AIRLINK 72.80 Increased By ▲ 0.62 (0.86%)
BOP 5.06 Increased By ▲ 0.13 (2.64%)
CNERGY 4.33 Decreased By ▼ -0.02 (-0.46%)
DFML 30.52 Increased By ▲ 2.03 (7.13%)
DGKC 85.95 Increased By ▲ 4.65 (5.72%)
FCCL 22.35 Increased By ▲ 0.85 (3.95%)
FFBL 33.22 Increased By ▲ 0.17 (0.51%)
FFL 9.78 Decreased By ▼ -0.08 (-0.81%)
GGL 10.40 Decreased By ▼ -0.08 (-0.76%)
HBL 113.62 Decreased By ▼ -0.38 (-0.33%)
HUBC 136.20 Decreased By ▼ -3.80 (-2.71%)
HUMNL 10.03 Increased By ▲ 1.00 (11.07%)
KEL 4.66 Decreased By ▼ -0.07 (-1.48%)
KOSM 4.40 Increased By ▲ 0.02 (0.46%)
MLCF 38.35 Increased By ▲ 0.70 (1.86%)
OGDC 133.40 Decreased By ▼ -0.30 (-0.22%)
PAEL 27.40 Increased By ▲ 1.80 (7.03%)
PIAA 24.76 Increased By ▲ 0.78 (3.25%)
PIBTL 6.55 Increased By ▲ 0.07 (1.08%)
PPL 121.21 Decreased By ▼ -1.41 (-1.15%)
PRL 27.15 Increased By ▲ 0.08 (0.3%)
PTC 13.89 Increased By ▲ 0.29 (2.13%)
SEARL 60.40 Increased By ▲ 3.78 (6.68%)
SNGP 68.53 Decreased By ▼ -0.71 (-1.03%)
SSGC 10.33 Decreased By ▼ -0.01 (-0.1%)
TELE 9.05 Increased By ▲ 0.60 (7.1%)
TPLP 11.26 Decreased By ▼ -0.02 (-0.18%)
TRG 65.70 Increased By ▲ 4.49 (7.34%)
UNITY 25.25 Decreased By ▼ -0.08 (-0.32%)
WTL 1.50 No Change ▼ 0.00 (0%)
BR100 7,608 Decreased By -22.2 (-0.29%)
BR30 25,091 Increased By 100.6 (0.4%)
KSE100 72,658 Increased By 56.2 (0.08%)
KSE30 23,383 Decreased By -155.9 (-0.66%)
May 10, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-06-26
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 26 Jun, 2004 12:00am
Prime Minister's resignation rumour trims share values

Prime Minister's resignation rumour trims share values

The rumour that Prime Minister Zafarullah Khan Jamali has resigned spread in stock market like jungle fire and played havoc with investors, forcing them to sell their share holdings and pushing the index into red territory.
Published 26 Jun, 2004 12:00am
SBP issues licence to another 'B' category company

SBP issues licence to another 'B' category company

The State Bank has issued another licence for 'B' category exchange company totalling two of its kind while 25 No Objection Certificates (NOCs) have been issued for 'B' category.
Published 26 Jun, 2004 12:00am
Singapore bunker fuel prices flat

Singapore bunker fuel prices flat

Singapore bunker or ship fuel prices were mostly flat on Friday as tighter prompt availability offered support against downward pressure from thin demand.
Published 26 Jun, 2004 12:00am
SBP issues licence to another 'B' category company

SBP issues licence to another 'B' category company

The State Bank has issued another licence for 'B' category exchange company totalling two of its kind while 25 No Objection Certificates (NOCs) have been issued for 'B' category.
Published 26 Jun, 2004 12:00am
European edible oils hold steady

European edible oils hold steady

European vegetable oil prices were little changed around midday on Friday as dealers looked towards the Chicago Board of Trade soy complex to open for fresh inspiration, dealers said.
Published 26 Jun, 2004 12:00am
Quick action on oil and gas sector reforms ordered

