News Archives for Print - 2014-04-03

Print - 2014-04-03

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Wednesday (April 02, 2014).

Published 03 Apr, 2014 12:00am

Controversial RPPs: PPP seeks explanation from government

Pakistan People''s Party (PPP) on Wednesday sought an explanation from the PML-N government on why controversial Rental Power Projects (RPPs) have been re-launched under a rubric. Nafisa Shah of PPP on a point of order sought an explanation from the gover

Published 03 Apr, 2014 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (April 02, 2014).

Published 03 Apr, 2014 12:00am

Controversial RPPs: PPP seeks explanation from government

Pakistan People's Party (PPP) on Wednesday sought an explanation from the PML-N government on why controversial Rental Power Projects (RPPs) have been re-launched under a rubric. Nafisa Shah of PPP on a point of order sought an explanation from the govern

Published 03 Apr, 2014 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (April 02, 2014).

Published 03 Apr, 2014 12:00am

Controversial RPPs: PPP seeks explanation from government

Published 03 Apr, 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 Wednesday (April 02, 2014).

Published 03 Apr, 2014 12:00am

Afghanistan: we fully support democratic process: Nawaz

Prime Minister Muhammad Nawaz Sharif on Wednesday said Pakistan believes in a policy of non-interference and fully supports the democratic process in Afghanistan. Talking to Britain's National Security Advisor Kim Darroch here at the PM House he said "our

Published 03 Apr, 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 Wednesday (April 02, 2014).

Published 03 Apr, 2014 12:00am

Afghanistan: we fully support democratic process: Nawaz

Published 03 Apr, 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 Wednesday (April 02, 2014).

Published 03 Apr, 2014 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (April 02, 2014).

Published 03 Apr, 2014 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (April 02, 2014).

Published 03 Apr, 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 Wednesday (April 02, 2014).

Published 03 Apr, 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 Wednesday (April 02, 2014).

Published 03 Apr, 2014 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (April 02, 2014).

Published 03 Apr, 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 03 Apr, 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 03 Apr, 2014 12:00am

Karachi interbank rates

Karachi interbank rates on Wednesday (April 02, 2014).

Published 03 Apr, 2014 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 03 Apr, 2014 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 03 Apr, 2014 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 03 Apr, 2014 12:00am

AHI Carrier Fzc at a glance

AHI Carrier is one of the largest sales, marketing and distribution entity of Carrier offering complete range Carrier & Toshiba HVAC products & solutions.

Published 03 Apr, 2014 12:00am

HVAC&R Industry on Path of Growth Hand in Hand with Infrastructure Development

Heating, Ventilation, Air Conditioning and Refrigeration (HVAC&R) sector in Pakistan is currently showing progress and experts hint at prominent growth every five years in this market. Construction is on the growth, which has contributed significantly to

Published 03 Apr, 2014 12:00am

Message from Chief Operating Officer, Nucon Engineers

Nucon Engineers, a professional managed by a group of High-caliber engineers with 'Carrier' and TOSHIBA specific extensive experience in the HVAC&R fields welcomes the HVAC&R Society of Pakistan's endeavour to hold 21st HVAC&R Expo and Conference in the h

Published 03 Apr, 2014 12:00am

Message from Chief Executive Officer, Nucon Engineers

Nucon Engineers feel immense pleasure in congratulating the Heating, Ventilation, Air Conditioning and Refrigeration (HVAC&R) Society of Pakistan on arranging 21st HVAC&R Exhibition and Expo in historic city of Lahore and at landmark expo center of Pakist

Published 03 Apr, 2014 12:00am

Daily trading report of PMEX

On Wednesday at Pakistan Mercantile Exchange (PMEX) value traded was reported at PKR 3,546 million. Number of lots traded were reported at 13,906 and PMEX Commodity Index closed at 3,011. Major business was contributed by crude oil amounting to PKR 2,740

Published 03 Apr, 2014 12:00am

Honduras March coffee exports rise 13 percent

Coffee exports from Honduras, Central America's top producer, rose 13.3 percent in March compared with the same month last year, the national coffee institute IHCAFE said on Tuesday, while exports from Costa Rica also rose slightly. Honduras exported 747,

