New Jubilee Life Insurance Sarmaya Growth Fund Rates on Monday (November 24, 2008).

Bearish sentiments prevailed on the Lahore Stock Exchange on Monday and equities registered declines amid highly reduced trading turnover in the absence of buying support. The LSE-25 index marginally declined by 1.74 points to close at 2823.62 against las

New Jubilee Life Insurance Pension Fund Rates on Monday (November 24, 2008).

Bearish sentiments prevailed on the Lahore Stock Exchange on Monday and equities registered declines amid highly reduced trading turnover in the absence of buying support. The LSE-25 index marginally declined by 1.74 points to close at 2823.62 against las

New Jubilee Life Insurance Pension Fund Rates on Monday (November 24, 2008).

The Securities and Exchange Commission of Pakistan (SECP) has detected as many as 95 applicants apparently registered who were issued certificates illegally during the period from August 20, 2000 to August 2005 to act as insurance surveyors retrospectivel

New Jubilee Life Insurance Pension Fund Rates on Monday (November 24, 2008).

On Monday, BRIndex30 remained unchanged throughout the trading time. It opened at 8,995.65 and closed at 8,995.65. Volume was 500 as against 146,700 recorded by KSE-All Share and 100 recorded by KSE-100 Indices. BR Cement Index closed at 896.59 with a net

New Jubilee Life Insurance Managed Growth Fund Rates on Monday (November 24, 2008).

On Monday, BRIndex30 remained unchanged throughout the trading time. It opened at 8,995.65 and closed at 8,995.65. Volume was 500 as against 146,700 recorded by KSE-All Share and 100 recorded by KSE-100 Indices. BR Cement Index closed at 896.59 with a net

New Jubilee Life Insurance Managed Growth Fund Rates on Monday (November 24, 2008).

The benchmark KSE-100 index once again remained unchanged at 9,187.10 points level as the investors opted to remain at the sidelines over the uncertainty on removal of floor. Some activity however was witnessed in the second tier stocks, that supported th

New Jubilee Life Insurance Managed Growth Fund Rates on Monday (November 24, 2008).

The benchmark KSE-100 index once again remained unchanged at 9,187.10 points level as the investors opted to remain at the sidelines over the uncertainty on removal of floor. Some activity however was witnessed in the second tier stocks, that supported th

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (November 24, 2008).

The benchmark KSE-100 index once again remained unchanged at 9,187.10 points level as the investors opted to remain at the sidelines over the uncertainty on removal of floor. Some activity however was witnessed in the second tier stocks, that supported th

Closing of sterling rates at 1730 GMT - on Monday (November 24, 2008).

President Asif Ali Zardari and President Sheikh Khalifa bin Zayed al Nahyan of the United Arab Emirates on Monday expressed their resolve to upgrade and further strengthen their existing bilateral ties, particularly in trade and economic fields for the mu

US treasuries bid yields on Monday (November 24, 2008).

President Asif Ali Zardari and President Sheikh Khalifa bin Zayed al Nahyan of the United Arab Emirates on Monday expressed their resolve to upgrade and further strengthen their existing bilateral ties, particularly in trade and economic fields for the mu

US treasuries bid yields on Monday (November 24, 2008).

President Asif Ali Zardari and President Sheikh Khalifa bin Zayed al Nahyan of the United Arab Emirates on Monday expressed their resolve to upgrade and further strengthen their existing bilateral ties, particularly in trade and economic fields for the mu

US treasuries bid yields on Monday (November 24, 2008).

Country has received some $97.5 million sent by "Temasek Singapore" for acquisition of NIB Bank''''s right shares under its plan to raise a paid-up capital of the bank up to Rs 40 billion, banking sources told Business Recorder on Monday.

US treasuries bid prices on Monday (November 24, 2008).

Country has received some $97.5 million sent by "Temasek Singapore" for acquisition of NIB Bank''s right shares under its plan to raise a paid-up capital of the bank up to Rs 40 billion, banking sources told Business Recorder on Monday.

US treasuries bid prices on Monday (November 24, 2008).

Country has received some $97.5 million sent by "Temasek Singapore" for acquisition of NIB Bank's right shares under its plan to raise a paid-up capital of the bank up to Rs 40 billion, banking sources told Business Recorder on Monday.

