News Archives for Print - 2012-05-16

Print - 2012-05-16

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (May 15, 2012).

Published 16 May, 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 Tuesday (May 15, 2012).

Published 16 May, 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 Tuesday (May 15, 2012).

Published 16 May, 2012 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (May 15, 2012).

Published 16 May, 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 16 May, 2012 12:00am

State Bank of Pakistan conversion rates

The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Tuesday (May 15, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover for d

Published 16 May, 2012 12:00am

Karachi interbank rates

Karachi interbank rates on Tuesday (May 15, 2012).

Published 16 May, 2012 12:00am

New York Cotton rates

The fluctuations observed during the day:

Published 16 May, 2012 12:00am

New York Cotton rates

The fluctuations observed during the day:

Published 16 May, 2012 12:00am

New York Cotton rates

The fluctuations observed during the day:

Published 16 May, 2012 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 16 May, 2012 12:00am

India's Bharti in money laundering probe

Indian authorities are investigating top mobile phone carrier Bharti Airtel under its money laundering and foreign exchange rules in what a company source said was a probe related to the grant of airwaves a decade ago. Bharti shares fell as much as 5.1 pe

Published 16 May, 2012 12:00am

Chinese, Indian airlines risk EU penalties for CO2 non-compliance

The European Union on Tuesday warned Chinese and Indian airlines that they risked "penalties" for defying the bloc's emission trading scheme by refusing to state how much carbon dioxide (CO2) they produced last year. India and China are among the nations

Published 16 May, 2012 12:00am

Grams prices turn higher on grain market

Grams prices tended higher on the wholesales grain market on Tuesday as buyers were busy in storing the commodity to meet the demand during approaching Ramazan, dealers said.

Published 16 May, 2012 12:00am

Bangladesh tea prices ease

Tea prices in Bangladesh eased slightly at the weekly auction on Tuesday due to rising supplies but almost all the quantity on offer was sold amid strong demand for good quality new-season varieties, brokers said. The average price of Bangladeshi tea inch

Published 16 May, 2012 12:00am

Canadian canola futures fall

ICE Canadian canola futures fell to a seven-week low on Monday, spurred by sharp weakness in oilseed cousin soyabeans, and a broad selloff in commodities and equities over uncertainty in Greece, traders said. Technical selling added to canola's plunge, an

Published 16 May, 2012 12:00am

Vietnamese coffee prices highest in seven months

Vietnamese coffee prices hit 41.6 million dong ($1,996) a tonne on Tuesday, the highest in nearly seven months, but farmers were slowing sales due to thin stocks and in hopes of further price gains, despite forecasts of another big harvest, traders said.

Published 16 May, 2012 12:00am

Soyabean prices to remain well supported: Oil World

The sharp fall in soyabean prices in recent days is premature and tight supply fundamentals are likely to keep prices well supported in coming months, Hamburg-based oilseeds analysts Oil World said on Tuesday. "We see only limited downward potential for s

Published 16 May, 2012 12:00am

Ivorian cocoa prices rise on quality

Farmgate cocoa prices in Ivory Coast's main growing regions rose last week, supported by improved quality of beans and firm demand from buyers for export and local grinding, farmers and buyers said on Tuesday. The mid-crop in the world's top cocoa produce

Published 16 May, 2012 12:00am

Activity at Karachi and Qaim ports

The Karachi Port handled 95,453 tonnes of cargo comprising 41,605 tonnes of import cargo and 53,848 tonnes of export cargo including 4,461 loaded & empty containers during last 24 hours ended at 0700 hours on Tuesday. The total import cargo of 41,605 tonn

Published 16 May, 2012 12:00am

HRW wheat bids steady to weaker

Spot basis bids for hard red winter wheat were mostly steady to weaker in the Southern Plains on Tuesday with harvest rolling northward. Though the new crop was largely in good shape there were concerns in some areas that more moisture was needed.

