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Print - 2014-08-05
PTI leader killed in Dera Ismail Khan blast

PTI leader killed in Dera Ismail Khan blast

A roadside bomb killed a local religious leader and two other people in Dera Ismail Khan on Monday, officials said, in the latest attack since the army began an operation to clear militants from their stronghold. Faqir Jamshed, a victim of the bomb attack
Published 05 Aug, 2014 12:00am
PTI leader killed in Dera Ismail Khan blast

PTI leader killed in Dera Ismail Khan blast

A roadside bomb killed a local religious leader and two other people in Dera Ismail Khan on Monday, officials said, in the latest attack since the army began an operation to clear militants from their stronghold. Faqir Jamshed, a victim of the bomb attack
Published 05 Aug, 2014 12:00am
Two soldiers martyred, seven Uzbek terrorists killed

Two soldiers martyred, seven Uzbek terrorists killed

Two soldiers of the Pakistan Army embraced martyrdom in an ambush while seven Uzbek terrorists were killed during operation Zarb-e-Azb in North Waziristan Agency on Monday. According to ISPR, two soldiers Naib Subedar Mashkoor and Lance Naik Zaheer embrac
Published 05 Aug, 2014 12:00am
Two soldiers martyred, seven Uzbek terrorists killed

Two soldiers martyred, seven Uzbek terrorists killed

Two soldiers of the Pakistan Army embraced martyrdom in an ambush while seven Uzbek terrorists were killed during operation Zarb-e-Azb in North Waziristan Agency on Monday. According to ISPR, two soldiers Naib Subedar Mashkoor and Lance Naik Zaheer embrac
Published 05 Aug, 2014 12:00am
BRIndex30 dips by 480.94 points

BRIndex30 dips by 480.94 points

On Monday, BRIndex30 opened at 16,734.71. It touched an intraday high of 16,735.78 and an intraday low of 16,125.35 and closed at 16,253.77, which was -480.94 points or -2.87 percent lower than previous close. Total volume was 162,572,900, which was 72.62
Published 05 Aug, 2014 12:00am
BRIndex30 dips by 480.94 points

BRIndex30 dips by 480.94 points

On Monday, BRIndex30 opened at 16,734.71. It touched an intraday high of 16,735.78 and an intraday low of 16,125.35 and closed at 16,253.77, which was -480.94 points or -2.87 percent lower than previous close. Total volume was 162,572,900, which was 72.62
Published 05 Aug, 2014 12:00am
Equities fall to nine-month low

Equities fall to nine-month low

Equities received a heavy battering weighed by political uncertainty which pulled the benchmark KSE-100 index down by 666 points, the biggest decline in nine months. The index settled at 29,647.83 points. Samar Iqbal, AVP at Topline Securities, said risin
Published 05 Aug, 2014 12:00am
Equities fall to nine-month low

Equities fall to nine-month low

Equities received a heavy battering weighed by political uncertainty which pulled the benchmark KSE-100 index down by 666 points, the biggest decline in nine months. The index settled at 29,647.83 points. Samar Iqbal, AVP at Topline Securities, said risin
Published 05 Aug, 2014 12:00am
Equities fall to nine-month low

Equities fall to nine-month low

Equities received a heavy battering weighed by political uncertainty which pulled the benchmark KSE-100 index down by 666 points, the biggest decline in nine months. The index settled at 29,647.83 points. Samar Iqbal, AVP at Topline Securities, said risin
Published 05 Aug, 2014 12:00am
WTO failure points to fragmented future for global trade

WTO failure points to fragmented future for global trade

India has dealt a potentially fatal blow to the World Trade Organization''s hopes of modernising the rules of global commerce and remaining the central forum for multilateral trade deals. In the short term, this is a setback for freer commerce. In the lon
Published 05 Aug, 2014 12:00am
WTO failure points to fragmented future for global trade

WTO failure points to fragmented future for global trade

India has dealt a potentially fatal blow to the World Trade Organization's hopes of modernising the rules of global commerce and remaining the central forum for multilateral trade deals. In the short term, this is a setback for freer commerce. In the long
Published 05 Aug, 2014 12:00am
WTO failure points to fragmented future for global trade

WTO failure points to fragmented future for global trade

India has dealt a potentially fatal blow to the World Trade Organization's hopes of modernising the rules of global commerce and remaining the central forum for multilateral trade deals. In the short term, this is a setback for freer commerce. In the long
Published 05 Aug, 2014 12:00am
Alam Khattak new defence secretary

