News Archives for Print - 2013-03-21

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (March 20, 2013).

Published 21 Mar, 2013 12:00am

The Election Commission of Pakistan (ECP) on Wednesday said that schedule for the forthcoming general election would be announced on March 23. A spokesman of the Commission said that the draft of election schedule had been prepared, which would be present

Published 21 Mar, 2013 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (March 20, 2013).

Published 21 Mar, 2013 12:00am

First day: Committee discusses 2 out of 4 names

The first meeting of the parliamentary committee for appointing caretaker Prime Minister on Wednesday discussed two names ie former Justice Mir Hazar Khan Khoso and Rasool Bux Palejo, nominated by the former ruling coalition and opposition, respectively.

Published 21 Mar, 2013 12:00am

US treasuries bid yields

US treasuries bid yields on Wednesday (March 20, 2013).

Published 21 Mar, 2013 12:00am

First day: Committee discusses 2 out of 4 names

The first meeting of the parliamentary committee for appointing caretaker Prime Minister on Wednesday discussed two names ie former Justice Mir Hazar Khan Khoso and Rasool Bux Palejo, nominated by the former ruling coalition and opposition, respectively.

Published 21 Mar, 2013 12:00am

US treasuries bid yields

US treasuries bid yields on Wednesday (March 20, 2013).

Published 21 Mar, 2013 12:00am

Nation will go to the polls on May 11

President Asif Ali Zardari on Wednesday set May 11, 2013 as the date for the forthcoming general election to the National Assembly. President's spokesperson Senator Farhatullah Babar said the President set the date as soon as the summary was received from

Published 21 Mar, 2013 12:00am

US treasuries bid yields

US treasuries bid yields on Wednesday (March 20, 2013).

Published 21 Mar, 2013 12:00am

Nation will go to the polls on May 11

President Asif Ali Zardari on Wednesday set May 11, 2013 as the date for the forthcoming general election to the National Assembly. President's spokesperson Senator Farhatullah Babar said the President set the date as soon as the summary was received from

Published 21 Mar, 2013 12:00am

US treasuries bid prices

US treasuries bid prices on Wednesday (March 20, 2013).

Published 21 Mar, 2013 12:00am

US treasuries bid prices

US treasuries bid prices on Wednesday (March 20, 2013).

Published 21 Mar, 2013 12:00am

US treasuries bid prices

US treasuries bid prices on Wednesday (March 20, 2013).

Published 21 Mar, 2013 12:00am

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 21 Mar, 2013 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (March 20, 2013).

Published 21 Mar, 2013 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Wednesday (March 20, 2013).

Published 21 Mar, 2013 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (March 20, 2013).

Published 21 Mar, 2013 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (March 20, 2013).

Published 21 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 Wednesday (March 20, 2013).

Published 21 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 Wednesday (March 20, 2013).

Published 21 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 Wednesday (March 20, 2013).

Published 21 Mar, 2013 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (March 20, 2013).

Published 21 Mar, 2013 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (March 20, 2013).

Published 21 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 Wednesday (March 20, 2013).

Published 21 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 Wednesday (March 20, 2013).

Published 21 Mar, 2013 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (March 20, 2013).

Published 21 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 21 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 21 Mar, 2013 12:00am

Karachi interbank rates

Karachi interbank rates on Wednesday (March 20, 2013).

Published 21 Mar, 2013 12:00am

New York cotton

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

Published 21 Mar, 2013 12:00am

New York cotton

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

Published 21 Mar, 2013 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 21 Mar, 2013 12:00am

US soyabean offers flat on weak demand

Soyabean export premiums at the US Gulf Coast were flat on Tuesday on slowing export demand as less expensive South American new-crop supplies flooded the market, traders said. Demand from top importer China was muted due to weakening crush margins at its

Published 21 Mar, 2013 12:00am

Argentine exports of soyaoil-based biodiesel fall: Oil World

Argentine exports of soyaoil-based biodiesel are falling sharply largely because of trade friction with the European Union and Argentina is instead exporting more soyaoil, Hamburg-based oilseeds analysts Oil World said on Tuesday. "Exports of biodiesel ar