Published 03 Apr, 2014 12:00am

CBOT wheat futures end lower

Wheat futures on the Chicago Board of Trade fell on Tuesday as traders exited long wheat/short corn spreads, one day after the USDA reported higher-than-expected US wheat stocks and tighter corn stocks, traders said. CBOT May wheat stayed inside of the pr

Published 03 Apr, 2014 12:00am

Ukraine's March grain exports rise

Ukraine's grain exports reached 2.98 million tonnes in March compared with 2.82 million tonnes in February, the agriculture ministry said on Tuesday. The ministry's data showed that shipments of maize rose to 2.6 million tonnes last month from 2.33 millio

Published 03 Apr, 2014 12:00am

US FOB Gulf soya offers slip again

US FOB Gulf soyabean offers softened again on Tuesday with a sharp rally in futures while corn and wheat FOB offers were mostly unchanged, traders said. CBOT May and July soyabeans set new contract highs for the second straight day on worries about tight

Published 03 Apr, 2014 12:00am

US Midwest corn, soya bids steady to lower

Cash basis bids for corn and soyabeans were mostly steady to lower across the US Midwest on Tuesday, pressured by a spike in farmer sales tied to a rally to multi-month highs in futures for the commodities, grain merchants said. Farmers have sold large am

Published 03 Apr, 2014 12:00am

US natural gas futures falling for third day

US natural gas futures slipped 2 percent on Tuesday, falling for a third day on forecasts of continued mild weather that will reduce heating demand. Front-month natural gas futures on the New York Mercantile Exchange fell 9.5 cents, or 2.1 percent, to $4.

Published 03 Apr, 2014 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 103,275 tonnes of cargo comprising 70,400 tonnes of import cargo and 32,875 tonnes of export cargo including 3,831 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday.

Published 03 Apr, 2014 12:00am

Lacklustre trading due to low demand on cotton market

Low business activity was seen on the cotton market on Wednesday in process of trading, dealers said. The official spot rate was unchanged at Rs 6,600, they said. The prices of seed cotton in Sindh and Punjab per 40 kg were unchanged at Rs 2800-3100, they

Published 03 Apr, 2014 12:00am

Kenyan coffee price falls

The top price of Kenya's benchmark coffee grade eased to $385 per 50 kg bag at this week's auction from $457 per bag last week, the Nairobi Coffee Exchange (NCE) said. Kenya is a relatively small grower but its speciality beans are famous for their high q

Published 03 Apr, 2014 12:00am

Rice prices down on grain market

Prices were lower on the wholesale grain market on Wednesday in the process of trading, dealers said. On the rice sector, Irri-9 Sindh low type was down by Rs 300 to Rs 5500 and the best variety fell by Rs 200 to Rs 5800, Irri-6 Sindh low type was up by R

Published 03 Apr, 2014 12:00am

Japanese firms doubt BOJ price targets, new stimulus seen

Corporate Japan expects the consumer price index to be just 1.5 percent higher in a year from now, a Bank of Japan tankan survey found on Wednesday - a sign of how difficult the central bank could find meeting its 2 percent inflation goal by the April 201

Published 03 Apr, 2014 12:00am

Chrysler recalls SUVs worldwide to fix brake problem

Chrysler said Wednesday it was recalling almost 868,000 sport-utility vehicles worldwide to fix a brake corrosion problem. Chrysler said it had launched an investigation after customers complained about stiff brake-pedal action, which was linked to one ac

Published 03 Apr, 2014 12:00am

Europe fines Goldman Sachs, cable firms over cartel

US investment bank Goldman Sachs, the world's top cablemaker Prysmian, Nexans and eight other cable firms were fined a total of 302 million euros ($416 million) by European regulators for running a cartel. The power cable cartel, made up of six European c

Published 03 Apr, 2014 12:00am

US private-sector hiring breaks out of winter freeze

US companies stepped up hiring in March for a second straight month, offering fresh evidence the economy was regaining momentum after a weather-driven lull over the winter. Private employers added 191,000 workers to payrolls last month and 39,000 more wer

Published 03 Apr, 2014 12:00am

New ratings agency Scope flags 'bail-in' risk for bank investors

The risk that creditors rather than taxpayers will bear the brunt of rescuing a bank in trouble form part of the first credit ratings given to 18 of Europe's biggest banks on Wednesday by new ratings agency Scope. The company, which set up in Berlin in 20

