News Archives for Print - 2014-09-20

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Print - 2014-09-20

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Friday (September 19, 2014).

Published 20 Sep, 2014 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Friday (September 19, 2014).

Published 20 Sep, 2014 12:00am

Modi says al Qaeda South Asia plan 'delusional'

India's new prime minister has dismissed al Qaeda's plan to set up a South Asia branch, saying it was "delusional" to think the country's Muslim minority would follow orders to wage jihad in the region. "They are doing injustice towards the Muslims of our

Published 20 Sep, 2014 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Friday (September 19, 2014).

Published 20 Sep, 2014 12:00am

Modi says al Qaeda South Asia plan 'delusional'

Published 20 Sep, 2014 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Friday (September 19, 2014).

Published 20 Sep, 2014 12:00am

China troops withdraw from India border

Chinese troops have begun pulling back from the disputed border with India, sources said Friday, as President Xi Jinping wrapped up a rare visit to New Delhi overshadowed by the stand-off at the remote frontier. The row over an alleged incursion by hundre

Published 20 Sep, 2014 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Friday (September 19, 2014).

Published 20 Sep, 2014 12:00am

China troops withdraw from India border

Published 20 Sep, 2014 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Friday (September 19, 2014).

Published 20 Sep, 2014 12:00am

Drugmaker GSK says fined $490 million in China graft probe

A Chinese court on Friday fined British drugmaker GlaxoSmithKline 3.0 billion yuan ($490 million) following a nearly year-long bribery probe, the company said. The firm''s former head of China operations, Mark Reilly who would be deported, and four other

Published 20 Sep, 2014 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Friday (September 19, 2014).

Published 20 Sep, 2014 12:00am

Drugmaker GSK says fined $490 million in China graft probe

A Chinese court on Friday fined British drugmaker GlaxoSmithKline 3.0 billion yuan ($490 million) following a nearly year-long bribery probe, the company said. The firm's former head of China operations, Mark Reilly who would be deported, and four other e

Published 20 Sep, 2014 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Friday (September 19, 2014).

Published 20 Sep, 2014 12:00am

Drugmaker GSK says fined $490 million in China graft probe

Published 20 Sep, 2014 12:00am

EFU Managed Growth Fund Rates

EFU Managed Growth Fund Rates on Friday (September 19, 2014).

Published 20 Sep, 2014 12:00am

Zarb-e-Azb: GHQ delegation meets Dar

A three-member delegation of the GHQ met the Federal Minister for Finance Senator Ishaq Dar at the Finance Ministry on Friday. During the meeting, necessary matters pertaining to budgetary requirements of the ongoing Zarb-e Azb were discussed in detail. T

Published 20 Sep, 2014 12:00am

Some consumers say Apple is losing its 'cool' factor

Holly Riggle, a 29-year-old white-collar worker from Ohio, is just the kind of everyday customer Apple Inc would love to have for its new iPhone 6, which launches Friday. But Riggle is sticking to her Android smartphone, calling Apple less "original" than

Published 20 Sep, 2014 12:00am

US MIDDAY: wheat and soyabeans drop to four-year lows

US wheat futures fell 2.1 percent to their lowest in more than four years early on Friday, matching a similar low in Paris wheat futures, as a global supply glut overwhelmed demand and pressured prices. "Nearly every session wheat futures establish new co

Published 20 Sep, 2014 12:00am

Gold falls in Europe

Gold fell on Friday, heading for a third straight weekly drop, as the dollar was buoyed by a decline in US jobless claims that reinforced the chance of a faster-than-expected tightening in US monetary policy. Prices had fallen to their lowest since early

Published 20 Sep, 2014 12:00am

Gold little changed in Asia

Gold held above its lowest in 8-1/2 months on Friday but was headed for a third straight weekly drop on fears that a rate hike in the United States and a strengthening economy could dim the metal's appeal. Bullion came under pressure after the Federal Res

Published 20 Sep, 2014 12:00am

Gold rebounds in New York

Gold rebounded on Thursday, as investors bought back their bearish bets after speculation over an earlier-than-expected US interest rate hike by the Federal Reserve sent bullion prices to a 8-1/2-month low. Bullion prices were pressured earlier in the day

Published 20 Sep, 2014 12:00am

Rotterdam vegetable oil prices

Friday's Rotterdam vegetable oil prices at 1600 GMT.