Published 21 Mar, 2013 12:00am

Kenyan tea prices fall

The average price of Kenya's top grade of tea fell to $4.01 per kg at auction this week, from $4.22 at the last sale, weighed by sluggish demand for the crop, market participants said on Wednesday. The east African nation is the world's leading exporter o

Published 21 Mar, 2013 12:00am

Canadian canola futures rise

ICE Canadian canola futures rose on Tuesday for a fourth straight session, lifted by routine exporter buying and bucking pressure from weakness in soyabeans. Thin volumes allowed canola to rise on modest buying, with farmers not active sellers into the ca

Published 21 Mar, 2013 12:00am

EU wheat futures rise to one-month high

European milling wheat futures rose to a one-month high on Wednesday, boosted by a jump in Chicago futures and a break in Paris above a recent technical resistance level. But gains were capped by a rebound of the euro, whose fall had supported prices on T

Published 21 Mar, 2013 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 86,424 tonnes of cargo comprising 56,845 tonnes of import cargo and 29,579 tonnes of export cargo including 2,074 loaded and empty containers during the last 24 hours ended at 0700 hours on Wednesday. The total import cargo of 56,

Published 21 Mar, 2013 12:00am

Oil cake market rates

A rising trend was seen on the forward cotton seeds oilcake market on Wednesday in the process of trading, dealers said. The March vaida ended higher at Rs 906.50, it opened with a gain of 20 paisa at Rs 906.70 in the morning session, dealers said. The Ma

Published 21 Mar, 2013 12:00am

Spot rate sharply higher on cotton market

Official spot rate rose sharply amid tight supply position on the cotton market on Wednesday, dealers said. The official spot rate gained Rs 100 to Rs 6,900, they said. Rates of seed cotton in Sindh were inert at Rs 2400-3100 and in the Punjab prices were

Published 21 Mar, 2013 12:00am

Bangladesh tea prices fall

Tea prices in Bangladesh fell at auction on Wednesday despite strong buying interest as vendors sought to clear stocks in the final weekly sale of the season, brokers said. The average price of Bangladeshi tea fell to 178.89 taka ($2.28) per kg against 19

Published 21 Mar, 2013 12:00am

Mixed trend on grain market

Divergent trend witnessed on the wholesale grain market on Wednesday in the process of moderate trading, dealers said. Most of the changes were seen on the cereals side, where Makai prices improved after maintaining a firm trend for a long time, gaining R

Published 21 Mar, 2013 12:00am

India to sell part of stake in steel giant SAIL

India's government is to sell a stake in state-run steel giant SAIL, the steel ministry said on Wednesday, as part of an ambitious disinvestment plan to reduce the country's deficit. The government will sell a 5.82 percent stake, or 240.4 million shares,

Published 21 Mar, 2013 12:00am

Indian shares remain down

Indian shares fell for a fourth day to a two-week closing low on Wednesday on continued worries after a regional party withdrew from the ruling coalition, and due to lingering doubts about how aggressively the central bank will cut interest rates this yea

Published 21 Mar, 2013 12:00am

Wednesday's midday trade: Dow hits record intraday high

The Dow industrials hit a record intraday high on Wednesday as US stocks resumed their rise ahead of a statement from the Federal Reserve expected to reinforce the view that the Fed will keep a floor under the economy. The Fed looks set to sustain its $85

Published 21 Mar, 2013 12:00am

S&P stays down

The S&P 500 fell for a third day on Tuesday but pared losses late in the day after the parliament of Cyprus rejected a proposed tax on bank deposits. The proposed tax on savings in banks had been a condition of a European bailout. When the Cypriot parliam

Published 21 Mar, 2013 12:00am

Taiwan stocks lower

Taiwan stocks retreated 0.52 percent on Wednesday, with PC vendor Acer falling 1.1 percent after posting on Tuesday a bigger-than-estimated loss in the fourth quarter. The main TAIEX index fell 40.44 points to 7,798.03, after opening flat, with electronic

Published 21 Mar, 2013 12:00am

Treasuries climb

US Treasuries prices climbed on Tuesday as a plan in Cyprus to tax bank accounts to help pay for a bailout unravelled, creating uncertainty about the island country's financial future and reviving fears about the stability of the euro zone.

