News Archives for Print - 2014-11-11

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Print - 2014-11-11

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Monday (November 10, 2014).

Published 11 Nov, 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 Monday (November 10, 2014).

Published 11 Nov, 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 Monday (November 10, 2014).

Published 11 Nov, 2014 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (November 10, 2014).

Published 11 Nov, 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 11 Nov, 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 11 Nov, 2014 12:00am

Indonesian rubber producers hold off sales as prices slump again

Indonesian rubber producers held on to stocks this week as prices tumbled to within striking distance of five-year lows reached in October, prompting sellers in the No 2 producer to exercise caution, dealers said on Wednesday. Benchmark Tokyo rubber futur

Published 11 Nov, 2014 12:00am

Chinese steel, iron ore futures rebound

Chinese steel and iron ore futures rebounded on Monday after losses last week, supported by firm export data from China and comments from President Xi Jinping playing down risks faced by the world's No 2 economy. China's exports grew 11.6 percent in Octob

Published 11 Nov, 2014 12:00am

Oil cake market rates

The December vaida moved slightly down on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The December contract closed at Rs 1499.50, but it pared gains, shedding 10 paisa at Rs 1499.40 in the morning session, the

Published 11 Nov, 2014 12:00am

Cotton market: tug-of-war between mills, ginners over rates begins

Business activity came down as tug-of-war between mills and ginners over the rates started on the cotton market on Monday, dealers said. The official spot rate was unchanged at Rs 5,000, they added. In the ready session, around 15,000 bales of cotton chan

Published 11 Nov, 2014 12:00am

Asian gasoil, jet fuel margins rise

Asian gasoil and jet fuel margins rose to multi-month highs on Monday due to regional demand and lower underlying crude oil prices, industry sources said. The jet fuel margin rose to a more than one-year high of $18.95 a barrel above Dubai crude, while th

Published 11 Nov, 2014 12:00am

Asian naphtha crack tumbles

The Asian naphtha crack tumbled to a 27-month low of $50.28 a tonne on Monday as muted spot demand and a persistent supply overhang weighed heavily on sentiment. Indonesia offered an 80,000-barrel naphtha cargo for December 10-11 loading from Plaju and an

Published 11 Nov, 2014 12:00am

Falling trend on grain market

Most of the commodities tended lower on the wholesale grain market on Monday in the process of trading, dealers said. On the cereals side, Makai low type was down by Rs 75 to Rs 2375 and the best quality was down by Rs 150 to Rs 2450, Khandsari, however,

Published 11 Nov, 2014 12:00am

Jordan seeks to buy hard wheat

Jordan's state grain buyer has issued an international tender to purchase 100,000 tonnes of hard milling wheat which can be sourced from optional origins, European traders said on Monday. The tender closes on Wednesday, November 12, they said. The wheat w

Published 11 Nov, 2014 12:00am

Ivory Coast weather mixed for cocoa ahead of dry season

Ample rain and sunshine last week in some of Ivory Coast's cocoa regions should support the crop through the dry season while adverse weather and disease in other areas have raised fears of shortages, farmers said on Monday. The 2014/15 main crop harvest

Published 11 Nov, 2014 12:00am

Daily trading report of PMEX

On Friday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 3.32 billion as compared to PKR 2.82 billion reported on Thursday, an increase of 18 percent. Number of lots traded also increased by 37 percent to 15,451 from 11,308. PMEX Commodity In

Published 11 Nov, 2014 12:00am

Russian wheat prices down as crop prospects look brighter

Russian wheat prices fell slightly last week as warm weather eased risks for the next year's crop, analysts said on Monday. Russian farmers were sowing winter grains for the next year's crop this autumn amid a lack of rain and in cold weather which trigge

Published 11 Nov, 2014 12:00am

France lifts maize crop estimate to record high

France's farm ministry on Monday raised its estimate of this year's maize harvest to a record due to favourable weather, bringing it closer to market expectations of a big crop. The ministry now forecasts the country will gather 16.95 million tonnes of gr

Published 11 Nov, 2014 12:00am

Activity at Karachi & Qasim ports

The Karachi Port handled 265,841 tonnes of cargo comprising 186,791 tonnes of import cargo and 79,050 tonnes of export cargo including 4,704 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 186

