News Archives for Print - 2013-04-16

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Print - 2013-04-16

US treasuries bid prices

US treasuries bid prices on Monday (April 15, 2013).

Published 16 Apr, 2013 12:00am

US treasuries bid prices

US treasuries bid prices on Monday (April 15, 2013).

Published 16 Apr, 2013 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (April 15, 2013).

Published 16 Apr, 2013 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Monday (April 15, 2013).

Published 16 Apr, 2013 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (April 15, 2013).

Published 16 Apr, 2013 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (April 15, 2013).

Published 16 Apr, 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 (April 15, 2013).

Published 16 Apr, 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 (April 15, 2013).

Published 16 Apr, 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 (April 15, 2013).

Published 16 Apr, 2013 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Monday (April 15, 2013).

Published 16 Apr, 2013 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Monday (April 15, 2013).

Published 16 Apr, 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 (April 15, 2013).

Published 16 Apr, 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 (April 15, 2013).

Published 16 Apr, 2013 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (April 15, 2013).

Published 16 Apr, 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 16 Apr, 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 16 Apr, 2013 12:00am

New York cotton

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

Published 16 Apr, 2013 12:00am

New York cotton

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

Published 16 Apr, 2013 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 16 Apr, 2013 12:00am

Oil cake market rates

May contract was down on the forward cottonseeds oilcake market on Monday in process of trading, dealers said. The May vaida ended at Rs 911.5, they said. It opened with a fall of 40 paisa Rs 911.1 in the morning session, dealers said. The July contract c

Published 16 Apr, 2013 12:00am

Rates stabilise on cotton market amid active buying by mills

Increased buying by mills lifted daily-intake on the cotton market on Monday, this was a visible change after a long time, dealers said. The official spot rate was inert at Rs 6,800, they said. Rates of seed cotton in Sindh were unchanged at Rs 1800 and R

Published 16 Apr, 2013 12:00am

Lean business on grain market

Slow business was seen on the wholesale grain market on Monday as most of the participants were on the sideline due to higher rates, dealers said. On the rice side, only one change was seen as Irri-6 Sindh low type gained Rs 10 to Rs 3390 while the best t

Published 16 Apr, 2013 12:00am

EU wheat prices slip with commodities slide

European Union wheat prices fell on Monday, with benchmark Paris futures easing from an 11-week high in the last session, as they were pressured by heavy losses across commodity markets and improving crop weather in Europe. Commodity markets were rattled

Published 16 Apr, 2013 12:00am

Russia's winter grain crop condition worsened last week

Conditions for Russia's winter grain crop deteriorated slightly over the last week as the pace of plantings slowed in the North Caucasus region, SovEcon agriculture analysts said in a note on Monday. One of the world's biggest wheat exporters, Russia was

Published 16 Apr, 2013 12:00am

Indian soya falls on lower meal exports

Indian soyabean futures fell 3 percent on Monday to hit their lowest level in nearly two weeks due to poor demand in the spot market as higher soyameal prices squeezed export orders. Soyaoil fell following a drop in Malaysian palm oil prices, while rapese

Published 16 Apr, 2013 12:00am

Indian sugar futures steady

Indian sugar futures were treading water on Monday as ample supplies outweighed an improvement in demand from bulk consumers and concerns drought in top producing Maharashtra state may hurt production in the next season starting October 1. The most-active

Published 16 Apr, 2013 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 261,168 tonnes of cargo comprising 175,791 tonnes of import cargo and 85,377 tonnes of export cargo including 6,503 loaded and empty containers during the last 48 hours ended at 0700 hours on Monday. The total import cargo of 175,

Published 16 Apr, 2013 12:00am

Centrica, Qatar Petroleum agree to buy Canadian assets

British energy firm Centrica and state-owned Qatar Petroleum International have agreed to buy Canadian oil and gas assets from Suncor Energy Inc for CAN$1 billion (749 million euros), the pair said on Monday. The deal, worth the equivalent of £650 million