Published 16 May, 2012 12:00am

Oil cake market rates

The May vaida was down and the July vaida showed no change in its last levels on the forward cottonseed oilcake market on Tuesday in proceess of trading, dealers said. The May vaida that had closed at Rs 788.00 commenced with 50 paisa loss at Rs 787.50. T

Published 16 May, 2012 12:00am

Prices firm amid modest activity on cotton market

A few deals were reported on the cotton market on Tuesday as phutti arrivals are almost near to end, dealers said. Official spot rate was unchanged at Rs 6,000, they added. In ready business, nearly 3,000 bales of cotton changed hands between Rs 5000-6200

Published 16 May, 2012 12:00am

India's former telecom minister bailed in graft case

India's former telecoms minister A. Raja, who faces trial over a massive corruption case involving mobile telephone licences, was granted bail Tuesday after 15 months in prison. Raja was arrested in February 2011 for allegedly conspiring with officials an

Published 16 May, 2012 12:00am

Trade drag on UK economy despite exports bounce

Britain's economy was dragged down by net trade in the first quarter of 2012 despite a rebound in sales to non-EU countries in March, data showed on Tuesday. While the rise in demand from countries such as the United States and China kept hopes alive that

Published 16 May, 2012 12:00am

Saudi Arabia to blacklist uncommitted job-seekers

Saudi Arabia will blacklist job candidates who miss interviews or training, as part of efforts to get more Saudi nationals working for private companies, the al-Eqtisadiah newspaper reported on Tuesday. The move is designed to assuage concerns by companie

Published 16 May, 2012 12:00am

Coty withdraws $10.7 billion takeover bid for Avon

Coty Inc said on Monday it is withdrawing its $10.7 billion takeover bid for Avon Products Inc, saying the world's largest cosmetics direct seller had missed its deadline to start talks. Coty had first made a public offer for Avon in April, but later told

Published 16 May, 2012 12:00am

Germany saves eurozone from recession, split deepens

Germany pulled the eurozone's economy back from the brink of recession at the start of 2012 but stagnation in France and contraction in southern Europe underlined sharply differing fortunes in a bloc labouring under the effects of austerity. Overall gross

Published 16 May, 2012 12:00am

China's FDI inflows at $37.9 billion

China's foreign direct investment inflows dropped 2.4 percent in the first four months of 2012 versus last year, the longest period of declining inflows since the depths of the global financial crisis and a sign of external economic headwinds. The Commerc

Published 16 May, 2012 12:00am

Facebook hikes IPO range to raise $12 billion

Facebook Inc has increased the price range in Silicon Valley's biggest-ever initial public offering to raise more than $12 billion, giving the No 1 social network a valuation potentially exceeding $100 billion. The company founded in a Harvard dorm room b

Published 16 May, 2012 12:00am

Facebook hikes IPO range to raise $12 billion

Published 16 May, 2012 12:00am

Retail sales up

Sales at US retailers barely rose in April as the boost from an unseasonably warm winter faded, pointing to some loss of momentum in consumer spending early in the second quarter. However, details of the Commerce Department report indicated underlying fir

Published 16 May, 2012 12:00am

Foreigners boost buys of long-term US securities

Foreigners increased purchases of long-dated US securities, including government bonds, in March, the US Treasury said on Tuesday, but lightened up on short-term assets such as bills. Overseas investors bought a net $36.19 billion in long-term assets in M

Published 16 May, 2012 12:00am

Foreigners boost buys of long-term US securities

Published 16 May, 2012 12:00am

FBI launches J.P Morgan probe, shareholders back Dimon

The FBI has opened a probe into trading losses at J.P. Morgan Chase & Co, stepping up the pressure on the bank after the US Securities and Exchange Commission and the Federal Reserve said they were also looking into the wrong-way bets that led to the loss

Published 16 May, 2012 12:00am

European Union breaks deadlock on bank rules

EU finance ministers agreed on tougher capital rules for banks on Tuesday, resolving years of sparring between Britain and the rest of the European Union over how best to craft measures to prevent another financial crisis. Acknowledging the depth of the r

Published 16 May, 2012 12:00am

Indian shares spring back

Indian shares snapped five days of falls to gain as Larsen & Toubro surged after positive results, while an improvement in global risk sentiment and the central bank's intervention in currency markets helped provide some stability. The main BSE index has

Published 16 May, 2012 12:00am

Southeast Asian markets: late buying lifts Singapore, Thailand

Stocks in Singapore and Thailand pushed higher on Tuesday, with beaten down commodities-related shares rebounding, as strong growth in Germany spurred late buying and eased worries over the political turmoil in Greece and the euro debt problems.

