News Archives for Print - 2014-02-22

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 22 Feb, 2014 12:00am

Weak income, corporation taxes hit UK public finances

Lower income tax and corporation tax receipts dragged Britain's public finances to a much smaller than usual seasonal surplus in January, as finance minister George Osborne prepares his annual budget. Strong performance earlier in the financial year means

Published 22 Feb, 2014 12:00am

HP reins in revenue slide as turnaround progresses

Hewlett Packard Co's revenue fell less than Wall Street expected in the first quarter and it raised its outlook for fiscal 2014 earnings, as the computing giant grew sales at its two largest businesses and again signalled a better year ahead. HP, which is

Published 22 Feb, 2014 12:00am

HP reins in revenue slide as turnaround progresses

Hewlett Packard Co's revenue fell less than Wall Street expected in the first quarter and it raised its outlook for fiscal 2014 earnings, as the computing giant grew sales at its two largest businesses and again signalled a better year ahead. HP, which is

Published 22 Feb, 2014 12:00am

Fannie Mae profits push taxpayers into black on housing bailout

Fannie Mae said on Friday it would soon send the US Treasury $7.2 billion, a profit-related dividend that makes taxpayers whole for the 2008 bailout of the mortgage-financing giant and its sibling company Freddie Mac. Unlike other companies rescued by tax

Published 22 Feb, 2014 12:00am

Fannie Mae profits push taxpayers into black on housing bailout

Fannie Mae said on Friday it would soon send the US Treasury $7.2 billion, a profit-related dividend that makes taxpayers whole for the 2008 bailout of the mortgage-financing giant and its sibling company Freddie Mac. Unlike other companies rescued by tax

Published 22 Feb, 2014 12:00am

S&P cuts Ukraine rating again, warns risk of default

Standard & Poor's on Friday cut Ukraine's sovereign rating for the second time in three weeks, saying the political situation in the country has deteriorated substantially and seeing an increased risk of default. S&P lowered its long-term foreign currency

Published 22 Feb, 2014 12:00am

S&P cuts Ukraine rating again, warns risk of default

Standard & Poor's on Friday cut Ukraine's sovereign rating for the second time in three weeks, saying the political situation in the country has deteriorated substantially and seeing an increased risk of default. S&P lowered its long-term foreign currency

Published 22 Feb, 2014 12:00am

Credit Suisse pays $196 million, admits wrongdoing in SEC settlement

Credit Suisse Group AG agreed to pay more than $196 million and admit wrongdoing to settle US Securities and Exchange Commission charges that it provided cross-border brokerage and investment advisory services to US clients without first registering with

Published 22 Feb, 2014 12:00am

Credit Suisse pays $196 million, admits wrongdoing in SEC settlement

Credit Suisse Group AG agreed to pay more than $196 million and admit wrongdoing to settle US Securities and Exchange Commission charges that it provided cross-border brokerage and investment advisory services to US clients without first registering with

Published 22 Feb, 2014 12:00am

Erdogan says $3.5 billion Sikorsky helicopter deal signed

Turkish Prime Minister Tayyip Erdogan said on Friday a deal had been signed with United Technologies Corp's Sikorsky unit for a general purpose helicopter order worth $3.5 billion. "We signed another signature today. We took a $3.5 billion step today rega

Published 22 Feb, 2014 12:00am

US taper should be 'wake-up call' for emerging world: OECD

The OECD Friday said the winding down of US monetary stimulus should be a "wake-up call" for emerging economies to accelerate reforms, but Indonesia and South Africa stepped up criticism of the Federal Reserve heading into G20 talks. Countries including I

Published 22 Feb, 2014 12:00am

US taper should be 'wake-up call' for emerging world: OECD

The OECD Friday said the winding down of US monetary stimulus should be a "wake-up call" for emerging economies to accelerate reforms, but Indonesia and South Africa stepped up criticism of the Federal Reserve heading into G20 talks. Countries including I

Published 22 Feb, 2014 12:00am

Obama's ambitious trade agenda hits Asian resistance

America's ambitious trade agenda is running into fierce resistance in Asia, but negotiators say a draft Pacific free-trade deal that papers over some differences may be ready by the time US President Barack Obama visits the region in April. A central elem