Published 16 Apr, 2013 12:00am

Russian economy at risk from global 'crisis': Putin

President Vladimir Putin warned on Monday that the world economy was in crisis and its consequences risked hurting Russia's performance just as the global slowdown did in 2008-2009. Putin ordered Prime Minister Dmitry Medvedev to convene a special meeting

Published 16 Apr, 2013 12:00am

Germany subsidises cheap electricity for its neighbours

Germany's neighbours enjoy cheap imported power subsidised by Berlin's green energy policy and paid for by German households, analysts say. Generous subsidies have boosted renewable electricity generation, and created a German green power glut. But German

Published 16 Apr, 2013 12:00am

Strong growth in Asia but overheating a risk: World Bank

East Asian and Pacific economies will grow 7.8 percent this year on robust domestic demand, the World Bank said Monday, but it warned countries to guard against overheating in credit and asset prices. The forecast is up from 7.5 percent last year, but the

Published 16 Apr, 2013 12:00am

Citi profit rises 30 percent as investment banking grows

Citigroup Inc said on Monday first-quarter profit jumped a better-than-expected 30 percent as the bank made more money from underwriting stock issues and advising companies on mergers. The bank also lost less money from its bad assets, and it showed signs

Published 16 Apr, 2013 12:00am

Citi profit rises 30 percent as investment banking grows

Published 16 Apr, 2013 12:00am

Greece set to win more bailout aid

Greece received a clean bill of health from its international creditors on Monday, securing more rescue aid and prompting its finance minister to say he would ask for much more debt relief if Athens keeps meeting its bailout targets. Athens is on course t

Published 16 Apr, 2013 12:00am

Greece set to win more bailout aid

Published 16 Apr, 2013 12:00am

Senior Goldman Sachs Middle East banker resigns

Khaled Eldabag, a senior investment banker at Goldman Sachs Group Inc who handled some of the Wall Street firm's biggest clients in the Middle East, has resigned, two sources familiar with the matter said. Eldabag, a Dubai-based managing director at Goldm

Published 16 Apr, 2013 12:00am

Senior Goldman Sachs Middle East banker resigns

Published 16 Apr, 2013 12:00am

DISH offers $25.5 billion for Sprint Nextel

US satellite-television provider DISH Network on Monday launched an unsolicited $25.5 billion bid to acquire Sprint Nextel, trying to derail the offer by Japan's SoftBank to buy 70 percent of Sprint. DISH said it was offering to buy Sprint, the third-larg

Published 16 Apr, 2013 12:00am

China's growth risks in focus as first quarter data falls short

China's economic recovery unexpectedly stumbled in the first three months of 2013 with slowing factory output and investment spending forcing analysts to start slashing full-year forecasts despite official insistence that the outlook was favourable.

Published 16 Apr, 2013 12:00am

Foreign demand for US assets falls

Overseas investors sold long-dated US securities in February, including government bonds, reversing several months of steady purchases, the US Treasury said on Monday. Foreigners were modest sellers of Treasuries to the tune of $122 million, with selling

Published 16 Apr, 2013 12:00am

Foreign demand for US assets falls

Published 16 Apr, 2013 12:00am

Wells Fargo cuts approved list of money managers

Wells Fargo & Co is slashing an approved list of money managers and investment vehicles that its stockbrokers market to the firm's wealthy clients, a change of direction that has rattled the third-largest US brokerage network. Executives said the clampdow

Published 16 Apr, 2013 12:00am

Wells Fargo cuts approved list of money managers

Published 16 Apr, 2013 12:00am

Iceland, China seal free trade deal

China and Iceland signed a free trade agreement on Monday boosting Beijing's presence in an Arctic region that world powers are looking at for new shipping routes, minerals and oil. The deal signed in Beijing aims to abolish tariffs between an island of 3