Published 16 May, 2012 12:00am

Nikkei at 3-1/2 months low

Japan's Nikkei share average fell to a 3-1/2 month closing low on Tuesday, weighed down by exporters with exposure to Europe after Greece struggled to form a coalition government, increasing fears that it may have to leave the euro zone. The Nikkei closed

Published 16 May, 2012 12:00am

Tuesday's early afternoon trade: consumer shares lift Wall Street

Consumer shares led a modest rebound on Wall Street on Tuesday, after the S&P 500 fell for four of the past five sessions, but gains were capped as investors kept an eye on the political impasse in Greece. Quarterly results helped boost the S&P consumer d

Published 16 May, 2012 12:00am

US stocks fall

US stocks fell on Monday as investors dealt with the one-two punch of worsening political upheaval in the eurozone and the possibility that China's economy may be softening more than previously thought. The S&P 500 finished lower for the fourth day of fiv

Published 16 May, 2012 12:00am

Taiwan stocks up

Taiwan stocks reversed early losses to end 0.25 percent higher on Tuesday, outperforming regional peers, boosted by a 3.5 percent rise in smartphone maker HTC Corp and solid gains for oil and gas stocks. Contract electronics maker Hon Hai fell 1.7 percent

Published 16 May, 2012 12:00am

Treasuries move higher

US Treasury prices rose on Monday, pushing yields to the lowest since early October as political turmoil in Greece, an anti-austerity vote in Germany and concern of slower growth in China drove a bid for safety. Uncertainty over the impact of a potential

Published 16 May, 2012 12:00am

Treasuries move higher

Published 16 May, 2012 12:00am

Egypt's bourse falls ahead of elections

Egypt's bourse extended declines on Tuesday as investors cut risk ahead of a presidential election that is unlikely to clear up an uncertain economic outlook, while Saudi shares recovered from a 13-week low on bargain-hunting. Egypt's main index fell 1.1

Published 16 May, 2012 12:00am

Hong Kong shares snap losing streak; China's index weakens

Hong Kong shares ended an eight-day losing streak as solid German economic data added to strength in large caps such as Tencent Holdings and oil refiners that earlier on Tuesday pulled the benchmark index into positive territory. Signs that the Hang Seng

Published 16 May, 2012 12:00am

European shares fall to 2012 low on Greek grief

European shares fell to their lowest closing level since the start of 2012 after attempts to form a Greek government collapsed, hitting heavyweight financial stocks, and traders said markets could slump further in the coming days. The pan-European FTSEuro

Published 16 May, 2012 12:00am

Seoul shares down

Seoul shares closed down for a fifth straight session on Tuesday, drifting below the closely-watched 1,900 point threshold on heightened concerns about Greece's possible exit from the euro zone, but pared losses in late trade on technical support. The Kor

Published 16 May, 2012 12:00am

Australian shares tumble

Australian shares fell 0.7 percent on Tuesday to their lowest close in more than a month as the political stalemate in Greece and worries about slower global growth hammered commodity prices and dragged down miners. Top materials and energy firms led loss

Published 16 May, 2012 12:00am

Miners drag FTSE lower

Britain's top shares extended losses on Tuesday, led by the mining sector as the cloud looming over the euro zone darkened after Greek politicians failed to form a government, denting sentiment and the outlook for global growth. London's bluechip index fe

Published 16 May, 2012 12:00am

Pound rises to 3-1/2 year high

Sterling rose to a 3-1/2 year high against the euro on Tuesday on worries about political instability in Greece, though investors were also wary of downbeat forecasts in the Bank of England's pending inflation report, checking its gains. Investors have be

Published 16 May, 2012 12:00am

Euro dips in Asia

The euro slipped to a four-month low against the dollar on Tuesday as a political stalemate in Greece stoked fear the country may renege on bailout pledges made to international creditors and exit the currency bloc. Concerns about slowing Chinese and glob

Published 16 May, 2012 12:00am

Euro makes fragile gains in London

The euro held above a four-month low on Tuesday after German economic growth beat expectations, although gains could prove fleeting as the political stalemate in Greece stoked concerns Athens may renege on bailout pledges and exit the currency bloc. Germa

