News Archives for Print - 2014-10-21

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Print - 2014-10-21

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Monday (October 20, 2014).

Published 21 Oct, 2014 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Monday (October 20, 2014).

Published 21 Oct, 2014 12:00am

IBM profit plunges on disposal of chip unit, poor sales

Shares of IBM plummeted Monday after earnings collapsed on a $4.7 billion charge and weak sales raised questions about the technology giant''''s efforts to remake itself. Third-quarter earnings sank from $4.0 billion a year ago period to just $18 million,

Published 21 Oct, 2014 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Monday (October 20, 2014).

Published 21 Oct, 2014 12:00am

IBM profit plunges on disposal of chip unit, poor sales

Shares of IBM plummeted Monday after earnings collapsed on a $4.7 billion charge and weak sales raised questions about the technology giant''s efforts to remake itself. Third-quarter earnings sank from $4.0 billion a year ago period to just $18 million, m

Published 21 Oct, 2014 12:00am

EFU Aitemad Growth Fund Rates

EFU Aitemad Growth Fund Rates on Monday (October 20, 2014).

Published 21 Oct, 2014 12:00am

IBM profit plunges on disposal of chip unit, poor sales

Shares of IBM plummeted Monday after earnings collapsed on a $4.7 billion charge and weak sales raised questions about the technology giant's efforts to remake itself. Third-quarter earnings sank from $4.0 billion a year ago period to just $18 million, ma

Published 21 Oct, 2014 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Monday (October 20, 2014).

Published 21 Oct, 2014 12:00am

IBM profit plunges on disposal of chip unit, poor sales

Published 21 Oct, 2014 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Monday (October 20, 2014).

Published 21 Oct, 2014 12:00am

CCP issues notices to PAMADA, its members

In a major breakthrough, the Competition Commission of Pakistan (CCP) has issued show cause notices to Pakistan Automotive Manufacturers Authorised Dealers Association (PAMADA) and its 44 members for prima facie cartelization, collusion, price fixation an

Published 21 Oct, 2014 12:00am

EFU Capital Growth Fund Rates

EFU Capital Growth Fund Rates on Monday (October 20, 2014).

Published 21 Oct, 2014 12:00am

CCP issues notices to PAMADA, its members

Published 21 Oct, 2014 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Monday (October 20, 2014).

Published 21 Oct, 2014 12:00am

CCP issues notices to PAMADA, its members

Published 21 Oct, 2014 12:00am

EFU Pension Growth Fund Rates

EFU Pension Growth Fund Rates on Monday (October 20, 2014).

Published 21 Oct, 2014 12:00am

Islamic banking subsidiary: Rs six billion initial paid-up capital required: SBP

In order to encourage Islamic banking, State Bank of Pakistan (SBP) Monday eased Minimum paid-up Capital Requirement (MCR) for setting up new Islamic banking subsidiary. As per the SBP announcement, a new Islamic banking subsidiary can be established with

Published 21 Oct, 2014 12:00am

Germany's Metro reports four percent fall in sales

German retail giant Metro AG on Monday reported a four-percent decline in its yearly sales to 63 billion euros ($80 billion), largely because of a strong euro and divestments. However the group said it would still meet its pre-tax operating profit of 1.75

Published 21 Oct, 2014 12:00am

Hub Power Company Limited

The country's second largest IPP, Hub Power Company, was incorporated in 1991 as a public limited company. It was one of the first and the largest IPPs to be financed by the private sector in southern Asia. The company holds immense significance as its sh

Published 21 Oct, 2014 12:00am

Demonstration held against cancellation of mine leases in KP

Activists of Frontier Mine Owners Association (FMOA) here on Monday staged a protest demonstration outside press club, against provincial government for alleged cancellation of mine leases in the province. The protest was headed by FMOA Chairman Sherbandi

Published 21 Oct, 2014 12:00am

'Khyber One Operation': JI demands arrangements to shift marooned tribesmen to safer places