Published 20 Sep, 2014 12:00am

Rotterdam vegetable oil prices

Friday's Rotterdam vegetable oil prices at 1600 GMT.

Published 20 Sep, 2014 12:00am

Soyabeans and wheat tumble

US soyabean futures fell 1.1 percent to their lowest in more than four years on Thursday as farmers resumed harvesting in parts of the US Midwest as fields began to dry out, traders said. Wheat and corn futures fell too, with wheat also hitting its lowest

Published 20 Sep, 2014 12:00am

Raw sugar slips

ICE raw sugar fell towards a more than four-year low on Friday, with the looming October expiry expected to enable the market to re-focus after weak demand for low quality sugar likely to be delivered weighed on prices in recent weeks. Arabica coffee slip

Published 20 Sep, 2014 12:00am

Rubber futures drop

Benchmark Tokyo rubber futures fell 1.6 percent on Friday, marking a fourth straight week of decline, as Shanghai market tumbled amid worries about slowing demand in China, the world's biggest rubber consumer. The benchmark rubber contract on the Tokyo Co

Published 20 Sep, 2014 12:00am

Palm oil slips

Malaysian palm oil futures slipped on Friday, tracking lower overseas soy markets and ending a five-day winning streak, but optimism for firm demand and a fragile ringgit prevented steeper losses to help palm notch its third straight weekly gain. The Dece

Published 20 Sep, 2014 12:00am

Copper steadies, ends week flat; nickel slips

Copper steadied on Friday and ended the week flat, breaking a string of three straight weekly declines, as some investors bet a recovering US economy would boost metals demand. Three-month copper on the London Metal Exchange (LME) closed down 0.1 percent

Published 20 Sep, 2014 12:00am

Shanghai copper down

The most-traded November copper contract on the Shanghai Futures Exchange closed nearly 1 percent lower at 48,770 yuan ($7,946) a tonne on Friday hurt by concerns over slowing economic growth in top consumer China and a looming increase in US interest rat

Published 20 Sep, 2014 12:00am

Tens of thousands expected at New York climate march

Celebrities, activists and political leaders are expected to join more than 100,000 people in New York Sunday for what could be the largest climate change protestt in history, organisers said Hollywood actor Leonardo DiCaprio, former US vice president tur

Published 20 Sep, 2014 12:00am

Brussels chocolate museum opens to sweeten senses

It likes to call itself the "country of chocolate" and now Belgium has a new treat for visitors: a museum dedicated to the confectionery featuring a Willy Wonka-style factory and cocoa tree jungle. Chocolate is a national treasure in Belgium. It is home t

Published 20 Sep, 2014 12:00am

World Bank chief says Ebola took the world by surprise

The devastating Ebola outbreak caught the world off guard, World Bank President Jim Yong Kim said Friday as he questioned the international community's readiness to respond to other pandemics. "This has surprised everyone. None of us thought that Ebola wo

Published 20 Sep, 2014 12:00am

'Happy' Iranians get suspended jail, lashes sentences

Seven young Iranians featured dancing to Pharrell Williams' hit "Happy" in a video that went viral on the Internet have been given suspended jail and lashing sentences, a lawyer said Friday. Recorded on a smartphone and uploaded multiple times on YouTube,

Published 20 Sep, 2014 12:00am

New Ukraine peace talks open in Minsk

Face-to-face talks aimed at finding a way to end Ukraine's brutal five-month war began Friday in the Belarussian capital of Minsk, trying to build on a ragged cease-fire that was agreed in the same city two weeks ago. Ukraine's former president Leonid Kuc

Published 20 Sep, 2014 12:00am

Official hangs himself in China

An official in eastern China hanged himself on Thursday after being sacked following a corruption probe into his presence at an extravagant banquet, state media said on Thursday, offering a rare explanation following a spate of suicides by bureaucrats. Lo

