Business Recorder articles from December 2011, page 10

Business Recorder archives from December 2011

Barclays bid rates and maximum rates for payment of interest.
December 27, 2011... Byline: RECORDER REPORT ======================================================== INTEREST PAYABLE ON FE DEPOSITS ======================================================== BBA BID MAXIMUM RATES RATES FOR PAYMENT OF INTEREST BY AUTHORISED DEALERS...

Exchange rates: buying and selling.
December 27, 2011... Byline: RECORDER REPORT ========================================= Countries Selling Buying Buying TT&OD TT Clean OD/T.CHQ ========================================= U.S.A. 89.10 89.90 88.67 U.K. 139.07 138.76 138.38 EURO 116.33 116.07 115.75...

Conversion for foreign currency deposits.
December 27, 2011... Byline: RECORDER REPORT =============================================== US DOLLAR POUND STERLING EURO JAPANESE YEN =============================================== 89.1199 139.8559 116.4708 1.1414 ===============================================...

Currency notes: exchange rates.
December 27, 2011... Byline: RECORDER REPORT ============================================= AUTHORISED DEALERS' RATES FOR CURRENCY NOTES ============================================= COUNTRY SELLING BUYING ============================================= U.S.A 89.99...

LIBOR calculating interest on US dollar.
December 27, 2011... Byline: RECORDER REPORT ========================================= BONDS LIBOR VALUE ========================================= 6 MTHS US DOLLAR 0.7995 26-12-2011 ========================================= London Interbank Offer Rates on for...

Interest rates on old and incremental FCY deposits.
December 27, 2011... Byline: RECORDER REPORT ================== Rates % pa ================== USD 0.1000 GBP 0.1000 JPY 0.0000 ================== Interest rates on old and incremental FCY deposits on Monday (December 26, 2011). Copyright 2011 Business Recorder

Interest rates on new foreign currency deposits.
December 27, 2011... Byline: RECORDER REPORT ================================================= INTEREST RATES ON NEW FOREIGN CURRENCY DEPOSITS US DOLLAR ================================================= PERIOD FOR THE MONTH OF DECEMBER 2011 % PA...

Bill buying rates per unit of currency.
December 27, 2011... Byline: RECORDER REPORT ======================================================================== BILL BUYING RATES PER UNIT OF CURRENCY ======================================================================== Bill 30 Days 60 Days 90 Days 120...

Banks' rates for currency notes (buying and selling).
December 27, 2011... Byline: RECORDER REPORT =================================== Selling Buying =================================== US DOLLAR 89.99 87.79 SAUDI RIYAL 24.00 23.41 UK POUND STG 140.46 137.00 JAPANESE YEN 1.1540 1.1256 EURO 117.50 114.59 U.A.E. 24.50...

Money Market Report.
December 27, 2011... Byline: RECORDER REPORT Money market report by Khadim Ali Shah Bukhari & Co on Monday (December 26, 2011). ================================================================= Repo Rates (Yield p a)...

Spot dollar rates.
December 27, 2011... Byline: RECORDER REPORT ======================================= Ex Interbank Rate PKR against USD ======================================= BID OFFER CLOSE ======================================= Ready 89.4200 89.4400 89.4300 1 week 89.6300...

London Interbank Offered Rates.
December 27, 2011... Byline: RECORDER REPORT ====================================================== Rates at 11:00 London time Monday (December 26, 2011) ====================================================== USD GBP CAD EUR JPY...

Open market rates of foreign currencies.
December 27, 2011... Byline: RECORDER REPORT ========================================================================= CURRENCY BUYING SELLING CURRENCY BUYING SELLING ========================================================================= US$ O/M 89.50 89.70 Hong...

Currency values in terms of Special Drawing Rights.
December 27, 2011... Byline: RECORDER REPORT ====================================================================================== December 24, 2011 ====================================================================================== Currency units per SDR SDR...

US treasuries bid prices.
December 27, 2011... Byline: RECORDER REPORT ======================================================================================= US TREASURIES (BID PRICES) ======================================================================================= DATE 1 MO 3 MO 6...

US treasuries bid yields.
December 27, 2011... Byline: RECORDER REPORT =========================================================================== US TREASURIES (BID YIELDS) =========================================================================== DATE 1 MO 3 MO 6 MO 1 YR 2 YR 3 YR 5 YR 7...

Pakistan Government International Bonds.
December 27, 2011... Byline: RECORDER REPORT ====================================================================== Pakistan Government International Bonds ====================================================================== Bid Offer Bid Offer Mid Mid Maturity...

