News Archives for Print - 2013-03-09

Print - 2013-03-09

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (March 08, 2013).

Published 09 Mar, 2013 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 Friday (March 08, 2013).

Published 09 Mar, 2013 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 Friday (March 08, 2013).

Published 09 Mar, 2013 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 Friday (March 08, 2013).

Published 09 Mar, 2013 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (March 08, 2013).

Published 09 Mar, 2013 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (March 08, 2013).

Published 09 Mar, 2013 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 Friday (March 08, 2013).

Published 09 Mar, 2013 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (March 08, 2013).

Published 09 Mar, 2013 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (March 08, 2013).

Published 09 Mar, 2013 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 09 Mar, 2013 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 09 Mar, 2013 12:00am

Karachi interbank rates

Karachi interbank rates on Friday (March 08, 2013).

Published 09 Mar, 2013 12:00am

New York cotton

The fluctuations observed during the day:

Published 09 Mar, 2013 12:00am

New York cotton

The fluctuations observed during the day:

Published 09 Mar, 2013 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 09 Mar, 2013 12:00am

Foresight in Bridge

All Bridge problems need one vital ingredient for resolving them: that is foresight. This is an integral part of a Bridge player's repertoire. Without it, he would never be in a position to wriggle out when placed in a tight corner. Nor will he be able to

Published 09 Mar, 2013 12:00am

ART FACTS: Exploration of forms and images

Keen observation and eagerness for experimentation took Rashid Rana to a world of exploration of forms and images. The multiple medium visual arts consists various new mediums - digital photography and videos other than painting and installations. In an u

Published 09 Mar, 2013 12:00am

Cultural constraints towards empowerment

Sole objective of celebrating women's day every year on March 8 is to build support for women's rights across the world. The day is a call for every woman to eliminate social obstructions in the way of their empowerment. This year's theme for Internationa

Published 09 Mar, 2013 12:00am

KARACHI CHRONICLE: Women's activism not gaining steam

Looking over three decades of women's activism you see some impressive achievements. Without them, as one pioneer recently stated, there would have been no mainstreaming of women's issues, such as violence in all its forms, democracy, health care, discrim

Published 09 Mar, 2013 12:00am

Unending traffic woes

Karachites have numerous problems to face in their daily lives. The biggest concern is the chaotic traffic situation that has been endured by them for a very long time now. Traffic problems have plagued Karachi and are a menace in the common man's life du

Published 09 Mar, 2013 12:00am

Conclave to elect new pope begins Tuesday

Cardinals from around the globe will hold a conclave in the Sistine Chapel from next Tuesday to elect a new leader of the world's 1.2 billion Catholics, after "pope emeritus" Benedict XVI's historic resignation. Cardinals will first celebrate a "Pro Elige

Published 09 Mar, 2013 12:00am

Zimbabwe police charge top rights activist

Zimbabwe police charged a top rights activist with a litany of offences Friday, her lawyer said, deepening an apparent government crackdown just days before Zimbabweans vote on a new constitution. "Police have charged her for allegedly operating an unregi

Published 09 Mar, 2013 12:00am

Brazil likely won't have new jets for World Cup

Brazilian President Dilma Rousseff has again delayed choosing a provider for 36 new Air Force jets, meaning the country likely won't have any next-generation fighters available for security when it hosts the World Cup soccer tournament next year. The Air

Published 09 Mar, 2013 12:00am

Ali Larayedh, moderate Islamist set to head new Tunisia government

Ali Larayedh, the Islamist politician set to become Tunisia's next prime minister after announcing a new government line-up on Friday, is seen as a moderate and a man of dialogue but failed to forge a broad coalition. Larayedh vowed to head a government "

Published 09 Mar, 2013 12:00am

Tense Kenya presidential vote count enters final stretch

Presidential frontrunner Uhuru Kenyatta held the lead as the vote count in Kenya's election entered the final stretch on Friday and he battled to avoid a second round in a closely-fought race mired in allegations of fraud. With less than a fifth of consti

Published 09 Mar, 2013 12:00am

Morocco judge suspended for forcing mechanic to kiss shoes

Moroccan authorities suspended a judge after he forced a mechanic who had not repaired his car on time to kiss his shoes, Justice Minister Mustapha Ramid told AFP on Friday. "After the prosecutor in Meknes (central Morocco) prepared a detailed report, we

Published 09 Mar, 2013 12:00am

China says Dalai Lama rewarding self-immolators with money

A Chinese official accused exiled Tibetan spiritual leader the Dalai Lama on Friday of providing money to encourage people to set themselves on fire, and said they had evidence to prove the Nobel Peace Prize laureate was instigating the self-immolations.

