News Archives for Print - 2014-09-26

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (September 25, 2014).

Published 26 Sep, 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 Thursday (September 25, 2014).

Published 26 Sep, 2014 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Thursday (September 25, 2014).

Published 26 Sep, 2014 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Thursday (September 25, 2014).

Published 26 Sep, 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 Thursday (September 25, 2014).

Published 26 Sep, 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 Thursday (September 25, 2014).

Published 26 Sep, 2014 12:00am

Exchange rates: buying and selling

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

Published 26 Sep, 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 26 Sep, 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 26 Sep, 2014 12:00am

New York cotton

The fluctuations observed during the day:

Published 26 Sep, 2014 12:00am

New York cotton

The fluctuations observed during the day:

Published 26 Sep, 2014 12:00am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 26 Sep, 2014 12:00am

Ukraine cuts grain harvest forecast

Ukraine's Agriculture Ministry has cut its forecast for the 2014 grain harvest to 60 million tonnes from the previous estimate of about 63 million, the agriculture minister was quoted as saying on Wednesday. "Our landmark is 60 million tonnes," Interfax U

Published 26 Sep, 2014 12:00am

India to import 13 million tonnes of edible oils next year

India's overseas purchases of edible oil in the year starting November are set to surge to a record 13 million tonnes, an executive at key importer Ruchi Soya said, as lower prices, rising population and higher incomes boost consumption. Higher purchases

Published 26 Sep, 2014 12:00am

US FOB Gulf grain basis offers strong

US FOB Gulf basis offers for corn, soyabeans and HRW wheat strengthened considerably late on Wednesday as soaring freight costs amid the fall harvest scramble continued to underpin domestic prices despite lower prices overseas. SRW wheat basis offers, by

Published 26 Sep, 2014 12:00am

Philippines' August coconut oil exports more than double

Exports of coconut oil from the Philippines, the world's biggest supplier, more than doubled last month, boosted by delayed July shipments, an industry group said on Tuesday. Shipments of the vegetable oil used in food, detergents and biofuels totalled 84

Published 26 Sep, 2014 12:00am

Activity at Karachi & Qasim ports

The Karachi Port handled 105,779 tonnes of cargo comprising 71,863 tonnes of import cargo and 33,916 tonnes of export cargo including 5,279 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 71

Published 26 Sep, 2014 12:00am

Oil cake market rates

The December vaida dropped modestly on the forward cottonseeds oilcake market on Thursday in the process of trading, dealers said. The December contract closed at Rs 1497.30, but it commenced with a fall of 30 paisa at Rs 1497.00, they said. The January v

Published 26 Sep, 2014 12:00am

Spot rate, phutti prices decline

Seed cotton arrivals accelerated on the cotton market on Thursday, which caused further decline in the rates, dealers said. The official spot rate dropped sharply by Rs 200 to Rs 5,050, they added. In the ready session, around 16,000 bales of cotton chang

Published 26 Sep, 2014 12:00am

Cotton prices tumble sharply

Both seed cotton (Kapas/Phutti) and lint prices fell sharply this week because of reports that no perceptible damage of any large size has occurred to the current crop (2014/2015) due to large rains in Pakistan which also fell on the areas forming the cot

Published 26 Sep, 2014 12:00am

Cotton prices tumble sharply

Published 26 Sep, 2014 12:00am

Grams prices fall on grain market

Grams prices fell modestly on the wholesale grain market on Thursday in the process of thin activity, dealers said. On the cereals side, grams Australia No 1 was down by Rs 100 to Rs 5100, grams Australia Dall No 2 shed the same amount to Rs 5600, grams 5

Published 26 Sep, 2014 12:00am

Comcast accuses Discovery of 'extortionate demands'

Media company Discovery Communications Inc demanded business concessions as a condition for not opposing Comcast Corp's bid for Time Warner Cable Inc, Comcast told US regulators in a filing on Tuesday. "Such extortionate demands are patently improper," Co

