News Archives for Print - 2014-04-12

Print - 2014-04-12

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 (April 11, 2014).

Published 12 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 Friday (April 11, 2014).

Published 12 Apr, 2014 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (April 11, 2014).

Published 12 Apr, 2014 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (April 11, 2014).

Published 12 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 Friday (April 11, 2014).

Published 12 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 Friday (April 11, 2014).

Published 12 Apr, 2014 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (April 11, 2014).

Published 12 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 12 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 12 Apr, 2014 12:00am

Karachi interbank rates

Karachi interbank rates on Friday (April 11, 2014).

Published 12 Apr, 2014 12:00am

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 12 Apr, 2014 12:00am

BRIDGE NOTES: Seek and you shall find

Bridge is the one game which requires a high sustained concentration level throughout because every deal is a challenge for all - the declarer as well has the defenders. While the declarer takes stock of the dummy to assess the potential of his contract,

Published 12 Apr, 2014 12:00am

Italian post-war fashion gets museum outing in London

Rarely seen Bulgari jewellery once owned by actress Elizabeth Taylor and suits, dresses, gowns and accessories by top names in post-war Italian fashion are on display at an exhibition opened last week at London's Victoria & Albert Museum. "The Glamour of

Published 12 Apr, 2014 12:00am

If buildings could talk?

If buildings could talk, what would they tell us? German art-house dirctor Wim Wenders, Robert Redford and four other filmmakers ponder, prod and probe the "souls" of six iconic landmarks in a film. Unusually for the big screen, bricks and mortar take the

Published 12 Apr, 2014 12:00am

Jude Law explodes as hot-headed safecracker in 'Dom Hemingway'

With an extra 20 pounds, an impressive paunch and bad teeth, actor Jude Law, best known for his golden boy roles, transforms himself into a sleazy, ranting southeast London safecracker in the film "Dom Hemingway." It is Law, Oscar nominated for "The Talen

Published 12 Apr, 2014 12:00am

Oh no! Comic book character 'Archie' dies in end of series

Archie Andrews, the fictional red-headed, American teenager in the popular "Archie" comics, will die in the conclusion of a flash-forward series this summer, according to its publisher. In the series of his adventures after high school and college, the ic

Published 12 Apr, 2014 12:00am

Conference on climate change adaptation

Leading climate change researchers, policy making officials, and disaster response experts gathered at the Climate Change Adaptation Conference on 9th April in Gilgit to discuss the impact of global warming and ways to mitigate risks at the community and

Published 12 Apr, 2014 12:00am

Online news attracts star power and big money

The news media is generating some big news of its own, as a growing number of star US journalists move online, bringing followers and financial backers with them. Online news sites have been around for years, but in recent months the trend has gained mome

Published 12 Apr, 2014 12:00am

'Heartbleed' bug puts encrypted data in danger

Trust in the Internet took a major blow on Tuesday as alarm spread that software commonly used to encrypt and secure online transactions could wind up giving away the store. Computer security specialists, website masters, and fans of online privacy were w

Published 12 Apr, 2014 12:00am

Apps help drivers unlock their cars' secrets

What secrets are your car keeping from you? There's a host of apps waiting out there to help you find out. Although most cars are very forthcoming with basic information like speed, engine revolutions per minute and coolant temperature, there's actually a

Published 12 Apr, 2014 12:00am

Birds of a feather: hummingbird family tree unveiled

For such small creatures, hummingbirds certainly have racked up an outsized list of unique claims to fame. They are the smallest birds and the smallest warm-blooded animals on Earth. They have the fastest heart and the fastest metabolism of any vertebrate

Published 12 Apr, 2014 12:00am

Fasting in the land of plenty

What to give the patient who has everything? Well-off Germans in Europe's top economy are increasingly deciding less is more and fasting to cure what ails them. High-end clinics specialising in deprivation rather than pampering are all the rage in Germany