US treasuries bid prices on Monday (November 24, 2008).

Country has received some $97.5 million sent by "Temasek Singapore" for acquisition of NIB Bank's right shares under its plan to raise a paid-up capital of the bank up to Rs 40 billion, banking sources told Business Recorder on Monday.

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (November 24, 2008).

The Finance Ministry has approved Rs 28 billion for procurement of one million tonnes of rice by Pakistan Agriculture Storage and Services Corporation (Passco) from the rice mill owners, well-placed sources told Business Recorder here on Monday. Ac

London Interbank Offered Rates (LIBOR) on Monday (November 24, 2008).

The Finance Ministry has approved Rs 28 billion for procurement of one million tonnes of rice by Pakistan Agriculture Storage and Services Corporation (Passco) from the rice mill owners, well-placed sources told Business Recorder here on Monday. Ac

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (November 24, 2008).

The Finance Ministry has approved Rs 28 billion for procurement of one million tonnes of rice by Pakistan Agriculture Storage and Services Corporation (Passco) from the rice mill owners, well-placed sources told Business Recorder here on Monday. Ac

Money market report by Khadim Ali Shah Bukhari & Co on Monday (November 24, 2008).

The Individual ratings of these banks reflect their modest balance sheet strength in an international context, and generally good profitability. The ratings also factor the very volatile operating environment in Pakistan, which poses significant challenge

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Monday (November 24, 2008).

The Individual ratings of these banks reflect their modest balance sheet strength in an international context, and generally good profitability. The ratings also factor the very volatile operating environment in Pakistan, which poses significant challenge

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Monday (November 24, 2008).

The Individual ratings of these banks reflect their modest balance sheet strength in an international context, and generally good profitability. The ratings also factor the very volatile operating environment in Pakistan, which poses significant challenge

Interest rates on old and incremental FCY deposits on Monday (November 24, 2008).

Prime Minister Syed Yousuf Raza Gilani has allowed the Trading Corporation of Pakistan to supply 19,400 tons of sugar to Army and Air Force on prevalent prices, official sources told Business Recorder.

London Interbank Offer Rates on for calculating interest on special US dollar on Monday (November 24, 2008).

Prime Minister Syed Yousuf Raza Gilani has allowed the Trading Corporation of Pakistan to supply 19,400 tons of sugar to Army and Air Force on prevalent prices, official sources told Business Recorder.

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (November 24, 2008).

Prime Minister Syed Yousuf Raza Gilani has allowed the Trading Corporation of Pakistan to supply 19,400 tons of sugar to Army and Air Force on prevalent prices, official sources told Business Recorder.

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (November 24, 2008).

Some companies involved in fraudulent activities have adopted different methods to bar the Securities and Exchange Commission of Pakistan (SECP) from inspection of their records under the Companies Ordinance 1984. Sources told Business Recorder on

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (November 24, 2008).

Some companies involved in fraudulent activities have adopted different methods to bar the Securities and Exchange Commission of Pakistan (SECP) from inspection of their records under the Companies Ordinance 1984. Sources told Business Recorder on

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 Comm

Some companies involved in fraudulent activities have adopted different methods to bar the Securities and Exchange Commission of Pakistan (SECP) from inspection of their records under the Companies Ordinance 1984. Sources told Business Recorder on

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

Pakistan is seeking 50,000 tons of crude oil per day on deferred payment from Iran to overcome oil shortage and secure the rapidly depleting foreign exchange reserves, sources in the Petroleum Ministry told Business Recorder on Monday. This is in a

Karachi interbank rates on Monday (November 24, 2008).

Pakistan is seeking 50,000 tons of crude oil per day on deferred payment from Iran to overcome oil shortage and secure the rapidly depleting foreign exchange reserves, sources in the Petroleum Ministry told Business Recorder on Monday. This is in a

All timings are in PST (Pakistan Standard Time).

Pakistan is seeking 50,000 tons of crude oil per day on deferred payment from Iran to overcome oil shortage and secure the rapidly depleting foreign exchange reserves, sources in the Petroleum Ministry told Business Recorder on Monday. This is in a

The trading in Kenyan tea moved down on Jodia Bazaar here on Monday. The following variations were noted.