Published 26 Sep, 2014 12:00am

Bank of Spain says domestic demand surge likely to slow in Q3

Growth in private consumption and new job creation, fundamental factors in the turnaround in Spain's crisis-torn economy, are showing signs of slowing in the third quarter, the country's central bank said on Wednesday. Spain's economy grew at its fastest

Published 26 Sep, 2014 12:00am

No Greek request yet to exit IMF programme

Greece has not yet made any request for an early exit to the International Monetary Fund's bailout programme, IMF spokesman Gerry Rice said Thursday. After Greek Prime Minister Antonis Samaras said he wants to end the program early - as the Greek economy

Published 26 Sep, 2014 12:00am

Apple asks new phones users to reinstall iOS 8

Apple Inc withdrew a faulty update to its latest operating system after some users of its new phones complained of call service disruptions, the latest in a series of glitches to mar the first week of iPhone 6 and 6 Plus sales. Apple shares slid nearly 4

Published 26 Sep, 2014 12:00am

China, Spain sign business deals worth $4 billion

China and Spain signed business deals worth about 3.2 billion euros ($4 billion) on Thursday during a visit by Spanish Prime Minister Mariano Rajoy to the Asian powerhouse to drum up support for his country's economy. At a ceremony in Beijing's Great Hall

Published 26 Sep, 2014 12:00am

China currency regulator uncovers $10 billion in fake trades

China has found nearly $10 billion worth of falsified trade transactions more than a year after the fake trades were first uncovered, the currency regulator said on Thursday, adding that a crackdown had now stamped out the practice. To evade China's capit

Published 26 Sep, 2014 12:00am

Weak eurozone lending data underscores need for ECB stimulus

Lending to euro zone households and companies contracted for the 28th month in a row in August, though at a slower pace, putting a keener spotlight on European Central Bank efforts to get credit flowing again. Euro zone banks, particularly in the crisis-s

Published 26 Sep, 2014 12:00am

India promises investors more red carpet, less red tape

Prime Minister Narendra Modi pledged Thursday to slash red tape and harness the benefits of a huge young population as he launched a campaign to attract global business to manufacture in India. India's business-friendly new leader wants to revive his coun

Published 26 Sep, 2014 12:00am

Libor

UK to widen law against benchmark rigging, aims for year-end

Britain plans to extend laws criminalising the rigging of Libor interest rates to seven other financial benchmarks by the end of this year, the finance ministry said on Thursday. The Treasury launched a consultation on widening the legislation to a range

Published 26 Sep, 2014 12:00am

G7 leaders warn Russia of more sanctions

Leaders of the world's most developed economies Thursday warned Russia of more sanctions unless all fighting stops in Ukraine and vowed to stand by the war-torn country as winter approaches. "Sanctions are not an end in themselves; they can only be rolled

Published 26 Sep, 2014 12:00am

Air France pilots stay on strike

The main pilots' union at Air France said on Thursday its strike was continuing despite confirmation from management that it had withdrawn its controversial plans to expand the airline's low-cost operations in Europe. As the stoppage costing 20 million eu

Published 26 Sep, 2014 12:00am

Lloyds says will sell more TSB shares

Britain''s bailed-out Lloyds Banking Group said Thursday that it will sell another tranche of shares in its TSB division. LBG said in a statement that it will offload 11.5 percent of TSB or 57.5 million shares, worth about £160 million ($260 million, 205

Published 26 Sep, 2014 12:00am

Lloyds says will sell more TSB shares

Britain's bailed-out Lloyds Banking Group said Thursday that it will sell another tranche of shares in its TSB division. LBG said in a statement that it will offload 11.5 percent of TSB or 57.5 million shares, worth about £160 million ($260 million, 205 m

Published 26 Sep, 2014 12:00am

Lloyds says will sell more TSB shares

Published 26 Sep, 2014 12:00am

US business spending plans, jobs data support growth outlook

New orders for capital goods by US businesses rebounded in August, pointing to underlying strength in the economy. The economic outlook also got a lift from other data on Thursday showing only a marginal increase in the number of people filing new claims

