News Archives for Latest - 2011-11-09

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Archive - 2011-11-09

North America

Obama to meet leaders of China, Russia, Japan

WASHINGTON : US President Barack Obama will hold separate talks in Hawaii on Saturday with the leaders of China, Russia

Published 09 Nov, 2011 05:30pm

Top News

Pakistan, India say ties improving ahead of summit

ADDU: The foreign ministers of India and Pakistan said Wednesday that trust between their countries had improved, provid

Published 09 Nov, 2011 05:20pm

Financial

Wall Street tumbles on euro zone fears; VIX jumps

NEW YORK : US stocks fell about 2 percent on Wednesday as a spike in Italian bond yields heightened fears the debt cri

Published 09 Nov, 2011 05:14pm

Financial

European shares hit by growing Italian debt tensions

LONDON : European shares fell on Wednesday as rising tensions around Italy 's debt situation pushed its bond yields int

Published 09 Nov, 2011 05:12pm

Financial

Wall St tumbles at open on growing Italy fears

NEW YORK : US stocks tumbled at the open on Wednesday as a spike in Italian bond yields prompted fears the region's de

Published 09 Nov, 2011 05:10pm

Top News

Zardari takes notice of attack on Hindu community in Shikarpur

ISLAMABAD : President Asif Ali Zardari has taken a serious note of attack on some members of the Hindu community in Talu

Published 09 Nov, 2011 05:04pm

Top News

Outgoing Greek PM pledges support for successor

ATHENS: Greek Prime Minister George Papandreou pledged his support for his yet-to-be named successor Wednesday as he for

Published 09 Nov, 2011 05:01pm

Business & Finance

PIA Post Hajj flights commence from November 9

KARACHI: PIA's first post Hajj flight PK- 2502 will leave Jeddah Hajj terminal for Islamabad at 1600 hours local time (6

Published 09 Nov, 2011 04:05pm

Pakistan

MQM wants positive change: Altaf Hussain

KARACHI : Muttahida Qaumi Movement (MQM), Chief Altaf Hussain has said that he and his party want peace, justice and dem

Published 09 Nov, 2011 04:03pm

Cricket

Clarke leads Australian fightback

CAPE TOWN : Australian captain Michael Clarke hit an aggressive half-century as his team fought back after a poor start

Published 09 Nov, 2011 03:56pm

Top News

Mexico annual inflation inches up in October

MEXICO CITY : Mexico 's annual inflation rate rose less than expected in October, hovering near the central bank's long

Published 09 Nov, 2011 03:52pm

Financial

Euro slumps vs dollar, yen as Italian yields spike

NEW YORK: The euro plunged to a one-month low against the dollar on Wednesday as Italian borrowing costs topped 7 percen

Published 09 Nov, 2011 03:48pm

Commodities

Gold rises as Italian debt fears grow

LONDON : Gold edged higher on Wednesday on persistent doubts about Italy 's ability to tackle its growing debt crisis a

Published 09 Nov, 2011 02:58pm

Industry

GM net income falls in third quarter

NEW YORK : Top US automaker General Motors said Wednesday that third quarter earnings fell 5.9 percent from a year earl

Published 09 Nov, 2011 02:32pm

Financial

Euro sells off as Italian 10-year bond yields pass 7pc

LONDON: The euro fell against the safe-haven US dollar and Japanese yen on Wednesday as the euro zone's escalating debt

Published 09 Nov, 2011 01:48pm

Energy

OPEC holds demand view, signals steady supply

LONDON: OPEC expects world oil supplies to remain ample during the northern hemisphere winter and keep a lid on oil pric

Published 09 Nov, 2011 01:37pm

Managed Funds

New problems in Italy drive US debt prices higher

NEW YORK : US Treasury debt prices rose on Wednesday as the quickly evolving debt crisis in the euro zone drove investor

Published 09 Nov, 2011 01:37pm

Top News

PM Gilani arrives in Maldives to attend SAARC Summit

ADDU: Prime Minister Syed Yusuf Raza Gilani on Wednesday arrived here to lead Pakistan 's delegation to the 17th SAARC

