News Archives for Print - 2013-03-12

Print - 2013-03-12

US treasuries bid yields

US treasuries bid yields on Monday (March 11, 2013).

Published 12 Mar, 2013 12:00am

IP pipeline project: groundbreaking held

The presidents of Iran and Pakistan on Monday inaugurated the construction of a much-delayed section of a $7.5 billion 42-inch diameter gas pipeline linking the two neighbours, Iranian media reported. The project was launched at a ceremony on the Iran-Pak

Published 12 Mar, 2013 12:00am

US treasuries bid yields

US treasuries bid yields on Monday (March 11, 2013).

Published 12 Mar, 2013 12:00am

EU offers observers for historic elections

The European Union on Monday offered to send observers to Pakistan's historic elections to be held in May in a bid to ensure a peaceful, credible vote that will be acceptable to all. Talking to Business Recorder on Council of the European Union's m

Published 12 Mar, 2013 12:00am

US treasuries bid prices

US treasuries bid prices on Monday (March 11, 2013).

Published 12 Mar, 2013 12:00am

EU offers observers for historic elections

Published 12 Mar, 2013 12:00am

US treasuries bid prices

US treasuries bid prices on Monday (March 11, 2013).

Published 12 Mar, 2013 12:00am

Caretaker PM: Nisar dispatches letter to Prime Minister

Leader of the opposition in National Assembly Chaudhry Nisar Ali Khan on Monday formally forwarded three names to Prime Minister Raja Pervez Ashraf as possible candidates for the slot of the caretaker prime minister. Through a letter in response to the pr

Published 12 Mar, 2013 12:00am

US treasuries bid prices

US treasuries bid prices on Monday (March 11, 2013).

Published 12 Mar, 2013 12:00am

Caretaker PM: Nisar dispatches letter to Prime Minister

Published 12 Mar, 2013 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (March 11, 2013).

Published 12 Mar, 2013 12:00am

ECP orders printing of nomination form

The Election Commission of Pakistan (ECP) on Monday issued directives for printing of proposed nomination form without waiting for the approval of the President. According to an official of the Commission, the Representation of Peoples Act empowers the co

Published 12 Mar, 2013 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Monday (March 11, 2013).

Published 12 Mar, 2013 12:00am

ECP orders printing of nomination form

Published 12 Mar, 2013 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (March 11, 2013).

Published 12 Mar, 2013 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (March 11, 2013).

Published 12 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 Monday (March 11, 2013).

Published 12 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 Monday (March 11, 2013).

Published 12 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 Monday (March 11, 2013).

Published 12 Mar, 2013 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Monday (March 11, 2013).

Published 12 Mar, 2013 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Monday (March 11, 2013).

Published 12 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 Monday (March 11, 2013).

Published 12 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 Monday (March 11, 2013).

Published 12 Mar, 2013 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (March 11, 2013).

Published 12 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 12 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 12 Mar, 2013 12:00am

Karachi interbank rates

Karachi interbank rates on Monday (March 11, 2013).

Published 12 Mar, 2013 12:00am

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 12 Mar, 2013 12:00am

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 12 Mar, 2013 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 12 Mar, 2013 12:00am

Fauji Fertiliser Company Limited

Fauji Fertiliser Company Limited (FFC) was incorporated on May 08, 1978 as a joint venture between Fauji Foundation (FF) of Pakistan and M/s Haldor Topsoe A/S of Denmark. FF holds 44% share of the company. FFC was established to fill the gap between deman

Published 12 Mar, 2013 12:00am

CFO - Architect of the future challenges

It is not the strongest of the species that survives, nor the most intelligent ... it is the one that is the most adaptable to change. Charles Darwin's famous dictum has long applied not only in the natural world but also in the corporate one. As the fina

Published 12 Mar, 2013 12:00am

Message from Senior Technical Manager, International Federation of Accountants (IFAC)

In the light of the economic turn Risk planningis an increasingly important and complex role for today's CFO.it'svital for CFOs to have a thorough understanding and appreciation of where the risks lie in business, risk appetite and strategies to mitigate

