News Archives for Print - 2012-08-19

Transit of military equipment to ANSF allowed

Pakistani government under the Memorandum of Understanding (MoU) signed between Pakistan and the US related to the restoration of Nato/Isaf supply on July 31, 2012 has allowed transit of military equipment to Afghan National Security Forces (ANSF), Bus

Published 19 Aug, 2012 12:00am

At least 18 killed in Yemen attack on intelligence Headquarters

Suspected Islamist militants killed at least 18 Yemeni soldiers and security guards, and injured seven others, in a grenade attack on the intelligence service headquarters in the southern port city of Aden on Saturday, the Defence Ministry said.
Published 19 Aug, 2012 12:00am

Eid in Gulf states today

The Eid al-Fitr is to start on Sunday (today) in Saudi Arabia, the kingdom's religious authorities announced. In a statement carried by Saudi media, they said the crescent moon which marks the new lunar month was not sighted on Friday night and that Satur
Published 19 Aug, 2012 12:00am

Syria denies Assad's deputy tried to defect

Syria denied reports on Saturday that President Bashar al-Assad's deputy had defected and his forces pursued an offensive against rebels, bombarding parts of Aleppo in the north and attacking an insurgent-held town in the oil-producing east. Vice-Presiden
Published 19 Aug, 2012 12:00am

Brahimi to become new Syria conflict envoy

Lakhdar Brahimi, a veteran diplomat troubleshooter, will take over from Kofi Annan as the international envoy on the Syria conflict, the United Nations said. UN leader Ban Ki-moon appealed to the divided international powers to give "strong, clear and uni
Published 19 Aug, 2012 12:00am

Three Eids as moon controversy deepens

Although it is not so rare to have more than one Eid, the country will be witnessing Eid on three different dates this year following a serious controversy over the sighting or otherwise of the Shawwal moon.
Published 19 Aug, 2012 12:00am

Prime Minister urges parties to identify unregistered voters

Prime Minister Raja Pervez Ashraf said on Saturday that the government is committed to hold free, fair and transparent elections and appealed to all political parties to identify unregistered voters. The Prime Minister said this in a meeting with National
Published 19 Aug, 2012 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (January to June 2012)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 19 Aug, 2012 12:00am

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (August 13 to August 17, 2012).

Published 19 Aug, 2012 12:00am

The Weather

The weather report on Saturday (August 18, 2012) and the forecast for Sunday (August 19, 2012).

Published 19 Aug, 2012 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

Yarn Prices
Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

Yarn Prices
Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates on Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

Grain market rates

Karachi grain market rates in rupees on Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

Karachi chemicals and dyes market rates

Chemicals and dyes market rates in rupees on Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (August 18, 2012).

Published 19 Aug, 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 (August 18, 2012).

Published 19 Aug, 2012 12:00am

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 18, 2012).

Published 19 Aug, 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 (August 18, 2012).

Published 19 Aug, 2012 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

THE RUPEE: minor change

Easier trend was seen on the currency market on Saturday in process of trading, dealers said. The rupee shed 10 paisa in relation to dollar for buying and selling at 94.60 and 94.80, they said. The rupee showed no variation against euro for buying and se
Published 19 Aug, 2012 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Saturday (August 18, 2012).

Published 19 Aug, 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 (August 18, 2012).

Published 19 Aug, 2012 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (August 18, 2012).

Published 19 Aug, 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 19 Aug, 2012 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (August 18, 2012).

Published 19 Aug, 2012 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 19 Aug, 2012 12:00am

Russia grain stocks at farms at lowest since 2006

Russia's grain farms started the 2012/13 marketing season with stocks at historically low levels due to strong demand, reflecting fears of a possible restriction on Russia's grain exports. "High level of sales by farmers indicates strong demand from buyer
Published 19 Aug, 2012 12:00am

Oil cake market rates

Easier trend was seen on the forward cottonseed oilcake market on Saturday in process of trading, dealers said. The December vaida that had closed at Rs 447.80 opened with 50 paisa fall at Rs 447.30 in process of trading, they said. The January contract w
Published 19 Aug, 2012 12:00am