Published 16 Apr, 2013 12:00am

US signs $200 million ginseng export deal with China

It is a small bite, but the US state of Wisconsin made a dent in the yawning American trade deficit with China, signing a 10-year deal on Monday to export $200 million of ginseng to China. The Ginseng Board of Wisconsin Inc signed the contract with Beijin

Published 16 Apr, 2013 12:00am

Most Gulf markets extend slide

Most Gulf bourses extended declines on Monday as losses in global stock markets and commodities prices spurred investors to take profits. Kuwait's market slipped after a prominent opposition politician was sentenced to five years in jail. Weak oil prices

Published 16 Apr, 2013 12:00am

Chinese shares post worst day in two weeks; Hong Kong unwinds last week's gains

China shares posted their worst loss in more than two weeks on Monday, while Hong Kong nearly erased most of last week's gains after weaker-than-expected China GDP data aggravated the gloom from several Chinese corporate profit warnings. China's economic

Published 16 Apr, 2013 12:00am

Monday's early afternoon trade: Wall Street slides on growth worries, commodities selloff

US stocks fell for a second straight session on Monday with major indexes off more than 1 percent, pressured by weaker-than-expected growth figures in China that sparked a broad selloff across markets, including oil and other commodities. Among the S&P 50

Published 16 Apr, 2013 12:00am

Taiwan stocks slip

Taiwan stocks fell 0.7 percent on Monday, as losses in regional bourses weighed on market sentiment for tech exporters such as TSMC and Hon Hai Precision. The main TAIEX index ended at 7,763.53 points, extending a 0.46 percent loss on Friday. TSMC, the wo

Published 16 Apr, 2013 12:00am

Indian shares gain

India's benchmark share index rose on Monday, recovering from seven-month lows after slowing inflation and lower crude and gold prices led to hopes that the central bank will likely cut interest rates at its May review. Lenders such as State Bank of India

Published 16 Apr, 2013 12:00am

Seoul shares lower

South Korean shares edged lower on Monday, hurt by slowing factory output and investment spending in China although a firmer yen helped the market pare back earlier sharp losses. The United States said it would watch Japan to ensure its policies were not

Published 16 Apr, 2013 12:00am

Nikkei average drops

Japan's Nikkei share average dropped on Monday, moving further away from near five-year highs tapped last week as exporters lost ground after weak economic data from China and the United States raised concerns over the outlook for the global economy. Trad

Published 16 Apr, 2013 12:00am

European stocks fall; miners have worst day in 1-1/2 years

European equities fell on Monday, with the mining sector suffering its worst day in a year and a half in the face of a slump in the gold price and weak data from top metals consumer China. Chinese industrial output and investment spending fell short of ex

Published 16 Apr, 2013 12:00am

Southeast Asian markets down

Southeast Asian stock markets closed down on Monday on concerns over the US economic outlook and weaker-than-expected Chinese data, with Indonesian and Philippine shares falling more than 0.7 percent. The MSCI's broadest index of Asia-Pacific shares outsi

Published 16 Apr, 2013 12:00am

Australian shares tumble

Australian shares suffered their biggest fall in four weeks on Monday, as mining stocks lost ground after disappointing data out of China heightened worries about the global growth outlook. The S&P/ASX 200 index lost 45.6 points, or 0.9 percent, to finish

Published 16 Apr, 2013 12:00am

Commodity demand fears weigh on Britain's FTSE

Commodity-related stocks led Britain's top share index lower on Monday following disappointing data from China, the world's largest consumer of metals, and a continued sell-off of gold and silver. The materials and energy sectors combined to take 30 point

Published 16 Apr, 2013 12:00am

Yuan at fresh record high

The Chinese yuan set yet another record against the dollar on Monday, overturning Friday's all-time high, as the greenback continued to back off from a peak struck in mid-March. The central bank set the official midpoint at 6.2454 per dollar on Monday mor

Published 16 Apr, 2013 12:00am

Commodity-linked currencies drop in Asia

Commodity-linked currencies were pummelled on Monday after data showed Chinese growth unexpectedly faltered in the first quarter, while the yen firmed after the United States said it would watch Japan's policies to ensure it was not manipulating its curre