The government has deferred the proposal to empower the Oil and Gas Regulatory Authority (Ogra) to determine furnace oil prices; and is working to authorise Ogra to play a monitoring role to maintain checks and balance on prices in the country.

Spot basis bids for soyabeans rose at processors around the US Midwest on Monday after weeks of slow country movement left some of those locations short of crushing supplies. Cash bids for soyabeans held steady at elevators around the region, grain dealer

The government has deferred the proposal to empower the Oil and Gas Regulatory Authority (Ogra) to determine furnace oil prices; and is working to authorise Ogra to play a monitoring role to maintain checks and balance on prices in the country.

Bearish trend was seen on the cotton market on Monday as prices failed to resist further decline after delay in the ginners and Trading Corporation of Pakistan (TCP) meeting, dealers said. The official spot rate was lowered by Rs 75 to Rs 2875, they said.

The government has deferred the proposal to empower the Oil and Gas Regulatory Authority (Ogra) to determine furnace oil prices; and is working to authorise Ogra to play a monitoring role to maintain checks and balance on prices in the country.

Declining trend persisted on the grain market on Monday as most of the commodities tended lower in process of slow trading, dealers said. On the cereal side wheat new bardana quoted at Rs 2815 during the day, sugar shed Rs 50 to Rs 3200-3350.

Nato commanders in Afghanistan need more troops and equipment to combat the Taliban, the alliance's top officer warned on Monday, as insurgent attacks mount in southern and eastern regions. US General John Craddock said that, based on a new assessment, th

No London copper prices pared losses on Monday and Shanghai futures recovered from a four-year low after reports that the US government would prop up struggling US bank, Citigroup. Washington agreed to a $306 billion rescue plan for Citigroup Inc, agreein

President-elect Barack Obama Monday presented a selection of "the best minds in America" headed by Timothy Geithner as Treasury boss to guide his ambitious plan to revive the stricken US economy.

Gold fell nearly 2 percent on Monday after rising briefly to a 5-week high above $800, with dealers locking in profits after a two-day rally, but some analysts said another round of safe-haven buying could be nigh. Gold posted its biggest daily percentage

President-elect Barack Obama Monday presented a selection of "the best minds in America" headed by Timothy Geithner as Treasury boss to guide his ambitious plan to revive the stricken US economy.

The world's top rubber producers meet this week to look for ways to lift prices hovering near their lowest in nearly four years, but reversing the slide will be tough, because of plunging car sales and mounting stockpiles. The International Rubber Consort

President-elect Barack Obama Monday presented a selection of "the best minds in America" headed by Timothy Geithner as Treasury boss to guide his ambitious plan to revive the stricken US economy.

Indian sugar futures fell on Monday in anticipation of higher deliveries as millers cleared their old stocks, but delay in crushing of new crop cane in a key state cushioned the drop. At 2:10 pm (0840 GMT), the December contract on the National Commodity

Heads and chief executives of two major UAE companies including the Abu Dhabi Fund for Development and Etisalat separately called on President Asif Ali Zardari here on Monday and expressed their keenness to further invest in different fields in Pakistan.

Oil rose 1.3 percent to above $50 a barrel on Monday, giving up early gains, as worries over the global economy returned to the fore centring on Citigroup's ability to survive, but hopes Opec might cut output again as early as this week helped buoy prices

Heads and chief executives of two major UAE companies including the Abu Dhabi Fund for Development and Etisalat separately called on President Asif Ali Zardari here on Monday and expressed their keenness to further invest in different fields in Pakistan.

Indian Oil Corp (IOC) sold at least 90,000 tonnes of naphtha for December lifting at narrower discounts compared to November cargoes because of short-covering, traders said on Monday. The state-owned firm sold 30,000 tonnes of the petrochemical feedstock

Heads and chief executives of two major UAE companies including the Abu Dhabi Fund for Development and Etisalat separately called on President Asif Ali Zardari here on Monday and expressed their keenness to further invest in different fields in Pakistan.