Quick action on oil and gas sector reforms ordered

Prime Minister Mir Zafarullah Khan Jamali on Friday directed the finance and petroleum ministries to gear up steps for speedy implementation of reforms and initiatives proposed in the budget 2004-05.
Published 26 Jun, 2004 12:00am
US Plains HRW wheat basis firm

US Plains HRW wheat basis firm

Spot hard red winter wheat basis bids in the Plains production areas and the Texas Gulf were steady to higher on Friday after the latest retreat in futures on Thursday set a five-month low, dealers said.
Published 26 Jun, 2004 12:00am
Quick action on oil and gas sector reforms ordered

Quick action on oil and gas sector reforms ordered

Prime Minister Mir Zafarullah Khan Jamali on Friday directed the finance and petroleum ministries to gear up steps for speedy implementation of reforms and initiatives proposed in the budget 2004-05.
Published 26 Jun, 2004 12:00am
CBOT wheat ends down as Egypt buys from France

CBOT wheat ends down as Egypt buys from France

Soft red winter wheat futures at the Chicago Board of Trade closed down sharply on Thursday following news Egypt bought 120,000 tonnes of wheat from France and none from the United States, traders said.
Published 26 Jun, 2004 12:00am
SECP's plan to develop and retain its HR approved

SECP's plan to develop and retain its HR approved

The Policy Board of Security and Exchange Commission of Pakistan (SECP) has directed the Commission to develop and enhance its capacity both in terms of human resource and technology, in particular to check market manipulation and abuse.
Published 26 Jun, 2004 12:00am
Russian weekly grain market report

Russian weekly grain market report

Russian grain markets are preparing to receive first shipments of new harvest grain, while the supply of grain from the 2003 harvest has petered out, traders say.
Published 26 Jun, 2004 12:00am
Industrial policy getting finishing touches

Industrial policy getting finishing touches

The government is likely to give relief to the industrial sector in power tariff in the industrial policy which being given finishing touches before announcement, it is learnt.
Published 26 Jun, 2004 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 125,581 tonnes of cargo including 83,859 tonnes import and 41,722 tonnes export cargo during last 24 hours ending at 0700 hours on Friday.
Published 26 Jun, 2004 12:00am
Industrial policy getting finishing touches

Industrial policy getting finishing touches

The government is likely to give relief to the industrial sector in power tariff in the industrial policy which being given finishing touches before announcement, it is learnt.
Published 26 Jun, 2004 12:00am
Ukraine's sunseed crop seen lower

Ukraine's sunseed crop seen lower

Ukraine's sunflower seed crop might total between 3.45 million and 3.8 million tonnes in 2004 compared with 4.2 million in 2003, analysts said on Friday.
Published 26 Jun, 2004 12:00am
Sales tax on imported cotton to continue, Aptma told

Sales tax on imported cotton to continue, Aptma told

Though 15 percent sales tax on ginned cotton has been withdrawn, on imported cotton it would continue. This was made clear to textile millers who met Central Board of Revenue officials in Islamabad on Friday.
Published 26 Jun, 2004 12:00am
CBOT corn ends lower on disappointing export sales

CBOT corn ends lower on disappointing export sales

Corn futures at the Chicago Board of Trade ended lower on Thursday in reaction to another week of disappointing export sales and a mild setback from the firm close on Wednesday, traders said.
Published 26 Jun, 2004 12:00am
Sales tax on imported cotton to continue, Aptma told

Sales tax on imported cotton to continue, Aptma told

Though 15 percent sales tax on ginned cotton has been withdrawn, on imported cotton it would continue. This was made clear to textile millers who met Central Board of Revenue officials in Islamabad on Friday.
Published 26 Jun, 2004 12:00am
US Midwest soya and corn bids steady to firm

US Midwest soya and corn bids steady to firm

Spot basis bids for corn and soyabeans were mostly steady to firm in the US Midwest early on Friday, with soya processor bids leading the way higher, dealers said.
Published 26 Jun, 2004 12:00am
Sales tax on imported cotton to continue, Aptma told