Published 16 Apr, 2013 12:00am

Early trade in New York: yen rises from multi-year lows

The yen rose from recent multi-year lows against the dollar and euro on Monday as renewed worries about the global economy spurred traders to sell riskier investments funded by the cheap Japanese currency. Commodities-linked currencies such as the Austral

Published 16 Apr, 2013 12:00am

Yen rises across the board in London

The yen rose across the board on Monday, with the highly liquid currency benefiting from inflows from investors concerned about a global recovery after weaker-than-forecast Chinese growth data weighed on sentiment. The yen, which is considered a safe have

Published 16 Apr, 2013 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 78.02-78.0250 (78.02-78.02). Call Money Rates: 07.00-07.50 percent (previous 05.75-08.00 percent.

Published 16 Apr, 2013 12:00am

Won, Taiwan dollar lead Asia FX higher

The South Korean won and the Taiwan dollar led gains among emerging Asian currencies on Monday as the yen's rebound caused investors to cover short positions in the currencies of Japan's export competitors. The yen rebounded after the United States said i

Published 16 Apr, 2013 12:00am

Aussie, New Zealand dollars plummet

The New Zealand and Australian dollars fell sharply on Monday after weaker-than-expected Chinese data raised concerns about the global economic outlook, hitting risk assets from stocks to commodities and growth-leveraged currencies. The kiwi suffered the

Published 16 Apr, 2013 12:00am

Indian rupee falls to one-week low

The Indian rupee fell to a one-week low on Monday as tumbling commodity prices hit global risk currencies, but pared losses after lower-than-expected inflation data raised hopes the central bank would cut interest rates next month. India's headline inflat

Published 16 Apr, 2013 12:00am

Sterling dips versus dollar

Sterling fell against the dollar on Monday, dragged down as weak Chinese data stoked worries about the global economy, and it was seen vulnerable before a raft of UK economic data this week. Attention will focus on a string of UK figures due this week, in

Published 16 Apr, 2013 12:00am

Barcelona cruise

Barcelona continued their march towards a 22nd La Liga title as a much-changed side were still too strong for struggling Real Zaragoza in a 3-0 win at La Romareda on Sunday. Barca, playing without the injured Lionel Messi, remain 13 points ahead of Real M

Published 16 Apr, 2013 12:00am

Nadal admits winning streak will one day end

Rafael Nadal admitted Monday that his incredible 42-match, 10-year unbeaten run at Monte Carlo will end one day, but he is in no hurry to see that day. The 26-year-old Spaniard, who last lost on the clay of Monte Carlo as a fresh-faced 16-year-old when th

Published 16 Apr, 2013 12:00am

City end Chelsea's FA Cup defence

Manchester City withstood a valiant fightback from Chelsea to win a gripping FA Cup semi-final 2-1 at Wembley Stadium on Sunday and knock the holders out of the competition. Goals in each half from Samir Nasri and Sergio Aguero put City in control, but Ch

Published 16 Apr, 2013 12:00am

Africa Cup-winning coach dies

Abdel-hamid Kermali, coach when Algeria won their only Africa Cup of Nations title, died at the weekend aged 81, local media reports said. The former France-based professional footballer was in charge of the Desert Foxes when they hosted and won the 1990

Published 16 Apr, 2013 12:00am

Scott ends Aussie jinx with Masters playoff win

Adam Scott sank a 10-foot birdie putt on the second playoff hole Sunday to beat Angel Cabrera and win the 77th Masters, becoming the first Australian golfer to capture the green jacket. Nine months after making bogeys on the last four holes to squander a

Published 16 Apr, 2013 12:00am

Misbah declines county offer for national duty

Pakistan's Test and one-day captain Misbah-ul-Haq said Monday he had turned down an offer from English county Worcestershire as it would have meant missing duties with the national side. Misbah, who turns 39 next month, has been leading Pakistan after rev

