Mar, 2012 12:00am

Punjab University meeting held

Punjab University Syndicate meeting held on Saturday at the committee room of Vice Chancellor. The meeting summoned former PU Dean Professor Dr Qari Mughees uddin Sheik and ICS Director Professor Dr Ahsan Akhtar Naz who were served show-cause notices.

Published 18 Mar, 2012 12:00am

Riaz slams Shahbaz

Raja Riaz has criticised Chief Minister Punjab Shahbaz Sharif for not attending joint parliamentary session for Presidential address and termed it equal to 'mental sicknesses'. Addressing a press conference at the Punjab Assembly cafeteria, the Opposition

Published 18 Mar, 2012 12:00am

UAF milk competition sets new record

University of Agriculture Faisalabad (UAF) organised a milk competition in connection with its ongoing six-day Spring Festival. The competition set a new record. According to results, Qumber Maqbool from SB Dairy Farm clinched the first position with 51.8

Published 18 Mar, 2012 12:00am

Workers, peasants take out huge rally

Thousands of peasants, workers and students from across the Punjab marched through the city on Saturday demanding a transformation of the national security state into a people's welfare state and a reformed electoral system.

Published 18 Mar, 2012 12:00am

PIAF expresses solidarity with Karachi business community

Pakistan Industrial and Traders Associations Front (PIAF) has expressed solidarity with the business community of Karachi against extortions and urged the government to take a decisive action against the extortionist who are not only spoiling the business

Published 18 Mar, 2012 12:00am

Jamaat-i-Islami rejects President's claims

Jamaat-e-Islami (JI), Ameer, Syed Munawar Hasan, has termed that President Zardari's claims of establishing supremacy of the constitution and the law, containing inflation and devising new plans to overcome energy crisis, as totally false and a trickery o

Published 18 Mar, 2012 12:00am

Education through wireless

The University of Veterinary and Animal Sciences (UVAS) and World Engagement Institute (WEI-USA) have entered into a partnership to prepare a programme of educational collaboration through wireless communication. The MoU was signed on Saturday by UVAS Vic

Published 18 Mar, 2012 12:00am

Pak Tea House: proposals rejected

Commissioner Lahore Division Jawad Rafique Malik has rejected the proposals of restoration of Pak Tea House on the pattern of British style and issued instructions for evolving a new project within three days for revival of Pak Tea House in accordance wit

Published 18 Mar, 2012 12:00am

Low gas pressure hits textile production

Low pressure gas supply affected production of textile industries by 30 percent in Lahore and Sheikhupura zones, said industry sources on Saturday. According to the industry sources, the gas pressure remained dismal low due to rise in demand with drop in

Published 18 Mar, 2012 12:00am

Saudi utility SWCC eyes doubling water output by 2015

State-run Saudi utility Saline Water Conversion Corp (SWCC) plans to nearly double energy-intensive desalinated water production to almost 6 million cubic metres per day by the end of 2015, its governor said on Saturday. SWCC now produces 3.3 million cubi

Published 18 Mar, 2012 12:00am

RUSAL shareholder Vekselberg opposes new chairman

Russian billionaire Viktor Vekselberg's Sual Partners, holder of a 15.8 percent stake in aluminium giant UC RUSAL, said the appointment on Friday of Barry Cheung as RUSAL's chairman was not in the long-term interests of the firm. Vekselberg quit as RUSAL

Published 18 Mar, 2012 12:00am

Indian media slams 'zero risk' budget

Indian media on Saturday slammed the embattled Congress government's budget that eschewed bold reforms and opted for modest steps to rein in the deficit, describing it as "low on vision". Newspapers said the budget presented by Finance Minister Pranab Muk

Published 18 Mar, 2012 12:00am

Airlines warn of Olympic chaos at London airports

The heads of four leading airlines have warned the British government there could be chaos at London's airports during this summer's Olympic Games, which would cause major embarrassment to the country unless a deal can be reached over their concerns. In a

Published 18 Mar, 2012 12:00am

Bolivia to issue up to $500 million bonds

Bolivia plans to issue up to $500 million in global bonds in the first half of the year in the Andean country's first international debt sale in more than 90 years, Economy Minister Luis Arce said on Friday. Proceeds from the sale will go toward the $17 b

Published 18 Mar, 2012 12:00am

Bolivia to issue up to $500 million bonds

Published 18 Mar, 2012 12:00am

JGBs rise on bargain hunting

Japanese government bonds staged a rebound on Friday with futures bouncing back from an eight-month low while cash bonds drew support from bargain hunting as stocks paused after their recent surge. JGBs were also supported by the minutes of the Bank of Ja