Firm trend on cotton market ahead of Eid holidays

Steady trend was seen on the cotton market on Saturday in process of modest trading, dealers said. Official spot rate was unchanged at Rs 5800, they said. In the ready business about 5,000 bales of cotton changed hands between Rs 5825-5900, they said.
Published 19 Aug, 2012 12:00am

Algeria buys at least 350,000 tonnes of wheat

Algeria's state grains agency OAIC bought at least 350,000 tonnes of optional-origin milling wheat in a tender this week as the major importer took advantage of a pullback in prices, European traders said on Thursday. In the tender that closed on Tuesday,
Published 19 Aug, 2012 12:00am

China imports 2.1 million tonnes of South African coal

China's imports of South African thermal coal rose to 2.1 million tonnes in July, nearly 35 percent of total shipments of 6.3 million tonnes, exporters said. Despite widespread defaults by Chinese trading firms and end-users, China's coal imports have rem
Published 19 Aug, 2012 12:00am

European wheat futures rise

European wheat futures rose again on Thursday as importers took advantage of a price fall earlier in the week and operators anticipated tighter global wheat supply, with speculation continuing about limited Russian exports. In Europe, November milling whe
Published 19 Aug, 2012 12:00am

No big change in slow trade on grain market

Sluggish trading was seen on the wholesale grain market on Saturday in process of trading.
Published 19 Aug, 2012 12:00am

Canadian canola futures ease

ICE Canadian canola futures eased on Friday as funds liquidated their long positions in thin trading, and canola posted a weekly loss, traders said. Scant volumes due to lack of commercial hedges, with Saskatchewan harvest just getting underway, and a pau
Published 19 Aug, 2012 12:00am

Soyabean export premiums steady at US Gulf Coast

Soyabean export premiums at the US Gulf Coast were mostly steady on Friday in quiet end-of-week trade, with nearby values underpinned by tight supplies in the export pipeline, traders said. Few offers quoted for near-term soyabean shipments from the Gulf
Published 19 Aug, 2012 12:00am

Port Qasim's activities

A cargo volume of 88,323 tonnes comprising 74,538 tonnes of import cargo and 13,785 tonnes of export cargo inclusive 2,738 loaded & empty containers (TEUs) was handled at Port Qasim during last 24 hours on Saturday. The total import cargo of 74,538 tonnes
Published 19 Aug, 2012 12:00am

India's gold demand stays weak as prices rise

Demand for gold in India, the world's biggest consumer, stayed subdued on Friday after prices moved higher tracking a similar trend overseas and as poor monsoon rainfall slashed purchases in key southern markets. The most active gold for October delivery
Published 19 Aug, 2012 12:00am

Indian turmeric futures fall on profit taking

Turmeric futures fell on Friday on profit taking after prices rose 4 percent in the previous session, though a decline in sowing area and overseas sales were seen supporting prices at lower levels. Farmers slashed area under turmeric sowing this season af
Published 19 Aug, 2012 12:00am

Storms moisten Argentine wheat-growing areas

Storms over the last week in Argentina's northern wheat-growing areas have bolstered yield expectations as the world looks to Southern Hemisphere exporters to fill the supply gap caused by a US drought that recently pushed grain prices to new highs.
Published 19 Aug, 2012 12:00am

BHP warns of job cuts in coal as China cools

BHP Billiton said on Thursday that worsening market conditions could lead to job cuts at its Australian coal mines, as slowing industrial activity in China forces global miners to scale back operations. Global coal output is set to shrink over the next ye
Published 19 Aug, 2012 12:00am

Britain names 20 most wanted tax fugitives

Britain on Thursday launched a new crackdown against tax dodgers, publishing the names and pictures of the nation's top 20 most wanted tax fugitives for the first time. HM Revenue and Customs (HMRC) appealed to the public to help locate the 20 fugitives w
Published 19 Aug, 2012 12:00am

