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Friday 22, August 2014

 
 
 




 

Market


Dollar edges higher in Asia

By: Web Desk, Uploaded: 21st August 2014

Dollar edges higher in Asia TOKYO:The dollar edged up against the euro and the yen in Asian trade Thursday, building on the 11-month high it reached against the European currency overnight as the market eyed US rate hikes. In late morning Tokyo trade, the euro was quoted at $1.3248 and 137.70 yen, down from $1.3258 and 137.57 yen in New...


AMISP issues rates of commodities

By: Web Desk, Uploaded: 19th August 2014

AMISP issues rates of commodities LAHORE: Agriculture Marketing Information Service Punjab (AMISP) issued rates of different agriculture products as per 100 kg in local market on Tuesday. Rice (Super Karnal Basmati New) minimum Rs 11500 and maximum Rs 12000, white sugar minimum 5560 and maximum Rs 5560, white gram minimum Rs 5500 and maximum Rs 6000, Red Chili Whole (Dry)...


Rates for conversion of FCD, DBC, FCBC, US dollar bonds

By: Web Desk, Uploaded: 19th August 2014

Rates for conversion of FCD, DBC, FCBC, US dollar bonds KARACHI: The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S. Dollar Bonds and profits thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E- 25 deposits) by the State Bank on August 20, 2014. The rates...


Bullion prices on Tuesday

By: Web Desk, Uploaded: 19th August 2014

Bullion prices on Tuesday KARACHI:Following were the bullion prices in Karachi, Multan and Hyderabad on Tuesday. KARACHI:  (per 10 gram) Gold Tezabi 24 CT                     Rs   41957.00 Silver Tezabi                               Rs     750.00 HYDERABAD: (per 10 gram) Gold 24K                                      Rs.   41490.00 Gold 22K                                      Rs.   38035.00 Silver                                             Rs.     647.20 MULTAN: (per 10 gram) Gold Tezabi-24 CT                   Rs    40980.00 Gold 22 CT                                  Rs    37460.00...


Oil prices rebound in Asia

By: Web Desk, Uploaded: 19th August 2014

Oil prices rebound in Asia SINGAPORE: Oil prices rebounded in Asia Tuesday on bargain-hunting after tumbling on easing concerns about conflicts in Ukraine and Iraq, analysts said. US benchmark West Texas Intermediate (WTI) for September delivery rose 38 cents to $96.79 while Brent crude for October was up 22 cents to $101.82 in late-morning trade. WTI fell 94 cents in...


Dollar firm in Asia as Ukraine tensions ease

By: Web Desk, Uploaded: 19th August 2014

Dollar firm in Asia as Ukraine tensions ease TOKYO- The dollar held steady in Asia on Tuesday as concerns over a Ukrainian clash with Russia eased, while investors looked to a speech by the US Federal Reserve chief this week. In midday Tokyo trade, the greenback rose to 102.62 yen, up from 102.57 yen in New York and 102.32 yen in Tokyo earlier...


Market rates of bullion in Multan

By: Web Desk, Uploaded: 18th August 2014

Market rates of bullion in Multan MULTAN: The following bullion rates were received from markets here on Monday. BULLION (PER 10 GRAM) GOLD TEZABI-24 CT—-  41060,00 GOLD 22 CT————–37540.00 SILVER TEZABI———–645.00 SILVER THOBI————618.00 Source:...


Rates for conversion of FCD, DBC, FCBC, US dollar bonds

By: Web Desk, Uploaded: 18th August 2014

Rates for conversion of FCD, DBC, FCBC, US dollar bonds KARACHI: The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S. Dollar Bonds and profits thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E- 25 deposits) by the State Bank on August 19, 2014. The rates...


Bullion prices on Saturday

By: Web Desk, Uploaded: 16th August 2014

Bullion prices on Saturday KARACHI: Following were the bullion prices in Karachi and Hyderabad on Saturday. KARACHI:  (per 10 gram) Gold Tezabi 24 CT    Rs   42000.00 Silver Tezabi             Rs     642.85 HYDERABAD: (per 10 gram) Gold 24K           Rs.   41490.00 Gold 22K           Rs.   38035.00 Silver                 Rs.     651.50 Note: Lahore and Multan bullion rates not received today. Source:...