Published 20 Sep, 2014 12:00am

US awards $210 million to companies to make biofuels for military

The US Navy on Friday awarded contracts worth $210 million to three companies to help build refineries that will produce more than 100 million gallons of military-grade biofuels per year from products such as municipal garbage. Fulcrum BioEnergy, Red Rock

Published 20 Sep, 2014 12:00am

Israel-Palestinian 'solution' to be put to UNSC: France

A "solution to the conflict" between the Israelis and Palestinians will be put to the UN Security Council, French President Francois Hollande said Friday after meeting Palestinian leader Mahmud Abbas in Paris. "We will have a resolution, to be presented t

Published 20 Sep, 2014 12:00am

'Dud' Israeli shell kills three in Gaza

A dud Israeli shell from this summer's Gaza's war exploded Friday, killing three people and leaving two others wounded in the north of the Palestinian enclave, medics said. Emergency services spokesman Ashraf al Qudra, who said one of three wounded had di

Published 20 Sep, 2014 12:00am

Sweden protests Russian incursion into its airspace

Sweden on Friday said it has lodged a protest with Russia after the incursion of two Russian fighter planes into Swedish airspace. "The foreign ministry Friday summoned Russia's ambassador in Stockholm to tell him of its protests with regard to this incid

Published 20 Sep, 2014 12:00am

Airlines halt flights to violence-hit Yemen capital

International airlines suspended flights to Yemen as a decade-old rebellion encroached on the capital and a UN envoy scrambled to thrash out an elusive peace deal after a spike in violence. Pro-government forces are battling to prevent the capital Sanaa f

Published 20 Sep, 2014 12:00am

Germany toughens asylum rules for three Balkans states

Germany made it harder Friday for people from Bosnia-Herzegovina, Macedonia and Serbia to apply for asylum after lawmakers classified the three Balkan countries as safe, with respect for basic rights. The legislation was approved by the upper house of par

Published 20 Sep, 2014 12:00am

Belgian claiming to be king's daughter passes DNA test hurdle

A Belgian sculptor got a boost Friday in efforts to prove she is the natural daughter of former king Albert II, after a paternity test ruled out her legal father, reports said Friday. Delphine Boel has been at the centre of a long-running saga in her effo

Published 20 Sep, 2014 12:00am

Debts, empty seats taint start of Incheon Asiad

The Asian Games is just starting in Incheon, but the prospect of empty stadiums for the next two weeks and high debt for many years is already making the continent's biggest sporting event feel unloved. The mayor of South Korea's third city admitted on th

Published 20 Sep, 2014 12:00am

South Korean leader lets the Games begin

South Korean President Park Geun-Hye opened the Incheon Asian Games at a glittering, K-Pop inspired ceremony Friday as North Korean athletes received an unexpectedly warm welcome. "I declare the opening of the 17th Asian Games," Park said simply, after at

Published 20 Sep, 2014 12:00am

Indonesia to host 2018 Asiad

The Olympic Council of Asia (OCA) executive board on Friday approved Indonesia as hosts for the 2018 Asian Games which faces a growing battle to find venues because of the cost. The continent's sports leaders had to find a quick replacement after Vietnam

Published 20 Sep, 2014 12:00am

Li Na retires over knee injuries

China's Li Na announced her retirement at the age of 32 over persistent knee injuries on Friday, prompting a wave of adulation for Asia's greatest and most influential tennis player. Li, the first Asian national to win a Grand Slam singles title, said "my

Published 20 Sep, 2014 12:00am

Celtic's Tonev charged with racist abuse

Celtic winger Aleksandar Tonev was hit with a Scottish Football Association charge over alleged racial abuse on Friday. Tonev, on loan from Aston Villa, has been accused by Aberdeen full-back Shay Logan of making a racial slur during his team's 2-1 defeat