Published 09 Nov, 2011 01:15pm

Top News

Bangladesh may withdraw complaint over EU help for Pakistan

ADDU CITY : Bangladesh is considering withdrawing a complaint about a European move to grant beneficial import condi

Published 09 Nov, 2011 01:00pm

Top News

Law and order situation improved but not ideal: Malik

LAHORE : Federal Interior Minister Rehman Malik on Wednesday said that law and order situation in the country had improv

Published 09 Nov, 2011 12:55pm

Industries & Sectors

Shipping activity at Port Qasim

KARACHI : Four ships carrying containers at QICT, Furnace Oil at FOTCO, Palm Oil at LCT and Sun Flower at FAP arrived du

Published 09 Nov, 2011 12:54pm

Financial

Italian 10-year yields rise above 7 percent

LONDON : Italian 10-year bond yields topped on Wednesday the 7 percent level widely deemed unsustainable after an increa

Published 09 Nov, 2011 12:43pm

Financial

Greek stocks down more than 3 percent

ATHENS : Greece's stock market dropped by more than three percent Wednesday as politicians squabbled over an interim pr

Published 09 Nov, 2011 12:29pm

Financial

Spanish share prices plunge 3.07 percent

MADRID : Spanish share prices plunged 3.07 percent on Wednesday as Italian state borrowing costs soared to record high

Published 09 Nov, 2011 12:29pm

Financial

Asian markets higher after Berlusconi vows to go

HONG KONG : Asian markets rose on Wednesday after Italian Prime Minister Silvio Berlusconi promised he would quit, lift

Published 09 Nov, 2011 12:29pm

Commodities

Tokyo futures down 3.3 percent to one-year low

TOKYO : Key Tokyo rubber futures fell 3.3 percent on Wednesday to their lowest since August 2010 as economic uncertain

Published 09 Nov, 2011 11:18am

Top News

Italian yields soar above 7 percent, stocks, euro sink

LONDON : The euro zone debt crisis kicked into a new gear on Wednesday as Italian bond yields soared into levels widely

Published 09 Nov, 2011 11:15am

Commodities

Palm oil off 7-week high, stocks seen plentiful

KUALA LUMPUR: Malaysian palm oil futures slipped off seven-week highs on Wednesday ahead of a key industry report that i

Published 09 Nov, 2011 11:13am

Commodities

Gold steadies, Italy's debt worries linger

SINGAPORE : Gold steadied on Wednesday on fears the euro zone debt crisis could engulf Italy even after Prime Minister

Published 09 Nov, 2011 11:13am

Commodities

Copper up on China data, Berlusconi's exit pledge

SHANGHAI : Copper rose on Wednesday after data showed China 's inflation slipped in October, easing concerns that the g

Published 09 Nov, 2011 11:13am

Top News

China inflation, output makes room for pro-growth steps

BEIJING: Chinese industrial output in October grew at its weakest annual pace in a year and inflation fell sharply, rais

Published 09 Nov, 2011 11:07am

Money & Banking

Euribor sinks to 5-month low as rate cut impacts

FRANKFURT : Key euro-priced bank-to-bank lending rates fell further on Wednesday, hitting a fresh five-month low as last

Published 09 Nov, 2011 11:07am

Financial

Ringgit, won up on Italy, but profit-taking caps

SINGAPORE: The ringgit and the won rose on Wednesday after Italian prime minister's pledge to resign, while investors to

Published 09 Nov, 2011 11:02am

Managed Funds

Bonds edge up in Asia amid euro zone uncertainty

TOKYO : US Treasuries edged up slightly on Wednesday as investors nervously looked to Europe , with the main focus on

Published 09 Nov, 2011 11:01am

Energy

Brent down, Europe debt offsets China data boost

LONDON : Brent crude fell on Wednesday, pressured by European debt concerns which outweighed a boost from cooling Chines

Published 09 Nov, 2011 11:01am

Top News

Up to 70 Taliban dead as Afghan attack thwarted

KABUL: Up to 70 Taliban fighters were killed after trying to attack a foreign troop base in Paktika, a local official sa