Published 16 May, 2012 12:00am

Early trade in New York: Euro slumps to fresh four-month low

The euro slid to a fresh four-month low against the dollar on Tuesday after a spokesman for the Greek president said the country will hold new elections after political leaders failed to reach agreement on a coalition government. In a sign of a swift rise

Published 16 May, 2012 12:00am

Euro drops in New York

The euro fell to a nearly four-month low against the dollar on Monday on fears Greece could exit the euro and worries that weak industrial data signalled that Europe was heading for recession. Concerns about slowing Chinese and global growth also drove do

Published 16 May, 2012 12:00am

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 81.70-81.80 (previous 81.65-81.76). Call Money Rates: 8.75-15.00 percent (previous 8.50-15.00 percent).

Published 16 May, 2012 12:00am

Swiss franc up

The Swiss franc tracked the euro higher against the dollar on Tuesday, both bouncing off fresh four-month lows notched up earlier in the session as swelling talk of Greece leaving the euro zone kept the pressure on the single currency. The franc rose 0.2

Published 16 May, 2012 12:00am

Short-covering lifts Asia forex

The Indian rupee rose on central bank buying, leading a rebound among emerging Asian currencies on Tuesday as investors covered short positions on strong German growth data and expectations regional authorities could intervene to support their units.

Published 16 May, 2012 12:00am

Yuan slightly up

The yuan closed slightly higher against the dollar on Tuesday as the dollar index showed signs of stabilising after its recent rally, pushing the Chinese currency off its intraday low. The euro-dominated dollar index touched a four-month high in early Asi

Published 16 May, 2012 12:00am

RBI's 'massive' intervention sparks rupee gains

The Indian rupee strengthened on Tuesday from a near record low against the dollar after the central bank stepped in with what various dealers described as "massive" intervention, signalling an intent to defend the beleaguered domestic currency. Some deal

Published 16 May, 2012 12:00am

London Olympics: UK civil servants allowed to work from home

Britain's government on Tuesday defended plans to let civil servants work from home during the London Olympics, insisting staff will not use it as an opportunity to shirk their normal duties. From July 21 - six days before the opening ceremony - until the

Published 16 May, 2012 12:00am

Suspicious betting on French match to be probed

An inquiry has been opened into suspicious betting patterns concerning a match between Lens and Istres in France's second division last week, a judicial source told AFP on Tuesday. Lens won the match on Friday 1-0, thereby securing their status in Ligue 2

Published 16 May, 2012 12:00am

Sports competition held

Inter School Sports Competition was held at Al-Shifa Trust, Karachi in collaboration with Special Olympics Pakistan for the special children. Apart from the students of Al-Shifa Trust, special children from other schools and NGOs also participated.

Published 16 May, 2012 12:00am

We invest in youth, City pay silly money: Ferguson

Manchester United manager Sir Alex Ferguson said on Monday he wasn't concerned by rivals and newly-crowned Premier League champions Manchester City's ability to out bid them in the transfer market. United lost out on successfully defending their title sol

Published 16 May, 2012 12:00am

Sharapova, Kvitova advance in windy Rome

Past and present Wimbledon winners Maria Sharapova and Czech Petra Kvitova made straight-set moves into the third round of the Rome Masters on Tuesday, with the Russian second seed made to work hard. Defending Rome champion Sharapova, who won her Wimbledo

Published 16 May, 2012 12:00am

Umpire Bird honoured at Buckingham Palace

English umpiring great Harold "Dickie" Bird was presented with an honour at Buckingham Palace on Tuesday in recognition of his outstanding sporting career and charity work. The 79-year-old was made an officer of the Order of the British Empire (OBE), rece

Published 16 May, 2012 12:00am

Poles play down Russian hooligan fears

Polish authorities on Tuesday played down fears of trouble when the Euro 2012 host nation meets Russia next month in what looks set to be the most politically charged match of the tournament. Interior Minister Jacek Cichocki said that Polish police were w

Published 16 May, 2012 12:00am

Di Matteo hoping to avoid worst-case scenario in Munich

Chelsea's caretaker manager Roberto Di Matteo is hoping to avoid what he described on Tuesday as the "worst-case scenario" with reserves and youngsters on the bench for the Champions League final against Bayern Munich on Saturday.