Published 20 Sep, 2014 12:00am

Arsenal record £4.7 million profit

Arsenal on Friday announced a £4.7 million ($7.6 million) profit and reported increased turnover in their latest financial figures. The results, which covered the year ending May 31, 2014, also revealed the Premier League club had cash reserves of £173 mi

Published 20 Sep, 2014 12:00am

Arsenal record £4.7 million profit

Published 20 Sep, 2014 12:00am

Lille confirmed for Davis Cup final

Lille will host the November 21-23 Davis Cup final between France and Switzerland with a near-record crowd of around 27,000 expected to see Roger Federer compete in his first championship match. The International Tennis Federation (ITF) announced that the

Published 20 Sep, 2014 12:00am

Lepchenko ousts Radwanska

Varvaro Lepchenko upset world number five Agnieszka Radwanska for the second time in two meetings as she ended the Pole's title defence in the WTA Korea Open quarter-finals on Friday. Lepchenko lost an opening-set tiebreaker but she came back with a venge

Published 20 Sep, 2014 12:00am

London to host Euro 2020 final

London's Wembley Stadium will host the final and semi-finals of the 2020 European football championship, which will exceptionally be held in 13 different countries, UEFA boss Michel Platini announced Friday. The quarter-finals will meanwhile be hosted by

Published 20 Sep, 2014 12:00am

Prince plays down talk of 'racist' abuse

South Africa's Ashwell Prince indicated Friday he did not feel there had been a racist element to the verbal abuse he had received from Yorkshire's Andrew Gale. Yorkshire captain Gale was banned for two matches after being reported by the umpires for verb

Published 20 Sep, 2014 12:00am

Kerber, Wozniacki reach semis

Top two seeds Angelique Kerber of Germany and Denmark's Caroline Wozniacki roared into the semi-finals of the WTA Pan Pacific Open in Tokyo Friday. Top-seeded Kerber outplayed sixth-seeded Slovakian Dominika Cibulkova 6-3, 6-0 and Wozniacki, a former worl

Published 20 Sep, 2014 12:00am

Ringgit hits four-month low; Asia FX down for week

The Malaysian ringgit hit a four-month low on Friday, leading losses among emerging Asian currencies, a day after the central bank kept interest rates unchanged. Regional units were poised to fall for the week as the US Federal Reserve's outlook for risin

Published 20 Sep, 2014 12:00am

Sterling gains versus dollar evaporate

Sterling fell back against the dollar on Friday to stand lower on the day, handing back all of its gains since the first signs overnight that Scotland was voting "No" to splitting off from the United Kingdom. The pound fell past $1.64 to trade at a day's

Published 20 Sep, 2014 12:00am

Sterling in box seat in Asia

Sterling jumped to a two-week high against the US dollar and two-year peak against the euro on Friday, rallying on relief that Scottish voters rejected independence in a referendum, averting a break-up of the United Kingdom. Scottish nationalist leader Al

Published 20 Sep, 2014 12:00am

Australian and New Zealand dollar slide

The Australian and New Zealand dollars plumbed multi-month lows versus sterling on Friday, knocked by the UK currency's broad gains after early results from a Scottish independence vote showed support for Scotland staying in the union. The Aussie slipped

Published 20 Sep, 2014 12:00am

Dollar hits over six-year high against yen

The dollar scaled more than six-year peaks against the yen on Thursday after data showed a drop in US claims for jobless benefits last week, reinforcing the market's view that US interest rates will rise earlier than expected. The dollar index, a measure

Published 20 Sep, 2014 12:00am

Early trade in New York: Dollar rises against basket of currencies

The dollar rose against a basket of major currencies on Friday, on track for its 10th consecutive week of gains, as investors bet US interest rates would rise more quickly than expected. But some market participants said the dollar's move was overdone and

Published 20 Sep, 2014 12:00am

Sterling gains show signs of waning in London

Sterling's gains to a two-year peak against the euro and a two-week high versus the dollar on Friday after Scottish voters rejected independence ran out of steam as investors focused on the UK economy and new constitutional problems for Britain. Analysts