Published 09 Nov, 2011 11:00am

Top News

China-Pakistani military drill not targeted at India

BEIJING : Brushing aside New Delhi media's frenzy over joint anti-terrorism exercise, the Ministry of National Defence

Published 09 Nov, 2011 10:45am

Top News

UNISAME for remedial steps to save country from economic setback

KARACHI : The Union of Small and Medium Enterprises (UNISAME) has invited the attention of Prime Minister Syed Yousuf Ra

Published 09 Nov, 2011 10:44am

Industries & Sectors

Logistics and supply chain management conference on November 22

KARACHI : Pakistan International Freight Forwarders Association, Air Cargo Agents Association of Pakistan and Publicit

Published 09 Nov, 2011 10:39am

Business & Finance

President condoles demise of Mumtaz Rao

ISLAMABAD: President Asif Ali Zardari has expressed deep sorrow over the sad demise of Mumtaz Hamid Rao, a renowned jour

Published 09 Nov, 2011 08:21am

Top News

Pakistan-India dialogue increases SAARC significance: Gilani

LAHORE : Prime Minister Syed Yousuf Raza Gilani has said importance and effectiveness of SAARC forum had increased, f

Published 09 Nov, 2011 08:07am

Commodities

NY sugar to gain more to 26.73 cents/lb

SINGAPORE: New York sugar will gain more to 26.73 cents per lb, as a fierce upward wave "C" could have started. A short

Published 09 Nov, 2011 08:05am

Top News

Nation observes 134th birth anniversary of Allama Iqbal

KARACHI : The nation observed the 134th birth anniversary of poet and philosopher Dr. Allama Muhammad Iqbal on Wednesday

Published 09 Nov, 2011 08:04am

Financial

Bunds fall after Italy PM says will step down

LONDON: German Bunds fell on Wednesday after Italian Prime Minister Silvio Berlusconi agreed to step down, giving a boos

Published 09 Nov, 2011 08:03am

Asia

Afghan, foreign forces kill 50-60 Taliban

KABUL: Afghan and NATO-led troops killed 50 to 60 Taliban fighters during an attack by insurgents on a base in a volatil

Published 09 Nov, 2011 07:53am

Cricket

India beat West Indies to take 1-0 series lead

NEW DELHI: Sachin Tendulkar fell short of his 100th international ton but his sparkling 76 helped India beat West Indies

Published 09 Nov, 2011 07:51am

Industries & Sectors

Oil, gas pipeline projects to open employment, resolve energy problems: Dr Asim

ISLAMABAD: Federal Minister for Petroleum Dr Asim Hussain on Tuesday said that implementation and completion of oil and

Published 09 Nov, 2011 07:42am

Pakistan

Interior Minister meets Governor Punjab

LAHORE: Federal Interior Minister A. Rehman Malik on Tuesday expressed the government's resolve to curb terrorism in the

Published 09 Nov, 2011 07:39am

Financial

Europe shares to jump on Berlusconi's plan to quit

LONDON: European shares were set to jump on Wednesday as Italian Prime Minister Silvio Berlusconi's pledge to resign aft

Published 09 Nov, 2011 07:35am

Financial

Aussie & NZ dollars soften, market lacks conviction

WELLINGTON/SYDNEY: The Australian and New Zealand dollars struggled to extend gains on Wednesday after data from China s

Published 09 Nov, 2011 07:27am

Financial

Yuan hits trading peak, but appreciation potential limited

SHANGHAI: The yuan rose against the dollar on Wednesday, touching a record trading high and playing catch-up with the Ch

Published 09 Nov, 2011 07:23am

Financial

Indian rupee hits 2-week low; shares choppy

MUMBAI: The Indian rupee fell to its lowest in more than two weeks on Wednesday after a large company bought dollars, wh

Published 09 Nov, 2011 07:17am

Financial

Taiwan stocks end lower but UMC, Quanta hold gains

TAIPEI: Taiwan stocks ended down 0.51 percent on Wednesday, lagging regional bourses, but tech heavyweights UMC Quanta C