Published 11 Nov, 2014 12:00am

Indian soyabean futures fall on higher output

Indian soyabean futures fell on Monday on likely higher output and supplies from the new season crop, though rapeseed futures ended higher on thin arrival amid good demand. The key December soyabean contract on the National Commodity & Derivatives Exchang

Published 11 Nov, 2014 12:00am

New York cotton

The fluctuations observed during the day:

Published 11 Nov, 2014 12:00am

New York cotton

The fluctuations observed during the day:

Published 11 Nov, 2014 12:00am

Shanghai copper climbs

The most-traded January copper contract on the Shanghai Futures Exchange climbed 1.1 percent to 47,530 yuan (7,772) a tonne, while ShFE zinc rose 2 percent as signs of resilience in China's trade data also revived sentiment towards the metal. China's Octo

Published 11 Nov, 2014 12:00am

Aluminium falls as Chinese product exports strong, copper down

Aluminium prices fell on Monday after data showed heavy exports of aluminium products from China, while nickel declined after inventories rose to a record high. Three month aluminium on the London Metal Exchange ended down 1.05 percent at $2,033.50 a tonn

Published 11 Nov, 2014 12:00am

Russian central bank buys up domestic gold output

Russia's central bank has been forced to step up its gold buying this year to absorb domestic production that Western sanctions are making it hard for miners to sell abroad, and to boost liquidity in its foreign reserves, sources said. Most Russian gold m

Published 11 Nov, 2014 12:00am

Rotterdam vegetable oil prices

Monday's Rotterdam vegetable oil prices at 1700 GMT.

Published 11 Nov, 2014 12:00am

Rotterdam vegetable oil prices

Monday's Rotterdam vegetable oil prices at 1700 GMT.

Published 11 Nov, 2014 12:00am

Palm oil snaps four-day losing streak as demand picks up

Malaysian palm oil futures snapped a four-day losing streak on Monday as export demand picked up, with prices further lifted as investors covered short positions ahead of a US government report on its grains acreage. The US Department of Agriculture is sc

Published 11 Nov, 2014 12:00am

Arabica coffee rise on deficit forecast, sugar eases

ICE arabica coffee futures firmed on Monday after a forecast for a global deficit by the International Coffee Organisation (ICO), while raw sugar dipped. Cocoa steadied, above last week's 5-1/2-week lows, pressured by a strong crop in top grower Ivory Coa

Published 11 Nov, 2014 12:00am

Gold drops in Asia

Gold slipped nearly 1 percent on Monday as investors adjusted positions after a short covering rally, fuelled by a softer-than-expected US jobs report, and as stronger equities and bearish sentiment continued to weigh on the metal. Despite a 3 percent jum

Published 11 Nov, 2014 12:00am

Gold falls in Europe

Gold fell 1 percent on Monday as a short-covering rally that boosted prices from 4-1/2-year lows lost steam, with buyers wary that rising stock markets, upbeat US data and softening investment flows would spell further falls. The metal rebounded from a lo

Published 11 Nov, 2014 12:00am

US MIDDAY: corn climbs

Chicago Board of Trade corn futures rose early on Monday after the US Department of Agriculture surprised traders by lowering its estimate for the US corn yield in a monthly report. Soyabeans erased early gains after the report and wheat was narrowly mixe

Published 11 Nov, 2014 12:00am

US MIDDAY: gold plunges two percent

Gold fell over 2 percent early on Monday as the dollar rose, nearly wiping out its previous session's rally, but signs of renewed buying interest in the US futures market could underpin prices, traders said. A combination of oil futures tumble and higher

Published 11 Nov, 2014 12:00am

G20 global infrastructure hub set for Australia

A global infrastructure hub proposed by G20 nations to help strengthen economic growth will be based in Sydney and funded by Australia, a report said on Monday. The Group of 20 of the world's biggest developed and emerging economies agreed in September th

Published 11 Nov, 2014 12:00am

UK employers call for government action to boost earnings

Britain should allow workers to earn more before they start to pay "National Insurance" social security contributions and provide more childcare to boost living standards, one of country's leading employers' groups said on Monday. The proposals from the C

Published 11 Nov, 2014 12:00am

Sustained drop in oil price could slow Gulf economies: S&P

A prolonged decline in oil prices will likely slow the economies of the energy-rich Gulf states and impact their massive infrastructure projects, Standard and Poor's Ratings Services said on Monday. "The recent drop in hydrocarbon prices, if sustained, co