Published 20 Sep, 2014 12:00am

Indian rupee gains

The Indian rupee rose for a fourth consecutive session on Friday, boosted by strong foreign fund flows into markets, although the local currency fell against the dollar for the week, in line with losses in other emerging Asian currencies. Scotland's decis

Published 20 Sep, 2014 12:00am

Relief, not euphoria, for UK markets as Scots vote to stay

British financial markets rose and a collective sigh of relief echoed across the investment and business community on Friday after a Scottish vote against independence averted the deep uncertainty a United Kingdom break-up would have unleashed. Bank share

Published 20 Sep, 2014 12:00am

Australian shares climb on Scotland vote relief

Australian shares tacked on 0.3 percent on Friday as results from the Scottish referendum suggesting a 'No' vote calmed markets, after Wall Street's overnight rise had set the early pace for investors. The S&P/ASX 200 index rose 17.3 points to 5,433.1 at

Published 20 Sep, 2014 12:00am

European shares end off highs

The FTSEurofirst 300 index touched its highest level in more than six years on Friday after Scotland voted against independence, but trimmed gains in late trading on profit taking and on speculation about a downgrade of France. The CAC 40 fell 0.1 percent

Published 20 Sep, 2014 12:00am

Nikkei stock index closes at highest level since 2007

Tokyo's Nikkei 225 index closed at its highest level in nearly seven years on Friday as the tumbling yen propelled the Japanese market, while investors breathed a sigh of relief over Scotland's vote to stay in the United Kingdom. The benchmark Nikkei rose

Published 20 Sep, 2014 12:00am

Hong Kong, China shares soar

Hong Kong stocks ended 0.57 percent higher on Friday following another record close on Wall Street and capping off a roller-coaster week. The Hang Seng Index added 137.44 points to 24,306.16 on turnover of HK$94.72 billion ($12.22 billion). A weak set of

Published 20 Sep, 2014 12:00am

Southeast Asian markets mixed on week

Southeast Asian stock markets ended mostly higher on Friday, with Indonesian key share index rising for a third day to a near two-week closing high amid expectations of a cut in fuel subsidy. Jakarta's composite index closed up 0.4 percent at 5,227.58, th

Published 20 Sep, 2014 12:00am

Taiwan stocks rise

Taiwan stocks climbed 0.28 percent on Friday, riding a wave of positive investor sentiment after the huge initial public offering (IPO) by Chinese tech giant Alibaba Group Holding was price. As of 0210 GMT, the main TAIEX index rose 26.21 points to 9263.2

Published 20 Sep, 2014 12:00am

Treasury debt prices ease

US Treasury debt prices turned down on Thursday, with investors driving some shorter-maturity yields to highs not seen since 2011 a day after the Federal Reserve raised forecasts for some interest rates. Yields on two-year notes touched a high of 0.597 pe

Published 20 Sep, 2014 12:00am

Treasury debt prices ease

Published 20 Sep, 2014 12:00am

Dow, S&P at records as Fed-driven rally continues

US stocks rose on Thursday, a day after the US Federal Reserve kept intact its pledge to keep interest rates low, providing a backstop for investors that helped lift both the Dow and S&P to record highs. The Fed said Wednesday at the conclusion of a two-d

Published 20 Sep, 2014 12:00am

Friday's midday trade: stocks little changed as Oracle fall counters Alibaba hype

US stocks were little changed mid-session on Friday after Alibaba's strong debut was offset by falling technology shares as Oracle and Yahoo stumbled. The Dow and S&P 500 set fresh record highs in morning trading, supported by the Federal Reserve's commit

Published 20 Sep, 2014 12:00am

Sri Lankan bourse gains

Sri Lankan stocks rose for the fourth straight session on Friday to touch its highest in more than three years. The gains were led by banking and diversified shares on bullish sentiment due to lower interest rates, higher foreign fund buying and positive

Published 20 Sep, 2014 12:00am

India's NSE gains for third day

India's NSE index rose for a third consecutive session on Friday, hitting its highest in about 1-1/2 weeks, as cash-rich exporters such as Tata Consultancy Services surged on hopes of being better placed to weather any Fed-related volatility. The 50-share