Published 03 Apr, 2014 12:00am

New ratings agency Scope flags 'bail-in' risk for bank investors

Published 03 Apr, 2014 12:00am

Eurozone factory prices slip more than expected in February

Eurozone factory prices fell slightly more than expected in February as the cost of energy dropped again, reinforcing the case for an ECB interest rate cut as early as this week to fend off the threat of deflation. Prices at factory gates in the 18 countr

Published 03 Apr, 2014 12:00am

Dubai to challenge London with Islamic financing platform

Dubai will compete with London for a share of Islamic banks' liquidity management business by offering a new platform for murabaha trading. Many Islamic banks around the world manage their short-term funds with murabaha, in which one bank acquires merchan

Published 03 Apr, 2014 12:00am

India announces first bank licences in a decade

India on Wednesday announced it was issuing two new bank licences for the first time in a decade as it accelerates a push to bring more Indians into the formal banking system. The Reserve Bank of India (RBI) announced "in-principle" approval for Mumbai-ba

Published 03 Apr, 2014 12:00am

IMF warns of economic impact of Ukraine, other crises

International Monetary Fund Managing Director Christine Lagarde warned Wednesday that the political crisis around Ukraine poses a danger to the broader world economy. In a speech in Washington, Lagarde said global growth five years after the Great Recessi

Published 03 Apr, 2014 12:00am

IMF's Lagarde calls on ECB to ease monetary policy

The European Central Bank should ease monetary policy to combat dangerously low inflation that could crimp euro zone output and consumer spending, the head of the International Monetary Fund said on Wednesday. ECB policymakers meet on Thursday and are not

Published 03 Apr, 2014 12:00am

Spanish jobless numbers decline in March

Spain reported Wednesday a slide in jobless numbers in March as the economy gingerly recovered from a long, employment-destroying recession. The number of people registered as unemployed fell by 16,620 from the previous month to 4.80 million in March, the

Published 03 Apr, 2014 12:00am

Cameron comes under pressure over Royal Mail sell-off

British Prime Minister David Cameron came under pressure in parliament on Wednesday over his government's sale of Royal Mail with the opposition Labour party accusing him of selling the firm off too cheaply to a handful of rich London investors.

Published 03 Apr, 2014 12:00am

Dubai's bourse rises to new multi-year high

Dubai's bourse rose to a new multi-year high on Wednesday on the back of banking and property stocks, while markets in Abu Dhabi and Qatar slowed their advance as they neared February peaks. Dubai's benchmark added 1.2 percent on increasing turnover, reac

Published 03 Apr, 2014 12:00am

Indian shares extend record run

Indian shares touched a new high for the eighth straight session on Wednesday and non-bank financial companies such as IDFC Ltd surged after the election commission allowed the central bank to announce new bank licences. Heavy foreign buying continued to

Published 03 Apr, 2014 12:00am

Wednesday's midday trade: stocks edge up, S&P 500 holds at record

US stocks inched higher on Wednesday, pushing the S&P 500 to another intraday record, after data suggested the economy was slowly building momentum after a winter-related pullback earlier in the year. Eight of 10 S&P 500 sectors were in positive territory

Published 03 Apr, 2014 12:00am

S&P closes at record after manufacturing data

US stocks rose for a third straight session on Tuesday, with the S&P 500 ending at a record close, after positive data on factory activity indicated economic growth was gaining traction following a harsh winter. Gains were broad, with areas of the market

Published 03 Apr, 2014 12:00am

Australian shares up

Australian shares rose 0.3 percent on Wednesday, underpinned by miners and a record high close on Wall Street, though sentiment was soured somewhat by a profit warning from Goodman Fielder. The S&P/ASX 200 index added 14.1 points to close at 5,403.3. The

Published 03 Apr, 2014 12:00am

Long-dated bond yields edge higher

Longer-term US Treasuries yields rose on Tuesday following upbeat US manufacturing data, while medium-term yields held steady after Federal Reserve Chair Janet Yellen's recent comments defending the Fed's easy monetary policy. The Institute for Supply Man