Published 11 Nov, 2014 12:00am

Hungary sets mortgage relief conversion rate for FX loans

Hungary's banks will convert foreign currency debt into forints using the central bank's exchange rate on November 7, the economy ministry announced late-Sunday, easing fears of a further squeeze on a hard-pressed banking sector. Analysts had warned that

Published 11 Nov, 2014 12:00am

Hungary sets mortgage relief conversion rate for FX loans

Published 11 Nov, 2014 12:00am

China's inflation unchanged at 1.6 percent in October

Chinese inflation was unchanged at a near five-year low of 1.6 percent in October, the government said Monday, with analysts warning the world's number two economy is facing deflationary risks. The consumer price index (CPI) figure released by the Nationa

Published 11 Nov, 2014 12:00am

China, South Korea secure 'effective' free trade deal

South Korea and China said Monday they had effectively secured a free trade agreement to remove tariffs on over 90 percent of goods, although some details remained under negotiation. The announcement came after South Korean President Park Geun-Hye met Chi

Published 11 Nov, 2014 12:00am

ECB door remains open to QE despite doubts over impact

The European Central Bank's drip-feed stimulus is taking it closer to large-scale government bond purchases with new money but its weapon of last resort may not be the silver bullet markets are hoping for. After a policy meeting on Thursday, ECB President

Published 11 Nov, 2014 12:00am

Aldi pledges to create 35,000 new jobs in Britain

German-owned discount retailer Aldi vowed Monday to create 35,000 new jobs in Britain by 2022, more than doubling its workforce and store network to meet booming demand. The company will invest £600 million ($953 million, 765 million euros) over the next

Published 11 Nov, 2014 12:00am

US must shutter criminal front companies: Treasury

The United States needs to do more to crack down on criminal front companies that are undermining the integrity of the nation's financial system, a senior Treasury official said Monday. "Criminals continue to make their way into our financial system," Dav

Published 11 Nov, 2014 12:00am

US must shutter criminal front companies: Treasury

Published 11 Nov, 2014 12:00am

New Algerian plant rolls out its first Renault

French motor manufacturer Renault inaugurated a multi-million-euro plant in Algeria Monday, Paris's former colony owning 51 percent of the factory with an initial production capacity of 25,000 cars annually. The factory is to produce the Symbol, a saloon

Published 11 Nov, 2014 12:00am

Russian central bank lets battered ruble float

Russia's central bank said Monday it is floating the ruble and will intervene to prop up the currency which has lost nearly a quarter of its value so far this year only if "financial stability" is threatened. The Bank of Russia announced in a statement it

Published 11 Nov, 2014 12:00am

Cameron says Britain should not stay in EU 'come what may'

Prime Minister David Cameron said on Monday that Britain should not be willing to stay in the European Union "come what may", as his main political rival said the promise of a referendum on membership of the bloc was creating uncertainty for businesses.

Published 11 Nov, 2014 12:00am

Middle East markets continue to recover, Arabtec lifts Dubai index

Most stock markets in the Middle East gained on Monday, led by Dubai, where construction firm Arabtec Holding rose sharply after a key shareholder bought a stake in a major Egyptian property developer. Dubai's index jumped 2.8 percent, its biggest daily g

Published 11 Nov, 2014 12:00am

Monday's early afternoon trade: Wall Street climbs to new highs; transports rally

US stocks edged higher in afternoon trading on Monday, lifting the Dow and S&P 500 to intraday highs after the indexes advanced for a third straight week, helped by railroad shares. The Dow Jones transportation average was up 1 percent, also hitting anoth

Published 11 Nov, 2014 12:00am

Sri Lankan shares ease

Sri Lankan stocks edged down on Monday from a near three-and-half-year high hit in the previous session on profit-taking, led by banks and telecommunication shares. Continued foreign buying, low interest rates and better earnings expectations kept investo

Published 11 Nov, 2014 12:00am

Tokyo stocks down

Tokyo stocks closed 0.59 percent lower Monday on profit-taking and a stronger yen, while auto parts maker Takata plunged nearly 17 percent on fears of a criminal probe linked to a deadly airbag defect. The Nikkei 225 index at the Tokyo Stock Exchange ease

