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Print - 2014-09-30
BRIndex30 falls by 205.68 points

BRIndex30 falls by 205.68 points

On Monday, BRIndex30 opened at 16,036.15 points. It touched an intraday high of 16,039.37 points and an intraday low of 15,782.37 points and closed at 15,830.47 points which was -205.68 points or -1.28 percent lower than previous close. Total volume was 4
Published 30 Sep, 2014 12:00am
Bearish trend persists

Bearish trend persists

Sentiment at the Karachi share market remained negative on the first day of the new trading week Monday. The benchmark KSE-100 index lost 323 points with slim volumes. Overall, the KSE-100 index declined by 1.09 percent to close at 29,383 points Monday co
Published 30 Sep, 2014 12:00am
Bearish trend persists

Bearish trend persists

Sentiment at the Karachi share market remained negative on the first day of the new trading week Monday. The benchmark KSE-100 index lost 323 points with slim volumes. Overall, the KSE-100 index declined by 1.09 percent to close at 29,383 points Monday co
Published 30 Sep, 2014 12:00am
Bearish trend persists

Bearish trend persists

Sentiment at the Karachi share market remained negative on the first day of the new trading week Monday. The benchmark KSE-100 index lost 323 points with slim volumes. Overall, the KSE-100 index declined by 1.09 percent to close at 29,383 points Monday co
Published 30 Sep, 2014 12:00am
WTO in deadlock over key customs deal

WTO in deadlock over key customs deal

The World Trade Organisation remained deadlocked Monday, two months after failing to seal a key deal on a global customs pact. Officials said that the United States blocked efforts by the WTO''''s trade facilitation committee because of continued wranglin
Published 30 Sep, 2014 12:00am
WTO in deadlock over key customs deal

WTO in deadlock over key customs deal

The World Trade Organisation remained deadlocked Monday, two months after failing to seal a key deal on a global customs pact. Officials said that the United States blocked efforts by the WTO''s trade facilitation committee because of continued wrangling
Published 30 Sep, 2014 12:00am
WTO in deadlock over key customs deal

WTO in deadlock over key customs deal

The World Trade Organisation remained deadlocked Monday, two months after failing to seal a key deal on a global customs pact. Officials said that the United States blocked efforts by the WTO's trade facilitation committee because of continued wrangling w
Published 30 Sep, 2014 12:00am
WTO in deadlock over key customs deal

WTO in deadlock over key customs deal

The World Trade Organisation remained deadlocked Monday, two months after failing to seal a key deal on a global customs pact. Officials said that the United States blocked efforts by the WTO's trade facilitation committee because of continued wrangling w
Published 30 Sep, 2014 12:00am
PTI's plea: another FIR lodged against Prime Minister, others

PTI's plea: another FIR lodged against Prime Minister, others

Islamabad police on Monday registered another case against Prime Minister Nawaz Sharif, Chief Minister Punjab Shahbaz Sharif, three federal ministers and six others on charges of murder, attempt to murder and terrorism over the killings of Pakistan Tehree
Published 30 Sep, 2014 12:00am
PTI's plea: another FIR lodged against Prime Minister, others

PTI's plea: another FIR lodged against Prime Minister, others

Islamabad police on Monday registered another case against Prime Minister Nawaz Sharif, Chief Minister Punjab Shahbaz Sharif, three federal ministers and six others on charges of murder, attempt to murder and terrorism over the killings of Pakistan Tehree
Published 30 Sep, 2014 12:00am
Imran asks Nawaz, Zardari to declare assets

Imran asks Nawaz, Zardari to declare assets

Pakistan Tehrik-e-Insaf chairman Imran Khan on Monday asked Prime Minister Nawaz Sharif and former president Asif Ali Zardari to declare their actual assets; otherwise his party would move the court against them. Addressing his workers on the 46th day of
Published 30 Sep, 2014 12:00am
Imran asks Nawaz, Zardari to declare assets

Imran asks Nawaz, Zardari to declare assets

Pakistan Tehrik-e-Insaf chairman Imran Khan on Monday asked Prime Minister Nawaz Sharif and former president Asif Ali Zardari to declare their actual assets; otherwise his party would move the court against them. Addressing his workers on the 46th day of
Published 30 Sep, 2014 12:00am
Government trying to resolve problems: Prime Minister

Government trying to resolve problems: Prime Minister

Prime Minister Nawaz Sharif said on Monday that the government is aware of problems in the system and trying to eliminate them. Speaking to reporters outside his London residence, Prime Minister Nawaz Sharif said those holding sit-ins were trying to disru
Published 30 Sep, 2014 12:00am
Government trying to resolve problems: Prime Minister