Sales tax on imported cotton to continue, Aptma told

Though 15 percent sales tax on ginned cotton has been withdrawn, on imported cotton it would continue. This was made clear to textile millers who met Central Board of Revenue officials in Islamabad on Friday.
Published 26 Jun, 2004 12:00am
FOB Gulf corn and soya, wheat mostly steady

FOB Gulf corn and soya, wheat mostly steady

US FOB Gulf corn and soyabean basis offers were mostly steady on Thursday, with little fresh export demand seen in both markets, dealers said.
Published 26 Jun, 2004 12:00am
Over 20 Iraqis killed in US air strike

Over 20 Iraqis killed in US air strike

US-led forces said they killed between 20 and 25 people in an air strike Friday on a suspected safe house of alleged al Qaeda operative Abu Mussab al-Zarqawi in the hotspot Iraqi town of Fallujah.
Published 26 Jun, 2004 12:00am
Oil cake market rates

Oil cake market rates

The July vaida opened 50 paisa better at Rs 488.50 and was highest also at the same amount. Later it lost in depressed trading to turn lowest at Rs 488 but wound up better at Rs 488.50.
Published 26 Jun, 2004 12:00am
Over 20 Iraqis killed in US air strike

Over 20 Iraqis killed in US air strike

US-led forces said they killed between 20 and 25 people in an air strike Friday on a suspected safe house of alleged al Qaeda operative Abu Mussab al-Zarqawi in the hotspot Iraqi town of Fallujah.
Published 26 Jun, 2004 12:00am
ICT to computerise revenue, land record

ICT to computerise revenue, land record

The Islamabad Capital Territory (ICT) administration has decided to computerise its revenue and land record by the end of July in collaboration with the Ministry of Information Technology (IT).
Published 26 Jun, 2004 12:00am
Neither asked nor I have resigned: Prime Minister

Neither asked nor I have resigned: Prime Minister

Prime Minister Mir Zafarullah Khan Jamali said on Friday that neither anyone has asked him nor he has resigned from the office. Talking to reporters here at the Prime Minister's House, he said the people should believe, when the Prime Minister is saying s
Published 26 Jun, 2004 12:00am
Sugar and wheat up on grain market

Sugar and wheat up on grain market

Sporadic changes were marked on the seed and grain wholesale markets on Friday amid fairly large business.
Published 26 Jun, 2004 12:00am
Neither asked nor I have resigned: Prime Minister

Neither asked nor I have resigned: Prime Minister

Prime Minister Mir Zafarullah Khan Jamali said on Friday that neither anyone has asked him nor he has resigned from the office. Talking to reporters here at the Prime Minister's House, he said the people should believe, when the Prime Minister is saying s
Published 26 Jun, 2004 12:00am
Fazl and Qazi's entry banned in Sindh

Fazl and Qazi's entry banned in Sindh

The Sindh government has banned the entry of MMA leaders Maulana Fazlur Rehman and Qazi Hussain Ahmed into the province for 15 days.
Published 26 Jun, 2004 12:00am
New York coffee easier amid mild Brazil winter

New York coffee easier amid mild Brazil winter

NYBOT arabica coffee futures closed slightly softer on Thursday on sales by small speculators with the trades focus fixed on winter conditions in leading producer Brazil, brokers said.
Published 26 Jun, 2004 12:00am
Fazl and Qazi's entry banned in Sindh

Fazl and Qazi's entry banned in Sindh

The Sindh government has banned the entry of MMA leaders Maulana Fazlur Rehman and Qazi Hussain Ahmed into the province for 15 days.
Published 26 Jun, 2004 12:00am
New York cocoa lower, maintains small range

New York cocoa lower, maintains small range

NYBOT cocoa futures ended with modest losses on Thursday, with speculators selling the top and processors buying the bottom, but at either end the amounts traded were small, traders said.
Published 26 Jun, 2004 12:00am
12 ministers inducted in Sindh cabinet