Published 12 Mar, 2013 12:00am

Message from Vice President - South ICAP

A decade ago, the overwhelming focus of most CFOs was getting the basic financial processes and control frameworks right, and ensuring that the businesses had access to capital. Most CFOs spent relatively little time developing corporate strategy, or deal

Published 12 Mar, 2013 12:00am

Message from President, Institute of Chartered Accountants of Pakistan

Today few roles can rival the CFOs in terms of breadth, influence and profile. Indeed, the CFO is now arguably the most influential role in an organization, particularly at a time when economic uncertainty continues to cause unpredictable demand, capital

Published 12 Mar, 2013 12:00am

Tunisia will import 1.5 million tonnes of grain in 2013

Tunisia will import 1.5 million tonnes of grain this year, and current stocks are enough for another two months, Tunisia's state Grains Agency said on Monday. "Tunisia needs to import 1.5 million tonnes of soft, durum wheat and barley", director of supply

Published 12 Mar, 2013 12:00am

Makai prices soar on grain market

Makai prices sharply higher on the wholesale grain market on Monday in the process of modest trading, dealers said. On the cereals side, Makai low type was up by Rs 140 to Rs 2815 and the best variety was higher by Rs 175 to Rs 2875, other commodity items

Published 12 Mar, 2013 12:00am

Oil cake market rates

The March vaida was higher and the May contract was unchanged on the forward cotton seeds oilcake market on Monday in the process of trading, dealers said. The March vaida ended at Rs 905.50, it opened with a gain of 60 paisa at Rs 906.1 in the morning se

Published 12 Mar, 2013 12:00am

Subdued business on cotton market

Small business was seen on the cotton market on Monday as mills and spinners kept on the sideline due to higher prices, dealers said. The official spot rate was unchanged at Rs 6,750, they said. Rates of seed cotton in Sindh were unchanged at Rs 2,400-3,1

Published 12 Mar, 2013 12:00am

Indian soyabeans hit six-month high; chana down

Indian soyabean futures jumped on Monday to their highest level in nearly six months as dwindling supplies boosted spot prices, prompting soyameal exporters to hedge their risk at the futures platform. Rapeseed futures rose on thin supplies, while soyaoil

Published 12 Mar, 2013 12:00am

Russian wheat prices continue to fall

Russia's domestic wheat prices continue to decline, ruling out imports of wheat from Ukraine, which may decide to make wheat available from April, Russia's SovEcon agriculture analysts said on Monday. The Russian wheat market has been stretched by last ye

Published 12 Mar, 2013 12:00am

Vietnam coffee prices rise over three percent

Coffee prices in Vietnam, the world's top producer of robusta, rose more than 3 percent from late last week to 45,500 dong ($2.17) per kg on Monday, the highest since September 2011 and almost on a par with London's futures prices, traders said. Higher pr

Published 12 Mar, 2013 12:00am

Saudi Arabia to buy more soft wheat

Saudi Arabia will buy more soft wheat of 11-12.5 percent protein in its next tender but has not yet decided what quantity to order, an official at its Grains and Silos Flour Management Organisation (GSFMO) said on Monday. The kingdom abandoned its policy

Published 12 Mar, 2013 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 282,153 tonnes of cargo comprising 147,075 tonnes of import cargo and 135,078 tonnes of export cargo including 5,554 loaded and empty containers during the last 48 hours ended at 0700 hours on Monday. The total import cargo of 147

Published 12 Mar, 2013 12:00am

European wheat rises from eight-month low

European wheat futures rose on Monday, recovering from an eight-month low, as a rally in corn and bullish export prospects encouraged the wheat market to look beyond bearish supply estimates from the US government. Benchmark May milling wheat on the Paris

Published 12 Mar, 2013 12:00am

BoJ nominee vows swift action as orders data disappoints

The Japan government's choice to lead the country's central bank promised on Monday to move quickly to implement fresh monetary stimulus to lift the struggling economy, a case underlined by a surprisingly sharp drop in a gauge of capital investment.