Published 09 Mar, 2013 12:00am

Libya TV channel owner, former director held after attack

The owner and former director of a private Libyan television seized by gunmen in a raid on the channel's headquarters were being held in an unknown location on Friday, the station said. Unknown assailants stormed the building of Alassema TV on Thursday, a

Published 09 Mar, 2013 12:00am

Franz Liszt letters to go under hammer in Geneva

A collection of 14 letters written by 19th-century Hungarian composer Franz Liszt go under the hammer in Switzerland next week, shedding light on his ties with his musical peers and his ire at cultural ignorance. The letters, put on public display Friday

Published 09 Mar, 2013 12:00am

Peres sees Obama's visit as time to relaunch peace process

US President Barack Obama's upcoming trip to Israel is a "good occasion" to relaunch the stalled Middle East peace process, Israeli President Shimon Peres said on Friday. Obama is due in Israel at the end of this month on a trip that will also see him tra

Published 09 Mar, 2013 12:00am

No change on grain market

According to the press release of the Grain Merchant Group not a single change seen on the wholesale grain and oilseeds market on Friday.

Published 09 Mar, 2013 12:00am

Soya export premiums rise at US Gulf Coast

Soyabean export premiums at the US Gulf Coast surged on Thursday as persistent delays in getting Brazilian crops to overseas buyers fuelled demand for US supplies, traders said. FOB offers for soyabeans delivered in April rose by 21 cents per bushel, whil

Published 09 Mar, 2013 12:00am

EU wheat futures fall at eight-month low

European wheat futures extended losses on Thursday to hit an eight-month low as signs of a recovery in global supply continued to dampen prices. A near nine-month low for US wheat at the previous close in Chicago increased technical pressure on Paris futu

Published 09 Mar, 2013 12:00am

Indian gold importers wait for attractive price levels

Gold importers in India, the world's biggest buyer, waited for attractive price levels ahead of the wedding season next month, as a stronger rupee weighed on the yellow metal. Weddings and festivals season will re-start in April and continue until the fir

Published 09 Mar, 2013 12:00am

Brazil cuts 2012-13 soya crop outlook

Brazil's government cut 1.3 million tonnes, or 1.6 percent, off its forecast for the 2012/13 soyabean crop on Thursday, citing too little rain in parts of the south in January and too much rain in the top soya state Mato Grosso in February. Brazil is stil

Published 09 Mar, 2013 12:00am

Bangladesh not to buy sugar in 2012-13

Bangladesh's state purchasing agency will not buy any sugar from international markets in the year to June, on rising output and good stocks of the sweetener, a senior official said on Thursday. In the last fiscal year that ended in June 2012, the Sugar a

Published 09 Mar, 2013 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 100,353 tonnes of cargo comprising 59,585 tonnes of import cargo and 40,768 tonnes of export cargo including 3,268 loaded and empty containers during the last 24 hours ended at 0700 hours on Friday. The total import cargo of 59,58

Published 09 Mar, 2013 12:00am

Spot rate further higher on cotton market

Spot rate maintained a rising trend on the cotton market on Friday, at the same time the ginners started raising asking prices amid short supply of fine quality, dealers said. The official spot rate went up by Rs 100 to Rs 6,700, they said. Thus, showing

Published 09 Mar, 2013 12:00am

Indian sugar futures steady

Indian sugar futures were steady as support from demand improvement was offset by high stocks. Demand for sugar from ice-cream and beverage makers typically rises during the summer season. As of 1026 GMT, the key April sugar contract on the National Commo

Published 09 Mar, 2013 12:00am

Ivorian October-January cocoa product exports down

Exports of semi-finished cocoa products from Ivory Coast totalled 114,156 tonnes from October to January of the 2012/13 cocoa season, down 3.4 percent compared with the previous season, provisional port data showed on Thursday. The cocoa marketing season

Published 09 Mar, 2013 12:00am

No bonus gives Nokia boss 45 percent paycut

Nokia, once the world's biggest mobile phone maker, said Thursday chief executive Stephen Elop received no bonus in 2012 when the company posted huge losses, reducing his overall payslip by 45 percent. According to Nokia's annual report filed to US stock

Published 09 Mar, 2013 12:00am

Rise in US household debt hints at end of deleveraging

US household debt grew at its fastest pace since early 2008 in the fourth quarter of last year, a possible sign that the painful process of paring back borrowing in the aftermath of the financial crisis may have run its course. Household debt rose at a 2.