Published 21 Mar, 2013 12:00am

Treasuries climb

US Treasuries prices climbed on Tuesday as a plan in Cyprus to tax bank accounts to help pay for a bailout unravelled, creating uncertainty about the island country's financial future and reviving fears about the stability of the euro zone.

Published 21 Mar, 2013 12:00am

Australian shares fall

Australian shares closed 0.4 percent lower on Wednesday, clawing back losses on hopes the US Federal Reserve will stick to its stimulus policy. Both BHP Billiton and Rio Tinto fell to nearly four-month low, after Goldman Sachs cut its price targets on the

Published 21 Mar, 2013 12:00am

China shares have best day in two months, buoying Hong Kong gains

China shares jumped on their best day in more than two months on Wednesday, led by gains for the financial and real estate sectors as more clarity about fresh property curbs eased investor uncertainty and helped buoy the Hong Kong market. The CSI300 of th

Published 21 Mar, 2013 12:00am

European shares recover

European shares broke a three-day losing streak on Wednesday as investors bet on policymakers finding a fix for Cyprus' bailout problems, although some traders cautioned against buying up equities at current levels. The pan-European FTSEurofirst 300 index

Published 21 Mar, 2013 12:00am

Southeast Asian stocks mixed

Main Southeast Asian stocks ended weaker on Wednesday, led by Thailand on fears that the financial crisis in Cyprus could spread to other European countries after a bailout plan for the island nation fell into disarray. However, losses were capped by late

Published 21 Mar, 2013 12:00am

Seoul shares down

South Korean shares retreated on Wednesday with foreigners selling heavily for the fifth consecutive day, while the index widened its losses in the final minutes of trade amid reports of server outages at major broadcasters and a bank. The Korea Composite

Published 21 Mar, 2013 12:00am

Japanese markets closed

The stocks, financial and commodity markets in Japan were closed on Wednesday for a public holiday. The markets resume trading on Thursday.

Published 21 Mar, 2013 12:00am

FTSE weakens, Fed in focus

Britain's top shares fell on Wednesday, weighed down by mining stocks, with traders citing some anxiety ahead of the outcome of a US central bank meeting. The FTSE 100 ended down 8.62 points, or 0.1 percent, at 6,432.70, declining for a fourth consecutive

Published 21 Mar, 2013 12:00am

Indian rupee recovers

The Indian rupee recovered on Wednesday from early falls as worries over political instability eased and on the back of dollar sales by custodian banks and a state-run company. Markets had been rattled by a double whammy on Tuesday, when a key ally withdr

Published 21 Mar, 2013 12:00am

Euro hovers near four-month low in Asia

The euro hovered near a four-month low on Wednesday after Cyprus rejected terms of a proposed bailout, creating uncertainty about the country's financial future and reviving fears about the stability of the euro zone. Cyprus overwhelmingly rejected a prop

Published 21 Mar, 2013 12:00am

Euro rises against dollar in London

The euro rose against the dollar on Wednesday, recovering from a slide to a four-month low on Cyprus's rejection of the terms of a bailout, as buyers emerged among investors convinced a deal would be reached. The Cypriot parliament rejected on Tuesday a p

Published 21 Mar, 2013 12:00am

Early trade in New York: Euro rallies but gains seen short-lived

The euro rebounded on Wednesday from a four-month low against the dollar in the previous session as worries about Cyprus eased, with some investors convinced the debt-plagued country can hammer out a deal to avert default. Europe's common currency, howeve

Published 21 Mar, 2013 12:00am

Euro drops to four-month low in New York

The euro dropped to near a four-month low against the US dollar on Tuesday and looked poised to extend losses as uncertainty about Cyprus reignited fears about the future of the euro zone currency. Cyprus's parliament overwhelmingly rejected a proposed le

Published 21 Mar, 2013 12:00am

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Wednesday: 78.40-78.41 (78.45-78.50). Call Money Rates: 06.75-07.50 percent (previous 06.25-07.75 percent).