Published 11 Nov, 2014 12:00am

South African stocks end higher

South African stocks advanced on Monday with Discovery Ltd hitting a record high after the insurer announced a $246 million deal to increase its presence in Britain. South Africa's biggest health insurer jumped 4.3 percent to 104.50 rand, its biggest dail

Published 11 Nov, 2014 12:00am

Southeast Asian markets: Noble Group shares lead Singapore gains

Singapore's key index scaled a more than 7-week closing high on Monday as quarterly results and special dividends boosted Noble Group shares, while the Malaysian benchmark snapped five sessions of losses with large caps leading the rebound. Singapore's St

Published 11 Nov, 2014 12:00am

Indian shares hit record highs but end flat

Indian shares hit record highs on Monday as Prime Minister Narendra Modi's push to expand his cabinet raised further hopes for economic reforms, but gave up most of their gains towards the end of the session as investors booked profits. The BSE index earl

Published 11 Nov, 2014 12:00am

M&A activity drives European shares higher

European stocks rose on Monday, boosted by acquisition activity in the oil services industry, where Dutch group Boskalis took a stake in Fugro, and in the telecoms and food sectors. Fugro jumped 49 percent after sector peer Boskalis bought about 15 percen

Published 11 Nov, 2014 12:00am

Australian shares fall

Australian shares lost 0.5 percent on Monday as investors took sluggish offshore equity markets and uninspiring US jobs data as a cue to take profits after a month of gains. A slump of 4 percent for Westpac Banking Corp, Australia's third largest lender,

Published 11 Nov, 2014 12:00am

FTSE hits new five-week high; mid-cap Serco slumps

Britain's top share index advanced to a five-week high on Monday as investors bought into the consumer staples and retail sectors, with supermarket group Tesco leading the gainers. The stand-out mover of the day however was mid-cap services outsourcer Ser

Published 11 Nov, 2014 12:00am

Aussie, New Zealand dollar take a breather

The Australian and New Zealand dollars got some reprieve on Monday after Chinese exports data beat forecasts, while lower-than-expected US jobs data weighed on the US dollar. The Australian dollar popped back above 86 cents to $0.8643, from a four-year tr

Published 11 Nov, 2014 12:00am

Dollar down in Asia

The dollar edged lower in Asia on Monday as US Treasury yields sagged, after Friday's US jobs data fell short of expectations and prompted some investors to take profits on extremely long dollar positions. The dollar index slipped about 0.3 percent to 87.

Published 11 Nov, 2014 12:00am

Early trade in New York: dollar falls; Swiss franc hits two-year high versus euro

The dollar fell for a second straight session on Monday in quiet trading as investors took more profits on earlier steep gains and as appetite for risk increased, with oil prices and many equities markets rising around the world. In other trading, the Swi

Published 11 Nov, 2014 12:00am

Dollar lower, franc within sight of SNB ceiling versus euro

The dollar made a poor start to the week on Monday, with investors still seeing Friday's weaker than expected US jobs numbers as an excuse to pause after three strong weeks of gains. The Swiss franc was on the verge of reaching the central bank's 1.20 fra

Published 11 Nov, 2014 12:00am

Bangladesh's interbank forex, interest rates

Inter-bank buy/sell rates for the taka against the dollar on Monday. 77.40-77.44 (previous 77.40-77.4125). Call Money Rates: 06.75-08.75 percent (* Previous 05.75-08.75 percent).

Published 11 Nov, 2014 12:00am

Sri Lankan rupee forwards edge up

The Sri Lankan rupee forwards ended slightly higher on Monday as dollar inflows into some government securities outpaced importer demand for the greenback, while moral suasion by the central bank prevented a fall in the spot currency, dealers said. Trader

Published 11 Nov, 2014 12:00am

Won leads Asia forex rebounds

South Korea's won led rebounds in emerging Asian currencies on Monday as weaker-than-expected US jobs data prompted investors to cut dollar holdings. The won rose as the yen's rebound eased concerns over weakening export competitiveness of the country. Ma

Published 11 Nov, 2014 12:00am

Indian rupee gains

The Indian rupee strengthened on Monday, tracking emerging market currencies as the dollar weakened following weaker-than-expected US jobs data, although caution ahead of consumer inflation data later this week tempered some of the gains. The rupee also f

Published 11 Nov, 2014 12:00am

Sterling subdued ahead of key UK wage data

Sterling struggled to find a firm foothold on Monday after hitting a 14-month low last week, with investors expecting little in this week's Inflation Report and wage data to suggest that interest rates will rise soon. If Wednesday's wage data shows subdue