Published 09 Mar, 2013 12:00am

Canada's employment jumps but economic growth still seen slow

Canada's job market once again beat expectations to post strong gains in February, but few were predicting an economic comeback just yet after the slowest two quarters of growth since the 2008-09 recession. Employment rebounded from January's losses with

Published 09 Mar, 2013 12:00am

Google to cut 10 percent of Motorola workforce

Google's Motorola Mobility unit will lay off some 1,200 employees, or more than 10 percent of its workforce, the company said Friday. A Google spokesman confirmed a report in the Wall Street Journal on the latest cuts, which come on top of 4,000 layoffs a

Published 09 Mar, 2013 12:00am

Indian regulator halts settlements after mid-cap share sell-off

India's market regulator said on Friday it had halted the settlement of trades related to a steep sell-off in mid-cap shares last month as it investigates potential manipulation. Indian mid- and small-sized stocks slumped in the last week of February on s

Published 09 Mar, 2013 12:00am

Fitch downgrades Italy to 'BBB+' with negative outlook

The international ratings agency Fitch said Friday it had downgraded Italy's sovereign debt rating by one notch to "BBB+" from "A-" and added that the outlook was negative. Fitch pointed in particular to "the inconclusive results of the Italian parliament

Published 09 Mar, 2013 12:00am

Fitch downgrades Italy to 'BBB+' with negative outlook

Published 09 Mar, 2013 12:00am

Stagnating industry a blow to German recovery hopes

Following an unexpected drop in factory orders, news that German industrial output stagnated in January dealt another blow to hopes for a strong recovery in Europe's biggest economy, analysts said Friday. A day after data revealed that shrinking exports l

Published 09 Mar, 2013 12:00am

BP backs Shell in response to Platts on Brent reform

BP Plc has supported aspects of a proposal made by Royal Dutch Shell over reforming the benchmark price assessment for Brent crude, rather than those of pricing agency Platts. Oil companies and Platts want to boost the credibility of Brent, a benchmark fo

Published 09 Mar, 2013 12:00am

Switzerland refuses to void rich foreigners' tax rules

Switzerland's government on Friday rejected calls to axe special rules allowing rich foreigners resident in the country to pay less tax, saying the current system still raised crucial revenue. In a statement, the government said it had rejected demands by

Published 09 Mar, 2013 12:00am

McDonald's February sales fall less than feared

McDonald's Corp said February sales at established restaurants around the world fell less than expected, giving investors hope that new chief executive Don Thompson's strategy is paying off, and lifting shares to an 11-month high. Global sales at McDonald

Published 09 Mar, 2013 12:00am

McDonald's February sales fall less than feared

Published 09 Mar, 2013 12:00am

Hungarian economy still in recession

Hungary remained in recession in the last quarter of 2012, with the economy contracting for the fourth quarter in a row, data by the national statistics office (KSH) showed Friday. Gross domestic product (GDP) shrank by 0.9 percent from the previous quart

Published 09 Mar, 2013 12:00am

Mexico central bank cuts rates to record low

Mexico's central bank cut interest rates on Friday for the first time in nearly four years, taking borrowing costs to a new record low as policymakers bet they are winning the battle against inflation in Latin America's second-largest economy.

Published 09 Mar, 2013 12:00am

Carmakers think outside the box as electric dreams shatter

Carmakers are going back to the drawing board in the hunt for fuel-saving technologies as hopes that electric vehicles will be the silver bullet for CO2 emissions look increasingly forlorn. There is a growing awareness that conventional hybrids and slow-s

Published 09 Mar, 2013 12:00am

China's exports surge, supports recovery hopes

China's exports soared past forecasts to jump by a fifth in February from a year ago, a sign the country's modest economic revival is intact and suggesting global demand may also be on the mend. But underlining expectations that China's recovery is fragil

Published 09 Mar, 2013 12:00am

Sturdy US job gains offer bright sign for economy

US employers added a greater-than-expected 236,000 workers to their payrolls in February and the jobless rate fell to a four-year low, offering a bright signal on the economy's health. The data from the Labour Department on Friday showed the economy gaini

Published 09 Mar, 2013 12:00am

Australian shares up, New Zealand at all-time high

Australian shares rose 0.3 percent after a volatile start on Friday, led by miners as Chinese data supported investor sentiment ahead of the US non-farm payrolls due later in the day. New Zealand's benchmark NZX 50 index closed the session 0.5 percent or

Published 09 Mar, 2013 12:00am

Nikkei hits new 4-1/2 year high

Japan's Nikkei share average ended at a new 53-month high on Friday, as exporters and real estate shares rose helped by bullish US data, a weakening yen, and ongoing optimism aggressive easing will soon be adopted by the Bank of Japan's new leadership.

