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Print - 2014-02-26
Marginal recovery in prices on cotton market

Marginal recovery in prices on cotton market

Rates recovered slightly on the cotton market on Tuesday in the process of trading, dealers said. The official spot rate was unchanged at Rs 6900, they added. Prices of seed cotton in Sindh per 40 kg low type were unchanged at Rs 2400 and Rs 2800, in Punj
Published 26 Feb, 2014 12:00am
Oil cake market rates

Oil cake market rates

The March vaida remained higher on the forward cottonseeds oilcake market due to persisting demand on Tuesday in the process of trading, dealers said. The March contract closed at Rs 1253.70 and it opened with a gain of 60 paisa at Rs 1254.30 in the morni
Published 26 Feb, 2014 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 99,088 tonnes of cargo comprising 62,570 tonnes of import cargo and 36,518 tonnes of export cargo including 1,810 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 62,5
Published 26 Feb, 2014 12:00am
US natural gas futures slide 11 percent

US natural gas futures slide 11 percent

US natural gas futures for March slid 11 percent on Monday after hitting a new five-year high earlier on concern that the high prices may push utilities and industrial firms to cut back on gas usage. Front-month natural gas futures on the New York Mercant
Published 26 Feb, 2014 12:00am
Hong Kong net gold exports to China fall

Hong Kong net gold exports to China fall

Hong Kong's net gold exports to China fell 5.4 percent to 89.745 tonnes in January from 94.847 tonnes in December, reflecting a slowdown in demand from record levels in 2013. Total gold exports to mainland China from Hong Kong slipped to 102.637 tonnes in
Published 26 Feb, 2014 12:00am
Vietnam's coffee prices jump, discounts widen

Vietnam's coffee prices jump, discounts widen

Vietnam coffee prices climbed about 2 percent to 38,500-38,600 dong ($1.83) per kg on Tuesday, the highest since August last year, extending a rally from late last week, traders said. Prices in Vietnam, the world's top robusta producer, followed a surge o
Published 26 Feb, 2014 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

Pakistan Mercantile Exchange (PMEX) witnessed bearish trend on Tuesday. Total value of trade went down by 19 per cent to PKR3,988 million from PKR4,908 million recorded on Monday. Number of lots traded increased to 17,928 from 15,354. PMEX Commodity Index
Published 26 Feb, 2014 12:00am
Soyabeans offers steady at US Gulf Coast

Soyabeans offers steady at US Gulf Coast

Soybean offers at the US Gulf Coast held steady on Monday despite a break in the CIF market, while corn was mostly firm underpinned by steady demand, export traders said. CIF soybean values dropped some 15 cents or more a bushel late Monday as the rally i
Published 26 Feb, 2014 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 26 Feb, 2014 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 26 Feb, 2014 12:00am
State Bank of Pakistan conversion rates

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 26 Feb, 2014 12:00am
State Bank of Pakistan conversion rates

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 26 Feb, 2014 12:00am
Barclays bid rates and maximum rates for payment of interest

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 26 Feb, 2014 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (February 25, 2014).

Published 26 Feb, 2014 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

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

Published 26 Feb, 2014 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (February 25, 2014).

Published 26 Feb, 2014 12:00am
Bill buying rates per unit of currency

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 Tuesday (February 25, 2014).

Published 26 Feb, 2014 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (February 25, 2014).
Published 26 Feb, 2014 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (February 25, 2014).

Published 26 Feb, 2014 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (February 25, 2014).

Published 26 Feb, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (February 25, 2014).

Published 26 Feb, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (February 25, 2014).

Published 26 Feb, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (February 25, 2014).