Published 09 Nov, 2011 07:10am

Industry

South Korea Samsung Total plans maintenance shutdown next

SEOUL: South Korea's Samsung Total plans a one-month maintenance shutdown at its 45,000-barrel-per-day reformer either n

Published 09 Nov, 2011 07:05am

Financial

Indian shares rise in choppy trade, banks fall

MUMBAI: Indian shares were up 0.2 percent on Wednesday but trading was choppy as financials fell after ratings agency Mo

Published 09 Nov, 2011 07:02am

Financial

Indian bond yields up on fiscal slippage concerns

MUMBAI: Indian federal bond yields rose for the third straight session on Wednesday as another sale of cash management b

Published 09 Nov, 2011 06:59am

Cricket

India 209 & 254-4 vs West Indies 304 & 180: lunch

NEW DELHI: India, chasing 276 for victory, were 254 for four wickets at lunch on the fourth day of the first test agains

Published 09 Nov, 2011 06:54am

Industry

India's Oct car sales suffer biggest fall in a decade

NEW DELHI: Car sales in India fell 23.8 percent in October, the biggest monthly percentage decline since December 2000,

Published 09 Nov, 2011 06:49am

Cricket

Tendulkar misses milestone, India on verge of victory

NEW DELHI: Sachin Tendulkar fell short of his 100th international ton but reached 76 to help guide India to within 22 ru

Published 09 Nov, 2011 06:43am

Industry

Kazakh Jan-Oct industrial output up 4.0pc yr/yr

ALMATY: Kazakhstan's industrial output rose 4.0 percent in January-October 2011 in year-on-year terms, data released on

Published 09 Nov, 2011 06:39am

Money & Banking

Dexia sets 4.2bn euro cap hike for municipal loan unit

PARIS: Bailed out Franco-Belgian bank Dexia said on Wednesday that its board had cleared the way for a 4.2 billion-euro

Published 09 Nov, 2011 06:35am

Industry

Toyota tells suppliers aims to restore Japan output early 2012

TOKYO: Toyota Motor Corp has told its parts suppliers it aims to return to normal production levels in Japan in early 20

Published 09 Nov, 2011 06:32am

Financial

Australian stocks open up 1.13pc

SYDNEY: Australian shares gained 1.13 percent at the open on Wednesday, boosted by news that embattled Italian Prime Min

Published 09 Nov, 2011 06:27am

Top News

Aid groups warn over Pakistan flood fund

ISLAMABAD: Aid groups warned on Wednesday that vital relief efforts for five million people affected by floods in Pakist

Published 09 Nov, 2011 06:20am

Top News

Japan current account surplus down 21.4pc on-year

TOKYO: Japan's current account surplus shrank 21.4 percent from a year earlier in September, the smallest drop since the

Published 09 Nov, 2011 06:17am

World

Peru's vice president takes leave in ethics probe

LIMA: Peru's vice president on Tuesday said he was taking a leave of absence to faces charges of influence peddling in a

Published 09 Nov, 2011 06:13am

Asia

South Korea jobless rate falls in October

SEOUL: South Korea's unemployment rate fell in October from a month earlier and the number of new jobs nearly doubled, i

Published 09 Nov, 2011 06:06am

Financial

Chinese shares up slightly in morning trade

SHANGHAI: Chinese shares were up 0.47 percent in morning trade Wednesday, with sentiment boosted by the release of econo

Published 09 Nov, 2011 06:03am

Energy

Oil up in Asia as Berlusconi says will resign

SINGAPORE: Crude rose in Asia Wednesday as markets welcomed Italian Prime Minister Silvio Berlusconi's announcement that

Published 09 Nov, 2011 06:02am

Financial

Euro steady after Italy PM says to quit

TOKYO: The euro was steady against the dollar in Asia on Wednesday after Italian Prime Minister Silvio Berlusconi voiced