Published 12 Mar, 2013 12:00am

BoJ nominee vows swift action as orders data disappoints

Published 12 Mar, 2013 12:00am

Spain will not merge nationalised banks

Spanish Economy Minister Luis de Guindos rejected merging Spain's three fully nationalised banks after an auction attempt failed, and as the government seeks a way to privatise them by an EU-imposed deadline of 2017. Spain has been looking into a full or

Published 12 Mar, 2013 12:00am

Italy may delay stability plan due to politics

Italy may miss an end-of-April deadline to present a annual programme of reforms and fiscal consolidation to European authorities if it cannot form a government in time to sign off on its plans, an Italian diplomat said on Monday. Italian elections on Feb

Published 12 Mar, 2013 12:00am

Kazakhstan eyes expanding capacity of oil pipeline to China

Kazakhstan hopes to start working on further pipeline capacity expansion to China this year, the head of its oil pipeline monopoly said on Monday, a move that would weaken Russia's position in the Central Asian crude market. Kairgeldy Kabyldin, the chief

Published 12 Mar, 2013 12:00am

China's 2013 inflation seen around three percent

China's consumer price inflation is forecast to be around 3 percent in 2013, the price monitoring unit of the country's top economic planning agency, the National Development & Reform Commission, said on Monday. For the first quarter, consumer prices are

Published 12 Mar, 2013 12:00am

Icahn says Dell agrees to confidential look at books

Dell Inc has agreed to give Carl Icahn a closer look at its books less than a week after the activist investor joined a growing chorus of opposition to founder Michael Dell's plan to take the world's No 3 personal computer maker private. Dell shares rose

Published 12 Mar, 2013 12:00am

General Electric warns political uncertainty could hit capital spending

Political uncertainty in the United States could prompt Corporate America to throttle back on capital spending, the chief executive of General Electric Co warned in his annual letter to shareholders. "The US faces more major 'political storms' this year:

Published 12 Mar, 2013 12:00am

Dubai index rises to one-week high

Dubai's measure rose to a one-week high on Monday, extending gains as investors flocked to property stocks while all other regional markets also gained. Dubai's Emaar Properties, the exchange's largest listed stock by market value, rose 1.6 percent to a f

Published 12 Mar, 2013 12:00am

Nikkei average at 4-1/2-year high

The Nikkei share average closed at a 4-1/2-year high on Monday as investors bought financials and exporters after the yen weakened on signs of recovery in the US economy, while hopes for monetary easing aided risk appetites. The Nikkei closed up 0.5 perce

Published 12 Mar, 2013 12:00am

Monday's midday trade: Wall Street up, S&P 500 at highest level since October 2007

Wall Street inched higher on Monday as earlier weakness prompted some buying and investors pushed the S&P 500 to its highest intraday level since October 2007. By midday, the Dow Jones industrial average and the S&P 500 were trading in positive territory,

Published 12 Mar, 2013 12:00am

Taiwan stocks at near one-year high

Taiwan stocks rose 0.3 percent to a near one-year closing high on Monday, led by gains in AU Optronics and Innolux. The main TAIEX index advanced 23.58 points to 8,038.72, a level not seen since March 2012. Innolux and AU, the world's No 3 and No 4 flat p

Published 12 Mar, 2013 12:00am

Indian shares snap four-day rising streak

Indian shares snapped a four-session gaining streak on Monday as technology stocks fell on profit-booking, while automakers dropped after an industry body said car sales in India posted their biggest monthly slump in more than 12 years. Stocks sensitive t

Published 12 Mar, 2013 12:00am

South East Asian markets mixed

Southeast Asian stock markets ended mixed on Monday, with Indonesia retreating from last week's record high ahead of a market holiday, while Malaysia posted modest gains as foreign investors continued to buy into the laggard market. Jakarta's Composite In

Published 12 Mar, 2013 12:00am

Patchy economic data pinches China shares, leaves Hong Kong flat

China shares posted a third-straight daily loss in weak Monday trading, flattening Hong Kong gains, after patchy economic data over the weekend spawned doubts that earnings will recover for Chinese companies. A flight to earnings safety prodded shares of