Published 11 Nov, 2014 12:00am

Bank of China appointed yuan clearing bank in deal with Malaysia

Bank of China, China's fourth-biggest lender, is to be appointed the yuan clearing bank in Malaysia, two sources with knowledge of the matter said on Monday, following a deal signed between the two countries' central banks. China and Malaysia's central ba

Published 11 Nov, 2014 12:00am

Ruthless Wawrinka routs Berdych in Finals opener

Switzerland's Stan Wawrinka opened his ATP Tour Finals campaign in scintillating style with a 6-1, 6-1 demolition of Tomas Berdych on Monday. Wawrinka, the reigning Australian Open champion, had been in poor form heading into the prestigious event at Lond

Published 11 Nov, 2014 12:00am

Warne backs misfiring Clarke to regain form

Shane Warne Monday said he was concerned about Australia's batting but backed struggling skipper Michael Clarke to score heavily this summer season. The spin great said the congested home season looms as an opportunity for Australia to win some big trophi

Published 11 Nov, 2014 12:00am

Dhoni out of first Australia Test

India on Monday named a jumbo 19-man squad for the four match Test series in Australia starting next month even as captain Mahendra Singh Dhoni was ruled out of the opening match due to injury. Batsman Virat Kohli will lead the tourists in the first Test

Published 11 Nov, 2014 12:00am

Pakistan set to host South Asian women's tournament

Pakistan hosts the third South Asian women's football championship this week, with organisers promising tight security after a recent spate of terror attacks. The third edition of South Asian Football Federation (SAFF), featuring eight teams including Pak

Published 11 Nov, 2014 12:00am

World Cup prize money increased by 20 percent

The International Cricket Council on Monday announced a 20 percent increase in prize money for next year's World Cup in Australia and New Zealand. The winners will take home $3.975 million (3.18 million euros), but if a team remains unbeaten that would ri

Published 11 Nov, 2014 12:00am

Commentator Benaud fighting skin cancer

Legendary cricket commentator Richie Benaud revealed Monday he is battling skin cancer and is undergoing radiation therapy. The 84-year-old former Australian cricket captain made his illness public at the Nine Network's launch for its Australian summer cr

Published 11 Nov, 2014 12:00am

ICC approves revised anti-corruption code

The International Cricket Council approved its revised anti-corruption code on Monday but left it up to home boards to allow banned players to return early to domestic competition. For a player to return to domestic competition before the expiry of his ba

Published 11 Nov, 2014 12:00am

Ahmed Shehzad fractures skull as Pakistan take charge

Ahmed Shehzad hit a career-best 176 before being rushed to hospital with a fractured skull as Pakistan's batsmen smashed New Zealand around the ground in the first Test on Monday. Younis Khan and Misbah-ul Haq also hit dominant tons to put Pakistan in con

Published 11 Nov, 2014 12:00am

Romanian minister quits after foreign voting debacle

Romania's Foreign Minister Titus Corlatean submitted his resignation Monday following fierce criticism over the handling of a presidential vote that saw thousands of Romanians abroad unable to cast a ballot. Corlatean said in a statement he had informed t

Published 11 Nov, 2014 12:00am

Nigeria military helicopter goes down

The Nigeria military said one of its helicopters made an emergency landing in the restive north-east on Monday, while witnesses and a security source reported that the chopper crashed with several foreigners on board. Defence spokesman Chris Olukolade sai

Published 11 Nov, 2014 12:00am

Pastor among nine killed in Bahamas plane crash

A small plane carrying nine people crashed while trying to land in the Bahamas on Sunday, killing all nine occupants, including a prominent Protestant minister and his wife, officials there said. A statement released Monday by the office of Prime Minister

Published 11 Nov, 2014 12:00am

Italy quake experts win appeal in 'science on trial' case

Seven Italian scientists who faced jail for failing to predict a deadly 2009 earthquake were cleared Monday of manslaughter convictions that had sparked international outrage The seven men were sentenced to six years in jail in October 2012 after a court

Published 11 Nov, 2014 12:00am

Catalan independence vote turnout at 2.3 million: officials

More than 2.3 million people voted in Catalonia's symbolic independence vote with 80 percent of them backing secession from Spain, the regional government said on Monday. With all the ballots counted in Catalonia, the total number in Sunday's poll reached

