News Archives for Print - 2012-10-04

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

Bidding for 3G licences: National Assembly panel for not allowing defaulter cellular companies

The National Assembly Standing Committee on Information Technology (IT) on Wednesday directed the authorities concerned that defaulter cellular companies should be barred from taking part in 3G bidding process. The committee met with Mohammad Barjees Tahi

Published 04 Oct, 2012 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

Malik denies possessing list: PML-Q MNA's membership suspended

Supreme Court on Wednesday suspended membership of PML-Q MNA Shehnaz Sheikh for holding dual nationality. However, the apex court gave an opportunity to Ghulam Mujtaba Rai, an MNA of PPP, to inform the court why action should not be taken against him for

Published 04 Oct, 2012 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

Malik denies possessing list: PML-Q MNA's membership suspended

Supreme Court on Wednesday suspended membership of PML-Q MNA Shehnaz Sheikh for holding dual nationality. However, the apex court gave an opportunity to Ghulam Mujtaba Rai, an MNA of PPP, to inform the court why action should not be taken against him for

Published 04 Oct, 2012 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

ADB enhances Pakistan''''s growth forecast to 3.7 percent

The Asian Development Bank (ADB) has enhanced Pakistan''''s growth forecast for the year 2012 to 3.7 from 3.6 percent projected earlier. For Asia, the bank has scaled back 2012 and 2013 growth forecasts, saying that after years of rapid growth, the region

Published 04 Oct, 2012 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

ADB enhances Pakistan''s growth forecast to 3.7 percent

The Asian Development Bank (ADB) has enhanced Pakistan''s growth forecast for the year 2012 to 3.7 from 3.6 percent projected earlier. For Asia, the bank has scaled back 2012 and 2013 growth forecasts, saying that after years of rapid growth, the region m

Published 04 Oct, 2012 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

ADB enhances Pakistan's growth forecast to 3.7 percent

The Asian Development Bank (ADB) has enhanced Pakistan's growth forecast for the year 2012 to 3.7 from 3.6 percent projected earlier. For Asia, the bank has scaled back 2012 and 2013 growth forecasts, saying that after years of rapid growth, the region mu

Published 04 Oct, 2012 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

ADB enhances Pakistan's growth forecast to 3.7 percent

The Asian Development Bank (ADB) has enhanced Pakistan's growth forecast for the year 2012 to 3.7 from 3.6 percent projected earlier. For Asia, the bank has scaled back 2012 and 2013 growth forecasts, saying that after years of rapid growth, the region mu

Published 04 Oct, 2012 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

IMF sees 3.2 percent growth for fiscal year 2013

The International Monetary Fund has projected 3.2 percent GDP growth of Pakistan for the current fiscal year, lower by one percent than 4.2 percent target set by the government, it is learnt. Sources told Business Recorder the IMF delegation was of

Published 04 Oct, 2012 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

IMF sees 3.2 percent growth for fiscal year 2013

The International Monetary Fund has projected 3.2 percent GDP growth of Pakistan for the current fiscal year, lower by one percent than 4.2 percent target set by the government, it is learnt. Sources told Business Recorder the IMF delegation was of

Published 04 Oct, 2012 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

IMF sees 3.2 percent growth for fiscal year 2013

The International Monetary Fund has projected 3.2 percent GDP growth of Pakistan for the current fiscal year, lower by one percent than 4.2 percent target set by the government, it is learnt. Sources told Business Recorder the IMF delegation was of

Published 04 Oct, 2012 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

IMF sees 3.2 percent growth for fiscal year 2013

The International Monetary Fund has projected 3.2 percent GDP growth of Pakistan for the current fiscal year, lower by one percent than 4.2 percent target set by the government, it is learnt. Sources told Business Recorder the IMF delegation was of

Published 04 Oct, 2012 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

NRO case: PPP devises Plan-B to avoid Raja's disqualification

Pakistan People's Party has wisely devised Plan-B to avoid disqualification of Prime Minister Raja Pervez Ashraf in the NRO implementation case, sources close to PPP revealed to Business Recorder. Plan B, they maintain, is different from the earlie

Published 04 Oct, 2012 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

NRO case: PPP devises Plan-B to avoid Raja's disqualification

Pakistan People's Party has wisely devised Plan-B to avoid disqualification of Prime Minister Raja Pervez Ashraf in the NRO implementation case, sources close to PPP revealed to Business Recorder. Plan B, they maintain, is different from the earlie