12 ministers inducted in Sindh cabinet

In the second phase of the Sindh cabinet expansion 12 more ministers were inducted on Friday. Governor Dr Ishratul Ibad Khan administered the oath in a simple ceremony held at the Governor House.
Published 26 Jun, 2004 12:00am
US summer soyaoil prices seen higher on crush cut

US summer soyaoil prices seen higher on crush cut

Prices of US soyaoil, a derivative of soyabeans used in food and industrial products, should firm slightly this summer on tightening supplies, analysts said on Thursday.
Published 26 Jun, 2004 12:00am
12 ministers inducted in Sindh cabinet

12 ministers inducted in Sindh cabinet

In the second phase of the Sindh cabinet expansion 12 more ministers were inducted on Friday. Governor Dr Ishratul Ibad Khan administered the oath in a simple ceremony held at the Governor House.
Published 26 Jun, 2004 12:00am
Comex copper rises on supply worries

Comex copper rises on supply worries

Comex copper prices finished sharply higher on Thursday as speculative buyers covered short positions on concerns of possible supply interruptions if miners strike in Chile and negotiations go awry at Asarco operations in the US, traders said.
Published 26 Jun, 2004 12:00am
Tokyo gold rallies as dollar falters, platinum slips

Tokyo gold rallies as dollar falters, platinum slips

Tokyo gold futures regained strength on Friday as the weakness of the dollar and spot gold's rise above the psychologically sensitive $400 line encouraged investors to build additional buy positions.
Published 26 Jun, 2004 12:00am
Gold holds above $400 in Asia, US data eyed

Gold holds above $400 in Asia, US data eyed

Gold held above $400 an ounce in Asia on Friday, buoyed by safe-haven buying after deadly bombs in Iraq and Turkey which triggered a dollar sell-off in New York. Gold regained $400 an ounce for the first time since April on Thursday after insurgents launc
Published 26 Jun, 2004 12:00am
Bangladesh aims to revive flagging tea exports

Bangladesh aims to revive flagging tea exports

Tea producers in Bangladesh, the world's ninth-largest exporter, are banking on government loans to arrest a decline in exports and boost their contribution to the country's economy.
Published 26 Jun, 2004 12:00am
Soaring Russian grain exports may hurt world wheat prices

Soaring Russian grain exports may hurt world wheat prices

Russia's increasing grains output and exports could depress world wheat prices within five years, displacing some Australian export markets, the government's commodities forecaster said on Friday.
Published 26 Jun, 2004 12:00am
CBOT rice higher; registrations drop

CBOT rice higher; registrations drop

Chicago Board of Trade rough rice futures settled higher on Thursday as speculative and commercial buying followed early price weakness, brokers said.
Published 26 Jun, 2004 12:00am
New York sugar higher in switch trade

New York sugar higher in switch trade

NYBOT raw sugar futures settled firmer on Thursday in activity featuring switch trade from players liquidating positions out of spot July, with more rollovers seen before the contract expires next week, brokers said.
Published 26 Jun, 2004 12:00am
Soyabeans end higher on firm US cash prices

Soyabeans end higher on firm US cash prices

Chicago Board of Trade soyabean futures ended higher on Thursday as worries about tight US supplies outweighed a break in CIF Gulf basis bids, traders said.
Published 26 Jun, 2004 12:00am
Vietnam rice exports may fall

Vietnam rice exports may fall

The trade ministry in Vietnam, the world's second largest exporter of rice, said shipments of the grain will fall 8.1 percent to 2.2 million tonnes during the first half of 2004 compared with a year.
Published 26 Jun, 2004 12:00am
Cotlook ups 2004/05 global cotton usage forecast

Cotlook ups 2004/05 global cotton usage forecast

Cotton Outlook upped its 2004/05 estimate for global cotton usage by 151,000 tonnes to nearly 21.7 million tonnes on Thursday, at the same time shrinking its world surplus forecast by a similar amount.
Published 26 Jun, 2004 12:00am
Malaysian palm oil ends up on last-minute support