Published 12 Mar, 2013 12:00am

Banks halt European share rally

Banking stocks held European shares below 4-1/2 years highs on Monday as investors fretted about Italy's public finances, even though a late recovery showed underlying appetite for equities. The STOXX euro zone banking index shed 0.8 percent as Friday's d

Published 12 Mar, 2013 12:00am

South Korean shares slip

Seoul shares slipped on Monday, weighed down by auto shares over concerns about their export competitiveness after the Japanese yen hovered near multi-year lows against the dollar. Losses were capped, though, by institutional buying on improving economic

Published 12 Mar, 2013 12:00am

Australian shares hit fresh 4-1/2 year highs

Australian shares rose 0.5 percent on Monday led by financials as Wall Street set record highs last week, but weaker metal prices hit mining companies. Blue chip miners BHP Billiton Ltd and Rio Tinto Ltd dropped 0.8 percent and 2 percent respectively as m

Published 12 Mar, 2013 12:00am

FTSE scales five-year highs

British equities rose to five-year highs on Monday, with a rally on Wall Street eclipsing concerns about political uncertainty in the euro zone and helping the FTSE 100 close above the key 6,500 points mark. The UK blue-chip index closed up 20.05 points o

Published 12 Mar, 2013 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 78.70-78.71 (78.75-78.75). Call Money Rates: 07.00-07.50 percent (previous 06.00-07.75 percent.

Published 12 Mar, 2013 12:00am

Indian rupee falls

The Indian rupee fell on Monday, retreating from an over one-week high hit earlier in the session, as relief from domestic trade data showing a rise in exports failed to offset the global strength in the dollar after a stronger-than-expected US jobs data.

Published 12 Mar, 2013 12:00am

Dollar hovers near 3-1/2-year high versus yen in Asia

The dollar hovered near a 3-1/2-year high against the yen and held an upper hand against other major currencies on Monday after remarkable growth in US employment added to optimism over recovery in the world's largest economy. US employers added more-than

Published 12 Mar, 2013 12:00am

Early trade in New York: dollar strengthened

The dollar held near a 3-1/2-year high against the yen and was little changed against the euro on Monday after last week's stronger-than-expected US jobs growth fuelled speculation the Federal Reserve could back off its ultra-loose monetary policy sooner

Published 12 Mar, 2013 12:00am

Dollar holds firm on brighter US economic outlook

The dollar steadied near a 3-1/2-year high against the yen and held firm against other major currencies on Monday on increasing optimism about the strength of the US economic recovery. Encouraging US employment data has fuelled speculation the Federal Res

Published 12 Mar, 2013 12:00am

Won leads Asia FX losses

The South Korean won hit a near five-month low against the dollar on Monday, leading losses among emerging Asian currencies, as the greenback broadly rose after stronger-than-expected US jobs data. Regional units also eased after weekend data showed China

Published 12 Mar, 2013 12:00am

Australian and kiwi struggle

The Australian and New Zealand dollars lost ground to a broadly firmer US dollar on Monday in the wake of surprisingly strong US labour data, but held near 2008 peaks versus the yen on growing expectations of aggressive easing in Japan. The Aussie was pin

Published 12 Mar, 2013 12:00am

Yuan ends weaker

China's yuan edged down against the dollar on Monday after the greenback gained in global markets in response to strong US job growth and mixed economic data from China. Spot yuan closed at 6.2181 per dollar, down 0.05 percent from Friday's close. The spo

Published 12 Mar, 2013 12:00am

Sterling hits 2-1/2 year low versus dollar

Sterling fell to a 2-1/2 year low against the dollar on Monday as hedge funds and long-term investors sold the pound, which they see as susceptible to more weakness given contrasting outlooks for the British and US economies. While strong US jobs numbers

Published 12 Mar, 2013 12:00am

Under-par Barca's Euro hopes on the line

After a record-breaking start to the season Barcelona have suffered a dip in form and face a stern test of their Champions League credentials against AC Milan on Tuesday night as they look to overturn a 2-0 first leg defeat to progress to the quarter-fina