Government trying to resolve problems: Prime Minister

Prime Minister Nawaz Sharif said on Monday that the government is aware of problems in the system and trying to eliminate them. Speaking to reporters outside his London residence, Prime Minister Nawaz Sharif said those holding sit-ins were trying to disru
Published 30 Sep, 2014 12:00am
PPP to hold meeting outside Quaid's mausoleum on October 18

PPP to hold meeting outside Quaid's mausoleum on October 18

Vice Chairman Pakistan People's Party and former Prime Minister Yousuf Raza Gilani on Monday said that PPP Chairman Bilawal Bhutto Zardari would formally start his political career on October 18 public meeting at Mazar-e-Quaid. Briefing media persons afte
Published 30 Sep, 2014 12:00am
PPP to hold meeting outside Quaid's mausoleum on October 18

PPP to hold meeting outside Quaid's mausoleum on October 18

Vice Chairman Pakistan People's Party and former Prime Minister Yousuf Raza Gilani on Monday said that PPP Chairman Bilawal Bhutto Zardari would formally start his political career on October 18 public meeting at Mazar-e-Quaid. Briefing media persons afte
Published 30 Sep, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (September 29, 2014).

Published 30 Sep, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (September 29, 2014).

Published 30 Sep, 2014 12:00am
Modi warns US to avoid Iraq 'mistake'

Modi warns US to avoid Iraq 'mistake'

Indian Prime Minister Narendra Modi warned the United States Monday not to repeat its "mistake" in Iraq by pulling out of Afghanistan too quickly. Modi, who is due to meet President Barack Obama later on Monday, said US forces had forged "stability" in Af
Published 30 Sep, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (September 29, 2014).

Published 30 Sep, 2014 12:00am
Modi warns US to avoid Iraq 'mistake'

Modi warns US to avoid Iraq 'mistake'

Indian Prime Minister Narendra Modi warned the United States Monday not to repeat its "mistake" in Iraq by pulling out of Afghanistan too quickly. Modi, who is due to meet President Barack Obama later on Monday, said US forces had forged "stability" in Af
Published 30 Sep, 2014 12:00am
Afghanistan swears in Ghani

Afghanistan swears in Ghani

Afghanistan inaugurated its first new president in a decade on Monday, swearing in technocrat Ashraf Ghani to head a power-sharing government just as the withdrawal of most foreign troops presents a crucial test. The first democratic handover of power in
Published 30 Sep, 2014 12:00am
Afghanistan swears in Ghani

Afghanistan swears in Ghani

Afghanistan inaugurated its first new president in a decade on Monday, swearing in technocrat Ashraf Ghani to head a power-sharing government just as the withdrawal of most foreign troops presents a crucial test. The first democratic handover of power in
Published 30 Sep, 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 (September 29, 2014).
Published 30 Sep, 2014 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (September 29, 2014).

Published 30 Sep, 2014 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (September 29, 2014).

Published 30 Sep, 2014 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (September 29, 2014).
Published 30 Sep, 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 (September 29, 2014).

Published 30 Sep, 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 (September 29, 2014).

Published 30 Sep, 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 (September 29, 2014).

Published 30 Sep, 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 (September 29, 2014).

Published 30 Sep, 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 30 Sep, 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 30 Sep, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 30 Sep, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 30 Sep, 2014 12:00am
US Midwest soyabean, corn bids lower

US Midwest soyabean, corn bids lower

Spot basis bids for soyabeans were lower at processors and elevators around the US Midwest on Monday, pressured by harvesting over the weekend, dealers said. Several locations were open through the weekend to accept freshly cut crops as the pace of the ha
Published 30 Sep, 2014 12:00am
Thailand sells 70,000 tonnes of rice from stocks

Thailand sells 70,000 tonnes of rice from stocks

The Thai government has sold another 70,000 tonnes of rice from the 140,000 tonnes it planned to sell in its second tender in September, a senior commerce ministry official said on Monday. After the army took power in May and inspected rice stocks nation-
Published 30 Sep, 2014 12:00am
Indonesian rubber group seeks to set $1.50 per kg floor price

Indonesian rubber group seeks to set $1.50 per kg floor price

Indonesia's main rubber grouping is seeking to put a floor under prices at $1.50/kg as the world's No 2 producer looks to support global prices that have plunged more than 30 percent so far this year. Shanghai and Tokyo futures are struggling near multi-y
Published 30 Sep, 2014 12:00am
Oil cake market rates