Jamaat-i-Islami Khyber Agency demanded the government to immediate open roads and make arrangements to shift marooned people to safer places, in wake launching fresh military action 'Khyber One operation' in Tehsil Bara of the tribal agency. Addressing a

Published 21 Oct, 2014 12:00am

Four bodies found in Bara

Local authorities have found four bullet-riddled bodies in Tehsil Bara of Khyber Agency. According to Political Administration, the bodies were recovered along the roadside from Akakhel area. Meanwhile the militants on Monday kidnapped a FC soldier from A

Published 21 Oct, 2014 12:00am

Telenor Pakistan launches school rehabilitation project in Nowshehra

Telenor Pakistan in collaboration with Plan International has announced the launch of scale-up phase of its school rehabilitation and improvement project in Nowshehra. The announcement was made recently during the launch ceremony attended by Atif Khan, Ed

Published 21 Oct, 2014 12:00am

Alleged militant killed, another held in Sakran

One alleged militant was killed in an exchange of fire between police and the armed men while another arrested in Sakran area of Lasbela on Monday. Police sources said that acting on a tipoff about presence of militants, in village Goth Ramazan Marri, who

Published 21 Oct, 2014 12:00am

PBC dismayed over FBR's coercive measures

Pakistan Business Council (PBC) has expressed disenchantment over coercive measures taken by Federal Board of Revenue (FBR) for tax assessment, causing to escalate cost of doing business for taxpayers in Pakistan. In a letter sent to Finance Minister Isha

Published 21 Oct, 2014 12:00am

President approves appointment of ATC judge

President Mamnoon Hussain, on the advice of the Prime Minister, has approved appointment of Sohail Nasir, District and Session Judge as a Judge, Accountability Court-III, Rawalpindi on deputation basis in his own pay and scale for a period of three years

Published 21 Oct, 2014 12:00am

Palm oil down

Malaysian palm oil futures ended lower on Monday, recording falls in six out of eight sessions as losses in comparative soy markets weighed on sentiment, although hopes for weaker output to rein in stockpiles capped losses. Investors were jittery over pro

Published 21 Oct, 2014 12:00am

Rubber rises

Benchmark Tokyo rubber futures ended up 1.8 percent on Monday, after hitting a one-month high earlier on the back of a weaker yen and Thai government measures to help rubber farmers in the country. The benchmark rubber contract on the Tokyo Commodity Exch

Published 21 Oct, 2014 12:00am

Hong Kong exchange wants trading link with Shanghai for commodities

The Hong Kong stock exchange (HKEx) said it aimed to create a link to trade commodities with mainland China by adapting a share trading system with the Shanghai Stock Exchange that is on the cusp of going live. No firm date has been announced for the laun

Published 21 Oct, 2014 12:00am

Brent drops below $86 a barrel

Brent crude fell on Monday, dropping below $86 a barrel as worries about booming supply and sluggish demand pushed the global oil benchmark back toward last week's four-year low. US crude hovered below $83 a barrel. Brent tumbled more than a dollar in ear

Published 21 Oct, 2014 12:00am

Cotton falls on China demand, harvest pressure

Cotton futures dropped on Monday, down for a fifth straight session, on worries over waning demand in China, the world's top textile market. The benchmark December cotton contract on ICE Futures US closed down 0.71 cent, or 1.1 percent, at 62.29 cents a l

Published 21 Oct, 2014 12:00am

US MIDDAY: gold rises

Gold rose early on Monday, set to snap two straight losing sessions, boosted by renewed physical demand related to Diwali, India's major bullion-buying event this week. Earlier, gold rose to a high of $1,248.44 an ounce, near a one-month high as physical

Published 21 Oct, 2014 12:00am

US MIDDAY: corn, soya fall

US corn and soyabean futures fell to one-week lows on Monday as drier weather in the US Midwest was set to allow harvesting to accelerate after rain delays. Forecasts for mostly dry conditions across the Corn Belt drove down prices after markets rallied i