Published 22 Feb, 2014 12:00am

Gaza's economic woes pile up

Voices of construction workers and the noise from their tools used to ring out in Gaza's streets. Now hulks of unfinished buildings stand in eerie silence, and the idle builders are left to worry how to make ends meet. An Egyptian-Israeli blockade on the

Published 22 Feb, 2014 12:00am

Regulators question J.P Morgan Chase on foreign exchange

J.P. Morgan Chase Thursday disclosed that US and foreign regulators have sought documents on its foreign exchange trading business, amid an ongoing worldwide forex manipulation probe. The disclosure came as the embattled US banking giant, which has paid o

Published 22 Feb, 2014 12:00am

Regulators question J.P Morgan Chase on foreign exchange

J.P. Morgan Chase Thursday disclosed that US and foreign regulators have sought documents on its foreign exchange trading business, amid an ongoing worldwide forex manipulation probe. The disclosure came as the embattled US banking giant, which has paid o

Published 22 Feb, 2014 12:00am

US existing home sales slump to 18-month low

US home resales fell to an 18 month-low in January as the combination of cold weather and a lack of housing stock sidelined potential buyers. The National Association of Realtors said on Friday home sales dropped 5.1 percent to an annual rate of 4.62 mill

Published 22 Feb, 2014 12:00am

India may have to increase capital infusion to banks

The Indian government may have to increase its capital infusion to state-owned banks if lenders are unable to sell additional Tier 1 bonds in the financial year that begins April 1, analysts said. In the interim budget announced on Monday, the government

Published 22 Feb, 2014 12:00am

No change on grain market

According to the Grain Merchant Group, no change was seen on the commodity and oilseed markets on Friday.

Published 22 Feb, 2014 12:00am

US Midwest corn, soya basis bids hold

Corn and soyabean spot basis bids held mostly steady around the US Midwest on Wednesday as the rapid pace of selling seen earlier this month slowed slightly, grain merchants said. Slow deliveries in some areas of the region also supported bids even as tru

Published 22 Feb, 2014 12:00am

Cotton market: prices fall on modest trade

Prices were down on the cotton market on Friday in process of modest trading, dealers said. The official spot rate, after maintaining at firm trend for a long time, shed Rs 50 to Rs 6950, they added. Prices of seed cotton in Sindh per 40 kg were unchanged

Published 22 Feb, 2014 12:00am

Activity at Karachi and Qasim ports

No data was available from Karachi Port Trust (KPT) on Friday.

Published 22 Feb, 2014 12:00am

Drought slams coffee crop in Sao Paulo

Six weeks of drought likely will reduce the 2014 coffee crop in Sao Paulo, Brazil's third-biggest coffee-producing state, by 20 percent and also hurt sugar and oranges, the state government's Institute of Agricultural Economy (IEA) said on Thursday.

Published 22 Feb, 2014 12:00am

Ukraine violence halts commodities deals and inflates prices

Ukrainian steel, grain and other commodity export deals have virtually ground to a halt as violence in Kiev that has killed dozens this week triggered fears of port closures and defaults, driving up risk premiums on prices for future shipments. Ports were

Published 22 Feb, 2014 12:00am

US corn futures ends higher on exports

US corn futures firmed on Thursday due to a government forecast for reduced plantings this year as well as solid export demand, traders said. Short-covering added additional support to corn but gains were limited by declines in the wheat market. The US Ag

Published 22 Feb, 2014 12:00am

US wheat futures close lower

Chicago Board of Trade front-month wheat futures fell for the first time since February 12 on Thursday as investors locked in profits from a four-day rally that pushed prices to their highest in two months. Deferred CBOT wheat contracts posted modest gain

Published 22 Feb, 2014 12:00am

EU wheat futures hover near one-month high on export deals

European wheat futures traded around a one-month high on Thursday, supported by healthy export activity and a lower euro, but a subdued US market kept Paris prices in check. March milling wheat on the Paris-based Euronext market was down 0.25 euros or 0.1

Published 22 Feb, 2014 12:00am

US soya future close high

US soyabean futures rose on Thursday, led by gains in new-crop contracts, on a smaller-than-expected acreage forecast from the US government, traders said. Chicago Board of Trade soyabeans for November delivery , which track the crop that will be planted