Published 26 Feb, 2014 12:00am
AML regime: 'insider trading' cases to be considered criminal offences

AML regime: 'insider trading' cases to be considered criminal offences

The cases of 'insider trading' on stock exchanges would be treated as criminal offences under the Anti-Money Laundering (AML) regime as per draft Securities Act yet to be passed by the incumbent government. Sources told Business Recorder on Tuesday
Published 26 Feb, 2014 12:00am
AML regime: 'insider trading' cases to be considered criminal offences

AML regime: 'insider trading' cases to be considered criminal offences

The cases of 'insider trading' on stock exchanges would be treated as criminal offences under the Anti-Money Laundering (AML) regime as per draft Securities Act yet to be passed by the incumbent government. Sources told Business Recorder on Tuesday
Published 26 Feb, 2014 12:00am
Airstrikes kill 30 in Waziristan

Airstrikes kill 30 in Waziristan

Fighter jets bombarded Taliban hideouts in northwest Tuesday, killing at least 30 people according to security sources, in what analysts called an operation to reassert military dominance after peace talks stalled. The morning attacks on the North and Sou
Published 26 Feb, 2014 12:00am
Airstrikes kill 30 in Waziristan

Airstrikes kill 30 in Waziristan

Fighter jets bombarded Taliban hideouts in northwest Tuesday, killing at least 30 people according to security sources, in what analysts called an operation to reassert military dominance after peace talks stalled. The morning attacks on the North and Sou
Published 26 Feb, 2014 12:00am
PHC declares Nato supply blockade by PTI illegal

PHC declares Nato supply blockade by PTI illegal

The Peshawar High Court on Tuesday declared as illegal the stoppage and examination of Afghanistan-bound cargo trucks by the activists of Pakistan Tehreek-i-Insaf in Khyber Pakhtunkhwa and asked the government to take steps towards protection of human and
Published 26 Feb, 2014 12:00am
PHC declares Nato supply blockade by PTI illegal

PHC declares Nato supply blockade by PTI illegal

The Peshawar High Court on Tuesday declared as illegal the stoppage and examination of Afghanistan-bound cargo trucks by the activists of Pakistan Tehreek-i-Insaf in Khyber Pakhtunkhwa and asked the government to take steps towards protection of human and
Published 26 Feb, 2014 12:00am
Sindh Assembly lends support to army

Sindh Assembly lends support to army

A PTI legislator on Tuesday challenged the demands seeking all-out military operation against Taliban, saying the government should uproot terrorism indiscriminately and also take action against the groups that are involved in killings in Karachi. "Taliba
Published 26 Feb, 2014 12:00am
Sindh Assembly lends support to army

Sindh Assembly lends support to army

A PTI legislator on Tuesday challenged the demands seeking all-out military operation against Taliban, saying the government should uproot terrorism indiscriminately and also take action against the groups that are involved in killings in Karachi. "Taliba
Published 26 Feb, 2014 12:00am
Dasu hit by divergent cost estimate snags

Dasu hit by divergent cost estimate snags

Finance Minister Ishaq Dar has reportedly not cleared the World Bank's favoured $7 billion Dasu hydropower project because of differences in cost estimates of key stakeholders, well informed sources told Business Recorder. The project was discussed
Published 26 Feb, 2014 12:00am
Dasu hit by divergent cost estimate snags

Dasu hit by divergent cost estimate snags

Finance Minister Ishaq Dar has reportedly not cleared the World Bank's favoured $7 billion Dasu hydropower project because of differences in cost estimates of key stakeholders, well informed sources told Business Recorder. The project was discussed
Published 26 Feb, 2014 12:00am
Dasu hit by divergent cost estimate snags

Dasu hit by divergent cost estimate snags

Finance Minister Ishaq Dar has reportedly not cleared the World Bank''s favoured $7 billion Dasu hydropower project because of differences in cost estimates of key stakeholders, well informed sources told Business Recorder. The project was discusse
Published 26 Feb, 2014 12:00am
KSE plunges by 214 points

KSE plunges by 214 points

Karachi Stock Exchange (KSE) on Tuesday witnessed a technical correction session as investors preferred to book their profits. The benchmark 100-index plunged by 214 points, closed at 25,559 level against 25,773 level on a day earlier. During the intra-da
Published 26 Feb, 2014 12:00am
KSE plunges by 214 points

KSE plunges by 214 points

Karachi Stock Exchange (KSE) on Tuesday witnessed a technical correction session as investors preferred to book their profits. The benchmark 100-index plunged by 214 points, closed at 25,559 level against 25,773 level on a day earlier. During the intra-da
Published 26 Feb, 2014 12:00am
Sugar mills refuse TCP's offer to match lowest bid