Published 21 Oct, 2014 12:00am

Gold climbs above $1,240 in European trade

Gold snapped two days of losses to rise on Monday as renewed weakness in European stocks boosted interest in the metal as an alternative asset, though a tentative recovery in risk appetite in other markets limited its gains. The metal rebounded sharply af

Published 21 Oct, 2014 12:00am

Gold edges up in Asia

Gold edged up on Monday towards a one-month high, recovering from earlier losses, as concerns about a slowdown in the global economy persisted despite strong US data. Spot gold edged up 0.2 percent to $1,240.40 an ounce by 0701 GMT after earlier falling 0

Published 21 Oct, 2014 12:00am

ICE arabica coffee hits 3-1/2-week low

ICE arabica coffee dropped over 6 percent on Monday to a 3-1/2-week low on Monday as showers in top grower Brazil sparked liquidation and eased worries over a potentially damaging dry spell. Raw sugar on ICE Futures US rose on news of a warehouse fire in

Published 21 Oct, 2014 12:00am

Rotterdam vegetable oil prices

Monday's Rotterdam vegetable oil prices at 1600 GMT.

Published 21 Oct, 2014 12:00am

Rotterdam vegetable oil prices

Monday's Rotterdam vegetable oil prices at 1600 GMT.

Published 21 Oct, 2014 12:00am

Copper, nickel slip

Copper fell on Monday to levels near a six-month low touched in the previous session, weighed down by uncertainty over China's economic growth, while nickel sunk to the lowest level in seven months. Copper's fundamentals looked shaky compared with other b

Published 21 Oct, 2014 12:00am

Shanghai copper little changed

The most traded December copper contract on the Shanghai Futures Exchange closed little changed at 47,070 yuan ($7,687) a tonne on Monday. Traders said expectations that copper would benefit from strong US economic data and Wall Street's rally on Friday -

Published 21 Oct, 2014 12:00am

Two women among 10 killed in Lasbela accident

At least 10 people, including two women, were killed and 25 others sustained injuries in a road accident when a passenger coach collided with truck on RCD Highway near Othal area of Lasbela district in the wee hours of Monday. According to police sources,

Published 21 Oct, 2014 12:00am

Malik meets Zardari, Bilawal

Former Interior Minister Rehman Malik met with PPP co-chairman Asif Ali Zardari in Karachi on Monday. The two leaders discussed MQM's decision to pull out of the Sindh government and sit on opposition benches. Bilawal Bhutto Zardari was also present in th

Published 21 Oct, 2014 12:00am

Countrywide protest from tomorrow: inheritance makes Bilawal Bhutto Zardari PPP Chairman: Imran

Criticising Pakistan People's Party young Chairperson Bilawal Bhutto Zardari, Pakistan Tehreek-e-Insaf Chairman Imran Khan said here on Monday that the boy even can not speak Urdu but made party chairman due to inheritance being the son and the grandson o

Published 21 Oct, 2014 12:00am

Punjab Assembly session: opposition urges government to improve governance

Opposition members belonging to Pakistan People's Party (PPP) reiterated their commitment to protect democracy in the country, however, they categorically stated that they do not support the PML-N government as it failed to deliver good governance both in

Published 21 Oct, 2014 12:00am

'No additional burden on masses with power tariff hike'

Minister for Water and Power Khwaja Asif on Monday informed the Senate that no additional burden would be put on the masses with the recent increase in electricity tariff, as it has been rationalised through fuel adjustment. The minister was responding to

Published 21 Oct, 2014 12:00am

Rashid for more cultural interaction among various states

Senator Pervez Rashid, Federal Minister for Information Broadcasting and National Heritage Monday said culture made it easier for people to understand one another in a better way, thus enabling them to overcome cross cultural barriers. Culture diversity w

Published 21 Oct, 2014 12:00am

Parliamentarians' power, privilege, immunities: Senate refers bill to special committee

The Senate on Monday referred a private member bill seeking to define powers, immunities and privileges of the members of the Parliament to a special committee to be constituted later to further deliberate on the law. The bill - The Members of Parliament