Published 26 Sep, 2014 12:00am

Dubai's Marka jumps on listing; Saudi Arabia index rebounds

Dubai's bourse edged down on Thursday as investors focused on the listing of retail and restaurants start-up Marka, while Saudi Arabia's index rebounded from a one-month low and other markets in the region were mixed. Marka shares jumped 59 percent - havi

Published 26 Sep, 2014 12:00am

Tokyo stocks soar

Tokyo stocks rose 1.28 percent to a new seven-year high on Thursday as the dollar surged against the yen following a rally on Wall Street. The Nikkei 225 index at the Tokyo Stock Exchange gained 206.69 points to finish at 16,374.14, its highest close sinc

Published 26 Sep, 2014 12:00am

Thursday's early trade: stocks plummet as Apple drags

US stocks were sharply lower heading into the midpoint of trading on Thursday, with each of the major indexes falling more than one percent and the S&P dropping through a key support level as Apple shares slumped. Apple shares, down 3.3 percent to $98.39,

Published 26 Sep, 2014 12:00am

S&P back above 14-day moving average

US stocks jumped in a broad advance on Wednesday, with the S&P 500 snapping a three-day losing streak and climbing back above a key technical level in a move that pointed to improving near-term momentum. The day's gains were spread across industries, with

Published 26 Sep, 2014 12:00am

Taiwan stocks up

Taiwan stocks were up Thursday following US and overseas markets higher. As of 0143 GMT, the main TAIEX index rose 18.99 points to 9,117.48, after closing up 0.15 percent on Wednesday. Gains were mostly broad-based. The electronics sub-index was up 0.3 pe

Published 26 Sep, 2014 12:00am

Bond yields rise

US benchmark Treasuries yields were set to close higher for the first time in five sessions on Wednesday after weak demand at a five-year note auction underscored concern about Federal Reserve rate hikes and strong housing data undercut safe-haven bids.

Published 26 Sep, 2014 12:00am

Bond yields rise

Published 26 Sep, 2014 12:00am

Mining shares lead South African stocks lower

South Africa's main stock indices fell to their lowest level in nearly four months on Thursday, weighed down by mining shares such as Harmony Gold as metal prices faltered. The market also booked its fourth straight session of declines as the strengthenin

Published 26 Sep, 2014 12:00am

Hong Kong stocks down, China up

Hong Kong stocks ended 0.64 percent lower Thursday reversing an opening rally that came after a surge on Wall Street. The Hang Seng Index slipped 153.48 points to 23,768.13 on turnover of HK$80.83 billion ($10.43 billion). The index rose in line with regi

Published 26 Sep, 2014 12:00am

Indian shares fall

Indian shares fell for a third consecutive session on Thursday, as lenders and other coal-related firms remained under pressure a day after the country's top court scrapped all but four of 218 coal blocks allocated by the government since 1993. The bank i

Published 26 Sep, 2014 12:00am

European shares fall in late sell-off, miners slip

European shares slipped in late trading on Thursday, tracking a sharp sell-off in US stocks, with weaker industrial metals prices on a stronger dollar hurting the mining sector. The STOXX Europe 600 Basic Resources index fell 2.1 percent to feature as the

Published 26 Sep, 2014 12:00am

Australian shares edge up

Australian shares edged higher 0.1 percent on Thursday after a solid session on Wall Street prompted investors to pick up recently battered mining stocks, though worries of a slowing growth in China tempered gains. The S&P/ASX 200 index added 6.4 points t

Published 26 Sep, 2014 12:00am

Southeast Asian markets: Indonesian shares outperform regional markets

Southeast Asian markets ended mixed on Thursday, with Indonesian stocks outperforming the region despite foreign outflow as investors bought beaten down shares after the sell off early this week. Some markets were upbeat over Wednesday's gains on Wall Str

Published 26 Sep, 2014 12:00am

FTSE falls as investors brace for US, UK tightening

Britain's FTSE 100 fell on Thursday to a six-week low as concern that Britain and the United States will soon tighten monetary policy pulled down mining and energy stocks, as well as companies exposed to the British property market. Shares in oil major BP