Published 16 May, 2012 12:00am

David set for tussle with history maker Maria Toor

World number one Nicol David will have a surprising first round opponent when she begins her campaign to win back the British Open title here on Tuesday. The legendary Malaysian will take on Maria Toor Pakay who became the first Pakistan-born woman ever t

Published 16 May, 2012 12:00am

Mushtaq Ahmed unlikely to be new bowling coach

Former Pakistan Test leg-spinner, Mushtaq Ahmed is unlikely to get a green signal from the Pakistan Cricket Board (PCB) for appointment as the new bowling coach of the national cricket team. Mushtaq, who has been working with the England team as spin bowl

Published 16 May, 2012 12:00am

Prior wary of West Indies threat

Matt Prior has insisted there is no way England will take the West Indies lightly when the teams meet for the first of a three-Test series at Lord's here on Thursday. England are top of the International Cricket Council (ICC) Test rankings, while the West

Published 16 May, 2012 12:00am

Pakistan cricket camp for Sri Lanka tour begins

As a part of preparations of Pakistan's ODI, Twenty20 and Test squads for the tour of Sri Lanka, a training camp to be started from Wednesday (today) under supervision of Coach Dev Whatmore. On Tuesday, members of Pakistani squad for three formats of the

Published 16 May, 2012 12:00am

Over 55 and jobless, Americans face tough hunt

Jean Coyle, 67, has a new kind of ministry.

Published 16 May, 2012 12:00am

Nepal finalises national unity government

Nepal completed the formation of a national unity government on Tuesday to agree a long-delayed new constitution, the deputy prime minister said. The cross-party executive replaces the Maoist-led cabinet which resigned earlier this month after striking a

Published 16 May, 2012 12:00am

EU helicopters strike Somali pirate base on land

European helicopter gunships attacked a pirate base on the Somali coast on Tuesday, destroying five speedboats, in the first such airborne strike on land by the anti-piracy force. The Somali-based pirates responded by threatening to kill crew being held o

Published 16 May, 2012 12:00am

UN nuclear watchdog and Iran agree to talk more

The United Nations' nuclear watchdog and Iran will meet again next week after a "good exchange of views" during two days of talks on the Islamic state's atomic programme, a senior UN official said on Tuesday. The head of the Iranian delegation said progre

Published 16 May, 2012 12:00am

Low-level clashes as Palestinians mark Nakba Day

Israeli forces faced off with Palestinian stone-throwers in the West Bank on Tuesday during the annual Nakba Day protests over the "catastrophe" that befell the Palestinians in 1948. At Beitunia checkpoint near Ramallah, youths hurled stones at troops, wh

Published 16 May, 2012 12:00am

Iran hangs 'Mossad agent' for scientist killing

Iran has hanged a man it said was an agent for Israeli intelligence agency Mossad whom it convicted of killing one of its nuclear scientists in 2010, Iranian state media reported on Tuesday. Tehran has accused Israel and the United States of assassinating

Published 16 May, 2012 12:00am

North Korea stops jamming South's GPS

North Korea has stopped transmitting signals which jammed the GPS systems of hundreds of civilian aircraft and ships in South Korea for two weeks, officials said Tuesday. The state Korea Communications Commission said the signals designed to jam global po

Published 16 May, 2012 12:00am

Former Murdoch editor Brooks charged

Rebekah Brooks, a close confidante of Rupert Murdoch, was charged on Tuesday with interfering with a police investigation into a phone hacking scandal that has rocked the tycoon's empire and sent shockwaves through the British political establishment. Bro

Published 16 May, 2012 12:00am

Ukraine high court postpones Tymoshenko appeal

Ukraine's high court Tuesday postponed the appeal of ex-prime minister Yulia Tymoshenko against her seven year jail sentence until well after the Euro football gets underway, to the fury of her defence. The Kiev court, Ukraine's highest judicial instance,

Published 16 May, 2012 12:00am

China summons UK ambassador over Dalai Lama meeting with Cameron

China's Vice Foreign Minister Song Tao summoned the British ambassador in Beijing on Tuesday to protest British Prime Minister David Cameron's meeting with the Dalai Lama, saying the meeting "seriously interfered" with China's internal affairs.