SBP-Reserves:Foreign reserves stand at US$ 14,264.1 million

By: Web Desk, Uploaded: 15th August 2014

SBP-Reserves:Foreign reserves stand at US$ 14,264.1 million KARACHI: The total liquid foreign reserves held by the country stood at US $ 14,264.1 million on August 8, 2014, a statement of State Bank of Pakistan issued here on Friday. Giving a break-up of the foreign reserves position it said that Foreign reserves held by the SBP stood at US $ 9,188 million while...


Rates for conversion of FCD, DBC, FCBC, US dollar bonds

By: Web Desk, Uploaded: 15th August 2014

Rates for conversion of FCD, DBC, FCBC, US dollar bonds KARACHI: The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S. Dollar Bonds and profits thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E- 25 deposits) by the State Bank on August 18, 2014. The rates...


Forex-Closing Kerb currency market

By: Web Desk, Uploaded: 15th August 2014

Forex-Closing  Kerb currency market KARACHI: Following were the closing rates of foreign currencies in kerb market, issued by Forex Association of Pakistan (FAP) here on Friday. F.C.                                                          LOW RATE                                               HIGH RATE U.S $ (Inter Bank)                                99.90                                                          99.98 U.S $ (Cash Free Market)                 99.90                                                          100.10 EURO                                                        132.80                                                        133.05 U.K....


Bullion prices on Friday

By: Web Desk, Uploaded: 15th August 2014

Bullion prices on Friday KARACHI: Following were the bullion prices in Karachi on Friday. Gold Tezabi 24 CT    Rs   42085.00  (Per 10 gram) Silver Tezabi        Rs     651.42  (Per 10 gram) Note: Lahore, Multan and Hyderabad bullion rates not received today. Source:...


Dollar firms in Asia amid thin trade

By: Web Desk, Uploaded: 13th August 2014

Dollar firms in Asia amid thin trade TOKYO- The dollar firmed against major currencies in Asian trade on Wednesday, with its movements limited as many traders were off for the summer holiday season. The dollar fetched 102.29 yen in midday Tokyo trade, compared with 102.24 yen in New York. The euro bought $1.3365 and 136.72 yen against $1.3368 and 136.67 yen. Investors...


Market rates of bullion in Multan

By: Web Desk, Uploaded: 12th August 2014

Market rates of bullion in Multan MULTAN: Following bullion rates were received from markets here on Tuesday, 2014: BULLION (PER 10 GRAM) ===================== GOLD TEZABI-24 CT—-  40890.00 GOLD 22 CT—————-37380.00 SILVER TEZABI———–640.00 SILVER THOBI————-608.00 Source:...


Bullion prices on Saturday

By: Web Desk, Uploaded: 9th August 2014

Bullion prices on Saturday KARACHI: Following were the bullion prices in Karachi and Hyderabad on Saturday. KARACHI:  (per 10 gram) Gold Tezabi 24 CT    Rs   41871.00 Silver Tezabi               Rs     651.42 HYDERABAD: (per 10 gram) Gold 24K            Rs.   41320.00 Gold 22K            Rs.   37875.00 Silver                   Rs.     648.00 Note: Lahore and Multan bullion rates not received today. Source:...


Forex Opening & Closing Kerb currency market

By: Web Desk, Uploaded: 9th August 2014

Forex Opening & Closing Kerb currency market KARACHI: Following were the opening & closing rates of foreign currencies in kerb market, issued by Forex Association of Pakistan (FAP) here on Saturday. F.C.                                               LOW RATE                                           HIGH RATE U.S $ (Inter Bank)                          —                                                            — U.S $ (Cash Free Market)          98.70                                                    98.90 EURO                                                 131.75                                                  132.00 U.K. POUND                                    165.25                                                  165.50 JAPANI YEN                                 0.95872                                              0.97872...