Published 26 Sep, 2014 12:00am

Euro wilts in Asia

The euro languished at 14-month lows in Asia on Thursday after reported remarks from European Central Bank President Mario Draghi rekindled expectations of more policy steps to support the euro zone. The euro was already under pressure after surrendering

Published 26 Sep, 2014 12:00am

Euro plumbs 22-month low in London

The euro fell on Thursday to an almost two-year low against a dollar that is on track for its longest winning streak since the early 1970s, as investors anticipate that European and US monetary policy will head in opposite directions. The gap in bond yiel

Published 26 Sep, 2014 12:00am

Early trade in New York: Dollar rises and euro sags

The dollar jumped on Thursday to fresh highs against other major currencies as investors betting European and American monetary policies are parting ways knocked the euro to an almost two-year low against the US currency. The euro fell as far as $1.26955

Published 26 Sep, 2014 12:00am

Dollar index at highest since July 2010

The dollar rose in the New York trade on Wednesday, climbing to a four-year high on an index that tracks the greenback against other major currencies, as the euro slumped beneath $1.28 on fresh signs of European economic weakness. After 10 straight weeks

Published 26 Sep, 2014 12:00am

New Zealand dollar slumps

The New Zealand dollar slumped to a fresh one-year low on Thursday after the country's central bank surprised the market by releasing a statement that warned the currency is at risk of a "significant" fall from still unjustified levels. Traders said the t

Published 26 Sep, 2014 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 77.40-77.40 (previous 77.40-77.40). Call Money Rates: 05.25-08.25 percent (* Previous 05.25-08.25 percent). (* revised).

Published 26 Sep, 2014 12:00am

Peso leads Asia FX losses

The Philippine peso hit a five-month low on Thursday, leading weakness among emerging Asian currencies, as the dollar hit a four-year high against major currencies with the euro slumping. The peso underperformed its regional peers after the country's July

Published 26 Sep, 2014 12:00am

Indian rupee hits 1-1/2 months low

The Indian rupee hit its lowest level in one-and-a-half months on Thursday, weighed down by a sharp fall in the domestic share market and demand for the greenback from importers, but the central bank stepped in to limit further losses. Traders said the ce

Published 26 Sep, 2014 12:00am

Carney aids sterling, gilt yields

Sterling reached its highest against the euro in more than two years on Thursday, as the latest comments from Bank of England Governor Mark Carney helped the pound get to less than 78 pence per euro for the first time since July of 2012. Along with a raft

Published 26 Sep, 2014 12:00am

Japan crush Palestine football hopes

Defending champions Japan hammered Palestine 4-0 on Thursday to set up an Asian Games quarter-final clash with South Korea, while 10-man China crashed out against Thailand. Wataru Endo, Musashi Suzuki, Takuma Arano and Riki Harakawa scored the goals that

Published 26 Sep, 2014 12:00am

Asiad medals table

Asian Games medals table after Thursday's events (gold, silver, bronze, total):

Published 26 Sep, 2014 12:00am

China win eight shooting golds

China swept eight of the 10 gold medals fought for in the Asian Games shooting on Thursday, breaking one world record even as revised rules handed them and South Korea new world marks. Zhao Shengbo, Lan Xing and Liu Gang shot a combined score of 1,876 in

Published 26 Sep, 2014 12:00am

Shek shocks Yang for vault gold

Hong Kong's Shek Wai-hung scooped a shock men's vault gold Thursday as South Korea's Olympic champion Yang Hak-Seon stumbled to silver on a night of slips and spills in the Asian Games gymnastics. Chinese teenager Yao Jinnan continued her stellar Games, w

Published 26 Sep, 2014 12:00am

Hong Kong's Lee completes dramatic double

Hong Kong's Olympic medal-winning track cyclist Sarah Lee Wai-sze took gold in the women's individual sprint Thursday in a dramatic third-race decider against Chinese rival Zhong Tianshi. Zhong just edged the first race and looked to have won the second b

