News Archives for Print - 2015-01-02

Poultry Rates

Wholesale poultry rates on Thursday (January 01, 2015) and for Friday (January 02, 2015).

Published 02 Jan, 2015 12:00am

Nawaz invites Zardari, others over military courts

Prime Minister Nawaz Sharif has decided to invite heads of all the Parliamentary parties today (Friday) to review the progress pertaining to the implementation of the National Action Plan (NAP) so far made. Prime Minister will consult all the heads of the

Published 02 Jan, 2015 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (January 01, 2015)

Published 02 Jan, 2015 12:00am

Consensus achieved must not be lost to petty issues: CoAS

Chief of Army Staff (CoAS) General Raheel Sharif said on Thursday that entire nation was looking towards political and military leadership to take bold and meaningful decisions against terrorists and their sympathisers. Talking to the 78th Corps Commander

Published 02 Jan, 2015 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Thursday (January 01, 2015).

Published 02 Jan, 2015 12:00am

Consensus achieved must not be lost to petty issues: CoAS

Chief of Army Staff (CoAS) General Raheel Sharif said on Thursday that entire nation was looking towards political and military leadership to take bold and meaningful decisions against terrorists and their sympathisers. Talking to the 78th Corps Commander

Published 02 Jan, 2015 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 01, 2015).

Published 02 Jan, 2015 12:00am

Turkmenistan devalues currency against dollar

The energy-rich former Soviet republic of Turkmenistan Thursday devalued its currency against the US dollar by 18 percent, in the latest sign of contagion among Russia''s neighbours from the plunging ruble. The highly secretive Central Asian country has v

Published 02 Jan, 2015 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 01, 2015).

Published 02 Jan, 2015 12:00am

Turkmenistan devalues currency against dollar

The energy-rich former Soviet republic of Turkmenistan Thursday devalued its currency against the US dollar by 18 percent, in the latest sign of contagion among Russia's neighbours from the plunging ruble. The highly secretive Central Asian country has va

Published 02 Jan, 2015 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Thursday (January 01, 2015).

Published 02 Jan, 2015 12:00am

Turkmenistan devalues currency against dollar

The energy-rich former Soviet republic of Turkmenistan Thursday devalued its currency against the US dollar by 18 percent, in the latest sign of contagion among Russia's neighbours from the plunging ruble. The highly secretive Central Asian country has va

Published 02 Jan, 2015 12:00am

THE RUPEE: slight fall

The rupee failed to sustain its overnight gains in relation to the dollar on the money market on Thursday in the process of trading, dealers said. The rupee shed 10-paisa versus the dollar for buying and selling at Rs 100.50 and Rs 100.70 respectively, ho

Published 02 Jan, 2015 12:00am

Policy framework drafted for foreign assistance

The Economic Affairs Division (EAD) has drafted a foreign assistance policy framework ensuring that grants and concessional loans are used only for those projects that exclusively contribute to investment and particularly designed to accelerate economic g

Published 02 Jan, 2015 12:00am

THE RUPEE: slight fall

The rupee failed to sustain its overnight gains in relation to the dollar on the money market on Thursday in the process of trading, dealers said. The rupee shed 10-paisa versus the dollar for buying and selling at Rs 100.50 and Rs 100.70 respectively, ho

Published 02 Jan, 2015 12:00am

Policy framework drafted for foreign assistance

The Economic Affairs Division (EAD) has drafted a foreign assistance policy framework ensuring that grants and concessional loans are used only for those projects that exclusively contribute to investment and particularly designed to accelerate economic g

Published 02 Jan, 2015 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (January 01, 2015).

Published 02 Jan, 2015 12:00am

Policy framework drafted for foreign assistance

The Economic Affairs Division (EAD) has drafted a foreign assistance policy framework ensuring that grants and concessional loans are used only for those projects that exclusively contribute to investment and particularly designed to accelerate economic g

Published 02 Jan, 2015 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (January 01, 2015).