Published 12 Mar, 2013 12:00am

Australia starts to break all-white mould

As Australian cricket struggles to recapture former glories, the sport's chiefs are painfully aware of the need to widen the net to reflect the country's burgeoning cultural diversity. While rugby, Australian Rules and soccer have embraced the country's m

Published 12 Mar, 2013 12:00am

Ronaldo double sees Madrid past Celta Vigo

Real Madrid registered their sixth consecutive victory in all competitions as two goals from Cristiano Ronaldo led them to a 2-1 win over Celta Vigo. Despite dominating for long spells in the first-half, Madrid couldn't find a way past Celta goalkeeper Ja

Published 12 Mar, 2013 12:00am

We've low batting standards, says Zaheer Abbas

Many players playing for a long time for Pakistan have set low standard of scoring, which was the reason that Pakistan succumbed to South Africa in the first ODI by 125 runs, feels former Test cricketer Zaheer Abbas. "There are many players in the team, w

Published 12 Mar, 2013 12:00am

Green-shirts can qualify for final: Shahnaz Sheikh

Pakistan's former hockey Olympian Shahnaz Sheikh on Monday said that Pakistan could qualify for the final of Azlan Shah Cup even after a 6-0 thrashing from Aussies on Sunday. "Pakistan could beat India as the team is struggling and has not been in good fo

Published 12 Mar, 2013 12:00am

History-making Rahim leads Bangladesh run-spree

Mushfiqur Rahim on Monday became the first Bangladeshi to crack a double-century while Nasir Hossain hit a maiden ton as the tourists gained a 68-run lead in the first Test against Sri Lanka. Skipper Rahim hit a solid 200 and Hossain an impressive 100 as

Published 12 Mar, 2013 12:00am

New Zealand 'moral victors' in first Test

The Black Caps can claim a moral victory in the drawn first Test against England but must maintain consistency to confirm their re-emergence in the Test arena, New Zealand media said Monday. New Zealand went into the Test in Dunedin as underdogs after bei

Published 12 Mar, 2013 12:00am

Djokovic scrambles into third round

Novak Djokovic passed a tough first test at Indian Wells on Sunday to maintain his perfect record for the season and reach the third round of the year's first Masters tournament. The world No 1 defeated Fabio Fognini 6-0, 5-7, 6-2, the struggles he encoun

Published 12 Mar, 2013 12:00am

Promotions in FBR

The Federal Board of Revenue has promoted 25 Grade-20 officers of Inland Revenue Service to the post of Grade-21 and 86 officers of Inland Revenue Service and Pakistan Customs Service from Grade-19 to Grade-20 with immediate effect. According to a notific

Published 12 Mar, 2013 12:00am

Badamibagh arson attack: 35 accused presented before ATC

Police on Monday presented 35 suspects in Badamibagh arson attack case before an Anti-Terrorist Court (ATC) amid tight security. The suspects were presented before ATC No 3 judge Iran Saeed. A large number of relatives of the accused also gathered outside

Published 12 Mar, 2013 12:00am

PML-N blocks government move to pass two important bills

Pakistan Muslim League-Nawaz (PML-N) Monday blocked an apparent move of the government to pass two important pieces of legislations - the Tax Laws (Amendment) Bill 2012 and the Constitution (23rd Amendment) Bill, 2012, pointing out the lack of quorum in t

Published 12 Mar, 2013 12:00am

Sheerazi brothers join PPP

Influential Sheerazi brothers of Thatta on Monday announced their decision to join the Pakistan Peoples' Party (PPP). Ayaz Sheerazi is a member of National Assembly while Shah Hussain Sheerazi is Sindh Assembly's member. In addition, MPA Muhammad Ali Malk

Published 12 Mar, 2013 12:00am

NRO implementation case: NAB counsel asked to complete arguments today

The Supreme Court of Pakistan on Monday directed the counsel for National Accountability Bureau (NAB) to complete his arguments in the National Reconciliation Ordinance (NRO) implementation case by today (Tuesday).