Vietnam's coffee exports for November are forecast to fall 28.6 percent from a year ago to an estimated 50,000 tonnes, or 0.83 million bags, the government's statistics office said on Monday. The General Statistic Office also revised down coffee shipments

International Monetary Fund (IMF) on Monday approved $7.6 billion bailout package for Pakistan, Aaj TV reported. Pakistan is likely to get between $3.5 billion and $4 billion initially while the rest will be distributed in six equal instalments. Th

Malaysia will tap 400 million ringgit ($110 million) from a palm oil stabilisation fund to boost palm biodiesel production and replanting of oil palm trees, an industry official said on Monday. Of the amount, 200 million ringgit will be used for biodiesel

International Monetary Fund (IMF) on Monday approved $7.6 billion bailout package for Pakistan, Aaj TV reported. Pakistan is likely to get between $3.5 billion and $4 billion initially while the rest will be distributed in six equal instalments. Th

Russian grain and sunseed markets continued on a downward trend last week, although prices for some cereals began to stabilise and even edged up due to government purchases and demand from exporters, analysts said. The domestic ordinary wheat export price

International Monetary Fund (IMF) on Monday approved $7.6 billion bailout package for Pakistan, Aaj TV reported. Pakistan is likely to get between $3.5 billion and $4 billion initially while the rest will be distributed in six equal instalments. Th

Malaysian tin edged up 0.9 percent on Monday following gains at the London Metal Exchange(LME) and a lack of supply at the opening price level, one dealer said.

Prime Minister Syed Yousuf Raza Gilani has assured foreign businessmen to provide maximum possible security to them and their businesses in Pakistan. He was speaking at the inauguration of 5th International Defence Exhibition and Seminar (IDEAS) 2008 at K

US grain and soybean futures were firmer on Monday, lifted by a rescue plan for banking giant Citigroup, but the rebound from sharp losses on Friday was modest as recession gloom persisted. Asian and European stocks rallied after the US government's weeke

Prime Minister Syed Yousuf Raza Gilani has assured foreign businessmen to provide maximum possible security to them and their businesses in Pakistan. He was speaking at the inauguration of 5th International Defence Exhibition and Seminar (IDEAS) 2008 at K

Malaysian palm futures closed nearly 2 percent higher on Monday on hopes that demand will rise ahead of the Chinese New Year festival early next year, traders said. Palm oil sustained its gains in late trade, shrugging off a weaker turn in crude oil, as t

Prime Minister Syed Yousuf Raza Gilani has assured foreign businessmen to provide maximum possible security to them and their businesses in Pakistan. He was speaking at the inauguration of 5th International Defence Exhibition and Seminar (IDEAS) 2008 at K

A South Korean court on Monday rejected claims that the 2003 sale of Korea Exchange Bank (KEB) to US investment firm Lone Star was illegal, a verdict that may clear a key hurdle to putting control of the bank back up for sale.

The International Monetary Fund (IMF) has offered Turkey 19 billion dollars (15 billion euros) in credit despite the government's push for a larger loan, the Zaman newspaper reported on Monday. Turkish officials have declined to reveal the amount Ankara i

British finance minister Alistair Darling raised his forecast for government borrowing on Monday to 78 billion pounds ($116.3 billion) in 2008/9 from an estimate of 43 billion pounds made in March. He predicted borrowing of 118 billion pounds in 2009/10 -

Shares in China's largest home appliance chain were suspended Monday amid reports its billionaire owner, the nation's second-richest man, had been detained on suspicion of market manipulation.

Falling demand for cars cut eurozone industrial new orders by more than expected in September from August, pointing to a deep industrial recession and further interest rate cuts by the European Central Bank. Orders in the 15-country currency area fell 3.9

Asian economic growth will slow sharply as major industrial economies contract and financial firms reduce risky assets, the International Monetary Fund said on Monday. It said growth would likely start to pick up again late in 2009, but a recovery would b

Ukraine on Monday vowed to pay off its debts for gas pumped from Russia, dispatching a delegation to Moscow for urgent talks after threats by the Russian energy giant Gazprom to halt deliveries. Ukraine state gas company Naftogaz "will honour its debt to

An Iranian official said Iran was importing wheat from the United States via intermediaries, a newspaper reported on Monday, in the first official admission that such an indirect trade was taking place. Asked by Kargozaran newspaper whether Iran was buyin