Published 12 Apr, 2014 12:00am

ART FACTS: Silent historical structures

Abdul Jabbar's subject of interest in his solo exhibition of paintings at Citi Art Gallery, Karachi is old historical buildings and old city residences. Such buildings are often perceived as cultural symbols and as work of art and therefore fascinate many

Published 12 Apr, 2014 12:00am

KARACHI CHRONICLE: Punch that paunch

There are too many guys with pot bellies in our Police force. Once I counted an astonishing 14 paunches in a line of 15 policemen. I saw them on one side of Abdullah Haroon Road, as I drove down to the Karachi Press Club. May be there were more bellies on

Published 12 Apr, 2014 12:00am

Romania keeps ancient tradition of bee medicine alive

Bee venom to combat multiple sclerosis, pollen for indigestion, honey to heal wounds - the humble bee has been a key source of alternative medicines since ancient times, and Romania is working to keep the tradition of "apitherapy" alive.

Published 12 Apr, 2014 12:00am

Story of a diplomat's wife who falls in love with Sindh's women

Joan Dodman is the wife of US Consul General in Karachi. Her energetic role in the field of mother child health care services has made her a famous foreign personality throughout Sindh. Mrs. Dodman is one of the first high profile diplomats' wives to ac

Published 12 Apr, 2014 12:00am

First mobile pipe testing laboratory opens in Punjab

Provincial Minister for Housing, C&W and Public Health, Engineering Tanvir Aslam Awan has inaugurated first mobile pipe testing laboratory in Punjab. This mobile lab will examine pipelines of sewerage and drinking water in government schemes. Provincial S

Published 12 Apr, 2014 12:00am

PTI criticises loan scheme, Punjab youth festival

Pakistan Tehreek-e-Insaf (PTI) has lambasted the Punjab government for plundering the taxpayers' money in the name Punjab Youth Festival. While addressing a press conference here on Friday, PTI Punjab President Ejaz Chaudhary said the festival, which is a

Published 12 Apr, 2014 12:00am

Polio eradication: Punjab government evolves new strategy

Punjab government has started implementing a new strategy for polio eradication under which children travelling from KPK to Punjab through trains and by road would be administered polio drops so that children who deprived from vaccination in KPK could be

Published 12 Apr, 2014 12:00am

Agriculture and livestock: Pakistan, Australia natural partners, HC tells LCCI chief

Pakistan and Australia are natural partners in agriculture sector as Pakistan has a rich agriculture tradition while Australia is world leader in agriculture research and innovation. This was stated by Australian High Commissioner (HC) Peter Heyward while

Published 12 Apr, 2014 12:00am

Correction

In the cotton analysis carried by Business Recorder on 11th April, 2014 (Friday), the line pertaining to recall of vehicles by Toyota Motors should be read as: "Moreover, shares of Toyota Motors came tumbling down when it was announced that it woul

Published 12 Apr, 2014 12:00am

Yaseen Lakhani elected KSBA chief

After demutualization of Karachi Stock Exchange Limited (KSEL), when 200 members became brokers/shareholders, they have made Karachi Stock Brokers Association (KSBA), it was learnt on Friday. A senior stock broker Yaseen Lakhani and another senior person

Published 12 Apr, 2014 12:00am

SBP injects Rs 308,750 million through OMO

The State Bank of Pakistan on Friday injected Rs 308,750 million for seven days into the market through its open market operation. The bids received amounted to Rs 314,950 million. The rate of return is 10.15 percent, said an SBP press release here.

Published 12 Apr, 2014 12:00am

SBP deputy governor's appointment questioned

Sindh High Court (SHC) on Friday put secretary Finance Ministry, Acting Governor State Bank of Pakistan (SBP) and other officials on notice on a petition questioning the appointment of Deputy Governor Ashraf Mahmood Wathra as acting governor SBP.