Published 20 Sep, 2014 12:00am

Libor

Swiss central bank lowers growth outlook, holds key rate

Switzerland's central bank held its key interest rate steady on Thursday and restated its pledge to hold down the value of the Swiss franc, but warned the economic outlook had "deteriorated considerably". The Swiss National Bank (SNB) maintained its targe

Published 20 Sep, 2014 12:00am

Above-target inflation puts rate pressure on Bank of Canada

Canada's annual inflation rate remained above the Bank of Canada's 2.0 percent target in August for the fourth month in a row, putting pressure on the central bank to drop its neutral stance on interest rates. Statistics Canada said on Friday overall infl

Published 20 Sep, 2014 12:00am

Norway rules out rate cut, delays first hike

Norway's central bank on Thursday ruled out an interest rate cut and said its first hike would come later than earlier projected as Europe's economic weakness and lower oil investment at home weigh on the outlook. The bank now sees its key rate, on hold s

Published 20 Sep, 2014 12:00am

Land prices rise in Japan's biggest cities, still weak elsewhere

Land prices in Japan's three largest metropolitan areas rose in the 12 months to July 1, driven by investments in office properties and housing demand, but prices in most smaller cities kept falling, a government survey showed. Commercial land prices for

Published 20 Sep, 2014 12:00am

United States steps up pressure on Guatemala over labour rights

The United States ramped up pressure on Guatemala to better protect workers' rights on Thursday by restarting a trade case that could lead to hefty fines for the Central American nation. US Trade Representative Michael Froman said the Obama administration

Published 20 Sep, 2014 12:00am

US and Australia welcome 'too-big-to-fail' banks progress

The United States and Australia said Friday they were encouraged by progress on rules to reduce the problem of "too-big-to-fail" banks as part of efforts to improve stability after the global financial crisis. US Treasury Secretary Jack Lew welcomed the "

Published 20 Sep, 2014 12:00am

China's central bank lends $81.4 billion to top banks

China's central bank has issued 500 billion yuan ($81.4 billion) worth of three-month loans to the country's five biggest banks, state news agency Xinhua quoted China Construction Bank Chairman Wang Hongzhang as saying on Friday. The report is the first c

Published 20 Sep, 2014 12:00am

Insider trading in the digital age: use post-it notes

With no surreptitious phone call or text message on an illicit hot stock tips safe from US regulators, Frank Tamayo thought he had a perfect no-tech foil: post-it notes. According to charges filed Friday by the Securities and Exchange Commission, for more

Published 20 Sep, 2014 12:00am

Insider trading in the digital age: use post-it notes

Published 20 Sep, 2014 12:00am

IMF says Sri Lanka's poor tax administration could cut economic growth

Sri Lanka's continuing failure to strengthen its tax administration could force the its government to spend less, which would hit economic growth, the International Monetary Fund (IMF) said on Friday. Since the Fund extended a $2.6 billion loan in 2009, i

Published 20 Sep, 2014 12:00am

IMF says Sri Lanka's poor tax administration could cut economic growth

Published 20 Sep, 2014 12:00am

Nigeria confident 2014 GDP growth will exceed six percent

Nigeria's finance minister said on Friday she is confident that growth in 2014 will be around the government's latest forecast of 6.5 percent after discounting the economic impact of the insurgency waged by the Islamist group Boko Haram. "We are confident

Published 20 Sep, 2014 12:00am

Asian buyers of US LNG dial back as exuberance dims

A looming gas glut world-wide is prompting Japanese and Indian firms to resell to European traders and utilities big chunks of US liquefied natural gas they had committed to buy several years ago, signalling tempered enthusiasm for US energy. The chance t

Published 20 Sep, 2014 12:00am

Japanese government cuts economic view, warns of stalling consumption

Japan's government cut its overall economic assessment for the first time in five months as private consumption is struggling to recover from the slump caused by April's sales tax hike, clouding the outlook for a sustained recovery. The government on Frid