Published 18 Mar, 2012 12:00am

JGBs rise on bargain hunting

Published 18 Mar, 2012 12:00am

ADR Report: foreign shares post best week in four

US-listed shares of foreign companies rose on Friday to close their best week in four, led by European stocks as their regional benchmark reached an eight-month high. The FTSEurofirst 300 index of top European shares rose for a fourth straight day to clos

Published 18 Mar, 2012 12:00am

Molybdenum applies for $600 million IPO

China Molybdenum Co, Ltd, the country's top miner of the metal, has applied for a share offering in Shanghai worth roughly $600 million to help it expand its processing facilities. China Molybdenum said it aimed to sell up to 542 million shares in Shangha

Published 18 Mar, 2012 12:00am

Waters still murky for US-listed Chinese IPOs

As the first Chinese company to tap the US stock market since last August, online discount sales site Vipshop faces a tough challenge - restoring confidence in a sector rocked by accounting scandals and slow growth. The company, which sells designer goods

Published 18 Mar, 2012 12:00am

Latam stocks edge up

Latin American stocks edged higher on Friday after weaker-than-expected US economic data undermined confidence that the outlook for the world's largest economy is improving. The MSCI Latin American stock index added 0.16 percent, gaining 0.44 percent for

Published 18 Mar, 2012 12:00am

Treasuries fall for eighth day on better economic outlook

US Treasuries prices fell for an eighth consecutive day on Friday and yields touched four-month highs as optimism the economic recovery was gaining momentum undermined the safe-haven allure of US government debt. Investors have been selling Treasuries and

Published 18 Mar, 2012 12:00am

Treasuries fall for eighth day on better economic outlook

Published 18 Mar, 2012 12:00am

Turkish shares up, lira down

The Turkish lira fell against a strong dollar on Friday, holding above recent lows after the central bank cut the size of its repo auctions and signalled it might narrow its interest rate corridor, which boosted bonds. Istanbul's main stock index was 1.04

Published 18 Mar, 2012 12:00am

TSX gains

Toronto's main stock index jumped on Friday as shares of Astral Media soared on news that BCE Inc will buy the media company for C$3 billion. The parent of Bell Canada said on Friday it has agreed to acquire Astral, its largest content provider, in a deal

Published 18 Mar, 2012 12:00am

India's unused bond limit auction to FIIs oversubscribed

India's auction of unused limits that allow foreign institutional investors (FIIs) to buy long-term government bonds and corporate bonds was oversubscribed, mirroring the global interest in picking up the current high bond yields on offer. The price inves

Published 18 Mar, 2012 12:00am

India's unused bond limit auction to FIIs oversubscribed

Published 18 Mar, 2012 12:00am

S&P 500 ends best week since December with quiet day

The S&P 500 closed out its best week in three months with a slim gain on Friday as investors continued to propel equities near four-year highs. Two slightly softer economic reports curbed broader gains, keeping both the Dow and the Nasdaq in modestly nega

Published 18 Mar, 2012 12:00am

Chavez back in Venezuela

Venezuela's Hugo Chavez flew home on Friday after cancer surgery in Cuba, vowing to conquer the illness and win an October presidential election despite the need for radiation treatment. "Who said the path was going to be easy?" said Chavez, 57, in an emo

Published 18 Mar, 2012 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 20	277.90
USD PKR Interbank Buying / Sep 20	277.70
USD to Japanese Yen / Sep 20	143.85
USD to Swiss Franc / Sep 20	0.85
Pound Sterling to USD / Sep 20	1.33
Euro to USD / Sep 20	1.12

Stock	Volume
S&P 500 / Sep 20	5,702.55
India Sensex / Sep 20	83,184.80
Tokyo Nikkei / Sep 20	37,723.91
Nasdaq / Sep 20	17,948.32
Hang Seng / Sep 20	18,258.57
FTSE 100 / Sep 20	8,229.99
Dow Jones / Sep 20	42,063.36
Germany DAX 30 / Sep 20	18,720.01

Item	Value
Crude Oil USD/Barrel / Sep 20	71.92
Gold Spot USD/Ounce / Sep 20	2,621.88
Cotton US¢/pound / Sep 20	73.52
Petrol/Litre / Sep 21	249.10
Karachi Cotton PKR/37.32 KG / Sep 21	18,935
Gold 10 Grams PKR / Sep 21	233,625

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 21 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 21 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 21 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 21 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 21 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 21 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 21 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 21 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 21 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 21 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 21 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 21 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 21 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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