Published 04 Oct, 2012 12:00am

US treasuries bid yields

US treasuries bid yields on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

Currency plunges: Iranian police clash with protesters

Riot police clashed with demonstrators and arrested money changers in Tehran on Wednesday in disturbances over the collapse of the Iranian currency, which has lost 40 percent of its value against the dollar in a week, witnesses said. Police fired tear gas

Published 04 Oct, 2012 12:00am

US treasuries bid yields

US treasuries bid yields on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

Currency plunges: Iranian police clash with protesters

Riot police clashed with demonstrators and arrested money changers in Tehran on Wednesday in disturbances over the collapse of the Iranian currency, which has lost 40 percent of its value against the dollar in a week, witnesses said. Police fired tear gas

Published 04 Oct, 2012 12:00am

US treasuries bid yields

US treasuries bid yields on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

Currency plunges: Iranian police clash with protesters

Riot police clashed with demonstrators and arrested money changers in Tehran on Wednesday in disturbances over the collapse of the Iranian currency, which has lost 40 percent of its value against the dollar in a week, witnesses said. Police fired tear gas

Published 04 Oct, 2012 12:00am

US treasuries bid prices

US treasuries bid prices on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

ECC allows export of 200,000 metric tons of sugar

The Economic Co-ordination Committee (ECC) of the Cabinet allowed to export 200,000 metric tons of sugar and approved renewal of Rs 2 billion government guarantee for Pakistan Steel Mills (PSM). A summary was moved by the Ministry of Commerce to the ECC d

Published 04 Oct, 2012 12:00am

US treasuries bid prices

US treasuries bid prices on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

ECC allows export of 200,000 metric tons of sugar

The Economic Co-ordination Committee (ECC) of the Cabinet allowed to export 200,000 metric tons of sugar and approved renewal of Rs 2 billion government guarantee for Pakistan Steel Mills (PSM). A summary was moved by the Ministry of Commerce to the ECC d

Published 04 Oct, 2012 12:00am

US treasuries bid prices

US treasuries bid prices on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

ECC allows export of 200,000 metric tons of sugar

The Economic Co-ordination Committee (ECC) of the Cabinet allowed to export 200,000 metric tons of sugar and approved renewal of Rs 2 billion government guarantee for Pakistan Steel Mills (PSM). A summary was moved by the Ministry of Commerce to the ECC d

Published 04 Oct, 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 04 Oct, 2012 12:00am

Balochistan issue: Army backs political process: ISPR

Before his departure for Russia, Army Chief General Kayani with reference to Balochistan said, "Army fully supports any political process, as long as it is within the Constitution of Pakistan" said an ISPR statement. Meanwhile, Prime Minister Raja Pervez

Published 04 Oct, 2012 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

Balochistan issue: Army backs political process: ISPR

Before his departure for Russia, Army Chief General Kayani with reference to Balochistan said, "Army fully supports any political process, as long as it is within the Constitution of Pakistan" said an ISPR statement. Meanwhile, Prime Minister Raja Pervez

Published 04 Oct, 2012 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

Putin's Presidency - II

Rarely will any Russia watcher dispute the fact that whatever the West has said about Josef Stalin or Stalinism, Dmitry Medvedev falls for it hook, line and sinker. How does Vladimir Putin look at one of the 'most ruthless dictators' of modern times? The

Published 04 Oct, 2012 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

Putin's Presidency - II

Rarely will any Russia watcher dispute the fact that whatever the West has said about Josef Stalin or Stalinism, Dmitry Medvedev falls for it hook, line and sinker. How does Vladimir Putin look at one of the 'most ruthless dictators' of modern times? The

Published 04 Oct, 2012 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

Kayani arrives in Moscow

Chief of the Army Staff (CoAS) General Ashfaq Parvez Kayani arrived in Moscow on a three-day official visit Wednesday. He was received by Deputy Commander in Chief of Ground Forces of Russia, Lieutenant General Nikolay Bagdanovsky, said an ISPR press rele

Published 04 Oct, 2012 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

Kayani arrives in Moscow

Chief of the Army Staff (CoAS) General Ashfaq Parvez Kayani arrived in Moscow on a three-day official visit Wednesday. He was received by Deputy Commander in Chief of Ground Forces of Russia, Lieutenant General Nikolay Bagdanovsky, said an ISPR press rele