Published 22 Feb, 2014 12:00am

Ghanaian cocoa regulator raises crop target

Ghana will produce more cocoa in the 2013/14 season than previously expected, with its main crop harvest now estimated at 850,000 tonnes against a pre-season forecast of 830,000 on improved weather, the deputy head of its Cocobod regulator said. Kwabena A

Published 22 Feb, 2014 12:00am

Nothing will end just because weary Ghalib is no longer there

Since 2007, Pakistanis have stopped celebrating Mirza Ghalib's birthday anniversary (December 27, 1797), given the fact that that date coincides with the death anniversary of Benazir Bhutto. But to forget him even on his death anniversary (February 15, 18

Published 22 Feb, 2014 12:00am

Women man the Home Front in World War I

Driving trams, ploughing fields and manning production lines: World War I radically changed women's role in society, as they stepped into the boots of men gone to fight for their countries. In cities across Europe, women took on traditionally "male" jobs

Published 22 Feb, 2014 12:00am

KARACHI CHRONICLE: Ostrich farming gaining ground

On the night of February 8, a fertilised ostrich egg vanished from the Karachi Zoo. It was a mystery who it could be. That the theft was masterminded by someone, was apparent from the investigation, but who? The animal keepers at the zoo are ignorant peop

Published 22 Feb, 2014 12:00am

ART FACTS: Essence of Sindh

The entire exhibition titled 'Romancing Sindh' at Full Circle Gallery, Karachi speaks of the diversity and vibrancy of the culture of Sindh. The show covers every aspect of Sindh culture displaying typical Sindhi furniture, mirrors, musical instruments, S

Published 22 Feb, 2014 12:00am

Parenting style linked to kids' Internet addiction

Recollections of strict, unaffectionate parents were more common among young adults with an unhealthy attachment to Internet use, compared to their peers, in a new Greek study. Young adults who recall their parents being tough or demanding without showing

Published 22 Feb, 2014 12:00am

Unplug kids before sleep

Kids who regularly plugged into social networking sites before bedtime reported sleeping nearly an hour less on school nights than those who rarely connected online, a new study shows. "Using technology in the bedroom may result in sleep loss, delays in i

Published 22 Feb, 2014 12:00am

Integrating the smartphone into everyday family life

Children and parents often argue about where and when mobile phones may be used, such as in the middle of meals. It's possible, though, to find creative solutions that will keep everyone happy and bond the family together instead of dividing it. If parent

Published 22 Feb, 2014 12:00am

Time capsule from 1990s reignites Clinton wars

America is getting a new look at an old version of Hillary Clinton, with a time capsule from the political maelstrom that tore through her life in the 1990s. The revelations are contained in notes of communications with Clinton when she was first lady, ta

Published 22 Feb, 2014 12:00am

In letters, J.D. Salinger bemoans trappings of fame

In a letter to his college friend, a young J.D. Salinger writes about yearning for fame. In ensuing correspondence to the same woman and her son over the next four decades, the American author describes how much he loathes his status as a celebrity.

Published 22 Feb, 2014 12:00am

Rental power scam: NAB decides to file references against former Prime Minister, 18 others

The National Accountability Bureau (NAB) on Friday decided to file two references against former Prime Minister Raja Pervez Ashraf and 18 others for their alleged involvement in Rental Power Projects (RPPs) scam and illegal allotment of a plot.

Published 22 Feb, 2014 12:00am

ATMs raise Bitcoin profile, concerns

Even if you aren't sure what a Bitcoin is, you may soon find them at a nearby machine. The first Bitcoin ATMs are cropping up in North America, enabling consumers to swap cash for units of the crypto-currency, or cash in their Bitcoins. ATMs are coming in

Published 22 Feb, 2014 12:00am

Rental power scam: NAB decides to file references against former Prime Minister, 18 others

The National Accountability Bureau (NAB) on Friday decided to file two references against former Prime Minister Raja Pervez Ashraf and 18 others for their alleged involvement in Rental Power Projects (RPPs) scam and illegal allotment of a plot.

Published 22 Feb, 2014 12:00am

Medicine goes mobile with smartphone apps, devices

Thanks to smartphones, email, video games and photo sharing are available at the touch of a finger. But attach a special case and that same phone can produce an electrocardiogram (EKG) from the electrical impulses in your hand and send it to a doctor.