Published 16 Apr, 2013 12:00am

Two fans die in violence after stadium test

Two football fans died after clashes broke out following a match staged as a test event for the opening of a stadium due to be used during next year's World Cup, a report said Monday. The Castelao stadium in Fortaleza, north-east Brazil, is due to host ma

Published 16 Apr, 2013 12:00am

Isner wins first clay court title

Fifth seeded John Isner claimed his sixth career title and first on clay by beating Nicolas Almagro in straight sets in the final of the US Clay Court Championships on Sunday. The hard-serving American blasted seven aces en route to a 6-3, 7-5 win over th

Published 16 Apr, 2013 12:00am

North Korea looks inward for founder's birthday, tensions ease

North Korea celebrated the anniversary of its founder's birth on Monday and abandoned its shrill threats of war against the United States and the South, easing tensions in a region that had seemed on the verge of conflict. The North has threatened nuclear

Published 16 Apr, 2013 12:00am

US Supreme Court declines gun permit case

The US Supreme Court on Monday declined to hear a case on whether New York state can require citizens to prove their need for self-defence in order to get a gun-carrying permit. The case concerns five New Yorkers who had been denied permits, and who said

Published 16 Apr, 2013 12:00am

2010 Pune blast: Indian court convicts cyber cafe worker

An Indian court convicted a cyber cafe worker of murder on Monday over a bomb blast which ripped through a packed restaurant in the western city of Pune three years ago, killing 17 people. A lower court in Pune found Mirza Himayat Baig guilty of criminal

Published 16 Apr, 2013 12:00am

French ministers disclose personal wealth for first time

French ministers disclosed their personal wealth for the first time on Monday, in a move President Francois Hollande hopes will restore confidence in his scandal-hit Socialist government. The revelations - which aim to help turn the page on a damaging sca

Published 16 Apr, 2013 12:00am

Maduro wins in Venezuela, opposition protests

Nicolas Maduro, a former bus driver who became late socialist leader Hugo Chavez's protege, narrowly won Venezuela's presidential election on Sunday but his rival refused to accept the result and demanded a recount. The controversy raised fears of politic

Published 16 Apr, 2013 12:00am

Zimbabwe has no money for elections

Cash-strapped Zimbabwe is appealing for foreign help to fund presidential and parliamentary elections planned for later this year, Finance Minister Tendai Biti said on Monday. "It's self-evident that treasury does not have the capacity to fund elections,"

Published 16 Apr, 2013 12:00am

Ahmadinejad says Iran does not need atomic bomb

Iranian President Mahmoud Ahmadinejad on Monday defended his country's controversial nuclear programme while on a tour of west Africa, calling it peaceful and arguing that Tehran has no use for an atomic bomb. Speaking during a visit to Benin, the first s

Published 16 Apr, 2013 12:00am

Bosnia's MPs pass a military pension law to win IMF cash

Bosnia's lawmakers approved a law to cut military pensions on Monday, a key step towards winning funds from the International Monetary Fund (IMF). The lawmakers from autonomous Bosniak-Croat federation, which makes Bosnia along with the Serb Republic, app

Published 16 Apr, 2013 12:00am

Bangladesh prevents publication of pro-opposition daily

Bangladeshi authorities have prevented the publication of a pro-opposition daily whose editor was arrested last week for sedition and inciting religious tension, an official said Monday. Police sealed off the printing press of Amar Desh on Thursday after

Published 16 Apr, 2013 12:00am

Wave of Iraq attacks kills 50 ahead of polls

Dozens of attacks across Iraq, including a brazen car bombing on the way to Baghdad airport, killed 50 people on Monday, just days before the country's first elections since US troops withdrew. The violence, which mostly struck during morning rush hour am

Published 16 Apr, 2013 12:00am

Afghan roadside bomb kills seven civilians

A roadside bomb hit a tractor in southern Afghanistan on Monday, killing seven civilians and wounding four others, officials said. The tractor and trailer hit the anti-vehicle mine in the Mali Zai area of Zabul province, the ministry of interior said in a