Published 16 May, 2012 12:00am

Syrian attack kills 21; rebels hold UN monitors

At least 21 people were killed on Tuesday in an attack in northern Syria, activists said, and members of a team of UN monitors caught in the battle said they were left in rebel hands. Reuters asked one of the four monitors by phone if they were being held

Published 16 May, 2012 12:00am

Brent crude to stay well supported on rising demand

Tight global oil supply outside the United States and healthy demand, particularly in Asia ahead of summer, will help keep Brent crude prices well supported, a senior trading executive at Southeast Asia's biggest bank said. Prices have surged more than 17

Published 16 May, 2012 12:00am

Shanghai copper drops

The most-traded August copper contract on the Shanghai Futures Exchange dropped 0.6 percent to close at 55,950 yuan ($8,900) a tonne on Tuesday. Copper struggled to head higher, even after losing more than 3 percent between Friday and Monday, with the pol

Published 16 May, 2012 12:00am

Copper at four-month low

Copper hit a four-month low on Tuesday, shrugging off upbeat German growth data, as other EU economies contracted, the euro fell and concerns over slower growth in China and a political stalemate in Greece kept prices in check. Benchmark copper on the Lon

Published 16 May, 2012 12:00am

Brent rise boosts premium to slumping US crude

Brent oil edged higher on Tuesday, snapping three days of declines and pushing its premium to slumping US crude back above $18 a barrel, as supportive German economic growth helped counter political turmoil in Greece. Anticipation that inventory reports w

Published 16 May, 2012 12:00am

Tokyo rubber falls

Tokyo rubber futures fell to a new four-month low on Tuesday as investors turned risk averse after a political impasse in Greece fanned the chance of a further rise in the yen currency and fed concerns about faltering demand for the industrial commodity.

Published 16 May, 2012 12:00am

Rotterdam vegetable oil prices

Tuesday's Rotterdam vegetable oil prices at 1600 GMT.

Published 16 May, 2012 12:00am

Rotterdam vegetable oil prices

Tuesday's Rotterdam vegetable oil prices at 1600 GMT.

Published 16 May, 2012 12:00am

Soyabeans drop

US soyabean futures fell to a six-week low on Monday as funds liquidated some of their record-large long positions as worries about Europe's shaky economy sparked a broad selloff of riskier assets. Chicago corn and wheat rose slightly after two weeks of l

Published 16 May, 2012 12:00am

Palm oil rebounds

Malaysian palm oil futures rebounded on Tuesday, supported by bargain hunting after prices fell to a three-month low in the previous session, although concerns remained that demand could be hit if Greece exits the eurozone. Buying interest picked up as so

Published 16 May, 2012 12:00am

Sugar down, coffee up

ICE sugar futures consolidated above a 20-month low on Tuesday after climbing up from strong support, while Liffe robusta coffee rose for a seventh straight day to its highest level in eight months on strong demand. Arabica coffee also gained, in line wit

Published 16 May, 2012 12:00am

Gold slips in New York

Gold prices fell to a 4-1/2-month low on Monday, as the dollar strengthened and investors liquidated risky assets after political deadlock in Greece fed worries that the country could default, worsening the euro zone debt crisis. Spot gold hit a session l

Published 16 May, 2012 12:00am

Gold drops in Asia

Gold dropped to its lowest since late December as the euro sank against the US dollar on worries that a worsening debt crisis in Greece could spill over into its neighbours and threaten the existence of the single currency. Gold was down $3.80 an ounce at

Published 16 May, 2012 12:00am

Gold touches 4-1/2 months low in Europe

Gold eased below $1,560 an ounce on Tuesday after the failure of Greek politicians to form a government sent the single European currency to four-month lows and unnerved investors over the profitability of holding euro-denominated assets.