Published 22 Feb, 2014 12:00am

Rental power scam: NAB decides to file references against former Prime Minister, 18 others

The National Accountability Bureau (NAB) on Friday decided to file two references against former Prime Minister Raja Pervez Ashraf and 18 others for their alleged involvement in Rental Power Projects (RPPs) scam and illegal allotment of a plot.

Published 22 Feb, 2014 12:00am

When stars explode, it's a messy business

When stars explode, it's a messy business. But the massive blasts are also useful, seeding the universe with such key elements as calcium, iron and titanium. And with the help of a new high-energy X-ray telescope, NASA said Wednesday astronomers are close

Published 22 Feb, 2014 12:00am

Obama meets with Dalai Lama despite China warnings

President Barack Obama met exiled Tibetan spiritual leader the Dalai Lama on Friday in a show of concern about China's human rights practices, and in spite of warnings from China the visit would "seriously damage" ties between the two countries. The priva

Published 22 Feb, 2014 12:00am

Slave epic big Bafta winner as Hollywood descends on London

"12 Years a Slave", the distressing tale of a man sold into slavery, was the big winner at the Baftas last Sunday, giving the Steve McQueen directed picture a huge pre-Oscars boost. The film, adapted from Solomon Northup's 1853 memoir, took the coveted be

Published 22 Feb, 2014 12:00am

Obama meets with Dalai Lama despite China warnings

President Barack Obama met exiled Tibetan spiritual leader the Dalai Lama on Friday in a show of concern about China's human rights practices, and in spite of warnings from China the visit would "seriously damage" ties between the two countries. The priva

Published 22 Feb, 2014 12:00am

'Winter's Tale' movie explores love, miracles in adult fairy tale

Fairy tales are not only for children and "Winter's Tale," the film adaptation of a best-selling book, aims to lure even jaded, middle-aged adults into believing in the magic of eternal love and the power of miracles.

Published 22 Feb, 2014 12:00am

Special court kills Musharraf's court martial hopes: plea challenging jurisdiction dismissed

A Special Court trying former army chief Pervez Musharraf on high treason charges Friday ruled that it has jurisdiction to hear the case and summoned him on March 11 for his possible indictment. Announcing its reserved verdict on the issue of jurisdiction

Published 22 Feb, 2014 12:00am

Asian films win big as Chinese thriller takes top Berlin prize

Asian films were big winners at the Berlin International Film Festival last Saturday, led by gritty Chinese thriller "Bai Ri Yan Huo" (Black Coal, Thin Ice) about an overweight detective pursuing a serial killer which took the top Golden Bear prize. Liao

Published 22 Feb, 2014 12:00am

Special court kills Musharraf's court martial hopes: plea challenging jurisdiction dismissed

A Special Court trying former army chief Pervez Musharraf on high treason charges Friday ruled that it has jurisdiction to hear the case and summoned him on March 11 for his possible indictment. Announcing its reserved verdict on the issue of jurisdiction

Published 22 Feb, 2014 12:00am

BRIDGE NOTES: Neat

They all say Bridge is a game of alertness, foresight and the ability to decipher the opponents likely distribution and key cards. At times the level of sustained concentration tends to fall a little when complacency or over confidence seeps in. It is her

Published 22 Feb, 2014 12:00am

Auctions for 3G, 4G in April

The government will hold long-awaited auctions for 3G and 4G telecoms licences this April, the finance minister Ishaq Dar said on Friday, a step that could help boost the cash-strapped country's foreign reserves. A 3G licence will cost $295 million and a

Published 22 Feb, 2014 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 22 Feb, 2014 12:00am

Auctions for 3G, 4G in April

The government will hold long-awaited auctions for 3G and 4G telecoms licences this April, the finance minister Ishaq Dar said on Friday, a step that could help boost the cash-strapped country's foreign reserves. A 3G licence will cost $295 million and a

Published 22 Feb, 2014 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 22 Feb, 2014 12:00am

Auctions for 3G, 4G in April

The government will hold long-awaited auctions for 3G and 4G telecoms licences this April, the finance minister Ishaq Dar said on Friday, a step that could help boost the cash-strapped country''s foreign reserves. A 3G licence will cost $295 million and a