SBP sells Rs 86,893.509 MTBs

By: Web Desk, Uploaded: 6th August 2014

SBP sells Rs 86,893.509 MTBs KARACHI, Aug 6 (APP) : The State Bank of Pakistan (SBP) on Wednesday sold Market Treasury Bills (MTBs) of Rs 86,893.509 million of 3-month, 6-month and 12-month tenure. The face value of these bills was Rs 89,625.590, said an SBP press release. Source:...


Rates for conversion of FCD, DBC, FCBC, US dollar bonds

By: Web Desk, Uploaded: 6th August 2014

Rates for conversion of FCD, DBC, FCBC, US dollar bonds KARACHI: The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S. Dollar Bonds and profits thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E- 25 deposits) by the State Bank on August 7. The rates are:...


Bullion prices on Wednesday

By: Web Desk, Uploaded: 6th August 2014

Bullion prices on Wednesday KARACHI: Following were the bullion prices in Karachi, Hyderabad and Multan on Wednesday. KARACHI:  (per 10 gram) Gold Tezabi 24 CT                                                              Rs   41571.00 Silver Tezabi...


GLOBAL MARKETS-Asia stocks retreat after China services data sours mood

By: Web Desk, Uploaded: 5th August 2014

GLOBAL MARKETS-Asia stocks retreat after China services data sours mood TOKYO: Asian stocks slipped on Tuesday after a survey showed China’s services sector growth fell to a record low, souring the positive mood from upbeat U.S. earnings and relief over Portugal’s rescue of its largest bank. Spreadbetters saw Europe faring better, with Capital Spreads expecting Britain’s FTSE to open 0.1 percent higher,Germany’s DAX 0.5 percent,...


Oil price up in Asian trade

By: Web Desk, Uploaded: 4th August 2014

Oil price up in Asian trade SINGAPORE- Oil prices rose in Asia Monday, but analysts said gains were capped following weakened demand caused by refinery shutdowns and easing concerns about armed conflicts around the world. US benchmark West Texas Intermediate for September delivery rose five cents to $97.93 while Brent for September gained 17 cents to $105.01 in late-morning trade. Singapore’s...


Euro slips in Asia on Portugal bank bailout

By: Web Desk, Uploaded: 4th August 2014

Euro slips in Asia on Portugal bank bailout TOKYO- The euro slipped against the dollar in Asia on Monday following news of a bailout for a crisis-hit Portuguese bank, while the dollar held steady after falling on US jobs data. Portugal’s central bank announced late Sunday that the nation will inject 4.4 billion euros ($5.9 billion) into the Banco Espirito Santo (BES) amid...


Oil prices extend losses in Asian trade

By: Web Desk, Uploaded: 31st July 2014

Oil prices extend losses in Asian trade SINGAPORE: Oil prices tumbled further in Asia Thursday as concerns eased that fresh Western sanctions on Russia over Ukraine would have an immediate impact on global oil supplies, analysts said. US benchmark West Texas Intermediate (WTI) for September delivery slipped 66 cents to $99.61 while Brent crude for September was down 29 cents at $106.22...


Dollar dips after Wall Street rally

By: Web Desk, Uploaded: 31st July 2014

Dollar dips after Wall Street rally TOKYO: The dollar edged back against the yen in Asian trade Thursday after surging to a near four-month high in US trade in response to forecast-beating US economic growth data. In early trade in Tokyo the greenback bought 102.78 yen, compared with 102.81 yen late in New York but still well up from the 102.11...


Unilever sales growth hurt by slowing emerging market

By: Web Desk, Uploaded: 24th July 2014

Unilever sales growth hurt by slowing emerging market LONDON: Unilever  missed second-quarter sales estimates on Thursday, citing a slowdown in emerging markets and continuing malaise in developed markets. The Anglo-Dutch maker of Ben & Jerry’s ice cream, Dove soap and Lipton tea said underlying sales – which exclude the impact of foreign exchange, acquisitions and disposals – rose 3.8 percent, compared to analysts’...


 
 
 



 
 



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