News Archives for Print - 2012-11-13

Print - 2012-11-13

New York cotton

The fluctuations observed during the day:

Published 13 Nov, 2012 12:00am

Salient Features of Petroleum Policy, 2012

In order to encourage and attract foreign investment in the Petroleum Sector, the Ministry of Petroleum and Natural Resources has formulated Petroleum Exploration & Production Policy, 2012.

Published 13 Nov, 2012 12:00am

Afghanistan seeks Mullah Baradar's release

Chairman Afghan Peace Council, Salahuddin Rabbani, who arrived in Islamabad on a three-day visit in a bid to foster reconciliation process through joint efforts, on Monday sought release of a key Afghan Taliban commander Mullah Abdul Ghani Baradar, beside

Published 13 Nov, 2012 12:00am

Pakistan's Future in Oil & Gas

The Oil and Gas sector in Pakistan has seen phenomenal growth since the independence in 1947 when oil quantities produced were scarce. These limited quantities were being produced from a few small fields located in the Potohar region. At that time was no

Published 13 Nov, 2012 12:00am

Pakistan wins UN Rights Council seat

The United States and Germany won a closely contested race Monday among western nations for UN Human Rights Council seats, while the likes of Venezuela and Pakistan secured places without a competitive vote. Rights groups condemned the "pre-cooked" arrang

Published 13 Nov, 2012 12:00am

Shale Gas Prospectives in Pakistan

According to the department of US Energy Information Administration (USEIA) Pakistan has 51 Trillion Cubic Feet (TCF) of Shale Gas only in the Southern Pakistan which are technically recoverable while huge potential exists in the other basins of the count

Published 13 Nov, 2012 12:00am

Pakistan wins UN Rights Council seat

Published 13 Nov, 2012 12:00am

Pakistan Offshore Hydrocarbon Prospective

1. General Introduction of Pakistan Offshore: Offshore Pakistan which stretches over 200,000 Sq.kms can be divided into two major units: the Indus Offshore Basin and the Makran Offshore Basin. These two units are separated by the Murray Ridge and t

Published 13 Nov, 2012 12:00am

Karachi violence echoes in upper house

The government came under severe criticism in Senate Monday over deteriorating law and order situation in the country, especially Karachi. The MPs said any untoward incident during Muharram will further expose the government grip on security in the countr

Published 13 Nov, 2012 12:00am

Geared to Grow - Eyeing a Brighter Tomorrow

Petroleum Exploration & Production policy 2012 would give manifold strength to energy sector of Pakistan through newly defined rules & regulations. I extend my felicitations to the Ministry of Petroleum & Natural Resources for sheer dedication and hard wo

Published 13 Nov, 2012 12:00am

Karachi violence echoes in upper house

Published 13 Nov, 2012 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 13 Nov, 2012 12:00am

Eight more killed

The unabated spree of targeted killings continued on Monday as eight more people were killed while several others injured in the city, pushing the death toll to 39 during last three days. According to police and rescue sources, unidentified armed men open

Published 13 Nov, 2012 12:00am

Afghanistan seeks Mullah Baradar's release

Published 13 Nov, 2012 12:00am

Eight more killed

Published 13 Nov, 2012 12:00am

New York cotton

The fluctuations observed during the day:

Published 13 Nov, 2012 12:00am

Malik sees 'invisible' force

Minister for Interior Rehman Malik on Monday said that an invisible force was engaged in disrupting Karachi and Quetta peace on sectarian basis, but it would not succeed in its nefarious designs. Talking to media persons after a meeting with Ulema from di

Published 13 Nov, 2012 12:00am

Karachi interbank rates

Karachi interbank rates on Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am

Malik sees 'invisible' force

Published 13 Nov, 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 13 Nov, 2012 12:00am

Gas re-allocation to fertiliser sector: MoP facing resistance from other ministries

The Petroleum Ministry is reportedly facing stiff resistance from other ministries in re-allocation of gas to fertilizer sector which has also refused to print prices on bags due to uncertain supply of feed gas, sources close to Secretary Industries told

Published 13 Nov, 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 13 Nov, 2012 12:00am

Gas re-allocation to fertiliser sector: MoP facing resistance from other ministries

Published 13 Nov, 2012 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am

Gas re-allocation to fertiliser sector: MoP facing resistance from other ministries

Published 13 Nov, 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 Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am

Patchy rains, sun seen helping Ivorian cocoa crop

Patchy rains and hot weather across most of Ivory Coast's cocoa regions last week will keep the world's top grower on track for a healthy main crop harvest of good quality beans, farmers and analysts said on Monday. Ivory Coast's main crop season opened o

Published 13 Nov, 2012 12:00am

Abu Dhabi's index rallies most in nine months

Shares in Abu Dhabi made their biggest one-day gain in nine months on Monday, while most other Gulf stock indexes slipped as investors booked gains against a weak global backdrop. Abu Dhabi's main market index finished 1.3 percent higher, its largest dail

Published 13 Nov, 2012 12:00am

No aid for Greece despite austerity vote

The eurozone will not authorise more money for Greece on Monday, despite the country approving a tough 2013 budget, because there is still no agreement on how to make its debts sustainable. Finance ministers meeting in Brussels should, however, give Athen

Published 13 Nov, 2012 12:00am

Dismal trade, production data deepens fears about Indian economy

India's economic gloom deepened on Monday with a surprise contraction in industrial production, a fall in exports and higher retail inflation, dashing hopes of a quick revival in an economy on track to post its slowest growth in a decade.

Published 13 Nov, 2012 12:00am

India unveils new version of 'world's cheapest tablet'

India has launched a new version of what is dubbed the world's cheapest computer - on sale to students at the subsidised price of $20 - with a quicker processor and an improved battery. The Aakash tablet has been developed as a public-private partnership

Published 13 Nov, 2012 12:00am

Airbus sells 460 planes in January-October

European planemaker Airbus won 460 aircraft orders in the first 10 months of the year, less than half the score by Boeing as its US arch rival continued to benefit from a surge in demand for its new fuel-efficient 737 MAX model. Airbus said net orders in

Published 13 Nov, 2012 12:00am

Australian wins $208k from Google

Google was ordered to pay Aus$200,000 (US $208,000) in damages to an Australian Monday after a jury found the Internet giant defamed him by publishing material linking him to mobsters. Milorad Trkulja, an entertainment promoter who is now 62, was shot in

Published 13 Nov, 2012 12:00am

EU Commission freezes airline emissions law

The European Union will conditionally put on hold its rule that all airlines must pay for their carbon emissions for flights to and from EU airports, the EU's executive said on Monday. The freeze follows intense pressure on the EU to scrap its law and thr

Published 13 Nov, 2012 12:00am

S&P, Fitch face landmark trial over Italy downgrades

Italian prosecutors are seeking trial for seven current and former employees at rating agencies Standard & Poor's and Fitch over their downgrades of Italy, paving the way for the first European court case over sovereign rating cuts.

Published 13 Nov, 2012 12:00am

S&P, Fitch face landmark trial over Italy downgrades

Published 13 Nov, 2012 12:00am

China economy recovering, bad debt risks dismissed

Comments by China's two top banking officials playing down the risks of bad debt in the banking system provided the latest upbeat signal from Beijing suggesting seven straight quarters of slowing growth have ended. Markets will be looking for the remarks,

Published 13 Nov, 2012 12:00am

OECD sees China, US outlook stabilising, Europe still hobbled

The economic outlook remains poor for major economies though there are growing signs of stabilisation in Canada, China and the United States, the OECD said on Monday. In its latest monthly report on the global economy, the Organisation for Economic Co-ope

Published 13 Nov, 2012 12:00am

Japan's economy shrinks

Japan's economy shrank in the September quarter for the first time since last year, adding to signs that slowing global growth and tensions with China are nudging the world's third-largest economy into recession. The 0.9 percent fall in GDP was in line wi

Published 13 Nov, 2012 12:00am

Nikkei at four-week low

Japan's Nikkei stock average fell for a sixth straight day and closed at a four-week low on Monday, hurt by a strong yen and worries about a possible US fiscal crisis that may push the world's largest economy into recession Data showing Japan's economy ha

Published 13 Nov, 2012 12:00am

Lowest offer in Bangladesh wheat tender

The lowest offer in a Bangladesh tender to buy 50,000 tonnes of wheat that opened on Monday was $359.66 a tonne, including freight, insurance and other expenses, an official from the state grains buyer said. It was the third tender issued by the state gra

Published 13 Nov, 2012 12:00am

Russian wheat prices to depend on winter crop outlook

Russian domestic wheat prices in the coming weeks will depend on the winter crop outlook, which if favourable, may allow more grain sales from state stocks and cool down the market, officials and analysts said on Monday. "The situation with the harvest fo

Published 13 Nov, 2012 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 119,582 tonnes of cargo comprising 79,138 tonnes of import cargo and 40,444 tonnes of export cargo including 4,380 loaded & empty containers during the last 24 hours ended at 0700 hours on Monday. The total import cargo of 79,138

Published 13 Nov, 2012 12:00am

Ukraine may start maize export to China soon

Ukraine may start its first shipments of maize to China by the end of this year under an agreement which will allow the former Soviet republic pay back a $3 billion loan to the Asian giant. Ukrainian Agricultural Minister Mykola Prysyazhnyuk said on Monda

Published 13 Nov, 2012 12:00am

US winter wheat faces cold, dry weather

The drought-plagued US hard red winter wheat crop in the Plains States is facing a cold snap and more dry weather as it begins entering its winter dormancy stage of development, or so-called hibernation, agricultural weather experts said on Monday.

Published 13 Nov, 2012 12:00am

Indian gold prices up on festive demand

Gold demand in India, the world's biggest buyer of bullion, rose on Monday as key festivals and the wedding season helped the yellow metal hit its highest level in intra-day trade since September 20. At 1003 GMT, the most active gold for December delivery

Published 13 Nov, 2012 12:00am

Lean business on grain market

Little changes were seen on the wholesale grain market on Monday owing to balanced demand supply position, dealers said. On the cereals side, Barley Sindh and Mardan were quoted higher at Rs 3600-3700, other commodity items retained week-end levels, they

Published 13 Nov, 2012 12:00am

Skimmed milk powder mixed on Jodia Bazaar

The trading in skimmed milk powder ended mixed on Jodia Bazaar here on Monday. The following variations were noted.

Published 13 Nov, 2012 12:00am

Seedcotton prices up as ginners curtail supply

In a surprising way, when the All Pakistan Textile Mills Association (Aptma) expecting for bumper cotton crop for the current season, the ginners curtailed the supply of seedcotton to push up the rates, dealers said on the cotton market on Monday. Officia

Published 13 Nov, 2012 12:00am

Oil cake market rates

The December vaida was unchanged and the January contract was lower on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The December vaida closed at Rs 444.00 and it opened at the same rate due owing easy supply po

Published 13 Nov, 2012 12:00am

A Gift of Present Government to Pakistan

The approval of the Petroleum Exploration and Production Policy 2012 at the forum of Council of Common Interests (CCI) reiterates that the provinces and centre are on the same economic agenda for the development of the country. It is the first policy that

Published 13 Nov, 2012 12:00am

Petroleum (Exploration & Production) Policies Review

In 1991, GOP introduced the first Petroleum Policy document. This was then followed by new Petroleum Policies of 1993, 1994, 1997, 2001, 2007 and 2009. Whenever previous policies were superseded by a subsequent Policy document, the existing rights granted

Published 13 Nov, 2012 12:00am

PRCL posts Rs 925 million net profit

Pakistan Reinsurance Company Limited (PRCL), rated as AA Company, has posted a net profit of Rs 925 million for the three quarters ending September 30. The break-up of Profit and Loss Account of PRCL showed Rs 578 million underwriting profit in nine month

Published 13 Nov, 2012 12:00am

Grain market rates

Karachi grain market rates in rupees on Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am

Four killed in gas station blast

An explosion killed four people and injured three on Monday at an allegedly illegal gas filling station on Ferozewala road in Gujranwala. All injured were rushed to the Civil Hospital Gujranwala.

Published 13 Nov, 2012 12:00am

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates on Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am

Fire breaks out at bank branch

A fire that broke out at a private bank branch located at I.I Chundrigar road was doused within four hours. All 40 staffers were rescued, Fire Brigade and police officials said. According to Fire Brigade department, at around 3:45 pm, the department recei

Published 13 Nov, 2012 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am

All employees evacuated

There was a minor fire incident at the Corporate Branch of Bank Alfalah on I.I. Chundrigar Road. The situation was, however, brought under control very quickly with the combined efforts of the rescue fire brigade team and Bank Alfalah's local administrati

Published 13 Nov, 2012 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am

Ancholi remains in grip of tension for second day

The situation in Ancholi and its surrounding areas remained tense on second consecutive day, as two people were injured and two vehicles were torched when participants of a rally and a funeral procession clashed. According to police, unknown armed men res

Published 13 Nov, 2012 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am

Ayesha approaches LHC against Hamza

Daughter of former Member Provincial Assembly Ahad Malik has approached the Lahore High Court against MNA Hamza Shahbaz Sharif accusing him of harassing her. The petitioner Ayesha Malik contended that Hamza was harassing her for approaching the court of l

Published 13 Nov, 2012 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am

National Assembly at dismay as MoF fails to submit reply

The National Assembly on Monday expressed annoyance over the Finance Ministry working for not submitting reply to a question of the House and decided to take action if it fails to respond in the on-going session.

Published 13 Nov, 2012 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am

Pakistan condemns border shelling by Afghan forces

Pakistan Monday condemned the unprovoked border shelling by the Afghan forces killing four civilians, on the commencement of two-day regional anti-narcotics ministerial conference being attended by Afghanistan along with other regional countries.

Published 13 Nov, 2012 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am

JI blames government for targeted killings in Karachi

Secretary General, Jamaat-i-Islami, Liaqat Baloch, has said it was strange that the Interior Minister Rehman Malik could see the assailants of Malala sitting in Afghanistan, but was unable to trace the target killers giving blood bath to Karachi every day

Published 13 Nov, 2012 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am

Maintaining law and order is provinces' responsibility, National Assembly told

Parliamentary Secretary for Interior Rai Mujtaba Kharal said that it was the responsibility of the provinces to maintain law and order situation. He said this while responding the supplementary questions of parliamentarians during National Assembly's sess

Published 13 Nov, 2012 12:00am

Poultry Rates

Wholesale poultry rates on Monday (November 12, 2012) and for Tuesday (November 13, 2012).

Published 13 Nov, 2012 12:00am

Hafeez to inaugurate economists' moot today

Finance Minister Dr Abdul Hafeez Shaikh will inaugurate the three-day 28th Annual General Meeting and Conference of the Pakistan Society of Development Economists (PSDE) on Tuesday. According to a statement of the PSDE issued on Monday, its annual moot is

Published 13 Nov, 2012 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am

Advisor asked to appear before LHC

A division bench of Lahore High Court (LHC) here on Monday directed Advisor to Prime Minister Dr Asim to appear before the court on November 22 and explain his position about the statement issued against a court order. The court passed these orders in a c

Published 13 Nov, 2012 12:00am

LME official prices

The following were Friday official prices.

Published 13 Nov, 2012 12:00am

$16.3 billion loans obtained from IMF, financial institutions in four years: Finance Ministry informs National Assembly

Finance Ministry has informed the National Assembly that $16.3 billion loans has been obtained from International Monetary Fund (IMF) and other financial institutions during the last four years. Replying to a question here on Monday in the National Assemb

Published 13 Nov, 2012 12:00am

LME official prices

The following were Friday official prices.

Published 13 Nov, 2012 12:00am

PPP MNA restrained from interfering in issuance of gas connections

The Lahore High Court here Monday restrained ruling party PPP MNA Tariq Anees from interfering in issuance of gas connections to the residents of his constituency in Shakargarah. The court also directed Sui Northern Gas Pipeline Limited (SNGPL) to provide

Published 13 Nov, 2012 12:00am

The Weather

The weather report on Monday (November 12, 2012) and the forecast for Tuesday (November 13, 2012).

Published 13 Nov, 2012 12:00am

US envoy calls on President Zardari

US Ambassador Richard G Olson called on President Asif Ali Zardari at the Aiwan-e-Sadr here on Monday. Pak-US relations were discussed during the meeting. The President expressed the hope that the tenure of United States Ambassador would further strengthe

Published 13 Nov, 2012 12:00am

Pensioners of Khyber Pakhtunkhwa demand increase in children quota

Pensioners hailing from different government department of Khyber Pakhtunkhwa on Monday staged a demonstration on main Sher Shah Suri road near press club, demanding of the government to increase in special quota for their children and pension, and other

Published 13 Nov, 2012 12:00am

Naval chief calls on President

Chief of the Naval Staff Admiral Muhammad Asif Sandhela called on President Asif Ali Zardari here at the Aiwan-e-Sadr on Monday. Professional matters pertaining to the Pakistan Navy were discussed during the meeting.

Published 13 Nov, 2012 12:00am

Excessive use of contact lens may result in blindness

Executive Director Al-Shifa Hospital Brigadier Rizwan Khan (r) on Monday warned against excessive use of colour contact lenses, saying the whole eye could suffer in extreme cases, resulting in blindness. Talking exclusively to APP, he said contact lens mu

Published 13 Nov, 2012 12:00am

Quality concerns likely to affect Pakistani wheat export to Iran

Pakistan is still awaiting a response from Iranian authorities after collection of samples of Pakistani wheat by Iranian inspectors two weeks ago to check its quality which would determine whether Iran would import one million tons of wheat as part of bar

Published 13 Nov, 2012 12:00am

US to provide $1.5 million for Hazara university

The United States reinforced its long-term commitment to advancing education in Pakistan at the groundbreaking for a new, 1.5 million dollars Faculty of Education building at Hazara University in Mansehra. "This new faculty of education building will go a

Published 13 Nov, 2012 12:00am

Nigerian Air Chief holds talks with Pakistani counterpart

Air Marshal Alex Sabundu Badeh, Chief of the Air Staff, Nigerian Air Force visited Air Headquarters Islamabad on Monday and held talks with Air Chief Marshal Tahir Rafique Butt in his office. Both remained together for some time and discussed matters of p

Published 13 Nov, 2012 12:00am

World-wide mobile subscribers to reach 6.5 billion mark

Portio Research, which specialises in analysing the mobile and wireless industries, has forecast there'll be 6.5 billion mobile subscribers world-wide by the end of 2012. It expects that by the end of 2016 the total mobile subscribers have reached almost

Published 13 Nov, 2012 12:00am

Gold prices steady

Prices of the gold in the local market remained unchanged at Rs 62, 900 per tola and Rs 53, 914 per 10 grams, traders said on Monday. However, they cited an increase of $4 an ounce in the global prices of yellow metal to $1736. They said the prices of sil

Published 13 Nov, 2012 12:00am

Rs 172 per 40kg sugarcane: agriculture department rejects possibility of cut in fixed price

Sindh Agriculture department has rejected any possibility of reduction in officially fixed price of sugarcane, which has been set at Rs 172 per 40 kg, despite immense pressure from Pakistan Sugar Mills Association (PASMA). On November 8, 2012, the provinc

Published 13 Nov, 2012 12:00am

Out-of-turn promotions: Sindh government constitutes scrutiny committees

Sindh Government on Monday constituted a committee and a sub committee to scrutinise the cases of absorptions/appointments by transfer/out of turn promotions under Sindh Civil Servants (Amendment) Ordinance, 2012 and Sindh Civil Servants (Second Amendment

Published 13 Nov, 2012 12:00am

ANP to sweep general election in Khyber Pakhtunkhwa: Daudzai

The provincial member of Awami National Party, Malik Mughal Daudzai has said that his party would clean sweep in next general elections on basis of its performance by defeating Pakistan People Party with other mainstream political parties. Speaking at a n

Published 13 Nov, 2012 12:00am

Waseela-e-Taleem: BISP to enrol 1.4 million children of beneficiary families in schools

Benazir Income Support Programme (BISP) has targeted to enrol 1.4 million children of the beneficiary families in schools under Waseela-e-Taleem from 20-select districts across the country while the programme is expected to receive more than $450 million

Published 13 Nov, 2012 12:00am

Hayatabad residents voice concern over poor sanitation, sewerage system

Residents of posh locality of Hayatabad have expressed voice concern over pathetic sanitation and sewerage system and provision other civic facilities in the vicinity, demanding for improvement in road infrastructure and to put ban on entrance of outdated

Published 13 Nov, 2012 12:00am

Violation of FRDL Act

Fiscal Responsibility and Debt Limitation (FRDL) Act, 2005 was hailed as the victory of reasoning and an extremely positive way to ensure financial stability by forcing the government to follow a proper fiscal discipline and a sustainable debt policy. In

Published 13 Nov, 2012 12:00am

Death of an exceptional citizen

Syed Iqbal Haider, who passed away in Karachi at age 67 had been a law minister, an Attorney General for Pakistan, and two-term PPP Senator. Yet he distinguished himself for vastly greater things, standing up for his principles and defending the rights of

Published 13 Nov, 2012 12:00am

Supremacy galore

On November 6, while hearing a case about the media's role in reporting the US attack on Abbottabad to kill Osama bin Laden, the Chief Justice said that the Supreme Court (SC) has the ultimate (supreme) authority about which no one should have any doubts.

Published 13 Nov, 2012 12:00am

Spotlight: What a little 'Parchi' did to the life of a small shopkeeper!: Party heroes are not necessarily national heroes!

On the eve (hopefully) of the general election, PPP in Pakistan finds itself in a difficult predicament. With little to flaunt before the voters by way of its achievements over 5 years of its rule, it falls back increasingly on the Bhutto name and squeeze

Published 13 Nov, 2012 12:00am

Is BBC's 'gold standard' of reporting under threat?

Around the world, the three letters "BBC" have long been synonymous with trustworthy, reliable journalism. Now the London-based British Broadcasting Corporation, the world's biggest public broadcaster, has been thrown into deep crisis over allegations of

Published 13 Nov, 2012 12:00am

Benefits of entrepreneurship

Economic growth is dependent upon many factors such as presence of seaport, low interest rate, currency strength, education, saving propensity and climate. But many economists believe that entrepreneurial activity is critical to economic progress because

Published 13 Nov, 2012 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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