Published 02 Jan, 2015 12:00am

POL products: opposition senators walk out against GST imposition

The joint opposition staged a walkout from Senate on Thursday in protest against the imposition of five percent (general sales tax) GST on petroleum products, terming it a step contrary to constitutional provisions. They urged the government to rescind it

Published 02 Jan, 2015 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Thursday (January 01, 2015).

Published 02 Jan, 2015 12:00am

POL products: opposition senators walk out against GST imposition

The joint opposition staged a walkout from Senate on Thursday in protest against the imposition of five percent (general sales tax) GST on petroleum products, terming it a step contrary to constitutional provisions. They urged the government to rescind it

Published 02 Jan, 2015 12:00am

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Thursday (January 01, 2015).

Published 02 Jan, 2015 12:00am

POL products: opposition senators walk out against GST imposition

The joint opposition staged a walkout from Senate on Thursday in protest against the imposition of five percent (general sales tax) GST on petroleum products, terming it a step contrary to constitutional provisions. They urged the government to rescind it

Published 02 Jan, 2015 12:00am

Member to Member

The following transactions member to member subsequently reported on Thursday (January 01, 2015).

Published 02 Jan, 2015 12:00am

POL products: opposition senators walk out against GST imposition

The joint opposition staged a walkout from Senate on Thursday in protest against the imposition of five percent (general sales tax) GST on petroleum products, terming it a step contrary to constitutional provisions. They urged the government to rescind it

Published 02 Jan, 2015 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (January 01, 2015)

Published 02 Jan, 2015 12:00am

20 percent increase in gas price likely

Gas prices may increase by 20 percent if the government supports Oil and Gas Regularity Authority''s (Ogra) recommendations, a senior official of Petroleum Ministry revealed to Business Recorder. The government''s refusal to implement Ogra recommen

Published 02 Jan, 2015 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (January 01, 2015)

Published 02 Jan, 2015 12:00am

20 percent increase in gas price likely

Gas prices may increase by 20 percent if the government supports Oil and Gas Regularity Authority's (Ogra) recommendations, a senior official of Petroleum Ministry revealed to Business Recorder. The government's refusal to implement Ogra recommenda

Published 02 Jan, 2015 12:00am

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Thursday (January 01, 2015)

Published 02 Jan, 2015 12:00am

20 percent increase in gas price likely

Gas prices may increase by 20 percent if the government supports Oil and Gas Regularity Authority's (Ogra) recommendations, a senior official of Petroleum Ministry revealed to Business Recorder. The government's refusal to implement Ogra recommenda

Published 02 Jan, 2015 12:00am

BRIndex30 and BR Sectoral Indices

BRIndex30 and BR Sectoral Indices on Thursday (January 01, 2015).

Published 02 Jan, 2015 12:00am

Annual Nepra report: power sector marred by major irritants

National Electric Power Regulatory Authority (Nepra) in its annual report 2013- 14 has said that power sector is marred by circular debt, expensive energy mix, inefficient power plants, high transmission and distribution losses and bad management. Habib U

Published 02 Jan, 2015 12:00am

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Jan, 2015 12:00am

Annual Nepra report: power sector marred by major irritants

National Electric Power Regulatory Authority (Nepra) in its annual report 2013- 14 has said that power sector is marred by circular debt, expensive energy mix, inefficient power plants, high transmission and distribution losses and bad management. Habib U

Published 02 Jan, 2015 12:00am

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Jan, 2015 12:00am

Annual Nepra report: power sector marred by major irritants

National Electric Power Regulatory Authority (Nepra) in its annual report 2013- 14 has said that power sector is marred by circular debt, expensive energy mix, inefficient power plants, high transmission and distribution losses and bad management. Habib U

Published 02 Jan, 2015 12:00am

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 02 Jan, 2015 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 02 Jan, 2015 12:00am

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 02 Jan, 2015 12:00am

Clearing Schedule for T+2 System

Karachi Stock Exchange's Clearing Schedule for T+2 System.

Published 02 Jan, 2015 12:00am

Dates of Closure of Books & Annual General Meetings

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

Published 02 Jan, 2015 12:00am

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 02 Jan, 2015 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (January 01, 2015).