Published 11 Nov, 2014 12:00am

Kosovo clash mars Albanian Prime Minister's landmark visit to Serbia

An historic fence-building visit to Belgrade by Albanian Prime Minister Edi Rama took a disastrous turn Monday when the leaders of the two countries clashed publicly over Kosovo. All was going well as Rama and Serbian Prime Minister Aleksandar Vucic spoke

Published 11 Nov, 2014 12:00am

Russia launches foreign news service to fight Western 'propaganda'

Russia launched a new state-funded foreign news service Monday to challenge the "aggressive propaganda" of the West and provide an "alternative interpretation" of global events. The new media brand, Sputnik, is the reworked foreign language service of the

Published 11 Nov, 2014 12:00am

Assad says ready to study UN plan to 'freeze' Aleppo fighting

Syrian President Bashar al-Assad said Monday he was ready to study a UN plan to "freeze" fighting in the northern city of Aleppo, a statement from his office said. "President Assad has been informed by (UN envoy Staffan) de Mistura of the main points of h

Published 11 Nov, 2014 12:00am

GM orders new ignition switches prior to recall

General Motors ordered a half-million replacement ignition switches nearly two months before alerting regulators to a defect linked to at least 32 deaths, The Wall Street Journal reported. The largest US automaker placed an "urgent" order for the new igni

Published 11 Nov, 2014 12:00am

Pentagon can't confirm fate of IS leader

The US military can not confirm reports that the Islamic State group leader may have been struck in an airstrike, but a Pentagon official suggested Monday that lower-level figures may have been hit. Speculation has swirled over the fate of jihadist leader

Published 11 Nov, 2014 12:00am

Israeli dies in World Bank stabbing, Palestinian attacker killed

An Israeli woman was killed and two others wounded Monday when a Palestinian stabbed them outside a West Bank settlement before being shot dead by a security guard, police said. Medics said a woman of around 25 died in the attack on a road outside Alon Sh

Published 11 Nov, 2014 12:00am

Hackers target CEOs in 'Darkhotel' scheme

Hackers have developed a scheme to steal sensitive information from top executives by penetrating the Wi-Fi networks of luxury hotels, security researchers said Monday. A report by Kaspersky Lab said the "Darkhotel" espionage effort "has lurked in the sha

Published 11 Nov, 2014 12:00am

Google to boost Ebola donations

Google launched a campaign Monday to raise money to fight Ebola, tossing $10 million into the pot and saying it will match donations to the fund two to one. In addition, Google chief executive and co-founder Larry Page said his family's foundation is cont

Published 11 Nov, 2014 12:00am

Canada former deputy Prime Minister says she was raped

A former Canadian deputy prime minister waded into a nation-wide uproar over sexual violence on Monday by revealing that she was twice assaulted when she was a budding politician years ago. The shocking disclosure followed the suspension of two MPs by the

Published 11 Nov, 2014 12:00am

SCB launches NRP proposition in UAE

Standard Chartered Bank has announced the launch of its distinct NRP proposition to cater for the financial needs of Non Resident Pakistanis (NRPs) based in UAE. The new proposition involves experienced and dedicated relationship managers in UAE who will

Published 11 Nov, 2014 12:00am

Sindh, Balochistan districts: SSGC installing 22 LPG air mix plants

Sui Southern Gas Company Limited (SSGCL) is installing 22 Liquefied Petroleum Gas (LPG) air mix plants in 14 less-developed districts of Balochistan and two in districts of Sindh with an estimated cost of Rs 15.58 billion. This was stated by SSGC Managing

Published 11 Nov, 2014 12:00am

Two cops killed as van plunges into gorge in Hub

Two policemen were killed and four others injured when the van they were travelling fell into a gorge here on Sunday night. Edhi sources said that the accident took place near Hub-Gaddani Mor where a police mobile van skidded off the road and plunged into

Published 11 Nov, 2014 12:00am

Argentina embassy hosts paintings exhibition

Argentina Embassy on Monday hosted a solo exhibition of recent works of Artist Maria Martha Pichel, here at Embassy. The exhibition was inaugurated by Ambassador of Argentina Rodolfo J Martin Saravia by cutting ribbon. A number of diplomats, politicians a

Published 11 Nov, 2014 12:00am

Ittefaq Foundries: Supreme Court reserves its judgement

The Supreme Court on Monday reserved its judgement against a Lahore High Court (LHC) verdict that had released guarantor of defaulter (Ittefaq Foundries) in a Rs 1.06 billion loan case. A three-member bench led by Justice Anwar Zaheer Jamali took up an ap

Published 11 Nov, 2014 12:00am

Oppo launches smart phones

OPPO, the leading manufacturer of electronic products, recently launched its global strategy together with two cutting-edge smart phones at the Marina Bay Sands Convention Center in Singapore. The event brought together 1,300 people, representing dealers,

Published 11 Nov, 2014 12:00am

SECP warns company for violation of provisions of Insurance Ordinance

Securities and Exchange Commission of Pakistan (SECP) has warned an insurance company to strictly adhere to the provisions of the Insurance Ordinance, 2000 regarding minimum solvency requirements of the non-life insurers. It was learnt on Monday that the

Published 11 Nov, 2014 12:00am

Crescent Textile Mills Limited

Crescent Textile Mills (CRTM) is a Faisalabad-based textile unit which was registered at stock exchange in 1951. CRTM is involved in textile spinning, weaving, dyeing, printing, made-ups and also trades in yarn and fabric. CRTM is the one of the first com

Published 11 Nov, 2014 12:00am

Crescent Textile Mills Limited

Published 11 Nov, 2014 12:00am

Pakistan is not a dangerous place: Bilawal

Pakistan People's Party (PPP) chairman Bilawal Bhutto Zardari has said that Pakistan is not a dangerous place rather it's the bravest country that has given birth to people like Salman Taseer and Shahbaz Bhatti. Speaking at the book opening ceremony at th

Published 11 Nov, 2014 12:00am

Police kill wanted criminal in encounter

Qalandar aka Khaskheli, a notorious criminal and wanted to police in different criminal cases, was gunned down by the police in an encounter here on Monday. According to police sources, Khaskheli was killed in an encounter with the police in the jurisdict

Published 11 Nov, 2014 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	277.97
USD PKR Interbank Buying / Dec 4	277.77
USD to Japanese Yen / Dec 4	150.37
USD to Swiss Franc / Dec 4	0.89
Pound Sterling to USD / Dec 4	1.27
Euro to USD / Dec 4	1.05

Stock	Volume
S&P 500 / Dec 3	6,049.87
Nasdaq / Dec 3	19,480.91
Dow Jones / Dec 3	44,705.53
India Sensex / Dec 4	80,956.33
Tokyo Nikkei / Dec 4	39,276.39
Hang Seng / Dec 4	19,742.46
FTSE 100 / Dec 4	8,328.12
Germany DAX 30 / Dec 4	20,195.75

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 3	17,685
Petrol/Litre / Dec 4	252.10
Crude Oil USD/Barrel / Dec 4	70.17
Gold 10 Grams PKR / Dec 4	235,940
Gold Spot USD/Ounce / Dec 4	2,644.45
Diesel/Litre / Dec 4	258.43

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	7.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▼ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	68.40 ▼ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	150.94 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▼ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	7.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	627.86 ▲ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	68.40 ▲ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	150.94 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	1,123.10 ▲ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	13.47 ▲ 0.00 (0.00%)

Stock	Volume
Cnergyico PK / Dec 4 Cnergyico PK Limited(CNERGY)	246,707,903 ▲ 0.00
WorldCall Telecom / Dec 4 Worldcall Telecom Limited(WTL)	89,419,070 ▲ 0.00
Hascol Petrol / Dec 4 Hascol Petroleum Limited(HASCOL)	87,024,698 ▲ 0.00
Pak Elektron / Dec 4 Pak Elektron Limited(PAEL)	67,806,935 ▲ 0.00
Sui South Gas / Dec 4 Sui Southern Gas Company Limited(SSGC)	61,811,720 ▲ 0.00
Power Cement / Dec 4 Power Cement Limited(POWER)	58,501,362 ▲ 0.00
K-Electric Ltd. / Dec 4 K-Electric Limited(KEL)	56,938,645 ▲ 0.00
Pak Int.Bulk / Dec 4 Pakistan International Bulk Terminal(PIBTL)	56,115,997 ▲ 0.00
Pak Refinery / Dec 4 Pakistan Refinery Limited(PRL)	55,870,990 ▲ 0.00

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