Asian buyers will have to replace Saab logo: Scania

Saab's new Asian owners will have to replace the iconic logo that adorns the Swedish-built autos after truck maker Scania said Thursday it would not cede the rights. Scania shares the image of the red griffon wearing a golden crown on a blue background wi
Published 19 Aug, 2012 12:00am

Facebook hits new low

Facebook Inc shares sank as much as 7.1 percent to a record low after early investors got the greenlight to sell for the first time since the No 1 social network went public, starting a string of insider lockup expirations expected to pressure the stock f
Published 19 Aug, 2012 12:00am

Earnings gloom clouds European equity outlook

A rally in European stocks has masked a gloomy second-quarter results season that has led analysts to cut earnings forecasts and could see share prices falter if anticipated central bank stimulus is not forthcoming. Fifty-one percent of European firms hav
Published 19 Aug, 2012 12:00am

Sri Lankan stocks rise

Sri Lankan stocks edge up on Friday led by the island nation's top lender, Commercial Bank of Ceylon, but concerns over the resignation of the head of the Securities and Exchange Commission trimmed trading volume. The Colombo Stock Exchange's main index r
Published 19 Aug, 2012 12:00am

Banks help keep TSX above 12,000

Canada's main stock index closed higher on Friday, capping a second straight week of gains a s banks and energy stocks pushed higher and political backing for European central bank action lent support. The rally suggested that steps toward a resolution of
Published 19 Aug, 2012 12:00am

Japanese government bonds rally

Japanese government bonds rallied on Friday as some investors covered short positions, knocking benchmark yields off a two-month high hit in the previous session. The 10-year yield tumbled 3 basis points to 0.830 percent, but was still poised to end the w
Published 19 Aug, 2012 12:00am

India's bond yields post weekly rise

Indian bond yields posted their biggest weekly rise for the week, following warnings on inflation from central bank officials and a rally in global crude prices. The benchmark 10-year bond yield closed down 2 basis points at 8.24 percent on the day, after
Published 19 Aug, 2012 12:00am

Spanish yields fall as September draws near

Short-dated Spanish and Italian bond prices rose on Friday with some traders wary of being caught on the wrong side of any fresh moves by policymakers to resolve the debt crisis once the European holiday season ends. German Chancellor Angela Merkel voiced
Published 19 Aug, 2012 12:00am

Latam stocks mixed, Bovespa hits resistance

Latin American markets mostly slipped on Friday as Brazil's benchmark index faced technical resistance despite encouraging economic data, while Mexico's bourse was weighed down by America Movil. Brazil's Bovespa stock index rose early in the session after
Published 19 Aug, 2012 12:00am

Treasuries outlook: yields slip as August price reductions draw buyers

Yields on US Treasuries debt edged down from three-month highs on Friday as price cuts and higher yields built in during the first half of August attracted some buyers. But yields remained near three-month highs as improved economic data has damped expect
Published 19 Aug, 2012 12:00am

S&P 500 up for sixth week; fear index hits five year low

The S&P 500 held near a four-year high on Friday, and the market's key gauge of anxiety sank to its lowest since 2007, suggesting a belief that the problems stressing investors might be closer to a resolution. The Nasdaq outperformed the broader market as
Published 19 Aug, 2012 12:00am

African currencies outlook: tourism inflows to buoy Kenya, Tanzania shillings

Kenya and Tanzania's shillings are set to benefit from dollar inflows from their tourism sectors as the safari season reaches its peak. In Ghana, the cedi is expected to strengthen next week ahead of a 5-year bond auction open to foreigners.
Published 19 Aug, 2012 12:00am

Speculators cut long US dollar bets to lowest since November 2011

Currency speculators further pared bets in favour of the US dollar in the latest week to the lowest since November 2011, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net long position fell t
Published 19 Aug, 2012 12:00am

Bullish bets on Asian forex down

Long positions in emerging Asian currencies fell in the last two weeks with bets on the Philippine peso more than halved, a Reuters poll showed, as the outlook for Asia's export driven economies became clouded by reduced expectations for more monetary sti
Published 19 Aug, 2012 12:00am