Published 09 Mar, 2013 12:00am

Friday's midday trade: strong jobs data takes Wall Street higher

US stocks edged higher on Friday on a much stronger-than-expected payrolls report, but gains were capped as investors sold some bank shares to book profits in the wake of the Federal Reserve's "stress tests" results. The Dow Jones industrial average hit y

Published 09 Mar, 2013 12:00am

Dow hits third straight intraday record high

US stocks closed modestly higher on Thursday, with the Dow ending at a record for a third straight day as jobless claims data pointed to a pick-up in the labour market's recovery a day before the closely watched payrolls report. The Dow and the S&P 500 we

Published 09 Mar, 2013 12:00am

Southeast Asian markets: Philippines, Indonesia at new peak

Southeast Asian stock markets ended firmer on Friday, taking cues from Asian peers, as gains in US stocks and forecast-beating Chinese exports data boosted investor sentiment for the region's risky assets. The Philippines, the region's best performer this

Published 09 Mar, 2013 12:00am

Treasuries remain down

US Treasuries prices fell for a fourth consecutive session on Thursday as a surprise drop in jobless claims added to signs of a strengthening labour market and raised hopes the world's largest economy was gaining steam.

Published 09 Mar, 2013 12:00am

Treasuries remain down

Published 09 Mar, 2013 12:00am

Hong Kong shares post weekly gains, outperform China

Hong Kong shares rose on Friday, nudging up both indexes for the week, with growth-sensitive counters buoyed by positive US jobless claims ahead of a monthly payrolls report later in the day and more China economic figures over the weekend.

Published 09 Mar, 2013 12:00am

Rosy US jobs data fuels Europe stock rally

European shares hit their highest level in 4-1/2 years on Friday after robust US jobs data fuelled expectations of a pick-up in global growth while central banks' keep policy supportive. The FTSEurofirst 300 index of top European shares closed 0.9 percent

Published 09 Mar, 2013 12:00am

Taiwan stocks climb

Taiwan stocks rose 0.7 percent to a more than two-week high on Friday, with financial shares leading the momentum. The main TAIEX index closed at 8,015.14, a level not seen since February 20. Banks surged 2.1 percent, while techs added 0.3 percent. The Ta

Published 09 Mar, 2013 12:00am

Indian shares hit one-month high

Indian shares rose to their highest close in about a month on Friday as lenders such as HDFC Bank gained on growing expectations the central bank will cut interest rates, while energy stocks advanced as the government sought to spend more on oil subsidies

Published 09 Mar, 2013 12:00am

FTSE boosted to fresh five-year highs by US jobs data

British equities set fresh 5-year peaks on Friday, posting their fourth successive weekly gain, after key US jobs data showed improvement in the world's top economy and leaving the door open to more stock gains. With FTSE 100 companies generating around a

Published 09 Mar, 2013 12:00am

Yuan rises

The yuan firmed on Friday after the central bank set the official midpoint guidance at its highest rate since mid-January, leading the exchange rate to end the week up 0.13 percent. Volumes were average, closing out at more than $12 billion, but volatilit

Published 09 Mar, 2013 12:00am

Indian rupee climbs

The Indian rupee rose to its highest in more than a week after gaining for a third consecutive session on Friday, helped by dollar sales by custodian banks and gains in the euro. The rupee gained 1.1 percent for the week, posting its best weekly gain sinc

Published 09 Mar, 2013 12:00am

Dollar climbs in Asia

The dollar surged to a 3-1/2-year high against the yen on Friday, with the near-term focus on whether US jobs data will fuel hopes for a further recovery in the US labour market. The euro eased versus the dollar but clung to the bulk of the gains made the

Published 09 Mar, 2013 12:00am

Dollar hits 3-1/2 year high vs yen in London

The dollar hit a 3-1/2-year high against the yen and rose versus a basket of currencies on Friday, buoyed by expectations of better US jobs data that would add to signs of recovery in the world's largest economy. Some market players said positive data wou