Sugar mills refuse TCP's offer to match lowest bid

Some 48 domestic sugar mills clearly refused to accept Trading Corporation of Pakistan's (TCP) price matching offer for supply of commodity. Sources told Business Recorder on Tuesday that the poor response from the mills has compelled the state run
Published 26 Feb, 2014 12:00am
Sugar mills refuse TCP''s offer to match lowest bid

Sugar mills refuse TCP''s offer to match lowest bid

Some 48 domestic sugar mills clearly refused to accept Trading Corporation of Pakistan''s (TCP) price matching offer for supply of commodity. Sources told Business Recorder on Tuesday that the poor response from the mills has compelled the state ru
Published 26 Feb, 2014 12:00am
Russia warns Saudi Arabia against giving Syria rebels missiles

Russia warns Saudi Arabia against giving Syria rebels missiles

Russia on Tuesday warned Saudi Arabia against supplying Syrian rebels with shoulder-launched missile launchers, saying such a move would endanger security across the Middle East and beyond. The Russian foreign ministry said in a statement that it was "dee
Published 26 Feb, 2014 12:00am
THE RUPEE: dollar recovers

THE RUPEE: dollar recovers

The rupee extended its slide versus the dollar in the interbank market on Tuesday, dealers said. The rupee lost further eight paisa in relation to the dollar for buying and selling at Rs 105.08 and Rs 105.10 respectively, they said.
Published 26 Feb, 2014 12:00am
Russia warns Saudi Arabia against giving Syria rebels missiles

Russia warns Saudi Arabia against giving Syria rebels missiles

Russia on Tuesday warned Saudi Arabia against supplying Syrian rebels with shoulder-launched missile launchers, saying such a move would endanger security across the Middle East and beyond. The Russian foreign ministry said in a statement that it was "dee
Published 26 Feb, 2014 12:00am
THE RUPEE: dollar recovers

THE RUPEE: dollar recovers

The rupee extended its slide versus the dollar in the interbank market on Tuesday, dealers said. The rupee lost further eight paisa in relation to the dollar for buying and selling at Rs 105.08 and Rs 105.10 respectively, they said.
Published 26 Feb, 2014 12:00am
Israel bombs Hezbollah target

Israel bombs Hezbollah target

Israel, bent on halting any transfer of weapons to Lebanon's Hezbollah, has bombarded a position of the powerful Shiite group on the Lebanese-Syrian border, Lebanese sources said on Tuesday. "Two Israeli raids hit a Hezbollah target on the border of Leban
Published 26 Feb, 2014 12:00am
Israel bombs Hezbollah target

Israel bombs Hezbollah target

Israel, bent on halting any transfer of weapons to Lebanon's Hezbollah, has bombarded a position of the powerful Shiite group on the Lebanese-Syrian border, Lebanese sources said on Tuesday. "Two Israeli raids hit a Hezbollah target on the border of Leban
Published 26 Feb, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (February 25, 2014).

Published 26 Feb, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (February 25, 2014).

Published 26 Feb, 2014 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (February 25, 2014).

Published 26 Feb, 2014 12:00am
Obama warns Karzai of full troop withdrawal

Obama warns Karzai of full troop withdrawal

President Barack Obama told his Afghan counterpart Hamid Karzai on Tuesday he is now planning a full US troop withdrawal, but did not rule out agreeing a post-2014 mission with the next Kabul government. The US threat was the latest twist in a long politi
Published 26 Feb, 2014 12:00am
$1.66 billion foreign inflows received in seven months

$1.66 billion foreign inflows received in seven months

Pakistan has received foreign inflows of over $1.66 billion (29 percent) in the first seven months of the current fiscal year out of the total budgeted foreign assistance of $5.74 billion, it is learnt. The government budgeted foreign assistance of $5.74
Published 26 Feb, 2014 12:00am
$1.66 billion foreign inflows received in seven months

$1.66 billion foreign inflows received in seven months

Pakistan has received foreign inflows of over $1.66 billion (29 percent) in the first seven months of the current fiscal year out of the total budgeted foreign assistance of $5.74 billion, it is learnt. The government budgeted foreign assistance of $5.74
Published 26 Feb, 2014 12:00am