Latam forex gains slightly, stimulus eyed

Latin American currencies edged up on Friday as investors waited for clearer signs of how Europe will deal with its sovereign debt crisis. "The market is stagnant and trading volumes are very low. The world is waiting for September to see if Germany will
Published 19 Aug, 2012 12:00am

Euro rally wanes, dollar at five-week high versus yen

The euro lost ground against the US dollar and held even against the yen on Friday as investors curbed their recent enthusiasm for the single currency ahead of upcoming events that could test their appetite for risk. As trading volumes dried up heading in
Published 19 Aug, 2012 12:00am

Euribor rates plumb new lows on ECB rate cut hopes

Bank-to-bank lending rates sank to new all-time lows on Friday on expectations the European Central Bank will cut its interest rates as soon as next month, extending a downtrend that began with the ECB flooding markets with liquidity late last year.
Published 19 Aug, 2012 12:00am

European currencies ease

Central European currencies eased on Friday, ending the week on a down note in the wake of economic data highlighting the slack in the region's economies and pointing to possible central bank interest rate cuts ahead. Poland's zloty eased as figures showe
Published 19 Aug, 2012 12:00am

Canadian dollar in modest retreat after soft inflation data

The Canadian dollar pared back gains against the US dollar on Friday after the country's inflation data were weaker than expected in July, diminishing odds the Bank of Canada will hike interest rates anytime soon.
Published 19 Aug, 2012 12:00am

Metro AG fights for place in top share index: CFO

German retailer Metro AG is trying to convince investors of its value as it fights to stay in the German index of 30 leading companies, its chief financial officer told a German paper. Metro, the world's fourth largest retailer, is currently in danger of
Published 19 Aug, 2012 12:00am

Chinese businesses booming in Italy

Chinese businesses are booming in Italy, where their numbers rose 26 percent from 2008 to 2011, but they face criticism for harming local industry and violating workers' rights, a study said Saturday. At the end of 2011, Italy had 58,238 Chinese-owned bus
Published 19 Aug, 2012 12:00am

Another recession awaits the eurozone: poll

The eurozone will slip into recession and won't grow until 2013, according to the latest Reuters poll of economists who also don't expect any new aggressive policy response from the European Central Bank. The latest monthly survey results, released on Thu
Published 19 Aug, 2012 12:00am

Chance of Fed printing more money rises to 60 percent

Chances that the Federal Reserve will launch a third round of money printing have risen slightly over the past month to 60 percent, according to a Reuters poll that also showed economists lowering economic growth expectations for this year and next.
Published 19 Aug, 2012 12:00am

China's home prices rise in July, down on year

China's home prices rose 0.1 percent in July from June, a second month of modest uptick that raises the risk Beijing may seek to bolster a two-year campaign to curb housing inflation but which also weighs on the wider economy. Home prices fell 1.5 percent
Published 19 Aug, 2012 12:00am

Deutsche Bank in US laundering probe

US regulators are investigating claims Deutsche Bank and other global banks funnelled billions of dollars for Iran, Sudan and other sanctioned nations, The New York Times reported Saturday. The probe is still in its very early stages, law enforcement offi
Published 19 Aug, 2012 12:00am

No new aid programme for Greece: German finance minister

German Finance Minister Wolfgang Schaeuble said on Saturday that there were limits to the aid that could be granted to Greece and said the crisis-stricken country should not expect to be granted another programme. "It is not responsible to throw money int
Published 19 Aug, 2012 12:00am

Indian minister urges banks to increase lending for consumer durables

India's finance minister urged state-run banks to increase lending for consumer durables on Saturday, saying this would help boost the manufacturing sector which has been caught up in the slowdown of the economy. "Consumers must be encouraged to buy consu
Published 19 Aug, 2012 12:00am

Spain says there must be no limit set on ECB bond buying

The European Central Bank must take forceful and unlimited steps to buy sovereign debt to help Spain reduce its refinancing costs and eliminate doubts over the euro zone's future, Spain's economy minister said in comments published on Saturday. "There can
Published 19 Aug, 2012 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

Most Popular