Published 16 May, 2012 12:00am

US MIDDAY: wheat climbs

US wheat prices rose nearly 3 percent on Tuesday as selling pressure eased due to concerns about dryness for the maturing winter wheat crop, and soybeans bounced after dropping to a six-week low in the previous session. Corn also gained, following strengt

Published 16 May, 2012 12:00am

US MIDDAY: copper sinks

In New York, the July COMEX contract shed 3.65 cents or 1 percent to settle at $3.5175 per lb, after dealing from a four-month trough at $3.5005 to $3.5585. A day after COMEX copper posted its sharpest one-day decline in a month, trading volumes were ligh

Published 16 May, 2012 12:00am

US MIDDAY: gold falls

Gold fell early on Tuesday after the failure of Greek politicians to form a government sent the single European currency to four-month lows and unnerved investors over the profitability of holding euro-denominated assets. In the precious metals market, sp

Published 16 May, 2012 12:00am

'IOSCO regulates world's securities, future markets'

The International Organisation of Securities Commissions (IOSCO) is an association of organisations that regulate the world's securities and futures markets. Members are typically the Securities Commission or the main financial regulator from each country

Published 16 May, 2012 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 29	278.13
USD PKR Interbank Buying / Nov 29	278.03
USD to Japanese Yen / Nov 29	150.14
USD to Swiss Franc / Nov 29	0.88
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.06

Stock	Volume
S&P 500 / Nov 28	5,998.74
Nasdaq / Nov 28	19,060.48
Dow Jones / Nov 28	44,722.06
India Sensex / Nov 29	19,338.14
Tokyo Nikkei / Nov 29	38,198.52
Hang Seng / Nov 29	79,714.50
FTSE 100 / Nov 29	8,273.90
Germany DAX 30 / Nov 29	19,432.28

Item	Value
Gold 10 Grams PKR / Nov 28	241,602.20
Crude Oil USD/Barrel / Nov 29	69.08
Karachi Cotton PKR/37.32 KG / Nov 29	17,685
Gold Spot USD/Ounce / Nov 29	2,666.09
Cotton US¢/pound / Nov 29	71.75
Petrol/Litre / Nov 30	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 30 786 Investments Limited(786)	6.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 30 Al-Abbas Sugar Mills Limited(AABS)	619.90 ▼ 0.00 (0.00%)
Agro Allianz / Nov 30 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 30 Ali Asghar Textile Mills Limited(AATM)	70 ▼ 0.00 (0.00%)
Allied Bank / Nov 30 Allied Bank Limited(ABL)	139.74 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 30 Abbott Laboratories (Pakistan) Limited(ABOT)	1,021.33 ▼ 0.00 (0.00%)
Abson Ind. / Nov 30 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 30 Alfalah Consumer Index ETF.(ACIETF)	12.66 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 30 786 Investments Limited(786)	6.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 30 Al-Abbas Sugar Mills Limited(AABS)	619.90 ▲ 0.00 (0.00%)
Agro Allianz / Nov 30 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 30 Ali Asghar Textile Mills Limited(AATM)	70 ▲ 0.00 (0.00%)
Allied Bank / Nov 30 Allied Bank Limited(ABL)	139.74 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 30 Abbott Laboratories (Pakistan) Limited(ABOT)	1,021.33 ▲ 0.00 (0.00%)
Abson Ind. / Nov 30 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 30 Alfalah Consumer Index ETF.(ACIETF)	12.66 ▲ 0.00 (0.00%)

Stock	Volume
B.O.Punjab / Nov 30 The Bank of Punjab(BOP)	179,225,089 ▲ 0.00
K-Electric Ltd. / Nov 30 K-Electric Limited(KEL)	64,868,271 ▲ 0.00
Bank Makramah / Nov 30 Bank Makramah Limited(BML)	60,297,878 ▲ 0.00
Pace (Pak) Ltd. / Nov 30 Pace (Pakistan) Limited(PACE)	55,350,909 ▲ 0.00
Hascol Petrol / Nov 30 Hascol Petroleum Limited(HASCOL)	42,730,290 ▲ 0.00
Fauji Foods Ltd / Nov 30 Fauji Foods Limited(FFL)	38,903,524 ▲ 0.00
Sui South Gas / Nov 30 Sui Southern Gas Company Limited(SSGC)	36,014,321 ▲ 0.00
Cnergyico PK / Nov 30 Cnergyico PK Limited(CNERGY)	33,477,996 ▲ 0.00
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	31,208,624 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular