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Print - 2012-11-14
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (November 13, 2012).

Published 14 Nov, 2012 12:00am
Yuan hits second straight record high

Yuan hits second straight record high

China's yuan hit a record high against the dollar for a second straight day on Tuesday, thanks to sustained bullish sentiment for the currency from Chinese companies, with further gains seen in the near term. The central bank allowed the yuan a bit more r
Published 14 Nov, 2012 12:00am
Australian and New Zealand dollars struggle

Australian and New Zealand dollars struggle

The Australian and New Zealand dollars struggled against a broadly stronger greenback on Tuesday, but held near 2-1/2 month highs against the euro after Greece failed to receive an immediate financial aid it was counting on. The euro dipped to a two-month
Published 14 Nov, 2012 12:00am
Asian markets closed

Asian markets closed

The emerging Asian foreign exchange markets on Tuesday closed in Indonesia, Malaysia and Singapore for a public holiday. The trading will be resumed on Wednesday, November 14.
Published 14 Nov, 2012 12:00am
Indian markets closed

Indian markets closed

India's financial and commodity markets were closed on Tuesday and Wednesday for the Diwali festival holidays. The markets resume trading on Friday.
Published 14 Nov, 2012 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 81.71-81.75 (previous 81.70-81.75). Call Money Rates: 09.00-09.00 percent (previous 08.00-09.50 percent).
Published 14 Nov, 2012 12:00am
Euro flat in New York

Euro flat in New York

The euro was unchanged against the dollar on Monday and nearing a recent two-month low in thin holiday trading, weighed down by uncertainty as to whether or not Greece will receive a new round of bailout money to help pay off its debt. The euro has droppe
Published 14 Nov, 2012 12:00am
Early trade in New York: Euro slumps to two-month low versus dollar

Early trade in New York: Euro slumps to two-month low versus dollar

The euro slumped to its lowest level against the dollar in over two months on Tuesday on disappointment over a delay in aid to debt-stricken Greece and worries about a US fiscal crisis. The euro has lost value against the safe-haven dollar in seven of nin
Published 14 Nov, 2012 12:00am
Euro lifts off two-month low

Euro lifts off two-month low

The euro pulled away from a two-month low against the dollar on Tuesday after a German newspaper said Germany wants to bundle Greek aid into a single payment of more than 44 billion euros. Traders interpreted the Bild report, which cited government source
Published 14 Nov, 2012 12:00am
Euro slips in Asia

Euro slips in Asia

The euro dipped to a two-month low against the dollar on Tuesday after the eurozone and the International Monetary Fund failed to agree on a long-term plan to reduce Greece's debt, preventing disbursement of immediate aid to Athens. The currency was also
Published 14 Nov, 2012 12:00am
EBS changes euro/Swiss franc pricing

EBS changes euro/Swiss franc pricing

Currency trading platform EBS will change pricing in the euro/Swiss franc pair, owner ICAP said on Tuesday, limiting high-speed traders' ability to exploit price discrepancies at the expense of banks. From November 26 the platform will price euro/Swiss in
Published 14 Nov, 2012 12:00am
UK's top share index rises on Spanish bailout hopes

UK's top share index rises on Spanish bailout hopes

Britain's FTSE 100 share index closed up on Tuesday, recovering from an earlier two-month low in late trade on renewed hopes that Spain will ask for a bailout, a move which is seen as an essential step towards solving the euro zone crisis. Spanish bond yi
Published 14 Nov, 2012 12:00am
Seoul shares tumble

Seoul shares tumble

Seoul shares slipped to their lowest close since September 6 on Tuesday as investors remained worried about US fiscal woes and the uncertain timing for a crucial Greek bailout. The Korea Composite Stock Price Index (KOSPI), reversing gains early in the da
Published 14 Nov, 2012 12:00am
Australian shares fall to seven-week low

Australian shares fall to seven-week low

Australian shares fell 1.5 percent on Tuesday, the biggest one-day loss since July 23, with miners and banks dented further in the afternoon session as investors become increasingly concerned about the euro zone debt crisis and fiscal woes in the United S
Published 14 Nov, 2012 12:00am
Southeast Asian markets: Thai shares at two-week low

Southeast Asian markets: Thai shares at two-week low

Thai shares fell to their two-week low on Tuesday on concerns about the US fiscal cliff and about the Greece's debt crisis, while the Philippines and Vietnam stocks also ended weaker. Major Southeast Asian stock markets in Singapore, Indonesia and Malaysi
Published 14 Nov, 2012 12:00am
Financials lift European shares on Spain bailout talk

Financials lift European shares on Spain bailout talk

European shares rebounded late on Tuesday as a fresh round of trader speculation that Spain may be close to asking for a sovereign bailout fuelled appetite for financial stocks. The FTSEurofirst 300 closed up 4.81 points, or 0.5 percent, at 1,099.16, boun
Published 14 Nov, 2012 12:00am
Indian shares slip in special Diwali trading session

Indian shares slip in special Diwali trading session

India's main stock indexes fell for a fourth consecutive day in Tuesday's short Diwali trading session as banks and automotive stocks fell a day after data showed a surprise contraction in the country's industrial output. In the annual session to celebrat
Published 14 Nov, 2012 12:00am
China shares sink to seven-week low; Hong Kong down

China shares sink to seven-week low; Hong Kong down

Onshore Chinese shares slid to a seven-week low and weighed on Hong Kong stocks on Tuesday after state media reported that housing market curbs will remain, raising fears that the ongoing party congress will spawn little change in economic policies.
Published 14 Nov, 2012 12:00am
Taiwan stocks lower

Taiwan stocks lower

Taiwan stocks fell 1.8 percent on Tuesday, underperforming regional shares, with heavyweight HTC Corp shedding 6.8 percent, the maximum allowed in a day. The main TAIEX index closed down 131.7 points at 7,136.05, after opening flat. Electronics shares los
Published 14 Nov, 2012 12:00am
'Fiscal cliff' stand-off keeps Wall Street subdued

'Fiscal cliff' stand-off keeps Wall Street subdued

US stocks were little changed in a lightly traded session on Monday, with investors limiting bets ahead of what could be a drawn-out battle over the "fiscal cliff." Volume was light, with the US bond market and government offices closed for the Veterans D
Published 14 Nov, 2012 12:00am
Tuesday's midday trade: Dow, S&P edge up

Tuesday's midday trade: Dow, S&P edge up

The Dow and the S&P 500 rose slightly on Tuesday, led by gains in retail stocks after strong results from Home Depot, the world's largest home improvement company. Wall Street made a sharp turnaround about an hour into trading, on rumours that Spain may b
Published 14 Nov, 2012 12:00am
Nikkei remains down

Nikkei remains down

Japan's Nikkei average fell for a seventh straight session on Tuesday, its longest losing streak in seven months, on fears that the US fiscal problem may tips the world's largest economy into recession. Adding to the concerns, the euro zone and the Intern
Published 14 Nov, 2012 12:00am
Divisions overshadow Europe's plan to control banks

Divisions overshadow Europe's plan to control banks

Divisions in Europe over a new regime to supervise banks overshadowed fresh attempts by EU finance ministers on Tuesday to agree a centrepiece reform that some officials fear could now unravel. So far, countries in the eurozone have attempted to contain t
Published 14 Nov, 2012 12:00am
EU-IMF clash over Greece revives debt crisis fears

EU-IMF clash over Greece revives debt crisis fears

A public clash between Greece's international lenders over how Athens can bring its debts down to a sustainable level has reignited fears that Europe's troubles could flare up anew. Eurozone finance ministers suggested Greece, where the eurozone debt cris
Published 14 Nov, 2012 12:00am
Jump in UK inflation clouds outlook for more BoE stimulus

Jump in UK inflation clouds outlook for more BoE stimulus

British inflation hit a five-month high in October after a rise in university fees and food prices, making it less likely the Bank of England will flag more stimulus when it presents new forecasts on Wednesday. The jump in consumer price inflation to 2.7
Published 14 Nov, 2012 12:00am
Sinking German investor morale fuels recession talk

Sinking German investor morale fuels recession talk

Morale among Germany's analysts and investors sank in November as the crisis in the euro zone pounded its top economy, which looks increasingly at risk of joining the region's periphery in recession. Tuesday's unexpectedly gloomy survey from the ZEW think
Published 14 Nov, 2012 12:00am
Iranian oil output, exports rebound: IEA

Iranian oil output, exports rebound: IEA

Iranian oil output rose in October after seven months of decline due to Western sanctions and its exports rebounded strongly as China and South Korea bought more oil, the West' energy watchdog said on Tuesday. The International Energy Agency, adviser to i
Published 14 Nov, 2012 12:00am
Sun Media cuts 500 jobs

Sun Media cuts 500 jobs

Canada's largest newspaper publisher, Sun Media, announced Tuesday the closure of two production facilities in Ottawa and Kingston, Ontario, and layoffs of 500 staff. The closures and job cuts are expected to deliver more than Can$45 million in annual cos
Published 14 Nov, 2012 12:00am
Curtain rises on Washington's 'fiscal cliff' drama

Curtain rises on Washington's 'fiscal cliff' drama

The full cast of lawmakers in the US "fiscal cliff" debate gathered in Washington on Tuesday for the first time since the elections, setting the stage for a week of trial balloons and rhetorical repositioning. The US Congress returned from a break after t
Published 14 Nov, 2012 12:00am
Spain inflation hits highest since May 2011

Spain inflation hits highest since May 2011

Spanish consumer prices rose at their fastest pace since May 2011 in October, increasing living costs for its already cash-strapped citizens and further undermining hopes of an economic recovery. National inflation was 3.5 percent year-on-year, according
Published 14 Nov, 2012 12:00am
UniCredit reports profit rise

UniCredit reports profit rise

Italy's biggest bank, UniCredit, on Tuesday reported a net profit of 335 million euros ($425 million) in the third quarter - an improvement on the previous quarter and the same period last year. The bank had registered a net loss of 474 million euros in t
Published 14 Nov, 2012 12:00am
UniCredit reports profit rise

UniCredit reports profit rise

Italy's biggest bank, UniCredit, on Tuesday reported a net profit of 335 million euros ($425 million) in the third quarter - an improvement on the previous quarter and the same period last year. The bank had registered a net loss of 474 million euros in t
Published 14 Nov, 2012 12:00am
Lufthansa, cabin crew strike pay deal

Lufthansa, cabin crew strike pay deal

Germany's leading airline Lufthansa said on Tuesday that it had reached a deal with cabin crew representatives to end a bitter dispute that had led to work stoppages. The accord entails a near 4.6-percent salary hike on average, said the UFO trade union t
Published 14 Nov, 2012 12:00am
Moong prices higher on grain market

Moong prices higher on grain market

Moong prices were up on the wholesale grain market on Tuesday in the process of modest trading, dealers said. On the cereals side, Moong Punjab went up by Rs 125 to Rs 6375, Urad Burma, however, lost Rs 100 to Rs 2700, other commodities maintained overnig
Published 14 Nov, 2012 12:00am
Cotton market: trading activity low owing to higher rates

Cotton market: trading activity low owing to higher rates

Prices were higher on the cotton market on Tuesday as the ginners started hoarding seedcotton (phutti) on expectations of better return in the coming days, dealers said on the cotton market on Monday. Official spot rate maintained overnight level at Rs 5,
Published 14 Nov, 2012 12:00am
Oil cake market rates

Oil cake market rates

The December vaida was unchanged and the January contract was higher on the forward cottonseeds oilcake market on Tuesday in the process of trading, dealers said. The December vaida closed at Rs 444.00 and it opened at the same rate, they said. The Januar
Published 14 Nov, 2012 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 181,237 tonnes of cargo comprising 140,832 tonnes of import cargo and 40,405 tonnes of export cargo including 4,238 loaded & empty containers during the last 24 hours ended at 0700 hours on Tuesday. The total import cargo of 140,8
Published 14 Nov, 2012 12:00am
German rapeseed sowings for 2013 crop up

German rapeseed sowings for 2013 crop up

Germany's winter rapeseed sown area for the 2013 harvest has been expanded by 9.1 percent on the year to 1.419 million hectares, German oilseeds industry association UFOP forecast on Tuesday. Highly favourable sowing conditions in the autumn drilling peri
Published 14 Nov, 2012 12:00am
China to stockpile corn and soya for state reserves

China to stockpile corn and soya for state reserves

The Chinese government will start stockpiling soya and corn from local farmers at higher prices than a year ago, an industry source said on Tuesday, as Beijing looks to stabilise domestic prices and support soya imports. China, the world's top soya buyer,
Published 14 Nov, 2012 12:00am
HRW wheat bids steady

HRW wheat bids steady

Spot basis bids for hard red winter wheat in the US Plains were mostly steady on Tuesday with light farmer selling. Basis climbed a penny a bushel for Gulf wheat but otherwise bids were steady. Mill demand was expected to slow ahead of the Thanksgiving ho
Published 14 Nov, 2012 12:00am
Vietnam's soyabean imports to rise: Oil World

Vietnam's soyabean imports to rise: Oil World

Vietnam is sharply raising soyabean imports for animal feed as its livestock farming booms while demand as human food is also increasing, Hamburg-based oilseeds analysts Oil World said on Tuesday. Vietnam's March 2012/February 2013 season soyabean imports
Published 14 Nov, 2012 12:00am
Rains fortify Brazil's coffee crop

Rains fortify Brazil's coffee crop

Heavy showers have swept over Brazil's south-eastern coffee belt and more are due in the next few days, restoring soil moisture after a dry spell began harming the new coffee crop, weather forecaster Somar said on Monday. Agronomists said last week that l
Published 14 Nov, 2012 12:00am
Indonesia to buy about 150,000 tonnes of Indian rice

Indonesia to buy about 150,000 tonnes of Indian rice

Indonesia's state procurement body Bulog is in talks to buy 100,000-150,000 tonnes of rice from India to boost stock levels, but may ship less than half of its total rice import permits issued for this year, a trade ministry official said on Tuesday.
Published 14 Nov, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 14 Nov, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 14 Nov, 2012 12:00am
State Bank of Pakistan conversion rates

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 14 Nov, 2012 12:00am
Barclays bid rates and maximum rates for payment of interest

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 14 Nov, 2012 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (November 13, 2012).

Published 14 Nov, 2012 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (November 13, 2012).

Published 14 Nov, 2012 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (November 13, 2012).

Published 14 Nov, 2012 12:00am
Bill buying rates per unit of currency

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 Tuesday (November 13, 2012).

Published 14 Nov, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (November 13, 2012).
Published 14 Nov, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (November 13, 2012).

Published 14 Nov, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (November 13, 2012).

Published 14 Nov, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (November 13, 2012).

Published 14 Nov, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (November 13, 2012).

Published 14 Nov, 2012 12:00am
Index sheds 83.96 points

Index sheds 83.96 points

A bearish trend continued on the Karachi share market on Tuesday and the benchmark KSE-100 index declined by 83.96 points to close at the level of 16,129.72 points. Trading activities slightly improved and the volumes at ready counter increased to 156.978
Published 14 Nov, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 14 Nov, 2012 12:00am
Index sheds 83.96 points

Index sheds 83.96 points

A bearish trend continued on the Karachi share market on Tuesday and the benchmark KSE-100 index declined by 83.96 points to close at the level of 16,129.72 points. Trading activities slightly improved and the volumes at ready counter increased to 156.978
Published 14 Nov, 2012 12:00am
BRIndex30 falls by 57.52 points

BRIndex30 falls by 57.52 points

On Tuesday, BRIndex30 opened at 10,889.14. It touched an intraday high of 10,923.98 and an intraday low of 10,828.25 and closed at 10,831.62 which was -57.52 points or -0.53 percent lower than previous close. Total volume was 123,178,200, which was 78.47
Published 14 Nov, 2012 12:00am
BRIndex30 falls by 57.52 points

BRIndex30 falls by 57.52 points

On Tuesday, BRIndex30 opened at 10,889.14. It touched an intraday high of 10,923.98 and an intraday low of 10,828.25 and closed at 10,831.62 which was -57.52 points or -0.53 percent lower than previous close. Total volume was 123,178,200, which was 78.47
Published 14 Nov, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 14 Nov, 2012 12:00am
Balochistan Assembly reposes trust in Raisani's leadership

Balochistan Assembly reposes trust in Raisani's leadership

The lawmakers of the Balochistan Assembly passed a resolution and reposed their trust in the leadership of Chief Minister Nawab Aslam Raisani. The Balochistan Assembly session held with Deputy Speaker Syed Matiullah Agha in chair here on Tuesday evening.
Published 14 Nov, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 Nov, 2012 12:00am
Balochistan Assembly reposes trust in Raisani's leadership

Balochistan Assembly reposes trust in Raisani's leadership

The lawmakers of the Balochistan Assembly passed a resolution and reposed their trust in the leadership of Chief Minister Nawab Aslam Raisani. The Balochistan Assembly session held with Deputy Speaker Syed Matiullah Agha in chair here on Tuesday evening.
Published 14 Nov, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 Nov, 2012 12:00am
Ills afflicting PIA: Supreme Court seeks report

Ills afflicting PIA: Supreme Court seeks report

The Supreme Court on Tuesday issued directives to Pakistan International Airlines (PIA) to submit by December 4 a response to alleged corruption, mismanagement, inefficiencies, irregularities and illegalities in the national airline. A three-judge bench l
Published 14 Nov, 2012 12:00am
Ills afflicting PIA: Supreme Court seeks report

Ills afflicting PIA: Supreme Court seeks report

The Supreme Court on Tuesday issued directives to Pakistan International Airlines (PIA) to submit by December 4 a response to alleged corruption, mismanagement, inefficiencies, irregularities and illegalities in the national airline. A three-judge bench l
Published 14 Nov, 2012 12:00am
Ills afflicting PIA: Supreme Court seeks report

Ills afflicting PIA: Supreme Court seeks report

The Supreme Court on Tuesday issued directives to Pakistan International Airlines (PIA) to submit by December 4 a response to alleged corruption, mismanagement, inefficiencies, irregularities and illegalities in the national airline. A three-judge bench l
Published 14 Nov, 2012 12:00am
Survey of Pakistan to be made national mapping agency: draft

Survey of Pakistan to be made national mapping agency: draft

The government has decided to make the Survey of Pakistan into a national mapping agency, according to the draft of a proposed bill. According to the draft bill, the government will detain for at least three months elements damaging the Survey of Pakistan
Published 14 Nov, 2012 12:00am
Survey of Pakistan to be made national mapping agency: draft

Survey of Pakistan to be made national mapping agency: draft

The government has decided to make the Survey of Pakistan into a national mapping agency, according to the draft of a proposed bill. According to the draft bill, the government will detain for at least three months elements damaging the Survey of Pakistan
Published 14 Nov, 2012 12:00am