Published 02 Jan, 2015 12:00am

Aaj TV - Friday's schedule

All timings are in PST (Pakistan Standard Time).

Published 02 Jan, 2015 12:00am

Canadian canola futures rise

ICE Canadian canola futures rose on Tuesday for the second straight day, taking spillover support from early soybean gains and modest farmer selling that tightened the cash market. Canola held its gains to the close, despite soybeans turning lower. Most-a

Published 02 Jan, 2015 12:00am

Asian naphtha crack down

The Asian naphtha crack plummeted 27.4 percent to hit a near three-week low of $28.55 a tonne due to a lack of buying interest on Tuesday and massive supplies. Hefty supplies looked set to stay from now through February unless prices of liquefied petroleu

Published 02 Jan, 2015 12:00am

US Midwest corn, soya bids mostly steady

Spot corn and soyabean basis bids held mostly steady in the US Midwest on Wednesday, while farmer crops sales were slow, dealers said. Farmers sold light amounts of corn and soyabeans earlier in the week on Monday, but trading activity was quiet in the ma

Published 02 Jan, 2015 12:00am

US FOB Gulf corn export premiums ease

US corn export premiums softened on Wednesday at Gulf Coast terminals amid lackluster demand, while soyabean export premiums stayed steady. Activity in the markets was mostly quiet ahead of the New Year's Day holiday on Thursday, traders said.

Published 02 Jan, 2015 12:00am

CBOT wheat futures fall

Wheat futures on the Chicago Board of Trade fell on Wednesday on end-year technical selling and strong global competition for export business, traders said. CBOT wheat finished 2014 down roughly 2.5 percent, falling for a second straight year on rising wo

Published 02 Jan, 2015 12:00am

Cocoa butter prices, bean differentials fall to multiyear lows

Key physical cocoa market prices have tumbled in recent months to their lowest level in years, possibly signalling a further decline in benchmark futures following a three-year rally, industry sources said. The price of cocoa butter, which gives confectio

Published 02 Jan, 2015 12:00am

US natural gas futures fall three percent down on weak gas draw estimates

US natural gas futures fell 3 percent on Tuesday after the biggest rally in over a month in the previous session, as traders bet on lackluster gas demand for heating. A Reuters poll found that US utilities likely drew 38 billion cubic feet (bcf) of gas on

Published 02 Jan, 2015 12:00am

Activity at Karachi & Qasim ports

The Karachi Port handled 62,287 tonnes of cargo comprising 28,077 tonnes of import cargo and 34,210 tonnes of export cargo including 3,060 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 28,

Published 02 Jan, 2015 12:00am

Oil cake market rates

Both the futures were lower on the forward cottonseed oilcake market on Thursday in the process of trading, dealers said. The January contract closed at Rs 1565.30 on Wednesday and it opened with a decline of 30 paisa at Rs 1565.00 in the morning session,

Published 02 Jan, 2015 12:00am

Volume of business slips ahead of PCGA report

Most of the leading buyers kept on the sidelines on the cotton market on Thursday ahead of Pakistan Cotton Ginners Association (PCGA) report and after fresh decline in the NY futures, dealers added. The official spot rate was unchanged at Rs 4,950, they s

Published 02 Jan, 2015 12:00am

Cotton prices remain firm

Even though the purchases were reported to have been slow and the bullish fervour has somewhat abated, cotton prices were well held on Thursday in the ready market. Both the prices of seedcotton (Kapas/Phutti) and lint were reported to have made handsome

Published 02 Jan, 2015 12:00am

Cotton prices remain firm

Even though the purchases were reported to have been slow and the bullish fervour has somewhat abated, cotton prices were well held on Thursday in the ready market. Both the prices of seedcotton (Kapas/Phutti) and lint were reported to have made handsome

Published 02 Jan, 2015 12:00am

India's October-December coffee exports fall

India's coffee exports in October-December fell 3.6 percent from a year earlier to 56,876 tonnes due to thin supplies, the state-run Coffee Board said on Thursday. India, the world's sixth biggest coffee producer, exports three-quarters of its output. Ita