Published 09 Nov, 2011 05:58am

Top News

China's October inflation slows to 5.5pc

BEIJING: China's inflation slowed sharply in October, official data showed Wednesday, as food prices fell and the govern

Published 09 Nov, 2011 05:56am

Managed Funds

Italian bond yields down on Berlusconi announcement

HONG KONG: The yield on Italian government bonds fell back from record highs on Wednesday after Prime Minister Silvio Be

Published 09 Nov, 2011 05:54am

Middle East

Arabs urged to act as Syria death toll soars

DAMASCUS: The Arab League on Tuesday came under mounting pressure to act after Syria's regime failed to implement its pe

Published 09 Nov, 2011 05:50am

Europe

Berlusconi says will resign after economic reforms

ROME: Italian Prime Minister Silvio Berlusconi, bowing to a parliamentary revolt and intense market pressure, said he wo

Published 09 Nov, 2011 05:42am

Asia

Poll points to strong win for New Zealand PM

WELLINGTON: New Zealand Prime Minister John Key is set to coast to a second term at a general election this month, possi

Published 09 Nov, 2011 05:39am

Financial

Tokyo stocks up 0.94pc by noon

TOKYO: Tokyo stocks rose 0.94 percent Wednesday morning, tracking Wall Street's gains after embattled Italian Prime Mini

Published 09 Nov, 2011 05:34am

Europe

Poverty rises in Spain as downturn grinds on

MADRID: For the past three months Maria Jose del Coto Maeso has lived in an empty store with no shower or cooking facili

Published 09 Nov, 2011 05:30am

Money & Banking

Bank of England to freeze rate after shock ECB cut: analysts

LONDON: The Bank of England is expected to keep its key interest rate at a record low 0.50 percent at a meeting this wee

Published 09 Nov, 2011 05:27am

Top News

IMF chief warns world economy risks 'downward spiral'

BEIJING: International Monetary Fund chief Christine Lagarde on Wednesday warned the world was at risk of plunging into

Published 09 Nov, 2011 05:24am

North America

Ohio vote on union rights could hurt Republicans

CHICAGO: President Barack Obama's Republican foes suffered a significant defeat Tuesday in the key swing state of Ohio,

Published 09 Nov, 2011 05:21am

Top News

Palm oil off 7-week high on stock build

KUALA LUMPUR: Malaysian palm oil futures slipped off seven-week highs on Wednesday ahead of a key industry report that i

Published 09 Nov, 2011 05:20am

Financial

Asian markets higher after Berlusconi quit vow

HONG KONG: Asian markets rose Wednesday and Italian bond yields fell from record highs after Italian leader Silvio Berlu

Published 09 Nov, 2011 05:19am

Financial

Hong Kong shares 1.58pc higher by break

HONG KONG: Hong Kong shares rose 1.58 percent by the break Wednesday after China said inflation had slowed further in Oc

Published 09 Nov, 2011 05:16am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 11	277.87
USD PKR Interbank Buying / Aug 11	277.67
USD to Japanese Yen / Aug 11	159.21
USD to Swiss Franc / Aug 11	0.81
Pound Sterling to USD / Aug 11	1.35
Euro to USD / Aug 11	1.15
SOFR % / Aug 11	3.62

Stock	Volume
Tokyo Nikkei / Aug 10	66,970.22
S&P 500 / Aug 11	7,728.20
India Sensex / Aug 11	78,154.25
Nasdaq / Aug 11	26,445.45
Hang Seng / Aug 11	25,652.82
FTSE 100 / Aug 11	10,844.19
Dow Jones / Aug 11	53,791.85
Germany DAX 30 / Aug 11	26,391.42
France CAC40 / Aug 11	8,714.94

Item	Value
Crude Oil USD/Barrel / Aug 11	83.45
Karachi Cotton PKR/37.32 KG / Aug 11	18,580
Gold 10 Grams PKR / Aug 11	394,149
Gold Spot USD/Ounce / Aug 11	4,370.32
Cotton US¢/pound / Aug 11	84.39
Petrol/Litre / Aug 12	325.92
Diesel/Litre / Aug 12	382.25