Published 21 Oct, 2014 12:00am

FPCCI polls to be held after completion of electoral college

Annual elections of Federation of Pakistan Chamber of Commerce and Industry (FPCCI) for the year 2015 will be held after completion of its electoral college. United Businessmen Panel's (UBP) Chairman Iftikhar Ali Malik said that the last date for filing n

Published 21 Oct, 2014 12:00am

Obama votes early in Chicago

President Barack Obama cast his ballot Monday during a visit in his hometown of Chicago two weeks ahead of November 4 mid-term elections. "I love voting. Everybody in Illinois, early vote. It's a wonderful opportunity," Obama said after submitting his vot

Published 21 Oct, 2014 12:00am

Fresh attack at Baghdad mosque kills at least 11

A suicide bomber detonated explosives Monday outside a Shia mosque in central Baghdad, killing at least 11 people in the second such attack in the capital in 24 hours, officials said. "It was a suicide attack that targeted people who were just leaving Hus

Published 21 Oct, 2014 12:00am

Britain's Farage saves EU parliament group

British eurosceptic leader Nigel Farage said he had saved his European parliament group from collapse on Monday after recruiting a Polish legislator from a far-right party. Farage's Europe of Freedom and Direct Democracy (EFDD) group was officially dissol

Published 21 Oct, 2014 12:00am

Monica Lewinsky gives speech, joins Twitter

Monica Lewinsky, the former White House intern whose affair with Bill Clinton led to his impeachment, returned to public life on Monday, giving her first speech in 13 years and joining Twitter. In an emotional address at Forbes' inaugural Under 30 summit

Published 21 Oct, 2014 12:00am

Japanese Prime Minister loses two female ministers over cash scandals

Japan's Prime Minister Shinzo Abe suffered a double setback Monday with the resignations of two female cabinet ministers over claims they misused political funds, dealing a blow to his proclaimed gender reform drive. Industry minister Yuko Obuchi and just

Published 21 Oct, 2014 12:00am

Rousseff leads by whisker in latest Brazil poll

With a week to go before Brazil's presidential elections, a new poll shows incumbent Dilma Rousseff edging ahead of rival Aecio Neves in a race that is still too close to call. The poll by MDA consulting gave Rousseff 45.5 percent to 44.5 for Neves, a Soc

Published 21 Oct, 2014 12:00am

Che photographer Burri dies

Swiss photographer Rene Burri, celebrated for his portraits of Che Guevara and Pablo Picasso, died Monday in Zurich aged 81, the Magnum agency said. Burri, who lived between Zurich and Paris, had been suffering from a long illness, according to the photo

Published 21 Oct, 2014 12:00am

Jewish settlers take over 10 Eeast Jerusalem homes

Israeli settlers moved into 10 new homes in annexed east Jerusalem on Monday, activists said, in spite of fierce local opposition and international condemnation of such takeovers. According to Jawad Siyyam, a Palestinian activist who heads the Silwan Comm

Published 21 Oct, 2014 12:00am

EU sees less violence in eastern Ukraine

The European Union said Monday it believed a ceasefire and peace plan have helped reduce fighting between government and pro-Russian rebels in eastern Ukraine but condemned continued violations of the accord. The accords reached last month were a step tow

Published 21 Oct, 2014 12:00am

Nigeria declared Ebola-free in 'spectacular success'

Nigeria was declared Ebola-free on Monday in a "spectacular success" in the battle to contain the spread of a virus which is devastating Guinea, Sierra Leone and Liberia where more than 4,500 people have died. The World Health Organisation said Nigeria -

Published 21 Oct, 2014 12:00am

Main square of Istanbul 'world's ugliest': Prime Minister

Turkish Prime Minister Ahmet Davutoglu has reportedly labelled Istanbul's Taksim Square, which was rocked by deadly anti-government protests last year, "as the ugliest square in the world". "If anyone tells me that Taksim is a perfect square, then I would