Published 21 Mar, 2013 12:00am

Yuan hits all-time high

The yuan hit an all-time high against the dollar on Wednesday in what traders said was a goodwill gesture by China's central bank towards US Treasury Secretary Jack Lew, who is in Beijing for strategic discussions. The People's Bank of China guided the yu

Published 21 Mar, 2013 12:00am

Baht remain at 16-year high

The Thai baht rose on Wednesday to return to levels unseen since before the 1997 Asian financial crisis, thanks to inflows and the absence of government moves to stem the appreciation, while some regional peers slid on worries about Cyprus. The baht rose

Published 21 Mar, 2013 12:00am

Sterling climbs versus dollar

Sterling hit a two-week high against the dollar on Wednesday after Britain's finance minister did not use his budget to give as much leeway to the Bank of England to stimulate growth as some market players had anticipated. Minutes from the latest BoE poli

Published 21 Mar, 2013 12:00am

US players critical of Klinsmann coaching

Three days before the United States plays a key World Cup 2014 qualifying home match, a Sporting News online report Tuesday said several US players have problems with coach Jurgen Klinsmann. The report says 11 players in the US national team pool and 11 o

Published 21 Mar, 2013 12:00am

Ponting voted Sheffield Shield player of year

Former Australian captain Ricky Ponting was Wednesday voted Sheffield Shield player of the year for his sizzling form since quitting international cricket. Ponting, who retired from Tests in December after 17 years, has been in fine touch with the bat, sc

Published 21 Mar, 2013 12:00am

US Open boosts prize money in new ATP, WTA deal

US Open prize money will reach $50 million by 2017 and the event will return to a Sunday finish in 2015 under a five-year deal announced Wednesday between Open organisers and the ATP and WTA tours. The US Tennis Association (USTA) boosted the base prize m

Published 21 Mar, 2013 12:00am

Hussey, Ponting rule out return

Ricky Ponting and Mike Hussey Wednesday ruled out shock comebacks to the Australian Test ranks for the Ashes tour of England after the team's troubled series in India. With Australia 3-0 down in India and the first of back-to-back Ashes series rapidly app

Published 21 Mar, 2013 12:00am

Leeds owners looking to sell

The Bahrain-based owners of fallen English football giants Leeds United have said they want to sell their stake in the second-tier club just three months after taking over at Elland Road. GFH Capital completed a lengthy sale purchase when they bought Leed

Published 21 Mar, 2013 12:00am

Beckham says he could play on

Sporting legend David Beckham raised the prospect of one last stop on his global football journey Wednesday, refusing to rule out playing in China after his contract with Paris Saint-Germain ends. Speaking at a news conference unveiling him as an ambassad

Published 21 Mar, 2013 12:00am

England seek to clinch series without Pietersen

New Zealand and England face off in a winner-takes-all third and final Test this week, with the tourists striving for a series-clinching victory despite the absence of star batsman Kevin Pietersen. After rain-affected draws in Dunedin and Wellington, hope

Published 21 Mar, 2013 12:00am

Pennetta puts herself in Serena's path at Miami

Italy's Flavia Pennetta booked herself a second round clash with World No 1 Serena Williams at the WTA and ATP Masters Miami hardcourt event after a 6-4, 6-1 first-round victory Tuesday over Swede Johanna Larsson. Pennetta, ranked 103rd, will meet William

Published 21 Mar, 2013 12:00am

Croatia, Serbia meet for the first time since war

Croatia and Serbia's footballers play each other for the first time since independence on Friday, in a highly charged tie given wider significance by political, cultural and historical ties and fresh memories of war. The run-up to the Group A World Cup qu

Published 21 Mar, 2013 12:00am

Fourth ODI in Durban today: team should not depend on individual performances, says Zaheer Abbas

Pakistan's former Test cricketer Zaheer Abbas said that all players should take responsibility and must not depend on few individual performances when they face host South Africa in the fourth ODI at Durban on Thursday. "Only Shahid Afridi managed to give

Published 21 Mar, 2013 12:00am

New Zealand current account gap widens to 3-1/2-year high

New Zealand's annual current account deficit rose to a 3-1/2-year high in the December quarter, and it is expected to widen further this year as a strengthening economy boosts import demand and the earnings of foreign investors. The deficit for the year t