World currencies and euro.
December 27, 2011... Byline: RECORDER REPORT ======================================================= COUNTRY CURRENCY VALUE OF EURO ======================================================= Afghanistan (Afghani) 56.5457 Albania (Lek) 138.037 Algeria (Dinar) 97.1898...

NJLI Managed Growth Fund Rates.
December 27, 2011... Byline: RECORDER REPORT ===================== Offer Price 611.82 Bid Price 581.22 ===================== New Jubilee Life Insurance Managed Growth Fund Rates on Monday (December 26, 2011). Copyright 2011 Business Recorder

NJLI Capital Growth Fund Rates.
December 27, 2011... Byline: RECORDER REPORT ===================== Offer Price 243.91 Bid Price 231.70 ===================== New Jubilee Life Insurance Capital Growth Fund Rates on Monday (December 26, 2011). Copyright 2011 Business Recorder

NJLI MEESEQ Fund Rates.
December 27, 2011... Byline: RECORDER REPORT ===================== Offer Price 585.86 Bid Price 556.56 ===================== NJLI Meeseq Fund Rates on Monday (December 26, 2011). Copyright 2011 Business Recorder

NJLI YAQEEN GROWTH FUND RATES.
December 27, 2011... Byline: RECORDER REPORT ===================== Offer Price 640.56 Bid Price 608.54 ===================== NJLI Yaqeen Growth Fund Rates on Monday (December 26, 2011). Copyright 2011 Business Recorder

EFU Managed Growth Fund Rates.
December 27, 2011... Byline: RECORDER REPORT ===================== Offer Price 866.23 Bid Price 822.91 ===================== EFU Managed Growth Fund Rates on Monday (December 26, 2011). Copyright 2011 Business Recorder

EFU Pension Growth Fund Rates.
December 27, 2011... Byline: RECORDER REPORT ===================== Offer Price 164.88 Bid Price 156.63 ===================== EFU Pension Growth Fund Rates on Monday (December 26, 2011). Copyright 2011 Business Recorder

EFU Capital Growth Fund Rates.
December 27, 2011... Byline: RECORDER REPORT ===================== Offer Price 252.88 Bid Price 240.23 ===================== EFU Capital Growth Fund Rates on Monday (December 26, 2011). Copyright 2011 Business Recorder

EFU Aitemad Growth Fund Rates.
December 27, 2011... Byline: RECORDER REPORT ===================== Offer Price 683.02 Bid Price 648.86 ===================== EFU Aitemad Growth Fund Rates on Monday (December 26, 2011). Copyright 2011 Business Recorder

EFU GUARANT GROWTH FUND Rates.
December 27, 2011... Byline: RECORDER REPORT ===================== Offer Price 623.86 Bid Price 592.66 ===================== EFU Guarant Growth Fund Rates on Monday (December 26, 2011). Copyright 2011 Business Recorder

Clearing Schedule for T+2 System.
December 27, 2011... Byline: RECORDER REPORT ================================================================ CLEARING SCHEDULE FOR T+2 SYSTEM FOR THE MONTH OF DECEMBER 2011 AND JANUARY 2012 ================================================================...

Proposed right issues.
December 27, 2011... Byline: RECORDER REPORT ============================================================= PROPOSED RIGHT ISSUE ============================================================= Company Rate =============================================================...

Provisionally listed companies.
December 27, 2011... Byline: RECORDER REPORT ==================================================== Company Trading commenced from ==================================================== - - ==================================================== Provisional companies...

Last date of renunciation/payment.
December 27, 2011... Byline: RECORDER REPORT ======================================================================================== COMPANY Trading in L/Right Last Date for Last Date of Spot From Premium w.e.f. Payment/Ren. Trading...

BOARD MEETINGS.
December 27, 2011... Byline: RECORDER REPORT ============================================================== Name of company Date Time ============================================================== Highnoon Laboratories Ltd 27.12.2011 11:00 am Thal Industries...

BRIndex30 and BR Sectoral Indices.
December 27, 2011... Byline: RECORDER REPORT =================================== BR INDICASE AT A GLANCE =================================== BRINDEX30 =================================== Day Close: (-) 8,376.82 High: 8,449.03 Low: 8,373.91 Net Change: (-) 30.48...

Mutual Funds Association of Pakistan.
December 27, 2011... Byline: RECORDER REPORT ======================================================================================================================== ===================== Funds Name Asset Manager Category Offer Repurchase Validity Price Price...

Rates of Debt Securities.
December 27, 2011... Byline: RECORDER REPORT ================================================================================================================= RATES OF DEBT SECURITIES...

Kerb buying and selling rate of US dollar.
December 27, 2011... Byline: RECORDER REPORT ======================== Open Buying Rs 89.50 Open Selling Rs 89.70 ======================== Dollar buying and selling rate in the kerb market in rupees on Monday (December 26, 2011). Copyright 2011 Business Recorder

Dollar's rate in interbank market.
December 27, 2011... Byline: RECORDER REPORT ======================== Buying Rs 89.40 Selling Rs 89.44 ======================== Interbank closing rates for dollar on Monday (December 26, 2011). Copyright 2011 Business Recorder

Shipping Intelligence.
December 27, 2011... Byline: RECORDER REPORT =========================================================================== VESSELS ON BERTH =========================================================================== Berth Ship Working Agent Berthing No Date...

State Bank statement of affairs.
December 27, 2011... Byline: RECORDER REPORT ======================================================================================================================== ======================= STATEMENT OF AFFAIRS OF THE STATE BANK OF PAKISTAN BANKING DEPARTMENT AS ON...

Karachi tea rates.
December 27, 2011... Byline: RECORDER REPORT =================================== TEA (PER KG) =================================== KENYA ----------------------------------- PF-1 A Grade 470.00 B Grade 440.00 + C Grade 420.00 C Grade 365.00...

Milk powder rates.
December 27, 2011... Byline: RECORDER REPORT =================================== MILK POWDER SKIMMED (per bag of 25 kgs) =================================== Irish skimmed 8500.00 Haleeb SMP 6500.00 Nur Pur 7500.00 Skim Pak 5400.00 Poland 9000.00 Olden Burger...

Raw rubber rates.
December 27, 2011... Byline: RECORDER REPORT =================================== RAW RUBBER CEYLON (per lb) =================================== RSSV 165.00 Pale Crape TPC3 200.00 ----------------------------------- LATEX ----------------------------------- Merrytax...

Jute goods rates.
December 27, 2011... Byline: RECORDER REPORT =================================== JUTE GOODS TWINE (Per Kg) =================================== 20x3 Brown 92.00 16x3 CRT/Indus 92.00 8x3 140.00 40x2 Brown 88.00 ----------------------------------- HESSIAN CLOTH (Per...

Rates of spices and other allied commodities.
December 27, 2011... Byline: RECORDER REPORT =================================== KIRANA ITEMS (Per 40 Kg) =================================== White pepper 40000.00 Black pepper Singapore 25000.00 Black pepper Ceylon 25000.00 Black pepper Brazil 27000.00 Mace...

Rates of dry fruit.
December 27, 2011... Byline: RECORDER REPORT Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (December 26, 2011).

Karachi chemicals and dyes market rates.
December 27, 2011... Byline: RECORDER REPORT =================================== DYES NAPHTHOLS CHINA (Per Pound) =================================== As 100 pc 175.00 AS 80 pc 155.00 ASBS 100 pc 210.00 ----------------------------------- BASES CHINA...

Grain market rates.
December 27, 2011... Byline: RECORDER REPORT =================================== CEREALS (Per 100 Kgs) =================================== Makai 2100/2150 Juwar 2100/2200 Moong Punjab 6500/- Masoor Canada 4500/5000 Masoor Dall 5800/- Urad Burma (40 Kg) 2400/-...

Karachi Plastic/Urea Moulding Compounds Rates.
December 27, 2011... Byline: RECORDER REPORT =================================== HDPE (FILM) (Per lb) =================================== Saudia 952 76.50 TR144 74.50 ----------------------------------- HDPE (INJECTION) (Per lb) -----------------------------------...

Hides and skin rates.
December 27, 2011... Byline: RECORDER REPORT ============================================= HIDES ============================================= (Wet Salted Per Piece) ============================================= (i) (ii) (iii)...

Lahore Paper Market Rates.
December 27, 2011... Byline: RECORDER REPORT =========================================== OFFSET PAPER Indonesia (per lb) =========================================== 23x36 75 57 27x34 75 57 25.5x36 75 57 30x40 75 57 ------------------------------------------- Art...

Lahore Grain Market Rates.
December 27, 2011... Byline: RECORDER REPORT =================================== Per 100 kg =================================== Sugar 4860-4880 Gur 6000-7000 Shakar 5500-7000 Ghee (16 kg) 2460-2670 Almond (Kaghzi) 25000-40000 Almond (Simple) 10500-13500 Sogi...

Faisalabad yarn and fibre prices.
December 27, 2011... Byline: RECORDER REPORT =================================== 6-7/S Cone (Cotton) =================================== Goraya 560.00 ARY 590.00 Nelibar 850.00 ----------------------------------- 8/S Cone (Cotton)...