Published 02 Jan, 2015 12:00am

Prices move both ways on grain market

Modest business was witnessed on the local grain market on Thursday in the process of trading, dealers said. On the cereals side, Moong Punjab shed Rs 125 to Rs 12750, Urad Burma, however, gained Rs 500 to Rs 10750, they added. On the grams side, yellow p

Published 02 Jan, 2015 12:00am

South Korea's December inflation eases

South Korea reported its lowest inflation in more than 15 years, which could reinforce expectations for an interest rate cut early in 2015 - though the central bank governor seems to ffeel there's no hurry for one December's consumer price index rose 0.8

Published 02 Jan, 2015 12:00am

France wants firm signs of Ukraine peace before Russia warship delivery

France would only deliver two warships ordered by Russia if there were concrete signs of lasting peace in Ukraine, the French defence minister said Thursday. Russia has been accused by the West of arming and bankrolling a rebellion in eastern Ukraine, a c

Published 02 Jan, 2015 12:00am

South Korea's exports hit record high in 2014

South Korea enjoyed record exports last year, data showed Thursday, despite slow economic growth in key market China and a sluggish recovery in Europe. For the whole of 2014, overseas shipments grew 2.4 percent to $573.1 billion and imports rose 2.0 perce

Published 02 Jan, 2015 12:00am

Rousseff begins second term, aiming to get economic growth back on track

Brazil's President Dilma Rousseff begins her second term Thursday, aiming to get economic growth back on track, and to rebuild government credibility after a major kickbacks scandal. Thousands of supporters - and pockets of detractors - were due to gather

Published 02 Jan, 2015 12:00am

Iran says Saudi Arabia should move to curb oil price fall

Falling world oil prices will hurt countries across the Middle East unless Saudi Arabia, the world's biggest crude exporter, takes action to reverse the slump, Iran's deputy foreign minister told Reuters. Hossein Amir Abdollahian described Saudi Arabia's

Published 02 Jan, 2015 12:00am

China to maintain prudent monetary policy

China's central bank said on Wednesday it will keep implementing prudent monetary policy next year and use various monetary tools to maintain adequate liquidity and reasonable growth in credit and social financing. "(The central bank) will continue to imp

Published 02 Jan, 2015 12:00am

Oman sees $6.47 billion budget deficit amid oil slump

Non-Opec member Oman on Thursday announced a budget deficit for 2015 of $6.47 billion (5.35 billion euros), reflecting the effect on Gulf producers of plummeting crude oil prices. The budget includes expenditure of $36.5 billion, up 4.5 percent from 2014,

Published 02 Jan, 2015 12:00am

China's box office sales rise 36 percent in 2014

China's box office sales surged 36 percent in 2014, state-run media reported Thursday, as the world's second-largest film market after the United States added thousands of screens. Cinemas took in 29.6 billion yuan ($4.77 billion) in ticket sales last yea

Published 02 Jan, 2015 12:00am

China's manufacturing growth at lowest in 2014

China's manufacturing growth dropped in December to its lowest level of 2014, an official survey showed Thursday, as the sector struggles with weak domestic demand. China's official Purchasing Managers' Index (PMI) released by the National Bureau of Stati

Published 02 Jan, 2015 12:00am

Japanese premier pledges reforms to boost economy

Japanese Prime Minister Shinzo Abe Thursday pledged to carry out crucial structural reforms this year as part his drive to kick-start the economy, while stressing the country remained pacifist as he pursues his nationalist agenda. "This year we will once

Published 02 Jan, 2015 12:00am

Lithuania smoothly transitions to euro

Lithuania welcomed a New Year and a new currency on Thursday, becoming the last Baltic nation to adopt the euro in a bid to boost stability despite fears of inflation and eurozone debt woes. Prime Minister Algirdas Butkevicius withdrew his first 10-euro b