Published 21 Mar, 2013 12:00am

Egyptian court overturns freeze on assets of 23 investors

An Egyptian court overturned on Wednesday a public prosecutor's decision to freeze the assets of 23 investors and officials, including several from the Gulf, who are under investigation for alleged stock market manipulation. The criminal court ruling was

Published 21 Mar, 2013 12:00am

Freddie Mac sues big banks over Libor rigging

US government-controlled mortgage giant Freddie Mac has sued more than a dozen of the world's biggest banks over losses from the alleged rigging of the Libor interest rate. Freddie Mac, in a March 14 court filing made public Tuesday, took legal action aga

Published 21 Mar, 2013 12:00am

Freddie Mac sues big banks over Libor rigging

US government-controlled mortgage giant Freddie Mac has sued more than a dozen of the world's biggest banks over losses from the alleged rigging of the Libor interest rate. Freddie Mac, in a March 14 court filing made public Tuesday, took legal action aga

Published 21 Mar, 2013 12:00am

Shell reveals Iranian oil trade loss, $2.3 billion Iran debt

Oil major Royal Dutch Shell lost money trading Iranian crude in 2012 shortly before a European Union embargo and still owes $2.3 billion to Tehran for oil purchases. The details, revealed in Shell regulatory filings, is the first disclosure of its dealing

Published 21 Mar, 2013 12:00am

FedEx cuts forecast after worse profit

FedEx Corp cut its full-year forecast after a worse-than-expected quarterly profit as customers shift from air express to slower but cheaper modes of international shipping. The No 2 US package-delivery company said it would step-up restructuring efforts,

Published 21 Mar, 2013 12:00am

FedEx cuts forecast after worse profit

FedEx Corp cut its full-year forecast after a worse-than-expected quarterly profit as customers shift from air express to slower but cheaper modes of international shipping. The No 2 US package-delivery company said it would step-up restructuring efforts,

Published 21 Mar, 2013 12:00am

Volkswagen recalls over 384,000 cars in China

Volkswagen said Wednesday it would recall 384,181 vehicles in China over gearbox defects, marking the German auto giant's biggest ever recall in the world's largest auto market. The recall came after Chinese state television alleged in an annual corporate

Published 21 Mar, 2013 12:00am

Fed holds firm to stimulus plan despite better data

The Federal Reserve on Wednesday pressed forward with its aggressive efforts to stimulate the US economy through large-scale bond purchases, saying unemployment remains too high and citing "restrictive" fiscal policy. Meeting just as turmoil in Europe too

Published 21 Mar, 2013 12:00am

Fed holds firm to stimulus plan despite better data

The Federal Reserve on Wednesday pressed forward with its aggressive efforts to stimulate the US economy through large-scale bond purchases, saying unemployment remains too high and citing "restrictive" fiscal policy. Meeting just as turmoil in Europe too

Published 21 Mar, 2013 12:00am

India, China sell cotton stocks to soften global prices

India will sell cotton to local buyers from government stockpiles, joining China as the world's top two consumers try to cushion domestic textile mills against soaring costs. The sales by China and India, also the two leading producers, should ease tight

Published 21 Mar, 2013 12:00am

Fitch affirms Saudi Arabia at AA-minus

Fitch on Wednesday affirmed Saudi Arabia's AA-minus rating but said the country could see an upgrade in coming months because of progress in handling social stressors and strengthened budget buffers. Fitch revised the country's outlook to positive from st

Published 21 Mar, 2013 12:00am

Fitch affirms Saudi Arabia at AA-minus

Fitch on Wednesday affirmed Saudi Arabia's AA-minus rating but said the country could see an upgrade in coming months because of progress in handling social stressors and strengthened budget buffers. Fitch revised the country's outlook to positive from st

Published 21 Mar, 2013 12:00am

Myanmar abolishes dollar surrogate

Myanmar on Wednesday announced the abolition of its US dollar proxy currency, in the latest step towards economic normalisation as the impoverished former pariah opens to the world. More than $30 million worth of Foreign Exchange Certificates (FEC) will b

Published 21 Mar, 2013 12:00am

Cyprus seeks Russian rescue; EU threatens cutoff

Cyprus pleaded for a new loan from Russia on Wednesday to avert a financial meltdown, after the island's parliament rejected the terms of a bailout from the EU, raising the risk of default and a bank crash. Cypriot Finance Minister Michael Sarris said he

Published 21 Mar, 2013 12:00am

Tens of thousands join strike

At least 95,000 civil servants went on strike in Britain on Wednesday, closing courts and museum galleries in a dispute over pay, pensions and working conditions timed to coincide with the government's annual budget. The Public and Commercial Services (PC

Published 21 Mar, 2013 12:00am

Britain's growth halved; Osborne turns to Bank of England for help

British finance minister George Osborne turned to the Bank of England on Wednesday to help galvanise a stagnant economy which he said would grow this year at just half the rate previously expected. In his annual budget speech to parliament, Osborne stuck

Published 21 Mar, 2013 12:00am

Workers' killing a conspiracy to push country towards civil war: Farooq Sattar

Deputy Convenor of Muttahida Qaumi Movement (MQM) Dr Farooq Sattar has said that the ongoing spree of targeted killing of citizens including MQM workers is a conspiracy to push the country towards civil war. This he said while addressing a press conferenc

Published 21 Mar, 2013 12:00am

PIA needs full-time chairman: Supreme Court

The Supreme Court on Wednesday said that Pakistan International Airlines (PIA) needed a full-time chairman to improve the performance of the beleaguered flag carrier. A three-judge bench headed by chief Justice Iftikhar Muhammad Chaudhry resumed the heari

Published 21 Mar, 2013 12:00am

Former government official given a week to get pre-arrest bail

The Supreme Court on Wednesday granted one week's time to former secretary establishment, Ismail Qureshi, to get pre-arrest bail. A three-judge bench comprising Chief Justice Iftikhar Muhammad Chaudhry, Justice Gulzar Ahmed and Justice Sheikh Azmat Saeed

Published 21 Mar, 2013 12:00am

Maximum allocation for hydel power generation sought

President Sialkot Chamber of Commerce and Industry (SCCI) Sheikh Abdul Majid expressed his support for the notion that there must be an increase in coming year financial budget for Hydel power generation projects, in order to overcome the acute energy cri

Published 21 Mar, 2013 12:00am

PIAF demands SNGPL to ensure five-day supply a week

Pakistan Industrial and Traders Associations Front (PIAF) has strongly protested against continuous massive gas load shedding despite comprehensive cut in domestic usage and demanded of the SNGPL authorities to ensure availability of gas at least for five

Published 21 Mar, 2013 12:00am

Power system protection should be a priority: WAPDA Chairman tells NPCC

Chairman Pakistan Water and Power Development Authority (WAPDA) Syed Raghib Abbas Shah, in the wake of assuming the responsibility of Power Sector Co-ordinator, visited National Power Control Centre (NPCC) on Wednesday as first leg of series of his visits

Published 21 Mar, 2013 12:00am

Oil and Gas Development Company

Oil and Gas Development Company Limited (OGDC) is the largest oil and gas exploration and production (E&P) company of the country. Apart from the three stock exchanges of the country, its global depository shares are listed on London Stock Exchange. Gover

Published 21 Mar, 2013 12:00am

Oil and Gas Development Company

Oil and Gas Development Company Limited (OGDC) is the largest oil and gas exploration and production (E&P) company of the country. Apart from the three stock exchanges of the country, its global depository shares are listed on London Stock Exchange. Gover

Published 21 Mar, 2013 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	157.10
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.25
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
India Sensex / Dec 23	78,540.17
Tokyo Nikkei / Dec 23	39,055.35
Nasdaq / Dec 23	19,764.89
Hang Seng / Dec 23	20,105.38
FTSE 100 / Dec 23	8,102.72
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77

Item	Value
Crude Oil USD/Barrel / Dec 23	69.60
Karachi Cotton PKR/37.32 KG / Dec 23	17,785
Gold 10 Grams PKR / Dec 23	241,087.80
Gold Spot USD/Ounce / Dec 23	2,617.29
Cotton US¢/pound / Dec 23	69.11
Petrol/Litre / Dec 24	252.10

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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