Published 03 Apr, 2014 12:00am

Long-dated bond yields edge higher

Published 03 Apr, 2014 12:00am

Tokyo stocks soar

Tokyo shares rose 1.04 percent Wednesday, tracking a rally on Wall Street following solid manufacturing data and a Federal Reserve assurance of support for the US economy. The headline Nikkei 225 index added 154.33 points to close at 14,946.32, while the

Published 03 Apr, 2014 12:00am

Hong Kong and China stocks up

Hong Kong shares edged up 0.34 percent Wednesday, in line with a regional rally following a record close on Wall Street in response to upbeat manufacturing data in China, Europe and the United States. The benchmark Hang Seng Index added 75.40 points to 22

Published 03 Apr, 2014 12:00am

Nestle and Deutsche Post prop up European shares

Gains in Nestle and Deutsche Post propped up European shares on Wednesday, extending the benchmark index's winning streak into a seventh straight day. Expectations that the European Central Bank may introduce new stimulus measures soon acted as a further

Published 03 Apr, 2014 12:00am

South African stocks hit record highs

South African stocks hit a record high for the second day in a row on Wednesday, with mining shares leading the pack on the continent's biggest bourse. Metal prices cruised higher during the session with copper hitting a more than 3-week high, boosting mi

Published 03 Apr, 2014 12:00am

Southeast Asian markets: Philippine outperforms amid inflows

Philippine shares scaled their five-month peaks on Wednesday after gains in large caps and foreign fund inflows while shares in political crisis-hit Thailand eked out further gains to a near 1,400 mark helped by selective buying in banking stocks. The Phi

Published 03 Apr, 2014 12:00am

Banks, miners nudge FTSE to three-week high

Britain's bluechip shares inched higher on Wednesday, propped up by cyclical banks and mining companies on encouraging economic news in the United States. The FTSE 100 ended up 6.43 points, or 0.1 percent, at 6,659.04 points, its highest close since March

Published 03 Apr, 2014 12:00am

Australian and New Zealand dollar dip

The Australian and New Zealand dollars were lower against the US dollar on Wednesday as a mix of soft data and profit taking knocked the commodity currencies off recent highs. The Aussie was around $0.9232 from $0.9246 in late New York trade, after it had

Published 03 Apr, 2014 12:00am

Yen extends slide in Asia

The yen found little reprieve on Wednesday and hit a 10-week low against the dollar, as risk appetite stayed buoyant and investors continued to bet on more stimulus from China. The dollar bought 103.84 yen, after hitting a peak of 103.935 yen as improving

Published 03 Apr, 2014 12:00am

Dollar, euro steadies in London

The dollar and euro backed off after a surge higher against the yen on Wednesday, with the chances of a breakout of long-held ranges looking dependent on US jobs data due later in the session and on Friday. The major currency pairs have all been stuck in

Published 03 Apr, 2014 12:00am

Early trade in New York: dollar little changed versus majors

The dollar was little changed against a basket of major currencies on Wednesday after private payrolls data showed US businesses shaking off some of the chill on hiring left by harsh winter weather. The US dollar index was flat at 80.09, with the dollar u

Published 03 Apr, 2014 12:00am

Dollar down in New York

The dollar eased on Tuesday as currency traders looked ahead to key US jobs data due Friday and shrugged off a report showing growth at US factories accelerating. The dollar index slipped 0.02 percent to 80.086, off a two-week high of 80.296 on Monday, wh

Published 03 Apr, 2014 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 77.67-77.67 (77.67-77.67). Call Money Rates: 06.00-08.00 percent (previous 05.00-08.00 percent). ( revised).

Published 03 Apr, 2014 12:00am

Indian rupee retreats

The Indian rupee retreated after earlier hitting its highest level in eight months on Wednesday as importers rushed in to buy dollars, while traders also speculated about possible central bank intervention. The central bank is suspected to have been buyin

Published 03 Apr, 2014 12:00am

Risk appetite supports Asia forex

Most emerging Asian currencies extended gains on Wednesday as risk sentiment improved with strong US economic data and sustained hopes of stimulus steps from China, while the yuan rose after the central bank fixed its daily midpoint stronger. The South Ko

Published 03 Apr, 2014 12:00am

Sterling strengthens

Sterling rose against the dollar and the euro on Wednesday, helped by solid construction data for March, a sign of robust economic growth in the first quarter. The improved outlook kept alive the chances that the Bank of England may have to tighten moneta

