AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)
Brecorder Logo
May 04, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-05-29
BRIndex30 surges by 219.92 points

BRIndex30 surges by 219.92 points

On Wednesday, BRIndex30 opened at 17,099.48 and remained positive throughout the trading session. It touched an intraday high of 17,373.83 and an intraday low of 17,169.72 and closed at 17,319.40, which was 219.92 points or 1.29 percent higher than previo
Published 29 May, 2014 12:00am
BRIndex30 surges by 219.92 points

BRIndex30 surges by 219.92 points

On Wednesday, BRIndex30 opened at 17,099.48 and remained positive throughout the trading session. It touched an intraday high of 17,373.83 and an intraday low of 17,169.72 and closed at 17,319.40, which was 219.92 points or 1.29 percent higher than previo
Published 29 May, 2014 12:00am
Equities edge down

Equities edge down

The Karachi share market Wednesday closed lower, weighed by institutional profit-taking in the index heavyweights. The benchmark KSE-100 Index fell by 61 points to close at 28,987.32 points from 29,048.21 points Tuesday. Samar Iqbal AVP at Topline Securit
Published 29 May, 2014 12:00am
Equities edge down

Equities edge down

The Karachi share market Wednesday closed lower, weighed by institutional profit-taking in the index heavyweights. The benchmark KSE-100 Index fell by 61 points to close at 28,987.32 points from 29,048.21 points Tuesday. Samar Iqbal AVP at Topline Securit
Published 29 May, 2014 12:00am
Equities edge down

Equities edge down

The Karachi share market Wednesday closed lower, weighed by institutional profit-taking in the index heavyweights. The benchmark KSE-100 Index fell by 61 points to close at 28,987.32 points from 29,048.21 points Tuesday. Samar Iqbal AVP at Topline Securit
Published 29 May, 2014 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (May 28, 2014).

Published 29 May, 2014 12:00am
Obama warns US must not rush to war

Obama warns US must not rush to war

President Barack Obama Wednesday mounted a defiant defence of his foreign policy, warning America must lead the world but must do so by emboldening partners, not by blindly rushing off to war. Obama hit back at critics who charge he is weak and presiding
Published 29 May, 2014 12:00am
Obama warns US must not rush to war

Obama warns US must not rush to war

President Barack Obama Wednesday mounted a defiant defence of his foreign policy, warning America must lead the world but must do so by emboldening partners, not by blindly rushing off to war. Obama hit back at critics who charge he is weak and presiding
Published 29 May, 2014 12:00am
We're self-sufficient in defence: Prime Minister

We're self-sufficient in defence: Prime Minister

Prime Minister Nawaz Sharif has expressed his government's resolve to make Pakistan an economically viable and self-reliant country. "We are self-sufficient in the defence field and now time has come to become self-reliant on economic front," Nawaz said w
Published 29 May, 2014 12:00am
We're self-sufficient in defence: Prime Minister

We're self-sufficient in defence: Prime Minister

Prime Minister Nawaz Sharif has expressed his government's resolve to make Pakistan an economically viable and self-reliant country. "We are self-sufficient in the defence field and now time has come to become self-reliant on economic front," Nawaz said w
Published 29 May, 2014 12:00am
Polo-ground reference: Zardari acquitted

Polo-ground reference: Zardari acquitted

An accountability court on Wednesday acquitted former President Asif Ali Zardari in the polo-ground corruption reference and dismissed a petition seeking acquittal in other references filed against him by National Accountability Bureau (NAB). The accounta
Published 29 May, 2014 12:00am
Polo-ground reference: Zardari acquitted

Polo-ground reference: Zardari acquitted

An accountability court on Wednesday acquitted former President Asif Ali Zardari in the polo-ground corruption reference and dismissed a petition seeking acquittal in other references filed against him by National Accountability Bureau (NAB). The accounta
Published 29 May, 2014 12:00am
Government decides to move Supreme Court against K-Electric

Government decides to move Supreme Court against K-Electric

The Federal Government said on Wednesday that it has decided to take the case of K-Electric (formerly Karachi Electric Supply Company (KESC) to the Supreme Court as the company is still getting 350 MW from national grid in alleged violation of a decision
Published 29 May, 2014 12:00am
Government decides to move Supreme Court against K-Electric

Government decides to move Supreme Court against K-Electric

The Federal Government said on Wednesday that it has decided to take the case of K-Electric (formerly Karachi Electric Supply Company (KESC) to the Supreme Court as the company is still getting 350 MW from national grid in alleged violation of a decision
Published 29 May, 2014 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (May 28, 2014).

Published 29 May, 2014 12:00am
Government decides to move Supreme Court against K-Electric

Government decides to move Supreme Court against K-Electric

The Federal Government said on Wednesday that it has decided to take the case of K-Electric (formerly Karachi Electric Supply Company (KESC) to the Supreme Court as the company is still getting 350 MW from national grid in alleged violation of a decision
Published 29 May, 2014 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (May 28, 2014).
Published 29 May, 2014 12:00am
Coal-fired power plants: China now the only hope

Coal-fired power plants: China now the only hope

Private Power Infrastructure Board (PPIB), a subsidiary of Water and Power Ministry, said on Wednesday that China is the only hope for financing of coal-fired power projects as no other country or multilateral agency is ready to finance such projects. Min
Published 29 May, 2014 12:00am
Coal-fired power plants: China now the only hope

Coal-fired power plants: China now the only hope

Private Power Infrastructure Board (PPIB), a subsidiary of Water and Power Ministry, said on Wednesday that China is the only hope for financing of coal-fired power projects as no other country or multilateral agency is ready to finance such projects. Min
Published 29 May, 2014 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 Wednesday (May 28, 2014).

Published 29 May, 2014 12:00am
Coal-fired power plants: China now the only hope

Coal-fired power plants: China now the only hope

Private Power Infrastructure Board (PPIB), a subsidiary of Water and Power Ministry, said on Wednesday that China is the only hope for financing of coal-fired power projects as no other country or multilateral agency is ready to finance such projects. Min
Published 29 May, 2014 12:00am
Planning Commission proposes massive increase in its budget

Planning Commission proposes massive increase in its budget

Planning Commission has proposed an increase of over 700 percent in its FY2014-15 development budget to the National Economic Council (NEC) to be chaired by Prime Minister Nawaz Sharif today (Thursday). A summary of the national development programme appr
Published 29 May, 2014 12:00am
Planning Commission proposes massive increase in its budget

Planning Commission proposes massive increase in its budget

Planning Commission has proposed an increase of over 700 percent in its FY2014-15 development budget to the National Economic Council (NEC) to be chaired by Prime Minister Nawaz Sharif today (Thursday). A summary of the national development programme appr
Published 29 May, 2014 12:00am
Planning Commission proposes massive increase in its budget

Planning Commission proposes massive increase in its budget

Planning Commission has proposed an increase of over 700 percent in its FY2014-15 development budget to the National Economic Council (NEC) to be chaired by Prime Minister Nawaz Sharif today (Thursday). A summary of the national development programme appr
Published 29 May, 2014 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 Wednesday (May 28, 2014).

Published 29 May, 2014 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 Wednesday (May 28, 2014).

Published 29 May, 2014 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 Wednesday (May 28, 2014).

Published 29 May, 2014 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 29 May, 2014 12:00am
Key Pakistani Taliban faction breaks away

Key Pakistani Taliban faction breaks away

A major faction of the Pakistani Taliban on Wednesday announced it was splitting from the militant outfit following bloody clashes with a rival group since March. Observers said the split was a victory for the Pakistani military's strategy of pitting mili
Published 29 May, 2014 12:00am
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 29 May, 2014 12:00am
Key Pakistani Taliban faction breaks away

Key Pakistani Taliban faction breaks away

A major faction of the Pakistani Taliban on Wednesday announced it was splitting from the militant outfit following bloody clashes with a rival group since March. Observers said the split was a victory for the Pakistani military's strategy of pitting mili
Published 29 May, 2014 12:00am
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 29 May, 2014 12:00am
Indo-Pak talks: water disputes to figure high on agenda: Sartaj

Indo-Pak talks: water disputes to figure high on agenda: Sartaj

Describing regional peace as vital for advancing a robust economic agenda between Indian and Pakistan, Adviser to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz Wednesday said the foreign secretaries of the two countries will rest
Published 29 May, 2014 12:00am
Indo-Pak talks: water disputes to figure high on agenda: Sartaj

Indo-Pak talks: water disputes to figure high on agenda: Sartaj

Describing regional peace as vital for advancing a robust economic agenda between Indian and Pakistan, Adviser to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz Wednesday said the foreign secretaries of the two countries will rest
Published 29 May, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 29 May, 2014 12:00am
Indo-Pak talks: water disputes to figure high on agenda: Sartaj

Indo-Pak talks: water disputes to figure high on agenda: Sartaj

Describing regional peace as vital for advancing a robust economic agenda between Indian and Pakistan, Adviser to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz Wednesday said the foreign secretaries of the two countries will rest
Published 29 May, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 29 May, 2014 12:00am
KANUPP-II and KANUPP-III - A Step Towards Ending Power Crisis

KANUPP-II and KANUPP-III - A Step Towards Ending Power Crisis

Last November, Prime Minister Nawaz Sharif performed the ground breaking ceremony of Pakistan's largest nuclear power projects, Kanupp-II and Kanupp-III. China is providing two reactors alongside a concessional loan of $6.5 billion for the construction of
Published 29 May, 2014 12:00am
Message from Prime Minister of Pakistan

Message from Prime Minister of Pakistan

It is my pleasure and honour to congratulate the nation on the 16th Anniversary of Youm-e-Takbeer 28th May 1998, the day when Allah Almighty blessed Pakistani Nation in making its defence impregnable.
Published 29 May, 2014 12:00am
Message from President of Pakistan

Message from President of Pakistan

On this memorable and historic occasion of Youm-e-Takbeer, I pay tribute to all the heroes of the nation who played their part In making our defence impregnable. I also salute the armed forces of Pakistan, personnel of law enforcement agencies, and all Pa
Published 29 May, 2014 12:00am
Toepfer raises forecast of German wheat crop

Toepfer raises forecast of German wheat crop

Germany's leading grain trader Toepfer International said on Tuesday it has raised its forecast of Germany's 2014 wheat crop after recent favourable weather boosted crops. Toepfer said it forecasts Germany's 2014 wheat crop at 24.77 million tonnes against
Published 29 May, 2014 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Wednesday at Pakistan Mercantile Exchange (PMEX) value traded increased by 27.11 percent to PKR 2,338 million from PKR 1,839 million on Tuesday. Number of lots traded was reported at 12,361 and PMEX Commodity Index closed at 3,021. Major business was c
Published 29 May, 2014 12:00am
US Plains HRW wheat bids steady

US Plains HRW wheat bids steady

Spot basis bids for hard red winter wheat were steady in the southern US Plains on Tuesday, dealers said. Good rains were noted in recent days in parts of drought-hit western Kansas and might be beneficial to the new crop, some wheat experts said. "What w
Published 29 May, 2014 12:00am
China's April gold imports from Hong Kong fall

China's April gold imports from Hong Kong fall

China's imports of gold from main conduit Hong Kong fell to a 14-month low in April as importing banks were adequately stocked amid softer demand and a weaker yuan currency. The second straight monthly drop is a bad sign for gold prices as persistent weak
Published 29 May, 2014 12:00am
US FOB Gulf soyabean basis offers firmer

US FOB Gulf soyabean basis offers firmer

US FOB Gulf soyabean basis offers were steady to firmer after the close on Tuesday, with new-crop values 2 to 5 cents per bushel higher, reflecting recent Chinese interest, traders said. FOB corn and wheat basis offers were generally steady amid a drop in
Published 29 May, 2014 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 59,358 tonnes of cargo comprising 48,219 tonnes of import cargo and 11,139 tonnes of export cargo including 1,232 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of 48
Published 29 May, 2014 12:00am
Oil cake market rates

Oil cake market rates

Deliveries failed to maintain overnight levels on the forward cottonseeds oilcake market on Wednesday in the process of trading, dealers said. The May contract closed at Rs 1752.80 and it commenced with 20 paisa loss at Rs 1752.60 in the morning session,
Published 29 May, 2014 12:00am
Rates firm up as activity improves on cotton market

Rates firm up as activity improves on cotton market

Stable trend was witnessed on the cotton market on Wednesday as buyers lay hands over the fine quality to meet their requirement, dealers said. The official spot rate held the overnight level at Rs 6,950, they added. In the ready session, over 5000 bales
Published 29 May, 2014 12:00am
Kenya top-grade tea prices up

Kenya top-grade tea prices up

The highest price for top-grade Kenyan tea edged up to $3.08 per kg at this week's auction from $3.06 per kg at last week's sale, Tea Brokers East Africa said on Wednesday. Kenya is the world's leading exporter of black tea. The crop is a top foreign exch
Published 29 May, 2014 12:00am
Grams rates fall on grain market

Grams rates fall on grain market

Grams prices were down on the wholesale grain market on Wednesday owing to easy supply ahead of Ramazan but demand was low as compared with the last years, dealers said. On the grams side, grams Australia No 1 was lower by Rs 100 to Rs 5000, grams Dall Au
Published 29 May, 2014 12:00am
Saudi Sabic, Korea's SK Global Chemical set up $595 million venture

Saudi Sabic, Korea's SK Global Chemical set up $595 million venture

Saudi Basic Industries Corp, Sabic, said on Monday one of its units has entered into a $595 million 50-50 joint venture agreement with Korean petrochemical manufacturer SK Global Chemical for a refined oil products plant in Singapore. The joint venture be
Published 29 May, 2014 12:00am
France's Atos bids 620 million euros for Bull

France's Atos bids 620 million euros for Bull

Atos SE said it had agreed to buy Bull SA on Monday in an all-French IT sector deal worth 620 million euros ($845.2 million) aimed at creating Europe's biggest business in cloud operations and a leading cybersecurity company. At 4.90 euros a share, the of
Published 29 May, 2014 12:00am
France's Atos bids 620 million euros for Bull

France's Atos bids 620 million euros for Bull

Atos SE said it had agreed to buy Bull SA on Monday in an all-French IT sector deal worth 620 million euros ($845.2 million) aimed at creating Europe's biggest business in cloud operations and a leading cybersecurity company. At 4.90 euros a share, the of
Published 29 May, 2014 12:00am
Lloyds Bank launches TSB share sale to create new UK lender

Lloyds Bank launches TSB share sale to create new UK lender

Lloyds Banking Group expects to float about 25 percent of its TSB business on the London Stock Exchange next month, it said on Tuesday, kicking off a process regulators hope will create a vibrant challenger to Britain's dominant high-street lenders. Lloyd
Published 29 May, 2014 12:00am
Lloyds Bank launches TSB share sale to create new UK lender

Lloyds Bank launches TSB share sale to create new UK lender

Lloyds Banking Group expects to float about 25 percent of its TSB business on the London Stock Exchange next month, it said on Tuesday, kicking off a process regulators hope will create a vibrant challenger to Britain's dominant high-street lenders. Lloyd
Published 29 May, 2014 12:00am
Greece faces new debt threat of unpaid taxes

Greece faces new debt threat of unpaid taxes

Greece has finally made progress on balancing its spending, but data released Tuesday shows it is facing a new debt threat: unpaid taxes have soared over 66 billion euros ($90 billion). According to finance ministry figures, over 3.3 million Greeks - a th
Published 29 May, 2014 12:00am
Swiss exports rise in April as chemicals, jewellery sales shine

Swiss exports rise in April as chemicals, jewellery sales shine

Swiss exports rose in April, data showed on Tuesday, supported by an increase in sales of chemicals and jewellery that point to a more favourable outlook for the Swiss economy. Adjusted for one less working day in April, exports were up a real 5.5 percent
Published 29 May, 2014 12:00am
Canada's top banks agree to no-cost accounts for the low-income

Canada's top banks agree to no-cost accounts for the low-income

Canada's eight largest banks have agreed to provide no-cost accounts to 7 million low-income people, Finance Minister Joe Oliver said on Tuesday as part of the Conservative government's consumer protection agenda ahead of a 2015 election. The banks will i
Published 29 May, 2014 12:00am
Brazil set to pause interest rate hikes to shield economy

Brazil set to pause interest rate hikes to shield economy

Brazil will likely stop raising interest rates on Wednesday to avoid choking an already weak economy even if inflation remains stubbornly high. The central bank's 8-member monetary policy committee, known as Copom, is expected to pause one of the world's
Published 29 May, 2014 12:00am
Singapore to delay S$2 billion worth of construction

Singapore to delay S$2 billion worth of construction

  • Singapore's prime minister said on Wednesday that the government will defer S$2 billion ($1.59 billion) worth of public construction projects in order to reduce demand for foreign workers in the city-state. An influx of low-wage workers from overseas ha
Published 29 May, 2014 12:00am
Kakao to take over Daum via $3.3 billion back door listing

Kakao to take over Daum via $3.3 billion back door listing

Kakao Corp, the dominant messaging app firm in South Korea, has agreed to buy Internet portal company Daum Communications in a $3.3 billion stock deal, circumventing a potentially time-consuming IPO process with a back door listing. With the deal, Kakao i
Published 29 May, 2014 12:00am
Kakao to take over Daum via $3.3 billion back door listing

Kakao to take over Daum via $3.3 billion back door listing

Kakao Corp, the dominant messaging app firm in South Korea, has agreed to buy Internet portal company Daum Communications in a $3.3 billion stock deal, circumventing a potentially time-consuming IPO process with a back door listing. With the deal, Kakao i
Published 29 May, 2014 12:00am
Cyprus economic outlook rises to around 2010 levels

Cyprus economic outlook rises to around 2010 levels

Economic sentiment in Cyprus improved significantly in May, a publicly funded survey showed on Wednesday, reaching 2010 levels after hitting a trough due to its international bailout last year. The economic sentiment indicator (ESI) rose 2.3 points in May
Published 29 May, 2014 12:00am
Etisalat given $500 million grant by Abu Dhabi for Maroc Telecom deal

Etisalat given $500 million grant by Abu Dhabi for Maroc Telecom deal

Abu Dhabi gave Etisalat a $500 million grant towards its 4.14 billion euro ($5.64 billion) purchase of 53 percent of Maroc Telecom, the company's prospectus for a planned bond issue shows. The grant provides further evidence of the emirate's support for i
Published 29 May, 2014 12:00am
Gulf's MSCI stocks retreat; low election turnout hits Egypt index

Gulf's MSCI stocks retreat; low election turnout hits Egypt index

Most share markets in the Gulf declined on Wednesday as stocks that will enter MSCI's emerging market index were hit by profit-taking, while investors in Egypt were disappointed by unexpectedly low turnout in the presidential election. Dubai's index edged
Published 29 May, 2014 12:00am
Tokyo stocks up

Tokyo stocks up

Tokyo stocks ended 0.24 percent higher on Wednesday, extending their winning streak for a fifth straight day although profit-taking held back larger gains. The Nikkei 225 index added 34.43 points to finish at 14,670.95, while the Topix index of all first-
Published 29 May, 2014 12:00am
Wednesday's afternoon trade: stocks barely budged

Wednesday's afternoon trade: stocks barely budged

US stocks barely budged on Wednesday as an absence of economic catalysts put technicals in focus and kept the S&P 500 near its newest intraday record. The S&P 500 has gained for four straight sessions as investors' appetite for equities has been buoyed by
Published 29 May, 2014 12:00am
S&P ends at record on mergers, ECB

S&P ends at record on mergers, ECB

US stocks rose on Tuesday as the S&P 500 scored a second straight record close, buoyed by the latest round of merger activity and as expectations for rate cuts by the European Central Bank stoked investors' appetite for equities. ECB chief Mario Draghi sa
Published 29 May, 2014 12:00am
Taiwan stocks up

Taiwan stocks up

Taiwan stocks closed at their highest level since January 2011 on Wednesday, on the heels of continued positive developments in the global economy. The market was up 0.73 percent to end at 9121.71, with banks and electronics both rising more than 0.8 perc
Published 29 May, 2014 12:00am
Long-end US bonds rise

Long-end US bonds rise

US long-term bond prices rose for a second straight session on Tuesday, boosted by a combination of month-end buying by institutional investors and a relatively weak two-year auction. There has been demand for long-term Treasuries since the middle of May
Published 29 May, 2014 12:00am
Long-end US bonds rise

Long-end US bonds rise

US long-term bond prices rose for a second straight session on Tuesday, boosted by a combination of month-end buying by institutional investors and a relatively weak two-year auction. There has been demand for long-term Treasuries since the middle of May
Published 29 May, 2014 12:00am
Indian shares soar

Indian shares soar

Indian shares edged up on Wednesday as cement stocks such as UltraTech Cement rose on value buying, but broader gains were capped as foreign investors turned modest sellers while caution also prevails ahead of the expiry of May derivatives. Overseas inves
Published 29 May, 2014 12:00am
Hong Kong, China stocks up

Hong Kong, China stocks up

Hong Kong stocks ended 0.59 percent higher on Wednesday, in line with a regional rally after another record-breaking performance on Wall Street. The benchmark Hang Seng Index climbed 135.73 points to 23,080.03 on turnover of HK$71.86 billion (US $9.27 bil
Published 29 May, 2014 12:00am
Previous Day