Published 22 Feb, 2014 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 22 Feb, 2014 12:00am

National Assembly body for auction under media glare

In a bid to ensure transparency in the auction for broad-spectrum 3G and 4G technology, a parliamentary panel recommended on Friday that the auction should be held in presence of media. The National Assembly Standing Committee on Information Technology an

Published 22 Feb, 2014 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 22 Feb, 2014 12:00am

National Assembly body for auction under media glare

In a bid to ensure transparency in the auction for broad-spectrum 3G and 4G technology, a parliamentary panel recommended on Friday that the auction should be held in presence of media. The National Assembly Standing Committee on Information Technology an

Published 22 Feb, 2014 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 22 Feb, 2014 12:00am

National Assembly body for auction under media glare

In a bid to ensure transparency in the auction for broad-spectrum 3G and 4G technology, a parliamentary panel recommended on Friday that the auction should be held in presence of media. The National Assembly Standing Committee on Information Technology an

Published 22 Feb, 2014 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

Jamshoro power project: battered rupee contributes to cost escalation

The depreciation of Pak rupee and the relatively rising cost of equipment/consultants has reportedly contributed to increase in 1200MW Jamshoro coal-fired power project from Rs 240 billion to Rs 254 billion in the modified PC-I, it was reliably learnt. So

Published 22 Feb, 2014 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

Jamshoro power project: battered rupee contributes to cost escalation

The depreciation of Pak rupee and the relatively rising cost of equipment/consultants has reportedly contributed to increase in 1200MW Jamshoro coal-fired power project from Rs 240 billion to Rs 254 billion in the modified PC-I, it was reliably learnt. So

Published 22 Feb, 2014 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

Jamshoro power project: battered rupee contributes to cost escalation

The depreciation of Pak rupee and the relatively rising cost of equipment/consultants has reportedly contributed to increase in 1200MW Jamshoro coal-fired power project from Rs 240 billion to Rs 254 billion in the modified PC-I, it was reliably learnt. So

Published 22 Feb, 2014 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

IP gas line contract needs to be altered: Khaqan

Pakistan is committed to completing the Iran-Pakistan gas pipeline project, but wanted to make a few changes in the contract, Federal Minister for Petroleum and Natural Resources, Shahid Khaqan Abbasi said. He was talking to reporters after witnessing the

Published 22 Feb, 2014 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

IP gas line contract needs to be altered: Khaqan

Pakistan is committed to completing the Iran-Pakistan gas pipeline project, but wanted to make a few changes in the contract, Federal Minister for Petroleum and Natural Resources, Shahid Khaqan Abbasi said. He was talking to reporters after witnessing the

Published 22 Feb, 2014 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

IP gas line contract needs to be altered: Khaqan

Pakistan is committed to completing the Iran-Pakistan gas pipeline project, but wanted to make a few changes in the contract, Federal Minister for Petroleum and Natural Resources, Shahid Khaqan Abbasi said. He was talking to reporters after witnessing the

Published 22 Feb, 2014 12:00am

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

ECC to take up LNG issue

The Economic co-ordination Committee of the Cabinet (ECC) will take up the issue of import of Liquefied Natural Gas (LNG) from Qatar in its next meeting. Federal minister for Petroleum and Natural Resources Shahid Khaqan Abbasi told Business Recorder <

Published 22 Feb, 2014 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

ECC to take up LNG issue

The Economic co-ordination Committee of the Cabinet (ECC) will take up the issue of import of Liquefied Natural Gas (LNG) from Qatar in its next meeting. Federal minister for Petroleum and Natural Resources Shahid Khaqan Abbasi told Business Recorder <
Published 22 Feb, 2014 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (February 21, 2014).
Published 22 Feb, 2014 12:00am

ECC to take up LNG issue

The Economic co-ordination Committee of the Cabinet (ECC) will take up the issue of import of Liquefied Natural Gas (LNG) from Qatar in its next meeting. Federal minister for Petroleum and Natural Resources Shahid Khaqan Abbasi told Business Recorder <
Published 22 Feb, 2014 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