Oil cake market rates

The December vaida was higher on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The December contract closed at Rs 1497.20, it commenced with 20 paisa gain at Rs 1497.40 they said. The January vaida ended at Rs 1
Published 30 Sep, 2014 12:00am
Cotton market: prices increase slightly on tight supply

Cotton market: prices increase slightly on tight supply

Steadier trend prevailed on the cotton market on Monday as prices depicted firmness due to slow supplies, dealers said. The official spot rate was up by Rs 50 to Rs 5,100, they added. In the ready session, over 9,000 bales of cotton changed hands between
Published 30 Sep, 2014 12:00am
US Plains HRW wheat bids firm

US Plains HRW wheat bids firm

Cash spot basis bids for hard red winter wheat were steady to firm in the southern US Plains on Monday and farmer selling was thin as producers focused on harvesting corn and seeding wheat, grain merchants said. K.C. hard red winter wheat futures were hov
Published 30 Sep, 2014 12:00am
Canadian canola futures higher

Canadian canola futures higher

ICE Canadian canola futures edged higher on Monday, supported by cooler, wet weather expected this week that would delay the Western Canada harvest. Environment Canada was forecasting rain around mid-week in Manitoba and Saskatchewan. Farmers likely made
Published 30 Sep, 2014 12:00am
Indian tea prices fall

Indian tea prices fall

Average tea prices in India, the world's second-biggest producer, edged lower at last week's auction on a drop in supply of premier grade leaf, though demand was healthy from domestic players. The CTC (crush-tear-curl) grade leaf was sold at 147.20 rupees
Published 30 Sep, 2014 12:00am
Firm trend on grain market

Firm trend on grain market

Steadier trend was seen on the wholesale grain market on Monday as most of the commodity items sustained week-end levels in the process of trading, dealers said. On the seeds side, cottonseeds oilcake with bag Sindh new inferior variety shed Rs 30 to Rs 1
Published 30 Sep, 2014 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Monday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 4.520 billion. The number of lots traded was 17,207 and PMEX Commodity Index closed at 2,955. Major business was contributed by crude oil amounting to PKR 3.466 billion, fol
Published 30 Sep, 2014 12:00am
US natural gas futures close up

US natural gas futures close up

US natural gas futures closed up on Friday posting its best week in a month, erasing losses in late trading for a second straight day on bets that cold weather will ultimately lift gas demand for heating. The US gas contract for October delivery finished
Published 30 Sep, 2014 12:00am
Ghana aims to produce one million tonnes of cocoa

Ghana aims to produce one million tonnes of cocoa

Ghana aims to produce 1 million tonnes of cocoa in the 2014/15 season, up from around 900,000 tonnes in the 2013/14 season just closed, Deputy Finance Minister Cassiel Ato Forson told Reuters on Thursday. The world's number two cocoa producer this month r
Published 30 Sep, 2014 12:00am
Indian palm oil imports likely to climb

Indian palm oil imports likely to climb

India's palm oil imports are likely to climb around 4 percent to 8.25 million tonnes in the marketing year starting November as poor monsoon rains curb growth in local edible oil supplies amid a rise in consumption, a veteran trader said on Friday. Higher
Published 30 Sep, 2014 12:00am
CBOT wheat futures narrowly mixed

CBOT wheat futures narrowly mixed

Wheat futures on the Chicago Board of Trade closed narrowly mixed on Friday on light bargain-buying one day after falling to four-year low, traders said. K.C. hard red winter wheat also closed mixed but MGEX spring wheat futures ended lower, losing ground
Published 30 Sep, 2014 12:00am
Russia's wheat prices fall on pressure by global market

Russia's wheat prices fall on pressure by global market

Russian wheat export prices fell last week and are expected to continue declining this week as local traders seek to stay competitive with the low prices of major global rivals, analysts said on Monday. Russia, one of the world's largest wheat exporters,
Published 30 Sep, 2014 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 232,693 tonnes of cargo comprising 197,108 tonnes of import cargo and 35,585 tonnes of export cargo including 4,052 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 197
Published 30 Sep, 2014 12:00am
Green Pool sees balanced global 2014/15 sugar market

Green Pool sees balanced global 2014/15 sugar market

Green Pool Commodities on Monday narrowed its 2014/15 global sugar deficit forecast to 100,000 tonnes, from a mid-year forecast for a 1.0 million tonnes deficit and a surplus of 4.5 million tonnes for 2013/14. Its annual crop production forecasts are base
Published 30 Sep, 2014 12:00am
Ukraine harvests 41.2 million tonnes of grain

Ukraine harvests 41.2 million tonnes of grain

Ukrainian farmers harvested 41.2 million tonnes of grain from 11.1 million hectares up until September 29, the agriculture ministry said on Monday. It said that farmers had harvested 75 percent of the sown area and that grain yield averaged 3.72 tonnes pe
Published 30 Sep, 2014 12:00am
Cotton eases on demand worries, rising dollar

Cotton eases on demand worries, rising dollar

Cotton futures retreated on Monday, on track for a 16 percent drop in the third quarter, under pressure from a strong US dollar and fears that reduced demand in top consumer China will cause global inventories to swell. The benchmark December cotton contr
Published 30 Sep, 2014 12:00am
Shanghai copper slips

Shanghai copper slips

The most-traded December copper contract on the Shanghai Futures Exchange cut early gains to fall 0.4 percent to 47,500 yuan ($7,739) a tonne on Monday pressured by a stronger dollar and questions over economic growth in top metals user China. "A strong d
Published 30 Sep, 2014 12:00am
Copper steadies, nickel slides

Copper steadies, nickel slides

Copper prices steadied on Monday, after earlier touching their lowest level in almost three months, as the dollar pulled back from an earlier four-year high against a basket of currencies. Nickel slid as inventories piled up to another record high. Benchm
Published 30 Sep, 2014 12:00am
Rubber drops

Rubber drops

Benchmark Tokyo rubber futures fell 1.5 percent in light trading on Monday following a fall in Shanghai futures ahead of the week-long National Day holiday in China. The Tokyo Commodity Exchange (TOCOM) rubber contract for March delivery lost 2.7 yen to s
Published 30 Sep, 2014 12:00am
Palm oil gains on export expectations

Palm oil gains on export expectations

Malaysian palm oil rose on Monday on expectations of positive palm oil export data for September and a weakening ringgit, but volumes remained low as competing edible oil prices slipped and US soybeans hit a four-year low. The market is anticipating Malay
Published 30 Sep, 2014 12:00am
Raw sugar extends rally; cocoa set for third quarter gain

Raw sugar extends rally; cocoa set for third quarter gain

ICE sugar futures extended their rally on Monday amid uncertainty over how much sugar would be delivered against the October contract, due to expire on Tuesday. Arabica coffee rose on concerns about drought-related crop damage in Brazil, while ICE cocoa t
Published 30 Sep, 2014 12:00am
Gold recovers in Asia

Gold recovers in Asia

Gold recovered from early losses on Monday after Hong Kong pro-democracy supporters clashed with police, keeping Asian stocks on edge and boosting bullion's appeal as a safe haven, though the strength in the dollar kept the metal's gains in check.
Published 30 Sep, 2014 12:00am
Gold down in Europe

Gold down in Europe

Gold fell on Monday as downward pressure from a strong dollar outweighed support from unrest in Hong Kong, which hit global shares and led to some demand for the metal. Spot gold was down 0.2 percent to $1,217.10 an ounce by 1422 GMT, while US gold future
Published 30 Sep, 2014 12:00am
US MIDDAY: corn and soya rebound

US MIDDAY: corn and soya rebound

US corn and soyabeans edged higher on Monday, rebounding from their multiyear lows reached earlier in the trading session amid the advancing harvest of record crops and a continuing dollar rally that dented export hopes. Wheat futures also were mostly hig
Published 30 Sep, 2014 12:00am
US MIDDAY: gold falls

US MIDDAY: gold falls

Gold prices dropped on Monday after US consumer spending data pointed to a strengthening economy, but losses were limited as pro-democracy protests in Hong Kong added to worries about growth in China. Mass protests in Hong Kong stirred unrest in the globa
Published 30 Sep, 2014 12:00am
Lufthansa pilots turn up heat with more strikes

Lufthansa pilots turn up heat with more strikes

Lufthansa pilots turned up the pressure on management in a dispute over early retirement provisions Monday by calling a fourth day of walkouts, the latest challenge to cost-cutting at Europe's older airlines. Just a day after pilots at French flag carrier
Published 30 Sep, 2014 12:00am
Macy's to hire 86,000 workers for holiday season

Macy's to hire 86,000 workers for holiday season

Department store operator Macy's Inc said it planned to hire about 86,000 workers for the holiday shopping season, up from about 83,000 last year. Macy's said it would hire about 1,125 for its customer service centers, about 3,000 for delivery and store p
Published 30 Sep, 2014 12:00am
France's core deficit targets off course

France's core deficit targets off course

France will tighten its budget less than promised even when the impact of the downturn in the economic cycle is stripped out of the equation, Les Echos newspaper reported on Monday. If confirmed when the 2015 budget is presented on Wednesday, the news wou
Published 30 Sep, 2014 12:00am