Published 02 Jan, 2015 12:00am

Ethiopia dam project could start power generation by June

A much-delayed $1.8 billion dam project under construction along Ethiopia's Omo river could begin generating power by June and be fully operational by early 2016, an official said on Thursday. Gilgel Gibe 3 will nearly double the country's energy output,

Published 02 Jan, 2015 12:00am

India raises factory gate duties on petrol, diesel

India on Thursday raised factory gate duties on petrol and diesel by 2 rupees ($0.03) a litre to fund infrastructure projects in the current and next fiscal years. The increase, the third since Prime Minister Narendra Modi lifted diesel price controls in

Published 02 Jan, 2015 12:00am

India raises factory gate duties on petrol, diesel

India on Thursday raised factory gate duties on petrol and diesel by 2 rupees ($0.03) a litre to fund infrastructure projects in the current and next fiscal years. The increase, the third since Prime Minister Narendra Modi lifted diesel price controls in

Published 02 Jan, 2015 12:00am

India cautions investors against multi-level marketing firms

India's central bank on Thursday cautioned investors against multi-level marketing firms that promise high returns and run on hefty member susbscription fees, warning such offers could result in direct financial losses. Multilevel marketing structures wor

Published 02 Jan, 2015 12:00am

US bonds set for more modest year after banner 2014

The US bond market could enjoy a solid 2015, but don't expect a repeat of the spectacular run that some fixed-income sectors enjoyed this year, investors said on Wednesday. US government debt that matures in 20 years and beyond is on track for a 27 percen

Published 02 Jan, 2015 12:00am

US bonds set for more modest year after banner 2014

The US bond market could enjoy a solid 2015, but don't expect a repeat of the spectacular run that some fixed-income sectors enjoyed this year, investors said on Wednesday. US government debt that matures in 20 years and beyond is on track for a 27 percen

Published 02 Jan, 2015 12:00am

Funds positive on UAE, Egypt stocks in era of cheap oil: survey

The United Arab Emirates and Egypt appear the most attractive among major Middle Eastern stock markets in an era of low oil prices, the latest Reuters survey of regional asset managers suggests. The plunge of oil and equity prices over the last several mo

Published 02 Jan, 2015 12:00am

Against the odds, German Bund yields post biggest annual fall since 2008

German Bund yields hit a new record low on Tuesday, ending 2014 with their biggest annual fall in six years, as expectations of further monetary easing by the European Central Bank bolstered an unexpected rally. A Reuters poll a year ago forecast 10-year

Published 02 Jan, 2015 12:00am

Against the odds, German Bund yields post biggest annual fall since 2008

German Bund yields hit a new record low on Tuesday, ending 2014 with their biggest annual fall in six years, as expectations of further monetary easing by the European Central Bank bolstered an unexpected rally. A Reuters poll a year ago forecast 10-year

Published 02 Jan, 2015 12:00am

Treasuries post best year since 2011

US Treasuries ended the year stronger on Wednesday as they closed out a year that was the best since 2011, confounding investors who had bet that bonds prices would fall as an expected interest rate hike by the Federal Reserve gets closer. Many investors

Published 02 Jan, 2015 12:00am

Treasuries post best year since 2011

US Treasuries ended the year stronger on Wednesday as they closed out a year that was the best since 2011, confounding investors who had bet that bonds prices would fall as an expected interest rate hike by the Federal Reserve gets closer. Many investors

Published 02 Jan, 2015 12:00am

Wall Street lower but finishes year with solid gains

US stocks fell on Wednesday as crude oil prices continued their descent, but the S&P closed out a third straight year of double-digit gains. For the year, the Dow ended up 7.5 percent, notching its sixth straight annual gain, and the Nasdaq rose 13.4 perc

Published 02 Jan, 2015 12:00am

Japan government to sell stake in Japan Post

The Japanese government plans to sell part of its stake in Japan Post Holdings and its banking and insurance units in a public offering in September, two sources with knowledge of the plan said. Japan Post president Taizo Nishimuro will hold a press brief