Published 04 Oct, 2012 12:00am

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

Russian foreign minister arrives

Russian Foreign Minister Sergei Lavrov on Wednesday arrived here on a two-day visit to Pakistan to hold bilateral talks with Foreign Minister Hina Rabbani Khar on different areas of mutual interest. Upon his arrival at the Benazir International Airport, t

Published 04 Oct, 2012 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

Russian foreign minister arrives

Russian Foreign Minister Sergei Lavrov on Wednesday arrived here on a two-day visit to Pakistan to hold bilateral talks with Foreign Minister Hina Rabbani Khar on different areas of mutual interest. Upon his arrival at the Benazir International Airport, t

Published 04 Oct, 2012 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (October 04, 2012).

Published 04 Oct, 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 Wednesday (October 04, 2012).

Published 04 Oct, 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 Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (October 04, 2012).

Published 04 Oct, 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 04 Oct, 2012 12:00am

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 04 Oct, 2012 12:00am

Karachi interbank rates

Karachi interbank rates on Wednesday (October 04, 2012).

Published 04 Oct, 2012 12:00am

New York cotton

The fluctuations observed during the day:

Published 04 Oct, 2012 12:00am

New York cotton

The fluctuations observed during the day:

Published 04 Oct, 2012 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 04 Oct, 2012 12:00am

Bangladesh tea prices fall

Tea prices in Bangladesh eased at auction for the fourth consecutive week on Tuesday due to ample supplies, brokers said. The average price of Bangladeshi tea was 190.67 taka ($2.30) a kg against 203.49 taka per kg at a sale last week, said an official at

Published 04 Oct, 2012 12:00am

Indonesia's Sulawesi September cocoa bean exports up

Indonesia's cocoa bean exports from its main growing island of Sulawesi rose 133 percent in September, industry data showed on Tuesday, after exporters released larger than usual stocks. Cocoa exports from Sulawesi grew to 17,240.14 tonnes in September fr

Published 04 Oct, 2012 12:00am

European wheat prices little changed

European wheat prices were little changed in hesitant trading on Wednesday, torn between a fall in Chicago on forecasts for rain in the drought-parched US Plains and hopes that Egypt may buy French wheat in a tender later in the day. By 1118 GMT benchmark

Published 04 Oct, 2012 12:00am

Kirana items end mixed on Jodia Bazaar

The trading in Kirana items ended mixed on Jodia Bazaar here on Wednesday. The following changes were noted.

Published 04 Oct, 2012 12:00am

Modest business activity on grain market

Modest business activity was seen on the wholesale grain market on Wednesday, dealers said. On the grams side, Bajra low type did show any change at Rs 3300 while the best quality was higher by Rs 400 to Rs 4900, they said. On the rice sector, Irri-9 Sind

Published 04 Oct, 2012 12:00am

US Midwest corn steady to firm

Corn spot basis bids were steady to firm while soyabean bids were largely unchanged around the US Midwest on Tuesday, supported by light country offerings of each commodity, grain merchants said. Farmers in the western Midwest were harvesting soyabeans wh

Published 04 Oct, 2012 12:00am

India soyaoil, rapeseed hit contract low

Indian soyaoil and rapeseed futures extended losses to new contract lows, tracking Malaysian palm oil's fall on Tuesday, while soyabeans fell, weighed by higher arrivals. November soyaoil on the National Commodity and Derivatives Exchange (NCDEX) fell to

Published 04 Oct, 2012 12:00am

Activities at Karachi and Qasim ports

The Karachi Port handled 116,279 tonnes of cargo comprising 83,588 tonnes of import cargo and 32,691 tonnes of export cargo including 2,172 loaded & empty containers during the last 24 hours ended at 0700 hours on Wednesday. The total import cargo of 83,5

Published 04 Oct, 2012 12:00am

Oil cake market rates

Downward trend persisted on the forward cottonseeds oilcake market on Wednesday in the process of trading, dealers said. The December vaida closed at Rs 445.50 and it showed 20 paisa fall at Rs 445.30 at open, they said. The January contract ended at Rs 8

Published 04 Oct, 2012 12:00am

Phutti prices come down after PCGA report

Prices of seed cotton drifted lower on the cotton market on Wednesday after the Pakistan Cotton Ginners Association (PCGA) report, showing an increase of 20 percent in Phutti arrivals against the last year, dealers said. Official spot rate extended overni