Published 03 Apr, 2014 12:00am

FIFA orders shock transfer ban on Barcelona

FIFA on Wednesday banned Spanish giants Barcelona from buying players for the next two transfer windows for "serious" breaches of rules on under-age players. FIFA's Disciplinary Committee found Barcelona and the Spanish Football Association (RFEF) guilty

Published 03 Apr, 2014 12:00am

Four cyclists from Balochistan reach Lahore

Four cyclists from Balochistan namely M. Ayaz, Niaz Muhammad, Gul Durrani and Javaid Ali have reached Lahore on Wednesday to highlight the campaign for Narcotics Control in Punjab. Talking to media on arrival here, the cyclists lauded the gestures shown a

Published 03 Apr, 2014 12:00am

Karachi United to represent Pakistan at SCB's tournament

Standard Chartered recently organised the final of the Anfield Football tournament. Three finalist teams, with seven players each from three major cities ie Karachi, Lahore and Islamabad, battled to represent Pakistan at the Global Standard Chartered Trop

Published 03 Apr, 2014 12:00am

Players to be made answerable for defeat: Sethi

Hinting at some changes in cricket team as well as management, Pakistan Cricket Board (PCB) Chairman Najam Sethi Wednesday said there will be accountability in the team and explanation would be sought from players over the defeat in the World Cup Twenty20

Published 03 Apr, 2014 12:00am

World T20 first semi-final today: West Indies can make history: Sammy

West Indian captain Darren Sammy was confident Wednesday that his side can achieve what no other team has done in the history of the World Twenty20 - defend the title. Famous for playing a cavalier brand of cricket, the West Indies won the fourth edition

Published 03 Apr, 2014 12:00am

Street World Cup: Pakistan beat India 13-0

Not a cricket bat in sight. Instead, a taste of the "Maracana" atmosphere as Pakistani and Indian street children met Tuesday at the Street Child World Cup in Rio. The result, a thumping 13-0 win for the Pakistanis, was immaterial, team delegations stress

Published 03 Apr, 2014 12:00am

Eighteen countries ratify UN treaty on arms trade

A total of 18 countries filed documents Wednesday ratifying a UN treaty to regulate the $80-billion-a-year conventional arms trade. One year after the Arms Trade Treaty was adopted by the General Assembly, 31 countries have ratified it. The treaty will ta

Published 03 Apr, 2014 12:00am

Iraq attacks kill 14 as UN warns of 'divisive' polls

Attacks against security forces killed 14 people Wednesday as the UN's envoy to Iraq warned that the country's election campaign would be "highly divisive" amid a year-long surge in bloodshed. The attacks came on the second day of campaigning for April 30

Published 03 Apr, 2014 12:00am

Assad says Russia 're-establishing multipolar world'

Syrian President Bashar al-Assad said Wednesday that key ally Moscow had helped re-establish "a multipolar world", as he met with a high-level Russian delegation in Damascus. The delegation was delivering a message from Russian President Vladimir Putin, w

Published 03 Apr, 2014 12:00am

Sri Lanka labels foreign Tamil groups as 'terror' networks

Sri Lanka has designated 15 foreign organisations run by ethnic Tamils as "terrorist groups", accusing them of trying to revive a separatist war which ended in 2009, an official said Wednesday. The government suspects the groups of being linked to the sep

Published 03 Apr, 2014 12:00am

Chileans return to homes after huge quake kills six

Thousands of Chileans returned to their homes on Wednesday after spending the night on the hills following a powerful 8.2-magnitude earthquake that killed six people and sparked tsunami alerts. The huge quake in the north of the major mining country sent

Published 03 Apr, 2014 12:00am

France, Germany unveil new partnership at EU-Africa summit

African and European leaders held crisis talks Wednesday on the "terrifying" violence in the Central African Republic, where peacekeepers have been unable to stop a deadly spiral of Christian-Muslim strife. As some 80 leaders from the two continents kicke

Published 03 Apr, 2014 12:00am

Ukraine moves to grant more power to regions

Crisis-hit Ukraine took the first step Wednesday toward granting more powers to the regions in line with Western wishes but stopped well short of creating the federation sought by Russia. The Western-backed team unveiled its high-stakes plan under the dua