Published 09 Mar, 2013 12:00am

Early trade in New York: dollar hits 3-1/2 year high against yen

The dollar rallied to a fresh 3-1/2-year high against the yen and a three-month high against the euro on Friday, buoyed by a report showing US employers stepped up hiring in February, pushing the unemployment rate to a four-year low. Against the yen, the

Published 09 Mar, 2013 12:00am

Euro rallies as Draghi dampens easing view

The euro rallied on Thursday, posting its largest one-day gain in two months against the dollar, as European Central Bank President Mario Draghi gave no indication that the bank would cut interest rates further in the euro zone. The ECB, which kept intere

Published 09 Mar, 2013 12:00am

Australian dollar hits four-year high on yen

The Australian dollar rose to four-year highs against a sliding yen on Friday but failed to make any headway versus the greenback, which was well supported as markets positioned for a positive US jobs report. Higher bond yields in turn helped lift the Aus

Published 09 Mar, 2013 12:00am

Weaker yen weighs on won, Singapore dollar

The weakening yen pulled down the won on worry about reduced South Korean export competitiveness, and they dragged the Singapore dollar lower on a day most emerging Asian currencies barely changed before key US jobs data. The South Korean currency came un

Published 09 Mar, 2013 12:00am

Sterling slides to 2-1/2 year low

Sterling hit a fresh 2-1/2-year low against the dollar on Friday after strong US jobs numbers boosted faith that the US economy is recovering, taking its currency with it. The pound, meanwhile, is being hit by concerns that Britain may enter its third rec

Published 09 Mar, 2013 12:00am

Federer eyes first win of 2013 at Indian Wells

The Indian Wells Masters couldn't come at a better time for Roger Federer, a four-time champion in the California desert who is seeking his first tournament title of 2013. The Swiss great, seeded second in the first of the ATP's elite Masters events of th

Published 09 Mar, 2013 12:00am

Sangakkara feasts on Bangladeshi attack

Kumar Sangakkara smashed a superb 142 to put Sri Lanka on course for a big first-innings total in the opening Test against Bangladesh in Galle on Friday. The left-hander hit three sixes and 16 fours in his 31st Test hundred as Sri Lanka posted 361-3 at st

Published 09 Mar, 2013 12:00am

Misbah, Hafeez and other top players facing tax probe

Test and One-day captain Misbah-ul-Haq, along with some other leading players, will be investigated by the Federal Board of Revenue (FBR) for filing incomplete tax returns. A spokesman for the FBR on Friday said there were complaints of non-payment of ful

Published 09 Mar, 2013 12:00am

Tevez arrested for driving offence

Manchester City striker Carlos Tevez has been arrested on suspicion of driving while disqualified, police sources indicated Friday. Tevez, 29, was arrested on Thursday south of Manchester in Cheshire, the north-west English county where the Argentina forw

Published 09 Mar, 2013 12:00am

Rooney staying at United, says Ferguson

Manchester United manager Alex Ferguson on Friday dismissed suggestions Wayne Rooney could leave the club in the summer after being left out against Real Madrid in midweek. Ferguson preferred Danny Welbeck to Rooney, 27, for the Champions League last 16 s

Published 09 Mar, 2013 12:00am

Steyn, Morkel to miss first One-dayer

South Africa are likely to go into the first One-day international against Pakistan on Sunday without both their strike bowlers, Dale Steyn and Morne Morkel. Coach Gary Kirsten announced on Friday that Steyn will only join up with the squad before the sec

Published 09 Mar, 2013 12:00am

Spurs lift Brits' Euro gloom after Chelsea sink

Gareth Bale boosted his sky-rocketing profile with one of the goals which helped Tottenham shock Inter Milan 3-0 on Thursday and help lift Britain's European gloom. Bale, with his 21st of the season, Gylfi Sigurdsson and Jan Vertonghen were all on target

Published 09 Mar, 2013 12:00am

Rutherford steers New Zealand to take a commanding lead

A superb 171 on debut from Hamish Rutherford steered New Zealand to a commanding first innings lead over England on the third day of the opening Test at University Oval on Friday. Rutherford, 23, posted the seventh highest debut in Test history as he carv

Published 09 Mar, 2013 12:00am

Iran accuses UN rights investigator of taking US bribe

An Iranian official has accused the United Nations special rapporteur on human rights in the Islamic Republic of receiving bribes from the United States, a news agency reported on Friday. In a report last month, the investigator Ahmed Shaheed said Iran ha