Gainers
Losers
Leaders

Stock	Price
Siddiqsons Tin / Aug 11 Siddiqsons Tin Plate Limited(STPL)	9.71 ▲ 0.95 (10.84%)
Azgard Nine (Non-Voti) / Aug 11 Azgard Nine (Non-Voti)(ANLNV)	8.80 ▲ 0.82 (10.28%)
Aruj Industries / Aug 11 Aruj Industries Limited(ARUJ)	12.95 ▲ 1.18 (10.03%)
Tri-Star Power / Aug 11 Tri-Star Power Limited(TSPL)	18.34 ▲ 1.67 (10.02%)
Ashfaq Textile / Aug 11 Ashfaq Textile Mills Limited(ASHT)	40.76 ▲ 3.71 (10.01%)
Ruby Textile / Aug 11 Ruby Textile Mills Limited(RUBY)	23.19 ▲ 2.11 (10.01%)
Asim Textile / Aug 11 Asim Textile Mills Limited(ASTM)	74.79 ▲ 6.8 (10%)
Buxly Paints / Aug 11 Buxly Paints Limited(BUXL)	277.72 ▲ 25.25 (10%)
IGI Life Ins / Aug 11 IGI Life Insurance Limited(IGIL)	21.89 ▲ 1.99 (10%)
Tata Textile / Aug 11 Tata Textile Mills Limited(TATM)	172.39 ▲ 15.67 (10%)

Stock	Price
Dawood Equities / Aug 11 Dawood Equities Limited(DEL)	23.64 ▼ -2.59 (-9.87%)
Fateh Ind. / Aug 11 Fateh Industries Limited(FIL)	286.78 ▼ -31.21 (-9.81%)
TPL Insurance / Aug 11 TPL Insurance Limited(TPLI)	62.84 ▼ -6.34 (-9.16%)
Jubilee Spinning / Aug 11 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	54.39 ▼ -4.42 (-7.52%)
East West Ins. / Aug 11 East West Insurance Company Limited(EWIC)	62.23 ▼ -4.99 (-7.42%)
Engro Powergen / Aug 11 Engro Powergen Qadirpur Limited(EPQL)	24.99 ▼ -1.7 (-6.37%)
F.Credit & Inv / Aug 11 First Credit and Investment Bank Limited(FCIBL)	32.11 ▼ -2.12 (-6.19%)
Kohinoor Mills / Aug 11 Kohinoor Mills Limited(KML)	10.68 ▼ -0.64 (-5.65%)
Trust Mod. / Aug 11 Trust Modaraba(TRSM)	18.94 ▼ -1.02 (-5.11%)
Bawany Air Products / Aug 11 Bawany Air Products Limited(BAPL)	30.43 ▼ -1.6 (-5%)

Stock	Volume
Cnergyico PK / Aug 11 Cnergyico PK Limited(CNERGY)	133,907,407 ▼ -0.29
K-Electric Ltd. / Aug 11 K-Electric Limited(KEL)	61,848,727 ▲ 0
Hascol Petrol / Aug 11 Hascol Petroleum Limited(HASCOL)	45,032,184 ▲ 1.06
Unity Foods Ltd / Aug 11 Unity Foods Limited(UNITY)	40,090,062 ▲ 0.01
Pak Refinery / Aug 11 Pakistan Refinery Limited(PRL)	31,666,040 ▲ 0.91
WorldCall Telecom / Aug 11 Worldcall Telecom Limited(WTL)	28,282,358 ▲ 0
Beco Steel Ltd / Aug 11 Beco Steel Limited(BECO)	24,832,349 ▲ 0.27
Siddiqsons Tin / Aug 11 Siddiqsons Tin Plate Limited(STPL)	24,355,243 ▲ 0.95
B.O.Punjab / Aug 11 The Bank of Punjab(BOP)	22,518,009 ▼ -1.17
Pervez Ahmed Consultancy / Aug 11 Pervez Ahmed Consultancy Services Ltd.(PASL)	21,091,236 ▲ 0.19

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