Published 16 Apr, 2013 12:00am

Assad's forces break rebel blockade in north Syria

Syrian government troops have broken through a six-month rebel blockade in northern Syria and are now fighting to recapture a vital highway, opposition and state media said on Monday. Rebels had kept the army bottled up in the Wadi al-Deif and Hamidiya mi

Published 16 Apr, 2013 12:00am

UN aid groups say world must act now to save Syria

World leaders must act urgently to break the diplomatic deadlock around Syria if they want to prevent the crisis from reaching a dangerous tipping point, the heads of the United Nations aid agencies said on Monday in a rare political appeal. If the intern

Published 16 Apr, 2013 12:00am

Gold miners face new challenge in plummeting gold price

A steep drop in the price of gold will hit profits at mining companies that are already straining under rising costs, and could prompt some miners to rethink their capital spending. Gold companies big and small sold off on Monday as the prospect of centra

Published 16 Apr, 2013 12:00am

Shanghai copper drops

Shanghai copper hit 54,180 yuan ($8,700) a tonne, a 10-month low on Monday after disappointing data from top consumer China and weak US data last week increased worries about a global growth slowdown. China's economic recovery unexpectedly stumbled in the

Published 16 Apr, 2013 12:00am

Copper hits lowest in 1-1/2 years on Chinese data

Copper fell to its lowest price in 1-1/2 years on Monday, joining a wide retreat in commodities as disappointing economic data from top metals consumer China reinforced concerns over prospects for demand. China's economic recovery unexpectedly stumbled in

Published 16 Apr, 2013 12:00am

Oil drops nearly three percent

Brent oil pared losses after plunging $3 to hover near $100 a barrel on Monday, extending a two-week selloff that has knocked nearly 10 percent off prices as part of a wider flight by investors from commodities. Gold racked up the biggest two-day loss in

Published 16 Apr, 2013 12:00am

Tokyo rubber drops over six percent

Tokyo rubber futures lost over 6 percent on Monday, the most in 17 months, after China's unexpectedly weak economic data worsened the demand outlook and prompted a rash of selling in a market already bearish due to a bounce in the yen. Kazuhiko Saito, chi

Published 16 Apr, 2013 12:00am

Rotterdam vegetable oil prices

Monday's Rotterdam vegetable oil prices at 1600 GMT.

Published 16 Apr, 2013 12:00am

Rotterdam vegetable oil prices

Monday's Rotterdam vegetable oil prices at 1600 GMT.

Published 16 Apr, 2013 12:00am

Malaysian palm oil drops to four-month low

Malaysian palm oil futures fell to a 4-month low on Monday, hurt by easing exports and disappointing Chinese data that raised concerns about the outlook for global commodity demand. Slower-than-expected economic growth in China, the world's second-largest

Published 16 Apr, 2013 12:00am

ICE arabica coffee near three-year low

ICE arabica coffee futures touched an almost three-year low on Monday during a broader selloff in commodities amid mounting concern about the pace of the global economic recovery and weaker-than expected economic data from China. Raw sugar and cocoa futur

Published 16 Apr, 2013 12:00am

Gold sinks to two-year low in Asia

Gold sank further into bear-market territory on Monday as prices dropped to a two-year trough on fears of central bank sales and less monetary stimulus, while holdings on global exchange-traded funds hit their lowest in more than a year. Gold hit an intra

Published 16 Apr, 2013 12:00am

Gold slumps to two-year low in European trade

Gold dropped 6 percent on Monday to below $1,400 per ounce, its lowest since March 2011, as investors took fright at a market that is heading for its biggest two-day fall in 30 years. Gold has capitulated in the last two trading days to pressure from a pr