Published 09 Mar, 2013 12:00am

France, Israel for stronger sanctions on Iran

Sanctions on Iran over its contested nuclear programme are biting but need to be strengthened further, French President Francois Hollande and his Israeli counterpart Shimon Peres said on Friday. Western powers suspect Iran's nuclear programme to be a cove

Published 09 Mar, 2013 12:00am

Bulgaria admits failing to save thousands of Jews

Bulgaria's parliament for the first time admitted Friday failing to save over 11,000 Jews from territories under its control as it commemorated the start of deportations 70 years ago. Bulgaria, an ally of Nazi Germany during World War II "refused the depo

Published 09 Mar, 2013 12:00am

Syrian shelling prevents handover of UN hostages; 74 killed

A UN convoy attempting to pick up 21 Filipino peackeepers that their Syrian rebel captors had agreed to free was forced back by a barrage of army shelling on Friday, a watchdog said. In New York, UN peacekeeping chief Herve Ladsous said the village where

Published 09 Mar, 2013 12:00am

Iraqi minister quits after protester killed

Iraqi Agriculture Minister Ezzedine al-Dawleh resigned on Friday after a protester was killed in the north, the second minister from the Sunni-backed Iraqiya bloc to quit this month. "I stand in front of my people... in Nineveh and I announce that I resig

Published 09 Mar, 2013 12:00am

Thousands march in Egypt's Port Said over deaths

Thousands of Egyptians packed the streets of the Suez Canal city of Port Said on Friday in protest at the deaths of local people in clashes with police and before a court decision in a contentious football riot case. Violence has flared in Port Said since

Published 09 Mar, 2013 12:00am

Brennan sworn in on Washington's draft of Constitution

New CIA director John Brennan on Friday was sworn into office using an original draft copy of the US Constitution, marked up by George Washington, in a show of commitment to the rule of law. Brennan made the gesture as scrutiny swirls around the CIA over

Published 09 Mar, 2013 12:00am

North Korea scraps peace pacts as sanctions toughened

An enraged North Korea responded to new UN sanctions with fresh threats of nuclear war Friday, vowing to scrap peace pacts with South Korea as it upped the ante yet again after its recent atomic test. Pyongyang is renowned for its bellicose rhetoric, but

Published 09 Mar, 2013 12:00am

Palestinians clash with Israeli forces

Clashes broke out between Israeli security forces and Palestinian protesters in the occupied West Bank and at a holy site in Jerusalem on Friday as tensions rose just weeks before a visit by US President Barack Obama. Trouble broke out after the funeral i

Published 09 Mar, 2013 12:00am

Leaders from Cuba to Iran honour Chavez

Iran's Mahmoud Ahmadinejad and Cuba's Raul Castro joined about 30 other heads of state at Friday's funeral for Hugo Chavez in an emotional farewell to the charismatic but divisive Venezuelan leader who changed the face of politics in South America. Chavez

Published 09 Mar, 2013 12:00am

US Defence Secretary Hagel in Kabul on surprise visit

New US Defence Secretary Chuck Hagel landed in Afghanistan on Friday on an unannounced visit nine days after he was sworn into office, vowing to ensure a successful withdrawal of international troops. Hagel arrived in Kabul as the US-led military coalitio

Published 09 Mar, 2013 12:00am

New York cotton falls on price correction, ends longest rally in a month

Cotton declined for the first time in eight sessions on Thursday, stemming its longest series of daily gains in over a month, on a price correction in the technically-overbought market. The most-active May cotton contract on ICE Futures US slid 0.74 cent,

Published 09 Mar, 2013 12:00am

Shanghai copper rises

The most-traded June copper contract on the Shanghai Futures Exchange rose 0.59 percent to close at 56,740 yuan ($9,100) a tonne on Friday. "China's trade data will be very messy due to the Lunar New Year distortion. Non-farm payrolls is the big thing tod

Published 09 Mar, 2013 12:00am

Copper declines

Copper fell on Friday due to a stronger dollar, bucking a trend in surging global equities markets as commodities investors worried about increasing supply of the metal and lower demand. China's commodity imports were surprisingly weak in February, fallin

Published 09 Mar, 2013 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Petrol/Litre / Nov 16	248.38
Karachi Cotton PKR/37.32 KG / Nov 16	18,085

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 16 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 16 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 16 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 16 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 16 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 16 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 16 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 16 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 16 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular