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Print - 2012-02-04
LSE index down 3.88 points

LSE index down 3.88 points

Mixed sentiment prevailed at Lahore Stock Exchange on Friday where equities moved both ways, ending in negative zone, amid increased turnover. The LSE-25 index was marginally down by 3.88 points, ending at 3122.96 points against 3126.84 points of Thursday
Published 04 Feb, 2012 12:00am
EU planning sanctions against Iran telecoms sector

EU planning sanctions against Iran telecoms sector

European Union governments could ban the sales of some telecommunications equipment to Iran in the coming months under plans for new sanctions discussed by EU experts in Brussels. EU diplomats said on Friday the bloc''s 27 governments have reached an agre
Published 04 Feb, 2012 12:00am
EU planning sanctions against Iran telecoms sector

EU planning sanctions against Iran telecoms sector

European Union governments could ban the sales of some telecommunications equipment to Iran in the coming months under plans for new sanctions discussed by EU experts in Brussels. EU diplomats said on Friday the bloc's 27 governments have reached an agree
Published 04 Feb, 2012 12:00am
EU planning sanctions against Iran telecoms sector

EU planning sanctions against Iran telecoms sector

European Union governments could ban the sales of some telecommunications equipment to Iran in the coming months under plans for new sanctions discussed by EU experts in Brussels. EU diplomats said on Friday the bloc's 27 governments have reached an agree
Published 04 Feb, 2012 12:00am
Iran will respond to any oil, military threats: Khamenei

Iran will respond to any oil, military threats: Khamenei

Iran will respond with threats of its own to intensifying warnings of military attacks and Western sanctions, its supreme leader said Friday in remarks particularly aimed at archfoe the United States. "The United States and others have to know - and they
Published 04 Feb, 2012 12:00am
Iran will respond to any oil, military threats: Khamenei

Iran will respond to any oil, military threats: Khamenei

Iran will respond with threats of its own to intensifying warnings of military attacks and Western sanctions, its supreme leader said Friday in remarks particularly aimed at archfoe the United States. "The United States and others have to know - and they
Published 04 Feb, 2012 12:00am
Iran will respond to any oil, military threats: Khamenei

Iran will respond to any oil, military threats: Khamenei

Iran will respond with threats of its own to intensifying warnings of military attacks and Western sanctions, its supreme leader said Friday in remarks particularly aimed at archfoe the United States. "The United States and others have to know - and they
Published 04 Feb, 2012 12:00am
Iran will respond to any oil, military threats: Khamenei

Iran will respond to any oil, military threats: Khamenei

Iran will respond with threats of its own to intensifying warnings of military attacks and Western sanctions, its supreme leader said Friday in remarks particularly aimed at archfoe the United States. "The United States and others have to know - and they
Published 04 Feb, 2012 12:00am
China criticises Iran sanctions as Merkel visits

China criticises Iran sanctions as Merkel visits

China''''s premier pledged to help Europe fight its debt crisis during a meeting Friday with German Chancellor Angela Merkel but a ruling party newspaper criticised sanctions on Iran and a human rights lawyer was blocked from meeting Merkel. China is "wil
Published 04 Feb, 2012 12:00am
China criticises Iran sanctions as Merkel visits

China criticises Iran sanctions as Merkel visits

China''s premier pledged to help Europe fight its debt crisis during a meeting Friday with German Chancellor Angela Merkel but a ruling party newspaper criticised sanctions on Iran and a human rights lawyer was blocked from meeting Merkel. China is "willi
Published 04 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Friday (February 03, 2012).

Published 04 Feb, 2012 12:00am
China criticises Iran sanctions as Merkel visits

China criticises Iran sanctions as Merkel visits

China's premier pledged to help Europe fight its debt crisis during a meeting Friday with German Chancellor Angela Merkel but a ruling party newspaper criticised sanctions on Iran and a human rights lawyer was blocked from meeting Merkel. China is "willin
Published 04 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Friday (February 03, 2012).

Published 04 Feb, 2012 12:00am
China criticises Iran sanctions as Merkel visits

China criticises Iran sanctions as Merkel visits

China's premier pledged to help Europe fight its debt crisis during a meeting Friday with German Chancellor Angela Merkel but a ruling party newspaper criticised sanctions on Iran and a human rights lawyer was blocked from meeting Merkel. China is "willin
Published 04 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Friday (February 03, 2012).

Published 04 Feb, 2012 12:00am
Afghanistan allowed tariff relief under Safta

Afghanistan allowed tariff relief under Safta

Pakistan on Friday for the first time allowed import tariff concessions to Afghanistan under the South Asia Free Trade Agreement (Sata). The Federal Board of Revenue (FBR) has amended SRO 1274 (I) 2006 dated December 29, 2008 through SRO 80(I) 2012 issued
Published 04 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Friday (February 03, 2012).

Published 04 Feb, 2012 12:00am
Afghanistan allowed tariff relief under Safta

Afghanistan allowed tariff relief under Safta

Pakistan on Friday for the first time allowed import tariff concessions to Afghanistan under the South Asia Free Trade Agreement (Sata). The Federal Board of Revenue (FBR) has amended SRO 1274 (I) 2006 dated December 29, 2008 through SRO 80(I) 2012 issued
Published 04 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Friday (February 03, 2012).

Published 04 Feb, 2012 12:00am
Afghanistan allowed tariff relief under Safta

Afghanistan allowed tariff relief under Safta

Pakistan on Friday for the first time allowed import tariff concessions to Afghanistan under the South Asia Free Trade Agreement (Sata). The Federal Board of Revenue (FBR) has amended SRO 1274 (I) 2006 dated December 29, 2008 through SRO 80(I) 2012 issued
Published 04 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Friday (February 03, 2012).

Published 04 Feb, 2012 12:00am
Afghanistan allowed tariff relief under Safta

Afghanistan allowed tariff relief under Safta

Pakistan on Friday for the first time allowed import tariff concessions to Afghanistan under the South Asia Free Trade Agreement (Sata). The Federal Board of Revenue (FBR) has amended SRO 1274 (I) 2006 dated December 29, 2008 through SRO 80(I) 2012 issued
Published 04 Feb, 2012 12:00am
Pakistan, Indonesia sign crucial PTA

Pakistan, Indonesia sign crucial PTA

Pakistan and Indonesia signed Preferential Trade Agree-ment (PTA) on Friday, in the absence of Commerce Minister Amin Fahim. The agreement, allegedly pushed by top palm oil importers through a ''special instrument'', was inked by Indonesian Minister of Tr
Published 04 Feb, 2012 12:00am
Pakistan, Indonesia sign crucial PTA

Pakistan, Indonesia sign crucial PTA

Pakistan and Indonesia signed Preferential Trade Agree-ment (PTA) on Friday, in the absence of Commerce Minister Amin Fahim. The agreement, allegedly pushed by top palm oil importers through a 'special instrument', was inked by Indonesian Minister of Trad
Published 04 Feb, 2012 12:00am
Pakistan, Indonesia sign crucial PTA

Pakistan, Indonesia sign crucial PTA

Pakistan and Indonesia signed Preferential Trade Agree-ment (PTA) on Friday, in the absence of Commerce Minister Amin Fahim. The agreement, allegedly pushed by top palm oil importers through a 'special instrument', was inked by Indonesian Minister of Trad
Published 04 Feb, 2012 12:00am
BRIndex30 up 34.74 points

BRIndex30 up 34.74 points

On Friday, the BRIndex30 opened at 9,069.4 3 points. It touched the intra-day high of 9,131.55 points and low of 9,062.20 points, and closed at 9,104.17 points with a net positive change of 34.74 points, or 0.38 percent higher than previous close. The vol
Published 04 Feb, 2012 12:00am
BRIndex30 up 34.74 points

BRIndex30 up 34.74 points

On Friday, the BRIndex30 opened at 9,069.4 3 points. It touched the intra-day high of 9,131.55 points and low of 9,062.20 points, and closed at 9,104.17 points with a net positive change of 34.74 points, or 0.38 percent higher than previous close. The vol
Published 04 Feb, 2012 12:00am
Index gains 52.84 points

Index gains 52.84 points

The KSE-100 index on Friday increased by 52.84 points and closed at 11,982.62 level on the back of selective buying in late hours. The market witnessed a mixed trend with the index oscillating between 12,006.23 points intra-day high and 11,921.02 points i
Published 04 Feb, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (February 03, 2012).

Published 04 Feb, 2012 12:00am
Index gains 52.84 points

Index gains 52.84 points

The KSE-100 index on Friday increased by 52.84 points and closed at 11,982.62 level on the back of selective buying in late hours. The market witnessed a mixed trend with the index oscillating between 12,006.23 points intra-day high and 11,921.02 points i
Published 04 Feb, 2012 12:00am
Index gains 52.84 points

Index gains 52.84 points

The KSE-100 index on Friday increased by 52.84 points and closed at 11,982.62 level on the back of selective buying in late hours. The market witnessed a mixed trend with the index oscillating between 12,006.23 points intra-day high and 11,921.02 points i
Published 04 Feb, 2012 12:00am
New York sues banks over fraudulent foreclosures

New York sues banks over fraudulent foreclosures

The state of New York sued major US banks on Friday for fraudulently foreclosing on thousands of homeowners in the state in the wake of the nation-wide housing crash. The state is suing J.P. Morgan Chase, Bank of America and Wells Fargo, along with Virgin
Published 04 Feb, 2012 12:00am
New York sues banks over fraudulent foreclosures

New York sues banks over fraudulent foreclosures

The state of New York sued major US banks on Friday for fraudulently foreclosing on thousands of homeowners in the state in the wake of the nation-wide housing crash. The state is suing J.P. Morgan Chase, Bank of America and Wells Fargo, along with Virgin
Published 04 Feb, 2012 12:00am
New York sues banks over fraudulent foreclosures

New York sues banks over fraudulent foreclosures

The state of New York sued major US banks on Friday for fraudulently foreclosing on thousands of homeowners in the state in the wake of the nation-wide housing crash. The state is suing J.P. Morgan Chase, Bank of America and Wells Fargo, along with Virgin
Published 04 Feb, 2012 12:00am
Joint exploration of hydropower: Pakistan, Qatar may sign two MoUs

Joint exploration of hydropower: Pakistan, Qatar may sign two MoUs

Pakistan and Qatar are likely to sign two Memoranda of Understanding (MoUs) according to which the two countries will jointly explore development of hydropower, identification of sources of financing, exploration of investment opportunities in energy sect
Published 04 Feb, 2012 12:00am
Joint exploration of hydropower: Pakistan, Qatar may sign two MoUs

Joint exploration of hydropower: Pakistan, Qatar may sign two MoUs

Pakistan and Qatar are likely to sign two Memoranda of Understanding (MoUs) according to which the two countries will jointly explore development of hydropower, identification of sources of financing, exploration of investment opportunities in energy sect
Published 04 Feb, 2012 12:00am
Joint exploration of hydropower: Pakistan, Qatar may sign two MoUs

Joint exploration of hydropower: Pakistan, Qatar may sign two MoUs

Pakistan and Qatar are likely to sign two Memoranda of Understanding (MoUs) according to which the two countries will jointly explore development of hydropower, identification of sources of financing, exploration of investment opportunities in energy sect
Published 04 Feb, 2012 12:00am
UK energy secretary quits over criminal charges

UK energy secretary quits over criminal charges

British Energy Secretary Chris Huhne resigned on Friday after learning he would face criminal charges for allegedly lying to police, a fall from grace that could tweak the dynamics of the coalition government and weaken its environmental agenda. The scand
Published 04 Feb, 2012 12:00am
UK energy secretary quits over criminal charges

UK energy secretary quits over criminal charges

British Energy Secretary Chris Huhne resigned on Friday after learning he would face criminal charges for allegedly lying to police, a fall from grace that could tweak the dynamics of the coalition government and weaken its environmental agenda. The scand
Published 04 Feb, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (February 03, 2012).

Published 04 Feb, 2012 12:00am
Swiss probe 12 banks over interbank lending rates

Swiss probe 12 banks over interbank lending rates

Switzerland said on Friday it was investigating a dozen US, European and Japanese banks suspected of conspiring to manipulate interbank lending rates used to set interest rates on hundreds of trillions of dollars of securities. The Swiss Competition Commi
Published 04 Feb, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (February 03, 2012).
Published 04 Feb, 2012 12:00am
Swiss probe 12 banks over interbank lending rates

Swiss probe 12 banks over interbank lending rates

Switzerland said on Friday it was investigating a dozen US, European and Japanese banks suspected of conspiring to manipulate interbank lending rates used to set interest rates on hundreds of trillions of dollars of securities. The Swiss Competition Commi
Published 04 Feb, 2012 12:00am
Swiss probe 12 banks over interbank lending rates

Swiss probe 12 banks over interbank lending rates

Switzerland said on Friday it was investigating a dozen US, European and Japanese banks suspected of conspiring to manipulate interbank lending rates used to set interest rates on hundreds of trillions of dollars of securities. The Swiss Competition Commi
Published 04 Feb, 2012 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (February 03, 2012).

Published 04 Feb, 2012 12:00am
Euro finance ministers scrap meeting

Euro finance ministers scrap meeting

Eurozone finance ministers scrapped plans to meet Monday, just days before a bond swap to avoid a default is due to start. The decision came despite comments that a deal to restructure Greece''s massive debt was close. Greek officials had earlier built up
Published 04 Feb, 2012 12:00am
Euro finance ministers scrap meeting

Euro finance ministers scrap meeting

Eurozone finance ministers scrapped plans to meet Monday, just days before a bond swap to avoid a default is due to start. The decision came despite comments that a deal to restructure Greece's massive debt was close. Greek officials had earlier built up
Published 04 Feb, 2012 12:00am
Euro finance ministers scrap meeting

Euro finance ministers scrap meeting

Eurozone finance ministers scrapped plans to meet Monday, just days before a bond swap to avoid a default is due to start. The decision came despite comments that a deal to restructure Greece's massive debt was close. Greek officials had earlier built up
Published 04 Feb, 2012 12:00am
Coalition government to present fifth annual budget: Prime Minister

Coalition government to present fifth annual budget: Prime Minister

Prime Minister Syed Yousuf Raza Gilani has said that Senate elections will be held as per schedule and the government will talk about general election with other political parties after FY2012-13 if there is a need to discuss it. Gilani made these remarks
Published 04 Feb, 2012 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (February 03, 2012).

Published 04 Feb, 2012 12:00am
Coalition government to present fifth annual budget: Prime Minister

Coalition government to present fifth annual budget: Prime Minister

Prime Minister Syed Yousuf Raza Gilani has said that Senate elections will be held as per schedule and the government will talk about general election with other political parties after FY2012-13 if there is a need to discuss it. Gilani made these remarks
Published 04 Feb, 2012 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (February 03, 2012).

Published 04 Feb, 2012 12:00am
Coalition government to present fifth annual budget: Prime Minister

Coalition government to present fifth annual budget: Prime Minister

Prime Minister Syed Yousuf Raza Gilani has said that Senate elections will be held as per schedule and the government will talk about general election with other political parties after FY2012-13 if there is a need to discuss it. Gilani made these remarks
Published 04 Feb, 2012 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (February 03, 2012).

Published 04 Feb, 2012 12:00am
Nasdaq at 11-year high

Nasdaq at 11-year high

A surge in hiring in the world''s largest economy last month drove US stocks higher on Friday, with the Nasdaq hitting an 11-year high as optimism grew that the labour market is on a steady path to recovery. The broad-based gains on solid trading volume a
Published 04 Feb, 2012 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 04 Feb, 2012 12:00am
Nasdaq at 11-year high

Nasdaq at 11-year high

A surge in hiring in the world's largest economy last month drove US stocks higher on Friday, with the Nasdaq hitting an 11-year high as optimism grew that the labour market is on a steady path to recovery. The broad-based gains on solid trading volume al
Published 04 Feb, 2012 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Friday (February 03, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover f
Published 04 Feb, 2012 12:00am
Nasdaq at 11-year high

Nasdaq at 11-year high

A surge in hiring in the world's largest economy last month drove US stocks higher on Friday, with the Nasdaq hitting an 11-year high as optimism grew that the labour market is on a steady path to recovery. The broad-based gains on solid trading volume al
Published 04 Feb, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:.

Published 04 Feb, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:.

Published 04 Feb, 2012 12:00am
BRIDGE NOTES: Not blindly but logically

BRIDGE NOTES: Not blindly but logically

In bride, the most essential ingredient for success is gathering logical inferences from the defenders bidding, opening lead and subsequent play. For bridge is a game of logic and judgement. It is a game of extracting the best percentage play out of the s
Published 04 Feb, 2012 12:00am
ART FACTS: Jimmy Engineer's journey

ART FACTS: Jimmy Engineer's journey

An artist of diversified skills and an inspiring icon Jimmy Engineer launched an exquisite biography "In Search of My Master: Jimmy Engineer" recently at Convention Centre, DHA Golf Club, Karachi. Written by noted art critic Marjorie Husain the book carri
Published 04 Feb, 2012 12:00am
Karachi Chronicle: Jobless youth

Karachi Chronicle: Jobless youth

Political rallies are all the rage in Karachi these days. From the established political parties to the third rate ones, they all manage to draw huge crowds. It makes you wonder, can the multitudes be a yardstick for the popularity of these parties? Repor
Published 04 Feb, 2012 12:00am
Not just surviving but thriving

Not just surviving but thriving

The Islamic Revolution in Iran marks it's 33rd anniversary this year. Despite facing strong opposing forces that any such revolution faces in its evolutionary phases it not only survived but thrived. The question emerges as to what constituted the mosaic
Published 04 Feb, 2012 12:00am
Sri Lanka - The wonder of Asia

Sri Lanka - The wonder of Asia

Sri Lanka, crowned as the Pearl of the Indian Ocean, is home to some of the finest spectacles of natural beauty known to man. An island considered to be en route to paradise, surrounded by both the Indian Ocean and the mystique of an enduring and diverse
Published 04 Feb, 2012 12:00am
Ceylon tea - Pure sophistication

Ceylon tea - Pure sophistication

Sri Lanka, though relatively small in size, is the world's forth largest tea producer. Its' annual tea production is approx. 320 million kgs, which accounts for 9% of the world tea production. Sri Lanka exports most of its tea, making it the world's secon
Published 04 Feb, 2012 12:00am