Published 12 Mar, 2013 12:00am

Treasury dismayed at lack of quorum

The proceedings of National Assembly on Monday began with severe criticism to provincial government of Pakistan Muslim League (N) for its inability to protect the minorities but ended abruptly in humiliation for the government to maintain quorum for passa

Published 12 Mar, 2013 12:00am

All Pakistan Shia moot reviews political scenario

A meeting of the central executive of the All Pakistan Shia conference held here on Monday under the chairmanship of Dr Ghazanfer Mehdi, Chairman of All Pakistan Shia Conference in which the political scenario of the country was reviewed. Dr Ghazanfar Meh

Published 12 Mar, 2013 12:00am

Uplift of dairy, poultry sectors: UVAS, Sharif Group sign MoU

The University of Veterinary and Animal Sciences (UVAS) Lahore and the Sharif Group of Companies signed a Memorandum of Understanding (MoU) to synergise their efforts for fast-track development of dairy and poultry sectors in the country. The MoU was sign

Published 12 Mar, 2013 12:00am

Senators for exemplary punishment to those misusing blasphemy law

As the condemnation of Badami Bagh incident is pouring in, lawmakers in the Senate on Monday called for giving exemplary punishment to those misusing the blasphemy law for their own vested interest. The lawmakers condemned the police and other law enforce

Published 12 Mar, 2013 12:00am

Probe into Badamibagh incident: National Assembly asks government to constitute judicial commission

The National Assembly on Monday expressed grave concern over the Badamibagh incident in Lahore, urging the government to constitute a judicial commission to probe into the incident and fix responsibilities. Through a resolution adopted unanimously, the ho

Published 12 Mar, 2013 12:00am

LCCI welcomes inauguration of IP gas pipeline project

The Lahore Chamber of Commerce and Industry (LCCI) has welcomed inauguration of Iran-Pakistan gas pipeline project and hoped that the project would proceed expeditiously. The LCCI President Farooq Iftikhar said here on Monday that the LCCI had already bee

Published 12 Mar, 2013 12:00am

Anti-polio drive in Fata to begin on March 23

Anti-polio drive will be launched on March 23 in the tribal areas of the country. However, the children in South and North Waziristan agencies would be deprived from the immunisation against the crippling disease due to security concerns.

Published 12 Mar, 2013 12:00am

Alibaba names new chief

Chinese online retail giant Alibaba on Monday named a new chief executive officer after high-profile founder Jack Ma said he would step down in May. Alibaba Group said in a statement Lu Zhaoxi, the current executive vice president and a 13-year veteran of

Published 12 Mar, 2013 12:00am

Halal food label withdrawn in Sri Lanka

Islamic clerics announced the withdrawal of a halal labelling system for food in Sri Lanka on Monday "in the interests of peace" after protests from Buddhist hard-liners on the Indian Ocean island. The All Ceylon Jamiyyathul Ulama (ACJU), Sri Lanka's main

Published 12 Mar, 2013 12:00am

EU bans sale of all comestics tested on animals

After years of trying, the EU finally put into effect Monday a complete ban on the sale of cosmetics developed through animal testing. The EU has progressively clamped down on animal testing since the 1990s and banned most such products in 2009, but it le

Published 12 Mar, 2013 12:00am

Banks struggle to securitise CVA

Banks are struggling to deal with the hefty capital requirements associated with their derivatives businesses under Basel III, causing many institutions to resort to the kind of structured credit transactions at the heart of the 2007-08 credit bubble in o

Published 12 Mar, 2013 12:00am

Banks struggle to securitise CVA

Published 12 Mar, 2013 12:00am

Bank of Italy tells banks to up bad debt coverage after audit

The Bank of Italy has told some of Italy's biggest banks to hike bad loans provisions after a sector audit showed they were vulnerable to defaults from small firms struggling in a deep recession, two senior banking sources told Reuters. The central bank i

Published 12 Mar, 2013 12:00am

Bank of Italy tells banks to up bad debt coverage after audit

Published 12 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

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