Published 16 Apr, 2013 12:00am

US MIDDAY: grains plunge

US grain and soyabean futures posted double-digit losses on Monday and many other commodities posted steep declines on selling triggered by disappointing economic growth in China, with Chicago wheat headed for its biggest loss in two weeks. Commodity mark

Published 16 Apr, 2013 12:00am

US MIDDAY: gold tumbles over 8 percent

Gold tumbled more than 8 percent on Monday, and was down more $100 per ounce at midday on track for its biggest one-day decline in dollar terms, as investors ditched the precious metal en masse in search for better returns in other assets. Gold's drop tri

Published 16 Apr, 2013 12:00am

Militants' threats to ANP, PPP, MQM: PML-N, PTI, religious parties to cash in on situation

The militants' threat to target election rallies of Awami National Party (ANP) and Pakistan People's Party (PPP) is indicative of hard times for moderate liberal forces, paving the way for Islamist sympathiser political parties to cash in on the situation

Published 16 Apr, 2013 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	277.93
USD PKR Interbank Buying / Nov 28	278.13
USD to Japanese Yen / Nov 28	151.53
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.27
Euro to USD / Nov 28	1.05

Stock	Volume
S&P 500 / Nov 27	5,998.74
Nasdaq / Nov 27	19,060.48
Dow Jones / Nov 27	44,722.06
India Sensex / Nov 28	79,455.91
Tokyo Nikkei / Nov 28	38,303.45
Hang Seng / Nov 28	19,368.83
FTSE 100 / Nov 28	8,289.96
Germany DAX 30 / Nov 28	19,381.32

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17,685
Gold 10 Grams PKR / Nov 27	236,540
Crude Oil USD/Barrel / Nov 28	68.72
Gold Spot USD/Ounce / Nov 28	2,635.70
Cotton US¢/pound / Nov 28	71.75
Petrol/Litre / Nov 29	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 29 786 Investments Limited(786)	6.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 29 Al-Abbas Sugar Mills Limited(AABS)	619.90 ▼ 0.00 (0.00%)
Agro Allianz / Nov 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 29 Ali Asghar Textile Mills Limited(AATM)	70 ▼ 0.00 (0.00%)
Allied Bank / Nov 29 Allied Bank Limited(ABL)	139.74 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 29 Abbott Laboratories (Pakistan) Limited(ABOT)	1,021.33 ▼ 0.00 (0.00%)
Abson Ind. / Nov 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 29 Alfalah Consumer Index ETF.(ACIETF)	12.66 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 29 786 Investments Limited(786)	6.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 29 Al-Abbas Sugar Mills Limited(AABS)	619.90 ▲ 0.00 (0.00%)
Agro Allianz / Nov 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 29 Ali Asghar Textile Mills Limited(AATM)	70 ▲ 0.00 (0.00%)
Allied Bank / Nov 29 Allied Bank Limited(ABL)	139.74 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 29 Abbott Laboratories (Pakistan) Limited(ABOT)	1,021.33 ▲ 0.00 (0.00%)
Abson Ind. / Nov 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 29 Alfalah Consumer Index ETF.(ACIETF)	12.66 ▲ 0.00 (0.00%)

Stock	Volume
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	179,225,089 ▲ 0.00
K-Electric Ltd. / Nov 29 K-Electric Limited(KEL)	64,868,271 ▲ 0.00
Bank Makramah / Nov 29 Bank Makramah Limited(BML)	60,297,878 ▲ 0.00
Pace (Pak) Ltd. / Nov 29 Pace (Pakistan) Limited(PACE)	55,350,909 ▲ 0.00
Hascol Petrol / Nov 29 Hascol Petroleum Limited(HASCOL)	42,730,290 ▲ 0.00
Fauji Foods Ltd / Nov 29 Fauji Foods Limited(FFL)	38,903,524 ▲ 0.00
Sui South Gas / Nov 29 Sui Southern Gas Company Limited(SSGC)	36,014,321 ▲ 0.00
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	33,477,996 ▲ 0.00
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	31,208,624 ▲ 0.00

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