Karachi Yarn Market Rate.
December 27, 2011... Byline: RECORDER REPORT =================================== CONES CARDED =================================== 10/1. Popular Fibre 900.00 Diwan 900.00 16/1. United 925.00 Popular Fibre 925.00 Abdullah Textile 900.00 Indus 1070.00 21/1. Ishtiaq...

Poultry Rates.
December 27, 2011... Byline: RECORDER REPORT Wholesale poultry rates on Monday (December 26, 2011) and for Tuesday (December 27, 2011). Eggs: Rs 3090/3095 per 30 dozen; Broiler Birds (live): Rs 164 per kilogram; Cull Birds (live): Rs 90 per kilo. Rates For...

Cotton Spot Rates.
December 27, 2011... Byline: RECORDER REPORT =========================================================================== The KCA Official Spot Rate for Local Dealings in Pak Rupees --------------------------------------------------------------------------- FOR BASE...

LME official prices.
December 27, 2011... Byline: RECORDER REPORT =================================================================================================== Aluminium Aluminium Copper Lead Nickel Tin Zinc Nasaac Alloy...

Bullion Rates.
December 27, 2011... ================================== In rupees per 10 gram ================================== KARACHI ---------------------------------- Gold Tezabi 24 CT 46885.00 Silver Tezabi 857.14 ================================== Gold and silver rates in...

Imran's 'tsunami' hits country's former capital.
December 26, 2011... Byline: ANWAR KHAN Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Sunday vowed to eradicate corruption from the country within 90 days after coming into power and apologised to the people of Balochistan for the injustices they were...

Energy crisis, PIA, PR, PSM transformation: Prime Minister sets up task force under Hafeez.
December 26, 2011... Byline: RECORDER REPORT Prime Minister Yousuf Raza Gilani on Sunday formed a task force to address the issue of energy crisis in the country and for the transformation of public sector entities, including PIA, Pakistan Railways and Pakistan...

Gilani rejects Firdous' resignation.
December 26, 2011... Byline: RECORDER REPORT Federal Information Minister Firdous Ashiq Awan on Sunday tendered her resignation during federal cabinet's meeting held at Governor House here. However, her resignation was turned down by the prime minister and asked...

Kazmi appointed NIB Bank president.
December 26, 2011... Byline: RECORDER REPORT Badar Kazmi has been appointed President of NIB Bank in Pakistan by Tamasek Holdings of Singapore. The Singaporean government-owned investment arm had invested in NIB and later purchased now defunct PICIC Commercial...

Dewan Petroleum on verge of collapse.
December 26, 2011... Byline: ABDUL RASHID AZAD & ASMA RAZAQ Dewan Petroleum is on the verge of financial collapse with $30 million default to International Finance Corporation (IFC) due to low gas production price offered by the government of Pakistan. "Dewan...

FBR to give tax relief to PIA.
December 26, 2011... Byline: SOHAIL SARFRAZ The Federal Board of Revenue (FBR) has decided to give a major tax concession, under Income Tax Ordinance 2001, to Pakistan International Airlines (PIA) to help it come out of the current financial crisis. Sources...

Index gains 273 points.
December 26, 2011... Byline: RECORDER REVIEW The KSE-100 index gained 272.95 points, or 2.5 percent, during the week ended on December 23, 2011 and closed at 11,301.09 points on the back of investors' interest, on dips, mainly in fertiliser and banking sector...

Futures open interest down 1.6 percent.
December 26, 2011... Byline: RECORDER REPORT The total open interest position during the week ended on December 23, 2011 declined by Rs 22 million or -1.6 percent on week-on-week basis to Rs 1.4 billion. The futures spreads, on the other hand, increased by 700bps...

Correction.(Correction notice)
December 26, 2011... The Trading Corporation of Pakistan has finalised deals for procurement of 20,000 tons of sugar from local sugar mills not 200,000 as carried by Business Recorder on December 25 issue due to a typo error. So far offers of two lowest bidders have...

8-10 hours' loadshedding from today.
December 26, 2011... Byline: M RAFIQUE GORAYA The country will brace 8 to 10 hours loadshedding from Monday as the hydro-power generation will sharply fall with the month-long closure of canals across the country, power sector sources told Business Recorder here...

SSP involved in murder of Shahbaz Bhatti: Malik.
December 26, 2011... Byline: RECORDER REPORT Federal Minister for Interior Rehman Malik has revealed that Sipa-e-Sahaba (SSP) is involved in the murder of Shahbaz Bhatti, former Minister for Minority Affairs. Speaking here on Sunday at a function organised in...

First Safar on December 27.
December 26, 2011... The Safar moon has not been sighted on Sunday and the first of Safar will fall on December 27. This was announced by the Chairman of Central Ruet-i-Hilal Committee, Mufti Munib-ur-Rehman, on Sunday. A statement issued here pointed out that no...

Protection of minorities' rights constitutional duty: Prime Minister.
December 26, 2011... Prime Minister Syed Yousuf Raza Gilani said that it is Constitutional duty of the government to protect the right of minorities. In his message on Christmas Day, he said that "the government regards the protection of rights of the minorities...

Bilawal Bhutto felicitates Christians.
December 26, 2011... Chairman Pakistan People's Party Bilawal Bhutto Zardari has felicitated the Christians in Pakistan on the eve of Christmas and said it was time for festivity, celebration and rejoicing. Bilawal Bhutto Zardari in his message on the occasion of...

GF appeals to President for abolishing death sentence.
December 26, 2011... Global Foundation (GF) has appealed the President of Pakistan to fulfil his pledge and make announcement for abolishing the death sentence. In a statement issued here on Sunday, Ulfat Kazmi Executive Director Global Foundation said that there...

Christmas celebrated in Peshawar.
December 26, 2011... Like elsewhere, the Christian community here on Sunday celebrated Christmas with a renew pledge to work for strengthening and prosperity of Pakistan and promotion of interfaith harmony and peace in the society. The main colourful function of...

Canals' closure, fuel shortage cause power loadshedding.
December 26, 2011... The acute power crisis has compelled the Pakistan Electric Power Company (Pepco) to resort to eight to 12 hours loadshedding in urban and rural areas. A senior Pepco official told APP on Sunday that annual canals closure for desilting, shortage...

Man kills niece, boy.
December 26, 2011... One Waqar Jatoi of village Dost Muhammad Jatoi falling in the limits of Khoski police station of district Badin, shot dead his niece Mayfal Jatoi and a 19-year boy Ali Gul Buledi suspecting illicit relations between them on Saturday evening. ...

SHC to resume normal work on January 10.
December 26, 2011... All the benches of Sindh High Court (SHC) will resumed normal work on January 10, after winter vacations, starting from December 26 (today). The circuit benches of SHC in Hyderabad, Sukkur and Larkana will also observe the same schedule of the...

Local bus service to be started soon in Rawalpindi.
December 26, 2011... District Co-ordination Officer (DCO) Saqib Zafar has said that soon local bus service would be started in Rawalpindi as VARAN urban transport company and one other transport companies have shown interest in re-launching urban transport service...

Targeted killing of doctor: PMA for ascertaining cause.
December 26, 2011... The Pakistan Medical Association (PMA) has demanded formation of a committee comprising high ranked police officials to ascertain actual cause of targeted killing of Dr Mehboob. Dr Samrina Hashmi, President PMA-Sindh in a statement on Sunday...

Shifting politicians cannot bring about revolution: Munawar.
December 26, 2011... Byline: SAFDAR RASHEED Politicians frequently changing parties can not bring about a revolution in the country. This was stated by Jamaat e Islami chief Munawar Hasan at a public gathering here on Sunday. He said that Quaid e Azam Muhammad...

Gas heater users warned of life risks.
December 26, 2011... Health experts have warned the people to switch off gas room heaters before going to bed to avoid any untoward incident. Talking to APP here Sunday about recent gas related incidents in some areas, Medical Superintendent General Hospital Dr...

Punjab Institute of Neuro Sciences to be set up at LGH.
December 26, 2011... Byline: RECORDER REPORT Pakistan Medical and Dental Council (PMDC) has given the approval of PGMI under Graduate Medical College while Punjab Health Department has also referred PC-I of Punjab Institute of Neuro Sciences to be established at...

Education must be our priority: Dr Farhan.
December 26, 2011... Byline: RECORDER REPORT Principal, Government MAO College, Professor Dr Farhan Ebadat Yar Khan has said that the dream of prosperous Pakistan can only be fulfilled by following the norms of Unity, Faith and Discipline, as ordained by...

Prisoner dies in Jail hospital.
December 26, 2011... A prisoner of murder case died due to protracted illness in the hospital of Central Jail here on Sunday. According to a spokesman of the Prisons department, Muhammad Rafiq of Chak No 72 South Sargodha was arrested by the Khushab police in a...

Police recover body of a boy.
December 26, 2011... Police recovered body of a 12-year-old boy near Sindh-Blaochistan border on Sunday. According to police, acting on a tipoff, police took body into custody. The deceased was sent to the district headquarters hospital where the victim was...