Published 04 Oct, 2012 12:00am

Deutsche Telekom, MetroPCS to merge US mobile businesses

Deutsche Telekom and MetroPCS said they will merge their US mobile operations to create a larger fourth-place player better able to compete with rivals. The boards of both companies voted on Wednesday to approve the deal, which will see Deutsche Telekom h

Published 04 Oct, 2012 12:00am

EU banks raise 200 billion euro capital cushion: regulator

Europe's major banks raised over 200 billion euros ($258 billion) of fresh capital between December last year and June to cushion against future financial crises, the EU's banking regulator said Wednesday.

Published 04 Oct, 2012 12:00am

EU banks raise 200 billion euro capital cushion: regulator

Europe's major banks raised over 200 billion euros ($258 billion) of fresh capital between December last year and June to cushion against future financial crises, the EU's banking regulator said Wednesday.

Published 04 Oct, 2012 12:00am

Britain scraps flawed rail deal in embarrassing U-turn

Britain has torn up a deal awarding one of its biggest rail franchises to a private operator, in a humiliating U-turn that raises doubts about the government's handling of the privatised railways. Ministers froze three more rail franchise competitions on

Published 04 Oct, 2012 12:00am

ADB cuts growth forecasts for developing Asia

The Asian Development Bank Wednesday slashed its growth estimates for the region's emerging economies to the lowest level since 2009, citing a slowdown in powerhouses China and India. The bank also warned of significant risks caused by the effects of the

Published 04 Oct, 2012 12:00am

ADB cuts growth forecasts for developing Asia

The Asian Development Bank Wednesday slashed its growth estimates for the region's emerging economies to the lowest level since 2009, citing a slowdown in powerhouses China and India. The bank also warned of significant risks caused by the effects of the

Published 04 Oct, 2012 12:00am

US companies add jobs; service sector expands

US companies added more jobs than expected in September, while activity in the vast services sector picked up, suggesting the economy remained on track for modest growth. The ADP National Employment Report showed private employers added 162,000 jobs in Se

Published 04 Oct, 2012 12:00am

India's Kingfisher talks with staff fail, shares fall

The crisis at India's ailing Kingfisher Airlines deepened on Wednesday, its third straight day of grounded flights, after the firm failed to persuade striking employees back to work, a staff source said. With fears mounting for its future, the airline hel

Published 04 Oct, 2012 12:00am

Arab and LatAm leaders agree to investment bank

Latin American and Arab leaders agreed to form a joint investment bank during a summit in Peru at which they also discussed the increasingly bloody civil war in Syria. At the end of the two-day meeting on Tuesday, the heads of state announced the investme

Published 04 Oct, 2012 12:00am

Australia's trade deficit blows out in August

Australia's trade deficit blew out to its widest in three-and-a-half years in August as falling prices for iron ore and coal ate into export earnings, just the latest sign of how China's slowdown is hurting the resource-rich country. The Australian dollar

Published 04 Oct, 2012 12:00am

Eurozone drivers economise, hitting retail sales

Retail sales in the eurozone barely rose in August as motorists cut back spending on fuel during the normally busy driving months of the European summer, worried about the economy's slide towards recession. High oil prices forced consumers in the 17-natio

Published 04 Oct, 2012 12:00am

Portugal launches tax hikes, enters bond market

Portugal adopted sweeping tax hikes on Wednesday to meet budget goals set as conditions for its international bailout, hoping to stem falling revenues due to a recession that is set to push unemployment to further record highs. Earlier in the day Portugal

Published 04 Oct, 2012 12:00am

Portugal launches tax hikes, enters bond market

Portugal adopted sweeping tax hikes on Wednesday to meet budget goals set as conditions for its international bailout, hoping to stem falling revenues due to a recession that is set to push unemployment to further record highs. Earlier in the day Portugal

Published 04 Oct, 2012 12:00am

WTO source says trade deal closer than in months

A deal to boost international trade is closer to consensus than it has been for months, a source close to the World Trade Organization (WTO) said Wednesday. "The chances of reaching an agreement are much greater today than six months or a year ago," said

Published 04 Oct, 2012 12:00am

Factory workers strike across Indonesia

Hundreds of thousands of factory workers went on strike across Indonesia on Wednesday demanding better pay and job security as Southeast Asia's biggest economy booms. Police estimated around 750,000 workers took to the streets for the one-day walkout in a