IT exemption on PPE: ECC decision causes confusion

A recent decision of the Economic Co-ordination Committee (ECC) of the Cabinet on extension in exemption of power companies from income tax on Purchase Price of Electricity (PPE) has reportedly created confusion in the power sector as FBR has directed ban
Published 22 Feb, 2014 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

IT exemption on PPE: ECC decision causes confusion

A recent decision of the Economic Co-ordination Committee (ECC) of the Cabinet on extension in exemption of power companies from income tax on Purchase Price of Electricity (PPE) has reportedly created confusion in the power sector as FBR has directed ban
Published 22 Feb, 2014 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

IT exemption on PPE: ECC decision causes confusion

A recent decision of the Economic Co-ordination Committee (ECC) of the Cabinet on extension in exemption of power companies from income tax on Purchase Price of Electricity (PPE) has reportedly created confusion in the power sector as FBR has directed ban
Published 22 Feb, 2014 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

EFU GUARANT GROWTH FUND Rates

EFU Guarant Growth Fund Rates on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

SPI inflation up by 9.34 percent year-on-year

The weekly Sensitive Price Indicator (SPI) inflation surged by 9.34 percent year-on-year during the week ended February 20, 2014, reflecting an increase in prices of some essential commodities. The provisional data, released by Pakistan Bureau of Statisti
Published 22 Feb, 2014 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

SPI inflation up by 9.34 percent year-on-year

The weekly Sensitive Price Indicator (SPI) inflation surged by 9.34 percent year-on-year during the week ended February 20, 2014, reflecting an increase in prices of some essential commodities. The provisional data, released by Pakistan Bureau of Statisti
Published 22 Feb, 2014 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

US leads pushback against emerging market angst at G20

The world''s rich nations pushed back against emerging market complaints about the spillover effects of their monetary polices, saying on Friday they had to get their own houses in order and get with the agenda of lifting global growth. As finance ministe
Published 22 Feb, 2014 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

US leads pushback against emerging market angst at G20

The world's rich nations pushed back against emerging market complaints about the spillover effects of their monetary polices, saying on Friday they had to get their own houses in order and get with the agenda of lifting global growth. As finance minister
Published 22 Feb, 2014 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

US leads pushback against emerging market angst at G20

The world's rich nations pushed back against emerging market complaints about the spillover effects of their monetary polices, saying on Friday they had to get their own houses in order and get with the agenda of lifting global growth. As finance minister
Published 22 Feb, 2014 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Friday (February 21, 2014).

Published 22 Feb, 2014 12:00am

Currency	Rate
USD PKR Interbank Selling / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
Saritow Spinning / Jan 31 Saritow Spinning Mills Limited(SSML)	17.92 ▲ 1.63 (10.01%)
Sanghar Sugar / Jan 31 Sanghar Sugar Mills Limited(SANSM)	37.14 ▲ 3.38 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Fateh Sports / Jan 31 Fateh Sports Wear Limited(FSWL)	95.07 ▲ 8.64 (10%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.83 ▼ -4.52 (-9.97%)
Olympia Mills / Jan 31 Olympia Mills Limited(OML)	33 ▼ -3.56 (-9.74%)
Popular Islamic / Jan 31 Popular Islamic Modaraba(PIM)	11.35 ▼ -1.19 (-9.49%)
Sardar Chemical / Jan 31 Sardar Chemical Industries Limited(SARC)	33.11 ▼ -3.13 (-8.64%)
Ashfaq Textile / Jan 31 Ashfaq Textile Mills Limited(ASHT)	15.61 ▼ -1.43 (-8.39%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)
Fateh Ind. / Jan 31 Fateh Industries Limited(FIL)	136 ▼ -11.19 (-7.6%)
ZIL Limited / Jan 31 ZIL Limited(ZIL)	216.12 ▼ -17.36 (-7.44%)

Stock	Volume
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -0.94
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	45,150,993 ▲ 0.25
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.49
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.11
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	20,556,244 ▼ -0.01
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.01
Citi Pharma Ltd / Jan 31 Citi Pharma Ltd.(CPHL)	15,022,230 ▲ 2.93
Hascol Petrol / Jan 31 Hascol Petroleum Limited(HASCOL)	13,297,950 ▼ -0.12
National Bank / Jan 31 National Bank of Pakistan(NBP)	12,863,023 ▲ 6.44

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