Published 26 Sep, 2014 12:00am

Hijab row as controversies hit Games

Qatar's women's basketball team slammed a ban on their Muslim headscarves as an "insult" Thursday as a doping case and football match-fixing claims also rocked the Asian Games. The furious Qataris pulled out of a second game and looked set to quit the bas

Published 26 Sep, 2014 12:00am

Pakistan beat India, reach Asian Games hockey semis

Muhammad Waqas scored the winner six minutes from time as defending champions Pakistan downed arch-rivals India 2-1 to reach the Asian Games semi-finals on Thursday. In a keenly contested pool B encounter, Muhammad Bhutta put Pakistan ahead in the third q

Published 26 Sep, 2014 12:00am

UEFA opens financial probes against seven clubs

UEFA announced on Thursday that it had opened probes against Monaco, Roma, Besiktas, Inter Milan, Liverpool and Russian club Krasnodar for suspected breaches of financial fair play rules. In a statement, European football's governing body said that the se

Published 26 Sep, 2014 12:00am

Kvitova, Bouchard, Wozniacki make Wuhan semis

World number three Petra Kvitova powered into the semi-finals of the $2.4 million WTA Wuhan Open Thursday, joining Eugenie Bouchard and Caroline Wozniacki in the last four, while Angelique Kerber crashed out. Wimbledon champion Kvitova advanced at the exp

Published 26 Sep, 2014 12:00am

Pakistan launch crackdown on suspect bowlers

Pakistan on Thursday suspended 16 domestic bowlers with suspect actions, a senior official said, in a major crackdown against chucking following the ban of ace spinner Saeed Ajmal. Ajmal was suspended earlier this month after he was found to straighten hi

Published 26 Sep, 2014 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 2	278.03
USD PKR Interbank Buying / Dec 2	277.83
USD to Japanese Yen / Dec 2	150.58
USD to Swiss Franc / Dec 2	0.88
Pound Sterling to USD / Dec 2	1.27
Euro to USD / Dec 2	1.05

Stock	Volume
S&P 500 / Nov 29	6,032.38
Nasdaq / Nov 29	19,218.17
Dow Jones / Nov 29	44,910.65
India Sensex / Dec 2	79,733.56
Tokyo Nikkei / Dec 2	38,467.64
Hang Seng / Dec 2	19,461.37
FTSE 100 / Dec 2	8,277.30
Germany DAX 30 / Dec 2	19,584.63

Item	Value
Petrol/Litre / Dec 2	252.10
Crude Oil USD/Barrel / Dec 2	68.42
Karachi Cotton PKR/37.32 KG / Dec 2	17,685
Gold 10 Grams PKR / Dec 2	235,340
Gold Spot USD/Ounce / Dec 2	2,623.36
Diesel/Litre / Dec 2	258.43

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	7.20 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	621.98 ▼ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	68.33 ▼ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	143.75 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	1,092.36 ▼ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	12.66 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	7.20 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	621.98 ▲ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	68.33 ▲ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	143.75 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	1,092.36 ▲ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	12.66 ▲ 0.00 (0.00%)

Stock	Volume
B.O.Punjab / Dec 2 The Bank of Punjab(BOP)	95,056,818 ▲ 0.00
K-Electric Ltd. / Dec 2 K-Electric Limited(KEL)	55,535,090 ▲ 0.00
Sui South Gas / Dec 2 Sui Southern Gas Company Limited(SSGC)	44,802,561 ▲ 0.00
Bank Makramah / Dec 2 Bank Makramah Limited(BML)	33,703,641 ▲ 0.00
P.T.C.L. / Dec 2 Pakistan Telecommunication Company Ltd(PTC)	32,551,968 ▲ 0.00
Waves Home Appliances / Dec 2 Waves Home Appliances Limited(WAVESAPP)	32,094,183 ▲ 0.00
Hascol Petrol / Dec 2 Hascol Petroleum Limited(HASCOL)	27,538,280 ▲ 0.00
Symmetry Group / Dec 2 Symmetry Group Limited(SYM)	26,652,379 ▲ 0.00
WorldCall Telecom / Dec 2 Worldcall Telecom Limited(WTL)	25,274,872 ▲ 0.00

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