Published 12 Apr, 2014 12:00am

NAB official commends KP government for establishing PPRA

Director General (DG) National Accountability Bureau (NAB) Khyber Pakhtunkhwa, Shahzad Saleem has said that the pinpointing loopholes in our public procurement system by outsiders is a matter of great concern for them. This is our country, our motherland;

Published 12 Apr, 2014 12:00am

New gas schedule for Sindh CNG stations: loadshedding to be reduced to two days a week: SSGC MD

Managing Director (MD) Sui Southern Gas Company (SSGC), Zaheer Siddiqui, on Friday announced that gas load shedding for CNG stations in Sindh will be reduced to 2 days a week. At present the load shedding is being carried out for three days a week in the

Published 12 Apr, 2014 12:00am

FCCI President underscores need for broadening tax base

Narrow tax base should be broadened immediately to generate much needed revenue for the development of Pakistan and revival of national economy, said Engr. Suhail Bin Rashid, President Faisalabad Chamber of Commerce & Industry (FCCI). He was addressing a

Published 12 Apr, 2014 12:00am

Seminar endorses 'World Anti-Crisis Plan'

Experts at a seminar held at Institute of Policy Studies termed the 'World Anti-Crisis Plan' a comprehensive document that can be built upon to overcome the multidimensional challenges posed by the global financial crisis.

Published 12 Apr, 2014 12:00am

Honda Atlas plants 10,000 trees nation-wide

Honda Atlas Cars Pakistan Limited (HACPL) has always held strong to its commitment towards nurturing a greener planet. As a part of the same pledge HACPL undertook another initiative of a nation-wide tree plantation activity. The tree plantation activity

Published 12 Apr, 2014 12:00am

PARTLY FACETIOUS: Russia has leverage over Western Europe

"Leverage is what we don't understand."

Published 12 Apr, 2014 12:00am

Sky-rocketing prices

For the last few months, the prices of essential commodities have been elevating. With the not-so-good salary, it has become arduous for the majority ie middle class people of our country to survive. A man with a less income finds it more strenuous to pul

Published 12 Apr, 2014 12:00am

Brazil probes Texas refinery, has bigger problems at home

The purchase of a Texas oil refinery by Brazil's state-run oil company has become a campaign issue as opponents of President Dilma Rousseff use it to attack her reputation as a no-nonsense manager and weaken her lead aahead of the October election Roussef

Published 12 Apr, 2014 12:00am

Budget 2014-15: Essential tax reforms - II

CHAPTER 3

Published 12 Apr, 2014 12:00am

Economic disasters in Pakistan

This might come as a surprise but it is worth exploring. How much has Pakistan spent on Board of Investment and how much foreign direct investment have they brought to Pakistan? The answer will not be forthcoming for they have been grossly wrong in their

Published 12 Apr, 2014 12:00am

The sad state of Punjab hospitals

There is a common perception, based on public experience, that while Pakistan boasts some of the best medical professionals, patients often times suffer from complications due to poor quality of care in hospital wards, even in intensive care units. A pres

Published 12 Apr, 2014 12:00am

Capital market: After a hiatus of 7 years

Pakistan has returned to the international capital market with a bang. Set to initially raise dollar 500 million in the international market through the floatation of Eurobonds which was later raised to dollar 2.0 billion, the amount subscribed was almost

Published 12 Apr, 2014 12:00am

Nickel at 13-month high, copper rises

Nickel hit a 13-month high on Friday as Indonesia's ban on ore exports kept market supplies tight, though risks are rising that lofty prices will encourage buyers to look for cheaper sources of supply. Aluminium prices were also set for their third weekly

Published 12 Apr, 2014 12:00am

Rubber posts 4th weekly loss

Benchmark Tokyo rubber futures posted their fourth straight week of losses on Friday amid worries over slowing demand in top buyer China. The benchmark rubber contract on the Tokyo Commodity Exchange (TOCOM) for September delivery fell 2 yen, or 0.9 perce

Published 12 Apr, 2014 12:00am

Rotterdam vegetable oil prices

Friday's Rotterdam vegetable oil prices at 1600 GMT.

Published 12 Apr, 2014 12:00am

Rotterdam vegetable oil prices

Friday's Rotterdam vegetable oil prices at 1600 GMT.

Published 12 Apr, 2014 12:00am

Wheat sags

US wheat futures fell 1 percent on Thursday on wetter forecasts for parts of the drought-hit southern Plains wheat belt as well as disappointing weekly export sales data, traders said. Soyabeans sagged as Chinese defaults on purchases of US and Brazilian

Published 12 Apr, 2014 12:00am

Palm oil recovers

Malaysian palm oil futures hit two-month lows before turning positive late on Friday, as lower comparative oils and crude prices offset industry stocks data from the previous session. By the close, the benchmark June contract on the Bursa Malaysia Derivat

Published 12 Apr, 2014 12:00am

Coffee drops

Arabica coffee futures on ICE turned lower for the first time in seven sessions on Friday, on forecasts for rain in top grower Brazil, but made their strongest weekly performance in five weeks after surging to two-year highs on output concerns. London whi

Published 12 Apr, 2014 12:00am

Gold extends rally in New York

Gold rose to its highest price in more than two weeks on Thursday, boosted by a sharp pullback in US equities and follow-through buying a day after minutes from the Federal Reserve's latest policy meeting revealed its cautious approach in future interest-

Published 12 Apr, 2014 12:00am

Gold firms in Asia

Gold was trading near its highest in 2-1/2 weeks on Friday, on track for its best week in a month on weaker equities and growing hopes the US Federal Reserve would hold off on raising interest rates. Spot gold was steady at $1,317.50 an ounce by 0647 GMT,

Published 12 Apr, 2014 12:00am

Gold steadies in Europe

Gold held around 2-1/2 week highs on Friday, heading for its biggest weekly gain in a month on sagging risk appetite and increasing hopes the US Federal Reserve will hold off on raising interest rates as soon as early next year. A day earlier, bullion hit

Published 12 Apr, 2014 12:00am

India's commodities trade volumes fall

Commodity futures trading volumes in India fell 40.49 percent in the year to March 2014, its second straight year of decline, the market regulator said on Tuesday. In value terms, futures trading at commodity exchanges fell to 101.44 trillion rupees ($1.6

Published 12 Apr, 2014 12:00am

US MIDDAY: soyabeans extend drop

US soyabeans fell for a second straight session on Friday, dropping further below an eight-month high touched earlier this week, as Chinese importers' defaults on purchases of the oilseed weighed on prices. Corn sagged while wheat was near flat in choppy

Published 12 Apr, 2014 12:00am

US MIDDAY: palladium jumps

Palladium prices shot through $800 an ounce for the first time in almost three years on Friday after a burst of heavy early buying triggered light buy stops as investors bet on tightening supplies from top exporter Russia and strong automotive demand.

Published 12 Apr, 2014 12:00am

ICE cotton futures steady, close week down 2.4 percent

Cotton futures were little changed on Friday, bouncing off chart-based support after initially extending the prior session's weakness to multi-week lows on falling demand. The most-active July cotton contract on ICE Futures US inched up 0.16 cent, or 0.2

Published 12 Apr, 2014 12:00am

US crude nears six-week high

US crude oil rose to near a six-week high on Friday, steered by stronger gasoline demand and a positive consumer confidence report, but gains were capped by profit taking and a declining demand outlook. The International Energy Agency lowered its global d

Published 12 Apr, 2014 12:00am

Daily trading report of PMEX

On Friday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2,003 million. The numbers of lots traded were recorded at 10,417 and PMEX Commodity Index closed at 3,006. Major business was contributed by gold amounting to PKR 1,156 million, follow

Published 12 Apr, 2014 12:00am

Indian sugar and soyabean futures lower

Indian sugar futures were trading lower on Thursday on profit-taking driven by correction in overseas market, though robust demand in local spot markets limited the downside. At 1217 GMT, the key May contract was down 0.29 percent at 3,137 Indian rupees p

Published 12 Apr, 2014 12:00am

US Plains HRW wheat bids flat

Hard red winter wheat spot basis bids in the US Plains were unchanged on Thursday, merchants said. Drought was a continuing concern in the Plains, including in top wheat producer Kansas.

Published 12 Apr, 2014 12:00am

Activities at Karachi and Qasim ports

The Karachi Port handled 87,784 tonnes of cargo comprising 63,734 tonnes of import cargo and 24,050 tonnes of export cargo including 4,729 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 63,73

Published 12 Apr, 2014 12:00am

FOB US Gulf soya weakens as Chinese demand overhang

FOB US Gulf soyabean values were steady to softer late Thursday as a cloud of uncertainty about Chinese demand overhung the market after some importers defaulted on US and Brazilian soya purchases, traders said. FOB corn basis offers were steady to firm w

Published 12 Apr, 2014 12:00am

US wheat futures end down

US wheat futures fell on Thursday as some forecasts called for beneficial rains in the drought-hit southern Plains, traders said. Market also still digesting Wednesday's USDA report in which the government raised its forecast for global 2013/14 wheat stoc

Published 12 Apr, 2014 12:00am

US natural gas futures rise 1.5 percent

US natural gas futures rose 1.5 percent on Thursday after a government report showed a smaller-than-expected storage addition, raising concern that the industry is making a slow start in replenishing supplies needed for the next heating season. Front-mont

Published 12 Apr, 2014 12:00am

China soya imports may drop as bird flu crimps animal feed demand

Chinese soyabean imports will drop as processors cannot cover their costs with a bird flu outbreak sapping demand for the animal feed ingredient they make. Imports to the country, which typically buys 60 percent of the oilseed traded in the world, could f

Published 12 Apr, 2014 12:00am

Cotton market: business tracks global trend

Most of the buyers kept on the sidelines as global market depressed following the different factors, dealers said on the cotton market on Friday. The official spot rate was unchanged at Rs 6,500, they added. Prices of seed cotton in Sindh and Punjab per 4

Published 12 Apr, 2014 12:00am

No change on grain market

According to the press release of the Wholesale Grain Merchant Group, not a single commodity item showed any change in the overnight rates on Friday.

Published 12 Apr, 2014 12:00am

India's industrial output slides

India's industrial production slid by an unexpected 1.9 percent in February, data showed Friday, underscoring the huge economic revival challenge facing the new government that emerges from elections now under way. The tumble in output in February from In

Published 12 Apr, 2014 12:00am

US charges nine in million-dollar bank hacking case

US officials said Friday that nine people, including three Ukrainians and a Russian, were charged in a scheme that stole millions of dollars by hacking into online bank accounts. An indictment unsealed Friday alleges that the hackers used "Zeus" malware t

Published 12 Apr, 2014 12:00am

Crimea clouds oil market outlook: IEA

The global oil market is returning to a rough balance but Russia's annexation of Crimea has clouded the outlook with both supply and demand growth to slow, the International Energy Agency said Friday. While the IEA has recently been warning of tight marke

Published 12 Apr, 2014 12:00am

ECB, BoE want more lenient rules on securitized loans

The European Central Bank and the Bank of England on Friday called for easier rules regarding certain securities so as to get credit flowing again in the eurozone economy. In a joint declaration issued at the spring meeting of the International Monetary F

Published 12 Apr, 2014 12:00am

Britain's Cooperative Bank logs huge loss, scraps bonuses

Britain's crisis-hit Co-operative Bank posted a vast annual loss on Friday and axed bonuses for former executives who had left prior to its near-collapse. Operating losses ballooned to £1.28 billion ($2.15 billion, 1.54 billion euros) in 2013, from £674.9

Published 12 Apr, 2014 12:00am

Britain's Cooperative Bank logs huge loss, scraps bonuses

Published 12 Apr, 2014 12:00am

Iran economy stabilising, to soar if deal reached: IMF

Iran's economy is stabilising and will post substantially stronger growth if the Islamic republic reaches a comprehensive deal with world powers on its nuclear program, the IMF said Friday. The International Monetary Fund estimates that Iran's economy shr

Published 12 Apr, 2014 12:00am

JPMorgan profits fall on weak mortgage, trading income

J. P Morgan Chase Friday reported lower earnings due to a drop in its mortgage and trading businesses as the US banking giant seeks to turn the corner after costly legal settlements. J. P Morgan, one of the first major companies to release first-quarter r

Published 12 Apr, 2014 12:00am

JPMorgan profits fall on weak mortgage, trading income

Published 12 Apr, 2014 12:00am

US producer inflation accelerates

US producer prices recorded their largest increase in nine months in March, but that jump will probably not ignite inflation pressures as economic growth remains moderate. The Labour Department said on Friday its seasonally adjusted producer price index f

Published 12 Apr, 2014 12:00am

China auto sales growth slows

Growth in auto sales in China - the world's biggest car market - slowed sharply in March, an industry group said Friday as the economy weakens. Sales of all types of vehicles rose 6.6 percent year-on-year to 2.17 million units in the month, the China Asso

Published 12 Apr, 2014 12:00am

S&P downgrades Finland outlook to 'negative'

Standard and Poor's on Friday downgraded Finland's outlook to "negative," putting a crack in the credit image of one of the few countries to hold the top-notch "AAA" rating. Prior to that, Finland was the only eurozone country to hold both the prized "tri

Published 12 Apr, 2014 12:00am

S&P downgrades Finland outlook to 'negative'

Published 12 Apr, 2014 12:00am

Moody's downgrades Turkey outlook to 'negative'

Moody's rating agency on Friday downgraded its outlook on Turkey to "negative", putting the country's investment-grade rating at risk, saying political uncertainty was affecting investor confidence and casting doubt over further reforms.

Published 12 Apr, 2014 12:00am

Moody's downgrades Turkey outlook to 'negative'

Published 12 Apr, 2014 12:00am

Bond market return shows 'renewed confidence' in Greece: Merkel

German Chancellor Angela Merkel said on Friday during a visit to Athens that Greece's buoyant return to the international bond markets this week showed the world's "renewed confidence" in the crisis-hit country. "I'm delighted, this exit is proof of renew

Published 12 Apr, 2014 12:00am

Bond market return shows 'renewed confidence' in Greece: Merkel

Published 12 Apr, 2014 12:00am

Asia overtakes US as top destination for Venezuela oil

Asia overtook North America last year as the main destination for Venezuelan exports of crude oil and processed fuels, according to preliminary data submitted to parliament by state oil company PDVSA. Asia received an average of 1.04 million barrels per d

Published 12 Apr, 2014 12:00am

Australian shares slip

Australian shares lost 1 percent on Friday, retreating from a near six-year high after a selloff on Wall Street hit market sentiment, while Coca-Cola Amatil Ltd sank to a 4-1/2 year low after the beverage firm issued a profit warning. The S&P/ASX 200 inde

Published 12 Apr, 2014 12:00am

Tokyo stocks fall to six-month low

Tokyo stocks fell 2.38 percent Friday to their lowest close in six months, leading a fall on Asian markets following a sell-off on Wall Street and disappointment over the Bank of Japan's hawkish view on additional easy money. The benchmark Nikkei-225 inde

Published 12 Apr, 2014 12:00am

Friday's afternoon trade: stocks fall in volatile session

US stocks fell in a volatile session on Friday as biotech shares resumed their downward trend and disappointing earnings from J. P Morgan weighed on the financial sector. J. P Morgan Chase & Co shares fell 3.2 percent to $55.59 as the biggest drag on the

Published 12 Apr, 2014 12:00am

Nasdaq marks worst day since November 2011

The Nasdaq suffered its biggest drop in two-and-a-half years on Thursday after another sharp selloff in biotech and momentum names, including Gilead Sciences and TripAdvisor, increasing investor anxiety about a broader pullback.

Published 12 Apr, 2014 12:00am

US bonds rally

The US Treasuries market rallied on Thursday with benchmark yields falling to their lowest in nearly four weeks as market-friendly minutes from the Federal Reserve's March policy meeting renewed appetite for government debt. A steep selloff on Wall Street

Published 12 Apr, 2014 12:00am

US bonds rally

Published 12 Apr, 2014 12:00am

Indian shares hit by profit-taking

Indian shares fell on Friday, retreating from record highs hit in the previous session as blue chips such as Reliance Industries declined ahead of quarterly earnings and inflation data due next week. Sentiment was also hit by a slide in global shares as s

Published 12 Apr, 2014 12:00am

Hong Kong and China stocks down

Hong Kong shares fell 0.79 percent Friday following a heavy sell-off on Wall Street, while Chinese inflation data for March came in below forecasts. The benchmark Hang Seng Index slipped 183.32 points to 23,003.64 on turnover of HK$96.34 billion (US $12.4

Published 12 Apr, 2014 12:00am

European shares sag

European stocks sank on Friday, extending the week's retreat and mirroring a sell-off on Wall Street led by technology and biotech shares that has been fuelled by worries some stock valuations are overstretched. European tech shares were among the most hi

Published 12 Apr, 2014 12:00am

Sri Lankan stocks ends at two-month high

The Sri Lankan share index ended at its two-month high on Friday ahead of a long weekend, helped by foreign inflows and telecom shares. The main stock index gained 0.28 percent, or 17.29 points, to 6,092.34, its highest close since February 11. Many inves

Published 12 Apr, 2014 12:00am

South African stocks down one percent

South African stocks fell more than one percent on Friday, led by e-commerce and media group Naspers, which was hit by a global sell-off of technology shares on concerns that valuations are over-stretched. Shares of Naspers tumbled 6.54 percent to 1,066.2

Published 12 Apr, 2014 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
LSE Capital / Dec 23 LSE Capital Limited(LSECL)	6.68 ▲ 0.65 (10.78%)
Khalid Siraj / Dec 23 Khalid Siraj Textile Mills Limited(KSTM)	10.60 ▲ 1.00 (10.42%)
I.C.C. Ind. / Dec 23 ICC Industries Limited(ICCI)	10.94 ▲ 1.00 (10.06%)
Masood Textile / Dec 23 Masood Textile Mills Limited(MSOT)	55 ▲ 5.00 (10.00%)
TRG Pak Ltd / Dec 23 TRG Pakistan Limited(TRG)	61.15 ▲ 5.56 (10.00%)
Frontier Ceram / Dec 23 Frontier Ceramics Limited(FRCL)	38.21 ▲ 3.47 (9.99%)
Liven Pharma / Dec 23 Liven Pharma Limited(LIVEN)	93.56 ▲ 8.50 (9.99%)
Ghazi Fabrics / Dec 23 Ghazi Fabrics International Limited(GFIL)	11 ▲ 0.96 (9.56%)

Stock	Price
First Elite Cap.Mod / Dec 23 First Elite Capital Modaraba(FECM)	6 ▼ -0.85 (-12.41%)
MCB Invest. Managmt. / Dec 23 MCB Investment Management Limited(MCBIM)	59.01 ▼ -6.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
Kohinoor Textile / Dec 23 Kohinoor Textile Mills Limited(KTML)	110.18 ▼ -9.70 (-8.09%)
Next Capital / Dec 23 Next Capital Limited(NEXT)	7.25 ▼ -0.53 (-6.81%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.62 ▼ -0.77 (-6.76%)
Blessed Tex. / Dec 23 Blessed Textiles Limited(BTL)	245.01 ▼ -14.99 (-5.77%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6.18 ▼ -0.36 (-5.50%)
Saritow Spinning / Dec 23 Saritow Spinning Mills Limited(SSML)	8.80 ▼ -0.47 (-5.07%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.08
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.21
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.09
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.46
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	30,423,419 ▲ 0.12
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.13
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	23,717,939 ▲ 1.81
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▼ -0.14
Hub Power Co. / Dec 23 The Hub Power Company Limited(HUBC)	20,727,996 ▲ 1.35

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