Alam Khattak new defence secretary

After the approval of Prime Minister Nawaz Sharif, Lieutenant-General Mohammad Alam Khattak (retired) has been appointed as new defence secretary, sources in Establishment Division said on Monday. Khattak replaces former defence secretary Lieutenant Gener
Published 05 Aug, 2014 12:00am
Alam Khattak new defence secretary

Alam Khattak new defence secretary

After the approval of Prime Minister Nawaz Sharif, Lieutenant-General Mohammad Alam Khattak (retired) has been appointed as new defence secretary, sources in Establishment Division said on Monday. Khattak replaces former defence secretary Lieutenant Gener
Published 05 Aug, 2014 12:00am
Portugal averts BES disaster

Portugal averts BES disaster

Portugal narrowly averted a national disaster and a fresh eurozone crisis on Monday by launching a new bank as part of a rescue totalling nearly 5.0 billion euros for Banco Espirito Santo. Wielding new EU rules to shield taxpayers and governments from nea
Published 05 Aug, 2014 12:00am
Portugal averts BES disaster

Portugal averts BES disaster

Portugal narrowly averted a national disaster and a fresh eurozone crisis on Monday by launching a new bank as part of a rescue totalling nearly 5.0 billion euros for Banco Espirito Santo. Wielding new EU rules to shield taxpayers and governments from nea
Published 05 Aug, 2014 12:00am
Portugal averts BES disaster

Portugal averts BES disaster

Portugal narrowly averted a national disaster and a fresh eurozone crisis on Monday by launching a new bank as part of a rescue totalling nearly 5.0 billion euros for Banco Espirito Santo. Wielding new EU rules to shield taxpayers and governments from nea
Published 05 Aug, 2014 12:00am
HSBC profits fall, warns over bank risk-taking

HSBC profits fall, warns over bank risk-taking

Banking giant HSBC said on Monday that profits fell in the first half because one-off gains were not repeated and after a weaker showing at its investment arm. The Asia-focused lender meanwhile warned over the dangers of "risk aversion" by its bankers in
Published 05 Aug, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (August 04, 2014).

Published 05 Aug, 2014 12:00am
HSBC profits fall, warns over bank risk-taking

HSBC profits fall, warns over bank risk-taking

Banking giant HSBC said on Monday that profits fell in the first half because one-off gains were not repeated and after a weaker showing at its investment arm. The Asia-focused lender meanwhile warned over the dangers of "risk aversion" by its bankers in
Published 05 Aug, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (August 04, 2014).

Published 05 Aug, 2014 12:00am
HSBC profits fall, warns over bank risk-taking

HSBC profits fall, warns over bank risk-taking

Banking giant HSBC said on Monday that profits fell in the first half because one-off gains were not repeated and after a weaker showing at its investment arm. The Asia-focused lender meanwhile warned over the dangers of "risk aversion" by its bankers in
Published 05 Aug, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (August 04, 2014).

Published 05 Aug, 2014 12:00am
HSBC profits fall, warns over bank risk-taking

HSBC profits fall, warns over bank risk-taking

Banking giant HSBC said on Monday that profits fell in the first half because one-off gains were not repeated and after a weaker showing at its investment arm. The Asia-focused lender meanwhile warned over the dangers of "risk aversion" by its bankers in
Published 05 Aug, 2014 12:00am
Palestinians, Israel agree on new 72-hour truce

Palestinians, Israel agree on new 72-hour truce

Israel and the Palestinians have agreed a new 72-hour truce starting on Tuesday, Egypt said, after increasingly vocal world demands for a cease-fire in the bloody Gaza conflict. The apparent breakthrough came during talks in Cairo only days after a simila
Published 05 Aug, 2014 12:00am
Palestinians, Israel agree on new 72-hour truce

Palestinians, Israel agree on new 72-hour truce

Israel and the Palestinians have agreed a new 72-hour truce starting on Tuesday, Egypt said, after increasingly vocal world demands for a cease-fire in the bloody Gaza conflict. The apparent breakthrough came during talks in Cairo only days after a simila
Published 05 Aug, 2014 12:00am
Indo-Pak trade: World Bank decides to release technical grant

Indo-Pak trade: World Bank decides to release technical grant

The World Bank has reportedly decided to release technical assistance of $9 million (approximately Rs 900 million) to the Commerce Ministry with the objective of facilitating trade between Pakistan and India, well informed sources told Business Recorde
Published 05 Aug, 2014 12:00am
Indo-Pak trade: World Bank decides to release technical grant

Indo-Pak trade: World Bank decides to release technical grant

The World Bank has reportedly decided to release technical assistance of $9 million (approximately Rs 900 million) to the Commerce Ministry with the objective of facilitating trade between Pakistan and India, well informed sources told Business Recorde
Published 05 Aug, 2014 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (August 04, 2014).
Published 05 Aug, 2014 12:00am
Indo-Pak trade: World Bank decides to release technical grant

Indo-Pak trade: World Bank decides to release technical grant

The World Bank has reportedly decided to release technical assistance of $9 million (approximately Rs 900 million) to the Commerce Ministry with the objective of facilitating trade between Pakistan and India, well informed sources told Business Recorde
Published 05 Aug, 2014 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (August 04, 2014).

Published 05 Aug, 2014 12:00am
Indo-Pak trade: World Bank decides to release technical grant

Indo-Pak trade: World Bank decides to release technical grant

The World Bank has reportedly decided to release technical assistance of $9 million (approximately Rs 900 million) to the Commerce Ministry with the objective of facilitating trade between Pakistan and India, well informed sources told Business Recorde
Published 05 Aug, 2014 12:00am
MQM MNAs stage walkout over raid

MQM MNAs stage walkout over raid

Muttahida Qaumi Movement's (MQM) members of the National Assembly on Monday staged a protest walkout from the House against the Rangers' raid in the area of MQM leader Dr Farooq Sattar and arrest of two persons from there. Speaking on a point of order, MQ
Published 05 Aug, 2014 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (August 04, 2014).

Published 05 Aug, 2014 12:00am
MQM MNAs stage walkout over raid

MQM MNAs stage walkout over raid

Muttahida Qaumi Movement's (MQM) members of the National Assembly on Monday staged a protest walkout from the House against the Rangers' raid in the area of MQM leader Dr Farooq Sattar and arrest of two persons from there. Speaking on a point of order, MQ
Published 05 Aug, 2014 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (August 04, 2014).
Published 05 Aug, 2014 12:00am
Power projects: Prime Minister reviews progress

Power projects: Prime Minister reviews progress

Prime Minister Nawaz Sharif on Monday chaired a meeting to review the progress on Pakistan-China Joint Commission''s energy projects, including early harvest projects. The meeting was attended by Khawaja Muhammad Asif, Minister for Water & Power, Ishaq Da
Published 05 Aug, 2014 12:00am
Power projects: Prime Minister reviews progress

Power projects: Prime Minister reviews progress

Prime Minister Nawaz Sharif on Monday chaired a meeting to review the progress on Pakistan-China Joint Commission's energy projects, including early harvest projects. The meeting was attended by Khawaja Muhammad Asif, Minister for Water & Power, Ishaq Dar
Published 05 Aug, 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 Monday (August 04, 2014).

Published 05 Aug, 2014 12:00am
Power projects: Prime Minister reviews progress

Power projects: Prime Minister reviews progress

Prime Minister Nawaz Sharif on Monday chaired a meeting to review the progress on Pakistan-China Joint Commission's energy projects, including early harvest projects. The meeting was attended by Khawaja Muhammad Asif, Minister for Water & Power, Ishaq Dar
Published 05 Aug, 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 Monday (August 04, 2014).

Published 05 Aug, 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 Monday (August 04, 2014).

Published 05 Aug, 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 Monday (August 04, 2014).

Published 05 Aug, 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 05 Aug, 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 05 Aug, 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 05 Aug, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 05 Aug, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 05 Aug, 2014 12:00am
Indian oilseeds, soyaoil drop on global cues

Indian oilseeds, soyaoil drop on global cues

Indian oilseeds and soyaoil futures fell following losses in Malaysian palm oil prices and on good rainfall in soyabean growing areas in the last few days. Malaysian palm oil futures fell on Monday as fears of rising output amid slackening overseas demand
Published 05 Aug, 2014 12:00am
China's iron ore futures edge higher

China's iron ore futures edge higher

China's iron ore futures edged higher on Monday, supported by expectations firmer steel prices in the world's biggest consumer would aid demand for the raw material. Stocks of imported iron ore across China's ports fell for a second straight week last wee
Published 05 Aug, 2014 12:00am
Russian wheat prices rise as exports hit record pace

Russian wheat prices rise as exports hit record pace

Russian wheat export prices rose last week supported by strong demand from traders, who are exporting grains at a record pace, analysts said on Monday. Russia, one of the world's main wheat suppliers via the Black Sea, is set to harvest the largest wheat
Published 05 Aug, 2014 12:00am
Oil cake market rates

Oil cake market rates

The December vaida was lower while, the January delivery was unchanged on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The December contract closed at Rs 1501.00 and it opened with 20 paisa loss at Rs 1500.80,
Published 05 Aug, 2014 12:00am
Cotton market: rates decline further amid modest trade

Cotton market: rates decline further amid modest trade

Prices continued to fall on the cotton market on Monday amid modest trading, dealers said. The official spot rate fell by Rs 150 to Rs 5250, they added. In ready session, the prices of seed cotton in Sindh and Punjab rose by Rs 100 to Rs 2600-2700, they s
Published 05 Aug, 2014 12:00am
US Midwest soyabean, corn bids lower

US Midwest soyabean, corn bids lower

Spot cash basis bids for soyabeans were lower at US Midwest processors and elevators on Monday in as farmers remained reluctant to book crop sales, dealers said. Dealers said farmers have very little to no old-crop soyabeans left to sale, dealers said. Mo
Published 05 Aug, 2014 12:00am
Ivory Coast October-June cocoa product exports up

Ivory Coast October-June cocoa product exports up

Exports of semi-finished cocoa products from Ivory Coast were 305,612 tonnes from October to June of the 2013/14 season, up more than 5 percent compared with the same period last year, provisional port data showed on Friday. The cocoa season in the world'
Published 05 Aug, 2014 12:00am
Indian tea prices fall

Indian tea prices fall

Average tea prices in India, the world's second-biggest producer, extended losses at last week's auction on lower supplies of premier quality leaf. The CTC (crush-tear-curl) grade leaf was sold at 167.69 rupees per kg last week, down 3 percent from the pr
Published 05 Aug, 2014 12:00am
Modest activity on grain market

Modest activity on grain market

Modest trading activity was witnessed on the wholesale grain market on Monday where prices almost declined to fall in buying interest, dealers said. On the grams side, Guwar Sindh and Punjab low type was down by Rs 200 to Rs 5400 and the good variety was
Published 05 Aug, 2014 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Monday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 1,561 million. Number of lots traded was 7,795 and PMEX Commodity Index closed at 3,023. Major business was contributed by crude oil amounting to PKR 893 million, followed by gold at PK
Published 05 Aug, 2014 12:00am
Kazakhstan grain exports down

Kazakhstan grain exports down

Kazakhstan's grain exports in the first month of the marketing year which began on July 1 fell to 378,700 from 561,200 tonnes a year earlier, Agriculture Ministry data showed on Monday. The exports included 178,900 tonnes of flour in grain equivalent vers
Published 05 Aug, 2014 12:00am
China's H1 crude steel demand up

China's H1 crude steel demand up

China's apparent steel demand in the first six months of 2014 rose 0.4 percent from a year earlier to 376 million tonnes, China Iron Ore and Steel Association (CISA) said on Friday, adding that a slowing economy was weighing on the sector. Steel demand in
Published 05 Aug, 2014 12:00am
Asian gasoline crack, naphtha under pressure

Asian gasoline crack, naphtha under pressure

The Asian gasoline crack hit an eight-month low of $4.44 a barrel on Monday, while the naphtha differential between second-half September and second-half October fell to a 5-1/2 month low of $6 a tonne as mounting supplies dragged the market down. The end
Published 05 Aug, 2014 12:00am
US Plains HRW wheat bids steady

US Plains HRW wheat bids steady

Spot basis bids for hard red winter wheat were steady in the US Plains on Monday, merchants said. Protein premiums for railcar wheat to and through Kansas City dropped 1-25 cents a bushel. The Kansas City September wheat contract traded at $6.44 early Mon
Published 05 Aug, 2014 12:00am
Honduras coffee exports jump 52 percent in July

Honduras coffee exports jump 52 percent in July

Coffee exports from Honduras rose 52 percent in July compared with the same month last year, the country's national coffee institute IHCAFE said on Friday, as exporters seek to lock in stronger returns amid speculation that prices may fall in the near-ter
Published 05 Aug, 2014 12:00am
Ivorian weather offers mixed prospects for cocoa main crop

Ivorian weather offers mixed prospects for cocoa main crop

Ivory Coast weather over the past week indicated mixed prospects for its main cocoa crop, with overcast weather and no rain potentially hurting development of plants in most regions, but good sunny conditions in others. In the world's top cocoa producer,
Published 05 Aug, 2014 12:00am