Malaysian palm oil ends up on last-minute support

Buying support at the last minute saw Malaysian crude palm oil futures closing higher on Friday after spending most of the day in negative territory due to profit-taking on recent gains.
Published 26 Jun, 2004 12:00am
Argentina's budget surplus hits IMF target early

Argentina's budget surplus hits IMF target early

Argentina's primary budget surplus in the first five months of 2004 edged past the full-year target agreed with the International Monetary Fund, the government said on Thursday.
Published 26 Jun, 2004 12:00am
Steel-producing countries seek accord on subsidies

Steel-producing countries seek accord on subsidies

Delegates from 37 steel-producing countries are to meet here Monday and Tuesday to decide if talks on cutting steel subsidies, which are currently deadlocked, should continue.
Published 26 Jun, 2004 12:00am
Global tourism rebounding this year

Global tourism rebounding this year

The global tourism industry is seeing a rebound this year after a record drop in the number of tourists making international trips last year, the World Tourism Organisation said here Friday.
Published 26 Jun, 2004 12:00am
Spanish producer price inflation hits three-year high

Spanish producer price inflation hits three-year high

High oil prices helped to push Spanish producer price inflation to an annual rate of 3.8 percent in May, its highest level for more than three years, Spain's National Statistics Institute (INE) said on Friday.
Published 26 Jun, 2004 12:00am
Foreign firms venture into Japan consumer finance

Foreign firms venture into Japan consumer finance

Foreign investors led by US fund Ripplewood and Citigroup are poised to wade into Japan's lucrative consumer finance arena with the possible purchase of a 300 billion yen ($2.8 billion) stake in top player Takefuji Corp
Published 26 Jun, 2004 12:00am
Crucell discovers antibody fights Sars

Crucell discovers antibody fights Sars

Dutch biotechnology firm Crucell has discovered an antibody that protects ferrets against the Sars virus and which could be developed for human use, the company said on Friday.
Published 26 Jun, 2004 12:00am
Crucell discovers antibody fights Sars

Crucell discovers antibody fights Sars

Dutch biotechnology firm Crucell has discovered an antibody that protects ferrets against the Sars virus and which could be developed for human use, the company said on Friday.
Published 26 Jun, 2004 12:00am
Japan's Mitsui joins Shell US wind power plant

Japan's Mitsui joins Shell US wind power plant

Mitsui & Co, Japan's second-biggest trading house, said on Friday it will buy a 50 percent stake in a wind power plant in the United States to tap into a growing market.
Published 26 Jun, 2004 12:00am
National Grid may buy UK phone masts for $2 billion

National Grid may buy UK phone masts for $2 billion

Britain's National Grid Transco is in talks to buy UK mobile phone and TV broadcast masts from US firm Crown Castle in a deal analysts say may cost about $2 billion and boost growth at the utility.
Published 26 Jun, 2004 12:00am
South Korea expects economic growth to slow in 2005

South Korea expects economic growth to slow in 2005

South Korea's economic growth is expected to slow to around five percent in 2005, as a recovery in domestic consumption and investment only partly make up for a slowdown in exports, the finance minister said on Friday.
Published 26 Jun, 2004 12:00am
IMF warns Russia on overheating economy

IMF warns Russia on overheating economy

The International Monetary Fund warned Russia against further stimulating a red-hot economy on Friday, saying the world's number two oil exporter was vulnerable to a possible fall in high crude prices.
Published 26 Jun, 2004 12:00am
Fired Shell boss gets payoff

Fired Shell boss gets payoff

Royal Dutch/Shell's disgraced former chairman, Phil Watts, will get a one million pound ($1.8 million) payoff, the oil giant said on Friday, but it refused to rule out legal action against him.
Published 26 Jun, 2004 12:00am
Fired Shell boss gets payoff

Fired Shell boss gets payoff

Royal Dutch/Shell's disgraced former chairman, Phil Watts, will get a one million pound ($1.8 million) payoff, the oil giant said on Friday, but it refused to rule out legal action against him.
Published 26 Jun, 2004 12:00am
China's start-ups exchange kicks off