Published 20 Sep, 2014 12:00am

US leading indicator rises less than expected in August

Economic activity in the United States rose less than expected in August, but was still consistent with the economy expanding at a moderate pace for the rest of this year, The Conference Board said on Friday. The research organisation's monthly Leading Ec

Published 20 Sep, 2014 12:00am

Cuba to privatise 9,000 restaurants

The Cuban government announced plans Friday to sell nearly 9,000 state-owned restaurants to private operators, the latest step in the communist island's economic reforms. Cubans frequently complain about the country's 8,984 state-owned restaurants, which

Published 20 Sep, 2014 12:00am

Russia does not want 'closed economy': Prime Minister

Prime Minister Dmitry Medvedev said Friday Russia did not want to close itself off from the global economy, and warned Western efforts to isolate or ignore such a powerful nation were "impossible". "I consider that talk of making fundamental changes to th

Published 20 Sep, 2014 12:00am

MQM stages walkout over PTI's stance

Muttahida Qaumi Movement staged a walkout on Friday from a joint sitting of parliament over the stance of Pakistan Tehreek-e-Insaf on the creation of new provinces in Sindh. Addressing the session, MQM leader Farooq Sattar said the PTI leadership wants de

Published 20 Sep, 2014 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Friday (September 19, 2014).

Published 20 Sep, 2014 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (September 19, 2014).

Published 20 Sep, 2014 12:00am

Scots spurn independence

Scotland spurned independence in a historic referendum that threatened to rip the United Kingdom apart, sow financial turmoil and diminish Britain's remaining global clout. A vote for the 307-year union is a relief for millions of Britons including Prime

Published 20 Sep, 2014 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.37
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
India Sensex / May 9	79,454.47
Tokyo Nikkei / May 9	37,503.33
Nasdaq / May 9	17,928.92
Hang Seng / May 9	22,867.74
FTSE 100 / May 9	8,554.80
Dow Jones / May 9	41,249.38
Germany DAX 30 / May 9	23,499.32
France CAC40 / May 9	7,743.75

Item	Value
Crude Oil USD/Barrel / May 9	61.02
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Gold Spot USD/Ounce / May 9	3,324.98
Cotton US¢/pound / May 9	66.61
Petrol/Litre / May 11	252.63
Diesel/Litre / May 11	256.64

Gainers
Losers
Leaders

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.15 ▲ 0.72 (16.25%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	5.98 ▲ 0.83 (16.12%)
Parmount Sp. / May 9 Paramount Spinning Mills Limited(PASM)	3.22 ▲ 0.41 (14.59%)
UDL International / May 9 UDL International Limited(UDLI)	7.10 ▲ 0.85 (13.6%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.44 ▲ 0.65 (13.57%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.05 ▲ 0.23 (12.64%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.39 ▲ 0.48 (12.28%)
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6.42 ▲ 0.7 (12.24%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.90 ▲ 0.41 (11.75%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27.05 ▼ -5.03 (-15.68%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
Universal Ins. / May 9 The Universal Insurance Company Limited(UVIC)	8.25 ▼ -1 (-10.81%)
Sally Textile / May 9 Sally Textile Mills Limited(SLYT)	7.14 ▼ -0.86 (-10.75%)
Jubilee Spinning / May 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.43 ▼ -0.95 (-10.13%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
Dewan Mushtaq / May 9 Dewan Mushtaq Textile Mills Limited(DMTM)	9.29 ▼ -1.03 (-9.98%)
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	12.23 ▼ -1.35 (-9.94%)
First Elite Cap.Mod / May 9 First Elite Capital Modaraba(FECM)	18.44 ▼ -2 (-9.78%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	47,087,025 ▲ 0.06
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	33,590,475 ▲ 0.7
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	29,288,646 ▼ -1.53
B.O.Punjab / May 9 The Bank of Punjab(BOP)	18,310,598 ▲ 0.44
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	15,347,121 ▲ 0.3
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,961,675 ▼ -1.35
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,847,660 ▲ 5.69
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,463,181 ▲ 0.09
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	13,544,491 ▲ 2.45
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	13,517,642 ▲ 0.05

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