Published 21 Oct, 2014 12:00am

Spain vows to crush still 'alive' ETA

Spain's government vowed Monday that it would smash the Basque separatist group ETA after claiming that it was still "alive" three years after it ended its violence. "ETA is not operational but it is alive," Interior Minister Jorge Fernandez Diaz told rep

Published 21 Oct, 2014 12:00am

Climate talks told to ease rifts as heat busts record

Fresh UN climate talks opened in Bonn on Monday with a plea for nations to overcome rifts as scientists reported record global temperatures for a month of September. In an appeal to negotiators at the six-day meeting, UN climate chief Christiana Figueres

Published 21 Oct, 2014 12:00am

Ajmal-less Pakistan seek to end 20-year Australia drought

Pakistan hope to end a 20-year drought against Australia when they meet in the first of two Tests in Dubai from Wednesday but they are hobbled by the absence of spin king Saeed Ajmal. Ajmal, who has been suspended due to an illegal bowling action, has sin

Published 21 Oct, 2014 12:00am

South Africa rejects hosting Africa Nations Cup

South Africa is not ready to host the Africa Cup of Nations in January if Morocco withdraws because of the Ebola epidemic, Sports Minister Fikile Mbalula said Monday. The Confederation of African Football (CAF) has reportedly approached South Africa, Ghan

Published 21 Oct, 2014 12:00am

Siddle wants to put pressure on Misbah, Younis

Australia's frontline paceman Peter Siddle is targeting the experienced duo of Misbah-ul Haq and Younis Khan in the first Test against Pakistan starting in Dubai on Wednesday. The 29-year-old paceman is likely to share the new ball with the more livelier

Published 21 Oct, 2014 12:00am

Canada record is tonic for beaten Bouchard

Eugenie Bouchard took comfort in her rise to a Canadian-record number five in the world after she opened her WTA Finals campaign with a disappointing round robin defeat on Monday. The 20-year-old went down 6-2, 6-3 to Romania's Simona Halep in Singapore,

Published 21 Oct, 2014 12:00am

Serena eases knee concerns

An all-action Serena Williams eased concerns over her injured knee as she opened the WTA Finals with a 6-4, 6-4 victory over Ana Ivanovic on Monday. The world number one withdrew from this month's China Open with a left knee problem but she showed no disc

Published 21 Oct, 2014 12:00am

Australia loss a boost for Pakistan: Waqar Younis

Pakistan head coach Waqar Younis believes Australia's 153-run defeat in a warm-up game has helped him find flaws in the opposition for the first Test starting on Wednesday in Dubai. "It's quite nice to see them lose," said Waqar of the Pakistan 'A' team's

Published 21 Oct, 2014 12:00am

Murray eyes Tour Finals momentum in Valencia

Two-time Grand Slam winner Andy Murray continues his bid to reach the ATP World Tour Finals next month at the Valencia Open fresh from his second tournament victory of the season in Vienna. The Scot downed David Ferrer 5-7, 6-2, 7-5 to claim the title on

Published 21 Oct, 2014 12:00am

Australia amnesty to doping, match-fixing

Cricket Australia on Monday announced an amnesty for anyone coming forward with information relating to match-fixing or doping as it steps up its fight against corruption ahead of the World Cup. Currently, players and officials can be suspended for up to

Published 21 Oct, 2014 12:00am

Nepal football chief steps down pending graft probe

Nepal's powerful football chief Ganesh Thapa stepped down from his post Monday, pending a parliamentary investigation accusing him of embezzling millions of dollars and accepting bribes during his 19-year tenure. Thapa, a vice-president of the Asian Footb

Published 21 Oct, 2014 12:00am

Myanmar fined over fans' pitch invasion

Asia's football governing body has warned Myanmar they will be ordered to play behind closed doors if they fail to rein in their fans after fining them $24,000 for a pitch invasion last week. Dozens of people descended onto the pitch, cheering and singing

Published 21 Oct, 2014 12:00am

Neymar relishing partnership with Messi, Suarez

Barcelona forward Neymar is looking forward to welcoming Luis Suarez into his and Lionel Messi's star-studded strike partnership when the Uruguayan returns from a four-month ban this weekend. Suarez looks set to make his debut for the Catalans on the bigg

Published 21 Oct, 2014 12:00am

1968 Olympic high jump champion Rezkova dies

Czech high jumper Miloslava Rezkova, who won the 1968 Olympic high jump gold medal, has died at the age of 64 following a long illness, the Czech Athletics Federation (CAS) announced on Monday. Miloslava (or Milena) Rezkova, caused a major surprise at the

Published 21 Oct, 2014 12:00am

Australian and New Zealand dollar perk up

The Australian and New Zealand dollars were modestly higher on Monday, as they drew support from a more positive environment for risk-taking and waited for key local and offshore data. The Antipodeans were benefiting from the stronger-than-expected US dat

Published 21 Oct, 2014 12:00am

Sterling rises versus dollar, euro

Sterling rose against the euro and the dollar on Monday, as traders bought it after last week's sharp losses, with its near-term direction set to be dictated by UK growth data. Third-quarter gross domestic product numbers on Friday could provide some supp

Published 21 Oct, 2014 12:00am

Indian rupee gains

The Indian rupee gained for a second consecutive session on Monday after the ruling party's success in two state elections and the government's removal of diesel subsidies and a hike in natural gas prices sparked hopes for additional reforms. India's gove

Published 21 Oct, 2014 12:00am

Asia forex: Rupiah rises as Indonesia gets new president

The Indonesia rupiah led gains among emerging Asian currencies on Monday, hitting a three-week peak on higher stocks and bond prices as hopes over the new president's economic reforms grew. Emerging Asian currencies rose as solid US data and corporate ear

Published 21 Oct, 2014 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 77.40-77.40 (previous 77.40-77.40). Call Money Rates: 07.00-09.25 percent (* Previous 06.75-09.25 percent). (* revised).

Published 21 Oct, 2014 12:00am

Yen recovers against dollar in London

The yen recovered some ground against the dollar on Monday as worries about global growth persisted, making investors wary of riskier assets. Germany's central bank said on Monday that the German economy - the largest in the euro zone - risks coming dange

Published 21 Oct, 2014 12:00am

Early trade in New York: Dollar softens

Major currencies traded in tight ranges on Monday with investors facing a vacuum of data and modest price changes in global markets, save for Japan where stocks rallied on possible public pension fund spending, which helped boost the yen.

Published 21 Oct, 2014 12:00am

Dollar up in Asia

The dollar gained on Monday after upbeat data restored some calm to the financial markets, prompting equities to rally back from deep losses and triggering a rise in Treasury yields. The greenback got a further lift against the yen after reports that Japa

Published 21 Oct, 2014 12:00am

Yuan remains nearly flat

China's yuan was little changed on Monday as the central committee of the ruling party began a four-day plenary session focusing on improving the country's legal system. Traders said the Chinese currency typically remains stable during such top Communist

Published 21 Oct, 2014 12:00am

FTSE slips back, weighed down by oil stocks

Britain's top equity index resumed its fall on Monday, giving back half the gains made in the previous session, as investors reckoned with reduced earnings expectations for oil companies after a slump in oil prices. The bluechip FTSE 100 index closed down

Published 21 Oct, 2014 12:00am

Australia, New Zealand shares jump

Australian and New Zealand shares rose around 1 percent on Monday, buoyed by takeover activity and improved sentiment after a solid round of US data and earnings calmed investor nerves over signs of weakening global growth. In Australia, financial stocks

Published 21 Oct, 2014 12:00am

European stocks fall

European stocks fell on Monday, trimming gains made in the previous session, as a profit warning by SAP hit technology shares. Shares in the German business software maker plunged 5.8 percent after it cut its outlook for full-year operating profit, joinin

Published 21 Oct, 2014 12:00am

Indian shares post biggest daily gain in over a week

Indian shares rose more than 1 percent on Monday to mark their biggest daily gain in more than one week after the government's energy reforms led to a rally in oil firms, while wins by Prime Minister Narendra Modi's party in two state elections raised exp

Published 21 Oct, 2014 12:00am

Hong Kong, China shares up

Hong Kong shares climbed 0.20 percent on Monday in line with a regional rally, following healthy gains on Wall Street that were fuelled by bargain-buying. The Hang Seng Index added 47.05 points to 23,070.26 on turnover of HK$53.01 billion ($6.84 billion).

Published 21 Oct, 2014 12:00am

Southeast Asian markets: Indonesia near three-week high

Indonesian share index hit a near three-week closing high on Monday amid inflows and a rise in the rupiah on expectations of economic reforms by the new president, while most other markets in Southeast Asia gained along with strength in global stocks. Jak

Published 21 Oct, 2014 12:00am

South African stocks mark time ahead of budget speech

South African stocks treaded water on Monday ahead of a budget speech later in the week, even as investors continued to hammer Johannesburg-listed bullion producers such as AngloGold Ashanti. South African Finance Minister Nhlanhla Nene will deliver his m

Published 21 Oct, 2014 12:00am

Monday's midday trade: S&P, Nasdaq climb but IBM results drag Dow lower

US stocks were mixed on Monday as the S&P 500 and Nasdaq advanced but the Dow fell as quarterly results from IBM disappointed. IBM shares slumped 7.5 percent to $168.46 as the biggest drag on both the Dow and S&P 500 after third-quarter earnings fell well

Published 21 Oct, 2014 12:00am

Tokyo shares jump

Tokyo stocks jumped 3.98 percent on Monday, notching up their biggest one-day points gain in over a year following a sharp rise on Wall Street and as a weaker yen boosted exporters. The Nikkei 225 index at the Tokyo Stock Exchange, which had closed at a f

Published 21 Oct, 2014 12:00am

Most Middle East markets fall; Saudi Arabia resilient

Most Middle Eastern stock markets fell on Monday as a rebound by global equities turned out to be short-lived, but Saudi Arabia's bourse rose after a string of strong quarterly earnings. Stock indexes in the United Arab Emirates and Qatar rose in early tr

Published 21 Oct, 2014 12:00am

France, Germany pledge action to boost investment, growth

France and Germany, the eurozone's two biggest economies, promised Monday to do what was needed to boost investment in the single currency area at a time when the region's economy is flagging badly. "We agreed to draw up a joint paper by the time of the n

Published 21 Oct, 2014 12:00am

Germany's Metro reports four percent fall in sales

Published 21 Oct, 2014 12:00am

Forex reserves to improve by December: Dar

Federal Minister for Finance Ishaq Dar on Monday expressed the hope that the country's foreign exchange reserves would improve after securing two tranches from the International Monetary Fund (IMF), sale of Sukuk and completion of OGDCL transaction. "We a

Published 21 Oct, 2014 12:00am

Interest rates on old and incremental FCY deposits

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 17	280.67
USD PKR Interbank Buying / Apr 17	280.47
USD to Japanese Yen / Apr 17	142.81
USD to Swiss Franc / Apr 17	0.82
Pound Sterling to USD / Apr 17	1.32
Euro to USD / Apr 17	1.14
UK LIBOR % / Apr 16	4.96

Stock	Volume
S&P 500 / Apr 16	5,275.70
Nasdaq / Apr 16	16,307.16
Dow Jones / Apr 16	39,669.39
India Sensex / Apr 17	77,621.26
Tokyo Nikkei / Apr 17	34,285.53
Hang Seng / Apr 17	21,352.47
FTSE 100 / Apr 17	8,207.23
Germany DAX 30 / Apr 17	21,240.89
France CAC40 / Apr 17	7,290.96

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	16,985
Gold 10 Grams PKR / Apr 16	298,353
Petrol/Litre / Apr 17	254.63
Crude Oil USD/Barrel / Apr 17	63.25
Gold Spot USD/Ounce / Apr 17	3,331.95
Diesel/Litre / Apr 17	258.64
Cotton US¢/pound / Apr 17	66.66

Gainers
Losers
Leaders

Stock	Price
Ghazi Fabrics / Apr 17 Ghazi Fabrics International Limited(GFIL)	8.36 ▲ 1 (13.59%)
UDL International / Apr 17 UDL International Limited(UDLI)	8.52 ▲ 1 (13.3%)
Chakwal Spinning / Apr 17 Chakwal Spinning Mills Limited(CWSM)	57.93 ▲ 5.27 (10.01%)
United Brands / Apr 17 United Brands Limited(UBDL)	23.18 ▲ 2.11 (10.01%)
Nimir Resins / Apr 17 Nimir Resins Limited(NRSL)	42.45 ▲ 3.86 (10%)
Trust Sec.& Brok. / Apr 17 Trust Securities & Brokerage Limited(TSBL)	13.97 ▲ 1.27 (10%)
S.S.Oil / Apr 17 S.S.Oil Mills Limited(SSOM)	244.59 ▲ 22.24 (10%)
Shezan Inter. / Apr 17 Shezan International Limited(SHEZ)	148.43 ▲ 13.49 (10%)
Sunrays Textile / Apr 17 Sunrays Textile Mills Limited(SUTM)	93.50 ▲ 8.5 (10%)
At-Tahur Ltd. / Apr 17 At-Tahur Limited(PREMA)	58.09 ▲ 5.28 (10%)

Stock	Price
Gulshan Sp. / Apr 17 Gulshan Spinning Mills Limited(GSPM)	3.13 ▼ -0.81 (-20.56%)
Oilboy Energy(R) / Apr 17 Oilboy Energy Limited(R)(OBOYR2)	1.11 ▼ -0.27 (-19.57%)
Fateh Ind. / Apr 17 Fateh Industries Limited(FIL)	119.55 ▼ -13.28 (-10%)
Blue-Ex Ltd / Apr 17 Blue-Ex Limited (GEM)(GEMBLUEX)	56.69 ▼ -6.29 (-9.99%)
TPL Life Insur. / Apr 17 TPL Life Insurance Limited(TPLL)	49.40 ▼ -5.41 (-9.87%)
Apna Microfin. / Apr 17 Apna Microfinance Bank Limited(AMBL)	10.17 ▼ -1.11 (-9.84%)
Mughal Energy / Apr 17 Mughal Energy Limited(GEM)(GEMMEL)	20 ▼ -2.02 (-9.17%)
Aisha Steel(ConPS) / Apr 17 Aisha Steel(ConPS)(ASLPS)	15.12 ▼ -1.5 (-9.03%)
Jubilee Gen. Ins. / Apr 17 Jubilee General Insurance Limited(JGICL)	49.50 ▼ -4.72 (-8.71%)
The Thal Ind.Corp. / Apr 17 The Thal Industries Corporation Limited(TICL)	331.04 ▼ -28.97 (-8.05%)

Stock	Volume
B.O.Punjab / Apr 17 The Bank of Punjab(BOP)	21,100,377 ▲ 0.15
Maple Leaf Cement / Apr 17 Maple Leaf Cement Factory Limited(MLCF)	16,215,190 ▲ 2.64
National Bank / Apr 17 National Bank of Pakistan(NBP)	14,717,343 ▲ 4.85
Cnergyico PK / Apr 17 Cnergyico PK Limited(CNERGY)	14,392,716 ▲ 0.02
Fauji Cement / Apr 17 Fauji Cement Company Limited(FCCL)	11,890,938 ▲ 1.01
United BankXD / Apr 17 United Bank Limited(UBL)	10,671,019 ▲ 15.66
Hascol Petrol / Apr 17 Hascol Petroleum Limited(HASCOL)	9,229,619 ▲ 0.2
WorldCall Telecom / Apr 17 Worldcall Telecom Limited(WTL)	8,911,980 ▲ 0
K-Electric Ltd. / Apr 17 K-Electric Limited(KEL)	8,054,404 ▲ 0.03
Pak Elektron / Apr 17 Pak Elektron Limited(PAEL)	7,581,835 ▲ 0.56

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