Published 04 Oct, 2012 12:00am

Middle East markets: Dubai bourse hits new peaks on property sentiment

Dubai's bourse hit its highest level in five months, while Abu Dhabi's index ended at a fresh 14-month high, as confidence in the reviving local property market boosted real estate stocks. The Dubai index jumped 1.2 percent to its highest close since May

Published 04 Oct, 2012 12:00am

Nikkei hits three-week low

Japan's Nikkei average fell to a three-week closing low on Wednesday as investors remained cautious ahead of a serious of key events this week, including policy meetings by the European Central Bank and the Bank of Japan and US jobs data.

Published 04 Oct, 2012 12:00am

Wednesday's early afternoon trade: Wall Street advances

US stocks advanced on Wednesday after stronger-than-expected employment and service-sector data in the United States, but a gloomier outlook in China and Europe weighed on commodity prices and hit energy and materials shares. The S&P's consumer discretion

Published 04 Oct, 2012 12:00am

US stocks little changed on Spain, earnings worries

Wall Street ended little changed in a volatile session on Tuesday as uncertainty over when Spain might apply for a bailout shackled a market struggling to build on gains that took the S&P 500 to its highest in nearly five years. The market was also hamstr

Published 04 Oct, 2012 12:00am

Taiwan stocks down

Taiwan stocks ended down 0.44 percent on Wednesday, dragged lower by defensive plays such as paper and food counters, down 1.42 percent and 1.29 percent respectively. The main TAIEX index fell 34.05 points to 7,684.63, after opening up 0.11 percent. Elect

Published 04 Oct, 2012 12:00am

Treasuries edge up

US Treasuries prices ended slightly higher on Tuesday as investors waited on key employment data scheduled for later this week and as Spain appeared to be on track, if not yet ready, to get assistance to ease its debt crisis. Spain's Prime Minister Marian

Published 04 Oct, 2012 12:00am

Treasuries edge up

US Treasuries prices ended slightly higher on Tuesday as investors waited on key employment data scheduled for later this week and as Spain appeared to be on track, if not yet ready, to get assistance to ease its debt crisis. Spain's Prime Minister Marian

Published 04 Oct, 2012 12:00am

Indian shares gain

Indian shares gained on Wednesday for a third consecutive session after infrastructure companies extended gains on hopes for additional support measures for the sector, while insurance-related stocks also gained on optimism for government action. A Reuter

Published 04 Oct, 2012 12:00am

Hong Kong shares start October with mild gain

Hong Kong shares rose on Wednesday as strength in insurer AIA and telecom stocks helped to offset weakness in oil producers, which fell as crude prices skidded on worries over weak global growth. Investors appeared less keen to chase last month's 7 percen

Published 04 Oct, 2012 12:00am

European shares down

European shares edged lower on Wednesday on concerns about Spain, the focal point of the regional debt crisis, and slowing global growth, with indexes keeping to recent tight trading ranges. The FTSEurofirst closed down 1.05 points, or 0.1 percent, at 1,1

Published 04 Oct, 2012 12:00am

Currency	Rate
USD PKR Interbank Selling / Oct 18	277.72
USD PKR Interbank Buying / Oct 18	277.52
USD to Japanese Yen / Oct 18	149.53
USD to Swiss Franc / Oct 18	0.86
Pound Sterling to USD / Oct 18	1.67
Euro to USD / Oct 18	1.09

Stock	Volume
S&P 500 / Oct 18	5,864.67
India Sensex / Oct 18	81,224.75
Tokyo Nikkei / Oct 18	38,981.75
Nasdaq / Oct 18	18,489.55
Hang Seng / Oct 18	20,804.11
FTSE 100 / Oct 18	8,385.25
Dow Jones / Oct 18	43,275.91
Germany DAX 30 / Oct 18	19,657.37

Item	Value
Crude Oil USD/Barrel / Oct 18	69.22
Gold 10 Grams PKR / Oct 18	240,826
Gold Spot USD/Ounce / Oct 18	2,721.46
Cotton US¢/pound / Oct 18	70.99
Karachi Cotton PKR/37.32 KG / Oct 19	17,885
Petrol/Litre / Oct 21	247.03

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

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

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

Most Popular