China's start-ups exchange kicks off

China's new board for start-ups kicked off with a bang on Friday, as listing pioneer Zhejiang NHU and most of the other seven debutantes more than doubled from the outset.
Published 26 Jun, 2004 12:00am
France to send mothballed aircraft carrier to India

France to send mothballed aircraft carrier to India

France is to send its decommissioned aircraft carrier, the Clemenceau, to India to be broken down for scrap metal after taking it off the hands of a Spanish contractor which unexpectedly tried to remove it from EU waters, officials said Friday.
Published 26 Jun, 2004 12:00am
Norway halts eight-day oil strike

Norway halts eight-day oil strike

Norway's government ordered an immediate end to an eight-day oil and gas strike on Friday, averting a total shutdown of output by the world's number three crude exporter.
Published 26 Jun, 2004 12:00am
Japanese consumer prices down, easy BoJ policy to stay

Japanese consumer prices down, easy BoJ policy to stay

Japanese consumer prices fell slightly more than expected in May and June, data showed on Friday, a reminder that deflation isn't over even as the economy recovers and spelling no end to the central bank's loose monetary policy.
Published 26 Jun, 2004 12:00am
Central bankers to weigh risks as cheap money ends

Central bankers to weigh risks as cheap money ends

How to mop up a flood of cheap money without derailing financial markets or global economic recovery will feature on the agenda when central bankers meet this weekend in Basel.
Published 26 Jun, 2004 12:00am
Microsoft asks court to suspend EU sanctions

Microsoft asks court to suspend EU sanctions

Microsoft Corp has asked a European court to suspend the European Commission's decision to order changes in the way it sells its Windows software, the Court said on Friday.
Published 26 Jun, 2004 12:00am
Indian annual inflation rises

Indian annual inflation rises

India's annual wholesale inflation jumped to a higher-than-expected 5.89 percent in the week ended June 12 on a rise in food and manufactured product prices, pushing up bond yields on fears of rising interest rates.
Published 26 Jun, 2004 12:00am
Deficits too large, will be cut: Snow

Deficits too large, will be cut: Snow

US Treasury Secretary John Snow said on Friday that over-sized government deficits were a potential threat to the economy but said the Bush administration was committed to cutting them.
Published 26 Jun, 2004 12:00am
Iraq debt solution seen by year-end

Iraq debt solution seen by year-end

US President George W. Bush may prod Europeans at a summit in Ireland on Saturday to write off much of Iraq's $120 billion foreign debt, but a solution may not be reached until the year-end as divisions persist.
Published 26 Jun, 2004 12:00am
China seeks foreign funds for natural gas sector

China seeks foreign funds for natural gas sector

Energy-starved China, expecting to spend $27 billion on building its natural gas infrastructure by 2020, has called for foreign investors to give a helping hand, state media said on Friday.
Published 26 Jun, 2004 12:00am
US Treasuries rise on durable data

US Treasuries rise on durable data

Prices of US Treasury debt climbed on Thursday, supported by weak durable goods orders and flight-to-safety buying after violence in Turkey and Iraq.
Published 26 Jun, 2004 12:00am
US Treasuries rise on durable data

US Treasuries rise on durable data

Prices of US Treasury debt climbed on Thursday, supported by weak durable goods orders and flight-to-safety buying after violence in Turkey and Iraq.
Published 26 Jun, 2004 12:00am
Singapore shares move up

Singapore shares move up

Singapore shares closed slightly up on Friday but volumes were thin as caution ruled ahead of next week's US Federal Reserve Board meeting, while TeleChoice International made a lacklustre debut.
Published 26 Jun, 2004 12:00am
Hong Kong stocks higher

Hong Kong stocks higher

Hong Kong stocks ended fractionally higher on Friday after index heavyweight HSBC recouped earlier losses to end unchanged and on hopes that China plays could benefit from institutional investment from the mainland.
Published 26 Jun, 2004 12:00am
US stocks slip; AT&T slumps on forecast

US stocks slip; AT&T slumps on forecast

US stocks closed slightly lower on Thursday after investors digested a mixed batch of economic data and chose to sit tight ahead of the Federal Reserve's decision on interest rates next week.
Published 26 Jun, 2004 12:00am
Thai stocks rise on S&P upgrade rating

Thai stocks rise on S&P upgrade rating

Thai stocks rose on Friday with investors heartened by a decision by Standard and Poor's rating agency to upgrade Thai banks, but analysts expect a sullen market next week because of expectations of a US interest rate hike.
Published 26 Jun, 2004 12:00am
Taiwan shares edge higher on tech bargain hunting

Taiwan shares edge higher on tech bargain hunting

Taiwan stocks advanced for a third straight session on Friday as investors grew confident the tech sector's sharp tumble had bottomed out and snapped up bargains in the memory chip and display screen sectors.
Published 26 Jun, 2004 12:00am
Indian stocks shrug off inflation data

Indian stocks shrug off inflation data

The stock market, battered in the past month after a change in government, shrugged off the inflation data, but dealers remain cautious as a big rise in interest rates could choke both demand from consumers and a nascent industrial recovery.
Published 26 Jun, 2004 12:00am
Malaysian shares down

Malaysian shares down

Malaysian shares closed lower on Friday, led by blue chips like top lender Maybank, as investors booked profits after the market's two-day rise.
Published 26 Jun, 2004 12:00am
Seoul shares soar

Seoul shares soar

Seoul shares closed up more than two percent on Friday, as a flood of foreign buy orders swept banking and tech shares higher and with investors appearing to have factored in a widely-expected US interest rate rise.
Published 26 Jun, 2004 12:00am
Philippines stocks slightly up, PLDT leads

Philippines stocks slightly up, PLDT leads

Philippine stocks closed slightly higher on Friday, with investors buying firms that are expected to report better earnings in the second quarter like dominant phone firm PLDT and fast-food giant Jollibee, traders said.
Published 26 Jun, 2004 12:00am
Japanese stocks at eight-week high

Japanese stocks at eight-week high

Japanese shares closed at an eight-week high on Friday, adding to gains the previous day, on expectations a key central bank survey due next week will show companies are strongly optimistic about business conditions.
Published 26 Jun, 2004 12:00am
Sri Lankan stocks up

Sri Lankan stocks up

Sri Lankan stocks rose on Friday with speculation of dividend payments on blue chips driving retail interest in select stocks, brokers said.
Published 26 Jun, 2004 12:00am
Hong Kong dollar rises

Hong Kong dollar rises

The Hong Kong dollar strengthened and discounts on forwards deepened on Friday in choppy trade amid fresh talk of 'hot money' flowing into the territory.
Published 26 Jun, 2004 12:00am
Chinese yuan notches weaker

Chinese yuan notches weaker

The yuan ended two notches weaker versus the US dollar at 8.2767 on Friday, but remained near the stronger end of its managed trading range.
Published 26 Jun, 2004 12:00am
Swiss franc eases as dollar regains poise

Swiss franc eases as dollar regains poise

The Swiss franc eased against the dollar in early trade on Friday as the greenback regained some ground lost after news of violence in Iraq and Turkey had knocked the US currency lower in the course of Thursday.
Published 26 Jun, 2004 12:00am
Dollar creeps up against yen but rise seen capped

Dollar creeps up against yen but rise seen capped

The dollar crept up from 10-week lows against the yen on Friday, but its rise was seen capped by lingering geopolitical concerns and ahead of a blitz of crucial events and economic indicators next week.
Published 26 Jun, 2004 12:00am
Dollar slumps on attacks, weak US reports

Dollar slumps on attacks, weak US reports

The dollar slumped against major currencies on Thursday, undermined by violence in Iraq and Turkey, along with weak reports that dimmed the lustre of an accelerating US economy.
Published 26 Jun, 2004 12:00am
Previous Day