Published 03 Apr, 2014 12:00am

Scientists date Moon at 4.470 billion years

The Moon was formed about 95 million years after the birth of our Solar System, in a collision that also settled the structure of Earth as we know it, according to the latest attempt at dating that impact. A study in the journal Nature said the crash betw

Published 03 Apr, 2014 12:00am

Masimov returns as Kazakh Prime Minister to face economic crisis

Kazakh President Nursultan Nazarbayev appointed Karim Masimov as his new prime minister on Wednesday, describing him as well-equipped to work with global finance and attract foreign investment in difficult times. Nazarbayev said he was worried because the

Published 03 Apr, 2014 12:00am

US senator accuses GM of 'culture of cover-up' in recalls

General Motors Co came under withering attack for its decade-long failure to notify the public about defective parts linked to fatal crashes, as a US Senate hearing opened on Wednesday with accusations that the company fostered "a culture of cover-up." De

Published 03 Apr, 2014 12:00am

US court removes limits on overall campaign donations

The US Supreme Court on Wednesday removed the overall limit on contributions a donor can make to political candidates, a move that could open the floodgates to campaign funding by rich individuals. The move was immediately hailed by Republicans, who are g

Published 03 Apr, 2014 12:00am

Cotton futures tumble on worries over excess supplies

Cotton futures sank on Tuesday as traders worried about increasing supplies in the United States, the world's top exporter, and waning demand. The most-active May cotton contract on ICE Futures US settled down 1.45 cents, or 1.6 percent, at 92.07 cents a

Published 03 Apr, 2014 12:00am

Shanghai copper gains

The most-traded July copper contract on the Shanghai Futures Exchange also gained more than 1 percent before finishing the session at 46,790 yuan ($7,500) a tonne on Wednesday after a powerful earthquake off the coast of top mine supplier Chile triggered

Published 03 Apr, 2014 12:00am

Copper hits more than three-week high

Copper rose to its highest in more than three weeks on Wednesday after a powerful earthquake off the coast of top miner Chile triggered a tsunami alert, raising concerns about supply. Copper prices jumped 1 percent on reports of the major earthquake near

Published 03 Apr, 2014 12:00am

Brent crude loses over $1 as Libya port deal nears

Brent oil fell by nearly $1 to its lowest price in almost five months on Wednesday, pulling US crude lower with it, on expectations that rebel-held Libyan ports will reopen within days. Crude prices on both sides of the Atlantic had tumbled nearly 2 perce

Published 03 Apr, 2014 12:00am

Rubber drops

Tokyo rubber futures dropped more than 3 percent on Wednesday to the lowest in three weeks due to profit-taking, while falling Shanghai rubber futures added pressure on TOCOM, dealers said. The Tokyo Commodity Exchange rubber contract for September delive

Published 03 Apr, 2014 12:00am

Rotterdam vegetable oil prices

Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

Published 03 Apr, 2014 12:00am

Rotterdam vegetable oil prices

Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

Published 03 Apr, 2014 12:00am

Soya and corn extend rally

US soyabean futures rose 1.4 percent on Tuesday, with old-crop months hitting fresh contract highs on follow-through buying after a government report confirmed that the tight domestic supply situation is likely to persist until harvest. "The US Agricultur

Published 03 Apr, 2014 12:00am

Palm oil up

Malaysian palm oil futures ended higher for the first time this week on Wednesday, following strong gains in overseas soyoil markets with investors pinning hopes that tighter supplies of competing oilseeds would drive demand to palm. Tight supplies of soy

Published 03 Apr, 2014 12:00am

Coffee prices seesaw

Arabica coffee futures on ICE were lower on Wednesday, in a heavily-traded session that spanned a wide 10-cent range as day traders tested chart-based levels on both sides of unchanged. Raw sugar on ICE Futures US and white sugar on Liffe fell for the thi

Published 03 Apr, 2014 12:00am

Gold falls in New York

Gold fell to a seven-week low on Tuesday after firm US manufacturing data lifted US equities, but strong physical demand from Asia was expected to underpin prices. Bullion came under pressure after data showed US factory activity rose in March, with produ

Published 03 Apr, 2014 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

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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