Published 02 Jan, 2015 12:00am

Japan government to sell stake in Japan Post

The Japanese government plans to sell part of its stake in Japan Post Holdings and its banking and insurance units in a public offering in September, two sources with knowledge of the plan said. Japan Post president Taizo Nishimuro will hold a press brief

Published 02 Jan, 2015 12:00am

China funds reduce equity allocations as markets rally

Chinese fund managers trimmed suggested equity weightings in their portfolios for the next three months as they grew cautious about mainland stock markets after a surge of around 20 percent over the past month, a Reuters poll shows. Fund managers lowered

Published 02 Jan, 2015 12:00am

China funds reduce equity allocations as markets rally

Chinese fund managers trimmed suggested equity weightings in their portfolios for the next three months as they grew cautious about mainland stock markets after a surge of around 20 percent over the past month, a Reuters poll shows. Fund managers lowered

Published 02 Jan, 2015 12:00am

Most markets closed

The stocks, financial and commodity markets closed on Thursday mostly around the world due to New Year Day holiday. The following markets are closed on Thursday ie New York, London, European markets, Australia, New Zealand, China, Hong Kong, the Philippin

Published 02 Jan, 2015 12:00am

Taiwan to widen daily trading range for shares

Taiwan's stock exchange regulator is considering widening the daily range in which shares can trade, but any move may still be half a year away. An official with the island's Financial Supervisory Commission who is involved in the study said that the dail

Published 02 Jan, 2015 12:00am

TSX ends 2014 with 7.4 percent gain despite oil's fall

Canada's main stock index closed little changed after a choppy session on Wednesday, but it ended 2014 in positive territory despite a precipitous slide in oil prices that hit the resource-heavy index hard in the second half of the year. The index rose 7.

Published 02 Jan, 2015 12:00am

Burger chain Shake Shack files for IPO

Burger chain Shake Shack Inc, which grew out of a hot dog stand in New York's Madison Square Park, has filed for an initial public offering at a time when stock offerings by casual restaurants have proven to be a big hit with investors. Shake Shack, known

Published 02 Jan, 2015 12:00am

Burger chain Shake Shack files for IPO

Burger chain Shake Shack Inc, which grew out of a hot dog stand in New York's Madison Square Park, has filed for an initial public offering at a time when stock offerings by casual restaurants have proven to be a big hit with investors. Shake Shack, known

Published 02 Jan, 2015 12:00am

Indian shares little changed; telecom stocks surge

Indian shares ended little changed on the first trading day of 2015 as gains in telecom stocks such as Bharti Airtel on news of spectrum pricing were offset by profit-taking in some bluechips. Trading volume was low as most investors were away for New Yea

Published 02 Jan, 2015 12:00am

'Smart' ETFs collect assets, but not winning records

So-called "smart beta" funds, the fastest-growing segment of the exchange-traded fund market, are sold as index funds but are actively - sometimes frenetically - traded portfolios that can whipsaw investors and often fail to deliver the outsized returns t

Published 02 Jan, 2015 12:00am

'Smart' ETFs collect assets, but not winning records

So-called "smart beta" funds, the fastest-growing segment of the exchange-traded fund market, are sold as index funds but are actively - sometimes frenetically - traded portfolios that can whipsaw investors and often fail to deliver the outsized returns t

Published 02 Jan, 2015 12:00am

India added net $3.12 billion in up to one-year forex forwards

The Reserve Bank of India added a net $3.12 billion of up to one-year forwards in November, higher than the $1.79 billion added in the previous month, according to Reuters calculations based on data from the central bank's website. The RBI's net forward o

Published 02 Jan, 2015 12:00am

Sri Lankan rupee forwards end weaker

Sri Lankan rupee forwards ended weaker on Thursday due to mild importer dollar demand and exporters stayed away hoping for further weakening of currency but the central bank capped the fall. Four-day forwards, which were actively traded, ended at 132.20/3

Published 02 Jan, 2015 12:00am

2015 the year the market needs dollars?

Traders may be scrambling for dollars out of necessity in 2015 whereas this year, it could be argued, the market simply viewed buying the currency as a profitable transaction. In both cases the dollar rises, but there is a big difference in trader behavio

Published 02 Jan, 2015 12:00am

Loonie firms on the day but sees worst year since 2008

The Canadian dollar firmed modestly against the greenback on Wednesday, finding some respite on the last day of a tough 2014 in which it racked up its worst performance in six years. The Canadian dollar started the year as many investors' top short positi

Published 02 Jan, 2015 12:00am

Dollar rises in thin trade, notches strongest year since 1997

The US dollar ended 2014 with a gain of nearly 13 percent against a basket of major currencies on Wednesday, its strongest year since 1997 and, according to most major banks, just a prelude to a further rise next year. Traders favoured the dollar as this

Published 02 Jan, 2015 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 13	277.93
USD PKR Interbank Buying / Nov 13	277.83
USD to Japanese Yen / Nov 14	155.86
USD to Swiss Franc / Nov 14	0.89
Pound Sterling to USD / Nov 14	1.27
Euro to USD / Nov 14	1.06

Stock	Volume
S&P 500 / Nov 13	5,985.38
Nasdaq / Nov 13	19,230.72
FTSE 100 / Nov 13	8,030.33
Dow Jones / Nov 13	43,958.19
Germany DAX 30 / Nov 13	19,003.11
France CAC40 / Nov 13	7,216.83
India Sensex / Nov 14	77,517.41
Tokyo Nikkei / Nov 14	38,680.99

Item	Value
Gold 10 Grams PKR / Nov 12	231,911
Karachi Cotton PKR/37.32 KG / Nov 13	18,085
Petrol/Litre / Nov 14	248.38
Crude Oil USD/Barrel / Nov 14	67.97
Gold Spot USD/Ounce / Nov 14	2,558.37
Diesel/Litre / Nov 14	255.14

Stock	Price
786 Invest Ltd / Nov 14 786 Investments Limited(786)	6.49 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 14 Al-Abbas Sugar Mills Limited(AABS)	599.28 ▼ 0.00 (0.00%)
Agro Allianz / Nov 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 14 Ali Asghar Textile Mills Limited(AATM)	62.51 ▼ 0.00 (0.00%)
Allied Bank / Nov 14 Allied Bank Limited(ABL)	114.80 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 14 Abbott Laboratories (Pakistan) Limited(ABOT)	1,019.78 ▼ 0.00 (0.00%)
Abson Ind. / Nov 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 14 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 14 786 Investments Limited(786)	6.49 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 14 Al-Abbas Sugar Mills Limited(AABS)	599.28 ▲ 0.00 (0.00%)
Agro Allianz / Nov 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 14 Ali Asghar Textile Mills Limited(AATM)	62.51 ▲ 0.00 (0.00%)
Allied Bank / Nov 14 Allied Bank Limited(ABL)	114.80 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 14 Abbott Laboratories (Pakistan) Limited(ABOT)	1,019.78 ▲ 0.00 (0.00%)
Abson Ind. / Nov 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 14 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 14 Worldcall Telecom Limited(WTL)	43,291,848 ▲ 0.00
Waves Home Appliances / Nov 14 Waves Home Appliances Limited(WAVESAPP)	33,201,636 ▲ 0.00
Pak Refinery / Nov 14 Pakistan Refinery Limited(PRL)	31,524,926 ▲ 0.00
K-Electric Ltd. / Nov 14 K-Electric Limited(KEL)	27,455,465 ▲ 0.00
Pak Elektron / Nov 14 Pak Elektron Limited(PAEL)	26,996,630 ▲ 0.00
Sui South Gas / Nov 14 Sui Southern Gas Company Limited(SSGC)	26,013,918 ▲ 0.00
The Searle Co. / Nov 14 The Searle Company Limited(SEARL)	25,704,933 ▲ 0.00
Pak Int.Bulk / Nov 14 Pakistan International Bulk Terminal(PIBTL)	23,694,836 ▲ 0.00
Secure Logistics / Nov 14 Secure Logistics Group Limited(SLGL)	23,623,241 ▲ 0.00

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